I am still using a demo account but I want to start looking around for a good Forex broker that I can open a live account later on, or even perhaps open a demo account with them so I get used to the specifics of that broker.
I was wondering if anyone could suggest a few brokers that meet the following criteria:
- Non-negative account (MUST HAVE). If you account goes to zero this is as much as you will be liable for. In other words they guarantee you wont lose more than you invested.
-Guaranteed stop-loss orders (MUST HAVE). No explanation needed. Stop-loss orders that will be filled no matter what the market is doing. I know there are some brokers like that that charge a special premium when you open a position like that.
-UK Based (MUST HAVE)
-Minimum trading volume 0.01 (MUST HAVE)
-Good customer support
-Easy money deposit/withdrawal
-Reasonable spreads (less than 2 pips)
-Reputable/Established: Ideally someone that has been around for a long time rather than since yesterday
So if you guys have some ideas please let me know and I will do the research on your suggestions. Obviously the must haves are most important.