Trading Platform

Beginner Questions
1

Hello guys,

Im new to Forex and Im trying to find a good platform to trade with a small account so I can get my feet wet!

any Recommendations?

and also, is it normal to pay a monthly subscription fee to trade?

2

welcome to this forum , its a good place for the newcomers trader . if you find a good trading platform then of course all credit goes to MT4 that i have been using from my first day of trading.

3

Who are you paying a fee to?

4

I would advise you to watch offers from companies, try to work with them on demo accounts and on the basis of this already draw conclusions.

1 Like
5

I am also using MT4 , but in General I agreed with @fraksin

6

Hi, no matter who you use make sure they’re regulated by a proper body not a random regulator in a random country. I use IG index. Purple trading is ok too or Oanda. They’re all regulated.

7

Do you live in the US? I’ve been checking for regulated brokers here and none have leverage over 1:50. Have you found any? If so please let me know. Thanks.

8

Nah I’m from uk and leverage is tight here too. You have to go offshore to get higher leverage.