There are numerous brokers available to you so used the forums here and in other forex communities.
I personally use multiple , Oanda and Hugosway my main brokers as I’m big on Crypto trading .
However use due diligence when choosing
Your biggest enemy is your psychology. Unseasoned and mentally unprepared trader faces with the greatest challenge in his trading career - lack of discipline. Eliminate emotions from your trading and with decent effort and patience you will succeed. But it may take up years.
Regarding brokers use any for demo but when it comes to the choice of broker for live trading, use brokers which are located in strict jurisdictions and read carefully their ToS
I have been working with a regulated and credible broker ForexChief since 2016. And I have started my trading journey with it as a new baby. What I simply love about this broker is: it is providing me complete customized services of narrowest spread, competitively lower commission rate and yes, 24/5 trading facilities with full time expert assistance. I can talk with the expert any time and yes I am enjoying moderate leverage of 1:400.
I trade in the currency market, before choosing a forex broker, I always check these 7 criteria to find the best forex brokers for a good trading environment.
World class customer service
Competitive spreads and pricing
Trading platform
ASIC and FCA regulated (UK)
High speed execution of order
Set stops and limits
Trade Multiple accounts
I hope that these tips will be helpful in choosing a better broker for you.
Just sign up with the biggest and oldest firm operating in your area which is not regulated by some tiny island republic. Even if its not the right provider for you, you will learn enough to know how to identify the right one and you probably won’t be scammed.
Of course, some will say don’t go with them, they are arrogant and their customer service is terrible. So you could sign up with a tiny firm run by someone with a made up eastern European surname that set up last week in Vanuatu with sub offices in Cyprus and Belize to trade binary…
Of course one broker may simply be not enough.
Some may be restricted in certain areas and may be restricted on certain asset classes.
I personally would rather use 2 brokers just to keep my options open.
not always bonuses of forex brokers are bad thing. in fact, welcome bonuses are exist for acquiant people with broker’s platform - to trade these bonus money and try all the tools. I know a lot of reliable forex brokers offering bonuses, and they have no goal in stealing money, for instance, justforex broker. It’s up to you who to trust anyway.
Of course bonuses can work when you judge them from the standpoint of company employee, as you do that. The more we trade the higher is your salary. Thankfully candid recommendations prevail here so newbie traders take correct learning path