Hi everybody, I am thinking of getting into the forex market and need to take some advice from you. I want to start off my trading with a small budget as I have limited cash now and would like to go on with $500. I donât know if brokers accept such amounts and where can I get some brokers to choose from so that I can give my options to some of them and start with my trade.
Trade demo, make a strategy, then worry about which broker you are going to use. You can get many demos from those brokers to get a feel for them in the mean time.
Repeat after me, "Do the demo" Do the demo" After a few months and you have an idea, then go trade. Save $450, go buy a couple books on trading first, develop a plan and then come back.
Checkout these brokers: www.instaforex.com www.liteforex.org www.etoro.com www.easy-forex.com www.marketiva.com