The planet may by now have too many Forex brokers by now. The good, the bad and the ugly.

What do you want from a Forex broker?

First of all you can't trade currencies without a Forex broker so you need to signup with one for sure. You may want to diversify and sign up with quite a few. diversifying in Forex investing is an advantage. specially as minor accounts are much healthier options for starters. Starters can study a lot about the ins and outs of the Forex game so it is never recommended to start in Forex with more than a couple of thousand US dollars type of account

In today's Forex investing lots of things have tainted for those who live in the united states. US residents are now deprived from the bona fide Forex investing freedom and there are a lot less options for US residents when it comes to brokers. All US accounts must be held with US brokers who are forced by US laws to enforce the new trading convention of 50:1 leverage and no hedging or opposite trades on same currency on same account. All while in other part of the world leverage as high as 1000:1 is accessible. Picture being able to buy a standard lot EURUSD with an account that you only put a couple of hundred dollars into. while with your US broker you can hardly move a micro lot with a similar size account.

So lets take for granted we are not in the USA and we are looking for a Forex broker. First thing we need to look for is if they have the Metatrader terminal offered, once we have an ok on that, we should consider creating a demo account. Most brokers usually let you do that on their website after filling out a little form as a process to capture a lead. No hitch go ahead and supply your email address to get the Metatrader. they usually try to get in touch with you via email and remind about their services.

Once you have your demo account login and setup the Mt4 trading platform on your computer you are ready to experience Forex trading without risking any genuine money. You may not need to learn a lot to start trading. Just visit autoforexbody and get their top notch trading robot to start trading automatically on your demo account meanwhile you continue to increase your information of Forex investing and brokers.

Go ahead and get a hold of few other MetaTraders from many other Forex account and setup the robot on them, start different sizes of accounts and continue testing brokers for a while. get to chats with these brokers and see how helpful and how they compare. take a look at all the demo accounts you started and maybe you can see one or two that performed well and got no errors or missed deals. maybe you should check out your brokers now with small real accounts.

Begin your new year with a Forex account. once more it does not have to be a big one. who knows it could be 10 times bigger by year's end. or if you are not doing it right, it could be nothing. because this is Currency trading