Forex Trading Course & Broker Reviews
After it has been decided to engage in forecasting prices in the Foreign Exchange Currency Market (FOREX) there are two more important decisions to be made.

These two decisions are closely related: the choice of a forex broker and the choice of a trading platform.

While you are considering these two, you will also encounter forex trading courses that will help you to understand the jargon of the forex market and to teach you how to perform technical and fundamental analysis to supply you with a better than 50/50 probability of making sound trading decisions. If you should run across any forex trading courses that are geared toward helping you to understand the mentality and psychology behind your trading decisions and those of other traders, strongly consider getting involved in some of those (continued below).

Our #1 recommendation is eToro. Their claim is the world’s largest investment network however the main reason eToro gets our approval is because of their cutting-edge social trading platform. This provides a simple, transparent and enjoyable way to trade commodities, forex and indices online. Great for beginners and veterans See who is trading what in real-time, follow the best performing traders and automatically copy what the best traders do. It’s the smarter way to trade.
24Option comes in equal first with their revolutionary Binary Options trading. Binary Option are predictions on how the market price of a certain stock, index, forex pairing, or commodity will perform over a specific amount of time. There’s no risk as you’re not buying the asset, just predicting whether the price will rise or fall. Binary options are simple, quick, and profitable. 24Option makes Binary options an easy, straightforward, and lucrative way to invest in any market of your choice while not having to purchase assets or wait for your profits. Just follow the three steps.
Markets.com is our next recommendation with such a wide range of financial instruments to trade, from Forex to Indices, Commodities and Share CFDs. Markets.com have one of the best trading platforms around, they understand traders which in reflected in their Exceptional Terms and Conditions. Markets.com also offers Fixed & Floating Spreads can get you an amazing 200:1 Leverage and much more. If you are serious about trading you can go past Markets.com
ForexYard is our next recommendation, ForexYard are big on training offering Free one-one training session and give you $100,000 practise account which makes it ideal for anyone serious about trading full time. ForexYard also have a automated feature FX-Automate which make your life much easier. FX-Automate also allow you to see what the top performers are trading. ForexYard also offer cashbacks on live account up to $1000. Open a free account today


These three tasks, choosing a broker, a trading platform and forex trading courses, can be conducted more or less simultaneously, since brokers generally offer trading platforms and forex trading courses for both potential and actual clients.

Choosing the broker should take precedence for a new trader. Examine things such as minimum account size, minimum trade size, and most importantly, trading costs. Some brokers, called 24Option, earn their fees off the spread, which is the difference between the bid price and the ask price of a currency pair.

Another type of forex provider is the Electronic Clearing Network (ECN) Broker. Some of these ECNs object to being classified as a broker, since they want to avoid some of the issues associated with Market Makers, but forex traders generally just use the term broker to refer to any provider of access to the forex market. ECNs will have lower spreads, but they do charge a commission.

Your task in deciding upon a broker is to determine, based on the way or ways you intend to trade, which broker will give you the best mix of the forex services you desire for the lowest bottom line trading costs. Trading platforms and forex trading courses are best viewed as a bonus at this juncture.

Do plan on spending a lot of time and extreme diligence on this task, since it will have more impact on your success or failure than almost any other facet of trading.

While you are evaluating brokers, take a look at their trading platforms. They will give one or more to you to use free of charge both to persuade you to become a client and to retain you as a client. Most brokers offer one or more proprietary platforms that you can only use for placing trades through them. They also have many mobile apps for smart phones and tablets if you plan to go that route.

You will also see brokers offering third party platforms such as Metatrader and Ninja Trader. These platforms may be fully functional or they may be only partial licenses, but they can be used with any broker that supports them, so if you plan on using more than one broker, look carefully at these and any other third party platforms that appeal to you.

The key thing with platforms is that they offer trial periods during which it is critical to make sure they function correctly with your hardware and Internet connection. There have been many instances where a platform performed flawlessly on one computer, but was subject to frequent crashes and unexplainable random glitches on a seemingly similar computer.

Forex trading courses are available from brokers and suppliers who specialize in forex education. Basic forex trading courses should be free, regardless of who is offering them. Do not be fooled into believing that a forex trading course that costs you thousands of dollars is going to make you automatically successful. Beginners and many veteran traders will have their hands more than full gaining even slight mastery of the many free forex trading courses available.

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