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Nairaland Forum / Nairaland / General / Business / I Am A Forex Rookie Please I Need Help In Choosing A Broker.. (1086 Views)
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I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by garripack: 6:59pm On Mar 03, 2016 |
please this is going to our Forex profs. of Nairaland please i am new to Forex been learning it for about 4 weeks now and i am ready to give it a trial... but i want advice on good brokers i could start with.. i don't have a huge capital to start up with..and i would also want to start a with a demo account.. to practice what i have been learning (i plan to start with at least 100USD to train my self.. because i feel i would be more focus if my money is involved.. and lastly i really do need a mentor.... please do reply i need ur helps |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by emeviks: 7:03pm On Mar 03, 2016 |
you can start with Alpari as they offer Nano Account which us usually in cents. So with your $100 start-up capital that will be $10,000Cents. Note: Always apply money management skills by using the lot size to your advantage. |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by garripack: 7:18pm On Mar 03, 2016 |
emeviks:Alpari - ok please is it a mini account or a Standard or Micro.. by using the lot size to your advantage how do i do dat |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by emeviks: 8:08pm On Mar 03, 2016 |
its called a nano account in cents.. go to www.alpari.com as regards the lot size, you only trade with 2% to 5% of your trading account to minimise your losses.. MONEY MANAGEMENT! |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by garripack: 8:38pm On Mar 03, 2016 |
emeviks: thank you |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by keNAustinBros(m): 8:46pm On Mar 03, 2016 |
My advice to you, you will lose that money in no time. You need more practice.Even a year is not enough for demo trading. |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by garripack: 8:52pm On Mar 03, 2016 |
keNAustinBros:so your advice is what.. is it to avoid going live into the market after learning.. or to get scared of loosing my money |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by Glock9(m): 10:21pm On Mar 03, 2016 |
garripack: They are okay and also have representatives in Nigeria. Also their leverage is a maximum of 500:1. You can withdraw the bonus after two months. |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by kensandrea: 11:31pm On Mar 03, 2016 |
Glock9: What is their financial strength and how long have they been in the industry Also I want to know if fxcm have a branch in Lagos and any broker with Standard account but do not operate minimum deposit @ op I thanks for.the topic |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by garripack: 9:08am On Mar 04, 2016 |
kensandrea: yea sure Fxcm and also Forex.com |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by garripack: 9:08am On Mar 04, 2016 |
Glock9: that's cool |
Re: I Am A Forex Rookie Please I Need Help In Choosing A Broker.. by Jethrolite(m): 9:10am On Mar 04, 2016 |
garripack:I am begging you, please stay away from forex trade. |
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