Welcome to our Forex Starter Guide where you will come across a vast amount of information pertaining to Forex trading. Among some of the information that will be covered on this page would be: how to find a regulated broker, verified investment services and software along with determining how to get started on the best investment path possible. We will cover the top ranked regulated brokers, the best performing signal services and software along with tips on how to maximize your time and efforts with Forex trading.
Now, just like with most professions where you come across a training phase, the training phase for Forex trading would be setting time aside to study and practice for a few weeks or up to a few months (depending how much you know about trading online). To be honest, there is a large amount of information to digest and remember, such as learning to read financial graphs, conducting market research and applying different styles of trading analysis and how to find reliable brokers to consider investing with. There are so many options made available that it is almost impossible not to feel overwhelmed, which is why we have developed this user-friendly Forex Starter Guide to help you all get started the right way!
Best Regulated Forex Brokers
The earning potential through Forex trading is immensely underestimated because of the inexplicable truth that most newbie traders who take on this industry lose their hard-earned money due to not getting started on the right path. Their unfortunate experience causes them to oftentimes decide to cut their losses short and only leave negative feedback about their experience although much more could be said and done on their behalf. You see, most people believe that investing online with Forex or binary options is going to turn out to be much simpler than it appears but unfortunately those believers are in for a rude awakening. Becoming a trader from home is just as demanding if not more demanding than many others jobs and if your work ethic is not up to par to help you develop and become a better investor than more likely than not you will fail.
Now, we don’t mean to deter you from Forex investing or trading online through numerous other channels like binary options or CFD (Contracts-For-Difference) but this is the cold, honest truth. An appropriate mental attitude to possess when preparing to take on the financial markets would be to come in determined to succeed where you won’t let anything stop you from achieving what is right in front you! The earning potential is absolutely amazing with Forex and as long as you get started with regulated brokers, proven trading strategies and systems along with a determined mindset you can and will make money through Forex trading.
Now, keep in mind that you can’t win everyday. Even the best investors in the world have losing days or even weeks. This is why the incorporation of a strict money management strategy is of great importance when trading online from home through Forex, binary options, CFDs and vanilla options. Two dangers you should always be hesitant and aware about when it comes to the realm of online day-trading would be scam brokers and fraudulent signal services.
Scam Forex brokers operate in a variety of different ways such as denying withdrawal requests, manipulating trading data, offering broker signals to slowly swindle you out of your money and ultimately just stealing your money.
Fraudulent signal services and trading software simply are gauged to providing you losses over a short or long-period of time. More often than not most deposits are lost within the first 48 hours if you get started with a fraudulent trading operation.
So how can you avoid these seemingly unavoidable trading operations and keep your money from being swindled out beneath you? Simple, you can take our recommendations since we will only ever recommended regulated Forex trading brokers that are legal to invest with (depending on your demographic) along with services and software that have been shown and proven to generate winning trades.
To be honest, if you are reading this page, consider yourself lucky! Most of you will only come across this page after you have lost money, but fortunately for you, your warrior spirit lives on and you are looking for a way to recoup some of your losses and change your life around for the better. On this page one of our main priorities is just that! We are going to provide you with the guidance you need to start making money with regulated and legal investment brokers along with only the best services for online trading!
So, let’s get at it and start profiting with Forex day-trading!
How To Choose Forex Brokers
Below is an easy-to-follow guide for choosing a Forex broker based on your location and other factors.
Check out our Online Broker Complaints Center if you feel like you have been scammed and would like to warn others.
Forex Broker Reviews
Easy Markets – CySEC Regulated, operating in regulatory compliance with ASIC and MiFID Directive. $100 minimum deposit with $10 minimum trade allotted. Forex and CFDs and 24/5 customer support is offered.
OptionWeb – Best choice for people in France. Regulated by the French Regafi (ACPR Banque De France).
CM Trading – FSB Reglated Forex broker. Best choice for people in South Africa.
ForexMart – CySEC Regulated, operating in regulatory compliance with ACPR, BaFIN, FCA, ICF along with MiFID Directive. User-friendly trading platform, monthly investment competitions and exclusive platform incentives for deposits of $500 or more. Available in all countries, except for Japan and the US.
Invest.com – Only available in Austria, Switzerland, Germany, Denmark, Finland, UK, Hungary, Ireland, Iceland, Luxembourg, Netherlands, Norway and Sweden. CySEC Regulated, operating in full regulatory compliance with 12 regulatory agencies in total. The safest and most trusted Forex broker as of 2017 with enhance user investment tools, trading features, automated account management opportunities and around-the-clock customer support. FREE demo account available and all funds are insured by the ICF (Investors Compensation Fund). $250 minimum deposit. Invest.com Review.
Invest.com’s sister brand is called WebTrade.online. They offer the exact same service but are open to people from UAE, Bahrain, Kuwait, Malaysia, Oman, Qatar, South Africa, Singapore and Thailand.
We’ve also reviewed ZuluTrade (A very popular Forex and binary options social and copy trading online platform. FREE demo available.)
HotForex (EU-regulated Forex and CFDs),
Markets.com (EU-regulated Forex and CFDs)
IG (an EU-regulated Forex exchange)
Trade.com (EU-regulated Forex and CFDs)
BDSwiss (EU-regulated Forex, CFDs and binary options)
24Option (EU-regulated Forex, CFDs and binary options)
OXmarkets (EU-regulated Forex and binary options)
and MarketsYes (EU-regulated broker that offers both Forex, CFDs and binary options trading. Minimum deposit $250. Minimum trade $25. Demo available for depositors).
Let us know if you would like us to review any specific Forex brokers.
Now, that you have decided which broker you would like to register with, please make sure to read the section below to find a proven and accurate signal service or trading software.
List of Forex/CFD Brokers to Avoid
Best Forex Signal Software
One of the most popular ways to make money online through Forex investing would be to get started with an accurate and consistent trading software or signal service. However, finding a reliable system to trade online with Forex is not as easy as it seems. To be blunt, most systems are scams which is why we have taken the time to recommend only the best and tested services at the expense of our own dollar. All of the systems provided to you below are the best performing and highest trading systems and services and you will NOT find a better alternative.
We constantly roam the online market place and all corners of the Internet searching for systems that show promise. We have many contacts informing us about new, even secret launches. If the system or service seems legitimate then we will try it ourselves to verify the results before ever recommending it to one our subscribers and visitors.
Unfortunately, the number of scam signal services are increasing in population and aren’t showing any signs of slowing down anytime soon. Which is why we encourage you to check out our scam reviews blog to find out which services are scams. If you are curious about whether or not you can trust a system or signal service you run across on the Internet then don’t hesitate to Contact Us. We are here to help you and everyone in our community prosper and grow together!
Best Performing Signal Services
- $97 (No Broker Sign-Up Required)
- 7 to 15 trades per day
- 75% and higher success rates
- 100% money back guarantees
- Live investment room with seasoned traders and hundreds of other members
- Free Trial? Free Promotional Trial Every Monday!
Michael Freeman’s Secret Manual Signals Group on Facebook is one of the most successful and popular trading communities for binary option and Forex traders. Operating throughout all hours of the day, 5 days per week, this signals group has developed into the perfect starting point for newbie online day traders. With success rates averaging between 70 to 90% on a daily basis our signals group has become a great outlet for traders looking to take their investing to the next level.
Opening a Facebook account is free and your privacy is always secured. You could even consider opening an anonymous FB page but your privacy is of our utmost importance. Donations are not required to sign up with the group anymore, but it is a suggestion and a sign of good faith. Signals are available for Forex, binary options and Nadex. For more information, you’re invited to visit our Michael Freeman’s group page.