Best Forex Brokers for Beginners 2013
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When selecting the best forex brokers for beginning traders, we considered education for beginners, customer support, and platform ease of use.
- Custom strategy automation is available for FXCM customers
- Free demo accounts on any of FXCM's six trading platforms
- Free downloadable Forex trading guides
- Get 5% bonus (up to $5,000) on initial deposits when opening a new trading account.
- Alpari Academy offers industry leading tools, analysis, and market commentary
- Alpari PRO accounts boast extremley competitive transaction costs
GFT offers videos and webinars introducing traders to forex trading and walking them through the Dealbook 360 platform. They also offer free trading PDF's for anyone, even without an account. These free trading manuals range from beginner trading into the intermediate. GFT does an excellent job of covering the trading basics and doesn't leave beginners feeling stranded, however the community environment that FXCM offers seems to really help new traders grow their own strategies by way of collaboration and communal involvement.
The "Alpari Academy" is a good way for beginning traders to start learning about the forex market. Other useful Alpari education points are their glossary, economic calendar, and video tutorials. Their lack of community and webinars ranked them below FXCM & GFT.