Best Forex Brokers for Beginners 2011

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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.

FXCM

FXCM Review

Custom strategy automation is available for FXCM customers
Free demo accounts on any of FXCM's six trading platforms

Forex Trades*	Clearing Method*	Minimum Contract*	Minimum Deposit
$13.00	STP	Micro	$50.00

GFT

GFT Review

Free downloadable Forex trading guides
Get 5% bonus (up to $5,000) on initial deposits when opening a new trading account.

Forex Trades*	Clearing Method*	Minimum Contract*	Minimum Deposit
$11.00	Dealing Desk	Micro	$200.00

Alpari

Alpari Review

Alpari Academy offers industry leading tools, analysis, and market commentary
Alpari PRO accounts boast extremley competitive transaction costs

Forex Trades*	Clearing Method*	Minimum Contract*	Minimum Deposit
$9.60	Dealing Desk	Micro	$250.00

FXCM's dedication to assisting new traders is substantial. FXCM has entire portions of their website(s) dedicated to educating and assisting new traders. The company also offers webinars, trading courses, live trading rooms, and access to its forum.

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.