The Musings of Faith

Hello @Faithmight,
My name is Yonatan, I am at the very beginning of what would hopefully become a trading career (10 months of demo trading and studying the charts and the markets).
I follow you at Stocktwits and at Stocktwits FX and I find your posts invaluable.
A while ago you shared some of your Finding-a-New-Broker trials on the Forex stream.
These days I am doing my Brokers research but I find it really hard to tell who is really reliable. Therefore I hope you will not find it inappropriate if I will ask for your recommendation.

Thanks
Yonatan Lev-el
yon.level at gmail.com

Anonymous

Hello Yonatan! Thank you so much for your kind words! I am really happy to hear that my articles and tweets are of value to you.

If you have been following me, then you know that I do not like to make broker recommendations. Your choice of broker completely depends on your trading style. Different styles will need different characteristics from the broker in order to be optimally successful. I believe it is up to the individual trader to make that decision.

However, with that said, I know that researching and looking for a good broker is a daunting task. So my advice to you is,

  1. Figure out the criteria you need from your broker so you can be successful with your trading style.
  2. Start your search with this list of brokers.
  3. Check out their website. If you like the broker, download the demo and see how you trade using their platform.
  4. If you like the platform, trade with that broker until you are ready to open an account.

Best of luck to you and your trading! If you want to trade as a career, keep trading and keep learning!




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