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Updated by ForexBinaryTrends on Dec 09, 2016
Headline for 5 Forex Traders to Consider when You’re Ready to Start Trading
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5 Forex Traders to Consider when You’re Ready to Start Trading

There are five popular brokers that you can use as your primary service or your secondary service. Make sure that you do your research before you do any business with any of them.

Source: http://forexbinarytrends.com/5-forex-traders-to-consider-when-youre-ready-to-start-trading/

1

ATC Brokers

ATC Brokers

When it comes to FOREX and futures markets, ATC Brokers may be your way to go.

The 1970s were well-known as the time of real flesh-and-blood brokers, telephones and clacker boards. For many traders, service was a huge deal, and ATC is regarded as having the best service seen in the industry.

2

MB Trading

MB Trading

MB Trading was once called EF Group, before it was acquired by MB. It’s a rather young but antagonistic FOREX broker. Like other platforms, there’s been some growing pains, but it appears their operations have finally gotten their acts together.

MN Navigator, its original in-house platform, was practically a disaster. However, the platform started using the commission-free MT4 ECN.

3

Interactive Brokers

Interactive Brokers

Interactive Brokers is a full-service brokerage platform that has an array of products pandering to both institutions and individuals. IB’s fame came from the universal account, allowing a trader to work with an array of investment vehicles.

An account can be used with any major currency, switching the currency at any point in time… for a minor fee. It opens up a new level to trading for experienced investors.

4

FOREX.com

FOREX.com

FOREX.com is part of Gain Capital, but is noted as being a smaller retail subsidiary. When compared to other broker platforms, FOREX.com’s forum appears to have a higher than average amount of complaints.

However, remember that you can’t please everybody. Forex.com only hires highly-skilled and experienced representatives.

5

PFG Best

PFG Best

PFG Best was once a commodity futures house that got into the FOREX business a little while back.

PFG nitpicks on compliance and details. You may find it taking you a little longer to get an account open than you would with other brokers, but their process is generally smooth. In 2010, a minimum open account was $2,500, and there was a 10,000 minimum lot size.

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