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Since brokers based in Cyprus pay less tax so they can offer greater things for trader.

There are a lot of well-known brokers based in Cyprus like FxPro, HotForex, FxNet,.... I have seen a lot of traders stick with those.

This is really a good payment processor. I have used Paypal before getting to hotforex, then because hotforex doesn't support pp. I have to try using Skrill and then I see it better than PP a lot. Now I am using Skrill for my payments,

Facebook and some local forums, I am lazy to read English news. There some brokers update daily news everyday with trading signal. That's so good.

Stay away from a big bonus promotion, that should be scam. Just stick with popular regulated brokers, STP/ECN NDD brokers.

That's a good news.

It's long time I verified my ID in Paypal. I remember I uploaded to PP my ID card (2 faces) and my bill statement. It takes about a week to verify my ID. After verifying, I can withdraw by myself, no need to transfer to another person.

MB is my best payment processor. I am trading with hotforex and it support a lot of payment methods but the account manager advised me to use MB for funding and withdraw. It is very fast in withdrawal. I like it.

Should try STP/ECN NDD regulated brokers. Those are fair and rarely do anything bad for your balance. or visit forex-ratings.com to get some choice.

That's one of hotforex advantages but I think we should improve our trading skill than thinking about rebate in trading.

^ There are 100 + broker in Cyprus even though it's very small country. Since financial company doesn't need to pay tax (free tax) in Cyprus so a ton company locate there. I know some good brokers there as hotforex, fxpro, fxnet

haha, Forex is monsters and always prepares to eat your money. Stay away from it if possible :) But if you want to be a warrior and fight with Forex, no problem.

It depends on the trader, of course if you see Forex is your career, Forex is the way to earn money, even a lot of money. But please notice, most of traders fail in trading, so Forex is not an easy way. It's just a way :)

Demo trading is very good for new trader since you can learn a lot without money. I don't think demo trading could be bored, even I couldn't earn anything but when I see the positive profit, I'm so happy with it. Also, when you think and research the movement of market and apply to get profit...