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It is better for all of those who are looking for a broker should shortlist a few reputed brokers like hotforex, fxcm, xm, exness, lmfx etc and practice their demo accounts first before finalizing the righteous broker.

Actually the new traders should not go to live trading account directly, better to trade a demo account which comes up with free virtual money so if you loose money you will not loose anything but gain experience.

Good point to be noted, always doing some own research will not let anyone regret in future.

Seems like some bots posting advertisements of bucketshop.. :) The post does not even relevant to the topic..!

Trading from mobile sometimes double the trouble too however we should learn trading on every platform so we should not miss any profit earning opportunity either sitting on a computer or through mobile.

FCA is UK based and it is the most reputed authority world wide.

I guess the spreads on major pairs are almost plus minus same offered by every broker because these major pairs comes up with good liquidity. Higher spreads are there on exotic pairs where liquidity and volatility is low and the risks are high.

All of the withdrawals are automated and moreover they have a live support in your account if you notice.

There were many past examples of regulated brokers turning in to bad, so trust at your own self not at the broker. Withdraw your profits as they are realised and try to diversify your portfolio is my best suggestion to every trader.

Yes that is good because mastering one pair is good rather than becoming a jack of all trades, we should pick one and do the right rather than choosing too many pairs at the same time and loosing instead of making more money.

I guess those who knew how to double their money through forex trading can trade without availing such bonuses while other looses even after availing these so far trading bonuses.

FPA credibility has no doubts however broker selection means do your own research.

Try London session because it is really very liquid and every one can grab the opportunity to make around 20 - 25 pips in it for sure if they know how to make it right.

This is yet another good news i believe .. !

I see this is a great piece of advise however opening a demo account and practicing it does not involves any breach of contract though for the sake of safe side, why not going through the terms and conditions.. BTW did you have had gone through the terms and conditions of any broker as yet!

If its a trap then there is always another good option to go with the broker without availing such bonuses in my opinion.

Start with shortlisting reputed brokers and trading their demo accounts in order to know what are their processes. Once a broker is finalised, go with small amount to further test their processes like withdraw.

I think it might be a wonderful result to this broker's efforts, it really show that they are improving every day.

Yeah indeed, there are a lot of learning stuff available online and most importantly forums can be the best way to improve your learning and getting answered for any of your queries or confusions.

Own knowledge always comes up by learning and practicing at one's own pace. Demo account can be a good resource to test the broker for selection as well as it can be the biggest asset for any successful trader. So those who wishes to become successful in future should not ignore the importance...