Topic: Best broker for mini accounts?

I am not one of this guy who can put a lot of money on fx, at least initially. Which is why I am looking for mini or micro accounts. have you experienced any of them ?

Re: Best broker for mini accounts?

Oanda (www.oanda.com) is the right broker for you.

Re: Best broker for mini accounts?

Hi guys,

Thx for the answers. Could you please give some more info ? What is your experience with these brokers, especially regarding micro accounts ? You know, reading their web site is not helpful at all smile, just the same crap about "we are number one" smile

Re: Best broker for mini accounts?

kevmorley wrote:

Hi guys,

Thx for the answers. Could you please give some more info ? What is your experience with these brokers, especially regarding micro accounts ? You know, reading their web site is not helpful at all smile, just the same crap about "we are number one" smile

The broker I?m using is Tradeview, the platform MT4 it has 3 different account options. About your doubt I know they offer mini accounts with the size of $2.500. I think is a good one but in fact I?ve not try with any other so if you want just check the web page and look for the advantages.

Re: Best broker for mini accounts?

I am using FXCM micro, started with $150 Already three months

Pros:
They have easy to use own platform with one click chart execution etc.
Platform is nice with midnight color scheme - does not kill your eyes.

Cons
Metatrader4 only for big accounts - micro accounts only with their platforrm
They do not have live chat support only support forum and it sucks

In general they are one of the biggest together with IBFX - I am now opening account with them because

They have instant live chat support
Their platform is Metatrader4 and you can use EA
You can start as low as FXCM micro

We will see how they behave.

About Oanda have seen complains about ripping off users by hitting their stops with non existing market moves and terrible tech support.

Re: Best broker for mini accounts?

You can open a mini account with Kerford Investments. I'm not having a mini account but a few of my friends have.

Re: Best broker for mini accounts?

I use WSD FX as they provide both micro and mini lots to trade with and also client segregated a/c's / I have seen good reviews of wsd online.

Re: Best broker for mini accounts?

I'm using United World Capital at the moment and am really satisfied with them smile Now they have a bonus program where i deposited $10 and got $25 as a bonus!!!!

Re: Best broker for mini accounts?

Choosing a broker is a tough job and need to research its legitimacy here, and in doing so one must get educated to understand Forex more and its complexities. There are lots of good resources out there to help. One of the best I have come across is makemoneycurrencytrading dot co dot uk as they run free webinars and training. And they run   live portfolio so you can actually see if their strategies are making profit live. They also send out a daily report each day with the trades.