Is it wise getting a forex broker?

[shaunna75]

When you are just starting in this kind of investment then it is wise to get a Forex broker because they provide traders with a trading platform or dealing station that allow them to buy and sell foreign currencies. They will also allow traders to use a practice demo account so that they can get a good understanding of what trading is all about. In choosing a broker, make sure that the broker has good reputation and someone you can trust because you would be working with them all the time.

 

[f-man]

When you are just starting in this kind of investment then it is wise to get a Forex broker because they provide traders with a trading platform or dealing station that allow them to buy and sell foreign currencies. They will also allow traders to use a practice demo account so that they can get a good understanding of what trading is all about. In choosing a broker, make sure that the broker has good reputation and someone you can trust because you would be working with them all the time.

A retail trader has no other option to trade Forex than with a broker. You need the leverage, the low spread, the platform etc.
If you have a few hundred thousand dollars on the other hand, you could deal directly with a bank.

 

[RahmanSL]

"A retail trader has no other option to trade Forex than with a broker. You need the leverage, the low spread, the platform etc...."

Sounds like you are describing my woman!

Can't live without her, and can't do without her!

 

[forextofx]

get a broker, but an honest one. I just read about cheating broker.. shame on them!