The Top Three Forex Brokerage Firms for Day Traders
With the growth of the internet, dozens of successful and well reviewed Forex brokers have emerged. While each and every firm offers the same types of services, a select few have made a name for themselves and stand out among their peers. These brokers have dedicated themselves to day traders and personal investors. While Forex was once the domain of major banking firms and large multinational corporations, these providers have forged their success through catering to smaller traders, and should be considered first by any new investor.
The best reviewed of the top three brokerage firms is ForexYard. ForexYard is known for accepting low minimum deposits, as well as providing extensive automation tools and scheduling alerts. ForexYard understands that smaller investments are not worth as much of the investor’s personal time, and has developed the tools to cater for this. In addition, they offer the trading of gold, silver, crude oil, and other commodities.
Etoro is another excellent broker for beginners. Etoro offers in depth tutorials and coaching for beginning traders, with less automation than ForexYard. With an even smaller minimum deposit required, Etoro is arguably the best choice for the beginning trader interested in personally managing their portfolio.
Finexo is the third ranked service for beginning traders and personal investors. With one of the lowest minimum deposits and a wide variety of accepted payment options, it is one of the most accessible. Free practice accounts and other amenities make Finexo an excellent beginner’s pick as well.