Which broker is best in Forex Market?

Lesson No 5

Mostly friends ask that which broker is best for forex trading, really very important question it is.  If you can't find a good broker you will face very hardships in your forex trading.  You must have to search for good trader who have following qualities / characteristics:

1. Lowest Spread
2. Maximum number of currency pairs
3. Easy methods to deposit and withdraw money
4. If you are religious and want swap free account then also search for a broker who offers swap free accounts
5. Who offers minimum deposit
6. Who offers bonuses for different programmes, like referral bonuses, contest bonuses etc.

You may search on the internet and check the authenticity of the brokers and select who suites you most.  There may be some restriction like few brokers are not available in your country or region, few brokers will not offer you local currency deposit and withdrawal, so you should have to cater all these requirements before registering with any broker.

What I searched and come to the conclusion is that FX TM is top level broker who has very good rating in the forex market, you can search its rating it is on the top of the list in Forex Brokers.  Even it offers referral bonus both to the referrer as well as to the person who is signing up with referral link.  You can earn upto 50 $ bonus by signing up from the link given below.

SIGNUP FOR FOREX ACCOUNT

After signing up from this you will have to complete few steps like provision of your identity documents and deposit of minimum 10$ for activation of your bonus.  After all these steps are completed you will be able to start trading without any hassle.

Online Support:

Most of the forex brokers offer online chat support to their traders.  This feature is very good as you can discuss any problem with the live chat support agents.  I have contacted support agents of different brokers are all very responsive but few of them have lesser knowledge while few are very competent in their job.

FX TM also have its mobile application which can be downloaded from the following and you can trade even from you office or car without any laptop or pc.  So please download it and install to have easy of access.

FX TM MOBILE APP

How to Create Forex Trading Account - Practical

Lesson No 4

Friends today we will learn how to create a live / real account of MT4, MT5 platform.  So first of all you should download MT4, MT5 platform according to your operating system i.e Windows, Mac, Apple or android etc.  You can download the software from the link given below, click and download.

DOWNLOAD MT4 SOFTWARE

After download right click on the exe file and run as administrator.  In few seconds your software will be installed.  After Installation by default it will be opened on your window screen and its User Interface will be in front of you.  We will discuss user interface in some other class.

So, now we will start our today's topic how to create account on MT4 and MT5.  Click on file from main menu and then select "Open an Account" as shown in image one, it will take you to the next window as shown in image two.

Image 1

Image 2

Now search your broker, select it and press next button:

Image 3

On the next screen you will be asked to select your account type, either you want to open a demo account of a real account for trading. Select real account for trading and press next:

 Image 4

On the next screen you will be asked to provide your personal details please fill the details of press the button next as shown in the image below:

  

Image 5

Complete the process as per the images shown below:

Image 6

Image 7

 Also attach your identity documents as per image 6, complete details in image 7 and press Next.

Image 8

Fill out your experience in the given fields, accept the agreement and you are almost done, Click next to proceed to the final finishing step.

Image 9

On final screen your login details password and other details will be shown as shown in above image, remember all these information which i have entered in these fields are fake just to show you how to create a real account in real scenario.  You must enter your real details and must kept your login and traders password secret so that no body can spoil your account.

Image 10

Now you can login to your real trader account, but your account will be limited untill your identity if verified which you have provided with the identity documents.  Now you are to login to your brokers official website and to deposit funds to your account so that you can start trading.

But i will suggest all of my friends that please please, don't start trading with your real account untill you have experience with forex trading.  For getting experience and training you may start with a demo account which can also be opened with the same procedure but in just two steps i.e enter your email and other details on first screen and then press next, your account will be created.  Now start doing practice with your demo account so that you can have adequate experience in forex trading and can learn techniques to earn maximum revenue / profit from your forex trading.