Dealing center for beginners.

Choosing your first DC is quite important when starting out in Forex trading. What key features and characteristics should a brokerage company have to meet all the requirements of a novice trader?

It turns out there are quite a few such requirements, some of which are quite specific and less relevant for experienced professionals.

Below, I'll not only list the necessary characteristics but also provide examples of some suitable DCs.

• Technical support is one of the most important points, many large forex brokers are reluctant to communicate with traders who have less than $ 1,000 in their accounts. There is some division into more and less valuable clients.

Do not forget to immediately clarify this issue in support or on the forum.

• The presence of a cent account is simply a must, only on it you can most effectively test your assumptions and theories.

• Low initial deposit - risking large sums at once does not make sense, it is clear that you will not be replenished with several thousand dollars, therefore the broker's minimum deposit should not exceed the amount of funds at your disposal.

• Convenient replenishment method - you have not yet really decided whether or not you will trade on forex, and you do not want to waste time opening e-wallets, check which payment systems the broker you like works with.

• Trading terminal - it is best to start with MetaTrader 4, and then use alternative options.

Suitable options:

Forex4you is a well-known company in the forex market, offering both cent accounts and accounts for professional trading, as well as many other advantages.

RoboForex is a leader in innovation, with a wide selection of account options, excellent technical support, bonuses, and promotions.

InstaForex is an interesting option with some caveats: micro accounts, extensive training information, and market analytics.

You can also choose the right option by reviewing the list of Forex brokers .