What is the best broker for trading on Forex or the stock exchange, suitable for any trader

Surprisingly, novice traders spend the most time searching for the answer to the question “Which broker is the best?”

Everyone is afraid of making a mistake in their choice, fearing that the brokerage company will start working against them; besides, comfortable trading conditions are not the last aspect.

I am also often asked by email which broker is best for a beginner and who I would personally recommend.

In order not to answer each letter separately, I will try to answer this question in this article.

First of all, it should be noted that searching for a brokerage company exclusively for a beginner is a mistake; it is advisable to immediately find a broker with whom you can work on an ongoing basis.

Because you won't really want to change anything in six months, even if the company no longer meets your requirements, and breaking a habit is quite difficult.

What criteria should a broker meet for a beginner and beyond?

First of all, it should be a reliable company with a good reputation that has been in business for many years.

Next, you should pay attention to the following parameters:

No deposit bonus available – most newbies lose their deposits, so why lose your money if you can try trading with a bonus?

Having a cent account is also an important consideration, as despite the widespread availability of demo accounts, trading on a cent account offers a slightly different experience, and the potential for losses is minimal.

No trading restrictions – meaning there should be no minimum trade duration, restrictions on the use of expert advisors, or other strategies. You may not yet know which trading strategy will be your primary one.

A convenient deposit option —and, accordingly, withdrawal options—is also a convenient option. This small detail actually creates some inconvenience; the more options, the better. Popular deposit options .

Trading platform – it is desirable that the broker provides the opportunity through MetaTrader 4 and 5 versions, since it is easiest for a beginner to start trading using these programs.

PRO accounts – or, in other words, accounts with enhanced trading conditions. These accounts typically have high minimum deposit requirements, but the trading conditions are significantly better.

Well, that's probably all the criteria that the best broker for a newbie on the stock exchange should meet.

I was lucky with my choice at the time, because my first broker remained my main one, with whom I continue to work for more than 10 years.

This is the RoboForex brokerage company - www.roboforex.org

The company has been around since 2009. New clients receive a $30 no-deposit bonus. Several account types are available, including cent and pro accounts. Deposits and withdrawals are available in 20 different ways, including cryptocurrency.

Five trading platforms are used for trading, including the recommended MetaTrader 4 and 5.
Overall, I can say I'm more than satisfied with the broker; after 10 years of trading, I've only had positive experiences.