This is an extract from an article on Brokersguru.

When a beginner trader decides to invest a small portion of his savings in a highly speculative activity such as the forex, it becomes essential to carefully choose and evaluate the broker to trade with and that is going to take charge of his money on a forex account.

So, what are the parameters that every beginner trader should consider in order to choose the broker that best suits his needs.

First of all, we should create a list of brokers simply via a single search on the internet. Some websites already offer some summary news that allows an initial screening of the list based on the needs of the future trader.

After defining a more restricted list of potential competitors, the trader will have to directly view the website of the broker, not only checking the formal aspect but deeply verifying it concerning the quality and information offered by the website.

After viewing…