What are the Best Brokers For Entry-Level Traders?
Evan Nanta
17 Nov 2022
432 views
There are at least three forex brokers that provide the best trading conditions for beginners, namely FBS, Exness, and InstaForex.
Some of the best brokers for entry-level traders are:
- FBS
Beginners only need to provide a minimum capital of $5 if they want to trade with this broker. Platform options are available via MT4 and MT5 which can be accessed on various types of devices. Trading education is not only facilitated through a demo account, but there are also scheduled webinars and seminars. - Exness
This forex broker allows novice traders to open an account with funds starting from just $10. Apart from that, there is a cent account available where the risks are so miniscule. It is very suitable for small cap traders or newcomers who want to start trading on a live account for the first time. - InstaForex
The minimum deposit is $1 and the maximum leverage is 1:1000. It supports at least 120 currency pairs and allows all trading strategies. More importantly, InstaForex provides unlimited demo accounts and trading courses that cover basic trading aspects.