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Author Topic: what is the best forex company for small trader?  (Read 108 times)
moha

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« on: April 09, 1999, 02:42:00 PM »

im a so small traer (200-300 $) and i need a trustful company that i can trade with ??thanks for advance .
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DennisD

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« Reply #1 on: May 28, 1999, 12:37:12 PM »

I would suggest Marketiva. It gives you $5 free to start trading. It's a very reliable broker; I have withdrawn from them 26 times.you can sign up here:http://www.marketiva.com/?gid=27259
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Brian

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« Reply #2 on: July 16, 1999, 10:32:24 AM »

If you are looking at 200-300 dollars, the best bet is to go with a micro account.  I recently saw a new micro account from fxcm at www.forexmicrolot.com, which lets you start off small.  I personally haven't tried it yet, so I do not know what its like. A micro lot trades in units of 1000.  So for a 1% margin, you can buy/sell one lot for $10.  A mini lot trades in units of 10,000.  So in order to buy/sell one lot at 1% margin, you will need to put up $100.  This is clearly too much if you have only 200-300 dollars.  Try your luck out with micro lot.  It's always smart to start small, then slowly build up your bank roll.  Don't try to go for the home run right away as that is the fastest way to go bankrupt. Good luck!
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Bio-SYNERGY

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« Reply #3 on: September 03, 1999, 08:27:36 AM »

I'm a big fan of Alpari US.IBFX is also good, but Alpari US seems more reliable and fair in my opinion.IBFX does offer more options for the small trader, though.
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