Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View

Lesson 10. Brokers and practice accounts

Your broker is a company, which provides the software and the infrastructure you need to make trades in the Forex market…

Your broker is a company, which provides the software and the infrastructure you need to make trades in the Forex market. As a reward for the services trader pays broker spread or commission.

When choosing a broker pay attention to the company’s goodwill, age, and regulation.

In addition, it’s important which trading conditions the company offers. In particular, compare the execution speed, spreads, swaps, and commission.

All brokers do offer practice demo accounts, which let you test out the forex market with virtual money using real market data.

Make sure that your broker offers MT4 or MT5, the advanced trading platforms designed for access to global financial markets.

Choose your payment system

Learn more