Question by Christian44: What is the cheapest forex broker out there?
I would like to know about forex brokers that offer low balance accounts. Do you have any recommendations? What about forex research? What are all the important events or meetings that affect the forex market?
Answer by Common Sense
Here’s the problem;
There are many low balance Forex brokers out there…. the lower the balance requirement, the larger the spreads are. The higher spreads significantly reduce your chances of being profitable.
The last part of your question tells me you’re 6-12 months away from being ready to open an FX account. You need to buy 6 or more books on trading, Forex Trading & risk management.
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