₦airaland Forum

please this is going to our Forex profs. of Nairaland please i am new to Forex been learning it for about 4 weeks now and i am ready to give it a trial... but i want advice on good brokers i could start with..

i don't have a huge capital to start up with..and i would also want to start a with a demo account.. to practice what i have been learning (i plan to start with at least 100USD to train my self.. because i feel i would be more focus if my money is involved..

and lastly i really do need a mentor....

please do reply i need ur helps

you can start with Alpari as they offer Nano Account which us usually in cents. So with your $100 start-up capital that will be $10,000Cents.
Note: Always apply money management skills by using the lot size to your advantage.

emeviks:
you can start with Alpari as they offer Nano Account which us usually in cents. So with your $100 start-up capital that will be $10,000Cents.
Note: Always apply money management skills by using the lot size to your advantage.

Alpari - ok please is it a mini account or a Standard or Micro..

by using the lot size to your advantage how do i do dat

its called a nano account in cents.. go to www.alpari.com
as regards the lot size, you only trade with 2% to 5% of your trading account to minimise your losses.. MONEY MANAGEMENT!

emeviks:
its called a nano account in cents.. go to www.alpari.com
as regards the lot size, you only trade with 2% to 5% of your trading account to minimise your losses.. MONEY MANAGEMENT!

thank you

My advice to you, you will lose that money in no time. You need more practice.Even a year is not enough for demo trading.

keNAustinBros:
My advice to you, you will lose that money in no time. You need more practice.Even a year is not enough for demo trading.

so your advice is what..

is it to avoid going live into the market after learning..

or to get scared of loosing my money

garripack:
how reputable are they and have you withdrawn your profit from them

their source of payment..

their strength of leverage

etc

They are okay and also have representatives in Nigeria. Also their leverage is a maximum of 500:1.

You can withdraw the bonus after two months.

Glock9:
They are okay and also have representatives in Nigeria. Also their leverage is a maximum of 500:1.

You can withdraw the bonus after two months.

What is their financial strength and how long have they been in the industry

Also I want to know if fxcm have a branch in Lagos and any broker with Standard account but do not operate minimum deposit

@ op I thanks for.the topic

kensandrea:
What is their financial strength and how long have they been in the industry

Also I want to know if fxcm have a branch in Lagos and any broker with Standard account but do not operate minimum deposit

@ op I thanks for.the topic

yea sure Fxcm and also Forex.com

Glock9:
They are okay and also have representatives in Nigeria. Also their leverage is a maximum of 500:1.

You can withdraw the bonus after two months.

that's cool

garripack:
please this is going to our Forex profs. of Nairaland please i am new to Forex been learning it for about 4 weeks now and i am ready to give it a trial... but i want advice on good brokers i could start with..

i don't have a huge capital to start up with..and i would also want to start a with a demo account.. to practice what i have been learning (i plan to start with at least 100USD to train my self.. because i feel i would be more focus if my money is involved..

and lastly i really do need a mentor....

please do reply i need ur helps

I am begging you, please stay away from forex trade.