One of the first things that you will want to check is whether the broker has an online forex platform or not. I know that this sounds rather simplistic, but you would be surprised with the amount of brokers who have still not utilized the Internet in order to allow their customers to trade on the Forex market. It certainly is possible for you to pick up the phone and call your broker at any time and place the trade, but it is much more convenient if you are able to do so in real time by using their website.

Even if you do find a broker that gives you the opportunity to use their online platform, you would still want to check and make sure that the opposite is true. It is only if the broker is approachable and they have several different ways of contacting them that you should be comfortable with using them permanently. Not only should you be able to pick up the phone and call them whenever you have a question, they should be available through such means as email, online chat or perhaps through fax.

Different Forex brokers are going to target different segments of people as well. For example, some brokers will be all about people that are just starting on the Forex market and they will contain a number of different online tutorials within their platform that will walk them through every step of the process. Other brokers, however, may be more geared towards those who have been trading on the Forex market for a length of time. These are the ones that offer online tools that help you with advanced trading.

Personally, I like to have a mixture of almost everything that will be necessary at some point during my trading practices. Although I do like to have the tutorials that are available in order to get me used to the type of trading that they offer within the platform, I also like to have the advanced tools available as well. Even if I don’t use these at first, they will help me to grow with the platform and can keep me from having to switch to a different broker as my trading becomes more seasoned.

One thing that you need to understand about the Forex market is the fact that regardless of how much you want to trade, you are still going to need to go through a broker in order to access the market itself. This is something that many people tend to overlook, but it is one of the first things that you need to learn. By utilizing a broker, you will not only have their services available to you when necessary, you may at times be able to access the market in real-time through an online platform.

The type of platform that you choose is really going to determine exactly how much you are going to be putting down in order to try out the Forex market. By going with a mini Forex broker, you can usually get by with trading smaller amounts at any given time and you only need to fund the account with a minimal amount of money. This is what most of us are looking for whatever we first start out, and we will generally move up through the different types of accounts as we become more comfortable with the system.

The different platforms that offer mini accounts will often also offer a number of different types of accounts as well. It is just a way for them to get you as a customer, because they know that most people are not willing to start out with $1000 or more as a deposit. By offering a smaller deposit threshold, they can really get you interested in the Forex market, and it also gives you the opportunity to try out your hand at trading in this way. It is better if you start slow, as it is possible for you to lose money with this type of trading, much the same as it is possible in any other type of trading that you might do.

One thing that you may want to look for, even if you are going with a smaller account, is that the broker is going to have plenty of online tutorials which will walk you through the process. It is important for you to become comfortable with trading, and this is something that can help you to do so.

Below are a few that I consider to be the most important when choosing a Forex broker:

First of all, there are some very basic things that you should do in order to make your decision as far as your Forex broker is concerned. The most basic of these is what do other people have to say about them? This is not only people that you may be familiar with who have a Forex broker but there are also plenty of reviews that are available on the Internet. Believe me, people will be very quick to tell you whether they are
happy with the broker that they used or not.

Along with that, you should look into some protection for yourself whenever you are choosing your Forex broker. For example, is the broker regulated and if they are, what organization are they registered with? What were to happen if fraud should become a problem, would you be covered? The same question could also be asked about bankruptcy and although it is something that rarely happens, it is still something that you should be prepared for.

Within the Forex system, there are several things that you should be concerned about as well. These include such things as the spread, slippage, margins and commissions. All of these are things that are going to affect your ability to trade within the Forex market with a broker. If one of them happens to be a little out of line, it can make a real difference in how much money you are making per trade, considering the fact that most Forex trades are not made for large profits.

One of the main things that I always look for whenever it comes to choosing a Forex broker is what platform are they using. There are plenty of different trading platforms that are available but to be perfectly honest, some of them aren’t even worth looking at. I want to make sure that the platform is not only easy to use and fast but that it also contains enough information that it will be helpful to somebody with my experience. You
can gauge a platform in this way as well.

There are several other things that you should take into consideration as well.

- How much is the minimum balance and what trade size is allowable within the system?

- If you tend to keep a lot of money in your account, is it possible to earn interest on it?

These are some of the questions that you should be asking yourself and your Forex broker before you sign on the dotted line.

There are hundreds of these platforms on the Internet but we have narrowed these down to the most popular and talked about services and trading platforms.

Rank	Broker	Overall Rating	Min Deposit	Action
1	FREE DEMO		$200	Visit Official Site
2	FREE DEMO		$100	Visit Official Site
3	FREE DEMO		$50	Visit Official Site
4	FREE DEMO		$100	Visit Official Site
5	FREE DEMO		$100	Visit Official Site
6	FREE DEMO		$50,000	Visit Official Site
7	FREE DEMO		$25	Visit Official Site
8	FREE DEMO		$25	Visit Official Site
9	FREE DEMO		$250	Visit Official Site
10	FREE DEMO		$250	Visit Official Site
11	FREE DEMO		$100	Visit Official Site
12	FREE DEMO		$1	Visit Official Site