How do I choose my FOREX broker

There are so many Forex brokers and services out there, that it is quite overwhelming to try and choose one.
The trick is to understand what is most important to you while trading, and then to find the broker that best matches your demands.

Your demands are probably comprise of several factors, financial, technological and even psychological, feeling you must trust the broker you choose to deal with.
To help lay out all these factors we generated our comparison table, which includes, what are in our opinion, the key questions you have to ask when choosing a broker. More importantly, this table supplies the answers.

We bring to the table our own experience with these brokers, making it possible for us to say how easy their systems are to use, what was needed from us to open an account, what we were offered back in return, how satisfied we were from their customer support, and how serious a company they actually are. 

Once you feel that your main demands have been answered, and you are able to narrow down your choice to 2 or 3 brokers from the list, you should go on to reading the full reviews of our experience with them. The reviews will tell you more about WHAT these brokers have to offer and HOW they offer it to you.

Another powerful tool is reading what other traders have to say about their experiences. Always check out their opinions in our forum discussion rooms, and feel free to ask questions you feel you do not have answers to yet.

To help narrow down the selection, we prepared the list of our featured sites. Again, this is based on our own experience with these brokers, and these are the brokers we feel we can recommend to others to choose.

While this site is based on our own experience, we realize that at times others may encounter different experiences with the same brokers or service providers. If your experience was different than ours, please share it with us, so we can go on sharing objective information with all our users.

Good luck, and good profits!

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DailyForex.com is the most comprehensive, yet easy to use online Forex guide. It reviews and rates the Forex Market including FOREX Brokers, Forex Courses, Signal providers and more.