Can any one tell me about the best brokers.Suggest 3-4 names, how are FXCM, Oanda, Avafx, and Saxobank? Who is best among them?

How is AvaFx?? I have heard that there is a promotional offer on opening an account with $200, $100 will be credited in to your account, need just to send AVAQZ12 to the account rep. One more offer I've heard about is that FXCM is giving free $50 to open FXCM micro forex trading account, but I am a bit confused whom to go with, can anyone suggest me???

I guess, if you are looking for 3-4 names I would say FXCM, eToro, Avafx and ForexYard... but that's just me.

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I've found good explanation how to select the right metatrader 4 brokerage firm. I think, this info would be interesting for all forex traders. I use sсalping strategies and I had to change a lot of brokers before I found this information. See iticsoftware.com or BJF Trading Group.
(How to select right FOREX brokerage firm for you strategy: scalping, hedging etc.)

Broco Investor fits scalpers the best

I have chosen AvaFx. I have practiced a lot in its demo accounts its very simple and easy, trading live has become quite easy for me as I am not very new in the field of forex.

Thanx for the link. I want to gather as much as I can. Even my broker allows scalping.

Nothing here to qualify your statement I'm afraid. Tell us why you are happy with them? (Going by your avatar we should expect a possible biased comment)

Regarding scalping and hedging, I boiled it down to 2 Swiss brokers, Dukascopy and AC-Markets. As I did not have the required $50,000 capital at the time, I had to forget Dukascopy. With AC-Markets, execution remains fast when you scalp, also important is that stop orders like trailing ones can be set as close as double the pip spread.
When doing my due diligence bad things I remember are that HY Markets only had a 3 click execution, that killed the scalping off, MIG told me outright it was forbidden to scalp and they would only allow you to use trailing stops with a minimum profit of 15 pips. GFT charge a "fine" for 60 days inactivity, Dukascopy said that if you have 500 $ and you do not trade and do not add money then they have rights to close your account. Forex.com said "no" to scalping.
For someone starting, FXSol looks not bad, they allow scalping (No hedging...US based) only $250 to open and they offer a choice of 5 different leverage!
For those interested in Metatrader, AC-Markets is about to launch their version of the MT4.

I like very much ACM also. I read many good thing of awards from this broker.

All of us start forex trading with the hope of making lot of money. Many of us like the idea of trading currency online to gain huge returns on our investment. The advertisements and articles we come across on websites online make this sound almost inevitable.

1 – Trust & Experience

2 – Seek References

3 – Margin & Leverage

4 – Quick Response Time

5 – Find Them Online