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Entries from October 6th, 2009

Forex Trading for Newbies 3 – Choosing an Online Forex Broker

by Elliott Wave Forex · October 6th, 2009 · Forex For Newbies · No Comments

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This is the third article in our series of Forex for Newbies.

(To get maximum benefit from our `newbie` articles we recommend you read them in the correct order: to read first article click here and the second article click here).

Once you have familiarised yourself with the Elliott Wave Principle (article 1), and with the basic jargon and concepts of trading Forex (article 2), you will be ready to open a demo account, which is what this article is about.

It really does not matter who you open the demo account with because you will be trading with `fake` money. The main purpose is to use the demo accounts for practice, practice, practice. As you will see there are some major online forex companies and many minor ones and at this point in your forex education it`s a good idea to go ahead browse through the websites of all the major online forex companies to get an overview of what they provide.

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