Online Brokers
Easy Forex is an online Forex trading platform that boasts an easy to use website for their trading interface, eliminating the need to download in-house software. As a web-based platform, Easy Forex can be accessed from any computer with a fast enough internet connection, which basically means trading from just about anywhere at any time (lunch breaks at work, anyone?).
A very low margin means clients can start trading with as little as $100 (although the effectiveness of starting this low is debatable, it’s a good way to get your feet wet in Forex trading) and they allow deposits and withdrawals by paypal or credit card.
Easy Forex offers live training in using their system by a real person who will contact you once you sign up on the site, and accounts can be customized to suit the individuals needs based on their trading style and frequency of trades. Live one-on-one contact is available for further training and technical support too, which is a great feature.
They offer competitive spreads, a Stop-Loss feature (to automatically stop your trades should your balance fall below a set threshold) and a unique ‘Freeze Rate’ Trading feature, which will supposedly freeze the rate you are getting on a trade for a set period of time, in order for you to make the decision whether or not you want to accept the trade.
Of the online brokers we’ve checked out, Easy Forex seems to be very competitive and has good features for those starting out, and flexibility for the experienced trader. Click here to check them out.
When signing up, if it’s your first time trading, remember the Forex Info mantra: Practice on a demo account and read up big time before you start risking your own dough. Oh, and have fun!
Update: Here's a free ebook from Easy Forex you guys can check out. Click here to read the Easy Forex Ebook
Systems
For those of you who absolutely must have some sort of system to back them up, or who don’t have the time for months of reading and research and practicing (although, as always, we do highly recommend you do as much of these as possible) We’ve hand picked a couple of products that do seem to have good testimonials, and that won’t break the bank either (none of the make a million in 2 weeks, just pay $5000 here, thankfully!)
Forex Killer – If you’ve done a decent amount of searching on the internet for Forex info, you’ve no doubt come across Forex Killer. Part of their system is doing away with the ‘gambling’ mindset of Forex Trading which is a definite plus, and they claim the system can be proven by testing it out on demo accounts before you go into ‘real life’ trading, so that’s another feather in their cap. They also have a good range of materials with CDs, DVDs and manuals, as well as membership on their website and forum as part of the deal. Click here to see their sales page.
5 EMAs Forex System – They’re not claiming to make you a million bucks in a few weeks (they do say it can be done in 24 months, which is a bit dubious but take it as you will) but a good backup of testimonials and documented results is showing many have had a measure of success with this system. A good range of products too for your dollar, plus a special offer at the moment where you get a good swag of ebooks as a special bonus, including some gems (such as Trend Forcasting with Technical Analysis) and some slightly, er, left-of-center (such as Sun Tzu’s Art of War, which we guess could be beneficial for getting in the right mindset for making some aggressive trades!). A good satisfaction guarantee on this one too, you can try it for up to 2 months and return it for a full refund if it doesn’t work out. Click here to check it out.
