Did you know that many forex brokers offer extra resources and better trading conditions to intermediate traders? If you’ve been trading for a few months, it can sometimes help to switch providers and find a forex broker that better meets your current trading needs.
Broker | Features | Broker Review | Visit |
* 1:1000 leverage * 1200+ instruments * $5 min. deposit * CMA licence | |||
* 1:500 leverage * 1000+ instruments * $200 min. deposit * CMA licence | |||
* 1:400 leverage * CMA licence | |||
* 1:500 leverage * 10,000 instruments * $100 min. deposit * ASIC licence | |||
* 1:500 leverage * 80+ instruments * $200 min. deposit * ASIC licence | |||
* 1:1000 leverage * 200+ instruments * $1 min. deposit * CySEC licence | |||
* 1:2000 leverage * 250+ instruments * $50 min. deposit * CMA licence | |||
* 1:888 leverage * 1000+ instruments * $5 min. deposit * CySEC licence |
What’s Important For Forex Traders?
After you’ve been trading forex for a while, it’s time to start thinking about your next move. At this point in your trading career, you’re going to being working on improving your trading strategies and on increasing your long-term returns. To do this, you’re going to need to slightly better trading conditions and even better trading tools.
What Resources Do Intermediate Traders Need?
As an intermediate forex trader, you’re going to need better educational materials. By now you’ve covered all the beginners topics, and you’re looking for more advanced content. For example, you might want to spend your time focusing on specific types of technical analysis or on more advanced risk management strategies. As an immediate trader, you’re also going to want more indicators and EAs.
How To Choose The Best Forex Broker
- Trading Conditions – Intermediate traders could benefit from slightly better trading conditions. Look for forex brokers with a great choice of trading instruments. Look for forex brokers that also have you low commissions, tight spreads, and high leverage.
- Trading Tools – Intermediate traders could also benefit from more advanced trading tools. Look for a forex broker that provides EAs, chart indicators, and copy trading tools. Try to find one that also provides more detailed technical analysis and a steady stream of market news.
- Forex Education – Most forex brokers offer educational resources for beginners. Look for a forex broker that also provides access its traders with access to advanced trading courses, technical analysis webinars, and more specialist trading guides.