Do i need a broker to invest money in Forex?

April 12, 2010 6 Comments

michael asked:


Can i invest directly opnening an account or do i need to broker such as FENEXO, etoro etc to invest in forex?

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6 Responses to “Do i need a broker to invest money in Forex?”

  1. William April 15, 2010 at 1:16 am

    I would recommend interactive brokers, allows you to trade easily.

  2. The Geek April 15, 2010 at 11:55 am

    Hi there, i personally use IBFX and i think they are ok. Most importantly choose one that is reputable and regulated.

    You can read up on this in an article i write at my forex blog.

    All the best buddy !

  3. Abril April 18, 2010 at 7:29 pm

    Hey michael

    There are many good forex brokers, i would not like to say any name of them, but you can search in Google search engine also, take help of Google, so that you can find some gud brokers.

    All d best!

  4. Alter April 20, 2010 at 1:26 am

    hi
    we need broker to trade forex markets.here some good brokers list

  5. doh82smrt April 20, 2010 at 9:53 am

    I opened a demo account with this site: That way I could practice Forex trading without actually having to deposit any real money. It might be a good idea to try the software first so you can see if this is something you want to pursue.

  6. Sofia April 21, 2010 at 5:53 pm

    Hi,
    It is possible to make trades on your own without brokers that is through SIP and opening an De-mat account for making trades. But this can work if you have enough of trading experience and aware of the risks involved in the market.
    There are some brokers also that provides reliable trading services and you can invest through these brokers also. Like, and for any trading assistance.