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5 Best Forex Brokers For Beginners
Posted by Thandiubani on Fri 10th Jun, 2022 - tori.ngAvaTrade is a highly regulated market maker that provides trading on a variety of assets, and is one of the best Forex Brokers for Kenyans.
$3.76 commission per lot per trade
Beginner-friendly Forex brokers provide assistance to their customers. Brokers who have a good reputation can help you verify your account, set up and configure a new trading platform, and provide educational resources. This way, the trader is in the best position to recognize and seize upon profitable trades.
1). AvaTrade
Overview
AvaTrade is a highly regulated market maker that provides trading on a variety of assets, and is one of the best Forex Brokers for Kenyans.
AvaTrade offers one of the most user-friendly and forward-thinking trading environments for novice investors, thanks to its support for all of the top trading platforms, such as MT4 and MT5, as well as its own app, AvatradeGO, which has won multiple industry awards.
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2). FXTM
Overview
In addition to MT4 and MT5 platforms, FXTM is a well-regulated market maker/ECN broker that provides a wide range of account options as one of the best Kenya Forex Brokers.
To help novice CFD traders, FXTM offers a strong copy-trading technique that can be a great help. FXTM Invest allows traders to imitate the trades of more experienced traders, known as Strategy Managers, in order to access trading opportunities without the technical know-how they need.
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3). XM
Overview
Some of the best instructional and market analytical products may be found at XM. Multi-asset trading on several asset classes is offered by XM, an established market maker that is regulated by the Financial Conduct Authority and the Securities and Exchange Commission.
Both the MT4 and MT5 platforms offer four live accounts for traders to choose from.
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4). Exness
Overview
On the MT4 and MT5 trading platforms, Exness is a market maker that provides market and execution accounts. Exness offers some of the greatest trading conditions in the business, including a free Cent Account for new traders.
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5). Pepperstone
Overview
Beginners can get a head start on their trading careers with the help of Pepperstone's wealth of educational resources.
Free trading guidelines, articles on how to trade Forex and CFDs, and other courses and videos are all part of the company's instructional offerings. It holds regular webinars and archives of prior webinars are available for free on its website.
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5 Best Forex Brokers for beginners
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