What Makes a Broker Good for Beginners?
For beginners, the priority isn't just low spreads, but usability, education, and support. A great broker for beginners offers an intuitive platform, a low minimum deposit to start small, comprehensive educational resources (courses, webinars), and a demo account to practice risk-free.
How much money do I need to start?
You can start with as little as $10 or even $1 with some brokers (like Cent accounts). However, a deposit of $100-$200 is often recommended to have enough margin for proper risk management.
Comparison
Compare brokers feature by feature.
| Broker | ||
|---|---|---|
| RoboForex | From 1.3 pips | $0 |
| BlackBull Markets | From 0.8 pips | $0 |
| StarTrader | From 1.3 pips | $0 |
| Forex.com | From 1.0 pips | $0 |
| Vantage Markets | From 1.0 pips | $0 |
| Moneta Markets | From 1.0 pips | $0 |
| Pepperstone | From 1.0 pips | $0 |
| IC Markets | From 0.0 pips | $3.50/lot |
| FBS | From 0.7 pips | $0 |
| VT Markets | From 0.0 pips | $3/lot |
Detailed Broker Analysis
Beginner Friendly
StarTrader offers a welcoming environment for beginners with 24/7 support and copy trading, allowing new traders to learn from experienced investors.
Great Education
Forex.com is a market leader with an extensive education library and a highly intuitive proprietary web platform, perfect for US and global traders.
Easy App
Vantage Markets combines a user-friendly app with significant educational resources, helping beginners transition from demo trading to live markets.
Cent Accounts
RoboForex is famous for its Cent accounts, which allow beginners to trade with pennies (real money but nano risk), ideal for learning psychology.
Trading Signals
Moneta Markets makes onboarding incredibly fast and offers daily trading signals that can help beginners understand market movements.
Top choice for Forex Brokers For Beginners.
BlackBull Markets is a reputable broker offering excellent trading conditions for Forex Brokers For Beginners traders, with a focus on low costs and reliability.
Top choice for Forex Brokers For Beginners.
Pepperstone is a reputable broker offering excellent trading conditions for Forex Brokers For Beginners traders, with a focus on low costs and reliability.
Top choice for Forex Brokers For Beginners.
IC Markets is a reputable broker offering excellent trading conditions for Forex Brokers For Beginners traders, with a focus on low costs and reliability.
Top choice for Forex Brokers For Beginners.
FBS is a reputable broker offering excellent trading conditions for Forex Brokers For Beginners traders, with a focus on low costs and reliability.
Top choice for Forex Brokers For Beginners.
VT Markets is a reputable broker offering excellent trading conditions for Forex Brokers For Beginners traders, with a focus on low costs and reliability.
Frequently Asked Questions
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January 2026













