iwenwcren wrote:

Hello all.

I am a newbie in forex. I am currently looking for some reliable online brokers and so far I have found these three -

http://www.mffx.com
http://www.forexwebtrader.com
http://www.fxopen.com

It will be very much appreciated if anyone can tell me about their trade commission as well as reliability.

Thank you very much.

Regards.

Hi,

Mffx: Never heard of these guys, on their website there's a London address, but they're not even regulated by the FSA (UK's regulatory body)! When I called them, I got the receptionist of the building where they have an office but I couldn't even get through to them as the line was "busy". I would never trust my money with a broker that I can't even reach by phone. What do you do, when your web connection suddenly dies and you want to close an order by phone?!

ForexWebTrader: Those guys merged with Finexo in October 2011, and Finexo is actually featured in our broker comparison page. They're a good broker but as you can see, their spreads are just average at best. Click here for a Finexo brokerage review. 

FxOpen: A great broker. Haven't heard anything bad about them. Their spreads are better than Finexo/ForexWebTrader's and they match Mffx's.

Out of those 3, I'd go with FxOpen.

Hi, there, I am also a fresh trader, could anybody give me a useful links about the forex trading? Thanks.