The temptation for new traders is to spend a lot of time researching which trading platform to use, or looking for the latest technology edge. But the reality is the new trader does not really know what they are going to need until they uncover their trading style. This means the new trader is much better to simply begin with the basics and focus on learning enough to get started with a minimum of risk.
This means that to begin all you need is:
Some basic Forex education
A on-line Forex trading platform with free charts
How to use your platform tutorials; and
A practice account that lets you place your first trades with “monopoly money”.
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