Starting out in the world of forex trading can be overwhelming, especially with hundreds of brokers competing for your attention. For beginners, the right broker isn’t just about tight spreads or advanced platforms—it’s about education, ease of use, transparent pricing, and reliable support. This guide breaks down what are the best forex brokers for people new to forex, focusing on the features that matter most to beginners.

What New Traders Need From a Forex Broker

For newcomers, the ideal broker offers:

• A simple and intuitive platform
• Low trading costs to minimise risk
• Educational support and learning tools
• Demo accounts to practise without risking real money
• Strong regulation and fund protection

The goal is to make the learning process smooth and safe while gradually building trading skills.

Key Features to Look for as a Beginner

1. Low Minimum Deposit

Beginner-friendly brokers let you start small while exploring the platform.

Look for:

• Minimum deposits of $100 or less
• Micro or cent accounts to trade with low volume
• No high minimum trade size restrictions

This ensures you can practise with limited capital exposure.

2. User-Friendly Trading Platforms

A clean and intuitive interface helps you focus on learning rather than navigating.

Preferred platforms:

• MT4 or MT5 with beginner templates
• Proprietary platforms with built-in tutorials
• Mobile-friendly apps with simplified functionality

Avoid overly complex interfaces in your first few months of trading.

3. Demo Account with Realistic Market Conditions

A good demo account is essential for practice without financial risk.

Check for:

• Unlimited or extended expiry demo access
• Live market pricing and execution speeds
• Access to indicators, tools, and customisation

Use your demo account to test strategies, analyse charts, and build confidence.

4. Educational Resources and Learning Support

Top brokers invest in trader education as part of their beginner offerings.

Look for:

• Video tutorials, eBooks, and beginner articles
• Interactive courses and quizzes
• Weekly webinars and trading strategy sessions
• Glossaries and trading calculators

Structured learning helps accelerate your understanding of the forex market.

5. Regulated and Secure Trading Environment

Regulation provides peace of mind when you’re trusting a broker with your money.

Top regulators include:

• FCA (UK)
• ASIC (Australia)
• CySEC (Cyprus)
• CFTC/NFA (USA)

Also look for:

• Segregated client funds
• Negative balance protection
• Clear and transparent pricing

6. Responsive and Friendly Customer Support

As a new trader, you’ll likely need help getting started.

Strong support includes:

• Live chat with fast response
• Multilingual email and phone assistance
• Support available during trading hours
• Onboarding help and platform walkthroughs

Best Forex Brokers for Beginners

Based on ease of use, education, safety, and value, here are the best brokers for people new to forex:

Intertrader

Intertrader is FCA-regulated and known for its simple platform, clear pricing, and responsive UK-based support. It’s ideal for beginners who want a straightforward start.

Why It’s Good for Beginners:

• No-dealing-desk execution
• Simple platform with stable performance
• Strong educational content and guides
• Reliable demo access for practice

TiBiGlobe

TiBiGlobe is beginner-friendly while offering room to grow. It blends educational support with professional-level infrastructure in a way that suits both new and evolving traders.

Beginner Features:

• Intuitive platform and onboarding support
• Micro accounts for small-volume trading
• Access to training webinars and tutorials
• Simple dashboard for account monitoring

AvaTrade

AvaTrade offers one of the most comprehensive educational centres and user-friendly mobile apps, making it ideal for traders who want to learn on the go.

Beginner Highlights:

• Free courses and strategy videos
• AvaTradeGO app with guided features
• Demo account with full market access
• Regulated in multiple jurisdictions

Vantage

Vantage provides a strong demo experience, low-cost trading conditions, and full access to MT4/MT5. It’s excellent for learners who want to explore automation later.

Beginner Benefits:

• Low deposit entry and raw spread accounts
• Demo with realistic execution
• Educational library covering the basics
• VPS access (optional for advanced learning)

Markets.com

Markets.com is designed to make trading easier for new users. Its proprietary platform is clean, responsive, and includes integrated learning tools.

What Makes It Beginner-Friendly:

• Smart trading tools with tutorials
• Asset summaries and trade explanations
• 24/5 customer support
• In-platform sentiment and analysis tools

Conclusion

If you’re asking what are the best forex brokers for people new to forex, the top choices are Intertrader, TiBiGlobe, AvaTrade, Vantage, and Markets.com. These brokers combine simplicity, safety, educational support, and cost-effective trading to help new traders start strong.

Your first broker should feel like a mentor—not just a service. Choose one that supports your growth, answers your questions, and helps you build skill with confidence.