Trading Brokers for Forex EA Robots

Before you can do any trading you will need a trading broker, a broker will handle all your trading orders,and all your trading orders will be placed by your forex EA robot. Most trading brokers are quiet simillar, only difference being that they offer different types of accounts.Most brokers will let you trade on a demo account with no risk to your capital, this is most advisable as it will give you the experience you need before you trade live with your own capital. For those who wish to trade only with a small amount of capital look for a broker that will let you trade on a micro or mini account, this is best if you only have less than 500 USD. Some brokers will let you trade with as little as 100 dollars on a micro account. They is no charge to you for using the broker, the brokers make they money by other means.

One thing to note is that with a recent change in the NFA rules means that if you trade by hedging, then you will need to trade with a non-US broker.