One of the most important tasks you have to do when you begin trading is to choose a broker. After all, you will be depositing your hard earned money with the broker so you want to make sure that your money will be safe and you can withdraw it when you want.

You also want to choose a broker with low spreads (trading costs) so that they do not eat into your profits.

Some brokers also do not accept residents of some countries to open their accounts with them. Given these challenges, it can be difficult to find a suitable broker when starting out. That was the case when we started out.

It does not have to be that difficult for you though, we have compiled a list of recommended brokers that you can use below.