Broker: An individual or firm which acts as an intermediary between a buyer and seller, usually charging a commission. For securities and most other products, a licence is required.

A smart man once told me that if your phone rings and it’s your broker you know you’re going broke.

Since the advent of the internet you’re probably far more likely to get an email or text alert because, just as there are countless thousands of people working as online day traders, there are also no shortage of online brokers these days, in addition to traditional full service brokers.

A full service broker is a broker that provides a large variety of services to their clients including research and advice, retirement planning, tax tips and much more besides. Of course all this comes at a price as commissions at full service brokerage firms are far higher than that of discount services.

Below are some links to the best brokers we’ve used:

FOREIGN EXCHANGE
Easy Forex
These guys are the best in the foreign exchange industry. They’re not the cheapest in terms of commission
but they do offer brilliant, hands-on service with 2 different trading platforms, both MT4 and Web Based