I am fairly new to forex trading. I work during the day so want to follow and trade a market that is active when I am at home in the UK.
What markets do you trade during the UK evening hours?
i spread bet the indices ,Hang Seng,Nikkei etc BUT only when its obvious that they are going to plummet and then make more money when the bounce occurs…
http://www.igindex.co.uk/
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I’d go with http://comefollowme.zulutrade.com/SignUp_Intermediate.aspx and then it will give you a long list of brokers you can use. For you, I’d select either FXCM.co.uk, or global.fxdd.com.
By opening your broker account through the link above, you’ll also get some additional features added to your account that those brokers don’t normally give to everyone, mainly, the ability to follow signal providers. If you are totally not interested in this feature, and you’d rather just use MT4 (or, if you’d rather BE a signal provider), you’ll need to go directly to FXCM.co.uk and set up an account with MT4 access. But then you won’t have access to the something like 8,000+ free strategies that you get access to by using the link I gave at the top. It’s up to you though. 
FXCM by the way would be my first choice, since they have no dealing desk. FXDD has a dealing desk, and their disclaimer says they make profit when you lose money, and they lose money when you make money, so watch out, because they actually want you to lose. That’s what a "dealing desk" is. Oh, and their disclaimer goes on to say, that their prices which they send to you are fabricated, and they can make the market appear to move against you anytime they want, and they can make the market move in different directions for different customers at the same time. Very scary stuff.
Both FXCM and FXDD are really big though, and both of them are compatible with signal providers, and both work with MT4 also.
EDIT: I don’t think MT4 supports 5 day charts.
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