A game-changing service for all forex, spread betting, futures and CFD traders.
It can take margin traders years to find a broker that is a good fit. My Broker Consultation is a free service that condenses this process into a few minutes.
We’ve teamed up with one of the world’s leading introducing brokers, Forest Park FX, to get you the service, access and benefits normally reserved for the most experienced, best-connected traders.
Tell us a little bit about you and your trading preferences
Have a consultation via email or phone with an expert
Create an account with your chosen broker & start trading
Some Popular Questions & Answers
Step 1. Start by filling out the form above, giving as much detail as possible in your answers. We’ll pass these onto our partner, Forest Park FX, once submitted.
Step 2. One of the Forest Park FX team will reach out to you within a business day or so to start your consultation. Sometimes it is obvious what type of account and broker will fit with your needs, sometimes it’ll take some back and forth. This consultation is normally done via email but can be via phone if necessary.
Step 3. Once you’ve finished the consultation you’ll be sent unique tracking links to your new broker(s). It is down to you to make the final decision about opening an account, by going through the consultation you are not committing to opening an account. It is then over to you to go through the account opening process with your chosen broker. It is crucial the links sent to you are used when you are opening your account or your rebate won’t be tracked.
Step 4. After that, you fund your account and trade as normal. You’ll then receive your rebate from Forest Park FX or it is paid directly into your trading account, normally on a monthly basis (varies by broker).
You are not placing funds on account or trading with Forest Park FX, the service is simply an introduction.
As a trader, your broker is the most important relationship you will have – it is your access point to the financial markets and you can’t trade without one. There are plenty of brokers out there. It is incredibly unlikely that the first broker you come across will be a good fit for you and it is even more unlikely it will pay you a rebate if you directly open an account.
Having a broker or even account type that isn’t a good fit can feel like swimming against the tide. You might get frustrated, be overpaying, or worse give up trading altogether. You can end up wasting time researching brokers when you should be focusing on your trading decisions.
The My Broker Consultation service is here to help you shortcut this research while also securing a rebate on your trading.
To provide this service we’ve partnered with Forest Park FX, an introducing broker to many of the world’s top FX brokers. In exchange for introducing clients to these brokers, they compensate Forest Park FX a portion of the spread or commission you pay on your trading. In turn, Forest Park FX shares that compensation with you as a way to reduce your costs of trading below what the broker would offer you directly.
When working with our partners Forest Park FX, your account and funds are still held by the broker and you trade on the same pricing and platforms they offer to their direct clients. The key difference is that by being introduced through this service, you will save money on every trade you place.
Here is how rebates work:
The service is provided through our partner, Forest Park FX.
Forest Park FX is an introducing broker. Normally the preserve of hedge funds and experienced traders these businesses add value by connecting those that want to trade with those that provide trading services. It does not hold trader’s funds or accept trades – their job is to introduce.
Forest Park FX is regulated around the world, it holds licences with the Commodity Futures Trading Commission as an Independent Introducing Broker, it is a member of the National Futures Association and its authorised and regulated by the FCA in the UK.
They are an experienced team of industry professionals specializing in providing market access to the world’s top Forex brokers, cashback rebates for traders and professional trading services.
No! There are hundreds of ways brokers differ, here are the important ones:
- Products you can use to trade with.
- Markets offered.
- Regulation. Margin trading tends to be OTC, which means the relationship between broker and trader needs to be closely controlled. Everything from whether your money is kept separate through to fair market pricing and what happens if firms go bust are all areas looked at by regulators.
- Cost. What it costs to trade varies significantly. Big marketing budgets need to be paid for!
- Platform. Does the trading platform provide the functionality you need as a trader?
- Size & risk processes. You want to trade with a broker that can stand behind its commitments.
- Plus a lot more like customer service, API access, and algorithmic trading.
The point here is that there are large differences between brokers. You want the one that fits your preferences.
No. Our partners, Forest Park FX, have a panel of brokers they have pre-screened and negotiated rebates with. These brokers are only from well-regulated jurisdictions.
You can see the panel here.
You can move broker whenever you want – if it is to a broker on the Forest Park FX panel you might qualify for a further rebate.
This service is available to clients in all countries except those prohibited by sanctions. For these, please see the US Treasury Department’s OFAC list.
We’ve partnered with Forest Park FX to help our students find a broker that is a good fit with an outstanding deal. The service is free at the point of use for the trader, Forest Park FX, and through them, My Trading Skills, in most instances will receive a commission from the broker. This will not increase your spreads.
No, at the moment it is only for FX, CFD, spread betting, and futures traders.
No, at the moment it is only for FX, CFD, spread betting, and futures traders.
Yes. Please complete the form above to get started.
Yes, the sooner you find a broker that is a good fit the better but please only fill out the form and do the consultation if you are genuine about starting.
Yes, head over to our partner Forest Park FX’s website, register, and select the broker(s) you want to proceed with.
If you’ve already got an account at a broker on the panel it is still possible to secure a rebate.
You should contact the team at Forest Park FX to find out how.
That’s a good question, there isn’t a catch. It’s essentially about bargaining power.
Our partners Forest Park FX, as well as MYTS students, work with lots of other traders from all over the world. This means when they approach large global brokers to negotiate rebate deals they have lots of potential clients for the broker. The broker treats it like a wholesale business opportunity and is happy paying a commission, and through that the rebate, because of the scale.
The reason it is free at the point of use is Forest Park FX, and through them, My Trading Skills will normally receive a commission from the broker. Like the rebate, this commission is linked to the volume the introduced trader transacts.
Don’t fear risk, understand it. All trading involves risk. All margin trading products – Forex, Futures, Financial Spread Bets and CFDs – are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
Fee Disclosure: If you sign up and use this ‘free at the point of use’ service PMJ Publishing Ltd (t/a My Trading Skills), with the exception of US citizens, will receive a commission linked to the volume you trade from Forest Park FX, LLC.