Right now I'm using an old wheelie bin to grow strawberries in, and will tell all once it's proven.
A wheelie bin for compost making should be fine, and broken ones would be free, but new would be as pricey as a proper compost bin, so you'd be better off with the real deal. Wheelie bins might be just large enough to make hot compost, so get the biggest size possible. You may like to read about < a> here.