SteveHanks
Member Since Mar 17, 2021
55 posts
Mar 24 at 17:00
Major currency pairs all contain the US Dollar on one side – either on the base side or quote side. They are the practically once in a while traded joins in the FOREX market. The majors, all things considered, have the slightest spread and are the most liquid. The EUR/USD is the most traded pair with a step by step trade volume of just about 30% of the entire FX market.
Reading your query makes me believe in the need for learning from more than one source because if you choose the wrong source of information, the whole of your trading career will go in vain.
Harshalgibbs
Member Since Oct 13, 2020
54 posts
Mar 25 at 11:36
Charlessmith posted:
If there was something like that, traders would have never been able to use high leverage. The maximum number of traders that I know prefer ECN brokers for security. If these brokers can't offer high leverage, their profits would be limited to small amounts and everything else they have read about forex trading and making profits would turn out to be false. Some might even conclude that some brokers are not reliable enough to offer the high leverage.
Well, that’s true. Not learning properly or learning from an irrelevant source of information is one of the major reasons why most traders fail. One ought to be careful about the choices you make.
russellgutierrez
(russellgutierrez)
Member Since Jun 03, 2020
56 posts
Mar 26 at 04:38
With leverage being an attractive feature for traders to choose a broker, most brokers tend to offer the high leverage. The ones that don’t are often the ones that hardly anyone uses.
Quange posted:
I was guided by the reviews, of course, when choosing a broker, as well as how long the broker has been on the market, what conditions it has, what achievements in this area have, so I made a choice in favor of Amarkets.
What is the commission structure and what leverage they are offering?
SteveHanks
Member Since Mar 17, 2021
55 posts
Mar 27 at 17:47
Consistent profit is very important to survive in trading. You have to trade according to the compounding with a long-time target. If trading can be done according to the plan, it is possible to get success very quickly.
ceceliagreer
Member Since Jan 08, 2021
15 posts
Apr 06 at 04:33
Different brokers offer different leverage and you’ll find it to be high or low as per the platform.
hoagsobject
Member Since Mar 29, 2021
6 posts
Apr 06 at 09:49
it also depend on what country you are in. Europe now has limits as low as 1:30 and US is even worse
SofieAndreasen
Member Since Jul 23, 2020
349 posts
Apr 07 at 16:10
ceceliagreer posted:
Different brokers offer different leverage and you’ll find it to be high or low as per the platform.
True. I recommend new trader should use low leverage first. High leverage is dangerous especially for new traders.