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Kazile
May 19 2020 at 07:43
93 zpráv(a,y)
The information is really very interesting for a general understanding of the situation.

GeorgeBischof
Sep 02 2020 at 13:53
318 zpráv(a,y)
Very useful information for the new traders who want to do investment in the forex market. Thank you for giving this.

ElliotCooke
Oct 29 2020 at 17:51
341 zpráv(a,y)
Thank you for sharing this. It will help the new traders to make their decisions easily.

AliaDare
Oct 30 2020 at 00:45
291 zpráv(a,y)
Thank you so much for presenting these important parts to us. Every trader should know about this subject first.

Gracewilson1995
Oct 30 2020 at 04:12
134 zpráv(a,y)
almfx posted:
Here I am going to give a good explanation of Investing.



1- Always check that Track Record Verified and Trading Privileges Verified. Those must have been ticked.
2- account must be real.
3- Checking the Broker:
3-1 Go to the Broker's website and first check its regulation, There must be their Regulation ID, Below you can see some of most reliable regulatory agencies links to check.

FCA - Financial Conduct Authority (United Kingdom) https://register.fca.org.uk/
NFA - The National Futures Association ( United states) https://www.nfa.futures.org/basicnet/
ASIC - Australian Securities and Investments Commission https://asic.gov.au/online-services/search-asics-registers/companies-and-organisations

BaFIN - The Bundesanstalt für Finanzdienstleistungsaufsicht (Germany) https://www.bafin.de/EN/
FINMA - Swiss Financial Market Supervisory Authority https://www.finma.ch/en/


* Deny any broker without regulation or one that has unreliable regulation . and never trust any result from them.

4- The account age must be older than 6 Months.
5- The account Must be updated.
* Maximum 12 hours not updated is normal according to myfxbook server refresh times.
* Sometimes The owner must update it manually Because of server traffics.
6- The account must be traded in the past month.
7 - Checking Martingale or Grid, as this kind of systems puts you at risk
7-1 First check its trading history , try to identify its pattern.
* This is the most important identification tool.
7-2 If trading history is not public simply ask the owner to make it public to check.
7-3 Check Win ratio . as Most of martingale and Grid systems have low win ratio,
* But they can cheat it by opening several small lots and close em in profit to increase the win ratio.
7-4 Check summary, Negative pips and earnings means probably its a martingale .
* you must check at least three pairs.
8 - Risk Management , always check its Maximum Drawdown and choose what risk level is appropriate for you.

thank you for sharing the amazing information that too in detail. It will help a thousand of traders including the new and the old.

Robert (Robert647373)
Oct 30 2020 at 09:28
84 zpráv(a,y)
Good advice. But with brokers, this is not the case. A regulated broker means that this broker pays a lot of money to be considered regulated and attract more clients. An important condition for a broker is the timely withdrawal of your funds, at your first request. It is very important.

Josuvaphilip
Nov 23 2020 at 06:57
25 zpráv(a,y)
For anyone who is at the beginner or intermediate level, this information is a must-read.

EbonyJones
Nov 23 2020 at 20:58
232 zpráv(a,y)
Very informative post. It will help a lot of new traders to make their decisions easily and calmly.

Jim_B
Jan 13 at 11:52
17 zpráv(a,y)
Useful stuff here thanks.

CraigMcG2020
Jan 14 at 12:40
23 zpráv(a,y)
almfx posted:
Here I am going to give a good explanation of Investing.



1- Always check that Track Record Verified and Trading Privileges Verified. Those must have been ticked.
2- account must be real.
3- Checking the Broker:
3-1 Go to the Broker's website and first check its regulation, There must be their Regulation ID, Below you can see some of most reliable regulatory agencies links to check.

FCA - Financial Conduct Authority (United Kingdom) https://register.fca.org.uk/
NFA - The National Futures Association ( United states) https://www.nfa.futures.org/basicnet/
ASIC - Australian Securities and Investments Commission https://asic.gov.au/online-services/search-asics-registers/companies-and-organisations

BaFIN - The Bundesanstalt für Finanzdienstleistungsaufsicht (Germany) https://www.bafin.de/EN/
FINMA - Swiss Financial Market Supervisory Authority https://www.finma.ch/en/


* Deny any broker without regulation or one that has unreliable regulation . and never trust any result from them.

4- The account age must be older than 6 Months.
5- The account Must be updated.
* Maximum 12 hours not updated is normal according to myfxbook server refresh times.
* Sometimes The owner must update it manually Because of server traffics.
6- The account must be traded in the past month.
7 - Checking Martingale or Grid, as this kind of systems puts you at risk
7-1 First check its trading history , try to identify its pattern.
* This is the most important identification tool.
7-2 If trading history is not public simply ask the owner to make it public to check.
7-3 Check Win ratio . as Most of martingale and Grid systems have low win ratio,
* But they can cheat it by opening several small lots and close em in profit to increase the win ratio.
7-4 Check summary, Negative pips and earnings means probably its a martingale .
* you must check at least three pairs.
8 - Risk Management , always check its Maximum Drawdown and choose what risk level is appropriate for you.




Really nice post, thank you

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