Dictiony
Členem od Apr 01, 2020
231 příspěvků
Nov 04 2020 at 10:18
Surely, you can get help from your broker in this regard.
Dorigda
Členem od Apr 15, 2020
83 příspěvků
Nov 04 2020 at 12:50
From my own experience, I can say that I have never had any problems with withdrawing funds with the Amarkets broker, but even in such situations and controversial issues, there are managers who can really help and give practical advice.
jimmyneeesham
Členem od Oct 05, 2020
40 příspěvků
Nov 05 2020 at 04:12
Seeing the volatility of the forex markets, it’s crucial to choose a right pair. Diversify your investments in multiple pairs to ensure good returns. I am using USD/JPY, GBP/USD, USD/CAD, NZD/USD with fxcm. I am not much worried about one or two of them diving as I eye on others that are performing well at the same time.
Lorencecolling
Členem od Oct 01, 2020
49 příspěvků
Nov 05 2020 at 06:18
garrychristians posted:Johnathankim posted:
Would suggest using EUR as well with other currencies. A couple of brokers will provide you much lower spreads on these pairs.
I can do that, but I am afraid of the European risk appetite due to Corona threat. Reading the news lately and seeing the euro breaking down further.
using EasyMarkets being an Australian, and now seeing Tickmill, Fxview and FP Markets for their spreads. My opinion might go another way, I suggest mastering a single pair so as to open more positions to come off from that pair. I have done this before where I loaded more pairs on my MT4 charting software with EM.
Have already created my demo account with Tickmill to test the environment and yet to do for FP markets and fxview. About to use Webtrader and MT4 first.
Barbara Wright
(barbarawright)
Členem od Jun 10, 2020
37 příspěvků
Nov 05 2020 at 07:43
Building a trading plan with one pair is much easier. I suppose it’s more risky to use CHF as it is under strict manipulation with swiss banks. It also becomes a bit hard for non-usual traders. I am only using EURUSD with Fxview. Though it’s too volatile, choosing the right trading time windows come in handy.
Maxwelljoe
Členem od Oct 08, 2020
29 příspěvků
Nov 06 2020 at 03:47
USDAUD, I hate the most , never worked for me.
josejames
Členem od Nov 16, 2020
16 příspěvků
Nov 30 2020 at 10:12
More than regulation, I care about the reliability of the trading platform. If a broker is reliable, I would love to use it.
Beagelv
Členem od Jul 27, 2020
81 příspěvků
Dec 03 2020 at 12:34
Definitely, the reliability and safety of the broker are the main components that should not be taken into account.
DoraWalletInvest
Členem od Aug 17, 2020
123 příspěvků
Dec 04 2020 at 17:36
garrychristians posted:
just switched to a part time job from full time. Planning to use this time for forex trading and have already started looking for the discussion threads with other traders. Haven’t decided on the currencies to use (USD or CAD or GBP or 2 together not sure with this). Are there any possibilities to deposit and withdraw with different base currencies?
Thanks for your suggestions!
I'm not sure what I understand the question correctly... Do you mean if you can deposit from / withdraw to a bank account that has a different currency? If that's the question, you absolutely can, just be mindful of the conversion rate and possible commissions of your bank.
garrychristians
Členem od Jul 17, 2020
35 příspěvků
Dec 07 2020 at 11:13
DoraWalletInvest posted:Yes it is possible to do that.garrychristians posted:
just switched to a part time job from full time. Planning to use this time for forex trading and have already started looking for the discussion threads with other traders. Haven’t decided on the currencies to use (USD or CAD or GBP or 2 together not sure with this). Are there any possibilities to deposit and withdraw with different base currencies?
Thanks for your suggestions!
I'm not sure what I understand the question correctly... Do you mean if you can deposit from / withdraw to a bank account that has a different currency? If that's the question, you absolutely can, just be mindful of the conversion rate and possible commissions of your bank.
ElliotCooke
Členem od Jul 20, 2020
341 příspěvků
Dec 07 2020 at 12:07
New traders should gain proper knowledge before starting their trading career. Without knowledge, they can not survive in this risky market.
garrychristians
Členem od Jul 17, 2020
35 příspěvků
Dec 08 2020 at 07:49
ElliotCooke posted:And also as the real knowledge comes from actual presence in the market and the subsequent losses, it is always better to start small.
New traders should gain proper knowledge before starting their trading career. Without knowledge, they can not survive in this risky market.
Kroolsc
Členem od Nov 17, 2020
19 příspěvků
Dec 30 2020 at 03:57
You should know the importance of learning and getting all the information about trading in order to start with it.
ElliotCooke
Členem od Jul 20, 2020
341 příspěvků
Dec 31 2020 at 15:21
garrychristians posted:Yes. You are right. without knowledge, you are nothing in this risky market.ElliotCooke posted:And also as the real knowledge comes from actual presence in the market and the subsequent losses, it is always better to start small.
New traders should gain proper knowledge before starting their trading career. Without knowledge, they can not survive in this risky market.
Tremblay
Členem od Feb 23, 2021
330 příspěvků
Apr 03 2021 at 10:33
Kroolsc posted:The best learning source of forex trading is a demo account.
You should know the importance of learning and getting all the information about trading in order to start with it.
RobSchiz
Členem od Mar 25, 2021
567 příspěvků
Jul 04 2021 at 19:41
ElliotCooke posted:Yes. Proper knowledge is mandatory to make money from this market.
New traders should gain proper knowledge before starting their trading career. Without knowledge, they can not survive in this risky market.
LyudmilLukanov
Členem od Jul 23, 2020
869 příspěvků
Aug 07 2021 at 15:04
I don’t think brokers allow funding and withdrawals with multiple currencies. You should contact your broker support.
SofieAndreasen
Členem od Jul 23, 2020
759 příspěvků
Aug 07 2021 at 16:26
I also agree with you. Demo trading is the best way to learn.
RobSchiz
Členem od Mar 25, 2021
567 příspěvků
Aug 28 2021 at 15:26
ElliotCooke posted:Proper knowledge is very important to survive in this risky market.
New traders should gain proper knowledge before starting their trading career. Without knowledge, they can not survive in this risky market.