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Bradley88
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Bradley88
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How to increase trading skills ?
in
Neue Trader
Mar 30, 2023 at 08:48
Create a trade diary. You may always turn to your trading diary to help you make judgements based on previous data and build a vertical progression from beginner to professional levels. You may now easily transform your trading routine into positive habits.
Anyone suggest me best broker for forex trading?
in
Erfahrene Trader
Oct 24, 2022 at 08:41
I trade with FP Markets, a reputable broker regulated by ASIC and CYSEC. When compared to other similar ECN brokers, their trading conditions are excellent. Spreads start as low as 0.0 pips, and the commission is also low at $3 per lot.
Broker Recommendation- low slippage brokers
in
Allgemein
Oct 24, 2022 at 08:40
For lower slippages, try trading with Vantage, ICM, and FP Markets since they offer some of the best trading conditions with slippages lower than most ECN brokers.
Demo Trading Advantages
in
Allgemein
Jul 28, 2022 at 13:30
Demo trading is a tool used by both beginners and experienced traders because it provides a risk-free environment for traders to try new skills and strategies before using them on a real account.
Best Broker for a Newbie
in
Neue Trader
Jul 28, 2022 at 13:30
For newbies, I suggest trading with demo accounts to avoid unnecessary losses, and it also helps in developing forex strategies and skills.Forex brokers like Avatrade and FP Markets provide educational materials such as video tutorials, e-books, and fundamental analysis.
What's your recommendations on brokers for scalping? Based on experience
in
Erfahrene Trader
Jun 16, 2022 at 08:48
I have traded with several brokers in the past and burned many accounts due to scalping. Currently, I trade with FP Markets, an ASIC broker, with some of the tightest spreads that start from as low as 0.0 pips with a commission cost of $6 per round lot.
Are there brokers with no withdrawal fees?
in
Neue Trader
Jun 16, 2022 at 08:37
"I'm not aware of many brokers that do not have withdrawal fees because most brokers do charge a certain number of withdrawal fees in the name of tax or something else.But some brokers also charge additional fees, including withdrawals, which can be avoided. Like I trade with FP Markets, there are no additional charges when depositing or during withdrawals."
Best Broker for a Newbie
in
Neue Trader
Feb 24, 2022 at 08:47
For beginners or newbies, I suggest trading with brokers that have a lower opening balance or with micro lot accounts for lower risks and loss value.I recommend brokers like XM or FP Markets, because they are reliable to trade with and provide some of the best trading conditions. I trade with FP markets because their minimum opening balance is only $6 per round per lot.
Trading in lower timeframes
in
Allgemein
Feb 24, 2022 at 08:37
Trading in lower time frames is risky and is mostly done by experienced traders because it is very short and can be profitable only if the strategy being analysed is perfect.
Best forex broker for scalping and zero spread?
in
Allgemein
Oct 27, 2021 at 11:22
In my opinion, FP Markets is a reliable broker for scalping; their spreads began at 0.0pips for most parts of the trade with lower slippages and commission costs.
Forex Broker Recommendations?
in
Neue Trader
Oct 27, 2021 at 11:20
"I recommend trading with FP Markets. They are regulated by ASIC, CYSEC and also have an offshore licence with St.Vincent.Their spreads start from as low as 0.0pips and average at the same rate for most of my trades with lower commission costs and slippages."
Broker recommendation!
in
Erfahrene Trader
Sep 01, 2021 at 13:35
"I currently use FP Markets, would recommend them. Better spreads and lower commission compared to other similar ECN brokers.Reliable brokers with proper customer staff and spreads are consistent even during high volatile market movements."
Choosing a pair
in
Allgemein
Sep 01, 2021 at 13:35
"Choosing a pair might seem simple, but it is also important for a trader to choose the right pair because the strategy also depends on the type of pair that will be used.Some pairs are chosen based on the time frame and volatility in the market."
Broker recommendation!
in
Erfahrene Trader
Aug 13, 2021 at 11:26
If you are looking for a good lower commission broker, I recommend FP Markets; they offer some of the lowest commission costs with tight spreads and faster execution speed than any ecn broker.
Regulated broker vs. Unregulated broker
in
Neue Trader
Aug 13, 2021 at 11:26
"Regulated brokers are reliable, and most traders prefer them because there are lower risks involved in them. Unregulated brokers are mostly scammers; traders should avoid using such brokers to avoid losing money and invest in regulated brokers."
Looking for reliable ECN brokers...
in
Allgemein
Jul 27, 2021 at 13:57
I can recommend my current ecn pricing broker, FP Markets. They provide spreads starting from 0.0 pips when I trade with EURUSD and other major currency pairs with a minimum opening balance of $100.
EUR/USD
in
Erfahrene Trader
Jul 01, 2021 at 15:08
The EURUSD was very strong support at 1.1704 and 1.1748. World-Signals recommends holding on too long positions and trade below 1.1748 for stop.
Is FP Markets suitable for beginners?
in
Neue Trader
Jul 01, 2021 at 15:08
I can say that this broker is suitable for beginners because their customer service is quite helpful when you need them regarding any queries.The trading conditions are also better than other ecn brokers, and they also have a micro-lot with 0 pips for lower-risk trading.
Which Platform is best for forex trading?
in
Neue Trader
Jun 18, 2021 at 13:25
My opinion would be the MT4 platform because it is easy to trade, and my broker FP markets are good for scalping. The MT4 is suitable mainly for forex trading.
Most traders don't get success
in
Allgemein
Jun 18, 2021 at 13:25
Why is it that most traders that are beginners do not succeed in Forex trading for a long time?
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