Mar 03 2021 at 11:32
With spreads, do take care of your strategies. Do not compromise with them. Work on them.
Mar 03 2021 at 12:24
ele020 posted:Cool! Thanks for the infoMathewshayden posted:I just did my research and concluded that they are not an offshore broker but regulated ECN broker based in Limassol, Cyprus. They operate under Charlgate Ltd. Just checked it out from their support. They gave me this link as well.. https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/81661/ele020 posted:They can I suppose be both...fxview in point.Mathewshayden posted:I don't think so that they are offshore also not sure if a broker can be offshore and still be regulated. Do you have a source where we can check it out? According to me they are based is Cyprus...ele020 posted:Offshore AND regulated, is my understanding! Can’t it be both?joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
Mar 04 2021 at 05:57
Mathewshayden posted:You are most welcome... 😎ele020 posted:Cool! Thanks for the infoMathewshayden posted:I just did my research and concluded that they are not an offshore broker but regulated ECN broker based in Limassol, Cyprus. They operate under Charlgate Ltd. Just checked it out from their support. They gave me this link as well.. https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/81661/ele020 posted:They can I suppose be both...fxview in point.Mathewshayden posted:I don't think so that they are offshore also not sure if a broker can be offshore and still be regulated. Do you have a source where we can check it out? According to me they are based is Cyprus...ele020 posted:Offshore AND regulated, is my understanding! Can’t it be both?joastdaffy posted:are you saying that they are a offshore broker? I dont think so.... They are CySec regulated ECN broker. I am testing them currently and so far they are good.
Oh, you guys are talking about fxview? I actually made a demo account on there some time back and it all seemed rather nice man but I never made a live account, being offshore and all.
The more your practice, the more you learn.
Mar 04 2021 at 09:59
philipsimmions posted:I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading
With spreads, do take care of your strategies. Do not compromise with them. Work on them.
Mar 05 2021 at 05:33
jimmyneeesham posted:There are forex account managers who can trade on your behalf. But still try and learn to trade by yourself.philipsimmions posted:I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading
With spreads, do take care of your strategies. Do not compromise with them. Work on them.
Mar 10 2021 at 09:34
jimmyneeesham posted:I don't know how you plan to trade, that is without spending time chalking out your strategies. And especially when you have no knowledge about it.philipsimmions posted:I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading
With spreads, do take care of your strategies. Do not compromise with them. Work on them.
Mar 10 2021 at 11:58
Gleywilleyy posted:Well I wouldn’t go for a managed account. Wouldn’t you be worried that someone else won’t pay much attention to you making money as much as you would?jimmyneeesham posted:I don't know how you plan to trade, that is without spending time chalking out your strategies. And especially when you have no knowledge about it.philipsimmions posted:I don’t have enough time to make strategies and don’t know much about trading as well. Can I still go for trading? I am leaning towards copy trading
With spreads, do take care of your strategies. Do not compromise with them. Work on them.
Mar 11 2021 at 10:46
Me too @salamibrish. From what I know, account managers usually use online foreign exchange brokers to trade within the forex account agreement. As an owner, you won’t be allowed to trade your funds in the same account.
Mar 12 2021 at 04:42
joastdaffy posted:It’s not that bad. Because a forex account is liquid, you can simply withdraw the money in case you don’t wish to proceed further. Now this doesn’t mean I’m saying it’s a great option. I still believe you should learn all about trading as it’s your money at stake. Also, the best way to go about it is demo trade. I did it with pepperstone and my craft just got better.
Me too @salamibrish. From what I know, account managers usually use online foreign exchange brokers to trade within the forex account agreement. As an owner, you won’t be allowed to trade your funds in the same account.
Mar 13 2021 at 06:16
mitchelmarsh008 posted:Are you sure about it? I think the management firms charge a penalty for early withdrawal along with a percentage fee generated with trading activities.joastdaffy posted:It’s not that bad. Because a forex account is liquid, you can simply withdraw the money in case you don’t wish to proceed further. Now this doesn’t mean I’m saying it’s a great option. I still believe you should learn all about trading as it’s your money at stake. Also, the best way to go about it is demo trade. I did it with pepperstone and my craft just got better.
Me too @salamibrish. From what I know, account managers usually use online foreign exchange brokers to trade within the forex account agreement. As an owner, you won’t be allowed to trade your funds in the same account.
Mar 15 2021 at 10:54
marnuslabushane posted:Why not to find a broker who gives you good services but also charges less commissions? I think this would be a much easier solution. No?
I always get confused with this stuff. I mean should I go with a broker that is very good when it comes to the trading conditions but charges high commision or should I just stick to no commission broker that provides okayish service?
Mar 16 2021 at 11:30
This is why it is said that research is very important whether it is about trading or the broker you're going to choose for the trading process.
marnuslabushane posted:I agree. There are many brokers that fall into this category like Oanda, XM etc. giving you good enough trading set up on low commissions. Spreads and leverage with most of these seem favourable too.marnuslabushane posted:Why not to find a broker who gives you good services but also charges less commissions? I think this would be a much easier solution. No?
I always get confused with this stuff. I mean should I go with a broker that is very good when it comes to the trading conditions but charges high commision or should I just stick to no commission broker that provides okayish service?
Mar 18 2021 at 04:23
Jamespaul posted:@James also do not forget to check the analytical features of the brokers, and what trading platform they give out. It is very important for smooth trading.marnuslabushane posted:I agree. There are many brokers that fall into this category like Oanda, XM etc. giving you good enough trading set up on low commissions. Spreads and leverage with most of these seem favourable too.marnuslabushane posted:Why not to find a broker who gives you good services but also charges less commissions? I think this would be a much easier solution. No?
I always get confused with this stuff. I mean should I go with a broker that is very good when it comes to the trading conditions but charges high commision or should I just stick to no commission broker that provides okayish service?
Mar 18 2021 at 07:09
Adamgylicrist posted:Emotions can be very harmful for you if you have no control over them. And you should not let your emotions come between your trading.salamibrish posted:This is true but it should not be on the basis of the emotions, but rather on the basis of the state of the market.Mathewshayden posted:Flexibility is the key to winning because if we are flexible enough we can earn a lot of good money. I was scalping because the markets were not that good. So there are many brokers in the market. When the markets were moving again I came to position trading through IB because of its good analytical tools. So you cannot always trust one strategy. The brokers charge their fees because they provide us services.
Garry, I agree that you won’t lose anything when you demo trade. But if a strategy works well on your demo account and fails when you go live?
Mar 19 2021 at 07:56
marnuslabushane posted:The idea you gave is good but it literally requires a lot of hardwork and most importantly time for finding such brokers.marnuslabushane posted:Why not to find a broker who gives you good services but also charges less commissions? I think this would be a much easier solution. No?
I always get confused with this stuff. I mean should I go with a broker that is very good when it comes to the trading conditions but charges high commision or should I just stick to no commission broker that provides okayish service?
Mar 19 2021 at 10:40
The hard work you are talking about James, is for your own good. You only will get benefits from it. And since you are in trading, you need to manage time to trade. And if still you have enough money to pay to any broker, you can think of lending me some. Lol.
Mar 20 2021 at 04:32
Haha. I think you are some kind of a motivational speaker @Philip. Jokes apart, I got your point buddy.
Mar 20 2021 at 06:06
jamesmaxwell52 posted:You seem to be struggling very much in terms of making time. Brokers like FXTM, and Avatrade have these features where you can put your entire trading responsibility on somebody else called the forex account managers. But mind it, you can’t rely on them wholly. You have to be more dedicated.marnuslabushane posted:The idea you gave is good but it literally requires a lot of hardwork and most importantly time for finding such brokers.marnuslabushane posted:Why not to find a broker who gives you good services but also charges less commissions? I think this would be a much easier solution. No?
I always get confused with this stuff. I mean should I go with a broker that is very good when it comes to the trading conditions but charges high commision or should I just stick to no commission broker that provides okayish service?
Richarlison872 posted:Нет разници какую сумму берет брокер комиссии если вы зарабатываете то вы позволяете себе перекрывать данные убыткиjamesmaxwell52 posted:You seem to be struggling very much in terms of making time. Brokers like FXTM, and Avatrade have these features where you can put your entire trading responsibility on somebody else called the forex account managers. But mind it, you can’t rely on them wholly. You have to be more dedicated.marnuslabushane posted:The idea you gave is good but it literally requires a lot of hardwork and most importantly time for finding such brokers.marnuslabushane posted:Why not to find a broker who gives you good services but also charges less commissions? I think this would be a much easier solution. No?
I always get confused with this stuff. I mean should I go with a broker that is very good when it comes to the trading conditions but charges high commision or should I just stick to no commission broker that provides okayish service?
