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Posts by colininghrams

Can withdrawals be processed in less than a day? In New Traders Jan 15 at 05:02
[quote]Lorencecolling posted: 3 days is standard time that most brokers take. I doubt you’ll find any which will make this process faster. Your bank will also take its own sweet time.[/quote] I have even dealt with brokers that take up to a week, so 3 days seem too good to me. On spreads I have been rather lucky. Getting as low as 0.3 pips on IC Markets (my current broker). Withdrawals generally take about 5 days.
What safety measure I need to take before choosing any forex broker? In Experienced Traders Dec 09 2020 at 07:18
I do tend to put my withdrawal request on Fridays. Will do it on Monday next time and see. Thanks
Experiences with regulated firms In New Traders Dec 08 2020 at 12:42
Regulations does matter, but there's another crucial thing. I mean how hard can it be to get a piece of stamped paper! I think it’s also important to look into the history of the broker. See the number of transactions undertaken, the founders history, things like that.
What safety measure I need to take before choosing any forex broker? In Experienced Traders Dec 02 2020 at 08:12
if i was you i would choose the oldest here: icm
What safety measure I need to take before choosing any forex broker? In Experienced Traders Dec 01 2020 at 12:41
People still fall for such stuff I’m shocked!!!
Experiences with regulated firms In New Traders Dec 01 2020 at 09:26
Sense of security and peace of mind you get with a regulated broker is something that I give the highest weightage while opting for a broker. Until you get the confidence that your money is safe, even after losing some trades, you can't keep the momentum going in this field of trading.
What safety measure I need to take before choosing any forex broker? In Experienced Traders Nov 21 2020 at 09:30
[quote]marnuslabushane posted: Always go with a broker that gives you the option of a free demo account. This will not only give you exposure to the forex market (if you are starting anew) but will make you familiar with the broker and its platform.[/quote] Demo accounts do tell a lot about a broker. I spent 4 months on Schwab before going live with them. Found their customer service and order execution quite all right. Never ever choose a broker before practicing on them with virtual money.
EA Khabib 2.3 In Trading Systems Nov 09 2020 at 10:39
Making losses and profits while trading is part and parcel. No matter how hard you try, you will always make losses. Still, I see a lot of people fearing losses. They need to understand that if they won’t make losses, they can’t make profits.
MJT - Scalping In Trading Systems Nov 09 2020 at 10:31
While trading on my demo account, I have used 1:1000 leverage. But when I go live, I have never used leverage more than 1:100. I know I am afraid of losing. I want to know if anyone of you has ever used 1:1000 leverage? If yes, what was your experience?
Beginner in forex In New Traders Nov 09 2020 at 10:20
Out of the different factors, your knowledge, strategy, focus, and discipline matter the most. They have the capability of making and breaking your trades.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.