Need to know the truth
Участник с Jan 22, 2021
125 комментариев
Feb 18, 2021 at 12:06
Yes there are some compliance that have to be followed by forex brokers. But choosing one of the brokers is a very important task. I would recommend that shortlist some of the brokers and make comparisons between them.
Участник с Feb 13, 2021
42 комментариев
Feb 18, 2021 at 18:09
Every trader should also do that. Increasing lot size without proper measurement is kind of suicide in my opinion.
Участник с Oct 07, 2020
104 комментариев
Feb 19, 2021 at 04:46
IvarHardy posted:True that..
Every trader should also do that. Increasing lot size without proper measurement is kind of suicide in my opinion.
Участник с Jun 15, 2020
59 комментариев
Feb 19, 2021 at 05:59
Markwoods posted:I can second that since I’ve been using XM and Fxview’s ECN too. The spreads are tight and the leverage is also fine. I try to keep the leverage low but then for some particular trades, it is got to be high. I mean if you’re not risking much, you won’t earn more profits, right?
Well, I have been using an ECN broker and I can tell you that I haven’t faced such issues with them so far.
Участник с Nov 26, 2020
30 комментариев
Feb 19, 2021 at 06:39
I believe that everyone should have the right approach to trading, which is why I now use ECN with a leverage of 1: 200 and a deposit of $ 200 from Amarkets broker.
Участник с Oct 07, 2020
104 комментариев
Feb 20, 2021 at 10:06
Femilas posted:can you inbox me your broker details
I believe that everyone should have the right approach to trading, which is why I now use ECN with a leverage of 1: 200 and a deposit of $ 200 from Amarkets broker.
Участник с Oct 07, 2020
24 комментариев
Feb 20, 2021 at 10:40
Lycineandrew posted:Isn’t 2% low? I would risk at least 4% of my total trade to be able to get somewhere with returns.
Hey Rassell, I don’t go beyond 1:200 with the leverage and overall I don’t like to risk more than 2% of my trades.
Участник с Oct 23, 2020
41 комментариев
Feb 20, 2021 at 12:59
Lycineandrew posted:Yeah it can be a bit risky. I don’t know why people use such a high leverage, at least I’m not a risk taker.
That is somewhat right. I usually don’t go very high with the leverage since I feel it is kind of risky.
Участник с Jul 15, 2020
36 комментариев
Feb 22, 2021 at 12:03
Ezereombre posted:I completely agree with you on this. I use Fxview too and I’m thinking about opening some demos with Oanda or XM. Let's see how that works out.russellgutierrez posted:Right and even though ECN brokers offer more than 100:1 leverage, the best deal would be to have a broker like Fxview, FXVM, or eToro that offers various leverage ratios like 50:1, 100:1, 200:1, and 400:1. I have traded with them and could change the leverage ratio on their website’s dashboard.
Do you really want to use this much leverage, even though most of the reliable brokers can offer you leverage ranging from 1:2 to 1:1,000 depending on the investment and requirement of the traders. There are different leverage levels that are ideal for traders with diverse knowledge and experience. So, when you talk to your broker, consider your individual needs and strategy. But, if you’re seriously planning this much leverage, do work on your strategy once.
Участник с Jun 30, 2020
37 комментариев
Feb 22, 2021 at 13:31
stevenflam posted:Well, some people are risk takers while others are not. Simple as that if you ask me.Lycineandrew posted:Isn’t 2% low? I would risk at least 4% of my total trade to be able to get somewhere with returns.
Hey Rassell, I don’t go beyond 1:200 with the leverage and overall I don’t like to risk more than 2% of my trades.
Участник с Jul 23, 2020
869 комментариев
Feb 22, 2021 at 23:06
Lycineandrew posted:I think trading is not the safe way to invest money. Traders always have to take risk to earn money.stevenflam posted:Well, some people are risk takers while others are not. Simple as that if you ask me.Lycineandrew posted:Isn’t 2% low? I would risk at least 4% of my total trade to be able to get somewhere with returns.
Hey Rassell, I don’t go beyond 1:200 with the leverage and overall I don’t like to risk more than 2% of my trades.
Участник с Jul 20, 2020
298 комментариев
Feb 23, 2021 at 01:40
If you want to trade, you must control the risk. And the best way to control this risk is to select low leverage.
Участник с Jun 16, 2020
35 комментариев
Feb 24, 2021 at 04:17
That’s not true. There are so many ECN brokers that offer leverage more than 1:100. Some ECN brokers that I have already been using include ICM and Fxview and they offer quite high leverage. You need to go for their offshore option if you want to use high leverage.
Участник с Sep 30, 2020
58 комментариев
Feb 24, 2021 at 05:58
The ECN brokers that I have used so far have offered me 1:500 leverage on average. So, I don’t think there is any truth in what you are saying.
Участник с Jun 22, 2020
77 комментариев
Feb 24, 2021 at 09:29
Mikehussey posted:Can you share what broker is it?
The ECN brokers that I have used so far have offered me 1:500 leverage on average. So, I don’t think there is any truth in what you are saying.
Участник с Sep 30, 2020
28 комментариев
Feb 25, 2021 at 05:15
You really need to do some more research on offshore brokers. There is no limit to the leverage that an ECN broker can offer. It is their choice and they set the limit according to their own conditions.
Участник с Jul 17, 2020
42 комментариев
Feb 25, 2021 at 11:09
Mikehussey posted:So have I! There are some ECN brokers that offer leverage around 1:1000. However, it is up to the trader what leverage they want to use. I personally think that 1:100 is also quite high.
The ECN brokers that I have used so far have offered me 1:500 leverage on average. So, I don’t think there is any truth in what you are saying.
Участник с Oct 09, 2020
36 комментариев
Feb 27, 2021 at 10:41
Mathewshayden posted:Simply to increase the scope of profit and who wouldn’t do that? Imagine having $100 and then the prospect of investing $100,000 because of leverage. Your chances or profitability will also rise up.Lycineandrew posted:Yeah it can be a bit risky. I don’t know why people use such a high leverage, at least I’m not a risk taker.
That is somewhat right. I usually don’t go very high with the leverage since I feel it is kind of risky.
Участник с Jun 30, 2020
37 комментариев
Mar 01, 2021 at 09:55
One line for high leverage- big profits can end up being smaller, and small losses can turn out to be bigger. How many of us actually have the understanding of stopping when the prices are moving away from the predictions?
Участник с Feb 23, 2021
26 комментариев
Mar 01, 2021 at 19:14
It's not possible to make consistent profit by following signals, no matter what technology or website they use. At the end you are going to lose your money. It's just waste of time and money.
