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Scalping is good
v
Obecné
Apr 16, 2021 at 16:21
"Scalping is good only if you know the risks and have suitable strategy and skills to control the loss and profits in a trade.Since scalping is tricky, it's better to trade with reliable brokers like FP Markets or CMC Markets with good trading conditions. "
What is your trading strategy ?
v
Noví obchodníci
Apr 16, 2021 at 16:18
The only strategy I find profitable until now is the Price Action trading strategy because it can be utilised for a long, medium or short-term period. I can also use several time frames for analysis.
Can withdrawals be processed in less than a day?
v
Noví obchodníci
Mar 30, 2021 at 17:01
It depends on the broker you choose to trade. I trade with FP Markets, and I am able to withdraw my money in a day or two working days, whereas certain brokers take a week or more.
What leverage do you all use?
v
Noví obchodníci
Mar 30, 2021 at 16:59
I currently trade using 500:1 leverage though the risk involved is higher, the profit earned is also higher, and to deal with losses, I have certain money management skills.
Best ECN pricing broker for scalping with lower spreads
v
Skúsení obchodníci
Mar 09, 2021 at 13:51
I consider the proper and reliable broker for scalping is FP Markets because the main criteria for scalping are lower spreads and commission costs, and FP Markets have met that criteria.
Choosing a pair
v
Obecné
Mar 09, 2021 at 13:49
Choose a suitable pair according to your time frame because every pair has a level of movements daily, and using the correct time frame can give a trader the very best opportunity to profit from the market.
High leverage = High risk?
v
Noví obchodníci
Feb 25, 2021 at 13:56
High leverage is considered risky because when a trader loses in a trade with high leverage, the loss also results in a large amount, whereas if the trader can convert it into a successful trade, the profit earned is more than the invested amount.
Best currency pair for trading
v
Noví obchodníci
Jan 28, 2021 at 16:44
Anyone currently trading with a better currency pair other than EURUSD? Because I'm looking to trade with two pairs simultaneously to improve my trading skills and profit.
Forex trading offers high leverage
v
Obecné
Jan 28, 2021 at 16:42
"Most brokers have started offering higher leverage. I would recommend trading with minimum leverage broker like FP markets that offer 500:1 because the risk involved is lower and profit earned is better than lower leverages.Using lower leverage also has lower risks, but the profit earned is just peanuts, and higher leverage of 1000:1 could bring major problems if the trade fails."
Is FP Markets suitable for scalping ?
v
Obecné
Dec 31, 2020 at 13:28
I'm a scalper trading with FP Markets and its one of the oldest broker, so I have no issues with their reliability and the spread are lower with faster execution.
Basics knowledge is not enough
v
Obecné
Dec 31, 2020 at 12:59
To maintain a successful and stable trade, traders should build their knowledge and experience every day in forex and should also be able to choose a reliable and suitable broker.
Looking for Broker
v
Noví obchodníci
Dec 11, 2020 at 17:13
I trade with a reliable broker since I'm a scalper so spreads and execution is important, which is why I trade with FP Markets an ASIC regulated broker.The spreads in major pairs like EURUSD, GBPUSD, etc... start from 0.0pips most of the day and the execution is really fast.
Demo can not make you well experienced
v
Obecné
Dec 11, 2020 at 17:13
The demo account helps beginner traders to practice and prepare an idea about how the live trading will be, but only by trading in demo one cannot be profitable in forex.The demo is to understand how the live market works, so risking a bit in live trading will help in improving skills and strategies.
FP Markets
v
Brokeri
Nov 25, 2020 at 13:23
I have been trading with them for 4 months and they are a true ECN broker. The spread is tighter with the best trading conditions.I Have not faced any issues till now while deposits and withdrawing's.
Bonus and Brokers
v
Obecné
Aug 04, 2020 at 11:50
I trade with FP Markets, they offer no Bonus, but spreads and commission cost are lower when compared with other similar brokers.I trade with brokers that do not offer bonuses because its just a marketing trick to lure in traders and scam them, which is why i trade with FP Markets.
Best Broker
v
Obecné
Jul 15, 2020 at 13:00
Based on my experience FP Markets has been the best for me. I mainly scalp and their ECN spreads are the best out there.They are regulated by Asic and have been operational since 2005, so very reliable too.
Best Broker
v
Obecné
Jul 01, 2020 at 12:01
I'm planning to open an account with FP Markets, Since I'm a scalper I'm thinking of opening a Raw Spreads account with them (ECN Pricing)Is there any other hidden cost, apart from the Commission per Lot on their Raw Spreads account? Reviews from anyone currently trading with FP Markets would be appreciated.
How to choose a regulated forex broker?
v
Obecné
Jun 29, 2020 at 11:17
Can we choose a broker based on only rating and reviews or is there any other factors to choose a good regulated broker.
Beginners Greed
v
Obecné
Jun 23, 2020 at 12:25
Before entering into trading I had one motive was to only gain more money in it, dint think about the loss which turned bad.So being greedy in for\ex will only make things worse always plan your strategy and try to minimize your loss.
Demo trading
v
Noví obchodníci
Jun 09, 2020 at 12:16
Is it me or does anyone feel that trading in Demo for a long time is boring and wants you to start trading live but not sure if your ready to go live ?
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