Dec 11 2020 at 10:19
How to determine whether the platform is safe and reliable?
At the end of last week, many fans asked me how to identify the foreign exchange platform.
No matter what regulation is not regulated, we will teach you a simple and crude method. Bloomberg will search the name of the platform on the terminal to see how many users there are. Because the formal platform needs to do risk control and hedging, so many traders must keep in touch with the bank investment bank in real time in such a big booth, so it must use BB chicken, and making phone calls will definitely not work.Therefore, according to the number of BB, we can infer the completeness of the manpower and facilities of a platform trading department.Personal experience of more than one page belongs to reliable, sporadic 1 or 2 belong to at least in the business, none of them do not explain the garbage..
There are also a lot of personal comments asking me what ECN STP is better and so on. I once again emphasize that there is no ECN STP in retail foreign exchange margin. All platforms are positions with LP.
Even many large platforms will set up another LP company for their own business, which will be used for their own platforms and help other companies to handle their positions.The only difference is whether the platform you use is to take your own position or to just leave it all to another banker.The so-called ECN STP NDD is a marketing slogan to deceive Xiaobai and half hung employees, so we should not be caught in this mistake again.
Finally, I would like to reiterate that any overseas license is useless for retail investors in China, and any ECN or STP is also useless. The foreign exchange speculation of retail investors is specially designed for retail investors, which is different from the real foreign exchange market..
At the end of last week, many fans asked me how to identify the foreign exchange platform.
No matter what regulation is not regulated, we will teach you a simple and crude method. Bloomberg will search the name of the platform on the terminal to see how many users there are. Because the formal platform needs to do risk control and hedging, so many traders must keep in touch with the bank investment bank in real time in such a big booth, so it must use BB chicken, and making phone calls will definitely not work.Therefore, according to the number of BB, we can infer the completeness of the manpower and facilities of a platform trading department.Personal experience of more than one page belongs to reliable, sporadic 1 or 2 belong to at least in the business, none of them do not explain the garbage..
There are also a lot of personal comments asking me what ECN STP is better and so on. I once again emphasize that there is no ECN STP in retail foreign exchange margin. All platforms are positions with LP.
Even many large platforms will set up another LP company for their own business, which will be used for their own platforms and help other companies to handle their positions.The only difference is whether the platform you use is to take your own position or to just leave it all to another banker.The so-called ECN STP NDD is a marketing slogan to deceive Xiaobai and half hung employees, so we should not be caught in this mistake again.
Finally, I would like to reiterate that any overseas license is useless for retail investors in China, and any ECN or STP is also useless. The foreign exchange speculation of retail investors is specially designed for retail investors, which is different from the real foreign exchange market..
风控是交易的基础！微Macd1668
Jan 04 2021 at 08:55
You can check the services and reviews online or try to get some verification from the platform you want to trade with.
I would say to check the integrity of their regulatory body along with the genuine word of the mouth.
The trading platform must be functional, secure, and respond quickly to any changes.
The easiest way is, of course, to try it yourself and see for yourself.
A platform should provide good services and should be stable. You are right to say that it doesn’t matter if the platform is regulated or not and I believe as long as the trading conditions are suitable, it is okay to go with it. Like I’ve been trading with some brokers that fulfil my trading needs which are low spreads, commissions, fast withdrawals, good customer service. And in all these regards, Oanda, Fxview and TDA are good choices.
Feb 01 2021 at 11:21
The best way is to practice on a demo account first.
Feb 03 2021 at 11:25
Kazile posted:Yes, and I think the reliability factor to an extent comes from how well established a platform is. That’s why I think metatraders are so popular, especially MT4.
The trading platform must be functional, secure, and respond quickly to any changes.
Feb 03 2021 at 13:03
turnipfollow posted:It is also to do with the fact that all the commercial EAs we get in the market are built for mt4.Kazile posted:Yes, and I think the reliability factor to an extent comes from how well established a platform is. That’s why I think metatraders are so popular, especially MT4.
The trading platform must be functional, secure, and respond quickly to any changes.
Feb 04 2021 at 11:16
Kylealker87 posted:I would think so, and that’s why although I change brokers often, I always use MT4, even with many other platforms offered with them, latest being fxview and xtb, chose MT4 over Acttrader or xstation.turnipfollow posted:It is also to do with the fact that all the commercial EAs we get in the market are built for mt4.Kazile posted:Yes, and I think the reliability factor to an extent comes from how well established a platform is. That’s why I think metatraders are so popular, especially MT4.
The trading platform must be functional, secure, and respond quickly to any changes.
Mar 03 2021 at 09:33
The best way to determine this is to research your way into it. Testing out a platform can also work towards getting a fair idea about it.
Dec 03 2021 at 02:58
The platform on which you will invest must be secured. So it is necessary to choose a regulated broker. And it can be easily found by research.
Research on multiple sources to narrow down the ones that are candidates and then probably testing them out yourself.
If you can't spot the liquidity then you are the liquidity.
Regulated brokers need to choose a stable platform. It is possible to do risk free trading.
Dec 22 2021 at 19:15
skihav posted:A good option, in trading the demo platform can give good support for market verification.
Alternatively, work on a demo account with this platform. This is quite a good option to test the platform.
You can use this criteria: The legality of the broker, Company address is real, Forex award winner, Customer review about this broker, Bonus and promotion, Easy to WD the profit.No restriction to use EA, scalping, hedging..etc
Jan 02 2022 at 02:35
Akasuki posted:good information, Need to work with a regulated broker.
You can use this criteria: The legality of the broker, Company address is real, Forex award winner, Customer review about this broker, Bonus and promotion, Easy to WD the profit.No restriction to use EA, scalping, hedging..etc
Jan 03 2022 at 17:55
When you trade with registered and trusted brokers safety is not a problem.
Jan 04 2022 at 07:00
Any trading platform can be abused by untrusted brokers. So in my opinion you need to search for a trusted broker working under strict regulations.
There are some tips actually, how to determine the reliability of the particular platform. The main tip is to try it and yes there is no better proof than your personal experience. You have to allocate particular sum of money, even the smallest one and try to trade with the broker or on the platform. In this case you will clarify everything for yourself and you will be able to draw conclusions. To my mind, the safest way is just to try to find the reviews about this platform in the internet. As a rule, people honestly share their experience of trading with certain brokers or on certain platforms. So, here you should decide on your own.
