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Justin990
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Justin990
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Best forex demo account brokers
ใน
ทั่วไป
Sep 29 2022 at 08:32
You do not need a best broker to trade on a demo account. Most brokers provide a free demo account and some brokers, like Vantage and FP Markets, also provide educational materials for beginner traders to learn about forex and trading methods.
Which pairs are your least favorite to trade? And why?
ใน
นักเทรดมือใหม่
Sep 29 2022 at 08:32
My least favorite and the currency pairs I avoid trading the most are exotic currency pairs because they are high in volatility and harder to predict compared to major or minor pairs.
Which broker is better
ใน
นักเทรดมือใหม่
Aug 09 2022 at 11:35
Compared to all the brokers I have traded with in the past, FP Markets is a better broker because their trading conditions are robust with a minimum opening balance of $100 AUD.I have been trading with them for over a year and have never come across any major issues like spreads widening or servers freezing. Even the customer service is quick in responding to most of my queries.
Demo Trading Advantages
ใน
ทั่วไป
Aug 09 2022 at 11:34
In demo trading, there are a lot of advantages because there is no real risk or money involved. Newbie traders can use the demo account to develop their trading skills and come up with various strategies.
Broker recommendation!
ใน
นักเทรดที่มีประสบการณ์
Jul 19 2022 at 14:17
Of all the brokers recommended here, I agree with FP markets since their trading conditions are robust with faster execution speed of 1 ms when I use their VPS and the spreads in EURUSD are stable even when the market is volatile.
Which broker is better
ใน
นักเทรดมือใหม่
Jul 19 2022 at 14:17
I have traded with several brokers in the past and now I trade with FP Markets, which I find is a better broker because their trading conditions are robust and they have over 10,000 different instruments to trade global stocks and commodities.
Is CMC Markets and FP Markets suitable for beginners?
ใน
นักเทรดมือใหม่
May 10 2022 at 08:26
I am not sure about CMC because I have not traded with them. I'm currently a trader with FP Markets and from my experience I can say it is suitable for beginner traders because they have an opening balance of $100 AUD with a commission cost of $6 per turn lot.Their customer service is also quick in answering most of the clients' questions, even when you reach them through live chat or email.
Broker
ใน
ทั่วไป
May 10 2022 at 08:07
I trade with an ASIC registered broker known as FP Markets. They provide some of the best trading conditions with a commission cost of $6 per turn lot which is lower when compared to most ECN brokers.
Anyone suggest me best broker for forex trading?
ใน
นักเทรดที่มีประสบการณ์
Jan 27 2022 at 07:53
I can suggest a few good brokers like Global Prime, CMC and FP Markets but it also depends on your trading skill and experience.I've been trading with FP Market from a beginner level, their trading condition were suitable for me because the spreads and commission costs were lower which was perfect for me while scalping.
Which pair do you use?
ใน
นักเทรดมือใหม่
Jan 27 2022 at 07:48
I trade with a EURUSD pair currently, but also jump to pairs like GBPUSD and JPYUSD since their volatile in nature and the spreads seem to be much lower with my broker FP Markets.
Which forex platform we can consider for demo trading?
ใน
นักเทรดมือใหม่
Jul 09 2021 at 14:46
Since it's a demo account, you can also practice using both platforms, the MT4 and MT5, to find the suitable one for you.I used the MT4 because it focuses mainly on forex.
Looking for reliable ECN brokers...
ใน
ทั่วไป
Jul 09 2021 at 12:13
I recommend trading with FP Markets, a reliable broker. I trade with their raw ecn account that offers some of the lowest commission costs and slippage.The customer service is prompt in answering any forex queries, even through emails and live chats.
EUR/USD
ใน
นักเทรดที่มีประสบการณ์
May 12 2021 at 13:47
Most major currency pairs were mixed against the US dollar in European and US trade. The Euro was between US 1.2125 and US$1.2180 and was near US$1.2145 at the US close.
To Demo or not to Demo
ใน
นักเทรดมือใหม่
May 12 2021 at 13:45
Not everyone is a genius when entering into forex. The demo account was made not just for beginner and newbies but also for experienced traders to try out their new strategies without taking any risk.Some gain knowledge about live forex just be theory, but most first time users would understand only when trading with a similar live account, and no one would want to risk their money without having practice which is why a demo account is useful.
Can withdrawals be processed in less than a day?
ใน
นักเทรดมือใหม่
Apr 19 2021 at 13:18
From what I have seen so far with forex brokers, it mostly takes a week, and for some, within few business working days like my broker, FP Markets usually takes three to four days.
Leverage
ใน
ทั่วไป
Apr 19 2021 at 13:11
I agree with allenaguilar. There is no right leverage ratio to trade. Choose a reliable broker and trade with leverages depending on your experience in forex that has a lower risk rate.
New traders love scalping
ใน
ทั่วไป
Mar 31 2021 at 15:09
New traders love scalping because scalping is one of the quickest methods to earn profit within minutes, but it also comes with certain risks involved; if not careful, newbies can end up blowing their accounts.
Best ECN pricing broker for scalping with lower spreads
ใน
นักเทรดที่มีประสบการณ์
Mar 15 2021 at 14:28
Compared to the Ecn brokers i have traded in the past I recommend FP Markets as better ecn broker to trade for scalping because the spreads are lower and their execution speed is faster.
Pure ECN broker
ใน
ทั่วไป
Mar 15 2021 at 14:26
I currently trade with an ECN pricing broker FP Markets that offers lower spreads and slippage compared to other similar brokers. Their customer service is also prompt in replying and solving client issues.
ASIC leverage down
ใน
ทั่วไป
Jan 07 2021 at 15:28
Any idea on how much ASIC has restricted the leverage down to?
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