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Liquidity on the forex markets enables you to trade with less risk. A wide range of factors, including geopolitics, economic stability, legislation, natural disasters, and trade agreements, affect the market. A slight change in any of these causes a significant movement in the market.
For me as a scalper, MT4 is the best platform because it offers basic tools and trading conditions that are appropriate, and most currency traders prefer it over other platforms.
To my knowledge, the EURUSD is the safest currency pair to trade because of its lower volatility and high liquidity, even the spreads are lower than other major currency pairs.
Both are important because the demo account is the first tool for beginners to gain experience on how the live market works and get used to trading platforms and their software features.
And live trading is the actual trading where the traders can invest and earn profit by using their trading...
A broker with regulation and that has been active in forex business for many years with good reviews and rating from other traders are reputable brokers, in my opinion.
For example, brokers like ICM and FP Markets have been active in the forex business for more than ten years with proper...
I suggest FP Markets Raw ecn account, the spreads and commission are lower when compared to other ECN broker. Since ASIC regulates it, they adhere to strict capital requirements.
Check out FP Markets, they offer some of the lowest spreads out of the main Regulated brokers.They are ASIC Regulated since 2005 and their ECN account has spreads as low as 0.0 pips
Based on my personal experience FP Markets has been pretty good, I've been trading with them for close to a year now.
And about the reliability, you don't really have to worry much as FP Markets adhere to strict capital requirements and is regulated ASIC and CYSEC (EU)
From my Experience dealing with multiple brokers, FP markets has been the most reliable. They are in business for over 15 years and are very transparent with how they operate.
FP Markets has better spreads and lower commission when compared to other brokers. So definitely an advantage if you...
Hey Iremc welcome to forexforum, I'm a scalper as well and currently I trade using FP Market an ASIC regulated broker.I trade with their MT4 platform, they have some of the lowest spreads starting from 0.0 pips and they only charge $3 per lot.
So choosing FP Markets will definitely be an...
Based on the reviews I can see in forums and even across the web, seem FP Market are getting positive reviews than IC Markets?
In general FP Markets seem to be a older company, have better spreads and lower commissions, but still ICM seems to be having a big client base, not sure how clients...
Loss is unavoidable in forex trading. Being a forex trader losing trade and money is especially run of the mill for me. Any person who trade in forex for long can not keep the truth from asserting losing cash here routinely. Winning and losing are an imperative part in forex trading.
Regulation is here to protect the clients and investors. The regulation also helps build trust between brokers and their clients, since most clients often don't have the time to go through each investment. Thus they depend on trust, and regulation can help build that trust