Recent content by NadalEs

Why don't you try educational videos offered by fp markets, xm etoro ? I mean, I'm not against learning from YouTube and other articles but as you said, there's so much out there and personally I need everything organized in one place. You know, so it's easier to keep a track of what I've learnt...

MT5 is quicker and more efficient than MT4, but it does not replace the prior platform because it is unique and provides more than MT4. MT5 allows you to trade more instruments in nearly all financial markets, including forex, equities, indices, commodities, and even cryptocurrencies.

Trading commodities lacks the leverage that trading currencies does. Currency investment can be used as a technique for diversification. You may use hedges to guard against political and event-based risks with your FX investments.

I traded with numerous brokers and rotated between them, but I eventually chose to continue with FP Markets because their spreads start at 0.0 pips in both major and minor currency pairings.

The EURUSD is the most successful pair for most traders, and it is for me as well, but I also enjoy utilising smaller currency pairings such as AUD/GBP, which are profitable when employing excellent tactics and trusted brokers.

For me, the MT4 is best because I trade currency pairs and the MT4 is most suitable for that.

As far as I remember, EUR/USD seems to be the most traded currency pair in the world, taking about 30% of the total multi-billion dollar Forex turnover. And it is not surprising, since the economies of the US and the European Union are the largest ones.

I suggest beginners trade manually so that they can learn and comprehend trading so that they can also develop forex skills. It is also not safe to depend on EA all the time.

Since I'm a scalper, I prefer using the RSI strategy, which helps in finding entry points that go with the prevailing trend.

The EURUSD is the best pair to trade with for lower risks and loss rates. The volatility is lower and can be predictable with propper money managements skills and strategy.

I prefer manual trading because in manual trading, beginners can learn about the forex market in-depth and create various skills or strategies for consistent profit and the only drawback is you need to keep track of your trades always. And EA trading requires a higher balance, which is a...

In my experience with many brokers in the past, I can say FP Markets is a good broker with a maximum leverage of 1:500, and the withdrawals have been smooth so far without any issues.

Lower spreads are good because it helps gain profits, which is why I trade with this ASIC broker known as FP Markets because of its lower spreads that begin at 0.1 pips for most parts of the day.

Among the broker i have traded so far I can say FP Markets is a reputable broker for me since they are regulated and have been active from 2005. No major issues have occured like server freezing or spreads widening from the moment I started trading with them.

Older brokers are reliable compared to new brokers because older brokers have the forex business experience, and for them to be active for so long, they have to maintain a good reputation with the regulators and their clients. I currently trade with one of the oldest brokers, FP Markets that...