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I recommend FP Markets for scalping. I trade using the Raw account, the spreads began at 0.0 pips in major currency pairs like EURUSD, GBPUSD, JPYUSD etc...
The commission cost and slippage are lower than their competitors, since it is regulated by ASIC they are reliable and adhere to strict...
From my experience, I suggest avoiding trading with higher value if your a beginner or do not have enough experience in forex trading and try to understand price action & money management because these are very important factors in trading.
In my opinion, I prefer trading with FP Markets because it is more than 15 years old and has an ASIC regulation and it is considered as one of the safest brokers to trade.
I've been scalping with them and did not face any issues with their spreads or executions.
I prefer choosing brokers that have been active in the forex business for ten or more years with proper regulation.
Since I'm a scalper, I would seek a broker with tight spreads and fast execution, so choose a suitable broker for your trading style.
I'm a scalper and is anyone trading with a broker that offers lower spreads and commission? since my previous broker's spreads (Fxm) were not stable during high market movements.
I have experienced the exact thing, while in demo most of my trades have been profitable, but when I entered the live trading, it was a lot more complicated than demo.
The experience in live trading is required more than trading in demo is what I have learned.
What about FP markets? Is anyone currently trading with them? Been looking at some reviews and most of it was positive.
How is their spreads, is there any issue with spread widening?
Fairly new to FX, been doing demo for the last few months. looking for an reliable broker with regulation and 10 or more years of experince to start live trading.
Brokers with tighter spreads and leverage of 1:500 would be good, any suggestion on such brokers ?
Anyone still using the same strategy when you were a beginner and entered live trading for the first time ?
Is there a common strategy that every beginner should follow when entering into live trading for the first time ?
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