radex78

Different traders could choose different brokers, as long as they felt comfortable using the services broker, hence in trading also will more comfortable to working to make a profit from trading activity, as day trader we work everyday market open. I use FXOpen so far and the broker is also a good broker, get an award to become the best ECN broker in 2021 by IAFT and get award as innovative broker in 2022 by Traders Union.

When we work trading in real accounts, will get real trading experience already involved emotion in trading because working in real accounts we want to make a profit and fear to losing money, this could impact to the trading habit, and we must work fully disciplined based rules trading.

Professional traders who take part in the forex trading championship 2023 at forexcup.com need starting balance of $5000, with proof of real statistics the first rank now gained 305.24 % updated April 20, 2023, a trader from Turkey become a winner in FTC 2022, and seems now he still a because the leader in standing position.

Trading with FXOpen ECN broker environment makes comfortable in every order made always instantly executed only in millisecond, I like scalping trading as a short-term trading strategy to catch small profit and small risk in every single order, choosing pair like EURUSD for scalping often get zero spread.

Probably different broker has different policy about this, swap is usually charged by calculation using a formula for a different interest rate of a central bank, each currency has its own central bank interest rate, a number of swap fee also depends on the position of the order, buy or sell any pair that traded, it is possible to get positive swap if you trade on the pair with higher interest rate and lowest interest rate.

Using ea indeed gives benefits like ea being able to work all day long without being tired, however, depends on ea itself, good ea of course already able to survive more than two years and still profitable, it is not wrong if any traders has profitable trading strategies then created ea based its strategy

So far I still trade manually, finding a good ea is not easy for me, I try several EA but only blown account eventually, so I prefer manual trading because can manage the risk-based own preference, using ea need more cost to hire VPS.

Risk in trading always be there, every single trade in forex trading has potential gain and loss with at least 50:50 percent, and our first loss is taken by a spread broker, so choosing a low spread broker also matters in forex trading to reduce transaction cost, here I use FXOpen because this broker regulated on ASIC, FCA, and Cysec, and offer low spread from 0.0 pips in major pair, and possible getting negative spreads if use TickTrader platform.

In trading forex, we can manage the risk using stop loss, and learn well how to submit quality trading, however, in the binary option it is only rely upon luck because the order closed based on time. not prices.

Choosing the broker eventually back to each trader will, as long as traders feel enjoy and comfortable using the trading environment in these brokers, usually will keep sticking to using the services of the broker, like I already choose FXOpen as my favorite broker already trades with them more than nine or ten years and so far so good.

Yes, each trader has their own choice to choose a broker, as long as we can comfortable minds and make money from forex trading, we get benefits from this business, like as me more comfortable trading using FXOpen.

It is possible there are different charts between demo and real-life trading because of the different servers, in addition, the broker is a dealing desk broker, trading with this company you may face some issues like profit canceled, account blocked when withdrawing money with reason account detected by antifraud department make cheating, etc.

FCA and ASIC included top tier regulation agencies, and there is a good broker used under both licenses, including use FXOpen broker also regulated by ASIC and FCA, this company has more than 16 years of experience in the financial market.

I still use MT$ trading platform most to use in daily trading with FXOpen, I ever try to use MT5 but eventually still comfortable to use MT4. Besides using MT4 in PC also use TickTrader platform

Trading in the forex market I have been using FXOpen for a long time more than nine or ten years and this company still become a reliable broker and get awards as an Innovation broker from the Traders Union, the company regulated in three jurisdictions, ASIC Australia, FCA UK, and Cysec Europe. Trading condition is good scalping and robot trading is allowed.

Yes, a demo account is free without any risk, and is sometimes used by experienced traders to make backtest trading before applying in the real trading account, sometimes I use demo ECN FXOpen to backtest a trading strategy.

There are so many brokers in the forex world, and each trader eventually chooses the best one for them, as I choose FXOpen and trading with this broker already more than 10 years and so far so good, there are options to deposit and withdraw using cryptocurrency too like as Bitcoin.

A demo account remains useful for all traders especially beginners because, in a demo account, we can learn trading without any risk, some so many traders fail in less than six months if beginners can pass successfully more than six months in the demo, it means ready to fight in a real battle in the forex market. The demo is useful to exercise trading skills, and prepare the weapon later in a real account, despite I trade in a real account, sometimes still use demo ECN FXOpen to try a different strategy.

I see some brokers offer bonuses as the main promotion, however, the bonus usually hides certain rules, before taking a bonus, traders need to read the term and conditions, and many beginners can't make money from bonuses because of the strict rules to eligible withdraw money. Professional traders, they ignoring the bonus but will research trading conditions, spread brokers, regulations, review, etc.

Firsts and basic thing to start any business is learning to get educated about the business, how it works, how to work, etc, then take action, starting a business without taking action will never get real experience, and we can't learn from it. How to start forex for novice traders I suggest learning basic forex, by reading from various resources like babypips, joining the forum forex community, and practicing a demo account, you can try demo ECN FXOpen to practice without any risk. Make sure worked in the demo account and already finding suitable trading strategy and profitable befor go to live account. Because harder to a live account compared with a demo account, it's about psychology, treating real money, and virtual money is different in minds.

There are so many traders use demo account to show their trading performance very well, however trading in real account will more get a feeling, emotions already involved there, fears, anxiety, greedy etc, however demo account remain useful to backtest trading straregy.

Some traders maybe like to use expert advisors to automate their trading without human intervention, before using ea in a real and live accounts, they need to forward test using a demo account first, it indeed takes a time, however, if ea works well it will possibly make good trading in real account too.

Learning forex now get easier from various resources, and the best teacher is experience that will give valuable lesson, although we learn from the best mentor if not change the wrong mindset, it will face difficulties to success, trading forex is not only about knowledge, but combinations knowledge, and mental trading, you can learn from FXOpen blog and practice in demo ECN to choose your favorite instruments.

Usually, I only spent money that affords to lose, I ever use $2000 and grow a good profit, but how make consistent is not an easy thing in forex trading, sometimes today make a good profit, but the next trade faced a loss, however, I still fun in the process. I see there are some other traders starting with $5000 and maybe more, I think it depends on each trader's preference. If you want to join Forex Trading Championship in the forexcup dot com, it is need $5000 to joined

I am trading with FXOpen broker and use the smallest lot size 0.01 with open multiple pairs in the MT4 platform, although open multiple platform, however in trading I only choose one pair to traded, or two pair only with use risk management plan, sometimes I also trade using TickTrader terminal.