Exchange Blog Cryptocurrency Blog
-
Posts
2,291 -
Joined
-
Last visited
-
Days Won
8
Everything posted by uncle gober
-
The number of pairs trading in the broker does vary, but certainly more choices pair so many opportunities that we can get to be able to make trades with optimum. The brokers that I use now is Armada Markets, you can trade 62 currency pairs, spot gold and silver. And what about your broker?
-
Good broker will use a system of separation of funds between fund companies and fund traders, so that traders will not have trouble when doing WD and Deposits Do you use a broker to use this system? my broker told me that a separate fund means your money is held separately from our company's capital. We can not use the funds you except for your trading goals.
-
Average scalper or IB want that scalping is not limited by the system that causes a loss, if we see there are certain rules that it could reduce revenues IB or trader with trading time and number of pips Have you ever experienced that? I have never experienced this during the trading in Armada Markets, they allow any trading strategy. You can scalp, using the use Expert Advisors (EA), hedge your position or trading during news releases without any restrictions
-
Now several websites including one of which is www.myfxbook.com show comparisons between brokers spread in the world as shown in the screenshot below Do you believe this?
-
Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
Reason 1 why our clients are Smart Traders: They trade with the lowest trading costs on this Planet as our average EUR/USD spread is only 0.2 pips. If the average spread at Broker X is 1.0 pips, then trading cost per 1 lot would be 8 USD higher compared to Armada. It all starts from Smart decisions: www.ArmadaMarkets.com you can view our EUR/USD spread real-time here: http://www.myfxbook.com/.../armada-markets-ecn.../1139,1- 20 replies
-
- reviews
- forex broker review
- (and 4 more)
-
What do you think a best broker choice?
uncle gober replied to boltushkin's topic in Forex General Discussion
In my broker, Client can choose the appropriate leverage when they open the account or at a later by contacting customer support. The default leverage is 1:500. Higher leverage means higher risks. Trading condition : Forex instruments: 62 currency pairs, Execution model: DMA, NDD , STP, Margin call / stop-out: 100% / 30% , Trading style on Exchange account: all trading styles are accepted including high-frequency and high volume trading with EA-s and algos, hedging allowed -
I also do a calculation of margin on each trade based on the leverage that I use so I could find out how much margin is used. I usually use a lot 0.01 and a leverage of 1: 500 when I trade in Armada Markets. with this margin calculator we can calculates the minimum account balance required in order to be permitted to open the specified trade at the selected leverage and lot size.
-
PAMM accounts are useful to investors, but now in addition to the PAMM account also contained a copy of the trading system in which a trader or investor can trade with traders who have a good trading system directly. In my broker now, trader can use the facilities of MYfxbook Autotrade . These facilities help traders can trade alongside the already well-known trader.
-
whether educational video helpful
uncle gober replied to TenkoFx's topic in Forex General Discussion
Forex Trading Video Tutorials Armada Markets’ Forex Trading Video Tutorialcontains hours of video dedicated to multiple Forex aspects you need to become a more knowledgeable trader. Every nuance of trading at Forex market is covered in this simple and easy to catch tutorial – from basic concepts to advanced skills. Learn Forex trading in an easy way! -
Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
Global FX Liquidity Pool Credit Suisse | JPMorgan | Goldman Sachs | Citi | Societe Generale | UBS | Barclays | BNP Paribas | Bank of America | CIBC | Commerzbank | Deutsche Bank | Dresdner | HSBC | Morgan Stanley | Nomura | RBS- 20 replies
-
- reviews
- forex broker review
- (and 4 more)
-
concentration is more needed in any place not only Forex market because if you not focus your point accurately then might be missing some one so always try to make your concentrate 100% in any business.
-
Which broker do you trust to invest your money ?
uncle gober replied to kaito kid's topic in Forex General Discussion
Yes Regulation also important. Regulations may make reference to us that the broker is the legality has been recognized that they have a clear working system even though it is not one hundred percent of brokers who have a regulation providing satisfactory services to traders. -
There are many business in the world.And from them forex is the riskiest business of all. There are many traders who do not like risky business and want low profit,so they ignore forex. Because forex is a business of high profit and high risk. It depends on traders attitude to the business. But only forex is the business where a trader does not need huge investment.
-
The easiest way to check the spread is from your Market Watch window inside the Metatrader4 terminal. We've highlighted the EUR/USD in the window where you see that the spread is 0.1 pips (difference between Bid of 1.33849 and Ask of 1.33850). So, why are low spreads important? Spread and commission is the cost of trading. For example if you trade 1 lot of EUR/USD which is equivalent to around 134,000 US dollars and the spread is 1 pips then your spread cost is 10 US dollars. Let's take a look at the spreads of Armada Markets on Exchange account. the spread on EUR/USD is 0.3 pips (courtesy of Myfxbook). If you traded (open and close order) 1 lot of EUR/USD right now then your spread cost would be 3 US dollars. Spreads fluctuate all the time depending on the market conditions and they can go as high as 2 pips, even 5 or 10 pips if there is maximum uncertainty and some big news come out. Big news are central bank interest rate announcements, major economic news (US jobs report, EU retail sales, etc). Let's imagine that the same trader has also a trading account with another FX broker named BobFX and their average spread is 2 pips. The spread cost per on lot of EUR/USD would be 20 US dollars. As he made 100 trades then the total spread cost for him would be 100 * 20 USD = 2,000 US dollars. So, at Armada your spread cost for 100 trades would be 100 US dollars, while at BobFX it would be 2,000 US dollars or 1,900 US dollars more. This means that also your profit at BobFX would be 1,900 US dollars less compared to Armada.
-
Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
FX Leverage Clients can choose the appropriate leverage when they open the account or at a later by contacting customer support. The default leverage is 1:500. Higher leverage means higher risks. Trading conditions Forex instruments: 62 currency pairs Precious metals: gold and silver Leverage available: 1:500 Trading platform: MetaTrader 4 Execution model: DMA, NDD , STP Base currencies: EUR, GBP or USD Min trade size: 0.01 lots Margin call / stop-out: 100% / 30% Primary trading server: London (backups in New York) Trading style on Exchange account: all trading styles are accepted including high-frequency and high volume trading with EA-s and algos, hedging allowed, FIFO rule is not applicable- 20 replies
-
- reviews
- forex broker review
- (and 4 more)
-
Which broker do you trust to invest your money ?
uncle gober replied to kaito kid's topic in Forex General Discussion
Yes, Regulated broker provide us a comfort also security of funds. many broker using segregated account concept. my broker also use this. Segregated funds mean our money is held separately from our own capital. they cannot use our funds except for our trading purposes. -
Need a good broker with a little spread...
uncle gober replied to LIAPLEBARSEDA's topic in Forex General Discussion
Spread is the difference between the bid and ask price. The lower the spread the higher is your profitability. my broker have floating spreads from 0.0 pips on Exchange account and Classic account with variable spread starting from 1.2 pips. They allow all trading strategies. You can scalp, use expert advisors (EA-s), hedge your positions, do high-frequency trading (HFT) or trade during news releases. -
Trend trading strategies your best friend in forex?
uncle gober replied to yogeshwartyagi's topic in Forex Newbies
I think a more profitable trading method is to use the principle follow the trend. our chances to get a bigger profit of course. I also use this principle when trading based on the news. trade using news should really pay attention to the movement spread. I was lucky to have a broker who did not experience widening spreads so trading I did become comfortable -
More than one account with one forex broker; is it advisable?
uncle gober replied to flybiz08's topic in Forex Newbies
have multiple accounts at the broker would make us a lot of choice in determining the best brokers that we will use, I also use several brokers before this. The latter uses a broker Armada Markets. This broker is very suitable for the type of trading me where I can use scalping system performance without requotes- 79 replies
-
- trading with same broker
- pro & cons of n no. of a/c
- (and 2 more)
-
Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
Armada Markets is the new way of trading – extremely low market spreads, no-requotes, full STP and DMA, absolute transparency and the latest trading technology. We have direct ECN and exchange liquidity among others. We are highly rated among scalpers and traders using Expert Advisors and algorithmic trading models.- 20 replies
-
- reviews
- forex broker review
- (and 4 more)
-
forex change our living style ?
uncle gober replied to showrov1993's topic in Forex General Discussion
forex will be the unique system for changing the lifestyle. It alters your mind with present day age of trading. It increases the skills that are very valuable in carrying out trading. Well, I think forex can certainly change living style. -
Trader must be able to control emotion, including greed. Thankful for what we've get in forex. we can use small amount in forex. We can try to hone how to control emotion in forex. In Armada Markets, trader can use classic account , it will be a way to maximize skill
-
now a lot of people interested in the forex business because a lot of the convenience offered. one of the main attraction is the ease of access to trading and market liquidity. now, we can deposit money in forex broker to trade either a market maker or ECN. I am now more prefer to use ECN brokers, ECN broker provides you direct access to the market. The broker earns only from commissions paid by the customer. Armada Markets is one of ECN broker, the broker has a speed of execution and low spreads are needed by traders to do scalping to Achieve maximum profit. this is usually the main thing when traders decide to choose the right broker for scalping. based on my experience, Armada Markets gives traders especially for scalpers with very good platforms.
-
Many brokers criteria that must be considered. I now choose a broker of the system as well as trading conditions that give the best benefit to me. I now use a scalping system to trade. to do scalping require server speed and accuracy of execution without requotes. I get this when trying to trade in Armada Markets to open ECN account.
-
Armada markets Armada Markets - www.armadamarkets.com
uncle gober replied to uncle gober's topic in Forex Brokers
FX Quotes Spread is the difference between the bid and the ask price. The lower the spread the higher is your profitability. We have floating spreads from 0.0 pips on Exchange account and Classic account with variable spread starting from 1 pips.- 20 replies
-
- reviews
- forex broker review
- (and 4 more)