Exchange Blog Cryptocurrency Blog
-
Posts
155 -
Joined
-
Last visited
Everything posted by Milo Beck
-
From my personal liking it is the welcome bonus that we receive on deposit. It is great to have good bonus for starting since we are able to take extra bit of risk and still feel secured due to increase in capital, but it has to be from a reliable company not just any unreliable broker. I trade with OctaFX, it is very popular and respected broker in Forex industry. They offer me 50% bonus on each deposit that I do plus has no restrictions as how I use it.
-
What do you think a best broker choice?
Milo Beck replied to boltushkin's topic in Forex General Discussion
There is a totally different section for everyone, it starts from no investors to medium term and finally to been expert and successful trader we must select a company that has clear past and also good reputation amongst newbies. It is definitely not an easy job, but if we do hard work than it is not impossible either, so our work must stand out amongst all requirements. I trade only with OctaFX because I trust them only; they have the best trading platform like cTrader. It can easily be considered as the best broker worldwide, as it is already serving over 100 countries in just 3-4 years of their service with achievements like the Best Broker in Asia and Europe. Also, they have won the best ECN broker award. -
Ever since I started this Forex trading I have been using only one broker, it is OctaFX and I feel really proud to be able to trade through a company like OctaFX, it is one of the most respected, reputed and reliable companies in Forex industry at the moment. It won’t be wrong to consider them a complete all-rounder, as they have stuff available for all kind of traders. They have wonderful swap free account, it is ideal for long term traders like me, so I don’t fear keeping my trades because of no commission. They also have extremely low spread of just 0.2 pips and further lowering it is their famous rebate service where we receive up to 15 USD per lot size trading.
-
How to start trading without investment?
Milo Beck replied to riad99's topic in Forex General Discussion
It is not easy to start any business or work without having proper investment, but Forex is such a unique and lovely business, it allow us to trade with low investment yet it is completely possible to make gigantic returns. It gets even better with amazing broker’s like OctaFX, as they allow us to get all the benefit without investing a penny. I also belong to that list of traders that started without any money, but soon due to support and hard work are able to turn into great investors and profit makers. They have great demo contest from which I started and in my 3rd attempt I was able to win gigantic prize of 300 USD. I also used it for future investment with is giving me solid returns. -
Are you satisfied with your broker?
Milo Beck replied to mang_ncep's topic in Forex General Discussion
I am satisfied with my broker that is OctaFX, it is a company that I have been working for last 2 years and with every day or week passing I am loving it even more especially recently their amazing SuperCharged contest really made things great for me, as with my real account I had a chance to win some seriously fabulous prizes which included the amazing Tesla Model, SSmart Fortwo and Renault Twizy for first 3 winners and also had more 7 awesome prizes to be won! -
Do you think compounding is important?
Milo Beck replied to andry777's topic in Forex General Discussion
It depends completely on the situation, as for an expert and settle trader, it is obvious that he will compound, but a newbie will always be excited by profits and prefer to withdraw it and also having a broker that is trustworthy makes the difference in the decision of compounding or not. I always feel secured with compounding because I trade with OctaFX and it is a company that fully supports every decision we make. In fact they have great 50% bonus for us on all investments, so having money with them is like having it in bank account. -
Are you a long term or short term trader
Milo Beck replied to euro's topic in Forex General Discussion
I am able to do both, as when I started I was mainly a scalper (short term), but now I have learned to trade long term as well, it is necessary because scalping s too risky. I also thankful to OctaFX my broker, as they have provided me ideal conditions which helps in all styles. They have extremely low spread of just 0.2 pips for majority of the pair, therefore scalping is perfect there while with long term we can use their swap free account to carry the trade as long as we like. -
There are many traders who don't understand the true value of a good trading platform, it is highly important to select a good platform especially if we are doing scalping. When we do scalping even seconds can make all the difference. I love to do scalping thanks to OctaFX, as they have ideal platform cTrader. It is especially built for ECN trading, therefore all our trading orders are executed instantly without any requotes even in high events while with other brokers and their platform it is normal to get requotes.
-
Need a good broker with a little spread...
Milo Beck replied to LIAPLEBARSEDA's topic in Forex General Discussion
Although it is very important to trade with a broker who has low spread, as that helps us in scalping or quick trades, but it is something that alone can never be a reason for selection of any broker especially with our own money on the line, therefore we must look if it is a legitimate company and the reputation. I myself have selected OctaFX my current broker because it is a regulated and licensed company, so all my investment are completely secured and about trading conditions they are arguably the best by a huge margin with low spread of just 0.2 pips, high leverage up to 1.500 for all account including Micro and low stop out level of just 15% makes them a complete picture for all traders. -
It is so lovely to have contest, it should never be limited to just demo, but it is even better to have real account contest, as many times when we have our money on the line we are able to performance much better and even at times able to win. I started my career with demo contest with OctaFX, but now things have changed. I have now just the most amazing contest in the world by OctaFX, it is their Supercharged real account contest where we are able to win amazing prizes like Tesla Model S, Smart Fortwo, Renault Twizy and many amazing other prizes, so really having our own investment plus with these kind of benefits what else can be there to motivate anyone?
-
No matter how much we have invested or how much money we already have, it is a pleasure having bonus and it is even better to have a kind of bonus which can be useful for trading and can increase the weight. I always suggest using a known and popular company’s bonus, otherwise with scam brokers, it is useless due to not able to connect it with our trading. I am a huge fan of OctaFX, as their 50% bonus on all deposit is not only the highest by any ECN brokerage company in Forex industry at present, but also it is extremely useful for the overall capital. It is great especially for newbies due to them not able to invest too much.
-
Get free money to trade from a good broker
Milo Beck replied to anandaraj's topic in Forex General Discussion
It is really easy to get free money or the no deposit bonus from various brokers, but to make profits and then to withdraw it, that is the difficult task, as 90% of the brokers put such restrictions that it is impossible for any trader to make withdraw or reach towards the chance of it, so no matter how tempting a bonus is we must look at the conditions before applying for it. I use OctaFX 8 USD no deposit bonus where there is minor conditions which can be completed by most traders and i have been able to make over 200 USD profits from it and also withdrawn it smoothly, therefore i will suggest it to everyone especially newbies who are always looking for good offers. -
Fixed or floating spread account?
Milo Beck replied to boltushkin's topic in Forex General Discussion
All I know when trading is that I prefer to have a low spread that is suitable for me in trading, it does not matter if it is fixed or floating, but of course floating does not mean it change regularly, but just sometimes. I trade with OctaFX due to their low spread of just 0.2 pips for all major pairs, but it is floating yet it mostly remains the same most of the time while in big events it stays below 1 pip which is extra ordinary, as all other brokers have it well above 5-6 pips. -
What do you think about free deposit from broker promotion?
Milo Beck replied to kaito kid's topic in Forex Newbies
In my view it's lovely to have such promotions, as not only it is great for newbies, but even for experience traders it is very useful to try their luck. It is equally important to take only genuine offers and don’t get into trap of scammers, therefore I will highly recommend OctaFX, as they offer 8 USD no deposit bonus which is completely genuine and we can make huge profits from it while there are no restrictions for withdrawing either as it is instant. -
I have been practicing Forex trading since i was 15, but been too young it was never possible to trade too freely or regularly because of studies pressure and less time to use computer, but every time i got vacations i used to practice so much in demo account and after finally turning 18 i was capable of trading for much longer time due to my own laptop. There was still problem of lack of investment, so I was trying to find a way to get the funds for it. I was really good at trading, so only good opportunities were lacking, but thankfully i found the Best broker in the world OctaFX. They had fulfilled my dreams of able to trade without investment, yet get the equal amount of benefits because of their lovely demo contest like Champion and cTrader. I have already won almost 3-4 times with prizes above 500-1000 USD which turned my life upside down and now i am 22 and my life is settled. I do Forex trading full time and make consistent income all thanks to OctaFX for giving me and many newbies such an ideal platform!
-
Want to know how brokers make profit from your loss ?
Milo Beck replied to abdulla1's topic in Forex Newbies
It is very interesting, but to be honest i feel it is way too much complicated for a newbie to understand this stuff; therefore it is useless to go in such details. Mostly a true broker is will make earn by spread no matter if we lose or win. I love trading with OctaFX, as they are a true ECN company so they offer a very low spread of just 0.2 pips only by which they earn without any extra fees or hidden charges. -
OctaFX is indeed extremely popular due to their wonderful conditions they have for traders especially with the low spread of just 0.2 pips and arguably the fastest execution of all trading orders with guarantee of no requotes even in the most happening and moving news events, therefore there is no doubt they are the best and winning 8 awards in just 3-4 years just prove that, as no broker is able to achieve this milestone before, but only due to mind blowing service they are able to achieve it.
-
I am a really huge fan of OctaFX, as they provide me lovely conditions which include a complete section which is helpful for newbies. They have Economic Calendar which is wonderful for me, as I can set it according to my time zone and know all the important news releases for the coming week and also the values are up updated as soon as the news is released and also their special news trading section where we are updated with latest happening which can save us from disasters.
-
I think majority of the brokers can earn from spread only and the remaining ones try to just steal our money which is what they earn from, therefore we should select only a good broker like OctaFX, as they have amazing offers like 50% bonus on all deposit while also they have wonderful free news and analysis system which we can follow blindly and still expect to be successful while they also have special system where we can follow the best traders and that all combines to incredible combo which will make even a newbie successful.
-
I would definitely select Forex, as Stock Exchange requires too much professional stuff and also we cannot work there with low investment and even with something like 100-200 USD we will never be able to make much returns but with Forex even 10 USD can be enough to give us good income regularly especially with OctaFX’s amazing offers like 50% bonus, low spread of just 0.2 pips, high leverage up to 1.500 levels, so that makes Forex so much better to Stock Exchange.
-
After reading the headline the first impression was that I would completely disagree since we need to be happy with what we have, but after reading the post completely I would agree. Yes, we should definitely be hunger for more and not settle with little or get lazy, but always remember be happy with whatever you have but always be determined to achieve more by hard work and passion. I always expect so much from my broker OctaFX and it is great that they also give me everything i wish, as they have such a low spread of just 0.2 pips which is away better than any other broker and also it is for all major pairs while we are guaranteed to get our orders opened within the fastest time possible.
-
More than one account with one forex broker; is it advisable?
Milo Beck replied to flybiz08's topic in Forex Newbies
Mostly it is highly risky to have multiple accounts in Forex that too with the same broker, as many brokers search for reasons to eat up a traders profits or earning and if we have multiple accounts than it could give them an excuse to do just that, therefore trade with a quality broker that has written permission for it or just ignore it. I am lucky in this case as my broker OctaFX has given me complete freedom, so we can open as many account as want and the best part is we will receive 50% bonus every time we deposit money on any of these accounts while also there with their cTrader platform we can also manage them at the same time, as it is a rare platform which allow us to handle multiple accounts at the same time.- 79 replies
-
- trading with same broker
- pro & cons of n no. of a/c
- (and 2 more)
-
Yes, in a business like Forex trading it is important to know how it works and gets proper education, knowledge and experience only than we will be able to build skills and become capable traders and it is not just in Forex but also with brokerage companies that we deal with. It is equally important to know the brokers well because if we don’t there is great chance that we could face heavy losses, therefore I suggest a broker like OctaFX which is really reputed and also have great popularity amongst experts while there is huge craze with newbies due to various contest like cTrader and Champion where we can win prizes like 1000 – 500 USD which is extra ordinary for newbies.
-
I don’t think there is any broker that does not have a free demo account. If we talk about 10-15 years back then even demo account was available only after paying a fees, but now we are free to open as many demo accounts as we like. That is what has made Forex so much popular due to such amazing offers. I would also share the credit to brokers like OctaFX, as they offer free demo account but the additional benefit of making it into a contest account is wonderful. They have various demo account like Champion and the latest cTrader where there are prizes up to 1000 to 500 USD and also we can participate regularly without any restriction.
-
In my view the best tip for a newbie would be to stay calm and compose, as that is what will help us to become successful and also it is important to trade with only with a trustable broker like OctaFX. If we are not able to trust any broker than it could hurt our working also, that's why i trade with them. OctaFX has great reputation along with fully secured and up to date system for trading. They also offer various offers like low spread of just 0.2 pips and high leverage up to 1.500.