Leander

If you are a very well experienced trader, then using a large capital is sensible, but being a beginner in forex, it is always better to start low so that it would be easier to recover from loss and experience more live trades.

Regarding lower spreads and commission cost both brokers are quite similar but FP Markets has a better execution speed and the spreads are much stable compared to ICM.

Scalping is profitable if you use the right broker that is suitable for you. For example, I prefer trading with a broker that offers lower spreads in EURUSD currency pair, and FP Markets suits the criteria I'm looking for in a broker to scalp.

There are several brokers that offer a free demo account to trade. I use to trade using FP Markets demo account because they have an Education center that offers in-depth daily technical and fundamental analysis for beginners venturing into FX.

For beginners trading with small capital is a better way to learn trading because the risk involved is lower, and beginners can experience profits and losses in a live trade.

Choose it based on the trading style. I prefer scalping, so my broker of choice is FP Markets because they have tighter spreads and faster execution with lower commission cost per lot. Similarly, choose the broker based on the preference of your trading method and requirements.

Scalping is easy for beginners to understand where a trader can open and close traders quickly, and it is also a quick way to earn profits. Still, you need to be careful while scalping because it could be pretty complicated to predict its direction.

I prefer trading with an old broker because they are much more reliable, which is why I trade with FP Markets, an ASIC regulated broker that has been available for over 15 years. Their spreads and slippage are lower when compared to other brokers like ICM and pepperstone.

I agree with Paul 12, FP Markets spreads, and commission costs are lower when compared to other ECN brokers. The other main reason why I trade with them is because of their reliable customer support and they are prompt in replying to most of my queries.

Is it possible for a novice forex trader to make gains overtime without interruption?

In my opinion, I find FP Markets a reliable trusted broker, they are active since 2005 and regulated by major providers like ASIC and CYSEC. Customer support is also quick in responding to issues and did not face any major issues with spread widening or during the deposit/withdrawal process.

I would recommend FP Markets, they are reliable being regulated by ASIC. You can start with a deposit as low as $100. Their trading conditions are some of the best too, spreads from as low as 0.0 pips and execution speed less than 40ms as their servers are located directly in NY4 Equinix server

I decided to trade with FP Market mainly because of the overall positive reviews online and the fact that they are in business for over 15 years Regulated by ASIC.I mainly scalp with FP Markets and the minimum spread for trading EUR/USD is 0.0 pips and the commission is $3 per lot, which is relatively low compared to other similar brokers.

Stumbled across FP Markets recently ,wanted to know if they really are a ECN broker and if they are reliable to trade with?

The Forex Market has less margin than the other markets which makes it more reliable & profitable. You have to pay lesser brokerages in Forex trading than any other markets.

Obviously, greed is a negative thing in life that we learn as a kid, Never greedy always be humble and share. Same goes in the forex trade humble. The more you trade using your skill and being humble will show positive results.

A forex demo account is a trading account which allows the account holder to experience trading the forex market using virtual cash instead of real money. It is offered by most forex brokers to give potential clients a simulated experience of what it will be like trading the forex market.

I personally feel the more time an individual spends on forex can change the behavior pattern, a persons thinking ability will improve and business knowledge will improve.

Thanks for the good points, will try to follow a few and see if it works.

Yes, forex trading is difficult if your only aim is to make money quickly. As with any profession, forex trading is no different either. It will take time and, in many cases, it will take years before you can perfect the art of forex trading.

Is it only with Tickmill, why not other brokers ? If a trader has the knowledge to trade i think they make a wise choice in choosing a broker.