Francisco

Yes, it is possible by using scalping. It is one of the quickest methods to earn quick profits, but it also comes with certain risks. I trade with a regulated broker, FP Markets, that offer lower slippage with tight spreads and fast execution speed to avoid higher risks or losses.

I'm in search of a new broker since my last broker slippage was higher than average. Looking for suggestions on good brokers that have lower slippage and smooth withdrawals.

Many traders prefer only trading with a regulated broker, so most brokers have been regulated by some govt body. I would suggest trading with a broker that could be an advantage for you as well.

Using small capital is good when you are at a beginner stage, and the risk involved in it is very low compared to other standard or higher leverage capital. The risk involved in it is also lower, and a beginner can overcome the loss when trading with small capitals.

Most brokers offer free demo accounts. I can suggest my demo account broker FP Markets because the demo account does not expire if used every week, and they also have E-Books & explainer videos to help newbies.

What is swing trading? Is it better than scalping?

Can we trade and make profits in forex by just predicting? Because I personally think it has to do with strategy and the ability to take risks to make profits rather than just predicting.

I currently scalp with FP Markets using their ECN accounts the spreads are tight starting at 0 pips for most trades, the commission costs and slippage are lower than other ECN brokers.

From my understanding, the MT5 is a universal platform that can be used to trade in both central and decentralized market trades, whereas the MT4 is an older version of the MT4, but many traders prefer trading with MT4 because it is simpler to use and comes with a mobile version.

I consider trading with ECN pricing brokers because they offer tighter spreads. For example, I currently trade with an ASIC broker, FP Markets. I trade using their raw (ecn) account with tighter spreads in both major and minor currency pairs.

Is long term trading a good choice for a beginner to start live trading? What are the risks involved if a beginner enters long term trading without any experience?

Most beginners enter into forex to make some quick money and enter scalping because it is the shortest way to earn profits. Due to this act, most traders lose all the trades and quick forex because scalping is not like gambling.

I mostly use the Price Action strategy for scalping but looking to try Position trading strategy, anyone currently trading using this strategy? Would like to know if it is worth the struggle since it is long term strategy?

Why do some traders prefer trading with multiple brokers? And by using more than one broker give a higher chance of profit?

I'm a scalper so lower spreads are important to me since I scalp in short terms and I currently trade with FP Markets because compared to other brokers, FP Markets spreads are better.

Demo trading is important for every beginner. During the initial stages of forex, it helps to develop and build real trading strategies and confidence before entering live trading.

Hi DonConcesso, I recommend trading with FP Markets Raw (ecn) account because when compared to ICM and GlobalPrime the spreads in FP Markets are lower, and there are no issues like spreads widening even during high volatile market movements.

Looking to open a live trading account with an ECN broker and came across FP Markets. Is it a true ECN broker? I will be scalping, so how are the spreads in Major pairs like EURUSD, GBPUSD, etc...?

I read reveiws on FP Markets and most of them were positive, what would be the duration to get my account active if i was planning to open an account with FP Markert. How does their customer support work, anyone with current experience on them ?