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ThomasFernandez

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  1. ThomasFernandez
    Absolutely
  2. ThomasFernandez
    I consider FP Markets mainly for its spreads which averages around 0.1-0.3 pips for most parts of the day and the execution speed is faster at 28ms.
  3. ThomasFernandez
    It is okay to try different brokers because it helps find a suitable broker. I used to burn several of my accounts, and now I stick with CMC and FP Markets. These two provide some of the best trading conditions with tight spreads and reliable customer service.
  4. ThomasFernandez
    Scalping is a basic approach that allows traders to initiate and finish transactions quickly, as well as profit swiftly. But it also comes with a lot of risk, and using a suitable broker is very important. Brokers such as Skilling and FP Markets are better, in my opinion.
  5. ThomasFernandez
    You should understand that trading is a long-term endeavour and that you will not become wealthy overnight. Also, it is important to choose the broker you choose to trade with. Using an older broker like FP Markets that has been in the market for over a decade is good since the invested money is safe because they also have regulation from government bodies such as ASIC.
  6. ThomasFernandez
    You can attempt robots if you still have some expertise. Their study is quite simple to grasp; simply read their trend, which is increasing. You just gamble on the growth.
  7. ThomasFernandez
    Not all brokers provide swap-free accounts. Such accounts were designed for brokers who strive to entice clients who have a religious aversion to swaps. For example, the broker I trade with, FP Markets, does provide free swap accounts for Islamic clients.
  8. ThomasFernandez
    I encourage you to trade with FP Markets. It is an ASIC-regulated broker with over 15 years of experience in the forex industry. As compared to other ECN brokers, the commission and spreads are also minimal, with spreads averaging 0.1 to 0.4 pips.
  9. ThomasFernandez
    I trade with major currency pairs like EURUSD, JPYUSD, GBPUSD, and others using FP Markets, and as per my knowledge, they have a total of 63 forex pairs that traders can use.
  10. ThomasFernandez
    There are several brokers that provide good trading conditions for traders. I trade with FP Markets, an ASIC-regulated broker that is suitable for scalping because of its tight spreads, which start at 0.1 pips in other major pairs and 0.0 pips in EURUSD.
  11. ThomasFernandez
    Although MT4 offers four different types of pending orders, MT5 adds two more. They enable conditional orders to have constraints imposed on them. You now have more control over stop-loss orders. MT5 has 21 different timeframes, compared to MT4's 9 timeframes.
  12. ThomasFernandez
    A seasoned broker is my preferred choice because they are far more dependable and having been in the forex business for a long time also makes them reliable. I use FP Markets for this purpose because it is one of the oldest brokers, having been active for over 15 years, with good reviews from other traders and robust trading conditions.
  13. ThomasFernandez
    Yes, I agree that keeping track of your trading activity is beneficial and aids in identifying previous errors. I trade with FP Markets, which provides me with a journal in case I need to check my activities in the future; I recommend that other traders do the same, as all brokers provide it, so that you can make changes to your strategies and avoid making the same mistake.
  14. ThomasFernandez
    It's mostly the experience gained from using a demo account and also the demo account can help traders familiarize with the brokers platforms.
  15. ThomasFernandez
    Even I trade with FP Markets mainly for its lower spreads, especially in EURUSD where is drops to 0.0 pips for most parts of the day and the commission cost is lower at $3 per lot which is lower when compared to other similar ecn brokers.
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