Harvey

From my perspective, the best times of the trading day are at 5:21 GMT, which is when the European and American markets open.

If you are still looking for reliable brokers, I can suggest CMC and FP Markets. They have been regulated by higher entities such as ASIC, and I have been trading with FP Markets for a couple of years without any issues, even the withdrawals and commissions are smooth.

You can try FP Markets; their trading conditions are robust with a minimum opening balance of $100 AUD and a commission cost of $3 per lot.

I prefer trading manually because an EA robot is way more expensive and requires advanced knowledge.

If you are looking for an older broker, I recommend trading with ICM or FP Markets; they are some of the oldest brokers that have been active in the forex business for over a decade.

Brokers with lower spreads, faster execution speeds, and greater regulation are ideal for scalping.I recommend trading with FP Markets for scalping. The spreads are tighter with a $6 commission cost per round lot, and the execution speed is 35 ms.

For lower spreads, ecn brokers like CMC, ICM, or FP markets are good because their spreads average from 0.2 to 0.4 pips for most parts of the trade. In particular, FP markets' spreads on EURUSD drop as low as 0.0 pips when trading with EURUSD.

Most brokers offer free demo accounts and some brokers, such as Avatrade & FP Markets, also provide educational materials for newbie traders venturing into forex for the first time.

You can also consider FP Markets. It is regulated by ASIC and has been present for more than 15 years. I currently trade using their ECN pricing. The spreads and commissions are tighter and lower when compared with other brokers like FXview and ICM.

The best forex currency pairs, in my opinion, are the EURUSD and JPYUSD because the market is low in volatility when trading with them and, with the perfect strategy, it is possible to gain consistent profits.

For newcomers entering forex for the first time, it is best to choose a regulated broker who has been active in forex for at least 4 to 5 years, as there are many new brokers who target new traders and scam them with bonus offers. I can recommend brokers such as ICM and FP Markets, which have been in the forex business for over ten years and are regulated by ASIC and CYSEC, as well as having offshore licences.

The MT4, in my opinion, is suitable for beginner traders looking to trade with currency pairs since it is simple to use since the MT4's only focus is on currency pairs. The MT5 is an advanced version of the MT4 that can also trade on stocks, commodities, and forex.

Tracking your trading performance is good because it helps with improving and developing your trading skills. It also helps in avoiding previous mistakes.

Through demo trading, traders can trade without any worries about loss of capital or risk. The demo account is a risk-free environment used to develop skills and strategy before entering into live trade.

I trade with FP Markets and I rate my broker a 4.5 out of 5 because their trading conditions are robust with proper regulation from ASIC and CYSEC. It is also one of the oldest brokers to be active since 2005, with over 10,000 different instruments and a quick-responding customer service team.

Attempting different brokers is good till you find your suitable broker, but I suggest trading with a lower value or using their demo account to avoid unnecessary losses. I had to trade with three brokers before finding my suitable broker. FP markets, which is a better scalping broker that provides reliable trading conditions and lower commission costs.

I currently trade with FP Markets using their ASIC regulation with a leverage of 30:1 and it is suitable for scalping because the profit is decent and the loss value is recoverable.

For newbies entering forex for the first time, it is better to choose a regulated broker that has been active in forex for over 4 to 5 years because there are many new brokers that target new traders and scam them by offering bonus offers. I can recommend brokers such as ICM and FP Markets that I am aware are active in the forex business for over 10 years and are regulated by ASIC and CYSEC with offshore licences as well.

Yes, I've been scalping with FP Markets for nearly a year, and the spreads are consistent, averaging 0.0 pips in EURUSD and other major pairs. There are no issues like spreads widening and the slippage is low with faster execution speed than most ecn brokers.

Beginner traders love scalping because it is one of the quickest methods to earn profits in minutes. When compared to other trading methods, scalping has higher risk and loss involved in it if not traded with a good strategy or forex trading skills.

If you are still looking for a broker I recommend trading with either Avatrade or FP Markets their minimum opening balance is $200 for Avatrade and $100 for FP Markets. Commission costs is $3.5 per lot for avatrade and $3 in FP Markets with good customer service team.

I recommend choosing a broker based on your experience and trading methods. If you are a beginner, it is better to go with a smaller account broker to reduce your risks, or for experienced brokers looking for higher leverage, choose a reliable broker to avoid risk.

For me, I personally prefer CMC Markets or FP Markets because their trading conditions are good with regulations and good customer service. FP Markets provides over 10,000+ instruments to trade in global stocks and commodities, which provides a variety of options to trade.

I recommend trading with FP Markets because it is a regulated broker by ASIC and CYSEC. I've been trading with them for a year now and have had no major issues so far. The spreads are good, averaging at 0.0 pips for most parts of the day with a faster execution speed than my previous eCN brokers like ICM and Pepperstone.

The best time to become a trader is when you have gained enough knowledge and experience in forex with risk taking capabilities.