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Ritesh.R

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  1. Ritesh.R
    It depends on you. However, brokers have set initial deposits. For instance, the minimum deposit with Fp Markets is AUD 100 or equivalent, and with Avatrade, it's $100. s a beginner, it's to start small.
  2. Ritesh.R
    Check for trading platforms like MT4 and MT5
  3. Ritesh.R
    How long did it take for you to start seeing a consistent profit in your forex trading? I'm curious to know how you all kickstarted?
  4. Ritesh.R
    I'm using FP Markets, an ASIC broker, and the spreads are tighter, starting at 0.0 pips with a commission cost of $3 per lot. The customer service is quick in responding to most of my queries, even through emails and live chat.
  5. Ritesh.R
    Risk is always involved with this profession, and I believe that without risk, you cannot generate money from this business. However, if you follow the laws of this industry and use suitable stop-loss and take-profit levels, you may lower the intensity of risk.
  6. Ritesh.R
    I regard FP Markets as the most dependable and lucrative broker. I've been working with this firm for quite some time, and I'm really satisfied with the outcomes. The spreads are tighter, averaging around 0.1–0.3 pips for most parts of the day, and the execution speed is faster at 26 ms.
  7. Ritesh.R
    The desire to deal with a trustworthy organization is the most common reason for this. As a result, I elected to work as a broker for the FP Markets firm, and thus far, this choice of earning more than meets my needs.
  8. Ritesh.R
    One of the good brokers is capable of using scalping strategies. Unlike FP Markets, where scalping tactics are strictly prohibited and various limitations apply, if it does not match, the profit is forfeited.
  9. Ritesh.R
    Since I trade with FP Markets and trade using their St. Vincent account, the leverage offered is higher at 500:1. The commission cost is also lower, at $6 per round lot.
  10. Ritesh.R
    If you are a scalper, using a tight spread broker is useful, and the suitable types of brokers in my view are Global Prime and FP Markets. The spreads move around from 0.1–0.3 pips, and for EURUSD, they also drop to 0.0 pips.
  11. Ritesh.R
    You can try Etoro or FP Markets because they're regulated by government bodies such as ASIC or FCA. And FP Markets is an older broker that has been active for over a decade, making it a reliable broker to trade with.
  12. Ritesh.R
    I have a better option: instead of searching for brokers that provide bonuses, it is better to use a broker that can have an advantage during trading. For instance, I use FP Markets mainly for scalping since the spreads drop to 0.0 pips in EURUSD and the commission is $3 per lot, which is lower than most ECN brokers I have come across.
  13. Ritesh.R
    Many seem to suggest the MT4, which is a good platform if you are only going to trade currencies because the MT4 is not suitable for other trading factors. Whereas the MT5 is suitable for stocks and commodities as well with advanced tools, which is better than the MT4.
  14. Ritesh.R
    There are numerous brokers in the forex business; I tried various brokers before settling on FP Markets as a solid ECN broker. They have top-tier regulation from ASIC, and the spreads drop as low as 0.0 pips with a faster execution of 29 ms.
  15. Ritesh.R
    Demo accounts are quite useful. It is intended not just for instructional reasons but also for experienced traders who wish to test new trading strategies in real-time trading environments. Some brokers, like Avatrade and FP Markets, also provide educational materials with their demo accounts for traders entering forex for the first time.
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