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Ritesh.R
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Everything posted by Ritesh.R
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soo many brokers, and I want to pick one :)
Ritesh.R replied to Sara888's topic in Forex General Discussion
I suggest trading with CMC, ICM, or FP Markets. They are regulated brokers with either ASIC or CYSEC that offer some of the lowest spreads with good trading conditions. -
Yes, they are regulated by ASIC and CYSEC with an offshore licence with St. Vincent and their raw ECN account has a minimum opening balance of $100 AUD. I trade with their raw ECN account. The spreads average 0.0 pips for most parts of the day, and they are consistent even during volatile market news movements.
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Scalping is not profitable for everyone. It is profitable for those that trade with the proper strategy, skills and have gained enough experience to take certain risks.
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I trust brokers that are mostly regulated, and using an older broker is also an advantage. For example, trading with brokers like ICM, Pepperstone, or FP Markets is good because they are regulated by ASIC, CYSEC, or even both, and have been active for over 10 years.
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Need a good broker with a little spread...
Ritesh.R replied to LIAPLEBARSEDA's topic in Forex General Discussion
For better spreads I suggest trading with a reliable broker like FP Markets. I've been trading with it for four months and the spreads have been stable even when the market is highly volatile with spreads starting at 0.0pips. -
Leverage is important for traders that want to trade with higher capital but do not have the means for it. Spreads on the other hand it also an important aspect for many scalpers, leverage and Spread is quite tied to each other.
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Currently trading with FP Markets MT4 platform and the main reason I chose them because the MT4 platform is suitable for forex trading. And the broker offers some of the lowest spreads and commission costs than other ecn brokers I have come across.
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I prefer trading with brokers that do offer any bonuses because bonus brokers are mostly scammers and market makes. I trade using FP Markets an older broker with regulations from ASIC and CYSEC.
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I trade using FP Markets as the best broker as well, with better spreads and faster execution, slippage is low.
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Most traders prefer using the MT4 account because of its simple functionality and pretty easy to understand their platforms trading system.
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Any feedback on FP Markets seems to have good spreads, and the commission appears to be lower compared with competing ECN brokers. Is there any trader who is currently trading with FP Markets over the long term? Have the spreads been consistent?
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Can a beginner with two months demo experience trade with a small account for live experience and earn profits? Or should a beginner stick to demo trading to gain proper forex knowledge?
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Looking for suggestions on brokers that are either ASIC or FCA regulated with a minimum of $200 or lower opening balance? It will be an advantage if the broker has good customer service because I may require help solving specific queries initially.
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I've been trading with a demo account for four months and looking for advice on the methods and skills a beginner needs to become a trader?
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I do not think it is possible to trade in forex without even a single loss because forex is part of taking certain risks, and loss is also included. It is also important how the trader recovers from the loss with higher profits.
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Looking for reviews on this broker FP Markets. I'm currently looking for another broker to trade other than Pepperstone, and I see many recommendations on this broker. How are the trading conditions and spreads In FP Markets?