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Posted

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.

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Posted
On 6/14/2022 at 11:16 PM, Vaabum said:

Working with a broker from ExpertOption, I try to use small levels. This is trite safety for me.

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen :D

  • 2 weeks later...
Posted

I currently trade with FP Markets using their 1:30 leverage with the ASIC regulations and their trading conditions are reasonable. Their St. Vincent licence also provides a higher leverage of 500:1.

Posted
On 6/30/2022 at 7:19 PM, Vaabum said:

Most often I choose depending on the market situation. For me, this is really important and plays the most important role.

We will have to learn how to do our trades with lower trading leverages.

  • 2 weeks later...
Posted
On 7/3/2022 at 2:50 AM, FXOpen Trader said:

We will have to learn how to do our trades with lower trading leverages.

How to set up funds on FXOpen with leverage to keep trading safe? because using leverage is very risky.

  • 2 weeks later...
Posted

I trade with FP markets using their offshore licence, which provides a leverage of 500:1. I mainly use them because of their tight spreads, which start from 0.0 pips and with their fast execution speed, which is 1ms since I use their free VPS.

Posted

Leverage can be risky if not traded with a proper broker, which is why I use FP markets, an ASIC regulated broker, using their max leverage of 500:1.

  • 3 weeks later...
Posted

I trade with a leverage of 500:1 using FP Markets' St Vincent licence. The main reason I used FP Markets is also because of their stable spreads during volatile markets, and they are one of the oldest brokers active since 2005.

  • 2 weeks later...
Posted

I trade with FP Markets using their St.Vincent licence, which offers me a higher leverage of 500:1 with a minimum opening balance of 100 AUD and a commission cost of $3 per lot.

  • 4 weeks later...
  • 6 months later...
Posted

Novice traders are recommended to use lower leverage, preferably no more than 1:50 or 1:100, to limit their risk exposure. This allows them to have greater control over their trades and manage their losses more effectively. As they gain experience and confidence, they may gradually increase their leverage, but it is important to always use it with caution and proper risk management.

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