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Posted

Before deciding to participate in the forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most important, do not invest money you can’t afford to lose. A new trader should examine how currencies are traded in the forex market, which currency pairs are traded, what price quotes mean, how profit and loss is calculated, and how the global trading day flows.

  • 1 year later...
Posted

I think that before entering the market, you need to study all the information about the market, trading, brokers. It was hard for me as newbie to choose the right broker. I searched a lot of sites in order to find something good. I also spent a lot of time looking for a broker and accidentally found this site Finarm, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights. 

Posted

When I just started to study trading and started working with a broker from Amarkets, I used the demo mode for training. As for me, this is a must for a beginner.

Posted

Before starting to work on a real account, the trader really needs to work on a demo account. When I started working with a broker from Amarkets, I did exactly that. And I was able to earn quite well.

  • 5 months later...
  • 2 weeks later...
  • 1 month later...
Posted
On 12/16/2021 at 3:23 AM, Vaabum said:

In general, before starting to work in this industry, you really need to have some experience and knowledge in order to achieve success.

We will need to start learning and increase our trading skills so that the profits can be started.

  • 1 month later...
Posted

This is good advice. These things indeed need to be considered before starting forex trading. Doing so without making sure you have the necessary knowledge is very irresponsible.

Posted
On 6/17/2021 at 3:50 AM, e_abrams said:

I haven't heard of them before, where are they registered?

Just google it, am sure you will find them online, or better still you can narrow your search to "best forex brokers" on google. There are many legit review sites online for brokers,  I remember doing this for days before I registered with forexchief.

Posted

First of all, you need to try your abilities on a demo account. When I started working with a broker from ExpertOption, I did exactly that and I think my choice was right.

Posted
On 3/16/2022 at 11:16 PM, Vaabum said:

First of all, you need to try your abilities on a demo account. When I started working with a broker from ExpertOption, I did exactly that and I think my choice was right.

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

Before becoming a trader, you need to pay attention to training. I think this aspect is quite important. For example, when I started working with a broker from ExpertOption, I devoted a lot of time to training.

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