Joseph M. Kindred Posted May 29, 2018 Share Posted May 29, 2018 In a currency pair there is a different between ask and bid price is called spreads. It is the main source of income for a broker. Different broker charge different spreads rate to the traders. I am trading with FXOpen. It offers me the most consistent deviations of all foreign currency brokers in the world, their eur/usd spreads is currently the lowest spreads. Their starting spreads is from 0 pips. Link to comment Share on other sites More sharing options...
Pixie Pips Posted June 1, 2018 Share Posted June 1, 2018 Ask price is the price the seller ‘asks’ you for. It is the price at which a seller is willing to sell you a security. The bid price is the price a buyer is willing to pay to buy a security. Link to comment Share on other sites More sharing options...
Fx Mental Posted June 2, 2018 Share Posted June 2, 2018 Trading with putting SL is very important because the SL then we will be able to minimize the risks of forex properly , therefore we should always use SL when trading. To put stop loss when trading, I prefer to put SL 5% of the capital. So that the losses incurred are not getting bigger. Link to comment Share on other sites More sharing options...
Fx Mental Posted June 6, 2018 Share Posted June 6, 2018 The trading spreads can affect the result of our trading with certainly that’s why when choosing a broker we the traders have to make sure the broker ensures lowest trading spreads or not. In my trading career from my first day of trading I have been using LQDFX due to only comfortable trading spreads from 0 pips which is very supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time. so, my trading life is very much comfortable. Link to comment Share on other sites More sharing options...
Pixie Pips Posted July 20, 2018 Share Posted July 20, 2018 Each trader should pay sufficient attention to spread management. Maximum performance can only be achieved when a maximum quantity of market conditions is taken into account. Link to comment Share on other sites More sharing options...
Fx Mental Posted August 24, 2018 Share Posted August 24, 2018 If you want to lead a comfortable and secure trading life , first of all you have to choose the broker which guarantee their clients funds. That’s why from my first day of trading I have been using LQDFX which is real stp Execution trading platform and always ensures a wide range of trading technologies. So, at all times I feel secure when trading practically. Link to comment Share on other sites More sharing options...
Pixie Pips Posted September 8, 2018 Share Posted September 8, 2018 Forex trading market is the global decentralized market for the trading of currencies. Foreign Exchange Market provides a lot of flexibility to the traders and businessmen with respect to trading goods and services. Link to comment Share on other sites More sharing options...
uncle gober Posted November 9, 2020 Share Posted November 9, 2020 traders also need good analytical skills, this is needed and necessary so that traders can be maximized in carrying out trades according to expectations with Tickmill. Link to comment Share on other sites More sharing options...
Jo Eshuijs Posted November 12, 2020 Share Posted November 12, 2020 Traders can use one or a combination of strategies in their trading, depending on their personality. However, it is better to follow one strategy and master it. If your trading strategy is good and you can follow it, Success will surely come. I Am a forex trader too. I am trading with Forex4you. It gives me all necessary help for my trading. Link to comment Share on other sites More sharing options...
uncle gober Posted November 13, 2020 Share Posted November 13, 2020 A trading plan must indeed be owned by a trader, this is needed and necessary so that traders can become better and can be maximized in carrying out trading activities that match expectations with Tickmill. Link to comment Share on other sites More sharing options...
Oxirisha Posted November 17, 2020 Share Posted November 17, 2020 If you are swing trader or scalper, you need to pay good attention on spreads. High spreads can have negative effects on your profitability. With long term trader, situation is a bit more relaxed Link to comment Share on other sites More sharing options...
uncle gober Posted November 19, 2020 Share Posted November 19, 2020 Most importantly, don't forget to be able to take advantage of the demo account and educational programs provided by Tickmill to be able to do maximum training and learning with Tickmill. Link to comment Share on other sites More sharing options...
David Max Posted April 18, 2021 Share Posted April 18, 2021 To become successful the easiest way in Forex market is to trade after completing the learning process and trade professionally. So, we need to ensue this two things must if want to become a successful Forex trader. From my reliable broker Tpglobalfx I have full trading support including educational to instant market execution systems. I learn from their free video tutorial classes. And their expert assistance help me to overcome my mistakes. Link to comment Share on other sites More sharing options...
uncle gober Posted April 21, 2021 Share Posted April 21, 2021 the existing process must be able to run properly, this is necessary so that traders can become better and can be maximized in surviving to become a trader of the month with Tickmill. Link to comment Share on other sites More sharing options...
Ross Edwards Posted April 21, 2021 Share Posted April 21, 2021 Choosing a good broker is not an easy task in this market. There are so many scam or fake brokers in the forex market. If you are new in this market, you should choose that kind of broker who can teach you all the basics of forex like low spreads, high leverage and many more things. I am trading with TP Global FX. I choose them because they give me low spreads which is 0.01 pips. Their leverage is higher than many other brokers in the market. You can also try their demo account to know about their trading style. They have 56 pairs of FX. Overall, I like them for their all facilities and easy trading method. Link to comment Share on other sites More sharing options...
Resolve Posted May 2, 2021 Share Posted May 2, 2021 On 4/22/2021 at 12:46 AM, Ross Edwards said: Choosing a good broker is not an easy task in this market. There are so many scam or fake brokers in the forex market. If you are new in this market, you should choose that kind of broker who can teach you all the basics of forex like low spreads, high leverage and many more things. I am trading with TP Global FX. I choose them because they give me low spreads which is 0.01 pips. Their leverage is higher than many other brokers in the market. You can also try their demo account to know about their trading style. They have 56 pairs of FX. Overall, I like them for their all facilities and easy trading method. I have seen many of the Forex traders are making money but then they have been using a trading system that is successful. Link to comment Share on other sites More sharing options...
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