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Posted

We should choose the broker that is more appropriate to the concept of trading that will be used, if we depend on scalping should choose the broker that allows trading concept such as this. I am professional scalper and as a scalper from my first day of trading I have been using LQDFX which does not restrict any kinds of trading techniques with scalping and hedging.  That’s why from here without restrictions I can scalp at any major pair including lowest trading spreads as well minimum margin requirements.  so, my trading life is very much comfortable.

  • 2 months later...
Posted

Yes Forex can be a great source to earn money very rapidly , if you can acquire most powerful analyzing trade knowledge by learning , on the other hand besides good trading knowledge you have to be a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly , that’s why from my first day of trading I have been using LQDFX which always ensures a wide range of trading technologies with security of funds at any investments that is very supportive to lead a comfortable trading life with certainly.

Posted

The demo account is the master place for a beginner to acquire all basic fundamental information which is very supportive to continue a live account in a proper way.  But practically most of the beginners don’t believe the importance of this trading place at all. In my trading career, I use all my trading strategies in demo trading to see the performance how it works. 

Posted

I think that it is very important carefully to read terms and conditions that your broker offer. Not all brokers offering same services and not all traders are the same. So, prior to choosing the right broker for you it is advisable to do some research and comparisons

  • 4 weeks later...
  • 1 month later...
Posted
On 1/17/2019 at 11:31 AM, Sininfinity said:

Everything about trading is not about broker as some suggest here. Making profit is a challenge in itself and new traders should do some digging.

Broker can only support by providing leverage and liquidity to initiate trades however making money from forex requires proper working and doing some own research.

Posted
On 2/22/2019 at 11:20 PM, tradesprint said:

Broker can only support by providing leverage and liquidity to initiate trades however making money from forex requires proper working and doing some own research.

Yeah in other words a sound trading plan which will bring positive pips to the account consistently.

  • 3 weeks later...
Posted

I will always choose a broker who is officially registered for conducting brokerage activities. Then I will focus if he can support my trading strategy with leverage and low spreads. Certainly, I am seeking to lower as much as possible carry trade costs

  • 1 month later...
Posted

There are many brokers websites which can be helpful to clear many doubts. Many brokers are showing their legal certificate from Government so trust them for your money security.

Posted

Almost every broker shows the standard legal information on their website and that does not make them a good broker. If it is suitable for a trader and pay when the trader makes profit then it is.

  • 2 weeks later...
Posted

It is true that one of the requirements for all brokers is to have legal information on their website, so that all people can see these details. However, more important information about broker can be found in terms and conditions of service

  • 2 weeks later...
Posted

I think every broker who is in this market is legal with some kind of information that they shows on their websites. But do it specifies that they can not scams because they are legal.

  • 1 month later...
Posted

Pixie, I dont think that legal broker can scam you. But what they can do is to charge you huge spreads or commissions or even propping your trades, and similar. Certainly this sort of behaviour is not welcomed and they can expect that traders will eventually switch to another broker

  • 5 weeks later...
Posted

I also dont think that legal broker can be a scammer. Good practice is that they keep your money in separate account from their company’s account. What actually had happen on few occasions in the past is that brokers were broke, so traders had to wait for their money to be withdrawn

  • 9 months later...
  • 4 months later...
Posted

Forex traders must need to acquire good trading knowledge because to achieve success it is very necessary of learning about each and every factor of that thing. And Forex as one of the highly profitable business needs proper learning and skill. A trader should firstly learn and then invest to earn. I have learned by attending the free seminar programs at Forex4you trading broker. 

I join at this broker because they are just simply wow with their extended service systems and educational programs. One can become an educated Forex trader by attending their free seminar or webinar class, demo trading account, video tutorials and Forex glossary. All the programs are really very effective to learn of Forex trading and trading terms.
 

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