Fx Mental Posted October 3, 2018 Share Posted October 3, 2018 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. Link to comment Share on other sites More sharing options...
oliver1007 Posted December 9, 2018 Share Posted December 9, 2018 I'm choosing regulated and transparent forex broker... Link to comment Share on other sites More sharing options...
Fx Mental Posted December 15, 2018 Author Share Posted December 15, 2018 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. Link to comment Share on other sites More sharing options...
Fx Mental Posted December 17, 2018 Author Share Posted December 17, 2018 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. Link to comment Share on other sites More sharing options...
Pixie Pips Posted December 19, 2018 Share Posted December 19, 2018 The major currencies frequently display high price swings. If trades are placed wisely, high volatility assists in enormous profit making opportunities. Link to comment Share on other sites More sharing options...
Lonanel Posted December 19, 2018 Share Posted December 19, 2018 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 Link to comment Share on other sites More sharing options...
Sininfinity Posted January 17, 2019 Share Posted January 17, 2019 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. Link to comment Share on other sites More sharing options...
amri.rudi Posted February 21, 2019 Share Posted February 21, 2019 How long have you use scalping techniques in trading? Link to comment Share on other sites More sharing options...
tradesprint Posted February 22, 2019 Share Posted February 22, 2019 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. Link to comment Share on other sites More sharing options...
Sininfinity Posted February 28, 2019 Share Posted February 28, 2019 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. Link to comment Share on other sites More sharing options...
tradesprint Posted March 1, 2019 Share Posted March 1, 2019 Indeed! Link to comment Share on other sites More sharing options...
Garpolen Posted March 21, 2019 Share Posted March 21, 2019 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 Link to comment Share on other sites More sharing options...
Pixie Pips Posted April 26, 2019 Share Posted April 26, 2019 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. Link to comment Share on other sites More sharing options...
Sininfinity Posted April 26, 2019 Share Posted April 26, 2019 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. Link to comment Share on other sites More sharing options...
Garpolen Posted May 10, 2019 Share Posted May 10, 2019 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 Link to comment Share on other sites More sharing options...
Pixie Pips Posted May 22, 2019 Share Posted May 22, 2019 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. Link to comment Share on other sites More sharing options...
Zelethale Posted June 29, 2019 Share Posted June 29, 2019 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 Link to comment Share on other sites More sharing options...
Garpolen Posted July 28, 2019 Share Posted July 28, 2019 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 Link to comment Share on other sites More sharing options...
mlawson71 Posted May 13, 2020 Share Posted May 13, 2020 Unfortunately, sometimes even licensed brokers turn out to be untrustworthy. The Australian regulator ASIC actually took away Olive FX's license recently exactly because their behaviour was very shady. They had that license since 2010. Link to comment Share on other sites More sharing options...
Sam Patrick Posted September 16, 2020 Share Posted September 16, 2020 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. Link to comment Share on other sites More sharing options...
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