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The trading platforms offered by the broker are MetaTrader 4 and MetaTrader 5. The MT 5 is a good choice for traders, but at the same time, it comes with various complex functionality. Sometimes it becomes hard for traders to handle this complicated software. Thus, the broker should also incorporate free videos and tutorials for the novice traders, which guides them to use MT 4 effectively. 

 

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  • 3 months later...
On 3/22/2022 at 8:16 AM, maspluto said:

The selection of the existing broker must be able to be considered carefully, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

I have been doing my Forex Trading from the last 10 Years with FXOpen Markets and they have very secure and fast Trading MT4 Terminal 😄

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Although hedging is a widely used trading strategy but to me, it’s not a proper way of trading. Hedgingis a risk management strategy employed to offset losses in investments by taking an opposite position in a related asset. But, this strategy is really good as long as traders can handle it nicely; otherwise it’s not auspicious for a trader.

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  • 2 years later...

A trading platform is software that allows traders to execute buy and sell orders in financial markets. It provides access to real-time quotes, charts, and trading tools. Popular platforms include MetaTrader 4/5 and cTrader, each offering various features for analysis and order management. LQDFX broker provides all necessary technical tools and a reliable mt4 platform.

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  • 3 months later...

Trading platforms in Forex are software tools that allow traders to execute trades, analyze markets, and manage their accounts. Popular platforms include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. These platforms offer various features like charting tools, indicators, automated trading, and real-time market data for effective trading. LQDFX broker provides a superior trading platform equipped with all necessary technical tools.

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The steps to be successful in this forex business are never instant, with the big risks that exist, we try to learn to run it in order to be successful in trading. Believe that the stages of the learning process are what will be able to bring us to maximum results in trading with Tickmill later.

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  • 1 month later...

I completely agree – MT5 can be a bit overwhelming for beginners! When I first started using MetaTrader, I found myself getting lost in all the features and options. It wasn’t until I found some free tutorials that I started feeling more comfortable with the platform. I also recently started exploring  quantumaiofficial.com  for trading with Quantum AI, which has a user-friendly approach to trading and helps break down complex strategies in a simple way. I wish I had discovered it sooner!

Edited by TatumCombs
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I still use the MT4 platform now to trade on FXOpen, as long as it can be used smoothly, I am very satisfied with the MT4 platform because for smooth execution, it supports the use of custom indicators. However, I also tried using Ticktrader, where one account is for trading on multiple markets including forex, commodities, crypto, indices, shares, and ETFs.

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Forex trading is a very profitable trade if understood and mastered. Therefore, if we want to get profit in forex, then it must be really studied and understood, so that later we can master everything well, so that later we can get profit with Tickmill broker.

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