radex78

Each broker has its own pros and cons, but as long as trading with the broker feel comfortable and has no problem, we will stick to trading using these companies, I traded with FXOpen already more than nine or tens years and feel comfortable, and no intention to looking another broker.

The broker has an important role for traders, because traders need the broker, and the broker also needs traders, choosing a good broker will make you comfortable in trading and when able to make money from forex trading, withdrawing profit will become the most fun time for traders, Withdraw money from FXOpen cabinet is always smoothly processed.

Learning from the theory is good to broaden insight about forex trading, however the most important is learning by doing, practice in the demo ECN FXOpen broker is free without any risk, and you can find suitable and profitable trading strategy through a demo account, despite demo account cannot develop good psychology, however, remain useful for beginners.

In the forex world, there are broker Dealing desk and no dealing desk, in the broker dealing desk or bucket shop broker, if the trader loses hence the broker win, likewise, if the traders win hence the broker loses, so there are suspected about stop loss hunter, requote, inappropriate trading strategy become reason from the broker to blocked account traders. But trading in no dealing desk broker, the trading condition is good, and all trades are instantly executed without any problem, except if you have slow connection internet. No dealing desk broker is more honest than a dealing desk broker, FXOpen ECN broker included no dealing desk broker.

We don't need to choose the broker if already select an option, and better to work on improving trading skills in making a profit in trading, so we can withdraw money regularly through the broker that already facilitates all traders, I choose FXOpen broker, and in the fxopenforum.com now there are some opportunities for all members and traders FXOpen gets a prize from the free contest.

Sometimes you need demo account to backtest trading strategy, trading forex is high risk, not always in daily trading will easy to catch a good profit, sometimes loss. There are traders get margin call they need demo account to learn back how to manage account well.

I trade with FXOpen for more than 10 years, and till now still trading using this broker.

FXOpen still become a good broker, trading conditions are good, and many payment options are available, trading forex, CFD crypto, indices, stock, ETF, and commodities. I trading using FXOpen already more than ten years, and enjoy their services, sometimes I get a prize from contest held in fxopenforum.com

You need to try TickTrader platform FXOpen, it is support mobile platform for Android and Iphone, the trading platform is different with Metatrader, but also available many trading tools.

There are so many currency pairs in the forex trading market like EURUSD, GBPUSD, USDJPY, USDCAD, etc. How to start trading for a beginner suggested choosing major pair like EURUSD, you can tries to demo ECN FXOpen to start practice, simply only need install trading platform MT4 can be downloaded on the official site, and register a demo account,

I think nowadays there are so many traders around the world from big to small traders using trading bots to autiomatically trading work all day long, one advantage using trading bots is can work 24 hours without tired. However not all trading bots is profitable, if you have a good trading strategy can ask to programmer create trading bots based your trading strategy.

Work scalping using FXOpen broker has a low spread, I like trade scalping on the pair EURUSD, this is a good average movement daily and has a low spread from 0.0 pips, even if use TickTrader terminal, the spread could be negative spread

There are thousands of brokers in the forex world, if willing to choose which old broker or a young broker, I vote for the old broker because already has long years of experience and passed many obstacles in the competition business.

It is rarely Traders can survive in the financial market forex, many traders fail and probably not sharing failures because feel shy to show bad trades, however, the risk is part of trading, and grateful so far I still surviving in the forex trading business, till now using FXOpen broker I joined this forum since 2012

There are many brokers that offers bonus like welcome bonus and deposit bonus, usually, there are term and conditions apply, traders before taking the bonus promotion needs to read term and condition to avoid misunderstanding to use the bonus that usually need certain task to eligible withdraw profit.

If you can't control emotion properly, don't use high leverage because it will lead to greed in trading, safe leverage is low leverage, in FXOpen, many PAMM manager choose leverage 1:100, however we can use leverage 1:500

Why traders prefer to use a regulated broker because of security for long-term business, regulated brokers work under a regulation agency and must comply with all rules, and the regulation agency was established with the goal included protect investors from illegal company activity to make comfortable investments. I choose FXOpen because this company is regulated by ASIC, FCA, and Cysec.

Different traders could choose different brokers, as long as they felt comfortable using the services broker, hence in trading also will more comfortable to working to make a profit from trading activity, as day trader we work everyday market open. I use FXOpen so far and the broker is also a good broker, get an award to become the best ECN broker in 2021 by IAFT and get award as innovative broker in 2022 by Traders Union.

When we work trading in real accounts, will get real trading experience already involved emotion in trading because working in real accounts we want to make a profit and fear to losing money, this could impact to the trading habit, and we must work fully disciplined based rules trading.

Professional traders who take part in the forex trading championship 2023 at forexcup.com need starting balance of $5000, with proof of real statistics the first rank now gained 305.24 % updated April 20, 2023, a trader from Turkey become a winner in FTC 2022, and seems now he still a because the leader in standing position.

Trading with FXOpen ECN broker environment makes comfortable in every order made always instantly executed only in millisecond, I like scalping trading as a short-term trading strategy to catch small profit and small risk in every single order, choosing pair like EURUSD for scalping often get zero spread.

Probably different broker has different policy about this, swap is usually charged by calculation using a formula for a different interest rate of a central bank, each currency has its own central bank interest rate, a number of swap fee also depends on the position of the order, buy or sell any pair that traded, it is possible to get positive swap if you trade on the pair with higher interest rate and lowest interest rate.

Using ea indeed gives benefits like ea being able to work all day long without being tired, however, depends on ea itself, good ea of course already able to survive more than two years and still profitable, it is not wrong if any traders has profitable trading strategies then created ea based its strategy

So far I still trade manually, finding a good ea is not easy for me, I try several EA but only blown account eventually, so I prefer manual trading because can manage the risk-based own preference, using ea need more cost to hire VPS.

Risk in trading always be there, every single trade in forex trading has potential gain and loss with at least 50:50 percent, and our first loss is taken by a spread broker, so choosing a low spread broker also matters in forex trading to reduce transaction cost, here I use FXOpen because this broker regulated on ASIC, FCA, and Cysec, and offer low spread from 0.0 pips in major pair, and possible getting negative spreads if use TickTrader platform.