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There are advantages and disadvantages using robot trading, including the robot can work multi tasking in manage an order, however depends on programmer to create a good ea also need deep understanding the codebase. Usually to manage robot order use magic number to recognize an order made by ea or human.

I already using FXOpen global broker more than nine years and so far still comfortable trading with this company. Rating score in Trustpilot is above 4 which means reliable company.

All professional traders they start as beginners, so if you are still beginner don't lose hope because of one failure. Failure is only delaying success, if still keep learning from our mistakes hence will improve the trading strategy to become more profitable. Take benefit from demo ECN FXOpen.

I use FXOpen broker, they include reliable brokers because already worked in the financial market for more than 16 years and so far still good and trusted score is high. The company is regulated in ASIC for FXOpen Australia , FCA for FXOpen UK, and Zysec in Europe

Beginners trader still lack experience and also knowledge better start trading in demo account to finding skill trading before going to live account, because trading in life account involved emotion, in demo account they must learn discipline how to put stop loss, target profit, position size, etc. Learn trading in demo account is free without any risk, all broker usually offers demo account for clients, in FXOpen we can use demo ECN

Traders need to be wise in choosing leverage, because the leverage function is like we take loan from the broker to make a bigger transaction, in one side could boost profit, but on the other side, it could make a big loss in a single trade. Using 1:500 leverage if we can control decisions and always use the smallest lot size 0.01 lot is no matter

The dealing desk usually works against the traders, you often hear the broker cheating traders using stop loss hunter, then rejecting withdrawals with unclear reasons, blocked account, and no mercy, so choosing a broker is also important to avoid scam brokers. FXOpen is a true ECN broker means this includes no dealing desk broker.

Trading bot has advantages where it can work all day long without tired, but some problem like connection speed influence to trading performane, and using trading bot also not always able generate a profit, I ever tries some trading bot and all robot eventually make margin call account. So I like manual trading because easy to manage the risk.

Forex industry is the biggest market in the world, there are thousands more forex broker operate in forex trading services, choosing the broker for beginner maybe make little bit confuse, but choosing FXOpen broker, traders have a chances to get prize in forum contest that held in fxopenforum.com

There are so many trading strategies for scalping traders, we can use a stochastic oscillator in small timeframe, or we can use parabolic sar, Bollinger band, etc. Even to effective scalping, we can use price action and candlestick patterns focusing on support and resistance zones. I like scalping trading with FXOpen because low spread in major pairs

Scalping traders only taken small pips taget in forex market, this is need high discipline to worked scalping to getting effective scalping trading. Choosing pair is matter for scalping to get low spread, in FXOpen the spread start from 0.0 pips, because this is ECN broker they use floating spread.

How to manage the risk in forex trading, One strategy that can be done is to diversify the portfolio, trading in different asset with different risk on every asset, This is also need good research to choose asset for diversification. It is useful when one asset may have a result out of expectation still has another asset with a different result. In FXOpen more than 600 tradable assets from CFD, commodities, forex, crypto, stocks, indices also ETF. If want to trade all CFD markets in one account, open a TickTrader account.

Now trading with FXOpen I using TickTrader terminal platform and also using MT4 terminal trading, FXOpen itself offer trading platform MT4,MT5, and TickTrader platform, all the three available for PC and mobile.

Choosing a broker is indeed very important for long-term business, the regulated broker is more recommended because they have a license from a regulator to operate services in the financial market, while the regulator wants to protect investors from fraudulent companies and enforces brokers to obey the rules. FXOpen is regulated in FCA, ASIC, and CySec.

Beginners must carefully start trading and choose the broker, because there are thousands more brokers in forex world, but not all of these companies are trusted. Make deep research like regulations, trading fee, rating brokers, and reviews traders to minimize entering scam companies.

There are so many mistakes could happen in trading tha can be valuable lesson if we can learning from it. Greedy, over confident, fears, fear of missing out. including a mistakes that appear from own selves and we can learn from it to improve skills.

Money management has important role in forex trading, how the money management work is this is like a umbrela to protect us from the rain and hot sun lighting. Good trading strategy withut a good money management, failed eventually.

We can make money from scalping trading when this trading strategy suits us, because not all traders like scalping due leads them in high emotional pressure when face mistakes

Forex money management is a crucial thing to constantly making good trading plan, Although traders has good trading strategy, but reckless in trading without proper and disciplined money management, and one failure could make missing all profit.

I already trading with FXOpen for more than nine years, and so far still become a good broker, low spread, platform support MT4, MT5, and TIckTrader, and withdrawing profit still smoothly processed. If you lose money it does not means the broker is bad, but skill is still not yet a profitable.

Trading using bots has pros and cons, including robots can handle multiple orders in one time, and this can't be human do, and robot can work all day long to stay active full 24 hours a day which humans can't do. If you face a problem with your robot you can ask to fix it in the FXOpen forum

Demo account is useful for beginners and even experienced trader to test trading strategy without any risk because only use virtual money, however The market demo and real is the same, which demo market reflects real market conditions but only use virtual money, The one point difference working demo and real is about emotion.

FXOpen still becomes my broker and already using their service more than 9 years and still becomes trusted broker. The broker also have a high rating in the crowd. In 2022 the company awarded as the most innovative broker by Traderunion

Trading in forex market need a broker as broker, there are so many broker in forex world, however I choose FXOpen because this broker is good and trusted also transparent broker. Offer low spread from 0.0 pip even negative spread on TIckTrader terminal. The company also regulated in three jurisdiction in UK, AU and EU

If still beginners they can choose micro account, this type account designed for newbie trader who want to learn trading with small budget trading and lower risk because only use cent balance, if deposit $10 hence in account balance will available amount 1000, in FXOpen micro account now can start with smallest position size 0.01 micro lot. However if already intermediate trader, choosing STP account will get better trading conditions, the spread is low, no requote problem.