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bigxy

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Everything posted by bigxy

  1. Maybe it is because they want their traders to trade in the exchanges established under their own jurisdiction and pay taxes to them on their gains.
  2. Demo account practicing should be done for more than 6 months before going to live trading, though this seems bit tiring job however it is the biggest asset of any successful trader.
  3. There are many past examples of regulated brokers turning into scam so i think honesty, reliability and repute is needed more than regulation factor and these factors should also be considered while choosing any broker.
  4. The benefit i found out from trading forex is that i am already paying my bills through it and the good part is that it had enabled me to utilize my free time into making money.
  5. Please elaborate a little more of exactly what are you looking for..? BTW welcome to the forum!
  6. I guess we need to deposit money in order to become eligible for the withdraw and in fact no free soup is offered for anyone.
  7. Not only hotforex but i have seen many brokers are not offering services to these regions and it might be due to the strict regulations of US.
  8. Do you mean North America with NA or which region are you referring to..!!
  9. Me too doesn't rely on these EAs as they may double the trouble in the middle of trades as they are not wizards.
  10. So what you think where this company is ranked right now, may be among 100 or in top 50s?
  11. I guess he might be referring to back testing any strategy on a demo account, in my opinion!! Please correct me if i am wrong, thanks.
  12. Not much addicted to forex trading but usually it helps me pay me bills easily if i give it some time daily on regular basis, so far it is good.
  13. I guess there are also some brokers which allows social trading as well as PAMM and as per my knowledge they can also be good option for new traders and those who wishes to look for another option to earn money but not sure about how to trade.
  14. Forex trading is easy however earning money through it may requires some extra skills so anyone willing to earn from it should stay focus on learning it before going to live trading.
  15. Can we make our deposits to forex broker through this card, hotforex do allow credit cards deposits but not accepting bitcoin at the moment.
  16. So did anyone here tried PAMM accounts offered by this broker, i usually receive their PAMM performance emails but haven't understand it fully. Please help me how can i take benefits from them?
  17. Yes it might be really hard to compete among the top professionals coming through out the globe however i think we should take a chance to participate in it as those who take risks may succeed eventually.
  18. Bonuses which have least terms and condition can be helpful however we need to check their terms and conditions properly before availing them.
  19. I better suggest keeping the necessary capital with the broker as we cannot depend on these brokers so its good to withdraw the profit earned on the invested capital.
  20. A good contest indeed by hotforex with a handsome list of prizes for everyone even a runner up will be able to take 400 cash prize.. sounds good for me!
  21. I sometimes do trade on GBPUSD during london session and its also good for earning extra bucks so it can also be another good pair to trade.
  22. I guess bonuses are more complex to understand however if anyone allows no deposit bonuses to trade and withdrawing of profits is easier without depositing anything then we can take a try otherwise it is good to learn through demo trading.
  23. My favorite currency pair is EURUSD which is mostly liquid and carry a very low spread amount as compared to others.
  24. Thanks for sharing it however i better suggest sticking to trade major currency pairs as they are less risky than other exotic pairs and i have noticed that lmfx is offering sufficient currency pairs to trade beside other trading commodities.
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