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Guerrero

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  1. Guerrero
    REPUTATION!
  2. Guerrero
    The major reason I favour licensed brokers is that they offer traders the assurance that their money is safe and that they are not market manipulators or fraudsters.
  3. Guerrero
    You may utilize the demo account to access the trading platform and practice in the actual market. Demo trading is quite useful for a newbie. I began working with broker FP Markets, and I can say that the demo training procedure became a reference point for me.
  4. Guerrero
    I suggest trying Fxview because it is similar to FP Markets spreads, which start lower at 0.0 pip in EURUSD and 0.2 for major pairs. The only difference between FxView and FP Markets is their execution speed, which is a bit faster in FP Markets, but the commission cost is lower in FxView.
  5. Guerrero
    I can recommend a couple of reliable brokers, like ICM and FP Markets, because they are some of the oldest brokers with regulation from ASIC and provide robust trading conditions like lower spreads and faster execution speeds.
  6. Guerrero
    I agree with a few comments that EA trading is way more expensive than manual trading. Choosing a broker that is suitable can be advantageous. For example, I use FP Markets because the spreads start at 0.0 pips in EURUSD with the lowest commission cost of $6 per round lot.
  7. Guerrero
    @Harvey Same you even I trade with FP Markets, but I prefer using their MT5 for scalping because the MT5 provides much more tools and analysis.
  8. Guerrero
    I have traded with various brokers in the past four years, and after burning several accounts, I currently stick with FP Markets. I've been trading with them for over two years using their raw ECN account. Spreads are tight as promised; they move around from 0.1 to 0.3 pips for most major currency pairs with regulations from govt bodies such as ASIC and CYSEC.
  9. Guerrero
    No, you cannot avoid risks in trading, it is based on taking risks to obtain higher profits. But you can avoid certain risks in trading by using reliable brokers. For example, I trade with FP Markets to avoid being scammed since they have regulation from ASIC and their trading conditions are robust.
  10. Guerrero
    There are a few good brokers in Australia like FP Markets, Etoro and CMC Markets that are regulated by ASIC with good trading conditions.
  11. Guerrero
    You will be able to focus more on the trading technique and spend less time looking for fresh possibilities if you have faith in the indications you are receiving.
  12. Guerrero
    I trade using an ASIC broker, FP Markets, that provides over 60+ currency pairs that are divided into minor, major, and exotic currency pairs.
  13. Guerrero
    For lower spreads, you can check out Skilling or FP Markets since they provide some of the lowest spreads in my opinion when compared to most ECN brokers. The spreads in major currency pairs average around 0.1-0.3 pips for most parts of the day, and in EURUSD it goes as low as 0.0 pips.
  14. Guerrero
    I trade with FP markets using their offshore licence, which provides a leverage of 500:1. I mainly use them because of their tight spreads, which start from 0.0 pips and with their fast execution speed, which is 1ms since I use their free VPS.
  15. Guerrero
    It is better to trade with a regulated broker because using an unregulated broker can be risky and they are mostly scammers, regulated broker are restricted due to certain activities by regulations.
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