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Paul12

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  1. I trade with FP Markets, and in my opinion, I consider it to be the most trustworthy forex broker because they are ASIC-regulated, and I've been trading with them for nine months with no big problems such as server freezing or spreads expanding.
  2. Most beginners prefer scalping because it is one of the quickest methods to earn profits. Even though the risk is higher, it is also profitable when traded with a proper strategy and broker. I use FP Markets because the spreads are tighter, averaging around 0.1–0.3 pips, with a faster execution speed of 26 ms.
  3. For beginners, I suggest trading with MT4 since their tools are easier to understand, and the suitable broker in my suggestion is FP Markets because their educational materials can help beginner traders learn and develop skills in forex trading.
  4. Learning forex has been considerably simpler in recent years, with traders able to watch videos on YouTube, participate in forex forums, and benefit from instruction given by brokers such as Vantage and FP Markets. Furthermore, many brokers provide a significant deposit bonus.
  5. Traders want to know that their funds are secure, but brokers do not give such assurances. I picked FP Markets as my broker for trading, and so far I am pleased with the outcomes because they are regulated by top-tier govt bodies such as ASIC.
  6. For me, the most significant factor in selecting a broker was and continues to be its dependability. This, I believe, heavily influences my choice of a broker for trading. Which is why I use FP Markets because it is an older broker active for over a decade with regulation from ASIC and provides some of the best trading conditions.
  7. Traders trade with several brokers until they find the suitable broker choice; hence, there is no best broker, but there are reliable brokers that most traders would agree with, like CMC, Etoro, and FP Markets, which are some of the brokers that I came across with several positive reviews and regulation from govt bodies such as ASIC and FCA.
  8. No, I prefer trading manual since EA trading is expensive, and using a broker like FP Markets, the commission costs and spreads are lower when compared to other similar brokers.
  9. I have been trading with the same broker since day one, and that is FP Markets. It has been over a couple of years with them, and to date I have had no major issues. Though their regulation is from ASIC, I use their St.Vincent licence for higher leverage at 500:1, and the customer service is quick in responding to clients queries.
  10. I trade using FP Markets; their trading conditions are good; spreads in an ECN account start at 0.0, even with possible negative spreads; and the withdrawals have been smooth so far.
  11. Although automated trading minimizes the frequency of errors such as fat finger blunders, which are more common in manual trading, faults do occur when creating or implementing an automated system.
  12. FxOpen is also a good broker as FP Markets they both provide tighter spreads of 0.1-0.3 pips for most major pairs and the main reason I use FP Markets is because the spreads are also stable during volatile market movements with regulation from ASIC.
  13. I have been trading in the forex market for over three years and have burned several accounts with various brokers. I currently trade with FP Markets, an ASIC broker, with a commission cost of $8 per round lot, and the spreads start at 0.0 pips in EURUSD and average around 0.1-0.2 pips for most parts of the day.
  14. Scalpers may tackle the challenges of this period by using three technical indicators designed specifically for short-term opportunities. Scalping tactics operate best when the intraday tape is strongly trending or range-bound; they don't perform so well when there is disagreement or uncertainty.
  15. It is good to try other brokers because comparing other brokers can help you find a suitable and low-cost broker. I suggest either trading with their demo account or investing with a smaller account if you are going to attempt more than two brokers.
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