Paul12

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Choose a broker that is suitable for your trading conditions and reliable. For example, I prefer trading with FP markets because the spreads and commission costs are lower, which is suitable for me while scalping.

I trade with an ASIC broker as of now, and I started trading with FP Markets after blowing up several accounts with other ECN brokers such as GP and XM. I mainly prefer FP markets for their spreads and commission costs, which are lower when compared to most ECN brokers out there. The spreads average around 0.3-0.0 pips and the commission cost is only $6 per turn lot.

Why do most experienced traders advice beginner traders to avoid trading in short term bases and what are risks involved in short term trading?

Most traders prefer using an ECN account broker because they provide some of the lowest spreads on major currency pairs. Brokers such as CMC Markets and FP Markets offer eCN accounts with spreads averaging 0.0 pips for the majority of trades. In particular, FP Markets offers some of the lowest commission costs at $6 per round lot with a $100 minimum opening balance.

Choosing a regulated broker is a good idea because regulated brokers are much safer to trade with than unregulated forex brokers that offer higher bonus offers that can later be scammed. I trade with FP Markets, an ASIC and CYSEC regulated broker, so they adhere to strict capital requirements and there is no room for scamming or manipulating trades.

I rate my broker FP Markets as reliable and good because their trading conditions are some of the best with regulations from ASIC and CYSEC. The spreads and commission costs are lower than other similar brokers.

Traders need to look for regulations in brokers before investing in them because brokers without regulations can be scammers or market makers.

Most traders prefer using the MT4 platform due to its simple trading software and tools. Their trading system is not as complicated as the MT5, and it is suitable for traders trading mostly with currencies.

For little spreads, I suggest trading with FP Markets. I trade using their raw account with spreads starting at 0.0pips in most major currency pairs like EURUSD, JPYUSD, GBPUSD etc...

My trusted broker is FP Markets because it has been active since 2005 with regulations from CYSEC and ASIC. They have a reliable customer support team that answers most of my queries through phone, live chats and emails.