Francisco

Demo accounts provide a realistic trading environment that helps traders prepare for reality. It helps traders test different trading strategies and see how they perform in real-time market conditions.

I now trade using an FP Markets Raw (ECN) account, which has some of the best spreads available and very competitive trading conditions. I advise giving it a shot and experiencing their ECN pricing at least once.

My choice of good broker is FP Markets. I have been trading with it for nine months without any issues regarding trading conditions or withdrawals.

The spreads are stable even during volatile market situations and the commission cost is lower at $3 per lot when compared to most ecn brokers out there.

Using an older broker is good since they have been in the forex business a long time and most traders prefer them because of their reliability, like ICM and FP Markets.

They have been active for over 10 years, and FP Markets is older than ICM, with regulations from ASIC and CYSEC.

I have traded with most of the brokers mentioned here, and among them, FP Markets is my preference because their trading conditions are robust with regualtion from both ASIC and CYSEC.

For higher leverage, I can even switch to their St. Vincent licence. The customer service has mostly been prompt in answering my queries and, most importantly, the withdrawals have never been delayed or had any issues with them so far.

A demo account is a free tool offered by many brokers. It is risk free with no real money involved in it and can be used to develop new skills and strategies.

The real account is risky, and traders can become successful only if they trade with good strategy and skills. It consists of higher or lower profit and losses.

Try not to let your emotions get in the way while trading live, because whether it be a loss or a win, it can have an effect during trading.

For example, a winning streak can lead you to greed and trade higher, which ends up in a total loss.

There is no best time. I suggest trading when you are ready to take risks and have the money to recover from losses.

From my experience I find price action as a basic form in forex that most traders prefer. It basically describes on how the market moved which also includes trends and key support, it also means buying or selling signals.

It is important to trade regulated broker so that you can be safe from being scammer and also trade free without worrying about the invested money.

I can recommend my broker FP Markets they are one of the oldest brokers active since 2005 with regulation from ASIC, CYSEC and also a St. Vincent license.

In my opinion, the best choice of broker I have made is FP Markets because compared to my previous brokers, FP Markets has better trading conditions and lower commission costs.

Even the spreads are some of the lowest and stable even during high volatile market situations.

If you are trading with a new broker, I suggest investing with a lower capital for a few months till you have gained the proper knowledge and trust of the broker.

Because many scammer brokers block your withdrawals and do not reply or answer to the queries at a later stage.

I recommend trading with FP Markets for lower spreads. The spreads in FP Markets starts at 0.0pips in most major currency pairs, and it is table even if the market is highly volatile.

What is the latest forex strategy in the market, and does it work for scalping and hedging?

I currently trade with FP markets, and from my experience, their Trading conditions and customer service has been excellent.

Even when I had minor hiccups with my document uploads, their team was swift and helped resolve my problems instantly; I recommend them to anyone looking for a reliable broker.

I'm a scalper, and for me, lower spreads are important, which is why I trade with FP markets because their spreads are stable and lower even during high volatile market situations.

Yes, risk is a common factor even in forex trading. Traders take risks in trading for the benefit to improve their trading strategy and gain higher profits.

I would rate my broker FP markets an 8 out of 10 because their trading conditions are best with some of the lowest spreads and commission costs.

The only drawback is that they are not available for US and Canadian customers.

I use an ASIC broker, FP Markets for scalping. It is one of the oldest brokers active since 2005, with over 15 years of forex business experience.

They raw ecn spread accounts offer the best trading conditions with tight spreads, and the customer service dedicated managers are polite in solving most of my queries.

I'm a scalper, and for me, the best condition to scalp is using a good broker that has tighter spreads with faster executions which is why I trade with FP Markets.

And the advantage of using FP Markets is that they offer some of the lowest commission costs and slippage.

I would recommend you to use FP Markets. It's a good choice for scalping. The commissions are lower compared to other similar ECN brokers, and they only charge US$3 per lot, spread starts from a little as 0.0 Pips.

Many forex traders prefer using the MT4 because of its simple functionality and are still quite popular.

Before investing in your forex broker, it is better to do a background check on them if it is reliable and genuine and make sure it is regulated.

Choose a broker based on your trading strategy and skills. It should be suitable based on your experience.

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