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RolexFX

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  1. RolexFX
    For me, it is CMC and FP markets because their trading conditions are better when compared to other brokers. I prefer using FP Markets mainly because in EURUSD, the spreads drop as low as 0.0 and 0.2 in other major pairs.
  2. RolexFX
    I am trading with FP Markets, an ASIC-regulated broker that provides leverage of 500:1 with their offshore license. There are no issues like spreads widening or servers freezing.
  3. RolexFX
    FP Markets is still my solid broker, with reasonable trading conditions and a wide range of payment alternatives for trading forex, CFD crypto, indices, stocks, ETFs, and commodities. I've been trading with FP Markets for over 5 years and appreciate their customer service, which is quick in responding to clients.
  4. RolexFX
    No, I prefer using manual trading because it costs less compared to EA, and since I trade with FP Markets, the commission cost and minimum balance are lower and more affordable, with spreads starting at 0.0 pips and execution being the fastest at 26 milliseconds.
  5. RolexFX
    As far as I know, scalpers open a large number of positions in a single day and always employ the shortest time period. And since I trade with FP Markets, it is an advantage because of their faster execution and lower spreads.
  6. RolexFX
    Even though I trade with FP Markets, from my personal experience, their trading conditions are reliable, with some of the fastest execution speeds at 30 milliseconds. The spreads start at 0.0 pips in EURUSD, and in other major currency pairs, the spreads average from 0.1 to 0.3 pips for most parts of the day.
  7. RolexFX
    The majority of successful traders keep trading diaries. One of the most crucial things that most novice traders overlook and how it may help them improve their trading setups is keeping track of your trades. Monitoring your trading performance involves more than just looking at your profit or loss.
  8. RolexFX
    Quick profit is possible, and I believe it is referred to as "scalping," in which you trade for a few minutes and then close, as opposed to a daily trader who trades for a day and then closes. There are already many scalper traders, but I suggest learning about forex trading properly before scalping since there are many risks involved in it.
  9. RolexFX
    I scalp with FP Markets under ASIC regulation for higher leverage, and I must say the spreads on their raw (ECN) account are low, averaging 0.1–0.3 pips. It's been over two years trading with them, without any issues like spreads widening or no response from customer service; the overall experience has been good so far.
  10. RolexFX
    Robotic trading is adaptable yet emotionless and moves positions more quickly. A trader can execute with larger earnings while trading manually, but it also takes solid plan and ability.
  11. RolexFX
    I am not aware of any popular brokers, but I can suggest a few good brokers like Etoro, CMC, and FP Markets that are reliable. Personally, I trade with FP Markets because they have a $100 AUD minimum opening balance and a $3 commission cost, which is lower than most ecn brokers.
  12. RolexFX
    If you are going to trade with their demo accounts, attempting several brokers is a good idea so that you can find the most suitable broker depending on the broker's spreads and conditions.
  13. RolexFX
    Using an older broker makes the trader feel more secure due to its experience. I trade with an ASIC broker that has been active since 2005.
  14. RolexFX
    I recommend trading with FP Markets because their spreads are among the lowest I've seen to date. It starts at 0.1 pips at some point during the day, specifically in the EURUSD. The slippage and fee fees are lower, and that's wonderful due to the fact that it's far more exceptional and appropriate for scalping.
  15. RolexFX
    Demo accounts can be useful for new traders because they allow them to become acquainted with trading software and gain an understanding of how the market operates. Since there is no real capital involved in it, they can trade without any risk and develop trading skills or strategies.
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