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AndrewJ

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  1. AndrewJ
    In my opinion, it is Skilling and FP Markets because they both are regulated by ASIC and the customer service has been disappointing, even though the reviews give positive feedback about their customer service. The only main reason I use FP Market is because the spreads are tighter, starting at 0.0 pips, and the execution speed is faster at 28 ms.
  2. AndrewJ
    I trade with FP Markets using both their live and demo accounts; the demo account is used to monitor and build my abilities. This is now, in my opinion, a viable choice for such a work.
  3. AndrewJ
    Most brokers mentioned in this thread are good and reliable for trading. Even I prefer FP Markets for its robust trading conditions with the lowest spreads and commission costs of any ECN broker I have come across.
  4. AndrewJ
    If you can't manage your emotions, don't trade with large leverage since it will lead to greed. Low leverage is safe leverage. Many PAMM managers in FP markets use leverage of 1:100; however, we may use leverage of 1:500.
  5. AndrewJ
    In my opinion, the most trustworthy broker is FP Markets, which is regulated by ASIC, CYSEC, and has an offshore licence from St. Vincent. The customer service is quick in answering and solving most of my queries, even when I reach them via email or live chat.
  6. AndrewJ
    If you want to trade US dollar-related currency pairings such as EURUSD, USDJPY, GBPUSD, and so on, the optimum forex trading time in India is between 17:30 IST to 20:30 IST. The EU trading session and the US market trading session will overlap at this time.
  7. AndrewJ
    The best condition for scalping for me will be tight spreads and faster execution speed, which is why I trade with FP markets their spreads average from 0.1-0.3 pips with an execution speed of 30 Ms.
  8. AndrewJ
    The brokers that I find reliable are Etoro and FP markets, they provide some of the best trading conditions with good customer service. FP Markets is also an older broker that has been active since 2005 with regulation from ASIC, CYSEC and from an offshore license St. Vincent.
  9. AndrewJ
    Low-spread brokers are mostly ECN. I advise traders to trade with ICM, CMC, or FP markets since they provide spreads as low as 0.1 pips.
  10. AndrewJ
    To my knowledge, most brokers provide free demo accounts, but there are a few brokers like Avatrade and FP Markets that also provide educational materials for newbies venturing into forex for the first time.
  11. AndrewJ
    I rate my broker 4.5/5 based on their reliability, trading conditions, and cost. I mostly scalp with it and the commission costs with spreads are lower than most ECN brokers. It is one of the oldest brokers active for over 12 years with regulation from ASIC, and I have never come across any major issues with them for the past year.
  12. AndrewJ
    No, I use manual trading because I personally find manual trading has much better profits when compared to EA trading, even though there is a minimum risk and time is involved in it.
  13. AndrewJ
    The most important thing that we have to know is that our psychology when trading with a demo account and a real account is different. Using a demo account when trading has no risk, so traders do let emotions and pressure get to them. When trading live with real money, however, there is risk involved, and traders feel the pressure and allow emotions to take over, which can lead to mistakes.
  14. AndrewJ
    The most important thing that we have to know is that our psychology when trading with a demo account and a real account is different. Using a demo account when trading has no risk, so traders do let emotions and pressure get to them. When trading live with real money, however, there is risk involved, and traders feel the pressure and allow emotions to take over, which can lead to mistakes.
  15. AndrewJ
    There are a few brokers that I have come across in my trading experience. CMC Markets, Vantage and FP Markets are reliable brokers to trade with that have good trading conditions, especially FP Markets' customer service is quick in responding to queries, even through emails.
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