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Hudson

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Everything posted by Hudson

  1. I feel that it is critical to appropriately organize the trader's job. I can tell you from personal experience that this is really tough.
  2. Based on the number of brokers that I have traded with in the past, FP Markets is a better broker because of ASIC and CYSEC regulation. There are no issues like spreads widening, and the customer service is quick in responding to client queries.
  3. Yes, there are several methods, and one of them is scalping. It is one of the quickest methods to earn profit, but it also comes with a risk of loss when not traded properly. It is better to trade with regulated and suitable brokers for better trading. For example, I use FP Markets for scalping because the spreads start at 0.0 pips and the execution speed is fast at 30 ms, which is better than my previous brokers.
  4. A beginner trader should focus more on demo accounts before live trading because the demo helps in understanding the forex market and familiarising beginners with their brokers platforms. Using a broker such as Avatrade or FP Markets is also good because they provide educational materials such as ebooks, webinars, and video tutorials.
  5. I have not started but would like to know which bot is better and how much it costs because I trade with FP Markets and so far it's going well, but due to certain reasons I'm not able to focus on the trading.
  6. Risk will always remain in foreign exchange, and as far as I know, if someone wants to remove the risk, they must also remove their opportunity to benefit. Even choosing a broker is risky because there are several unregulated scam brokers, so choose old regulated brokers like ICM or FP Markets for better security.
  7. Since there are many new brokers in the market that provide good bonuses, scammers also use it as a method to lure in traders. It is better to use an older, reliable broker. I use FP Markets, an ASIC broker that has been active in the forex business for over a decade and also provides robust trading conditions with quick customer service.
  8. I trade with an ASIC-regulated broker, FP Markets, using their offshore licence from St. Vincent and a leverage of 500:1. I've been using it for a couple of years, and so far no major issues have occurred, even the execution is faster at 26 ms.
  9. I have been trading with FP Markets using my MetaTrader 4 account for nearly three years. The platform provides a wealth of valuable resources that will enhance your knowledge and expertise in daily forex signals. Their trading conditions are robust, with spreads moving from 0.1 to 0.3 pips in most major pairs.
  10. If you are new to trading and have limited understanding, you can use a robot. Their study is quite simple to grasp; simply read their trend, which is increasing. You just gamble on the growth.
  11. In my opinion, knowledge is unquestionably important in trading. This is the only method for a trader to get favourable outcomes.
  12. It is better to avoid using any broker that provides bonuses because they either have a condition to be met, and I suggest using proper regulated brokers like Vantage or FP Markets that provide good trading conditions.
  13. In general, a demo account is required for a trader to work. When I first started dealing with an FP Markets broker, I worked with a demo account.
  14. I trade GBPUSD using FP Markets, and the best times for me are before 11 a.m. and after 2 p.m. I have time to unwind, and this benefits my performance.
  15. Each trader chooses their own broker, and as long as using the company's services is comfortable and easy, we will continue to do so. So far, my trading experience with FP Markets has been easy and comfortable, and all withdrawals have been processed without any issues, which is important because the main objective of trading is to make money.
  16. I trade with FP Markets, and it is a comfortable broker for me even when trading during volatile situations because the spreads are stable and consistent.
  17. Recently, I traded with FP Markets, which offered low spreads starting at 0.2 in other major pairs and 0.0 in EURUSD. Before starting with it, I checked its reviews, and many traders have given it positive reviews.
  18. The only reason I can come up with for how brokers make their money is through commissions. I trade with FP Markets, and they charge some of the lowest commission costs at $3 per lot.
  19. The ability to use a demo account is quite helpful for traders since it allows them to practise their strategies before engaging in live trading. For beginners looking for good broker I suggest Avatrade or FP Markets because they also offer educational materials.
  20. As you automate your approach and move it to a VPS platform, you'll notice a significant improvement in performance. After switching from my house computer to a virtual PC close to Hotforex's servers, my profits jumped dramatically.
  21. If you are a beginner, I suggest trading with MT4 since it is simple to understand and mostly used for currency trading. If you are looking for a more advanced version, the MT5 is better because it provides both currency and stock trading with additional tools.
  22. From my experience, I favour FP Markets due to their competitive trading circumstances. I trade with their Raw spreads account, which has an average spread of 0.0 pips in EURUSD and a fast execution speed.
  23. Scalpers purchase and sell assets swiftly, frequently within seconds, with the goal of profiting from minute price movements in enormous transaction volumes. A scalper is also someone who buys in-demand products or event tickets in order to resale them at a higher price.
  24. I recommend using FP Markets since it is a legitimate ECN broker that is authorised by ASIC and Cysec, and its reputation has been maintained since 2005. Trading conditions are favourable because it offers minimal spreads starting at 0.0 pips and immediate execution in 30 milliseconds.
  25. The amount of pairings offered by the broker is unimportant; in any case, I trade with FP Markets, which offers over 60 currency pairs categorised into minor, major, and exotic currency pairs.
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