Hudson

I prefer trading with an reliable broker like FP Markets because it is one of the oldest brokers to trade and they are ASIC regulated.

Leverage is an advantage to me because as a trader I prefer trading with lower investment and use high leverage to trade.

If you have a good risk management strategy using leverage would be an advantage because higher leverages do not only have a higher loss in value but also in profit.

Scalping is one of the quickest ways to earn profit and the fastest way to blow your account if not traded correctly. The best condition to scalp is using a broker with lower spreads, slippage, and fast execution speed, and as per my research, I find FP Markets suitable.

I suggest trading with the daily time frame because a trader can also analyze the trades using the daily time frame, and many traders prefer this time frame to develop their strategy.

I would advise newbies to trade long term and avoid short term, as short term requires experience and money management skills, which most beginners or newbie take or need time to learn.

Why do most beginner traders recommend scalping than any other method? Is it safe for beginners venturing into forex to scalp?

As a beginner, is it important to choose the right broker for demo trading or only during live trades?