James Mcgrant

A common industry expression used to describe the act of purchasing is "going long." On the other hand, investors and traders refer to the act of selling as "going short." Traders will go long when they expect that the price of the asset will rise. Alternatively, they go short when they expect that the price will fall.

I would say any top tier regulated broker is good. I trade with FP Markets, an ASIC broker that also has an offshore licence with St. Vincent. It's been over a couple of years with them, and I have not faced any major issues, even the withdrawals are smooth and without delay.

Quick profits may be achievable, but you wouldn't be making profits with each and every transaction, and hence, you need to learn about managing risks to achieve success in forex trading.

Similarly, I prefer FP Markets over other similar ecn brokers because their spreads are consistently tighter, starting at 0.0 pips in EURUSD. The other main reason I choose them is their commission cost, which is $6 per round lot with a higher leverage of 500:1.

Demo contains everything a trader requires to learn and practise their trading skills. The only thing a demo can't teach you is how to train your emotions, but there are plenty of other things to learn, such as broker platforms and their tools.

In my opinion, FP Markets provides some of the best trading conditions, and I have been trading with them for two years without any issues. The spreads are tight, starting at 0.0 pips in EURUSD with some of the lowest commission costs of $3 per lot and an execution speed of 30 ms, which is faster than my previous brokers.

No, I prefer trading manually since EAs can be expensive and manual trading seems more profitable than EAs for me.

It's been working well for me during the past 10 months of trading. The average spreads are exactly as promised at 0.0 pips, and the commission fees of $3 per lot are fair.

As per my trading knowledge, I know scalpers open many positions a day and always use the shortest timeframes.

Robots provide much more profit when compared to manual trading. Robots can be expensive, but they provide constant profit.

If you are looking for a good broker with proper regulations and trading conditions, I recommend FP Markets. They have regulations with ASIC and CYSEC. It has been over a year with them and I have never faced any major issues, even regarding withdrawals, which have always been smooth.

Taking a lower-level position can help you advance your career if it fits into a larger, long-term plan.

There are several brokers that offer free demo accounts. For example, I trade with FP Markets, which offers a free demo account that expires when it is inactive for over a month. They also provide educational materials like webinars, e-books, and more for newbies venturing into forex for the first time.

FP Markets is where I currently trade. I prefer to work with them because of their ASIC regulations and quick customer support team. Spreads on major pairs such as EURUSD start as low as 0.0 pips and there have been no server freezing issues to date.

Using an experienced broker such as FP Markets is recommended because they are an older broker with over 15 years of forex business experience and they hold regulations with ASIC and CYSEC.

Scalping can be profitable only to traders that trade with proper knowledge, strategy, and a reliable broker.

In demo trading, there is no real risk or capital involved, so traders can trade without worrying about the money. They can use the demo account to try various skills and strategies.

Scalping is a quick way to make money, so it is critical to trade under favourable conditions such as fast execution, low spreads, and slippage.

The demo account has no real risk or money involved in it, so traders have no emotions attached that can have an effect during trading. The demo account is mostly used for practice to develop skills and strategies. While live trading accounts involve real risk and capital, this can have an impact on traders' emotions during live trading. Live trading brings in real profits or loss and demo trading brings in fake profits or losses.

Most traders use lower spread brokers because with low spreads it is possible to get income easily and low spreads indicate that the volatility is low, try the demo or live with FP Markets or IC Markets.

I advise you to only attempt different brokers if you are not satisfied with the current broker conditions or due to certain issues, because switching between different brokers also involves capital movement as well.

The main reason I prefer regulated brokers is because they provide traders with reliability that their invested money is safe and they are not scammers or manipulators of the market.

I choose brokers based on my trading style and method. For example, I trade with FP Markets, an ASIC regulated broker that has a minimum opening balance of $100 AUD with good customer service.

Trading is mostly about predicting, but it is also about calculation and finding the best time to sell or buy.

I'm a scalper using FP Markets and, from my experience, I can say their trading conditions are good with low spreads and slippage suitable for scalping. The execution speed is faster than my previous broker, ICM, and the commission cost per round lot is only $6.