RodriJames12

In most cases, irresponsible trading results in rapid profits and margin calls. Because it's your real money you're trading with, use caution.

Therefore, pick a broker carefully and in accordance with your trading style. Some brokers, like FP Markets, are rigorous about the use of scalping.

Because FP Markets is an established broker with more than ten years of experience in the forex market and is licenced by ASIC, in my opinion, it is a good broker.

Since I've been trading with it for nine months, there haven't been any significant problems with deposits or withdrawals, and the commission fees are reduced.

In my opinion, FP Markets is a very qualified broker, which I have proven since I joined here a long time ago. They are already over 15 years old, and they provide some of the lowest spreads, starting at 0.0 pips, and excellent trading speed at 30 ms.

Keeping track of your trading activity is a good idea because it can help you identify any mistakes you made in a prior deal and develop a stronger trading plan for subsequent ones.

After burning several of my accounts with different brokers, I prefer FP Markets because their trading conditions are competitive.

I trade with their raw spreads account, where the average spread in EURUSD is 0.0 pips and the execution is fast at 35 ms.

As a scalper, I will say MT4 because it is the best platform for currency trading, and I use FP Markets' MT4 mobile version, which works fine during travel.

Even I agree with the statement that using different brokers is good to know which one is reliable and provides good trading conditions.

But it is also important to know what methods you are going to use when trading with several brokers, because using their live accounts can be an unnecessary expense.

You should choose Etoro or FP Markets for reliable trading conditions. I now use FP Markets because the spreads are much tighter, and for over 2 years I still have not come across any major issues with it.

I believe that narrow spreads and quick execution are ideal for scalping since they increase profitability.

Always choose a broker with your own knowledge and trading experience. For example, I trade with FP Markets because they are good for scalping, have a low commission cost of $3 per lot, and have spreads that start at 0.0 pips.

I prefer trading manually because EAs need to be setup and most of their profits are lower when compared to manual trading.

When looking for a new broker, it is best to read reviews from other traders and try their demo account to understand their trading conditions.

I would mostly suggest trading with regulated brokers that have regulation from top entities such as ASIC or FCA, like ICM or FP Markets.

Robot trading is flexible but lacks emotions and executes positions faster. When manual trading, a trader can execute with higher profits, but it also requires good strategy and skill.

There are many brokers that offer free demo accounts, some of which do not even have an expiration date. For example, I used to trade with an FP Markets demo account, which had an expiration only if it was not used for several months, and it was easy to activate it again.

I do agree that older brokers are reliable because of experience, but it also depends on the trading conditions and should be suitable according to the trader's trading style.

FP Markets is an older broker that has been in forex since 2005, and I use it for scalping because of its lower spreads, commission cost, and fast execution speed.

I trade with an older broker that has been active for over 12 years, known as FP Markets. They have regulations from ASIC, CYSEC, and also an offshore licence from St.Vincent.

I trade with a leverage of 500:1 using FP Markets' St Vincent licence. The main reason I used FP Markets is also because of their stable spreads during volatile markets, and they are one of the oldest brokers active since 2005.

I trade with FP Markets using their Raw ECN account that has a minimum opening balance of $100 AUD with some of the lowest spreads and commission costs than most ECN brokers out there.

The customer service is quick in responding to most of the clients' queries, even through emails and live chat.

My trusted broker is FP Markets. I have been trading with them for 2 years now, and so far no major issues have occurred.

They have over 10,000+ instruments to trade in global stocks or commodities. Even the customer service is quick in responding and solving clients' queries.

For tighter spreads, I suggest using ECN brokers such as Skilling or FP Markets since their spreads range from 0.2-0.4 pips in most major currency pairs.

Leverage is effective when used with a proper trading strategy and skill. Using higher leverage is riskier, but the profit earned is high if the trade is successful.

And if the trade is not successful, the loss is greater than the invested capital.

Leverage is effective when used correctly with a good strategy, and traders can choose to use higher or lower leverage depending on their trading experience.

The best way to pick a broker is to first read reviews about it from other traders and try their demo account for a while, I recommend using regulated brokers like LCG, XTB, or FP Markets to avoid being scammed.

Leverage is not bad. It has its own advantages and disadvantages, like using higher leverage can bring in instant profits or losses based on your trading skills.