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I think every broker would have slippage when trading during news. I think some brokers like XM, HFM and ICMarkets are good choice for news trading.

A demo account is a safe place to learn. However, many traders win on demo but lose on live accounts. This happens because emotions are very important in trading. A demo account cannot teach you how to control your mind. It only teaches you the technical parts.

Many brokers use bonuses to trap new people with high lots. You should choose a broker with a good license and clear rules. Then, the bonus becomes a helpful tool for you.

The best course is the market itself. You must journal all your trades, review your losses every week to find the real problems. This is the way all frofessional traders learn.

Thank you for this great summary for beginners. I totally agree that the demo account is very important. You must learn Risk Management before using real money.

I agree that safety comes first. Many traders lose money not because of bad strategy but because of bad brokers. I prefer brokers with strong regulation and fast withdrawal. If the platform is easy to use, it’s a big plus. We trade better when we trust the system we use.

Contests also improve emotional control. When you compete, you feel pressure to perform well. That’s when real psychology shows up. Learning to stay calm during wins and losses helps in long-term trading.

EMA is fast to react to price changes, but it can also give false signals in a ranging market. I learned to wait for market structure confirmation first. It’s best to combine EMA with support and resistance levels. That way, trades become safer and more consistent.

The good part about trading is you don’t need big machines or power. Just a phone or laptop is enough. You can buy spot crypto or CFDs anytime. That gives freedom to small investors.

Demo contests are a good way to build trading discipline. You have to plan, analyze, and manage trades just like in real accounts. It’s not about luck but about skill. If you treat it seriously, you can grow faster as a trader.

The idea of bonuses is fine if traders understand it correctly. Use it wisely, and it can help you grow faster. Abuse it, and you will lose even faster. Trading is all about discipline, not luck.

I think HFM’s leverage options are okay. 1:400 is not too risky if you know how to manage your lot size. The problem is when people open big positions with no stop loss. That’s why most beginners lose fast. Leverage itself is not bad, but misuse is.

Pairing demo with free webinars is a smart idea. I learned a lot from brokers who explain basic strategies step by step. When I apply them on demo, I understand faster. It’s also less stressful because no money is on the line. I think every beginner should do this.

I have tried many brokers, and I learned that support service is also important. Some brokers answer very fast, others take days. Even if a broker has low spreads, bad support can make it useless. I prefer a broker that helps me quickly when I have a problem.

Sometimes I just want to watch short clips from the webinars instead of full sessions. Maybe they can upload highlights or summaries. That would save time and still give us the key points. It’s easier for people who are busy but still want to learn something new.

PAMM worked well for me when I started trading. I didn’t know how to analyze charts, so it was easier to let someone else trade. After some time, I wanted to learn more and switched to copy trading. Now I follow 2–3 traders with different strategies. It helps me learn faster. Both systems are good depending on your goals.

A trade journal is a must-have for real improvement. It helps you see your emotional mistakes and learn from them clearly. You can’t fix what you don’t track.

HFM should hold a crypto trading contest. Counting all volume trading from Crypto pairs only. That would be interesting.

The CPI and NFP news always create high volatility. Sometimes it is better to stay out and watch the market first. I usually wait for the first reaction, then decide if I should trade. This reduces the chance of big losses. Many brokers cannot handle the fast moves. HFM still gives me good fills but I always use small lots in news time.

I think safety is more important than only speed. Some brokers send money fast, but they have high fees or hidden costs. I prefer to use brokers with local bank partners. For me, HFM and Exness are quite good.

Fundamental analysis needs patience, because results show in weeks or months. Technical analysis gives faster entry and exit. I think combining them gives balance. Long-term idea from fundamentals, entry from technicals.

MT5 also allows trading in more markets like stocks and commodities. MT4 is mostly for forex. So if you want to expand, MT5 is useful. The reports and analysis tools are also stronger. This is why many brokers promote MT5 now.

A contest like this is good motivation. Many people join because they want to prove themselves. But making over 1k% is not realistic in normal trading. Still, the contest helps to build confidence. It also shows how strong some strategies can be. Everyone learns something new from it.

HFM also has the Demo Contest every month. In September the winners can get up to $2,000, $1,000 and $500 in trading bonus. It is good for new traders because you can join with no risk. You only need to trade on demo and if you win, you receive bonus in your live account. I think this is very fair.

Some brokers never let you withdraw bonus itself, only profits. This is normal in the industry. The bonus works like extra balance to support positions. I think traders should accept this. If you only want free money, you will be disappointed. Better to focus on trading skills.