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Posted

According to me, the Forex trading can be easier if you have proper trading plan , real money managing approach  , knowing the ability how to manage risk , real time of using Stop Loss , proper trading analysis and much more.  Otherwise not.

  • 4 weeks later...
Posted

Forex market allows traders online or virtual trading platform to the trader where currency exchange is the core of all activities. Investors can make investment in foreign company’s stock, traders can engage in currency exchange trading etc. One of the greatest advantages of forex market is the virtual nature or infrastructure of it; this over the counter market allows traders to trade 24/7, from anywhere around the world. For example, I am UK resident, but operating in forex market with a regulated platform AAFX from my home.

  • 4 weeks later...
Posted

Nowadays,  Forex is definitely a profitable business. The first thing as a newcomer you need to do is learn everything you can about the market . then before you get a real account , get a demo account and practice as much as you can so you will get a better idea about the market. You probably should use the demo account for months. However , if you feel like you are ready , then by all means open up a real account.  

  • 2 weeks later...
Posted

Forex the virtual, over the counter market that facilitates foreign currency exchanges on a global platform. Traders can engage in forex trading from anywhere around the world, they can trade at any time, day or time. Forex; being the online platform provides numerous opportunities so that both the retail and pro traders can engage in forex trading as per their own trading requirements. Mini accounts and standard accounts are providing options to the traders so that they can invest any amount.

  • 4 weeks later...
Posted

For leading a secure and profitable trading life with certainly there is no alternative way to trade in a broker which is regulated. Because only regulated trading brokers can make sure security of funds at any deposits with a wide range of trading technologies.  

  • 4 years later...
Posted

We should also go for a reputed broker beside being regulated because you never know when even a regulated broker turned into scam like some bad examples of the past. Not sure if those traders got their money back yet.

  • 2 years later...
  • 4 weeks later...
Posted
On 2/2/2018 at 10:03 PM, Joy Bahadur said:

For leading a secure and profitable trading life with certainly there is no alternative way to trade in a broker which is regulated. Because only regulated trading brokers can make sure security of funds at any deposits with a wide range of trading technologies.  

Yeah I also opted for regulation despite that max leverage is lower. Currently stick to HFM and so far satisfied. 

  • 4 months later...
  • 2 weeks later...
Posted

From my experience, being regulated is not just about legal paperwork. It usually means the broker follows certain standards like segregated accounts, regular audits, and clear dispute procedures. I’ve seen unregulated brokers freeze accounts or delay withdrawals without explanation. If you're serious about trading long term, going with a regulated broker is just the minimum. You still have to evaluate fees, trading conditions, and how they treat their clients.

  • 2 weeks later...
Posted

I guess better going through some of your own research shortlisting a few brokers like hfm, xm, exness, lmfx etc and comparing them together to find out which one suits to our needs.

  • 2 weeks later...
Posted

Forex trading offers flexibility, but it's crucial to understand the risks involved. Starting with a demo account, for example with HFM, can help build confidence before transitioning to live trading.

  • 2 weeks later...
Posted

Demo accounts comes with their own benefits starting from testing any brokers processes without depositing money with them to back test any strategy before implementing it to the live account.

  • 2 weeks later...
Posted

Leverage can be a powerful tool so we need to learn how to use if effectively since it can also lead to losses when the market conditions are uncertain or we are opposite to the trade we took with high leverage. 

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