The new traders being unaware of the market conditions should keep the leverage low in start or otherwise higher leverages can claim higher...
Still hard to find some lol but actually the forex market is crazy where many buying and others selling at the same time thinking they are more...
And all this takes some time to master the skills, means seriously does not comes right over the night IMO!
I have seen similar posts but cant figure out what and how to ensure security of funds exists because we already knew that there are many bad...
Actually these traders when lose money losses more while chasing their lost money, it is better to work out on a proper trading plan and let go...
Economic calendar by fxfactory is a good pick, we can also check bloomberg, economies.com etc for further news updates.
In my opinion FPA can be a good resource while checking reviews for any particular broker.
All the major pairs can be considered for trading if you are a new trader however its better if we can opt for one or two in start.
Not all of the brokers steal or no one of them steals money from traders but they charge commissions/spreads to trader for providing their services.
Maybe the economic calendar is vague or comes with no benefits for some people as we can see above comments however in my opinion it allows us to...
I prefer trading popular/major pairs only.
Leverage is a double edge sword which can either benefit or harm provided how you use it.
Actually people get attracted to these scammers because of the greed factor, in my opinion.
Yeah it has many features which has led it to become a universal tool offered by almost every broker.
What i have learnt from my experience is that the only money which is yours is the amount which is in your own pocket or in your bank account.
Better taking some time doing some research over finding out the right broker and you will not regret for sure.
Research helps us finding the right forex broker which suits best to our need and at least it has a reputation in the market.
Keep it up and all the best, do share your trading results with us as well.
Practice, focus and discipline brings fruitful results.
Demo account is easy way of learning forex processes more quickly than any other method in my opinion.
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