forex trading

Discussion in 'Forex' started by padutrader, May 1, 2018.

  1. Xela

    Xela


    Even so, if you use a British forex broker, regulated by the FCA in London, the security of your account will still be guaranteed, up to £50,000, by a UK-government-backed guarantee. Worth thinking about, maybe?
     
    #31     Jun 2, 2018
    Lukas V likes this.
  2. expiated

    expiated

    Right on, Wicked!
     
    #32     Jun 2, 2018
  3. padutrader

    padutrader

    could you suggest a broker if not here then PM me please
     
    #33     Jun 2, 2018
  4. padutrader

    padutrader

    definitely is IB in UK
     
    #34     Jun 2, 2018
  5. Xela

    Xela


    IB is in both the UK and the US. It's a genuine broker, not a counterparty market-maker. (IB's minimum deposit for trading spot forex varies hugely; in the US it's millions; in the UK it might be 10,000 - I'm not certain, now.)

    I've never used Pepperstone, myself; my overall impression of them from comments made by people I trust is fairly good, though.

    For myself, I'd probably use Oanda (which I did in the past, for a long time), but I understand that their spreads may not be as good now as when I used them, back in history. I haven't traded spot forex for years, only forex (and other) futures, now ... and I no longer trade my own account anyway.

    I'm not suggesting you should switch, if you like Pepperstone.
     
    #35     Jun 2, 2018
  6. Now i chose oanda.
    I will be serviced by the European direction of the Oanda because I am from russia. Correctly I understand that this is regulated by the FCA in London?
     
    #36     Jun 2, 2018
  7. padutrader

    padutrader

    good brokers for some reason ask deposits in tens of thousands......

    they do not let you deposit 5 usd like pepperstone does
    but how on earth do we know they are trading against us...and does it really matter to us ......in horse racing they do not let you a bet a horse will lose....these brokers can and do bet that we lose and it makes sense but does that determine the out come of our trade
     
    Last edited: Jun 2, 2018
    #37     Jun 2, 2018
  8. Here you can check few more strategies:

    Buying low and selling high
    Always use a demo trading account
    Manage your forex capital wisely
    Manage your investment-per-trade wisely
     
    #38     Jun 20, 2018
  9. This is a risk taking factor. Sometimes it is not beneficial for a entrepreneur. How will you get profit in forex trading?
     
    #39     Jun 20, 2018
  10. Lukas V

    Lukas V

    Good choice, IMO. Yes, that's right, you'll be FCA protected even if you don't live in the UK.
     
    #40     Jun 20, 2018
    banifacy91 likes this.