Look for brokers with a track record of reliability. You want to be sure that your broker is reliable. This means that they should have a good track record with the Securities and Exchange Commission (SEC).
I combine general risk-off and risk-on intraday analysis with support and resistance levels to achieve satisfactory results. The simpler the better, many algos follow trend and important levels you just need experience to understand where such levels may reside.
the broker is a big deal for any kinds of trader , so traders should choose the broker with cool mind , i always prefer FPA before choosing a broker.
agree, FPA is really good to make sure the review about brokers performance , i love this site than any others we have in online.
new traders should choose the broker which never restrict any kinds of trading techniques with scalping and hedging.
This is true, this freedom is so important , among the first things I checked with forexchief obviously. It was nice that they let you use any strategy at all, something that all newbies should lookout.
but sometimes newcomers fall a great trouble when using scalping in a proper way , because this is really a volatile trading approach.
Found this cool thread with all regulated brokers - https://www.elitetrader.com/et/threads/list-of-best-regulated-brokers.362682/. Thank me later
I use scalping and hedging strategy with AAAFx and never got any issues. Similarly, there are other brokers that allow traders to use these strategies, it’s just that traders need to look in the right direction.