ECN. Used most by professional traders. Difficult platform for beginners
Minimum deposit $10000 (or $3,000 if under 25yo) * Well diversified -Oanda
Market maker. Second largest retail FX brokerage in the US. Easy platform for beginners.
No minimum deposit
Not well diversified, but well capitalized -Gain Capital (whitelabel forex.com) *Market Maker *Fair spreads *Minimum deposit $250 *Well diversified -FXCM Inc
ECN. Largest retail FX brokerage in the US
Minimum deposit $2000
Not well diversified. CAUTION: FXCM nearly went bankrupt in Jan-2015 due to a lack of diversification and low capitalisation. As a result FXCM LLC was bailed out with a large loan which may prove difficult to pay back. Be warned that their business may not be sustainable in the long term. -MBTrading
ECN. Mid-sized retail FX brokerage
Minimum deposit $400
International Only- -LMAX (whitelabel DarwinEx) *DMA broker based in the UK. Note that as a DMA broker LMAX eliminates the ability for LPs to last-look transactions. This may result in reduced liquidity during volatile times as liquidity providers would be likely not to risk posting liquidity to LMAX's pool. *Tight spreads *Minimum deposit $10,000 *Fairly well diversified -Dukascopy *ECN based in Switzerland, but available elsewhere depending on local regulations. *Tight spreads *Minimum deposit $100 *Fairly well diversified -IC Markets *ECN based in Australia *Fair spreads on standard account, tight spreads on professional accounts. *Minimum deposit $200 *Fairly well diversified -Pepperstone *ECN broker based in Australia. *Fair spreads on standard account, tight spreads on professional accounts. *Minimum deposit $200 *Not well diversified Software / Apps: Desktop/mobile
Apps are typically broker dependent. Some brokers have their own proprietary software, while others lease common software like Metatrader or NinjaTrader. Some software has a large development community for indicators and EAs.
Terminology/Acronyms: www.forexlive.com/ForexJargon - Common terms and acronyms FAQ: I need to exchange money, how do I do it? This isn’t what this sub is for. Your best bet is using your bank or an online exchange service. Be prepared to pay a hefty fee. I have money in one currency and need to exchange it into another sometime in the future, should I wait? Don’t ask us this. We speculate intraday in FX and shouldn’t be relied on to tell you what’s best for you. Exchange the money when you need it. I have an FX account, should I start trading demo or live? This is highly debatable. You should definitely demo trade until you have mastered how to use the trading platform on desktop and mobile. After that it’s up to you. Many think that the psychology of trading live vs demo trading is massively different. So it may pay to learn to trade live. Just be warned that most FX traders lose almost their entire first account so start with a low affordable balance. What’s money management? Money management is a form of risk management and is arguably the most important aspect of your trading when it comes to long term survival. You should always enter trades with a stop loss - the distance of the stop allows you to calculate how large of a percent of your account balance will be lost if your trade stops out. You can run a monte carlo simulation to figure out the risk of having a number of trades go against you in a row to drain your account. The general rule is that you should only risk losing 1-4% of your account per trade entered. More on this here: www.investopedia.com/articles/forex/06/fxmoneymgmt.asp www.swing-trade-stocks.com/money-management.html What about automated trading? Retail FX traders have been known to program “Expert Advisors” (EAs) to automate trading. It’s generally advisable to stay away from that until you’re very experienced. Never buy an EA from a developer because the vast majority of them are scams. What indicators are best? That’s up to you to test and find out. Many in this forum dislike oscillating indicators since they fail to capture the essence of what moves price. With experience you will discover what works best for you. In my experience indicators that are most popular with professional traders are those that provide trading “levels” such as pivot points, fibonacci, moving averages, trendlines, etc. What timeframe should I trade? Price action can vary in different timeframes. In longer term timeframes the price action and fundamentals are much more clear. Unfortunately it would take a very long time to figure out whether or not what you’re doing is successful on longer timeframes. In shorter timeframes you can often tell very quickly if what you’re doing is profitable. Unfortunately there’s a lot more “noise” on these levels which can prove deceptive for those trying to learn. Therefore the best bet is to use a multi-timeframe analysis, working from top-down to come up with trades. Should I trade using fundamental analysis (FA) of technical analysis (TA)? This is a long standing argument in these forums and elsewhere. I’ll settle it here - you should have an understanding of both. Yes there are traders who blindly ignore one of the other but a truly well rounded trader should understand and implement both into the analysis. The market is driven in the longer term through FA. But TA is necessary to give traders a place to enter and exit trades from a psychological risk/reward standpoint. I’ve heard trading Binary Options is an easy way to make money? The general advice is to stay away from binaries. The structure of binary options is so that when you lose the broker wins. This incentive has created a very scammy industry where there are few legitimate binary options brokers. In addition in order to be profitable in binaries you have to win 55-65% of the time. That’s a much higher premium over spot FX. Am I actually exchanging currencies? Yes and no. Your broker handles spot FX is currency pairs. Although they make an exchange at the settlement date they treat your position in your account as a virtual currency pair. Think of it like a contract where you can only buy or sell it as a pair. In this sense you are always long one currency while short another. You are merely speculating that one currency will appreciate or depreciate vs another. Why didn't my order fill? Even if price appears to cross over a line on your chart it does not guarantee a fill. Different charting platforms chart different prices - some chart the bid price, some the ask price and some the midpoint price. To fill a limit order price needs to cross your limit's price plus the spread at the time that it is crossing. If it does not equal or exceed the spread then it will not fill. Be wary that in general spreads are not fixed. So what may fill at one time may not at another.
Forex TSD Forum >> https://www.forex-tsd.com Instead of displaying the categories on their home page, the forum puts all of the latest as well as the busiest discussions with links to the sub-forums. Indicators may be coded, either free or paid, by Forex Zone staff or other forum members. 240 Posts 18 Topics Re: Simple Market Scanne... by AWAY21. June 06, 2020, 12:40:17 PM. Expert Advisors MT4 / MT5 EAs Discuss Metatrader Expert Advisors here. Post your experience with a certain Expert Advisor, results, problems, or ask for help. 860 Posts 94 Topics Re: High Profit EA. by swtrat. November ... USD Quiet As Fed Chair Powell Speaks At ECB Forum 9 hours ago. EIA Reports 4.278 Million Barrel Supply Build 10 hours ago. US Inflation Falls Flat in October 12 hours ago. Comments. Leave a Reply Subscribe . Notify of. 3 Wks. 0. Signals. SL: N/A. TP: N/A. Trade Now Trade Now See more. Closed Forex Signals P/L (Profil/Loss) Economic Calendar. Friday, November, 13 2020. 10:00 GMT. GDP QoQ ... Bei DailyFX gibt es Forex Marktnachrichten,Technische Analyse, Analysten Picks, Ausbildung, Wirtschaftsdatenkalender, Charts und das DailyFX PLUS Forum. Für jedes muss man sich Zugangsdaten schicken lassen und wenn Dein installiertes Virenprogramm den Browserverlauf ( Cache löscht ) musst Du jeden Tag ein neues Formular ausfüllen mit allen persönl. Daten damit neue Zugangsdaten geschickt ... Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of ... DailyFX est le plus grand portail d'actualités sur le Forex, graphiques, indicateurs et analyses. Tous les outils nécessaires pour le trading sur le marché des changes. DailyFX is the leading portal for financial market news covering forex, commodities, and indices. Discover our charts, forecasts, analysis and more. DailyFX ist das führende Portal für Forex News, Charts, Indikatoren und Analysen. Alle Werkzeuge, die Sie für den Handel am Währungsmarkt benötigen. Forex-Station's Daily Download Thread The Daily Download thread is an aggregation of all of our featured indicators and content which we hand-pick and post daily on Forex-Station's Twitter and Facebook.Ideal for those who aren't on Social Media or would like to browse the entire archive of our latest and greatest content from the start. Before deciding to trade Forex exchange, carefully consider your investment goals, experience, and risk tolerance. You could lose all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have questions. Any data and information ...
The Easiest & most simple Forex trading technique to master. Learn to trade the market sentiment
fx forex forex trading tips insta forex dailyfx currency exchange rates fx training eur usd forex stock trading lite forex technical analysis forex indicators forex exchange scalping forex forex ... Many time Technical analysis treaders ignore vital trading information that can be the difference between losing and winning. This video shows how market sentiment can turbo boost your Forex ... Learn my other profitable strategies: https://bit.ly/2xpgWqMIn this video, I will walk you through a simple forex trend-following strategy that I've been tradin... Je vis ma passion du trading forex en voyageant à travers le monde depuis 2012. Lorsque j’avais 20 ans, j’ai décidé de quitter la France et vis désormais avec ma fiancée dans le nord de ... forex forum dailyfx forex trading australia forex software best forex strategies forex pdf ea free forex forex platform fx robot review forex news daily forex signals forex robot reviews. Category ... The 4 forex strategies that every trader should know ! 🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fundamental Trading Academy https://w... Le site DailyFX fournit au quotidien plusieurs dizaines d’analyses sur le marché des devises, indices et matières premières ainsi que de nombreux points de marché en direct. Animée par une ... Forex Webinar: Real Money Trading and DailyFX Education for UK Traders 2.26.2015 by DailyFX EDU. 31:36. Forex Webinar - Trading with David Song Q&A Aug 19 2014 by DailyFX EDU. 21:21. Forex Webinar ...