Recent content by geraldinemarsh

Hi, welcome to the forum. I wish you a great trading journey ahead! Hope to get some useful piece of advice from you about the market.

As you might know, scammers go to a great extent to persuade individuals, which makes it tough to recognize them. So, basically do not blindly believe in one-self, do your own research and educate yourself enough so that you do not fall for such scammers.

Hello there! I am doing well. I hope you all are doing good too.

Forex trading can be risky for those traders who give in their money without having any knowledge about trading strategies, and market tools. Forex trading requires knowledge. A trader must know about all the strategies, trading types, charts, indicators, and signals. The most important thing...

The Forex drawdown is the difference between the highest Forex trading profit and the highest Forex trading loss in a certain time period. To calculate the Forex drawdown, we have to take into account the number of trades that have been made, and the number of trades that have resulted in...

Forex fraud is not a new issue, but it's getting worse day by day.So,stay away from promises like high returns,guaranteed profits and asking for deposits etc.Check upon the reviews of the platform,look out for its credibility before using it.

Thanks for sharing these tips! I think we can’t stress enough how important a demo account is. Many traders avoid it because they don't make money in it. But they don’t understand how it can help you create workable trading strategies. And in the longer-run only your knowledge makes you money...

Forex is a growing market and there are many opportunities the market offers. However, where the traders lack is education. Before entering into the market, traders should be fully aware of the risks and rewards of participating in forex trading.

You’ve explained all about bonuses so well. Kudos for that! It’s very important to read the terms and conditions of a broker before using any bonus. I personally like deposit bonuses and use it with TurnkeyForex everytime I make a fresh deposit. It helps me to increase my trading capital...

Definitely! trading major pairs are extremely profitable for traders because of high liquidity and lower spreads.

Right, low costs are something that’s favoured by everyone irrespective of their strategy.

These are really good points that you've shared. All the brokers in the list have an average spread in the range of 0.2 pips- 1 pips.

I also avoid the currencies that are traded thinly and prefer major pairs most of the time. Since there are many buyers and sellers in the market for these pairs, brokers are able to maintain tight spreads.

Hi mate! How is scalping proving for you?

I have always given prime importance to spreads when going for a broker, even compiled a list here https://www.forum.forex/threads/why-low-spread-brokers-are-important-in-forex-trading.1085/ of brokers that offer tight spreads. Always open for more recommendation.