Reply With QuoteYeah most brokers hate scalping traders because their trading strategies have very high winning ratio what hurts broker pockets. That's why I try to trade only with reliable brokers such as Hotforex or similarOriginally Posted by Golden Sark
Each the trader has a choice of the broker to be used should the trader can choose a broker that is more appropriate to the concept of trading that will be used , if you love doing scalping should choose the broker that allows trading concept such as this. Actually in spite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. so the scalpers have to be careful when choosing a broker.
Yeah most brokers hate scalping traders because their trading strategies have very high winning ratio what hurts broker pockets. That's why I try to trade only with reliable brokers such as Hotforex or similar
There are no better trading conditions accept knowing the total issues of Forex. Yes, one should have better know the trading strategies to begin in Forex. I want to trade successfully, so I choose Forex4you, which provides me the basics of Forex. Now I can step carefully to take the high advantage of trading. This broker gives me every single knowledge of Forex that I could make a healthy career in forex.
I'm afraid Forex4you can provide you with best trading conditions as its offshore broker with weak and useless regulation that uses B-Book to execute your trades. I would rather suggest you to try Hotforex with A-book model and several trusted regulations such as South Africa's FSA and CySEC
I choose maximum leverage during sign up. I am using now FreshForex with 1000:1 leverage. But I don't use more than 5% leverage to hold a position. We all know leverage is two sided sword. So I always try to use small leverage to save my account from burning badly because of one or two two bad trade.
Also, managing risks is the first thing you need to learn before trading on live account. With such leverage and volatility forex is a dead game for those who don't use SL, TP and use inappropriate lot size for his deposit. My broker help me to manage my risk by providing MetaTrader 4 platform to trade with lowest possible spreads.
I've been looking for a normal broker for a year and a half, I changed three of them. Now I work with the partner system of Light, the conditions are normal, the profit is not huge, but stable.
Without using practically that’s very difficult to rate at any kinds of broker, because most of them are found to be scams. In my trading career, I have chosen LQDFX which is real STP Execution trading and for all time make sure best trading environment for trading comfortably by providing superior execution, lowest trading spreads, easy withdrawal system without long time process, active customer services, low transaction cost and much more real trading facilities that are very supportive to lead a comfortable trading life with certainly.
Spreads is mainly considered as an important financial tool which an investor should consider when choosing a broker. We the traders who are particularly scalpers have to choose the broker which always makes sure lowest trading spreads which is very supportive to make profit with certainly by scalping.
Broker selection is no longer an easy task for the foreign currency traders since thousands of brokerage house options are available for the traders. And without any doubt, I require regulated trading platform while choosing a broker. I have chosen CIBfx as my broker since it is a regulated trading platform which is offering me full security of funds along with lower spread, flexible yet good leverage, re-quote and slippage free timely and fastest trade executions through reliable MT4 platform.
I am not willing trade with any kinds bonus offer, because I have seen according to my trading experience these kinds of bonuses cannot use at all due to many restrictions. by the way , now I am comfortable with LQDFX due to their superior STP real Execution , easy withdrawal system without long time process, active customer services and much more that are very supportive to lead a comfortable trading life with certainly. and they don’t restrict any kinds of trading techniques with scalping and hedging.
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