You can manually close the position as low/high as you want , but using TP/SL as I remember it should be like 10 points +- the opening price . Better to chat them

FxPro question about minimum profit

FxPro provides one . I recommend you to try them

Which brokers offer unlimited demo account for metatrader?

If EA fails then it's either your system fails and/or your EA isn't well coded and on both sides you are the blamed one. If you have a powerful system & a well coded EA then you can convert your PC/VPS into automated money making machine . I don't ...

Does anyone here make money consistently from an EA?

Well I have almost fell for many traps by brokers . For example one of them offered 0.2 Spread & $0.4 commission per 10K volume , but when I contacted them it turned out I must deposit at least $5000 to get this deal or otherwise I'll have 2.4 ...

Share your bad experiences at a broker

Hello, What if I'm under CySEC , does that apply in this case ?

Experiences with FxPro

Is it true that the only way of withdrawing profit (after withdrawing the original deposit) is through bank transfer only ? (For FCA regulated accounts)

Experiences with FxPro

Don't forget Forex market is special than any other market in the world . It's very large , we are talking about billions or trillions being traded everyday . It's isn't influenced easily and it isn't manipulated easily . If I'm using a profitable ...

Why Would Someone Sell a Highly Profitable System?

Yes I'm not trading with 1000 lots but there's a big issue of finding a real trusted broker . Some are MM while they claim they aren't also some will cause issues upon withdrawing money , some go bankrupt (Alpari UK for example) . I doubt that you ...

Dealing directly with Liquidity providers

Forgot to update the thread . I've found a result : Saxo Bank . It has it's own platform and you can use MT4 too . It's far more trusted than retail brokers . The problem is it has a high spread ~ 2 on EUR/USD but I think there will be no more ...

Dealing directly with Liquidity providers

Maybe they create those orders without the help of the liquidity providers (using the liquidity they already have from deposits and revenue etc..) . I'm not sure

Liquidity providers and mini lots

Well I saw a member saying dealing directly with liquidity provider is better than retail broker because you will have lower spreads and ultra fast execution . I'm not sure how exactly you can do that or if it's even possible but do some research it ...

IC Markets Slippage Grey Hairs

Ping would only affect if he's trading with instant execution w/o SL TP . Because if he's doing for example pending order then the request is stored on server and has nothing to do with ping . Also if he set a SL TP it's also stored on server so ...

IC Markets Slippage Grey Hairs

How can you directly deal with liquidity providers ? can you please explain more ??

If you have a profitable system, will brokers sabotage you?

The easiest way to calculate it is to keep a log of each month's cut . For example let's say he made $50 in the first week then $150 in the next week then $300 in the next week . The easiest way is to note down that your cut is $40+$120+$240 . If ...

Profit sharing while compounding

FxPro offers up to 1:500 leverage and you can choose either to be regulated through CySEC or FCA (upon creating the account)

Broker with 400:1 leverage

The one who had long position on the red marked price got really fucked image

EURUSD

Bulls loss is Bears profit . Bulls profit is Bears loss . If someone lost all of his capital during this EUR/USD drop then someone else doubled his capital during this drop . Depends on the type of your position

EURUSD drop/manipulation - Anybody else sick...

Regarding the contribution to the society : Yes , traders do . There are many ways including paying taxes to the government who uses this money to make the country going on & develop it "in theory lol" . Also some traders pay some % of their profit ...

Is trading not considered a job?