I have red that as well here: url They are also discussing ban for binary options. Interesting read. It raises some questions though.

CySEC bans trading bonuses, sets max default leverage to 1:50

image Waiting to catch the triangle on D1. Until then will hunt for some green pips on a smaller time frames.

CAD/JPY

FX trading requires a lot of dedication, sleepless nights, discipline and practice, practice, practice. There is no easy way to success.

Can you get rich quickly from forex trading?

In the name of all that’s holy, please don’t use 1:1000, as most possibly this adventure will end up with a massive disaster. Leverage work both ways, it either can help you if you know what you are doing or can kill your account in a matter of ...

What leverage is best for a newbie?

@Beamen Hey mate, I found something similar here: url Maybe you would like to take a look at it. Drawbacks: 1.By the looks of it, it only closes trades at certain time. if you are keen to have the same option for the opening of the trades, you can ...

EA to open/close trade at specified time

Greed, account overloading due to wrong use of Leverage and Lot sizes, failing to apply any form of money management. Those are the first things that come to mind.

Top Reasons Why Most Beginner Traders Fail

Could you please explain what are on about and what is the reasoning behind it? I am curious

What is margin & hedge margin?

Totally agree, with DwainUK. Besides, I have expressed my overall negative feelings towards Automated trading systems in many other threads. So, I would suggest you to master your craft, find a manual strategy that works for you and suits your style ...

What is the best EA in here?

Market moves in cycles and they repeat themselves periodically. So, it’s mostly predictable, which is proven by many successful traders who make steady profits.

Random vs Predictable

The best solution would be to contact Metaquotes directly and report the issue. They should be able to assist you on that.

Weird behavior of MT4

Have you considered using a trailing stop?

Multiple Stop Losses? Guranteed S/L+ Normal S/L-Advice Needed

In my opinion the best scenario would be to select a VPS provider which is physically located as close as possible to the servers of your Broker.

Trading the UK Session with MT4 - NYC or UK VPS Location?

Seems like yet another type of bonus system whose main goal is to attract more customers. In the end of the day FX Brokers are not bank instances and I don’t think that this practice will evolve and stay around for the foreseeable future.

Does any broker pay interest for the balance of the account?

Never heard of them before. But just by looking at their site I can assume they are yet another bucket shop. 40% bonuses on each new deposit, 2 pips spread on majors as EURUSD… Does anybody still fall for the same old tricks?! Personally, I would ...

Superforex discussion

Simply put, leverage allows you to open a greater position using less of your own capital. Also, you should be aware that higher leverage could work both ways – It could either help you gain bigger profit or blow up your account in a matter of ...

How does leverage work?

According to the mass media this is caused by cost reductions and structural optimization.

Saxo Bank Closes Cyprus Office

Never heard of such scammers. Nonetheless, good to now. Thank you for bringing it to our attention

Cyprus’ CySEC issues a warning for regulatory impersonators

Getting a bank loan is maybe the worst way to kick of your FX career, if you take in consideration that in 90% of the cases traders do blow their first account up.

Who has ever tried to get a bank loan for trading?

Hey meyoik, According to the link below, it is possible. Instructions how to do it are in it as well. url I hope I was helpful

MT4 on Linux?

Something in your broker’s explanation doesn’t sound right. If the broker uses same price feed for both platforms the spreads in both should be practically Identical. Besides, spreads depend on current market conditions and have nothing to do with ...

is cTrader recommended?