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- Gracewilson replied Jun 2, 2020
As a beginner, one should use the low leverage is it is a double-edged sword. Higher the leverage more are the chances or profit as well as losses. So, while starting trading with real money, one should start will lower leverage in order to avoid ...
Is it good use high or low leverage as a beginner?
- Gracewilson replied May 25, 2020
the demo account is the exact replica of live account in terms of pricing and spreads. However for execution, in demo account execution takes place from the server side and in case of Live account execution takes place from the Liquidity providers ...
Demo vs Live Account
- Gracewilson replied May 22, 2020
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can ...
Beginner Questions
- Gracewilson replied May 17, 2020
A lot size is the number of currency units you will buy or sell in Forex trading. Lot size is also known as the contract size in forex trading. The standard size for a lot is 100,000 units of currency, and now there are also mini, micro, and nano ...
How much is one lot?
- Gracewilson replied May 16, 2020
An Introducing Broker (IB) is an agent which introduces new customers to a Forex brokerage. In return for sending customer to brokerage he receives a fee. It is normally a certain share of the Spread or Commission charged by the brokerage in case of ...
Introducing broker
- Gracewilson replied May 15, 2020
A pullback is a movement in opposite direction of the prevailing trend. It can also be known as a retracement. These terms are not restricted to forex trading rather applicable to any instrument or any market. They both assume that the downmove ...
What is a pull back
- Gracewilson replied May 7, 2020
A degree in Finance/ Economics might come handy, it is not a prerequisite though. The advantage is that you can be from any field or work anywhere. However basic knowledge of economics is recommended to understand the monetary/fiscal policys, demand ...
What kind of Degree for Forex?
- Gracewilson replied May 5, 2020
Trading and investing involves high risk certainly. Forex being a leveraged product can enable you to earn high profits, but the loses can be multiplied too. Without proper knowledge and discipline, you might drown yourself with all savings lost. ...
Is Forex reliable?
- Gracewilson replied May 4, 2020
Forex is not always profitable. Your capital is always at risk. You may lose all the invested capital. However, forex trading completely depends on your strategies and experience. Also,It depends on the market movement and how you judge it while ...
Why do I trade Forex
- Gracewilson replied Mar 4, 2019
I personally believe, using 1:1000 leverage as a newbie is much higher as it increases the risk of losses. Those using the higher leverage have to be extra careful when price moves against them. Once you become comfortable with market conditions and ...
What leverage is best for a newbie?
- Gracewilson replied Feb 27, 2019
The spreads and price feeds are the same in a demo as well as live account. However, the execution of the order is different because, in the demo account, the execution is done by the server so it is instant and the execution of an order in a live ...
Demo Forex VS Real Forex
- Gracewilson replied Jan 21, 2019
Forex is reliable for sure and reliability of forex market depends upon how you trade in it. Before start trading at the live account in forex, one must have complete knowledge about it. You must be aware of trading style and strategy before start ...
Is Forex reliable?
- Gracewilson replied Jan 21, 2019
You need to keep a check on certain things in order to find the scam broker. 1) Communication between broker and trader is most important above all. Real problems can begin to develop when communication between a trader and their broker begins to ...
Show me a scam broker
- Gracewilson replied Jan 21, 2019
You need to create an account with any crypto exchange like Bittrex, uphold, coinmama etc and buy the cryptos from there and your external wallet will be generated. Once you buy the cryptos, you can send it to the BTC address provided by your ...
Accounts for trading Bitcoin