To put it simply, it is illegal for an American retail trader to operate a derivative over the counter from an unregistered broker. The Commodity Exchange Act, the Dodd-Frank Reform and Consumer Protection Act prohibit trading in over-the-counter ...

Someone already posted The Dodd-Frank act, which is the main reason you can not operate over-the-counter derivatives that are not regulated by the US authorities. On top of that, the U.S. is one of the only two countries in the world where taxes are ...

I can not see any file attached to your post. I recommend contacting them directly through their chat support. Maybe those $30 reflected is the amount left that you need to withdraw using the same method before you can withdraw your profits to any ...

You will be regulated by the Financial Services Authority of Seychelles (FSA), we can agree you can not compare it with the 1-Tier regulations, however, they have improved a lot since the SIBA times, if leverage is not an issue for you, there are ...

Back in the day, financial firms had the client on the phone while at the same time the agent was chatting on the terminal with the LP, pretty much any agent on the dealing desk had one terminal, and it was critical to have all functionalities in ...

Even non-Turkish investment income is taxable in Turkey, the scenario you mentioned can be considered tax evasion by your local authorities. I will personally be very reluctant to have that setup, the tax office might don't care if you are making a ...

If you are not using the entity for money laundering or to park big amounts of money without trading activity you shouldn't worry too much, At the end of the day the broker will send your profits to your local bank account, and then you will need to ...

I had the opportunity to use the terminal, definitely not worth it for a retail trader, Does it give you an edge? Depends. If you are working in media, and you need a constant update on financial news is a very good reference, if you are a Liquidity ...

Ctrader Logs to the app with a unique CTID that will access all your accounts. If the accounts you are trying to operate are on the same broker you can open Ctrader 2 times from the desktop icon and change the account on the second instance. If the ...

As they previously said you are checking the wrong price, Sell positions open with the BID price however they close with the ASK price which is not active on the screenshot attached, impossible for you to see if the price actually touched your SL or ...

They implemented .a symbols during the ASIC intervention, many brokers followed the same strategy. This way they can have for example a EURUSD symbol from 1:1 to 1:500 for their global jurisdictions and EURUSD.a capped to 1:30 for their ASIC ...

But you are assuming your trading utility sends all the orders to the broker at the same time, 2 seconds is a lot of time. Perhaps your testing should be more focused on your Metatrader journal logs and you will see that your 50 100 or whatever ...

Essentially slippage is the deviation your order gets filled vs your expected price, slippage does not have a negative connotation per se as you can also have a positive slippage. A demo order does not need to be filled by a counterparty, all your ...

I think they have better ways much more subtle to increase their revenue, slippage never looks good for the broker, don't give me wrong, they are certainly not saints and they will do mistakes too but this mantra of people trying to justify their ...

I don't think there is an empirical answer to your question, It will depend on your strategy, I think the previous tip from Yoriz was a good guideline, starting for higher time frames then if you like heavy metal start going down.

Is a very good habit to test brokers and strategies, keep doing it. I was just curious about the thought process behind your testing as I believe you didn't take into account your unrealized P/L vs Net Amount, you can not have slippage in demo ...

Sorry to hear that. That's a lot of money. What reason did they give you to deny your withdrawal? Did you say they turn off the price feed and they went radio silence?. It really sounds like you got scammed by a cloned fake webpage, especially if ...

A VPS located near the server will improve your execution, one thing to consider for your set-up is you are using different brokers, that's already a problem for your time-response, not to mention that every broker will have different prices, ...

I haven't found in 20 years an EA that can run fully automated and be profitable in the long run, I would say 70% of the EAs on the market are not fully or correctly optimized. I would only use the EA as an extra tool to run auto-pilot at certain ...

I don't want to discourage anyone LOL but what are the odds here?