Most traders have lost in few trades; even professional traders lose in trades. But newbies lose because of greed and lack of knowledge in forex. They tend to rush into trading with gambling skills and end up blowing their accounts, and due to this, ...

I currently trade with another ASIC regulated broker known as FP Markets, and I have been trading with them for eight months so far I never came across any issues regarding withdrawals. I recommend switching to FP Markets if you are looking for ...

From my trading experience, I would suggest building an EA using your own strategy because EA from various company needs constant modification to work for long and using that kind of EA is like following someone blindly.

When your trade is positioned at zero, hedge order allows a trader to be short and long to any particular pair. Traders mostly use it when there is a constant movement in various directions.

There is no best broker, every broker has its advantage; for example, I recently started trading with FP Market and compared to other brokers, the spreads and commission cost are lower and reliable in FP Markets.

Most newbie traders lose due to rushing in live trading with just basic forex knowledge rather than starting from the depth with a demo tool to build skills and strategies before entering into a live trade.

Is it possible to have multiple trading accounts in FP Markets so that there is a possibility to create multiple accounts for strategies that would be complicated to manage in a single account?

As a beginner in forex, i would suggest to keep practicing even when you enter live trading, because the forex market is not constant and change occurs frequently every trader has to come with different strategy. Keep practicing till your profit is ...

Doe anyone know if there is any restriction on the maximum trade size on exotic pairs in FP Markets? I can see in their website that they have mentioned about the Minimum trade size, but nothing on the maximum.

As a beginner in forex, trading with high leverage is risky how does that work. And why do beginners feel minimum risk in trading lower leverage if they do want to take risks because forex is about taking risk and gaining profit or accepting losses.

I'm planning to go live, i have 6 months of demo experience in trading and before i start, should i pick a high leverage or low ?