It’s apparently a brokerage that’s regulated in the UK. However, there was recently a warning from the British regulator FCA that there is also an illegitimate clone masquerading as this broker, so be careful what company you’re dealing with exactly.

HYCM (Henyep Capital Markets ) - Has anybody heard about them?

I know. All the more reason to be suspicious of such claims.

The Holy Grail - Found

It's also about making sure you're trading with a legitimate company and not a scammer.

Who makes real money from forex?

Sadly, I do. That is why I get so suspicious when I see that phrase.

The Holy Grail - Found

I agree. The earning does come later if you concentrate on learning first.

Who makes real money from forex?

Sometimes it does. Other times I lose my patience anyway.

Is demo a step before real trading?

What is it then?

The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

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The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

I agree. Expecting big profits early on (or any kind of profits) is just unrealistic.

Who makes real money from forex?

With great effort.

Is demo a step before real trading?

True. A system that works very well for one individual may not work as well for another simply because the people using them are so different.

How did you find success?

In my opinion, usually one is not as stressed when using a demo account. That is both a good and a bad thing, because while you learn the basics in a low-stress environment you also don't learn how to deal with the anxiety that comes from using a ...

Is demo a step before real trading?

Wow, that had never occurred to me either, great idea!

New To Forex and Need Advice!

I agree. This is why demo is so important. It's pointless to learn these things on a live account.

Is demo a step before real trading?

What other options, I am not sure I follow?

Who makes real money from forex?

If that is what you feel is the best course for you, don't hesitate. Trading is not necessarily a good option for everyone. Good luck in whatever you decide to do next.

I plan to quit forex!

Are you somewhere in the European Union? Because if you are, you're not going to find an EU-regulated broker that will offer you such a leverage, the pan-EU regulator ESMA reduced it to 1:30 for all members a while ago. I'm surprised your broker ...

I need my leverage back

True. Sometimes the person in question is simply not a good fit to trade or they just have a rotten luck or both.

Who makes real money from forex?

I think that applies to most traders, but some actually manage it without the stop loss. I have no idea how they do it.

Trading without stop-losses

By the looks of it Cable may actually rally to 1.3000 rather than fall.

GBP/USD