It looks to me like they are located in a big building and they both "share" the same address with dozens of other businesses.

FXOpen and FXCompany ????

Haha wow, didn't notice the date when I answered

just some burning questions i had for a while

I don't see what you mean. I have gone to both of their websites and it looks like FXcompany is a web designing firm while FXopen is a foreign exchange brokerage. If the companies are behaving suspiciously, however, might I recommend that you go ...

FXOpen and FXCompany ????

Slippage almost never happens when I trade. If it does, it isn't something impossible to overcome. It will typically occur in the direction of the current candle or last few candles, however you will typically get filled more quickly if you enter in ...

Slippage direction

Congrats on the discipline That combined with risk management are perhaps the two most deadly things, which if a trader lacks, leads to a blown account!

Trading Discipline !!!!

Hehehe...no words to describe how personal and funny that is We've all been down that road

Trade what you have, take responsibility, and enjoy the consequences

1. The problem with stops that precise is that price does not move exactly how we predict it to. The issue is that price on the smallest scale is almost considered to be mathematical chaos, or very difficult if not impossible to model. A trader ...

just some burning questions i had for a while

Interesting chart you have there, Kambooj. I agree that in the long run the EUR/USD trend will be downwards, but and I think that fundamentals will drive it. It will be very interesting to see if your downwards trendline will be established in the ...

EURUSD

EUR/USD approaching trendline on M5 established by touch at 12:55. Small bounce incoming in my opinion until the U.S. trade desk closes at 4pm est. If broken however, a bounce off of 1.44930 looks likely. I'm not trading unless it falls and bounces.

EURUSD

Small bounce looks to be incoming, don't expect it to regain the highs of the past candle in my opinion. M5.

Cable Update (GBPUSD)

I know a few traders who never use stop losses. The catch is that they know exactly where they will exit the trade or what piece of news or fundamental information will signal that it is time to exit a position. In other words, they care more about ...

successful trader without stop loss?

Hey Skunny, Been reading this thread for a while and I really find your approach very unique. I've been down the path of layering indicators onto my chart...don't want to go there again.

Indicator Free Trading - Skunny

FX brokers (as well as all companies in general) typically have several websites. As long as the names are fairly similar, everything should be okay. Just keep an eye out for the names being radically different.

FXOpen and FXCompany ????

Tighten up those stops, looks like a pullback to 1.63300 may be in the works in the next 30 minutes. Looking to enter around that place with a stop at 1.63203.

Cable Update (GBPUSD)

I don't quite see where you're going here. If you approach trading with a business plan and trade that plan, trading can be quite exciting (assuming it fits your personality).

Trade what you have, take responsibility, and enjoy the consequences

Love this breakout on the hourly timeframe. The M5 was a bit nuts this morning, but looks like the trend is intact!

Cable Update (GBPUSD)

EUR/USD still range bound for the most part. Nice intraday action going on right now, but I haven't been in it because a large trend isn't showing its face yet. Waiting for the U.S. earnings season to be complete before we get more fundamental ...

EURUSD

Many professionals use low leverage for a very simple reason - we are in this business to stay in the business. Many novice traders are lured by incredible leverage in the forex market. Professionals don't use large amounts of leverage so that they ...

Leverage

Submitting a comment right now...leverage is needed in the forex market

Help To Stop 10:1 Leverage

This is correct; you should invest 2,000 Euros in this trade. Risk = .002 * 5,000 = 10 Euros Stop Size = 50 pips Lot size = Maximum account loss / Move to stop Lot size = 10 / .0050 = 2,000 Euros Your true leverage is 2,000 / 5,000 = .4 - You are ...

is this calculation correct