For ASIC regulation, ICM and FP Markets are good choices because they are also older brokers that have been in the forex business for over a decade.

I personally prefer the 15 min time frame as a day trader focusing more on multiple stocks, and the longer the watchlist is, the higher the cahrt interval should be.

For lower spreads and higher leverage, I can recommend IC Markets and FP Markets. They both provide a higher leverage of 1:500 with spreads reaching as low as 0 pips in FP Markets' raw standard account and 0.3 pips in ICM for most parts of the day.

Hedged order allows the trader to be both short and long at any particular pair by including your position at zero. Its mostly used when traders think that there is considerable movement but not sure in which direction.

In my opinion, I would say FP Markets is a better ECN broker, as their trading conditions are good for scalping, and I trade with their ECN (raw) account which starts from as low as 0.0 pips.

Personally for me, i would only trade with a broker that is regulated. I would not trust my money with a broker that is not regulated by a decent regulator

You can trust this broker and start trading they are good in both platforms.

I agree with Jlrobert FP Market for a long term is a perfect choice of broker. Been using them for a while now and so far so good no issues with it.

There are so many profitable traders, yes. But what do you think is the % of this? 10 or 20% at the most. Rest of the 80%+ end up losing money. Profit in FX is NOT impossible, however its not as easy as it sounds.

I will recommend my current broker FP Markets (ASIC regulated), i chose them after detailed research. They offer some of the best spreads, if you are a day trader the costs can make a huge difference to your profit.

Most people don't see trading as they see other business/professions. If someone needs to be successful in Trading, they would need to invest quality time and be ready to accept failures. This is not a easy money making method, any trader is bound ...

I made it a point to stop trading Demo after a while. It can never replicate the same emotions/discipline (at least for me) that you would face when trading with real money. When i decided to get serious with my trading, i opened a live account (but ...

Hi, I trade with FP Markets. They're very good. They have everything I personally looked for in a broker: ECN pricing, low spreads, great execution, low slippage, good platforms and trading tools. And most important - well established and they take ...

Forex Volume Indicator for me. Why? Because volume moves the market. When there is volume in the Forex market overall, and when there is volume in a particular currency pair, price has a high chance of trending. When volume is lacking, in a currency ...

Brokers don't like EA arbitrage. If they find our you're using arbitrage they will block you, and block your profits, I know a real case. Always ask the broker (anonymously) if they accept it, so they don't mess up with your trading.

These are my last 2 trades. Been too busy these days but will be back in force.

Great topic! First of all, the human body is totally interconnected. When you switch from eating unhealthy to healthy, some of the benefits you’ll likely experience include: Alertness Clear thinking Lack of fatigue Stronger mental focus Better ...

Trading with confidence and trusting yourself has strong links to risk management and understanding tolerance for risk. Drawdowns can take you out of the proper mindset to trust yourself. The best solution will be different for everyone, but ...

I keep a trading journal. Keeping a trading journal helps me identify my weak spots of money management and identify patterns that lead to lost money. For example I see if the stop-losses are too tight or take-profits too far away, reward-to-risk ...

Not sure if anyone here is following the USGFX case url