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  1. M

    Buying and Selling Foreign Currencies

    You mean a platform to buy and sell currencies simultaneously online? You need a retail broker. Each broker offers a platform, could be Metatrader4 or Metatrader 5 or Ctrader, and other custom platform. I use Forexchief, which offers Mt4 and Mt5 to traders. With this broker you can register, get...
  2. M

    How do i know, which broker is the best?

    Those are really huge brokers to use. Only Etoro is a no for me. TD and IB is very good to use. But I am more interested in high leverage Forex trading, so I use Forexchief for fx and crypto assets.
  3. M

    why don't most people do this

    It is clear many people do it, but it is not that simple. The risk in still in the distance and can cut you off. The chances of success is higher anyways.
  4. M

    Recommended brokers for scalping futures

    You should go offshore; they got better tolerance for scalpers. You get lower spreads and high leverage if you need that. try Forexchief ECN accounts. Thank me later.
  5. M

    What Made You Join A Signal Service Provider?

    Say no to signal providers. No successful trader would have time to be a signal vendor. You are better off with with PAMM or copy trading.
  6. M

    New to Forex Trading

    Losing is inevitable for new traders. I like your comment. He would figure it out soon after losing several times.
  7. M

    Beginner trader looking for suggestions for the right broker

    Forexchief huh, It's 1:100 leverage on stock/CFDs precisely
  8. M

    Hong Kong Moves to Regulate All Crypto Trading Platforms

    Thats it exactly what they are after. They like to put tax on everything. It is all about money going back to their pocket.
  9. M

    Anyone think that we'll see an interest rate hike in 2021?

    You might be right, they can't keep it low this time, no matter how hard they try.
  10. M

    What to look for when choosing a Forex broker

    Thank you for this. This is exactly the point. Unfortunately, many of the brokers with heavy regulation have shitty trading conditions and will even kill you with high slippage. Execution and Trading cost cannot be overemphasized. I had to settle with Forexchief broker in the end for lower...
  11. M

    Retail broker for US citizens that reside outside of the US

    Well, sorry if you feel that way. This option is still available to those who know how to go about it.
  12. M

    Chinese corona vaccine approved

    I hope it works, because this Covid19 is getting out of hand.
  13. M

    Retail broker for US citizens that reside outside of the US

    It would be easier and less cumbersome if you'll just use a European broker or offshore. It is cheaper with offshore brokers. Just find a decent one that has stood the test of time. Forexchief and Hotforex not bad. You'll need to setup a non-US profile and your money handled outside the U.S
  14. M

    How long it takes to learn

    Everyone cannot be traders. It is just like maths, not all can grasp it. So if you fail to understand the basics within 2 weeks, just quit and get a decent job.
  15. M

    Is this even LEGAL?

    It pays to know the in-out of the law. I love this. It always work when you are on the right side of it.
  16. M

    Cost of Leverage Can Be Devastating!

    High leverage is only beneficial for winning trades. So its best to apply them on trades with higher potentials.
  17. M

    FP Markets any issues ?

    Dude stop with your questions. You are doing exactly what you accused another of doing. FP markets has customer service 24/7 chat, chat them up and ask your questions.
  18. M

    What to look for when choosing a Forex broker

    Almost all the brokers now offer cryptocurrency to trade. fpmarkets is a nice broker. I also have a cent account with Forexchief, pretty much similar market conditions.
  19. M

    This might be a dumb question, but are there any currencies with a positive carry?

    I am mostly a scalper, but I am very certain there are pairs that carries positive swap, depending on the order. Use STP brokers if you want to profit from swaps, most market makers will suck you dry on swaps
  20. M

    Broker for daytrading US stocks being non US resident:

    I don't trade stock on a regular basis. I am a currency trader. However, for a non-US trader I see a number of US stocks on Forexchief platform. The broker has been rock-solid for me. If you have other questions you may contact the broker directly.
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