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Beginners should focus on the positive and not loose confidence because of the panic and stress. Forex might seem confusing in the start but gradually if correct knowledge is gained, it is a great way to earn.

Have you checked fxview?

Tried this one. The taste was just awesome man. Thank you for sharing.

Rightly said. At the end its all about dealing with the various challenges that all of us face as traders. We have to have an optimistic approach and work on them. Its all about survival actually, all of us face challenges.

I'll only talk of forex since I dont trade cryptos or futures. So for forex, you can look for any broker that offers MT4 or MT5 and is regulated at the same time. Fxview and Xm are what i'm using atm, both are solid ones and offer mt4 and 5. Also the good thing is that with these brokers the...

Absolutely agree here. Instead of trading a number of pairs better trade 2-4 pairs for the start for a better understanding. Just remember success doesn't occur overnight in forex, so focus on learning as of now, clarify your doubts and work on your skills. All the best!

Yes totally agree.

Totally agree.

Still to be on the safer side, beginners should not make much use of leverage until they gain some experience. So if you want to use, you can start with something like 10-20x and slowly increase it once you get better at trading.

Imo its always better to be with regulated brokers because regulation ensures safety to your capital/funds. If a broker is unregulated, then one can't be sure about the security aspect since its not backed up by any regulatory organization. Therefore, I would advice you to choose some regulated...

Correct. After all, a demo account is what makes a beginner familiar to the trading world. However many people don't spend adequate time demo trading and are in the hurry to go live.

Currently obsessing over Fxview for their amazing spreads.

Correct. I never take a cup of coffee when I am trading.

That's really useful. Risk management is one of the most important things for profitable trading.

Yup. Agreed, one of the best trading platforms of all time.

Me too. Spreads look sweet till now. No issues faced, account opening was smooth, even tried to withdraw $10 to test got it within 24 hours. Looks good so far.

As far as i've had an experience, all forex brokers i've traded with had API's including Fxview, Forex.com, FXCM, XM. Though their minimum deposit is a bit much. But i think it is offered to retail as well.

There are a couple of reasons because of which traders fail like lack of knowledge, poor strategies, no risk management, no discipline,trading without a plan, emotional trading etc. So just have to find out the weak points and work on them.

One of the most strongest reasons certainly. Emotions turn out to be a huge challenge for traders only those who are able to control them can prove to be successful eventually.

I think it depends on your commitments,needs and how much time you can spare for trading.