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As an experienced trader, I recommend choosing a regulated broker because regulators will go to great lengths to ensure a particular broker is fit to have regulations and licenses, which means your funds will be in good hands with those authorities if you trade with a regulated broker.

True, we have been through this feeling too. But time heals everything, this shall pass too.

That's the irony there. :D

But we have to take necessary action to reduce the occurrence of losses in future. The end goal is to achieve consistency in profits and for that you have to find ways to reduce losses, Either re-work on your strategy or see what else needs to be done.

Yes they do allow withdrawals via e-wallets. I made a few via skrill and neteller both and got em back within a few hours.

All of us incur losses, lose money. But what we have to work on is to not let those losses, take over us. If we are into forex, we have to learn to accept the fact that we cant win all the time, so be bold and take those losses boldly.

I don't think there's any catch to it. I've traded with even lower, $2 RT with fxview. I think if the broker is regulated there is no need to worry about things been fishy. Plus, to be honest, I've never used, but I've heard the broker is good.

Definitely mate! That's a sign that you need to maybe re-work on your strategies.

Indeed, mt4 is one of the best platforms out there, because of a good interface and good features.

I agree, we gotta take our time and figure things out first and be patient all this while for best results.

Don’t know much about Fp, but yea if you’re looking for low spreads then check out Fxview, spreads are quite competitive with IC plus you will be paying less commissions comparatively, only $2/100k RT.

Absolutely. The more you dig the more you'll reap. So gather knowledge and keep practicing and you'll be good.

Very well said. Practice is what's going to free you from the fears.

USDCHF can be a good option too. Got some good spreads on that pair with fxview. Check out your broker, if it works out.

Managing risk is a really important thing for any trader. It reduces the probabilities of losses. Thankyou for all the information on this thread.

So true!

Super broker, opened my account after reading this thread. And have to say, thanks guys for the inputs, the broker is really good People should be talking more about them.

EURUSD is the best one to start with imo.

Yeah, at the end, we have to explore and learn new things on our own only.

Haha... and addictive too right?