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I personally recommend new traders practice more and more on a demo account and then enter into the live trading account. Before that you need to you learn how to trade.

I think I can answer this, what you have said is right, but some broker has set a limit for availing of the bonus. Some brokers may allow up to 10 grand, some allow 50 grand. So it is important to read the fine print before availing of those deposit bonus.

Every trader has to face some challenges as the market is not stagnant and changes every minute. A trader must know how to face a challenge and cope with risks while trading.

Ya, I agree to this plus according to me a trader should stick to a strategy for a specific time, as changing strategies frequently is not going to make you successful.

I totally agree with you on this as forex is very volatile, one should practice enough before trading on to the live platform.

I'd like to recommend good ones from the list- fxview and IC markets as they got really thin spreads and offer leverage upto 500x.

There is no equilibrium when it comes to trading, but the best way to achieve almost similar to that is to make sure you have a right strategy or plan for trading and keep your emotion out of the trading for the whole.

Was surprised to see some crypto on the list when trading in mt5 :wtf: the spreads look good, has anyone tried them out?

Try to pay attention to the chart and do not get overconfident after few winning.

You can say that based on four session timing, it made them looking like they are open for 24 hours daily. The market tend to get busier at the opening time of London and Asian session, if I am not wrong there.

Well, both are entirely different. The prep is different, research is different and they both suit different type of people. For one, investing might be better but not for all. I personally prefer trading, which is why can say that investing might not be best for all.

Well, there is nothing like a standard commission charge in forex. Just like everyone said, your commission is going to vary as per the broker you select. For low commission charges, here are some brokers that I would suggest: Fxview - $2/lot RT HYCM - $4/lot RT FXTM - $4/lot RT Forex.com -...

When a trader makes his/her first profit, that I think can be quite a motivating force for nay trader. Just one thing, the trader should stay calm about it and not become over confidence, rather than being motivated.

Since when are you trading mate?

Go for regulated brokers, they are much safer options. For me, fxview has worked well, loved their trading terms. Other than that, you can check IC markets, if okay with a little higher pricing.

Having a plan in place helps a lot in such situations. Losses are a part of trading, one should not get stressed because of those, rather learn for them.

I agree. Demo trading has a huge role to play in the life on a newbie. So they must practice for a good 7-8 months on demo before staking their real funds.

If commission is considered in addition to overall spreads, then my vote goes to Fxview. Otherwise, IC Markets.

There aren't one that i can name because there are honestly many challenges that one has to face as a newbie. So the key is to work on the lows with constant hard work if one wants to be successful.

Don't let those talks affect you mate. Rather, get motivated, practice more and become a better trader.