High leverage can be risky for beginners or new traders; it can lead to the burning of several accounts. The best option is to use low leverage brokers during the initial stages.
You can use FP Markets ASIC regulation, where the leverage offered is 30:1, and after making consistent profits, if...
Exotic currencies have bigger spreads and may be manipulated more readily. Coming from sales and trade experience in London, I can confirm that manipulation occurs. To trade exotic pairings successfully, one must be exceptionally well educated.
Hi, I see many new traders here. Even I'm new but I have been trading for at least a year now.
four months in demo and six months in live trading, mostly scalping though.