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No, I don’t think it does.

I think most of them allow that and if a particular platform does not, you can always try another one.

I started with line and bar charts which were quite easy but technical analysis was different. I recently started backtesting on different platforms (MT4/MT5) and brokers (icm, fxview). Now I have some confidence with these aspects.

Learning how to read the market is something I keep improving over time. It is not as easy as it sounds for a newbie and they have to keep working hard to get some idea of how things work in forex.

But I feel that trading in a lower time frame opens up an array of trading opportunities. That’s what we’re all here for right? I mean if not all, but there are bound to be few trades where you’ll taste profits.

You are not wrong here. Negative balance protection is something I look for too in a broker. But not everyone is willing to offer that so I have to settle at times. I generally mix it up when it comes to brokers and trading on multiple platforms is also pretty fun and be it Fxview or ICM or any...

Absolutely buddy. This is where demo account trading helps. Test drive all your strategies before investing money.

I’ve seriously lost hope because every security we trade will have margin. It’s like a trap.

Is it true that we can receive a margin call when holding position and the spread widens? Got it twice due to low balance so checking on every possibility now :)

Ya using a trading journal is something I regretfully wasn’t doing earlier. Now I am using myfxbook for even recording my demo trades.

I’m quite fascinated with the MT5 platform but want to try demo trading first. Is there any difference between MT5 demo and live trading?

I’ve been trying to work hard for some time to get closer to achieving my trading plan and I’ve used a number of brokers for that but now I’m trading with XTB and Fxview. Hoping to get there soon. Wish me luck!

That’s right. A trading plan does play an important role in a trader’s life. It is good to set one before opening a live trading account with a broker.

I say best is to begin with demo accounts. They are simple, free and you get to learn something from them. There’s no hassle and they sometimes act as a measure for a broker. I mean I do that before opening a live account. Gives me some clue about how the platform works and how reachable the...

Exactly! I mean who would just believe anything that is said on the internet without checking the facts especially when your money depends on it, I wouldn’t.

@tedmos38 Currently I am demo practicing on fxview, was using XTB earlier for live trading.

Why not the same broker for everything?

So you’re saying, with this brokerage fee structure that’s actually common, how often we trade doesn’t matter. What matters is that we make enough profit to carve out a percentage to cover the costs of the commission fees. Though there are some brokerage firms that give commission discounts to...

That’s indeed important but I believe all brokers have some hidden fees which they charge during withdrawal?

Don’t you think the best time to trade this pair is between 8 and 10 or 12 and 3 in the afternoon?