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Keep searching. You will find your perfect broker soon.

The most simple and sorted answer would be to find a broker as per your requirements. You must have not chosen the right broker due to which you have a different view. There are brokers who give you the same market conditions they have in live markets with some very minor changes. Some good...

Do they allow scalping and hedging both?

Forex trading is not a game that anyone can play. Every trader needs to do their own share of research and practice to execute profitable trades.

But higher risks would also sometimes mean margin call

I think what you’re saying is right. Reliable trading platforms like fxview, oanda, avatrade offer a simulated environment to complete the forward performance testing. I usually practice placing trades and get acquainted with the platform’s user interface to better the strategies.

I know it can be very disheartening to get a margin call from the broker but still you have to keep your head high and rework on your trades.

How many of you knew that support and resistance are the worst places to put your stop loss?

Agreed demo account is different from the live, but let’s just consider them the platform to help the traders trade actual market scenarios and work over the strategies they’ve planned out. Once the trader’s confident and ready to start, they can go live. And contrary to the notion, demo...

This is the reason why experienced traders stress on practicing skills on demo accounts. There are platforms where they can practice trading and get an idea about the best currency pairs to trade, when to place the stop-limit, right time to enter and exit the trade, margin average and more. Not...

Well, it’s not that difficult as it may seem. Start by learning all about the trade and the fundamentals without which you’ll be lost and end up losing money. It’s important that you test the waters before diving right into it. So make a demo account with a reputed broker. There are many brokers...

True and this is the result of the lack of a well designed and strategized trading plan. Traders, particularly beginners don’t value consistency and dedication that goes into bringing their plan into action.

Call me a lousy trader but despite trading for 4 years, I still prefer using 10:1 or max 20:1 leverage ratio and I agree with what you’re saying here. Contrary to what many think, it’s really possible to trade with this much or lower leverage ratio and there are brokers like Fxview and Oanda...

Well the only similarity I have judged so far among these two is that they involve exchanging one currency for another. However, they are different in terms that forex trading is more regulated, stable, and protected while the crypto currencies are hosted online and backed by an authentication...

This is something that depends entirely on the trader. If you start off with larger lot sizes, there are chances you will face few losses. It’s actually exactly the way trading works. Once you’re comfortable trying with smaller lots, you can easily start trading with bigger sizes. It’s always...

It’s actually not that complicated. What I’ve experienced with small lots is that demo accounts and backtesting both helps to figure out which trading system has a better chance of being more profitable. You can only discover this when you put in some money at stake. You’ll be able to find out...

Hope you know how to trade indices properly. It requires a lot of concentration and time. Only with a lot of practice as with other markets you would be able to get a hang of Indices market. It took me more than a month of continuous trades to make my first profit on Fxview, same was with my 2nd...

I don’t think it is a scam. I’ve seen a lot of traders use this broker. Anyway, you can analyse their services if you like.

Yes, there are a lot of opportunities and we can really make use of them and turn it in our favour.

Why don’t you contact IB and look at the fee structure on their website?