FXOptimax Premium Trading Environment
Trades on 46 popular forex pairs (including exotics), gold and silver
Best execution, real fast order processing time
Full STP execution, NO requotes
USD 10 minimum deposit
Up to 1:1000 leverage
Ultra-tight spreads, starting from 0 pips!
Multiple...
I have said this before and will say again and again that forex is not an easy place to earn. Things may get easier when a trader gains experience but earning on forex is never easy.
Long term traders care less about spreads because it is not a big deal for them and due to competition they get relatively low spreads across variety of currency pairs. But for scalpers the story is different and the lower the spreads the better.
In most cases emotions are not involved while trading on demo. Because the money there is not real and emotions does not work there. But we can say since the money in demo is fake so people become careless.
I have 2 objections here. First is, a new trader should take his time to learn on demo as long as he needs and should not bind himself to a time frame. For some it may take 2 months and for some it may take 6 months. Second is, joining demo contests is a bad idea because that will shift the...
People who does not have coding skill also ask others to build EA for them either by means of paying or requesting someone who is offering their coding services for free.
In between these, a trader needs a profitable trading plan which will bring him positive pips. It is often forgotten in discussion that we need a profitable method before anything else.
There are many ways to store your digital currencies. Safest ones I think is the digital wallet & paper wallet where your private key is only known by you.
FXOptimax Account Types
FXOptimax offers 3 account types to let clients choose the most suitable account to use, based on clients’ trading strategies and styles. These accounts are divided into 2 major group, FXOptimax 5 Digits pricing and 4 Digits pricing. All groups have the same main...
FXOptimax Execution Model
FXOptimax is a NDD-STP broker. We do not run any dealing desk. All of the trades by our clients are sent to our liquidity providers, consist of prime brokers and banks.
Our bridge system is working exceptionally quick, just in a few miliseconds, but in some cases...
You can't expect every information to be updated in real time. The school contents are huge and keeping it updated takes some effort. But not updated does not mean it is not useful. People can do a little googling to get the updated information.
It is true. Anybody will try their hands teaching others. I have seen many who knows a few things about forex and calls themselves mentors. People should be aware of them. It is difficult to find a real mentor.
An established trend can run for a long period of time. There are trends within trends where people try to catch the smaller trends. But it is true that trading against the trend may result in losses.
Well that is the learning process. And a trader who thinks about surviving in the market for a long time should not think about stopping the learning process and keep gaining whatever he can get from the market. But before that traders also need to get some sort of basic education.