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For me regulations are on the priority then being a scalper I prefer trading with an ECN broker that has fair commissions.

Imo, a broker with thin spreads can be a good option as it can reduce overall trading cost.

I prefer to trade with major pairs most of the time. But I am pretty flexible to trade on any currency at the same time. But mastering one pair at a time is the best thing for beginners.

Technical analysis is good for making trading decisions. They provide a clear cut view of the market situation and most of us enter and exit trades on the basis of technical analysis alone. But when there are unexpected events that affect the market fundamental analysis can help you to make the...

As you mentioned multiple withdrawal options, do they also allow cryptocurrencies?

I think risk management strategy is something that a trader should pay most attention to. It is needless to say forex trading is subject to market risks. The only way to minimise losses in forex is by limiting your risk and only taking calculated risks. Set up stop losses to exit losing trades...

Forex trading is chosen as a career path by some people. But that is not for everyone. Most traders have a full time job and they trade part time for an additional income. But if you are continuously making losses and dont have much time to spare for trading then it would be better to focus on...

Uncontrolled emotions can be the biggest obstacle during a trade. A trader must practise to control emotions to avoid any major losses.

Forex trading isn't for people who like to apply shortcuts. It's a long-term game that requires patience, discipline and a willingness to take losses without panicking. If you're looking for a get-rich-quick scheme, you'll be disappointed. Trading forex is also not for people who can't handle...

Yeah! Forex is an easy source to earn money, you just need one working laptop and you can start with a small amount of money in fx. The only thing you need to do is to read the market news, make analysis about it and trade it. You also need to learn some basic rules about trading like buy low...

Could you specify their pros and cons for my clear understanding as I am thinking of switching my broker.

There can be several reasons why they fail but I do think impatience, indiscipline and incomplete knowledge can be some important reasons for losing.

If the start is right, then you can expect the whole journey to stay on the right path, and in the journey of forex trading, a broker is your starting point, so make sure to spend time online, read reviews, and whatever information you can find before choosing a broker.

Without a doubt, I can’t risk worsening my health for some profits.

Everything is unique about the forex market. The more we know about it, the more we get surprised. And those who enter the market without any knowledge to get rich overnight will get the shock of their life once they lose their money. Other than that, the Forex market is a place full of...

Demo trading is a platform for practical learning without losing any real money in the process. So it is a useful experience for newbie traders to get familiar with the trading interface and market environment.

SCALPING - Is the name given to a method of trading that involves holding onto a trade for a short period, usually seconds or minutes. It is also known as intra-day trading or shooting a gap. Scalping is usually done in one direction and involves taking profits at a certain level and then moving...

Stress can come from uncertainty, which is what is going on in the world of Forex. The market is extremely volatile, so the stress from trading is high. The market is full of uncertainty that can cause a trader a lot of fear and anxiety. One of the best ways to deal with Forex stress is to throw...

Forex is a risky business and traders need to be very careful while trading. Single simple mistake can become the reason for losing trades. 1. Not having a trading plan 2. Not having their risk management clearly defined. Not having the discipline to trade in line with the plan. 3. Not being...

Trading without knowledge is called gambling and you will invariably lose. You may earn some money out of luck,but it will not work in the long run. Forex trading is risky and if you do not have any knowledge you are most likely to lose money.