When I first started trading, I sought a broker with tight spreads…I initially used fxview’s demo account and then switched to live after some time as I was quite impressed with their spreads.
As long as you are paying attention to what their bonuses are about, you should be fine with that. Have been getting bonus for every deposit i made with fxview (100% deposit bonus basically), so I think they are good to use. Just read the fine print, tho.
Practice, practice, and practice on demo. Keep improving your mistake so that you are prepared for the better understanding when you decide to go for the live. And the best one is not to let the emotions get the best of you when it comes to trading.
Nice list mate, seeing many familiar names like Fxview, ICM and Pepperstone. Recommending them if you are going live, but be sure to prepare in demo before going live.
Agreed mate, I would also add the fact that they are curious about making quick money, thinking that forex market might be this - a quick cash grab overnight, but in reality, it is much more complex than one can imagine. So they go right into trading blindly and causing them to lose the money.
Welcome, mate. Even I am in here for the same reason, but I hope to improve my trading skill by learning from these great people in this community. Wishing you all the best, mate.
Well written mate. I would highlight point number 8 as it is very hard for most of us to control the emotions that comes in for trade. We sometimes let it get the best of us, which result in losing bucks in trading.
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