No broker is perfect. There is a chance that you could come across a bad one. To avoid that, educate yourself about different types of forex brokers and trader conditions.
Which cryptocurrency exchange are you all using? I am interested in buying and holding cryptocurrencies. Also, it would be better if it allows a merchant account so that I can use it to receive crypto payments. Will transfer my coins in a cold wallet.
There is no dearth of brokers if you see around. Just prepare a few notes on what you would like your broker to provide you with while you trade like easy customization, low transaction and trading costs, high leverage, etc.
If you ask for suggestions, you will find brokers that are reliable for that particular trader. There is no guarantee that you will feel the same while trading with that broker. So, it’s best to keep your investments low in the beginning so that you can easily change them if not satisfied.
Thank you so much for bringing awareness to this issue! It's something that is really necessary. Personally, another way that I would add would be to be more careful with who you trust, research on them, find out what you can, and then proceed to invest small amounts of money.
Very helpful! This is going to be good for a lot of people, and be a great little guide for everyone.personally speaking, I don't particularly like scalping as a strategy. It's far too time consuming for me, but I can understand why others might be drawn to it, since it is overall a good...
In a good forex trader’s forum you get a lot of real and genuine information from traders. Here traders share their own experience, and knowledge that they have gathered in years of trading. In a good forex traders forum, you can communicate with other traders and share your knowledge.
It is...
Forex is not gambling, why? Because, forex wholly depends on your strategies and practice, whereas gambling is directly proportional to LUCK. In gambling, there are no tools or methods to minimise losses and risk but in forex you can control your losses with risk management strategies.
Every forex trader should have a clear understanding of the base of forex.
Moreover, traders should also know about all the factors that affect the market in order to stay ahead of the game.
There is market risk associated with copy trading. You can lose money if the trader you choose to copy trades from has an unsuccessful strategy. And you will have to pay the trader, whether you make money or not.
Trading on the Forex market is no easy task. It requires skills, knowledge, and a lot of courage. But it's not impossible. It's actually quite easy to trade on Forex if you know what you're doing. The easiest way to make money from trading is to buy low and sell high. When you buy high, you're...
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