Recent content by daytrader221

There is no obligation for brokers to get regulated in certain jurisdictions, however if they want clients that have a prerequisite of being financially protected (like the FCA/FSCS or CySEC/ICS can offer) then its a no brainer that there is a huge benefit for brokers being regulated in these...

When I choose a broker I look at a few things: 1. Trading conditions (often not everything is easily found with a lot of brokers) > This is the main point and a big topic that should probably be broker down into its own subcategory 2. Regulation/jurisdiction 3. Payment options 4. Platform 5...

I believe that technically the broker could have their licensed revoked and if the broker kept on operating without a license in that jurisdiction then the owners would be in court quickly and potentially face jail time. In reality it would not be likely to get so far, especially in reputable...

In the real market there will always be slippage, its inherent with ECN trading - especially during volatile market times like the news. If a broker never passes slippage then it is unlikely you have direct market access and is also unlikely that you are trading with an ECN. You will never get a...

Some brokers are clearly much better than others when it comes to the speed of trade execution, support and conditions but whenever I got the market right I made money, no problems. I mainly trade with FXPro and I will probably stay with them because I am confident in their name. Deposits and...

I know this is from a while back but it is funny to hear FXCM say they never slip orders... especially when Jason Rogers responded to a Forex Factory thread explaining in great detail how they pass both positive and negative slippage. The thread is here...

So I heard the news last Friday that the Japanese Yen was at its lowest point to the dollar since 2008 and it got me interested to think that this currency pair must have hit its resistance level right now and open up a big trade. However my lack of experience has prevented me from doing so on a...

With regards to how much you need to start trading... I would say that how much do you have to lose is a good place to start. But putting that to one side we need to look at the practicalities. Some brokers let you deposit $5 to start (although not many) but depositing $5, $10, $20 or even $50...

First point, I watched Bill Gates recently talk about success having something related to not being afraid to fail. Second point, being rich doesnt make a trader... a trader could be a poor guy using other peoples money to make profits for them while taking a slice. There are many people out...

Hello Everyone - Trader from UK Hello to all at Trade2Win, I am a trader that lives in London. I have been trading for 2 years and am interested in sharing and learning with the T2W community. I like trading around the news and I have some eas that are doing a very good job. I work in banking...