Beginners ForumThinking you might want to try trading? Want to ask a question but worried about saying something silly on the main boards? This is the place where you can take the first few steps in safety.
I've just started out with forex, using the software at forex.com. I would like somoene to list a few reliable sites I can check out, to see what they have to offer.
One thing I noticed with forex.com is their web based java client is a little buggy, and crashed if left unattended for very long. Also, it allows you to place limits and stops, but not both. Is it possible to put a limit, and a stop, so if you check often, or receive notification you can raise the limit and raise the stop to help protect earnings?
I found it nice when I have to raise my stop, because I know I am positive and whatever happens it will not go below.
Maybe I need to practice with a different strategy, using the limit feature.
Also, I am practicing with a 200:1 leverage, I've seen 400:1 advertised, and read here on the forums about 10:1. I am mostly interested in a mini account, if I ever go for real, so what are your thoughts on 200:1 trading?
I've just started out with forex, using the software at forex.com. I would like somoene to list a few reliable sites I can check out, to see what they have to offer.
One thing I noticed with forex.com is their web based java client is a little buggy, and crashed if left unattended for very long. Also, it allows you to place limits and stops, but not both. Is it possible to put a limit, and a stop, so if you check often, or receive notification you can raise the limit and raise the stop to help protect earnings?
I found it nice when I have to raise my stop, because I know I am positive and whatever happens it will not go below.
Maybe I need to practice with a different strategy, using the limit feature.
Also, I am practicing with a 200:1 leverage, I've seen 400:1 advertised, and read here on the forums about 10:1. I am mostly interested in a mini account, if I ever go for real, so what are your thoughts on 200:1 trading?
Thanks!
Are you referring to a trading platform? There are three camps you'll find out there among brokers. One camp are the ones that have built there own trading and order entry platform, but, require you to find your own charting or pay for it. The other camp are those that have their own trading platform and provide integrated charting. The third camp are those that use MetaTrader. I started with a broker in the second camp. They were a good broker, but, as I played around with MetaTrader, I fell in love with the software. So, I look for brokers exclusively supporting the MetaTrader platform. You can take a look at F X D D (sorry, moneytec does funny things with broker names - remove the spaces for the broker name.) They have good reviews. Once you get MetaTrader installed, you can easily add a brokers server file in and get access to their feeds. I have feeds from 7 or 8 brokers on my laptop, though I typically only use a couple for testing and one for live trading.
I work at the US representative office of a Swiss-based forex brokerage firm. Our platform is based on the MetaTrader software, and thus has the order-entry and extensive charting facilities fully integrated. Our minimum account size is US$500, the leverage level is 100:1, and all accounts regardless of size get the interest rollover credited or debited. We also offer interest-free accounts which are popular with our Islamic clients.
If you would like any more information, please send me a private message or email through the forum software, and I'd be happy to help you.
No offense to TraderFX1, but, frankly, I wouldn't use any broker trolling for customers on a forum site.
There are some good threads that will lead you to MetaTrader brokers. Other threads discuss brokers openly. Take a look at f or ex b as tard s . co m for reviews (though, I wouldn't entirely trust all the information on that site.) PM traders on this forum who seem experienced and have given you good responses about their experiences with different brokers. Remember, though, you can always change your broker. It's pretty easy to do with US based brokers.
No offense to TraderFX1, but, frankly, I wouldn't use any broker trolling for customers on a forum site.
There are some good threads that will lead you to MetaTrader brokers. Other threads discuss brokers openly. Take a look at f or ex b as tard s . co m for reviews (though, I wouldn't entirely trust all the information on that site.) PM traders on this forum who seem experienced and have given you good responses about their experiences with different brokers. Remember, though, you can always change your broker. It's pretty easy to do with US based brokers.
Hey stockwet,
You're certainly entitled to your opinion and to decide how you go about doing things. Bjswift asked some perfectly valid questions, and I gave perfectly valid answers. In any case, no offence is taken, except maybe at your "trolling" insinuation.
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