Thread: Insurance in Forex is needed?

Insurance is so important in life because we have so many unexpected moments and if we don’t plan well then we could get in big trouble. Forex is all about upfront planning and then following it. I am trading with OctaFX broker and they have excellent rebate service system, it allows me to earn up to 15 USD per lot size trade, so that really helps me give an insurance policy over my trades whether it’s successful or if it fails.

Each broker providing security assurance funds to traders using the concept segrgated account, but insurance with additional requirements will be burdensome to traders. any funds deposited in TICKMILL will be safe with the concept of segregated accounts without any conditions and traders can use the promotion "refer a friend" to get an extra $ 50 in your account

Yes, it’s definitely great if they get as when you know you are secure then performance gets much bigger and better, I work with Nova FX broker and they have the greatest system to make it a really risk free adventure for me, it’s with their Risk Free Trade option, it allows me to trade properly without any problem, as I get all my first three trades insured, so even if I lose I get the full money refunded completely.

in forex it is important to have MM and RM well. To be able to survive in forex then we need a good MM and RM, with MM and RM that will either make us able to trade with the maximum, and therefore we should always use the MM and RM were good so we do not need insurance trading

I have been using FBS Markets as a broker and they are also offering some really good services to the traders, including Forex Insurance in the Market.

I have seen different trading accounts being offered form the FBS Markets and included Insurance accounts as well which are really good.

in forex not all brokers can provide insurance trading, and therefore the most important thing is that we can try to use SL and TP to minimize the risks in forex, with the risk that we need to trade with the maximum so that we do not need insurance trading

Originally Posted by gaban

in forex not all brokers can provide insurance trading, and therefore the most important thing is that we can try to use SL and TP to minimize the risks in forex, with the risk that we need to trade with the maximum so that we do not need insurance trading

try to avoid lose by using SL is very important for any trader, i use SL to at my account at HiWayFx, because i cant see the chart all time, by using SL even i cant see the chart, i think i can feel safe when the price is go to my wrong predict