Thread: Less is more in forex trading

Originally Posted by cheet0z321

absolutely right, we should see the broker will we follow the start perika of regulation used lest we be fooled by brokers who do not have because of possible regulatory capital that we have taken away ludes

Regulations may make reference to us that the broker is the legality has been recognized that they have a clear working system even though it is not one hundred percent of brokers who have a regulation providing satisfactory services to traders.

Originally Posted by Uncle Gober

Regulations may make reference to us that the broker is the legality has been recognized that they have a clear working system even though it is not one hundred percent of brokers who have a regulation providing satisfactory services to traders.

Yes, it’s why we should understand about regulation as well, we shouldn’t just jump on regulated broker thing, we need regulated broker but it should be from reliable institute and they should have some protection. I like CySEC regulated brokers since they have complete protection.

Originally Posted by Clark Kent

Yes, it’s why we should understand about regulation as well, we shouldn’t just jump on regulated broker thing, we need regulated broker but it should be from reliable institute and they should have some protection. I like CySEC regulated brokers since they have complete protection.

to find out if the broker has no license whether or not it will make us more aware that knowing the license would be required for the safety and comfort us in the trade, lest we lose because cheated by brokers

Yeah, I definitely believe in same, I think less is definitely a lot in Forex. This is why Forex is rated as the finest online business in the world, but this business needs us to have enough knowledge and experience to work out through difficult situations, if we’re not having enough of those things then we could struggle, so that’s why we got to be fairly careful with how we go on with doing things. I am grateful to my broker OctaFX since through their educational setup, I have understood what’s important and also to do with their mighty demo contest like Southampton Supreme, it’s superb with having unlimited prizes, so all very cool and really gives us boost as far performance goes.

Originally Posted by cheet0z321

to find out if the broker has no license whether or not it will make us more aware that knowing the license would be required for the safety and comfort us in the trade, lest we lose because cheated by brokers

trading in which has licensed broker is very profitable and with licenses that will allow us to trade with the maximum. because our money will be safe. so that the maximum result we can get

Originally Posted by gaban

trading in which has licensed broker is very profitable and with licenses that will allow us to trade with the maximum. because our money will be safe. so that the maximum result we can get

true, we should be able to see a broker who has a license that clearly do not let us do the trading activity in the brokers who do not have a license, because it would be too risky money we've wd or even taken away

That’s absolutely right Cheetoz, we should make sure we have clear mindset while working and this is possible only through a broker that’s reliable and that’s why I go with companies which are regulated by CySEC, it’s one thing that keeps me safe and secure while working knowing there is protection for me!

Originally Posted by cheet0z321

we must consider how to invalidity lisansi broker lest we visit when we are already trading and deposits with the number of lots we just know the legal broker because the broker was closed by the authorities

I think we should quit a broker like that with no doubts. Of course we'd better trade with reliable broker, but sometimes we can get in situations like ACFX's clients did. I think it's very afraiding when your broker loses a licence...

Maybe no anyone trader along their trading career never faced with loss, because loss still as part in trading, and many trader might already forget how many account already closed because margin call account, I am also many time get loss and fail but still continue to learn

That might be true, Sadam. We should always be confident with our decision and working with reliable brokers is first wish for all. I too have fear of those thing, therefore, I have only went with ForexMart, it’s regulated by source like CySEC, so no worries for me and keeps me relaxed.