Thread: Insurance in Forex is needed?

I want to ask about the opinion of the traders in forex insurance system? whether useful or is there any other better system compared to the insurance system

Do you know that the FBS has insurance system in addition to a deposit bonus.

The insurance system is good for traders, but the concept is the best right now is the concept of a rebate where traders can get good trading results continuously get rebate trading results, resulting in gains or losses. in TenkoFx, a Partner can perform automatic rebate to clients. I think this could be an advantage for trader

Originally Posted by tenkofx

The insurance system is good for traders, but the concept is the best right now is the concept of a rebate where traders can get good trading results continuously get rebate trading results, resulting in gains or losses. in TenkoFx, a Partner can perform automatic rebate to clients. I think this could be an advantage for trader

Rebate is very necessary if traders joined under IB. FBS alone gives rebate of 2.2 pips / lot for IB so that traders can earn greater profits from every trade they do. however, the insurance gives the trader to get money back if they experience a loss.

It depends on trader itself. We can minimize the risk to get maximal result in forex trading. and i think although our money will back after we get loss, i prefer get small profit in forex. TenkoFx do not offer insurance program, but i try to maximize their service to make my result in forex trading be more maximal.

Originally Posted by CahCuncun

It depends on trader itself. We can minimize the risk to get maximal result in forex trading. and i think although our money will back after we get loss, i prefer get small profit in forex. TenkoFx do not offer insurance program, but i try to maximize their service to make my result in forex trading be more maximal.

some brokers did not provide an insurance program, but this program is very useful if we use it with the aim to minimize the risk. I now use the FBS insurance to protect against losses that could occur

minimize losses in the forex business is very important. using MM and good trading system that can minimize this loss, but if we can also use promotions from brokers ( FBS ) such as IB rebates and insurers will provide more benefits

Originally Posted by Kaito Kid

minimize losses in the forex business is very important. using MM and good trading system that can minimize this loss, but if we can also use promotions from brokers ( FBS ) such as IB rebates and insurers will provide more benefits

Yes, if we have good money management in forex, we will get maximal result. We can minimize the risk in forex trading with our skills. So, if our broker does not provide insurance, we still get maximal profit in forex. We just have to discipline when trading.

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Originally Posted by CahCuncun

Yes, if we have good money management in forex, we will get maximal result. We can minimize the risk in forex trading with our skills. So, if our broker does not provide insurance, we still get maximal profit in forex. We just have to discipline when trading.

share your opinion about TenkoFx and Get 5 USD

Yes, money management is very important because it is the rule regarding the management of capital that we have, in addition to this we have become know how big our capital strength to withstand risks and can be used as the setting of realistic targets, so minimize risks and maximize profit and can make our capital more secure and can continue to survive. but insurance is a good option to make our trade more secure

Originally Posted by Kaito Kid

Yes, money management is very important because it is the rule regarding the management of capital that we have, in addition to this we have become know how big our capital strength to withstand risks and can be used as the setting of realistic targets, so minimize risks and maximize profit and can make our capital more secure and can continue to survive. but insurance is a good option to make our trade more secure

Of course, we should know how to manage our money in forex trading. Do not let our money lose in vain. Let's start trading with small amount first to get trading experience and more understand about risk and management skills in forex trading. Try to use $10 in TenkoFx.

Originally Posted by CahCuncun

Of course, we should know how to manage our money in forex trading. Do not let our money lose in vain. Let's start trading with small amount first to get trading experience and more understand about risk and management skills in forex trading. Try to use $10 in TenkoFx.

Yes, we must use money management to minimize losses in the forex business. using MM and good trading system that can minimize this loss, but if we can also use promotions from brokers ( FBS ) such as IB rebates and insurers will provide more benefits