The last points might be pretty similar , but the answer to the first few points are quite different
for example i know that the PDT rule exists for stocks but does not exist for forex
and in stocks you go against other traders while in binary options you compete against the broker
that is...
can someone help filling out this table ? i am doing an overview of all traded markets to choose the most suitable one for me , whether it is forex or something else. Thanks
Instruments and securities to be traded
Forex
CFDs
Stocks
Futures
Bonds
Options
Binary...
What do you mean by trading system ? You mean my trading strategy ?
And how can i not take risk ? The entire idea of trading is based on risking price action
Exactly , but i heard that they might refuse withdrawals especially if they think that it is a large sum of money , do you know any trustworthy forex brokers ?
I found reviews complaining from FCA regulated brokers + other overseas regulators. That is why i don't know who to trust anymore. Can you mention some of these brokers here ?
Let's assume that the trader finds a good and trustworthy broker. How can this trader stay in good terms with the broker? For example, i heard that the brokers get pissed off if you decided to withdraw a large amount of money ( for example 10,000$) from your dashboard on the broker's website and...
I accept the fact that there would never be a 100% approval rate. But at least 80% of the times are positive , most of the reviews here are negative. While it is good to see them to take warnings and cautions , it is kind of pessimistic. All that i am asking for is a balanced opinion. For...
I have been looking at several forex brokers for a few months now , checking their requirements , trying their demo accounts , checking their reviews. But one thing that bothers me is TRUST.
I have been looking through the reviews on this website and always find things like "list of top 20...
How can i know if a broker is just registered with a regulatory body or regulated by them? I usually check the broker's license number on the regulatory body's website and check the one on the broker's website , if they are matching , then this means that this broker is well regulated , right ?
Yes , i always check if the broker's claims of regulation are true by checking on the regulators website , but when i went through the reviews here , i found that there are traders getting scammed by heavily regulated brokers (even the big ones) , so this kind of worries me and makes me think...
OK, then this looks like to be the norm. But is there a reason why he asks for things like utility bills or bank statements as proof of residence when my passport already states my address ?
If you mean anonymous to the broker, then i don't mind if i share my ID with the broker. But to give a somewhat unknown entity (even if regulated) my personal bank account statement showing my account number and balance, then this should keep me worried from hacking or cyberattacking my account...
I am currently looking to trade with a broker but the broker is asking for proof of residence documents such as utility bills , bank statements , tax certificates or any other documents which show an address and money transactions. So my question is : is this normal for a broker to ask for ...
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