Recent content by shanmugapradeep

  1. shanmugapradeep

    Searching Non Derivative Forex Trading

    Hello, Contract for Difference (CFD) is a derivative product, which means we do not own any assets directly; instead, the value of the CFD product is derived from underlying assets. Therefore, CFD trades are not real currency exchanges. Is there any forex trading that is not a derivative...
  2. shanmugapradeep

    Searching Best Forex broker for Demo Account

    Hello, I am looking for the best forex broker to open several demo accounts. For example, HotForex only allows 3 demo accounts, while ICMarkets allows 20 demo accounts. I am looking to have 30+ demo accounts. My main requirement for demo accounts is to have swap-free and zero commission...
  3. shanmugapradeep

    What is Spot Forex?

    Which forex broker provides Spot forex? General Forex Talk is a non-Commercial folder. If you want to seek a specific type of broker, please open a thread here... https://www.forexpeacearmy.com/community/forums/financial-company-comparisons-and-discussions.127/
  4. shanmugapradeep

    What is Spot Forex?

    Hello, What dies Spot Forex mean?. And How it different from Retail Forex CFD Issuer?
  5. shanmugapradeep

    What is Volumes in Metatrader

    Hello, I know, the Volume generally mean Lot size in MT4 when we are opening new orders. But what is Volume in chart? What kind of information or data it shows?. And how it is useful?
  6. shanmugapradeep

    NFP and Other Non farm are same or different?

    Hello, News like Non Farm Payroll Non-Farm Employment Change ADP Non-Farm Employment Change all are same news with different names but these are different news?
  7. shanmugapradeep

    Discuss HFM.com (was HotForex.com)

    Hello, I’ve been using HotForex for quite some time, and so far, I haven’t encountered any issues with them. Perhaps it’s because I’m still in a loss. Their support has been good. However, while browsing through ForexPeaceArmy’s forum, I stumbled upon a complaint regarding HotForex. HotForex...
  8. shanmugapradeep

    What are the List of news Events which have High Volatile for News Trading

    Hello, What are the list of news events that can bring about significant price movements and high volatility in the forex market? I personally know of two events: NFP and FOMC, which are known for their high volatility.
  9. shanmugapradeep

    Searching What is the best broker for lowest slippage for News Trading

    Hello, Which broker would you recommend for news trading? During news releases, prices can spike rapidly in any direction, and market volatility is at its peak. I am currently facing significant slippage with my current broker, HFM (formerly HotForex). I am searching for the best broker with...
  10. shanmugapradeep

    Understanding spread

    Hello, In a zero spread account, brokers charge a commission. For example, in one broker I use, for 1 standard lot, they charge $7 as commission for EURUSD. If I place a Buy/Sell trade with $1 lot on EURUSD, for a profit of 3 pips, it will be $30 - $7 = $23, and for a loss of 3 pips, it will...
  11. shanmugapradeep

    Discuss Understanding Scalping Strategy

    Hello, The scalping strategy involves opening trades with small take profit (TP) and stop loss (SL) levels and closing them within a few minutes, aiming to gain small profits per trade. For example, let’s say I make a trade with TP of 1 pip and SL of 1 pip (equal risk), or TP of 1 pip and SL...
  12. shanmugapradeep

    Searching How to invest in USA IPO

    Hello, How can I invest in USA IPO (Initial Public Offering) stocks from outside the USA? Additionally, do you know how to invest in UK IPOs or Canadian IPOs from outside their respective countries? Are there any applications or websites where I can invest in IPOs from the USA, UK, and...
  13. shanmugapradeep

    Searching Understanding Trailing Stop Loss

    Hello, I am finding little difficult in understanding Trailing Stop loss. How does it work, does it take value from Stop Limit, Trade Entry Price or Current Price or Highest Peak in Favorable direction. After reading some blogs about Trailing Stop, This what i understand : Condition: If the...
  14. shanmugapradeep

    What is a best strategy to find trend direction and market condition

    Hello, How can i find Identity Market Condition with good accuracy rate like Trend (Up-Trend/Down-Trend), Range and Breakout?. Can someone share there strategy how they find and how is the accuracy?
  15. shanmugapradeep

    Searching Which forex broker do you use, and how was your experience with them?

    Hello everyone, I have a $10,000 USD budget for Forex Trading. Which broker should I choose for deposits and trades? After checking multiple forums like Babypips, ForexPeaceArmy, ForexFactory, and EarnForex, I learned that all the retail brokers work with Market Maker models, and none of the...
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