Newbie To Forex

Leon55

Recruit
Messages
12
Hi, its been a while now since i started trading and yes i used demo when i started off.
The maximum time spent on Demo is for a month cause demo is just for learning and practice there is no real emotions in it.
So don't try to spend much time on demo and when you get into Live trading will not be the same as the demo.
 

fxoday

Sergeant
Messages
233
That's fine. It just leaves you vulnerable to claims that any perceived difference in demo vs live performance in execution is purely due to psychological reasons.
Especially about that, but in other cases also different trading server which might the cause of different speed of trading execution, some trader has experienced good in a demo but hard in a real trading server, manipulation price requote, etc
 

AlecR

Corporal
Messages
87
In demo execution will be bang on target but real market or real broker use raw spread data and there are slippage issues in execution on real account. I have personally experiences that raw spread slippage specially during news events.
 

Alfonso47

Recruit
Messages
2
How do you know which broker is the best to use when there are two brokers in mind ?

Is the reviews or by experiencing both brokers ?
 

LuckoftheFX

Private, 1st Class
Messages
53
Dont jump on the first thing that comes along, take your time.

Test things out and read reviews, and make your own opinion on what is best for you
 

Arthur21

Recruit
Messages
8
Which broker would be best to start off with, if your a first time user in forex trading ?

FPA Forums Team Note: Do not ask for company recommendations in Beginners Bootcamp. Do not make company recommendations in Beginners Bootcamp. Making recommendations in this non-Commercial folder is a fast way to meet Spam Cat.
 

holycow

Master Sergeant
Messages
294
It is really hard finding out the right broker these days because many new brokers joining the industry every day while some winding up at the same time. It is better to do a thorough research if you are new and FPA could be a great place to check insights for any broker.
 
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