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/r/Forex Trading Community
Welcome FXGears' Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat.
PipsWin is currently giving free Forex signals services from the previous 5 years gladly. This page is a special platform where Members can get Free Signals, News, Analysis, and other most recent Forex occurs.
I just wanna share that among my streams of income, one of my favorite so far is trading online. It is something I can do anywhere and since I travel a lot, this is very useful for me as I can access it just with my laptop and a reliable internet connection . I use Olymp trade as my broker and its been reliable. Especially they have educational materials in their website that you can access through www.olymptrade.com/education. Those lessons helped me and should do the same for you!
Thinking Oanda? Not going to be starting with a lot of capital ($200-$300). Would like for someone to lead me in the right direction. I’ve been toying around on MetaTrader 5 and want to start doing some lightweight trading.
I’m just wondering, I know you can trade stocks on metatrader4 as well as standard forex of course, but do you get hit with pattern day trading just as you would for a regular stock trading platform like robinhood or TDameritrade? Like could I just indefinitely tnely buy and sell stocks with a small amount of money without getting hit with a 90 day penalty? Still rather new to all of this, so my apologies if it’s an obvious answer haha..
I'm working on an algorithm which finds arbitrage opportunities. One of the requirements would be that I can execute orders on a very small timescale, say milliseconds or tens of milliseconds at most. Which platforms would be the most ideal for this purpose? Obviously they would have to satisfy a couple of conditions, i.e. no commission per trade, low latency (found this earlier), low execution time etc. I don't know where to start.
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Evening all... I was having a conversation with a few traders from my town and they were getting concerned that the trading platform we use is trying to screw us with wide spread and market manipulation (Tin Foil hat stuff, maybe). I don't know if they are paranoid as they were have weeks where they were earning 40-60K a week using TD ameritrades think or swim program. now its down to 3-4k a week. I am a smaller trader than them and i am not seeing this but they got me worried. What sort of trading platform are you using and have you left think or swim because of similar thought ideas....
Firstly, there are two types of Forex currency trading software. There is the generic type that a Forex broker uses to build a platform on. This is often used by many Forex brokers and is more straightforward, more cost-effective and easier to maintain. The trading process in the Forex market is an interplay of interaction between various software ranging from the trading platform to other add-ons such as indicators and expert advisors. So for any beginner in forex, the MT4 is the 1 st trading platform that you must acquaint yourself with. Top Forex Brokers with MetaTrader 4 Platform. Broker Info Bonus Open Account; MetaTrader 4 is the most popular forex platform by retail forex traders with over 50% market share worldwide. Most leading brokers offering fx trading offer MT4 including Pepperstone, Saxo Bank, IG and CMC Markets. The best MT4 broker is Pepperstone based on spreads, execution speeds and features. MetaTrader 5. Quite similar to MetaTrader 4, this is one of the best forex trading platforms currently available. In general, MetaTrader 5 is slightly faster, supports more types of orders, comes with a larger amount of indicators and has some additional features. Whilst it is a better platform, there aren't any huge, revolutionary differences which can make MetaTrader 4 redundant.
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