Forex trading platform, problems, what problems occur in the forex platform, should you be vigilant?

Updated on Financial 2024-02-25
10 answers
  1. Anonymous users2024-02-06

    The foreign exchange trading platform refers to some independent dealers in the foreign exchange market with certain strength and reputation, constantly quoting the buying and selling price of the currency to investors (i.e., two-way **), 24-hour trading except holidays, and accepting investors' buying and selling requirements at this price.

    There are many companies in China, and after years of competition, the spreads are actually relatively stable, no one is relatively high, and no one is relatively low.

    As mentioned upstairs, the basic spreads are 3-4 **5. This is the result of years of competition, so it is not recommended that you blindly look for a platform with lower spreads.

    The better platforms in China include TMG, FXDD, etc.

  2. Anonymous users2024-02-05

    There are a lot of software, and the most important thing is to choose a good formal platform and a regular business, and find the right method.

    Domestic TMG is an old brand established in 1980, and the domestic reputation is very good, which is worth recommending.

    Beginners are advised to make the following preparations before investing. For novices, there are fewer detours.

    1.Don't listen to what the old friends say, you don't need to read books, you don't need to read technical information, just fry more. I think there are some basics of forex that newbies must know that still need to be learned.

    For example, do you know what a pressure line is, how to use a template, how to use 5 sticks, and so on.

    2.Candlestick Chart This book is completely the Bible of Forex, and it is recommended that you read the must-read book for forex friends here.

    3.Look at the data, there is nothing more convincing and learning than data. Communicate more with the masters in the group.

    4.One investment, don't invest in the early stage, and don't need to invest, because you can apply for a demo account, when, you have a feeling of simulating, and you are investing.

    5.Choose the mainstream platform, don't touch the hey platform, all the people in the box are newcomers. I don't really believe in any rebates or anything.

    In addition, it is recommended that the platform must be regulated by the NFA, because the United States has the strictest financial laws and strict capital flow, so we have a sense of security for our funds.

    6.Speculating on foreign exchange is regarded as financial management, not as speculation. I feel like this is the direction of financial management. To be a financial manager, to be an investment, not to speculate, speculative are gamblers.

    7.That's right. If you are a newbie, you can register a forex demo account first, and first register for free to play. Look at how simulated foreign exchange speculation is speculated, and slowly you will understand.

  3. Anonymous users2024-02-04

    There are many forex platforms and so many forex dealers. Which one is better, there is a saying, and there is no opinion.

    But the so-called foreign exchange looks lively, and insiders look at the doorway.

    How do experts generally choose a good forex platform. First of all, safety first, stability second, cost third.

    Security is the safety of funds, stability is the stability of the platform, and the cost is the trading spread. I have been in the forex industry for many years, and from my years of experience.

    First of all, look at the regulation, generally speaking, as long as the U.S., NFA, UK, FSA, and Australia investment are accepted as members, and any one of them is regulated, its regulation is recognized. The rest mainly depends on the professional ethics of the company. More than 20 times leverage in Hong Kong is illegal, don't believe those who say it is regulated, such as New Zealand, Singapore, Macau, Japan, Hong Kong, British Virgin Islands, Indonesia, Cambodia, Cyprus, Cayman Islands, ......and other foreign exchange platforms.

    Secondly, depending on the time of the establishment of the company, generally speaking, most of the domestic foreign exchange companies entered after 1995. That is, if it was actually established before 1995. Then the purpose of his establishment is definitely not to make money in China in the future.

    And the longer it has been established, the more mature the market is.

    We can also see the moral level of the company from the long-term development of a company.

    Some companies have been complained about for decades, and some companies have been complained about for decades. That's the gap.

    If there is SEC regulation, it is of course the first choice, such as TMG (American International Exchange Group) and IBKR.

    After choosing, ** its trading software Apply for a demo trading account to perform simulated operations, be familiar with the trading software, and check whether the trading software is stable and reliable. Generally, we prefer the largest MT4 trading software for users, this software interface is simple, clear at a glance and powerful. Also in order to communicate with the majority of friends, it is recommended to choose MT4 trading software, transaction costs:

    On the spread, choose a fixed spread platform, and the general spread is 3-4. Do not use floating spreads to reduce the uncertainty factors affecting your investment sentiment.

    Personally, I think the TMG platform is better, in addition to the traditional supervision, he has the supervision of the US Securities and Exchange Commission, which is very advantageous. And it is the largest forex dealer in the world.

    TMG provides 24-hour continuous online foreign exchange trading for global customers, and provides a stable and powerful trading platform, the unique advantage of which is the operational transparency based on bank rules and in-depth understanding of the international foreign exchange market.

    TMG has been committed to the development of the foreign exchange market, so that customers can get the same fair opportunities as other traders in the world on a stable platform, and obtain greater profits in trading.

  4. Anonymous users2024-02-03

    Nowadays, better platforms such as TMG, FXSOL, and IFX are good.

    As for myself, I have been using the TMG platform for more than a year, mainly because a friend is also a TMG businessman, so I use it together. Of course, I prefer the TMG platform myself.

  5. Anonymous users2024-02-02

    Strict regulation, big platforms, can, like Forrest, RocoForex, FXDD, are no problem.

  6. Anonymous users2024-02-01

    The general spread is 3 spreads in Europe and the United States, 4 spreads in the United Kingdom and the United States, and **5 spreads.

    Domestic TMG is a very good platform. Let's go down.

  7. Anonymous users2024-01-31

    If the platform advertises a quick withdrawal within 1-2 days, but in fact it is delayed to 1 week, investors will immediately be nervous and alert to whether they will be deceived.

    If there are things like delays, slow transaction connections or execution, then it's clear that there is something wrong with this forex platform. Investors will have the impression of distrusting the platform, and the forex platform is unable to provide investors with a stable and adequate trading environment.

    If the broker offers a variety of convenient deposit and withdrawal methods, stopping one of them is not a big problem. However, if a forex platform itself has only two deposit and withdrawal channels, and it suddenly deactivates one of them, the trader is left with only one option.

    Regulators such as FCA and ASIC will often warn some companies that are conducting business without authorization, although this does not necessarily mean that these companies are fraudulent, but they are warned by the regulator as false, do not play a role in the protection of being supervised, and the funds are not safe enough.

    If you want to participate in foreign exchange speculation, it is best to choose a regular large-scale foreign exchange trading platform, you can go to the "foreign exchange 110" official website to check, Tigerwit has been approved by the British FCA, Bahamas SCB issued a full regulatory license.

  8. Anonymous users2024-01-30

    I think that the platform needs to be vigilant about whether to withdraw funds, and at the same time, we also need to learn more about the insider, and we can see a lot on the Outer Exchange Sky Eye. I hope my answer will help you, so take it.

  9. Anonymous users2024-01-29

    Forex trading is the exchange of one country's currency with another's currency. Unlike other financial markets, the foreign exchange market does not have a specific location and does not have a ** exchange, but is traded through an electronic network between banks, businesses and individuals. "Forex trading"It is the simultaneous sale of one currency in a currency pair.

    Forex is traded in currency pairs, such as the Euro US Dollar (EUR USD) or the US Dollar Japanese Yen (USD JPY).

    Trading Methods. Spot foreign exchange transaction: also known as spot foreign exchange transaction, is a foreign exchange transaction method in which the two parties agree to handle the delivery within two business days after the transaction.

    Forward transaction: also known as futures transaction, the foreign exchange transaction is not delivered after the foreign exchange transaction is completed, and the delivery is handled at the agreed time according to the contract.

    Arbitrage: Arbitrage refers to the use of different foreign exchange markets, different currencies, different delivery times and differences in some currency exchange rates and interest rates to buy from the low price and sell from the first party to earn profits from foreign exchange transactions.

    Arbitrage trading: A trading method that takes advantage of the difference in interest rates that occur in the currency markets of two countries to transfer money from one market to another in order to make a profit.

    Swap Transaction: refers to the combination of two or more foreign exchange transactions with the same currency but opposite trading directions and different delivery dates.

    Foreign exchange**: The so-called foreign exchange ** refers to the ** contract with the exchange rate as the subject matter, which is used to avoid exchange rate risk. It is the earliest variety that appeared in finance.

    Foreign exchange options trading: foreign exchange options are bought and sold in foreign exchange, that is, the option buyer obtains a right after paying the corresponding option premium to the option seller, that is, after paying a certain amount of option premium, the option buyer has the right to buy and sell the agreed currency at the same time as the agreed exchange rate and amount agreed by both parties in advance on the agreed expiration date, and the buyer of the right also has the right not to execute the above sale and purchase contract.

    8. In the future, there will be a foreign exchange trading platform jointly organized by banks and Internet investment companies, which will reduce unnecessary costs for individual investment.

  10. Anonymous users2024-01-28

    Regarding foreign exchange trading, those things about foreign exchange trading, you may wish to log in to foreign exchange Tianyan to understand, it is the largest and most comprehensive and professional regulatory inquiry organization in China. WikiFX WikiBit is free to help users** and recover Many users have successfully recovered. Thank you for acknowledging my answer and adopting it.

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