ECN. Used most by professional traders. Difficult platform for beginners
Minimum deposit $10000 (or $3,000 if under 25yo) * Well diversified -Oanda
Market maker. Second largest retail FX brokerage in the US. Easy platform for beginners.
No minimum deposit
Not well diversified, but well capitalized -Gain Capital (whitelabel forex.com) *Market Maker *Fair spreads *Minimum deposit $250 *Well diversified -FXCM Inc
ECN. Largest retail FX brokerage in the US
Minimum deposit $2000
Not well diversified. CAUTION: FXCM nearly went bankrupt in Jan-2015 due to a lack of diversification and low capitalisation. As a result FXCM LLC was bailed out with a large loan which may prove difficult to pay back. Be warned that their business may not be sustainable in the long term. -MBTrading
ECN. Mid-sized retail FX brokerage
Minimum deposit $400
International Only- -LMAX (whitelabel DarwinEx) *DMA broker based in the UK. Note that as a DMA broker LMAX eliminates the ability for LPs to last-look transactions. This may result in reduced liquidity during volatile times as liquidity providers would be likely not to risk posting liquidity to LMAX's pool. *Tight spreads *Minimum deposit $10,000 *Fairly well diversified -Dukascopy *ECN based in Switzerland, but available elsewhere depending on local regulations. *Tight spreads *Minimum deposit $100 *Fairly well diversified -IC Markets *ECN based in Australia *Fair spreads on standard account, tight spreads on professional accounts. *Minimum deposit $200 *Fairly well diversified -Pepperstone *ECN broker based in Australia. *Fair spreads on standard account, tight spreads on professional accounts. *Minimum deposit $200 *Not well diversified Software / Apps: Desktop/mobile
Apps are typically broker dependent. Some brokers have their own proprietary software, while others lease common software like Metatrader or NinjaTrader. Some software has a large development community for indicators and EAs.
Terminology/Acronyms: www.forexlive.com/ForexJargon - Common terms and acronyms FAQ: I need to exchange money, how do I do it? This isn’t what this sub is for. Your best bet is using your bank or an online exchange service. Be prepared to pay a hefty fee. I have money in one currency and need to exchange it into another sometime in the future, should I wait? Don’t ask us this. We speculate intraday in FX and shouldn’t be relied on to tell you what’s best for you. Exchange the money when you need it. I have an FX account, should I start trading demo or live? This is highly debatable. You should definitely demo trade until you have mastered how to use the trading platform on desktop and mobile. After that it’s up to you. Many think that the psychology of trading live vs demo trading is massively different. So it may pay to learn to trade live. Just be warned that most FX traders lose almost their entire first account so start with a low affordable balance. What’s money management? Money management is a form of risk management and is arguably the most important aspect of your trading when it comes to long term survival. You should always enter trades with a stop loss - the distance of the stop allows you to calculate how large of a percent of your account balance will be lost if your trade stops out. You can run a monte carlo simulation to figure out the risk of having a number of trades go against you in a row to drain your account. The general rule is that you should only risk losing 1-4% of your account per trade entered. More on this here: www.investopedia.com/articles/forex/06/fxmoneymgmt.asp www.swing-trade-stocks.com/money-management.html What about automated trading? Retail FX traders have been known to program “Expert Advisors” (EAs) to automate trading. It’s generally advisable to stay away from that until you’re very experienced. Never buy an EA from a developer because the vast majority of them are scams. What indicators are best? That’s up to you to test and find out. Many in this forum dislike oscillating indicators since they fail to capture the essence of what moves price. With experience you will discover what works best for you. In my experience indicators that are most popular with professional traders are those that provide trading “levels” such as pivot points, fibonacci, moving averages, trendlines, etc. What timeframe should I trade? Price action can vary in different timeframes. In longer term timeframes the price action and fundamentals are much more clear. Unfortunately it would take a very long time to figure out whether or not what you’re doing is successful on longer timeframes. In shorter timeframes you can often tell very quickly if what you’re doing is profitable. Unfortunately there’s a lot more “noise” on these levels which can prove deceptive for those trying to learn. Therefore the best bet is to use a multi-timeframe analysis, working from top-down to come up with trades. Should I trade using fundamental analysis (FA) of technical analysis (TA)? This is a long standing argument in these forums and elsewhere. I’ll settle it here - you should have an understanding of both. Yes there are traders who blindly ignore one of the other but a truly well rounded trader should understand and implement both into the analysis. The market is driven in the longer term through FA. But TA is necessary to give traders a place to enter and exit trades from a psychological risk/reward standpoint. I’ve heard trading Binary Options is an easy way to make money? The general advice is to stay away from binaries. The structure of binary options is so that when you lose the broker wins. This incentive has created a very scammy industry where there are few legitimate binary options brokers. In addition in order to be profitable in binaries you have to win 55-65% of the time. That’s a much higher premium over spot FX. Am I actually exchanging currencies? Yes and no. Your broker handles spot FX is currency pairs. Although they make an exchange at the settlement date they treat your position in your account as a virtual currency pair. Think of it like a contract where you can only buy or sell it as a pair. In this sense you are always long one currency while short another. You are merely speculating that one currency will appreciate or depreciate vs another. Why didn't my order fill? Even if price appears to cross over a line on your chart it does not guarantee a fill. Different charting platforms chart different prices - some chart the bid price, some the ask price and some the midpoint price. To fill a limit order price needs to cross your limit's price plus the spread at the time that it is crossing. If it does not equal or exceed the spread then it will not fill. Be wary that in general spreads are not fixed. So what may fill at one time may not at another.
One of the most popular Forex forums with many active members sharing their MetaTrader expert advisors and indicators. If you seek for someone to implement an EA from your trading strategy there are people in this place that will help you for sure. Although, Forex TSD has a paid part, the free forums has plenty of Forex "goodies" to offer. Merged with MQL5.com forum. Tag: tsd ea. FxPro Launches Library of MT4 and cTrader Forex Robots Jun 18 2013 12:45:35 Forexbrokerz.com in Expert Advisors. Today we'll explore a brand new and exciting resource for FX robots: the FXPro Library. Read more. Page 1. LAST COMMENTED. HF Markets (Hot Forex) GPI Markets; Paragon-finance ; Loyal EFX; Fx-One; MOST READ. FX Choice; HF Markets (Hot Forex) FBS; XM; FxPro; BROKER LISTS ... For now, obviously we're only posting files that are missing from Forex-Station that are by Mrtools and Mladen (files that may have been removed when we migrated Forex-station to this newer forum back in 2017) and not every single thing in there as a lot of it is pictures, broken files or very old indicators & EA's that need to be re-coded etc. Forex TSD veranstaltet im Forex Forum einen EA Wettbewerb Da Forex TSD sehr bekannt und seriös ist, sollten Sie sich das mal anschauenForex-TSD.com ist eine sehr bekannte und sehr umfangreiche Webseite, die sich mit vielen Themen rund um den Forex Handel beschäftigt. Leider ist die Webseite nur in Englisch verfügbar, deshalb werde ich jetzt nicht auf die vielen Bereiche der Webseite zu ... But there are many good threads about indicators, EA's, neural networks etc. I learned a lot from free open source EA found on forex-tsd (especially Ellie section) . If You are looking for holy grail, for free lunch without any work and understanding You don't find it . If You are looking for some good programmer and examples of source code, ideas of indicators and EA this is place for You ... FREE DOWNLOAD NOW – The World’s 10 Most Popular Forex Trading Systems Revealed. The systems have been developed, tested, and optimized for use on the 1 hour time frame, but its could actually be just as easily adapted for use on any other time frame either higher or lower. DOWNLOAD TRADING SYSTEM. FREE DOWNLOAD ALL TRADING SYSTEMS . Most Accurate Moving Average Trend Line Trading System ... Rlinac is the owner of this EA posted at forex tsd. Do a search there to have a better understanding how she works. i'm having the modified version for ibfx mini account, i think it should work for standard account if you don't select the mini. remember it's an EA with function like an indicator so put it at the right folder. as for tdion, suggest that you use the ignore button. limcs Attached ... Articles tagged with '60 Seconds Indicator Forex Tsd' at Best Forex Experts, Reviews and Collection for MetaTrader benefit of hindsight. Furthermore, this EA version is still in beta phase and is meant for educational purposes only. By using this Expert Advisor you agree and understand the risks involved. You also understand and acknowledge, that there is a very high degree of risk involved in FOREX trading. The author and the publisher are not responsible for any actions that you undertake and will not be ... 自動売買EAを無料で提供しているフォーラムサイト Forex TSD について説明しています。
Take profit ea, MT4 EA, Expert Advisor, MetaTrader 4, TOP SECRET EA, The Best forex EA, Best forex EA, Best EA, Take Profit, Take Profit ea, Expert Advisors, TakeProfit, TakeProfitEA, MT4 FOREX ... New update on my trade manage EA which combines all previous versions of features. See detail here: http://www.forex-tsd.com/metatrader-4/32072-various-trade... Forex Tsd 25,265 views. 4:38 . Forex Grid trading System EA - Duration: 6:19. Forex EA Robots and Indicators 78,489 views. 6:19. Warren Buffett - The World's Greatest Money Maker - Duration: 59:03 ... Found this in http://www.forex-tsd.com/metatrader-4/24353-free-breakout-ea.html Back test and found it is not bad. May need some trailing stop but at lest st... FOREX TSD is a worldwide famous forex-invest forum, specialized in Custom indicator and Expert advisors of Metatrader 4.Through this series of videos, you will be able to get a general view of the ... Forex Expert Advisor (EA) for Metatrader4 (MT4) : 204060 Program V0_02 EA Grid System - Duration: ... Forex Tsd 24,550 views. 4:38. Accumulative Profits Grid (Part2) - Duration: 16:18. Remon ... Take profit ea, MT4 EA, Expert Advisor, MetaTrader 4, TOP SECRET EA, The Best forex EA, Best forex EA, Best EA, Take Profit, Take Profit ea, Expert Advisors, TakeProfit, TakeProfitEA, MT4 FOREX ...