5 reasons to choose a trading strategy for working on the Forex market
Of course, you can work intuitively, erratically or simply at your own pleasure, but if you want to get the maximum profit from your work, and also significantly reduce the risks, you have to choose a trading strategy. Meanwhile, we will talk about the advantages of trading strategies:
🔹 Increase in the percentage of profitable transactions. Scalping, sniper, poker - all of these strategies and many others can significantly increase the likelihood of making profitable deals.
🔹 Risk Reduction. If you use the strategy correctly, it significantly reduces risks.
🔹 Stability. The main problem among traders is the lack of stability. With the help of a well-chosen working strategy, you can provide yourself with stable work on the Forex market.
🔹 Reducing time costs and emotional stress. With the help of strategies that involve the use of advisors, you can not only unload your day but also significantly relax and rest from work.
🔹 Uniqueness and flexibility. You can adapt your work on the market according to your needs and develop the format of work that will be acceptable exactly for you!
Do you use strategies for your work on the market?
✅ - Yes
❌ - No
How to Choose a Forex Broker?
TopAsiaFx.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:- Is the Forex Broker regulated?
- Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability. Competitive spreads and easy deposits/withdrawals are good indicators too.
- Number of Currency Pairs offered: The variety of currency pairs on offer, as well as the quantity, should be considered (the more of both, the better).
- Availability of Customer Service.
- Quality of the Trading Platform: look for a platform that is easy to use, straightforward and offers a collection of technical and analytical tools to enhance your trading experience.
Rank | Broker Name | Special Offer | Minimum Deposit | Spread | User Score | Maximum Leverage | Regulation | Start Trading |
1 | NordFX | 55% Deposit Bonus | $10 | 0.0 Pips | 96 | 1:1000 | VFSC | Open Account |
2 | SGT Markets | Refer a friend $10 | $500 | 0.0 | 95 | 1:400 | IFSC | Open Account |
3 | OctaFX | 50% Deposit Bonus | $100 | 0.4 | 94 | 1:500 | IBC | Open Account |
4 | Exness | No | $1 | 0.1 | 93 | 1:2000 | FCA,CySEC,IBC | Open Account |
5 | IC Markets | No | $200 | 0.0 | 92 | 1:500 | ASIC | Open Account |
6 | Tickmill | $30 Welcome Account | $100 | 0.0 | 91 | 1:500 | FSA,FCA | Open Account |
7 | Axiory | $50 Deposit Bonus | $200 | 0.0 | 90 | 1:400 | IFSC | Open Account |
8 | Justforex | 100% Deposit Bonus | $1 | 0.0 | 89 | 1:3000 | IFSC | Open Account |
9 | ThinkMarkets | No | $250 | 0.4 | 88 | 1:400 | ASIC,FCA | Open Account |
10 | XM | $30 Welcome Account | $5 | 0.0 | 87 | 1:888 | ASIC,FCA,IFSC | Open Account |
11 | FBS | $50 Welcome Account | $1 | 0.0 | 86 | 1:3000 | IFSC | Open Account |
12 | HotForex | No | $5 | 0.0 | 85 | 1:1000 | INC | Open Account |
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