LMAX, Dukascopy, Saxobank, Interactive Brokers.

These are among the most recommended brokers.

Hello,
I need some views from the sifu here. I have an account with this newly established broker called Union Markets Limited (fxum). Says that they are registered and regulated by the New Zealand Financial Service Provider. And my account is maintained by the same service provider. How relatively safe am I to use this broker?

You give people money to trade = you're investor.
Investor =/= sure profit.

In life, if you're unsure there's only 2 thing you need to do.

1) Search for confirmation and execute it.
2) Stay away from it.

[GBP/USD]

My POV, Fundamentals not analyzed yet, sentiment wise Majority still holding their short positions,
but providers adding to their long positions (net change 2.4%)
Technical wise, H4 pullbacks are getting more momentum, bears losing a bit of edge here

too many scammer here. Me with some friends chipped in and start invest ourself. Don't use forex as a scheme get rich.

I trade forex to cover daily expenses only, like rental, car loan or utilities bill. So far we are success. Daily $100 profit and satisfy with it.

If u think forex can give u Ferrari or a lambo? Then u too naive, better go casino. More even faster.

Buy buy buy..

no change, so which way did you go?

share your tp and sl?

Agree with you. I had learn from the hard way. Bursting account is not fun tho.

Lol true..but still better than forex. At least got guaranteed return of 2.5%. FD is not bad too..3-4%

People trade in FX and stock mostly for long run returns and hedging. Daily trade is risky, but if you can take such risk, go right ahead.
You know what they say, high risk high return. 

Hi forex traders lowyat, I just started forex 2 weeks ago and still consider newbie level.  Been reading many forum and testimony from experience forex trader earn big sum money and then lost it all and start from beginning again due to greed. I constantly remind myself not be greedy and just finish for the day after getting 30 pips following my friend advice.

Somehow i nearly able to double my initial equity yet i don't feel confident and forex is seems like guessing market news and buy/sell the right timing but with higher chance of winning than casino. That's what my thought of forex.

@zanmai
I read that you are a full time forex traders, may i know your targeted pips daily and your targeted percentage win daily? =)

Most forex robot are risky and useless due to most of them are using martingale system. What do you guys think? I think they are mostly scam and just selling their so called robot to naïve consumers.

For those who don't understand. 
-A Martingale System is a method of gambling where you double your bet each time you lose. Many EAs and some other forex trading systems use this method.

Imagine that you bet 1 dollar on a coin coming up heads. If you lose, you bet 2 dollars the next time. If you lose again, you bet 4 dollars. If you win that time, you win 4 dollars and have lost 3 dollars, so you come out 1 dollar ahead.-

How beautiful is beautiful?

Help me find a chicken chart also. Thanks. Hahaha

Nice patterns. It's very funny, but useful.

Buying gold? Unfortunately I am going to short gold. Let's see how the caterpillar works.

Guys.. I have a question...

Do you guys normally place a stop-loss on all your trades?

Cheers

Thanks for the reply bros..
I am having consistent profits every month (talking about 2000 to 3000 pips through Xau). However, out of the trades in a month, I will face some losses due to the stop loss hit.... So i took some initiative to investigate the influence of stop-loss.. When you say protect your capital 3 times? what do they mean?