How do I open a XM demo account? XM demo forex - XM Demo ...

Difficulty growing a small account.

Hi Guys!!
I’m back again with another post as I continue my forex trading journey!
I’ve opened a live account on XM with the $30 trading bonus they give for joining as a new member just to begin really trading with real money after spending some time on demo for a bit. Long story short, I didn’t know it was a lot more tougher growing a small account, like really really tough!! I’m making at most $1,70 per trade (3 trades per day) and the minimum is like 85c! My risk management is pretty damn tight! I’m starting to see that you really have to bump up the risk quite a bit to even see decent returns on an account that’s less than $100. However I’m not ready for that yet. So I’ll continue to work with this $30 account until I eventually blow it, I’ll see how long I can keep it going for. At the moment my lot size I’m trading with is 0.01!
I’m seeking for advice on how to try and possibly grow such a small account as best as I can.
And my final question is, when I’m ready to make that leap, how much do I realistically need to begin trading to see a decent amount of growth in profits? I’m not wanting to get rich. My aim is to 1 day earn $100 a day. Which is enough for me to live off in my country when all is calculated up in a month!
Thank you for taking your time to respond your advice in the past has allowed me to continue.
Take care and stay blessed!
submitted by Entrepreneur_Girl to Forex [link] [comments]

Multiple Time Frame Stochastics

A few people I follow on social media use MTF Stochastic (M5/M15) and they're profitable, but of course they won't divulge their exact strategy.
I did some research and found MTF StS lecture on Forex Factory made by a user "bobby2".
He said here: "The best entry possible is the beginning of the trend. This will be when the MTF Stochastic (higher TF stochastic) is crossing the 50 line for the first time."
I'm a lil confused: how would I know when the trend will start? The Stochastic is an oscillator, it usually goes up and down right? How would I know if the cross to the 50 line is the start of a new trend?
I would appreciate all of your help and insights. I trade using a demo account under XM.
Thank you all and stay safe 🥰
submitted by addcayennepepper to Forex [link] [comments]

Looking for a broker with proprietary online trading platform that allows you to determine quantities for SL and TP

Hi to all the trading gurus here, can anyone please help me out?
I'm looking for another broker with an online trading platform that specifically allows you (at the moment you place a trade, not afterwards) to determine the quantity of your SL and of your 1st Take Profit for the purpose of scaling out.
Referring to my screenshot, let's say I'm placing a 20,000 unit trade. For my initial SL, I set it at 20,000 quantity at whatever pips loss. No issues here and it's very standard.
For my TP1, to scale out by 50%, I would sell/buy 10,000 from my original 20,000. I DON'T have to place a separate countertrade at 50% later in order to scale out as my TP1 and then move my SL to breakeven. This feature lets you do it from the start. Other platforms that I have demo'ed don't allow you to set the TP1 at 50% of the position's initial volume.
I have tried Saxo, CTrader, Markets.com, IG, PLus500, XTB, FxPro, Oanda, Etoro, Dukascopy, CMC Markets, XM, FXCM, and a few others. None of them has this exact feature. Can anyone else let me know which other FX online platform has this feature?
Please don't ask me to stick to MT4/MT5 because I really hate their UI/UX/U-whatever. It's why I'm hunting for good online trading platforms that have the stuff I need.
I can only see the feature I've described on FOREX.com. And it also has all the indicators I use in my algorithm for FX.
But to be safe and diversify my funds, I'd like to use another trading platform similar to my current one.
Thanks much in advance, I appreciate the advice yeah
submitted by elkay79 to Forex [link] [comments]

Top 10 best Forex brokers in the world

Top 10 best Forex brokers in the world:

The success of Foreign exchange traders depends to a large extent on such qualities: dedication, perseverance, analytical thinking, self-discipline, enterprising, calm and calm. But in addition to these personal qualities and professional qualities, the profit of the trader depends on the partner they choose.

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What is an Online Forex Broker?

An online foreign exchange broker is a company (Brokerage firm) that deals with buyers and sellers, and the broker receives a process. In other words, it acts as an intermediary between the two parties in the purchase / sale transaction. And commissions as a profit for its services takes.
Here’s a list of the best online Forex brokers in the world.You can work with them because of the good reviews.
1.Superforex
📷
📷Super Forex provides access to all the major trading platforms in the world. Our customers can benefit from a short forex training course by opening a free demo account and learning the fundamentals of managing their funds in the Foreign Exchange (FX) market.
submitted by Ansarionline to u/Ansarionline [link] [comments]

Hi I would like to learn

I am 16, so I don't have the age to start trading but I can start learning.
I started with a demo on the stock market but I decided to try forex, I use a demo account of 1000 dlls.
Also, would it be a good idea to start trading being 17-18? (If I notice I am decent/good at it), this would be to increase my capital not for living.
Any suggestion where to search for information?
I already know/use:
Fundamental analysis
Best market hours
Know that most of the people lose their money
Analysis of japanese candles
Brokers (I have my demo account with XM)
Leverage of 1:100 (Maybe I would reduce it to 1:50)
I use tradingview.com and investing.com to make my desicion
I would like to learn:
Being good at dentifying supports and resistences
Develop a strategie that provides concisten profits
Find a place where I can learn a lot without paying
Technical analysis
When not to enter and leave, I usually have small profits because I don't know when to leave
submitted by jesus20281 to Forex [link] [comments]

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Open a demo account and access multiple MT4 and MT5 trading platforms instantly. Start with a $100,000 virtual balance and trade the instruments of your choice. The XM demo account features will depend on the trading platform that the trader uses, whether MetaTrader 4 or MetaTrader 5, in conjunction with the demo account. In other words, the demo account features can be accessed through the trading platform and will depend on XM’s offering with regards to asset classes, financial instruments, spreads, leverage, and so on. XM (XM.COM) bietet Forex-Handel, Handel mit CFDs auf Aktien, Aktienindizes, Öl und Gold auf MT4 und MT5. Online-Trading bei einem lizenzierten Forex-Broker. วิธีเปิดบัญชีทดลอง xm Global หรือเปิดบัญชีเดโม xm Global เปิดบัญชีได้ 2 แบบ คือ บัญชี Standard และ XM zero ด้วยเงินเสมือน 1,000 - 5,000,000 $ How do I open a XM demo account? XM demo forex Open forex a demo account. Click Open Demo Get account number and password. Download MetaTrader 4 and log in to it using the received data. Start forex trading on demo account. How do I log into my XM demo? Steps Now you will be... XM Demo Account Login explained by professional forex trading experts, All you need to know about XM Trading Demo Account Login, For more information about XM.com demo account login you can also visit XM review by ForexSQ.com currency trading website, The Top Forex Broker ratings fx brokers website and the Fxstay.com online investing company and get all information you need to know about XM ... Demokonto: Obwohl Demo-Konten versuchen Live-Markt-Szenarien nachzubilden, basieren sie auf simulierten Marktbedingungen. Dementsprechend existieren Unterschiede zwischen einem Demo- und Livekonto wie z.B. im Hinblick auf die am Markt zur Verfügung stehende Marktliquidität, Verzögerungen bei der Kursstellung und der Verfügbarkeit einiger Produkte, die im Live-Konto nicht handelbar sind. Jetzt zu XM und Konto eröffnen! CFD Service - 69,1% verlieren Geld Alle Fakten zu „XM.com Bonus“ im Überblick: Das XM.com Demokonto basiert auf der MT4 Plattform. Die Eröffnung eines XM.com Demo-Accounts ist kostenlos und zeitlich unbegrenzt. Das XM.com Demokonto wird mit bis zu 5.000.000 Euro Spielgeld aufgeladen. XM Forex Trading Plattformen. Maximale Forex Broker bieten eine branchenführende Plattform wie MT4 und kombinieren diese mit einer guten mobilen App. Es bietet 9 Plattformen, von denen fünf auf Desktop-Computer und 4, die scharf auf mobile Händler sind scharf sind. Sie haben wirklich keine Chance, sich dem Recht zu widmen, „Trading Kompetenz zu bewerten“ und für Händler aller Ebenen ... Bei einigen Anbietern müssen Forex Demo-Nutzer allerdings mit veralteten Kursen, befristeten Zugängen und lästigen Anrufen rechnen. Dennoch ist die Suche nach einem Anbieter mit einem Forex Demokonto durchaus eine gute Idee und das nicht nur für Einsteiger. Themenübersicht: 1. Unterschiede zwischen Devisenhandel Demokonto und Livekonto 2. Forex Demokonto Vergleich: Nicht jeder Broker ...

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การเปิดบัญชีเทรด Demo- XM 2018 - YouTube

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