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Connect with other traders in our trading forums, whether you have an interest in Forex, stocks, gold, silver or oil and gas.
My Plus500 review
The range of markets is impressive, especially if you want to trade stocks.
You need to be mindful about currency conversion fees, because Plus500 will charge you every time you buy or sell instruments denominated in a currency other than your own. For example, if you fund your account in Euros but trade US stocks, a currency conversion fee will apply on every trade. There's little transparency around this, even though these fees can eat into your profit.
1 to 3 months with Plus500
My FP Markets review
FP Markets has a great trading platform and tight spreads. I also like the ability to trade gold against a wide range of fiats: USD, GBP, EUR and even EUR.
I've had issues with large withdrawals taking long than I'd like. Customer service is helpful, but this needs to be fixed.
4 to 12 months with FP Markets
Lifecycle of a GME Trader
You stumble upon a Reddit forum buzzing about Gamestop (GME) stock. Fuelled by memes, a desire to stick it to the hedge funds, and maybe a few late-night YouTube videos about the stock market, you decide to dive in.
You buy GME stock and direct register your shares to prevent Mr Mayo from shorting them. Ramen noodles become your primary food group, because every penny counts towards buying more GME shares.
Every waking moment is spent glued to your phone, watching the ticker like a hawk. Roaring Kitty tweets, and the apes erupt in a frenzy. Is it time for another moonshot?
I'm bullish on gold long term, but also like we could be due for a pullback towards the 100-day moving average in the near term. A "double top" has formed, and with gold trading now close to its 50-day moving average, I don't see a catalyst in the near term for a surge in price. Historically, the summer months are a weak period for metals.
Greetings from Australia. I'm all about technical analysis, patterns, and indicators. Look forward to sharing trading tips with you all.
My EagleFX review
You can sign-up and start trading in minutes, without having to verify your account. Customer service is highly responsive.
It's easy to fund your account if you already own crypto. If you don't have crypto, you can buy some online, but it's always a bit of a hassle.
1 to 3 months with EagleFX
Hi team, @piphunterx here. My focus is profits above all else. Been trading Forex for a decade, weathered my fair share of storms. Ready to share some battle-tested strategies and maybe pick up a few new tricks.
Thought I'd share this post on X by Tavi Costa, which does a great job at summarising the bull case for gold. China and most of the BRICS countries are pivoting away from US Treasuries, into gold. This is de-dollarisation in action.
My FxPro review
The trading conditions, especially the execution speed and low trading costs, are some of the best I have seen. I've been able to execute trades with minimal slippage, which is crucial for my high-frequency trading strategy. The low commissions on the Raw+ account have significantly reduced my overall trading expenses.
The $1,000 minimum deposit on the Raw+ account could be a little lower.
1 to 3 months with FxPro
I keep seeing all these screenshots of people making crazy profits on the Forex market, and it's seriously messing with my head. I end up jumping into trades without enough planning, and of course, I lose. Need some advice on how to stay disciplined and stick to my trading plan.
