Saxo Bank Review Forex Trading

Choosing the right broker

Hello!
I am ready to dive in the world of trading and after my basic education I am starting to pappertrade. I figured out that I sould choose from now the boroker I am gonna use in the future to get used to the platform. The problem is that there are WAY to many brokers out there and its hard to choose. I need your help reddit!

What I need:
- I am mainly gonna daytrade forex, maybe some stocks and futures at the future.
- Low commisions, fees & spreads! I'm thikning of taking trades on small timeframes (5-20 mins , or a few hours). I am looking for a true ECN with comission model. I dont want conflict of interests with my broker
- A good platform. I don't like MT4. I liked cTrader.
- No requotes - No slippage - Fast executions!
- Leverage. I need at least 1:200 , so I probably need a broker in Australia (?)
- No problems with withdrawals.
- Regulation and good reputation! I don't want to loose my money!
- Low minimum deposit! I'm thinking about starting with 1000 euros, maybe 2000 max.

Brokers I have found surfing the net:
- Interactive Brokers
- Saxo bank
- IG
- Dukascopy
and the cTrader brokers:
- IC markets
- Pepperstone
- FxPro
- Roboforex

What do you guys think? Have you got any experience with those guys? What would you suggest? All comments and extra info are welcome!
submitted by geomad26 to Daytrading [link] [comments]

A brief over of the financial market for the beginners

Investing has always been a tool for managing personal finances. In this era of modern technology, people tend to invest in the most profitable option available in the ocean of vast opportunities. Foreign currency exchange or Forex is a new door to all. It is actually trading of foreign currency i.e. the act of simultaneously buying one currency while selling other currency at a higher risk so as to gain higher profit. Over the counter (OTC) Forex Market has no physical structure or location and the trade is done via a global network of business, banks & individuals for 24 hours a day from Sunday evening to Friday. Deposit a small value of his or her position which concludes into the higher potential of profit or loss than the traditional trading. While trading in forex one has to be careful and intelligent enough and have some risk management knowledge to gain the highest profit. Forex is quoted in terms of one currency versus another currency as a pair. To be honest you need to have strong patience in order to become a profitable forex trader.
Basic concept about the currency pair: The currency on the left is known as “the base currency” and the right is called the “counter currency”. An experienced Forex trader shall calculate the risk and buy a currency pair where the value of the base counter currency will strengthen against the counter currency. On the other hand, he or she will sell those currency pairs where the value of the base currency will weaken against the counter currency. There are mainly two different types of currency pairs in the world .if the currency pair is comprised of USD than it is called major currency pair or else we call them as a synthetic pair. For instance, EURUSD is a major pair and the GBPJPY is a synthetic pair. If you are new in trading then you should trade the major currency pair’s only. But if you are an experienced trader then you are most welcome to trade the synthetic pair where the volatility is extremely high.
Risk exposure in the market: Forex trading has a high risk of immense loss if research is not done properly and the decision is made in relation to scanty information, while if calculated properly it can result in a huge profit. There are several factors which may affect the Forex prices such as political and economic stability, monetary policy, currency intervention, natural disasters etc. Forex trading is not a typical office or desk jobs. It can be done from anywhere at any time suitable for the trader. Even the most professional traders in the financial industry often have some losses in the market. But the professional traders in the options trading community always make sure that their losers are always smaller than their winners in the trading. And they always execute their orders in the market with perfect risk management factors.
Trading as a career: As the forex market is highly flexible, the trading can be done as a permanent job as well as a part-time job. Though making a profit is the main purpose of forex, there still can be a risk of losses. Even when you are making profit someone is losing. But just because one loss no one needs to quit the market. First loss can be the step for a huge profit if the mistakes are taken care off. There many professional traders in the options trading industry who are making consistent just by trading the live assets in the market. But in order to become profitable in trading, you must have a clear concept of the forex market. So if you truly want to secure your financial life than you can learn the art of forex trading.
Summary: Forex is an updated trading system which includes a business plan and worldwide networking. Even though there are risks of loss, a correct business plan and market calculation can be the reason for huge profit and success. Options trading has given a wide range of trading choices to the professional trader's community where the traders can trade different financial assets and make a decent profit while observing less technical parameters in the market.
submitted by dwaynebuzzell to tradingfx [link] [comments]

Get This Report about Forex Trading - Trade FX Online ... Saxo Bank and TradingFloor.com - YouTube SAXO Bank Review 2020 - Pros and Cons Uncovered - by ... Saxo Bank Review By FX Empire - YouTube Saxo Bank Review 2019 - By DailyForex.com Indicators on Forex Trading - Trade FX Online - Saxo Group ...

Saxo Bank Review conducted by Forex trading team for those traders want to open account with Saxo bank company, In this Saxo Bank Forex review you will know about Saxo Capital Markets like what is SaxoTraderGo and how to open Saxo trading account with Saxo MT4 platform, You will also know about how to do Saxo Bank login or what is Saxo Bank Copenhagen address and phone number. We selected Saxo Bank as Best forex broker, Best web trading platform and Best broker for research for 2020, based on an in-depth analysis of 57 online brokers that included testing their live accounts. Check out the complete list of winners. Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare IG vs Saxo Bank. Does IG or Saxo Bank offer lower pricing? Comparing the trading costs of forex and CFDs is not easy. Not every broker ... Where can I see exchange trading hours for a particular instrument? Updated; October 29, 2020 09:00; You can find stock, stock CFD, option and future trading times in the Trading Conditions > Instrument section via the trading platform. To open Trading Conditions - right mouse click on position line in the watch list, chart or your open positions or click an (i) icon in a trade ticket or a ... Saxo Bank Trading Hours. The platform is open for trading 24 hours a day albeit 6 days a week. Various currency pairs have specific trading hours. For instance, the RON, ILS, SAR & AED and RUB currencies trading hours are 08:15 – 17:00 CET, 07:00 – 17:00 CET, 07:00 – 15:00 CET and 07:00 GMT – 19:00 GMT respectively. Is FOREX.com better than Saxo Bank? After testing 30 of the best forex brokers over five months, Saxo Bank is better than FOREX.com. For traders that can afford the USD 10,000 minimum deposit (GBP 500 for the UK), Saxo Bank offers competitive pricing, excellent trading platforms, brilliant research, reliable customer service, and over 40,000 instruments to trade. Saxo Bank’s trading fees are fairly high compared to its peers’. Though Equity, Forex, and CFD trading fees are mid-range. The broker offers Forex traders a volume based pricing plan with the standard commission of 0.005% applied for the first US$50 million worth of trading each month. The more traders trade, the less commissions they pay. Saxo Bank’s spreads are as low as 0.2 pips ... Saxo Bank Forex Broker - View detailed trading information for Saxo Bank and read reviews of Saxo Bank by other trader's. Forex Brokers Broker Comparison Forex Spreads Forex Swaps Forex Volumes Forex Bonuses Stock Market Hours Stock Market Holidays Forex Tools Articles Binary Brokers Saxo is open for trading 24 hours a day, 6 days a week, opening on a Monday morning in Australia (05.04 Local Sydney Time) and closing on a Friday evening (16.59 Eastern Standard Time). However, some currencies have special trading hours as shown in the table below: Saxo Bank Live Chat explained by professional forex trading experts, All you need to know about SaxoBank Live Chat, For more information about Saxo Bank Denmark Forex broker you can also visit Saxo Bank review by ForexSQ.com currency trading website, The Top Forex Brokers ratings fx brokers website and the Fxstay.com online investing company and get all information you need to know about ...

[index] [156] [25445] [16392] [4284] [24434] [8526] [23905] [26561] [13538] [16315]

Get This Report about Forex Trading - Trade FX Online ...

https://rebrand.ly/BFXFAST Join Now Indicators on Forex Trading - Trade FX Online - Saxo Group - Saxo Bank You Need To Know , Get FOREX BUSINESS SIGNUPS What... Saxo Capital Markets brings you a wide array of social trading choices. ZuluTrade is easy to sign up for and has no minimum account size. For more experienced traders, Currensee provides higher ... https://rebrand.ly/BFXFAST1 Get More Info Now Get This Report about Forex Trading - Trade FX Online - Saxo Group - Saxo Bank , Get FOREX BUSINESS SIGNUPS Wha... Originally founded in 1992 and formerly known as Midas Fondsmæglerselskab, Saxo Bank is a Danish based investment bank that offers online trading services fo... CLICK HERE FOR MORE INFO: https://rebrand.ly/forex33 And start earning in the Forex Market Now! In our growing multinational business setting, there are comp... Financial news, simply delivered. We report on the economic news you need to know about in order to successfully invest and understand the current financial ... SAXO Bank Review 2020- Is Saxo Capital Markets safe? Are their fees good? If you're considering opening an acount, this Saxo Capital Markets review is a *mus...

https://binary-optiontrade.sandmeverscredam.tk