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Frequently asked questions about our forex signals service
All you need to get started is a computer with internet access and a trading account with a FOREX broker. On the FOREX market one currency is exchanged for another. The single most important thing with respect to FOREX market is the exchange rate between two currencies (a currency pair).
Basic knowledge of trading, take-profit, stop-loss, lot sizes, and break even.
First of all you need to know the basics of trading Forex. If you’re a complete beginner in Forex enroll to our Mini Course to learn about the basics of forex trading.
You will need a good broker next. After you’ve created a live account with your broker, you will have to deposit initial balance to your account. Then you’re all set to start trading the forex market.
We recommend a balance as less $200 USD and a micro account. Starting with $500 will produce more daily income than starting with $100, but most day traders will still only be able to make $5 to $50 per day off this amount (with regularity). If you start with $5000 you have even more flexibility and can even day trade forex with mini and standard lots (as well as micro lots).
95% traders loose money. What would happen if someone knew what 95% traders are doing? S/he could simply take the opposite trades and win 95% of the times. This is exactly what the market maker brokers do, as a result, they want you to loose your money so that they can win. This is why a good broker is a very crucial part of your forex journey. We recommend you to use reputed true ECN brokers only.
Our forex signals accuracy is 70-80% and we have a risk/reward ratio of 1:3/1:2, all our forex signals using 20-60 pips stop-loss and 100-150 take-profit
We send our forex signals between 7-11AM (GMT+3 / GMT-5), or when markets confirm us an entry. All our forex signals delivered via Telegram App (Available on phones, tablets, and desktops)
No, our expert traders send all the signals manually via Telegram App in real-time, an analysis backs each signal.
This is a very relative concept and depends primarily on the risk you are taking in a deal. There are conservative traders who risk less than 1% of their capital in each order, but there are those who risk half their capital. This is the reason why it is difficult to determine what the maximum drawdown is.
We work with a reliable partner called ‘PayPal’. All the transactions are processed 100% in a secure environment and you can use the credit card without any double thoughts. NETELLER, SKRILL, BITCOIN can be used as well.
AVAILABLE METHODS: PayPal, Credit or Debit Card, NETELLER, SKRILL.