Having in mind the trading conditions at FBS, which foster tight spreads, low trading costs and generous leverage, all trading strategies can be traded with such terms. I am an intraday trader.
I withdraw monthly. I've tried weekly too, but that adds to the cost. with monthly withdrawals, I reduce transfer costs and at the same time have more trading capital.
It's hard, because I like many things about this broker.
Let me name the first thing I liked. Account deposit. It was simple, profitable and convenient.
Oh, I guess not. You know why? As these guys likely deleted cryptos from the list of assets recently :) Back in the day, there were good conditions I should affirm. It's a pity, actually...
You should use it according to your knowledge and skills. For example it is not recommended to use high leverage for newbies. It can be quite detrimental.
Of course, for what its worth, first and foremost thing you do is that you learn how to look at the markets, you educate yourself in terms of what kind of data you need to look at, that's very useful!
Do you think it is possible to compensate for the profit size by increasing the size of orders on a Cent account? Or is it easier to switch to a Standard account?
I don't think I'm ready to recommend any specific sites. Although this one is quite reliable.
I recommend reading any review about this broker and then comparing it to the information on the official website of the company.
If you are interested, I can write my own review:
This broker is worthwhile to start trading with.
I can not say which one is better becuase that is not like one is better than onether. I am using ECN but you can use PRO. Just it fits my needs better. So you have to count on you and decide based on your strategy! Happy trading!
I'm not a scalper, but I do know for sure in the educational section this company provides, there is an article about scalping. Hence, I can make a conclusions that it's allowed to scalp on the platform. I think the company even fosters scalpers, as conditions on ECN account are suitable enough.
Plus, I see nothing bad in opening and closing multitude of positions daily within a short period.
Yeah, definitely. With the quick execution and tight spreads that the broker offer, it would be a shame not to even try to take advantage and make a quick buck, even if you are a swing trader.
