Miscellaneous

Can my broker see my trades?

Can my broker see my trades?

Can a broker see my trade, how I made the money, and see my strategy? – Quora. You know they can see your trade, you sent it to them. In all likelihood they don’t care if you made money or not. Your trades are small, which means that you’re only making a small amount of money.

Are these forex traders on Instagram legit?

Originally Answered: Are Forex traders on Instagram scams? Most forex traders on Instagram are SCAMS. Forex trading is hard, as over 95\% of forex traders lose money.

How do you prove you are a day trader?

According to FINRA rules, you are considered a pattern day trader if you execute four or more “day trades” within five business days—provided that the number of day trades represents more than six percent of your total trades in the margin account for that same five business day period.

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Can you trust forex traders?

Is Forex a scam? The Forex market is a legitimate trading market where the world’s currencies are traded. It is not a scam in itself. Without the Forex market it would be difficult to trade the currencies needed to buy imports, sell exports, to go on holidays or do cross border business.

Can a broker copy your trades?

Yes, copy trading is legal in most countries, provided that the broker itself is properly regulated. When investing in the financial markets using a regulated-broker and legalizes your account and the traders carried within them.

Who is the best forex trader on Instagram?

Can you make a living out of Forex trading?

  • A Quick Overview of the 10 Best Forex Traders and Accounts to Follow on Instagram.
  • Samuel Leach.
  • Austin Netzley.
  • Sam Seiden.
  • Walter Peters.
  • Jabulani Ngcobo.
  • @invictusfx.
  • @astroForex.

Do you need a trader to make money?

It is all very straightforward. First of all you don’t need to go out and find a trader for yourself, nor do you need to negotiate deals with them. No, it is all done for you. You end up paying them to buy and sell currency for you but it is taken out of the profits that they make for you.

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Why do most traders fail to make money?

A big reason so many traders fail to make money is due to over-complicating the trading process. Really, people will over-complicate any aspect of trading, from the actual strategy they use, to how often they check the charts, to money management, trading is a very easy thing to over-complicate.

How much do traders take from the profits?

• The trader takes a performance fee from the profits. Usually 25\% to 50\%. Although I have found one that only charges 15\%. • You withdraw funds whenever you want to. Quite simple really: As I said, you will find much more info on this site, FAQ, Due Diligence etc.