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Forhad Reza

How Many Pair In Your Broker

26 posts in this topic

Because of slow motions from my first day of trading I have been using EURUSD trading pair which is mainly considered as a bass currency in this market place. And, I am very lucky to select MXTrade as my regulated trading broker which always make sure 50 up currency pair with metal, gold, indices and CFDs including lowest trading spreads. so, my trading performance is growing very rapidly.

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On 7/22/2016 at 3:36 PM, ViproMarket said:

You can trade 62 currency pairs, stock indices, crude oil, gold and silver on  Classic account ViproMarket, so lots choice in market , so we have take an advantage in trading forex business

But some traders are preferring to trade on major pairs only because they can analyse them well..


www.instaforex.com

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though hotforex offers i think 47 forex pairs, i dont think anyone would actually tarde all these, like i trade forex for a couple of years now mainly on majors and silver gold or oil. thats about it. 

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I have started trading with LMFX beside my other brokers and found out that they also have sufficient trading pairs to trade with low spreads however i only trade EURUSD or sometime GBPUSD during London sessions.

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I have about 60 trading instruments in my Hotforex platform but trade only 6 of them. My favorite one is gold because its easily predicted now with basic fundamental analysis. 

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Every broker has almost each pair of currency but we as trader always trade with one pair only, so that we can focus on one area and can be more expert in that pair only. So we can have perfect trade for that pair.

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On 13/09/2016 at 6:59 PM, pradegxs said:

My favorite one is gold because its easily predicted now with basic fundamental analysis. 

Gold is good option to trade as most of the times it is in bearish mode and we can make some good bucks even by selling it short and sometimes it rises immediately and then goes down gradually.

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There are so many pairs in any broker but we can not trade every pair at same time. I like to trader single pair, so that i can have more accurate analysis and profit with it.

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On 25/10/2016 at 2:52 PM, Pixie Pips said:

There are so many pairs in any broker but we can not trade every pair at same time.

Whatever pair you trade i better suggest to stay safe as i think the market is getting more volatile due to US elections.

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Yeah, it is going to be more volatile due to US but want to see how the market will move on that day. Hope there will be more positive impact of the election so that we can earn more profit with it. 

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I guess the market might move to unexpected trends too during news release and other events like elections etc. So do not take extra risks, trade safely keeping the margin availability and other broker requirements too.

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There are going to be big news soon, so trading or not it depends on traders choice. I will also not suggest to trade in this time duration because news going to make market more risky then it normally does.

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On 11/8/2016 at 1:52 AM, tradesprint said:

I guess the market might move to unexpected trends too during news release and other events like elections etc. So do not take extra risks, trade safely keeping the margin availability and other broker requirements too.

is a trader in order to analyze the market demand is good and right. to have the ability like this really should do the exercises diligently. and usually when it is able to analyze the market well, then that will be tested is tradernya patience, especially when going to the OP.

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On 11/8/2016 at 0:22 AM, tradesprint said:

I guess the market might move to unexpected trends too during news release and other events like elections etc. So do not take extra risks, trade safely keeping the margin availability and other broker requirements too.

Risk taking depends on your knowledge and experience. I have seen many traders are only working on volatile market because there is always big movement and they can earn big credit from it. 

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i trade with hotforex and if im not mistaken there is about 47 forex pairs, and i usually only trade 3-4 pairs and thats it. 

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I have noticed Lmfx broker also have sufficient trading pairs with lowest spreads on majors and average on other exotic ones.

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On 9/12/2016 at 5:58 PM, sendong said:

i trade with hotforex and if im not mistaken there is about 47 forex pairs, and i usually only trade 3-4 pairs and thats it. 

47 seems quite enough but did you really check all the pairs? In the watchlist you can R mouse and show all to check all pairs, also stocks. 

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On 24/08/2016 at 10:41 AM, gaban said:

But some traders are preferring to trade on major pairs only because they can analyse them well..

I guess this is because major pairs have less liquidity risks and they also have lowest spreads than the other non popular pairs.

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