Threads
The Power of Position Sizing (The Most Ignored Forex Skill)
Replied 13 minutes ago -
A margin call doesn't happen because trading is dangerous it happens because position sizing and risk management were ignored.
The market will always present new opportunities. Protecting your capital is what keeps you in the game long enough to take them.
Trade smart. Trade small. Stay consistent. 🎯
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EUR/USD Beginner Level trading
Replied 21 minutes ago -
I think EURUSD has changed trend to BEARISH
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🇯🇵 Japan 225 CFD — Setup Explained (Beginner Friendly)
Replied 23 minutes ago -
It's just a strategy I've built to understand ... You'll understand better gradually.
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Daily FX Options Expiring by 10 AM New York Cut
Replied 1 hour ago -
FX option expiries
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GBP/JPY Weekly Outlook (Beginner-Friendly Analysis)
Replied 18 hours ago -
This buy is playing out exactly as planned.
Price swept liquidity below the consolidation, gave us a clean Market Structure Shift, and has been pushing up ever since. Currently sitting at 215.19 and heading toward our TP. 🚀
Stop Loss is protected. We hold until TP. 🔒
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My first trade experience
Replied 23 hours ago -
Your current time frame is on 1-hour, so change it to 5-minutes
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| ⚖️Is Forex Trading in UK Legal? | Yes |
| ⚖️Forex Trading Regulator | Financial Conduct Authority (FCA) UK |
| 📅 Date Established | 2013 |
| Investor Protection | Financial Services Compensation Scheme (FSCS) up to 85,000 GBP |
| ✅No. of FCA Licensed Forex Brokers in UK | 15+ |
| 💰Average OTC FX Turnover for UK 2022 (BIS Survery) | 3.755 Trillion USD |
What is Forex Trading & How Does it Work in the UK?
Forex Trading is when you try to make profit from predicting if the exchange rate of a currency will rise against another currency.
To trade forex you pair two currencies together (example GBP/USD) & if you think the exchange rate of the pair will rise, you place a buy order for a specific quantity, to profit if you are right.
On the flip side if you think the exchange rate will fall, you place a sell order to benefit from the fall.
To be able to trade forex in the UK, you need to use the services of a forex broker whose function is to provide you the trading software, liquidity & enabling environment needed to trade.Forex trading in the UK is totally legit & is regulated by the Financial Conduct Authority (FCA) UK.
If you trade with an FCA licensed broker you are eligible for compensation up to 85,000 GBP if you suffer pecuniary losses due to broker bankruptcy etc.