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Forex Broker Advice

Hi Everyone,
I am looking for some guidance on picking a new forex broker with access to Newsquawk. Back in the day, I used to trade on Alpari and they provided a free live radio feed of economic news.
I trade the news so its important I have a live feed without a delay.
I am looking at one of the big brokers just for security reasons, back when Alpari folded, I was able to get my money from the UK government thanks to the protections they had. Does anyone know if IG, TD Ameritrade, Oanda or a similar broker provides a live radio feed of economic calendar news?
Getting a Newsquawk feed costs hundreds of dollars a month so I am trying to avoid that.
Thanks in advance.
submitted by tigre12345 to Forex [link] [comments]

Forex Broker Advice

Hi Everyone,
I am looking for some guidance on picking a new forex broker with access to Newsquawk. Back in the day, I used to trade on Alpari and they provided a free live radio feed of economic news.
I trade the news so its important I have a live feed without a delay.
I am looking at one of the big brokers just for security reasons, back when Alpari folded, I was able to get my money from the UK government thanks to the protections they had. Does anyone know if IG, TD Ameritrade, Oanda or a similar broker provides a live radio feed of economic calendar news?
Getting a Newsquawk feed costs hundreds of dollars a month so I am trying to avoid that.
Thanks in advance.
submitted by tigre12345 to Daytrading [link] [comments]

Unbiased Forex Brokers Review 2019

For a trader the broker is the key partner in his activity, choosing the right broker can make a huge difference on the trading results. Differentiate the best brokers with professional criteria needs extensive market experience, with all the brokers that claims to be number 1, a beginner could easily fall in the trap of the aggressively marketed brokers.

Most important selection criteria :


submitted by bestdaytrading to u/bestdaytrading [link] [comments]

My Risk/Money Management Strategy - Comment Please?

first of all, excuse me for my english. it's not my native language.
let's get started directly to the question...ok, so i'm unaware how many of other traders agree to this strategy but afaik none actually use this kind of risk management. so i know a lot of other traders seem to like to ask repetitive questions related to drawdown. they often feel not so comfortable with having more than 25-30% of DD, sometimes even nothing more than 10%-15% of DD.
I personally think that instead of thinking about DD of your whole money with your broker, why don't you just put some of your money in your bank account? Technically that'll limit your risk even more. Let me explain it with example.
let's say your strategy had 20% DD in the past 5 years. Instead of putting all $10K in one broker and expect hypothetical $2000 DD, why dont you just put $5K in the same broker, and still use the same lot size? Technically your DD would also not exceed $2000, and you would feel much safer too, because with this strategy, you only put $5K with your broker (the rest of $5K sit in your bank account).
In case your broker goes bankrupt (like what happens to Alpari UK with CHF event last year), you won't have as much headache compared to if you put all $10K in that broker.
Also, in case one day your losses actually exceed your expected DD (in above case, let's say you lose $4K), you probably would have stopped trading at that time, even if you put $10K in the first place. why? because psychologically you'd think "something is going wrong" when your losses exceed as twice as much as your expected DD. so why risk all $10K when you can expect the same result with just investing $5K? you see my point here?
basically, if I want to invest $10K in forex market, i would just make a $5K deposit and let the other $5K sit in my bank account. If I want to invest $100K, i would make $50K deposit and save the remaining $50K in my bank account. i don't see what's the difference. In fact, you are safer with this strategy because you do not put all your money in your broker(s).
On top of that, even if you want to continue trading when your losses exceed your expected DD, you can always make another deposit, and your balance goes up again.
So why most people don't adopt this kind of strategy?
submitted by fabzo100 to Forex [link] [comments]

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