aimhi

Even if you are not trading still you need to spent time analysing the markets in my opinion.

There are many brokers in the market to give a try i guess its really becoming hard recommending any broker so a simple thorough research at one's own can be helpful in my opinion. So far i think we should only shortlist reputed brokers like hotforex, octa, xm, fxcm, exness, lmfx etc to finalize the right broker suitable to our needs.

Did you tested the MT5 as well or still sticking with the older version..?

I am sure you might be teaching forex skills to the students now.

Almost we can start with smaller capital due to huge competition in this market and the broker usually take whatever amount we usually deposit with them.

Agreed as 90% of the time we wait for the price to come at the reactionary level in order to initiate trading.

Skills take time to develop and we need to trade on a demo account in order to remove financial loses because demo can be traded without investing any money with the broker.

Every new trader lose money while some lose more chasing their lost money. Those who let go off these loses and learn from their mistakes eventually become successful traders in future.

I believe that stop losses are good option to cut loses earlier before they blow up entire account.

We can also check our broker's online webinars portfolio as it can also be helpful in interactive learning. The webinar can either be attended live or later can be accessed on youtube.

There are many brokers like hotforex, octa, xm, exness, lmfx etc to be shortlisted and demo traded before finalizing the right broker depending which suit your needs. It is really hard to trade with the one i recommend you because it might works well for me but did not suits you because of your trading needs.

I noticed many brokers including hotforex, exness, lmfx etc can have btc wallets available so traders can deposit and withdraw their payments in crypto.

Forex is more regulated and mature as compared to other markets like crypto or binary options in my opinion.

We can reduce our risks by proper money management.

There are many including hotforex brokers which offer virtual to real trading contests where you can compete trading a demo to win prizes.