Trading Set Up
Broker
The Broker is the company you use to run your trading account through. The broker we have used for the last few years is IC Markets, These are good for tight Spreads and provide demo accounts to practice your strategies on and easy deposit and withdrawal for live accounts.
we use Leverage 1:500
Trading Platform
Up until recently we have been using the Trading Platform Metatrader 4 (MT4) we have switched to Metatrader 5 (MT5) as this is the platfrom the EA is designed to run on. These trading platforms are a free download directly from the Metatrder website or your chosen broker website.
UK Trading Academy
In April 2020 we took both the Forex Basics and then their Flagship Forex Trader courses which provided comprehensive knowledge of the nuts and bolts of trading the finacial markets. Money management, Risk to Reward, Trading Psyschology, Trading Strategies etc. If you are looking to get no nonsense knowledge about Forex and come away with profitable strategies and on-going support then this is the way to go.