My introduction - Hi everyone!

Community Introduce Yourself
1

Hi All,

I have just joined babypips today.

I have decided to start trading while I am off work during this coronavirus lockdown.

5 years ago I enrolled on an online course discussing a trading strategy which was basically the turtle trading strategy. The idea is to look for 21 day or 52 day high or low prices in a market in the hope that there will be a price breakout which one can profit from. I dabbled in live trading a little bit at the time but made the mistake of setting up too big an account and was trading above my head so stopped once I hit a few losing trades and then life got in the way and I didn’t trade after that.

This time I have decided to trade CFDs but I am trading microlots (literally 0.01 lots) just to get familiar with trading and to avoid playing with the kind of money that will keep me up at night. Once I have built some comfort I will then increase my risk, and hopefully reward.

I am currently using IG as my broker but was disappointed to see the limited amount of instruments available, there are no soft commodities or equities.

Can anyone recommend a good FCA registered broker for someone UK based that will allow me to trade a wide variety of instruments?

Any other learning material besides the babypips course is very welcome as well!

I look forward to speaking to you all.

Hope you stay safe and well during this difficult time.

Thank you for reading!

Xanel

2

Hi and welcome on BP :slight_smile: check LMAX offer. Regards Greg

3

Thank you for the recommendation.

4

welcome to this forum community , hope you are doing well and enjoy everything. good luck and feel free to ask any question.

5

Hi, I use IG too.

You can look into city index and saxo bank. Best of luck.

6

Welcome to the community and good luck on your trading journey!

7

Thank you I hope to learn a lot

8

Are these also brokers? Do they allow one to trade equities and commodities via MT4 ?

Do you have any experience with them to know if they are good ?

Thank you

9

I had a look and Saxo and Citi index do not have equities, commodities or indicies available on MT4. These instruments are only available on their own platform.

I want to trade with MT4.

Is anyone aware of a UK regulated broker that will let me trade a wide range of instruments with MT4?

10

I had a look at LMAX and could not figure out what I can trade on their MT4. I will call them later today.