I have done research on my forex strategy. I’ve been trading manually for almost two years, and just recently launched an expert advisor on MT4 platform. I wanted to expand it into a multi-currency trading and made impressive results on demo, but ended on terrible performance on real account. I hopped to overcome these mismatching results by working with support managers and technical assistance. But useless. I discovered some useful sites that I haven't come across as I’ve already spent countless days searching for errors and issues. My advice is literally move away from this broker if you care about your time and money. You can get the most out of your trading strategy, but all my experience telling me that I need to find another broker. There is no support and huge gap between trading in demo and real mode.
Hey, Marksive. Thanks for your comment. What about technical aspect of bforex? What margin requirements they have and can I apply my intraday trading strategies? I heard that firm has some restrictions on its PROfit trading platform. And they don't offer options for algo trading. It's a big weakness of the company if there is no options for trading by robots. What I like is that customer can get support 24/7. Will be very appreciate for your reply.
Nice broker. Use fundamental analysis that's a deep market review. It helps when I trade on economic news from US and Europe. Gives some insights on trends and directions of particular currencies. I also want to mention about forex academy. There are videos and webinars that helped me to increase trading literacy and become more confident trader. I think bforex provides a good foundation for starting your career as a forex trader. I personally trade on their own developed trading platform. So it's suitable for my needs and very flexible for applying different trading strategies.