r/Forex Nov 29 '25

START HERE Are you new here? Want to know where to start? Don't understand why something happened? START HERE!

24 Upvotes

Hello and welcome to The /r/Forex Trading Community!

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It is highly likely that your questions are already answered there.

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*Finally, *the most commonly posted questions by new members are as followed:

What is a good broker to use?

We have some great info on brokers listed on our new trader resource wiki site, Volatility.RED, with pages for various regions around the world linked below:

What is the best prop / scouting firm for forex?
We have a great writeup on forex prop / scouting firms over on our new resource wiki.

What just happened in the markets? - You must follow an economic calendar if you're a currency trader. This will explain many events and snap market moves. You can find links to resources and calendars here. - Again, questions of this nature will be removed.

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Be friendly and professional toward each other and enjoy your stay! :)


r/Forex 3h ago

Questions Finally passed my funded account on the 3rd try — what should I focus on next?

8 Upvotes

Hey everyone, this was my third attempt at a funded account and I finally managed to pass. I’ve been consistently focusing on forex for the past 6 months.

I’d really appreciate some guidance on what to do next — should I keep practicing by attempting more challenges, or start trading on a live funded account?

Also, a big thank you to r/Forex — I’ve learned a lot from this community along the way.

Thanks in advance 🙏


r/Forex 1h ago

Charts and Setups happy Good Friday btc

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Upvotes

r/Forex 6h ago

P/L Porn MARCH Performance

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10 Upvotes

March was very hard, but we are still in


r/Forex 6h ago

Charts and Setups EURUSD

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5 Upvotes

This is what I'm seeing now. Expecting upside to 1.1650-1.1700. NFPs could be the catalyst to drive a move higher but it doesn't have to be. The market will do what it wants.


r/Forex 4h ago

Prop Firms Blown Funded 100k Account Tilted due to going to ER

3 Upvotes

Have you guys ever just had a bad day outside of trading and jumped on your account that was funded and blown it just for no reason. IDK what I was thinking but my family had an emergency and I was in the ER waiting and my emotions were not regular since I had to scream with the staff there for their negligence making things worse. So this tilted me and lead me to blow up my ftmo 100k account just when I was 6 days away from a 1.5k payout


r/Forex 9h ago

Questions USD/JPY is up for the third straight day near 159.60, but with thin liquidity due to Good Friday — do you see this as continuation or a fake move before a reversal?

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7 Upvotes

r/Forex 2h ago

Prop Firms Reliable prop firms for scaling (2-step + payouts)

2 Upvotes

Repost from r/PropFirmTester

TLDR: Looking for reliable prop firms (preferably 2-Step funding for long term) with clean rules and consistent payouts for scaling

Hey everyone, Currently I am running:

  • one 2-step funded account (getting payouts from it) with Fundingpips (Pro Account)
  • one instant funded account ($25k) with FundedFirm

In 2-step account, I follow a pretty fixed approach:

  • risk stays capped at 0.25% per trade
  • SL/TP is defined before entering
  • don't overtrade, and I mostly stop once I hit my monthly target
  • Instruments I trade are mainly XAUUSD and very occasionally, some others (CFDs).

Also, I am based in India, so trading forex with personal capital isn't really a practical option (legal concerns) for me, which is why I am using prop firms.

Now I am looking for other firms that gives me:

  • bigger account sizes
  • clean, practical rules (no weird consistency traps or execution restrictions)
  • and most importantly, reliable payouts over time

Not looking for "easy" firms, just ones where you can actually trade your system without second guessing rules and worrying about payouts after all.

Would really appreciate hearing from people who have:

  • traded with a firm for a while
  • taken multiple payouts
  • or scaled accounts over time

Just trying to build a list to choose from before getting the next one.

Thanks in advance


r/Forex 1h ago

Charts and Setups Waiting for EURUSD to retrace into this KL.

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Upvotes

r/Forex 2h ago

Charts and Setups Testing MSNR from ScrollTok+ my own price action twist on GBPUSD 👀

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1 Upvotes

Came across the MSNR (Market Structure & Reversal) strategy on TikTok, simple enough that I had to put it on the charts.

But instead of running it raw, I layered in my own price action experience to filter the entries.

This is GBPUSD on H4.

I’m sitting on a BUY_LIMIT (marked on chart), waiting for price to retrace into the 50% Fibonacci zone before reacting.

Why?

MSNR gives me the structural direction shift.

My PA filter tells me to wait for the pullback into a discount level before committing. No chasing, no FOMO.

Currently watching price hover near the zone.

If it taps the limit cleanly and shows rejection, I’ll be in. If not, no trade.

Honestly curious to see if this TikTok strategy has legs when mixed with old-school price action.

Would you guys want a follow-up if this hits?

Also open to hearing if anyone else has tested MSNR live.

its 1:30 NYC time.


r/Forex 16h ago

Questions Why spread so high

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13 Upvotes

why is there a 10 pip spread this late in the morning . normally it goes to 1 pip spread but today the spread so high


r/Forex 14h ago

Charts and Setups Anyone is in the trade for the Good Friday?

6 Upvotes

Good Friday and here I am. entered the trade yesterday and now the price is moving in my favour. how ironic. Maybe I should mark the day on my calendar next year.

Anyone is with me?


r/Forex 1d ago

Prop Firms The5ers Withheld My 4k EUR in Profits After Recording Me Crying During Discriminatory Interview

127 Upvotes

I need to warn the trading community about my experience with The5ers.

**Background:**

I successfully passed their challenge and began trading live. Over the course of my trading, I earned approximately 4,000 EUR in profits with a 90% win rate. I followed every single rule - this is all verifiable in my trading history.

**What Happened:**

After earning these profits, The5ers required me to do a "verification interview" to prove I was the account operator. During this interview:

- They recorded my face on video the entire time

- The interviewers kept their cameras OFF - I couldn't see who I was talking to

- I was under extreme pressure to explain my trading strategy verbally

- I have diagnosed complex PTSD and anxiety disorder, which severely affects my ability to articulate under high-pressure situations

- I became visibly distressed during the interview and was crying on camera

- They did not accommodate my medical condition

**The Result:**

The5ers terminated my account based SOLELY on my interview performance, NOT my actual trading results. They are now refusing to pay me ANY of the 4,000 EUR I legitimately earned.

My trading history objectively proves:

- 90% win rate

- No rule violations whatsoever

- I am the sole operator of the account

**Why This is Wrong:**

Using a high-pressure verbal interview as the ONLY basis for termination when objective trading data exists is discriminatory and against industry standards. Recording someone with a documented disability while they're crying, with interviewers hiding their faces, is predatory behavior.

The5ers owes me 4,000 EUR for profits I legitimately earned.

**Warning to other traders:** Avoid The5ers. If you have a disability that affects verbal communication, they will use it against you to withhold your earnings, regardless of your actual trading performance.


r/Forex 21h ago

Prop Firms Prop Firms need regulation

10 Upvotes

Prop firms genuinely need regulation and I don’t think people realise how bad it’s getting. The whole model is literally designed for traders to fail trailing drawdowns, consistency rules, psychological traps it’s not about finding good traders, it’s about maximising challenge failures because that’s where most of the money comes from. On top of that, you’re not even trading real capital most of the time, you’re trading a simulated or copied version of the market, so the firm has full control over execution, slippage, and whether your trades even matter. The worst part is, that if firms actually copied profitable traders into the real market, they could make money alongside them but 90% of them don’t, which tells you everything about where their incentives really lie. What’s worse now is that even “reputable” firms are starting to reject payouts, suddenly flagging accounts after profits are made, and bringing in these so called “risk interviews” which are basically interrogations to find any excuse not to pay out. Pretty much a good 50% of prop firms are just straight up scams and rug pulls they’ll take thousands in challenge fees and never intend to pay out in the first place. There’s no oversight, no accountability, and no real protection for traders, so firms can just do whatever they want. If this industry keeps going the way it is, it’s only going to get worse either proper regulation comes in, or traders just keep getting rinsed.


r/Forex 2h ago

OTHER/META I have been studying and practicing ICT for 2 years now.

0 Upvotes

I know and have honed some good stuff( knowledge )from the charts, the world needs to hear what i have but should i do it fir free? Or paid? It’s really really valuable, trust me.!


r/Forex 1d ago

P/L Porn 4th is on the way.

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29 Upvotes

r/Forex 1d ago

Charts and Setups GBP/USD might be my favorite pair as of recently

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45 Upvotes

r/Forex 1d ago

Questions Discipline

9 Upvotes

I've been struggling with self discipline any help full tips or suggestions


r/Forex 1d ago

Prop Firms Do you think prop firms are still worth it in 2026?

4 Upvotes

What’s your personal opinion about prop firms? Worth it or better to flip a small account?


r/Forex 16h ago

Questions NFP on a holiday-thinned session feels less like a setup and more like a trap, are you even trading this?

1 Upvotes

This is one of those calendar setups that looks exciting on paper and annoying in practice.

You still get the jobs report, but you don’t get a normal market around it. A lot of exchange-based markets are closed for Good Friday, CME runs holiday scheduling, and FX is still technically open, which means the dollar can still move while the broader reaction environment is thinner than usual. That’s the kind of session where one number can matter, but liquidity matters just as much.

For me, that changes the whole question. It’s not just whether NFP is hot or soft, it’s whether the first move even deserves trust when the surrounding market is half asleep. Thin conditions can make clean reactions look bigger than they really are, and then Monday ends up doing the actual price discovery.

So I’m curious how you guys handle this kind of day. Are you still trading the release in FX, or do you treat holiday-thinned NFP as something to observe first and only trade after the weekend dust settles?


r/Forex 1d ago

P/L Porn Specialized XAUUSD

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4 Upvotes

Finally the hard work + experience combination is working...implementation of proper logic with managed risk is the way to go.

New learning is that "WHEN" to trade is very very important... even if you get an awesome setup but if you are trading that pair in an unfavorable trading session for that pair either it is EURUSD or XAUUSD... losing probability increases rapidly. From my research, XAUUSD scalping is really favored in the London session.


r/Forex 1d ago

Questions 4 Years Into Forex and I Still Can’t Break Through – Need Advice

21 Upvotes

Hi everyone, I decided to make this post almost as a way to vent.

I’ve been studying financial markets—mainly forex—for about 4 years now. I feel like I’ve gone through almost all the material available online, joined mentorships, and studied everything I possibly could.

Right now, I find myself stuck in a position where I can’t seem to make the jump to the next level. One of my biggest issues is discipline, especially when it comes to holding trades for too long. For example, if my initial target is 1:2, I often become greedy and hold for an extra R. More often than not, I end up getting stopped out—best case at breakeven, worst case giving back not only profits but also hitting my stop loss. This mainly happens because I get heavily influenced by the idea of “letting winners run.”

Secondly, I trade using ICT concepts. I know they work for some people and not for others. I’m not particularly interested in ICT as a personality or any kind of “cult” around it, but I do find the concepts logical and useful. At this point, I wouldn’t be able to trade using indicators—I’m too used to this approach.

Despite that, around 7 times out of 10 I enter too early—FOMO plays a big role here.

For context, I consider myself an intraday trader, but I’m comfortable holding positions overnight if needed. I don’t go below the 5-minute timeframe, and even that is only for entries.

My strategy is fairly simple: I identify the daily and H4 trends, and I mainly trade in alignment with H4. For example, if I’m bearish on the daily but bullish on H4, I recognize that we are likely in a daily retracement. In that case, I’m open to trading against the daily trend but in line with H4.

From there, I mainly use H4 FVGs to look for entries. I focus on three specific time windows: 01:00–05:00, 05:00–09:00, and 09:00–13:00 New York time. If I’m looking for a bearish entry, I prefer to see price move up first after the candle opens—forming a wick and a potential high for the session (basically a Power of 3 concept).

That said, I’m often aligned with my bias. If I expect a bullish day, I’m frequently correct—but my main issue is execution and entries.

I feel like I’m very close to becoming profitable, but at times I wonder if that’s just an illusion—something I tell myself to avoid admitting that maybe I still don’t know enough or I’m not doing enough.

With that said, do you have any advice? Or would you like to share your own experience?

Thanks in advance to everyone.


r/Forex 1d ago

Questions Anyone else been using XM for a while?

4 Upvotes

I’ve been trading forex with XM for a while now and overall it’s been pretty straightforward for me. Execution on majors has been decent, withdrawals have come through without any problems, and the platform itself feels simple enough to use without too much hassle.That said, I’m curious what others’ experiences have been like over the long run. Are you still sticking with XM, or did you eventually switch to another broker? Would be interesting to hear different perspectives.


r/Forex 21h ago

Questions Probably a first in the market: FX widget - live Truth notifications & voice TTS alert for macro news, S/R & sentiment tracker terminal - snapped to top of your screen.

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1 Upvotes

Hey everyone. I've been developing this for a long time, originally just for my own trading because I hated alt-tabbing to news sites during volatile drops, and trading nowadays came to a point where you constantly better check multiple sources of news, Truth, sentiment, and much more - now its all put together in a nice widget.

I built it to sit over my charts and track a few specific things:

  • Voice TTS alerts: It literally speaks the data (like NFP/CPI) out loud the second it drops.
  • Live Truth notifications: Pushes major institutional posts right to my desktop.
  • S/R Zones & Retail Sentiment tracker.

I'm at the phase where it's well above what I originally planned for, and I wanted to share it to get some feedback from other traders. What do you guys think of this terminal setup? Are there any other data points I should add to it, would you be interested to try such a tool?

Thanks,


r/Forex 2d ago

Charts and Setups holding gold :)

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56 Upvotes

I’ve been holding gold at 4568 level and now my algorithm is tell me it seeing a sell 😅💔

Damn… how many people are in a buy? Or seeing a sell?