WikiFX is a new company with valuable information for traders like broker ratings for us

Tell us about yourself How have you heard about forex？

- I am journalist by profession. Have no financial education. Currently working as a PR manager. I started learning about forex 9 years ago while searching for extra income.

How long have you been involved in Forex universe？

- I have been in forex for like 11 years with several breaks.

How you secure your account and check partners/brokers？

- Background info is main signals. Broker should be regulated by trusted organizations with working system. Also it is important to check brokers history with the regulatory bodies. If there were any punishments？ What kind of punishments they were？ Some brokers register in several countries and where news clients are registered. It is sometimes hard to find. In most cases I check these kind of info manually. Sometimes I check websites like forexpeacearmy.

What are the most important 3 values of strong forex strategy？

There are many strategies in the market. People try and claim that they are useless. Yet some people make money on these strategies. Traders should understand that there is no way to predict the market move for 100%!

1) You should find Win and loss rate of the strategy.

2) Check risk management. By risk management check

Takeprofit and stop loss ratio

contract size and daily contract number.

3)Daily loss limit

Risk management should allow trader to recover losses within win-loss ratio of the strategy.

What you know about WikiFX？

I newly learned about them.

, broker reviews and etc.

What is your recommendation to new starters？

Do not think about success in dollars. Think about percentages. If traders profit is 1% more than alternative ways of making money then he is successful trader already!