FXETH
Function X / Ethereum
crypto

All are LSE to avoid the FX fees and given the time horizon of 15+ years I think this is perfect avoiding the overlap with my ISA which is 100% in All world index fund VWRP. Open to thoughts, opinions and suggestions.

Im hoping for around 155 or .685 -.689 in the futures contract. And the dollar swap
reduces pressure on banks to sell yen and buy dollars aggressively in the private FX or funding markets to cover dollar needs/liabilities. In tandem with an intervention from MoF and massive short positioning as seen in the COT data, it sets up a pretty big potential move. Monitoring things closely and will manage positioning accordingly. 

10K to 100K is 10X
4-5% / month is achievable in the long run in a consistent manner with algos ( not easy long run, but it can be done )
Compounded every 3M cycle, you could exceed 100K over 5years
We are doing a free pilot, you get access to tech stack + frameworks + processes, verify for yourself
Our tech stack is for spot FX, but test, verify and we can build you a custom bridge for crypto.
Point is you learn probabilities, odds, position sizing based on account size, drawdown accrued ( live trading numbers ) + much more for free, what do you have to lose?

FX is way harder to become profitable than even options. I would know because I csme from FX.
My ranking from easiest to most difficult would be:
1. Stocks
2. Futures
3. Options
4. Spot Crypto
5. FX

Options are not the right place to start as a beginner. Start with futures or FX.

Excellent, because the trades are stupid obvious (beyond FX).
Trump is leaving the door wide open, you just have to trade while thinking "what would make Trump the most money, right now"; and usually this means whatever he says will be reversed. It's important to pay attention to the headlines, as there's a big difference between "Trump said ..." and actual facts. If it's "Trump said ..." that's free money as the market is going to react while the truth is the opposite.
Like the whole tariff thing was/is comical. The initial tariffs were supposed to take effect on the weekend and then everyone was all Pikachu shocked when it didn't happen. Like, what? You really expected this dude to work on the weekend? \[and before anyone goes \*hurr hurr, hindsight\*, you can look at my post history where I talked about this before it happened\].
The same back and forth is being done with the war. It's the same playbook he's always used but people out here acting like we haven't played this game before. Like seriously, why do you think Trump is the only president that is constantly going back and forth? It's because he's placing his trades, saying something to move the market, but then he wants more money, so inevitably he has to say the opposite. That's the part you can bet on and make money from because we know it's going to happen a bunch of times before he moves on to something else.

I've been trading for nearly 30 mainly institional years. (FX and Rates Swaps mainly)
I'm now a retired dude that still day trades.
100% of the trading content you see on social media is simply nonsense designed to keep suckers churning their accounts with BS Technical Analysis strategies.
If you want to trade successfully? You have to study economics, learn fundamentals and inhale the world news.
Please stop buying challenges and buy an economics textbook instead.

Poland led for the 2nd consecutive month at +18 tonnes, bringing its year-to-date total to +64 tonnes, with gold reserves now at a record 614 tonnes.

China added +10 tonnes, the biggest monthly addition since December 2024, increasing its official gold reserves to a record 2,331 tonnes, also accounting for 9% of total FX reserves, near an all-time high.

This also marks the 20th consecutive monthly purchase by the Chinese central bank.

At the same time, Uzbekistan and Kazakhstan acquired +9 tonnes and +7 tonnes, respectively.

Central bank demand for gold is back.

I've honestly got trades that are years old. My normal horizon is weeks to months but I can change my mind pretty quickly if the political world shifts again.
My day job was FX and Rate Swaps trading and in retirement I can't really daytrade any other way.

I think it is just how the two platforms calculate return and also FX fees. T212 aggregates FX fees and return from day one, whereas RH isolates them to the mark price just paid. Legally the spreads should be the same. 

If anyone can explain how to turn 10k into 100k, and then do it successfully, my boss would like to give you a very very well paid job.
I've been trading (FX, rate swaps and other money derivs) for Banks and Funds for nearly 30 years.
Last year I made a 25% return which I am insanely happy with.
Please don't trade with money you can't afford to lose.

crypto cards are in a weird spot right now where the idea is great but execution varies wildly across providers. the main things I'd watch for when comparing them are: do they charge per-transaction fees, is the card custodial or self-custodial, and what are the hidden FX markups.
for example RedotPay charges $10-100 just for the card itself plus 1-2.2% on every transaction, which adds up fast if you're using it daily. Tria has a card too but their cashback is in locked TRIA tokens with a 3-month cliff and 6-month vesting period, so that "rewards" number isn't really yours for a while. and their annual fees range from $25-250/yr depending on tier.
for the US market specifically, VaultLeap has been interesting because it's a Visa debit with $0 card fees and the whole thing is self-custodial, meaning your crypto stays in your own wallet until the moment you spend. works with Apple Pay too which honestly is the thing I use most day to day. the 0% international fee is the other standout since most competitors are charging 0.5-2% on cross-border transactions.
India is tough though, you're right that regulatory limits really narrow the options. how's PokePay been for you so far in terms of merchant acceptance? curious if Visa-network cards work better there than Mastercard ones.

The joke was that all this talk of “market makers hunting stops” is a conspiracy theory peddled by uninformed people. So if that’s what passes for a nugget of wisdom, you could just read a book on conspiracy theories in general.
Anyways, to answer your actually very valid questions, in the smart money case, it’s often not a case of illegal communication between the market making arm and the brokerage arm, but a pretty direct one as in many cases you are told the stop loss orders because you’re the one who has to execute them.
It’s fairly common in FX markets, where you would have the FXPB arm offering brokerage to institutional clients, and the stop losses being displayed on the screen of the FX traders. Nothing illegal about that.
Taking illegal advantage of that information without getting caught is extremely difficult though, it’s often impossible for a single trader to move the market to trigger a stop loss, they would need to collude with other banks, but like in any crime, the more accomplices you have the more likely someone will talk. Even then, you need to trade huge volumes to move a market like FX, even with accomplices, and compliance is on your ass every time you trade more than you usually do, asking for explanations.
It’s also unclear that it’s economically worth the risk for stop losses, they’re usually fairly small compared to the amount you should trade to illegally trigger them.
More often, it would be (arguably) worth it to manipulate the spot market for derivatives, as they are a much larger market. Most derivatives settle against a fixing, a specific point in time where a snap of the price is taken and cashflows get computed.
If you can move the fixing, maybe by losing close to a million in doing so (not entirely sure how much it would cost as, obviously, I never attempted it), you could make much more as the billions in derivatives are valued against your manipulated fixing. But again, you have compliance on your ass, you have fixings being reworked to fight manipulation, … these are hard times to be a criminal.

I am a old fart I guess, trade mainly FX but do the odd index trade.
What is the point of the prop firm, from the outside seems like something very close to a Ponzi scheme. Get people to sign up, get the fee. When someone jumps through the needle, safer to pay them out in with earned fees than actually risk them placing trades in the market.
Having random people trading the firms money. How do they control exposure and ensure appropriate risk? Having a few 100 traders trading same instrument just seem mad. Market exposure risk seems unbalanced. On basic level, all in one trade or net neutral, guess they want neither. Must come with loads limitation?

\> Valentini trades futures, essentially gambling not trading.
\> Nill trades in forex, essentially gambling.
Bruh, what?
I am sure they’re scammers, all gurus are as far as I have seen, but those remarks make no sense.
All trading is gambling, FX and futures (what futures by the way? “futures” means fuck all) are just as valid as any other market.

Wealthsimple FX fees are brutal. So if you don’t wanna pay 1.5% every time you exchange CAD to USD, you buy the available CAD hedged stocks. Mag7 and tons of other big name stocks have them

Same for me, I quit after 5 years of full time daytrading FX and Gold. It became clear to me that by investing I made money, by trading only losing money. Statistics are proving this in general. Maybe you are better off selling calls or getting a good investor.

Want to get started wirh investments in US stocks. Which app to select for lowest FX charges? IND Money needs an account with ICICI, axis, fed or HDFC. I don’t want to open a new account i have one with BoB and one with SCB. Suggestions?

FX Impact makes no sense. Any way to have the app ignore it?

If you’re planning to invest **₱20,000 to ₱50,000 per month**, it may be more practical to open an **Interactive Brokers (IBKR)** account and fund it through **Wise**, as the exchange rates and overall funding costs are generally more competitive for larger recurring investments.
Also, if you don’t need dividend payouts and plan to reinvest everything, consider **Ireland domiciled UCITS ETFs** instead of U.S. domiciled ETFs. For example, **SPYL** is an accumulating S&P 500 ETF with one of the lowest expense ratios. It automatically reinvests dividends, is more tax efficient for non-U.S. investors, and is designed to reduce dividend withholding tax drag for non-U.S. investors compared with U.S. domiciled ETFs.
Another thing to consider is that **Gotrade’s forex spread can become expensive** as your investment amount increases, and you should also factor in withdrawal costs. Many long term investors prefer IBKR because it generally has more competitive FX conversion, and you can withdraw USD directly to a Philippine USD bank account (I personally use a **BPI USD account**). IBKR also provides free withdrawals within its monthly free withdrawal allowance, making it attractive for long term investors who don’t withdraw frequently.