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Core Points - FP Markets received three prestigious awards at the Finance Magnates Awards 2025, including "Global Broker of the Year," "Asia Broker of the Year," and "Most Innovative Broker – Latin America," solidifying its reputation as a leading broker in forex and CFD trading [1][2][3] Company Overview - FP Markets is a regulated online broker with over 20 years of industry experience, providing reliable access to global financial markets with competitive spreads and fast execution [4][6] - The company is expanding its offerings with improved pricing models, enhanced trading tools, and continuous platform upgrades as part of its 20th-anniversary celebrations [4][6] - FP Markets has received over 60 industry awards for its trading conditions, transparent pricing, customer support, and consistent value for clients [6] Leadership Commentary - Martin Stoilov, the global head of customer experience, emphasized the company's commitment to high-level service and support for traders worldwide, highlighting the importance of maintaining integrity and transparency [3]

Trading Foundations - Trading involves creating rules and strategies to filter market data and generate profit over time [6] - Success in trading is not about being right, but about managing risk and reward, with win rates as low as 36% being profitable [7] - Traders analyze market data to identify areas where price is likely to change direction, aiming to make 5x the risked amount [7][8] - Key tools for day trading include Trading View for charting and analysis, brokers like Blowfin or Bybit for crypto, Topstep for stocks/futures, and a trade journal for data input [13][14] Technical Analysis - Identifying trends using trend lines helps determine potential areas for price reversals [27][28] - Fibonacci retracements (236%, 382%, 50%, 618%, and 786%) are used to find key levels for potential price reactions [31][32] - Fair Value Gaps, identified by gaps between candle wicks, indicate high-impact zones for potential entries [37][38] - Trend-based Fibonacci extensions, combined with five-wave patterns, can help predict the tops of trends [41][43] Trading Psychology and Risk Management - Trading success relies heavily on mindset, understanding that being wrong on a trade doesn't make it bad [45][47] - Risk management involves setting stop-losses and calculating position sizes to maintain a fixed risk factor, such as risking $100 per trade [51][52] - Even with a low winning percentage (e g 30%), profitability is possible by allowing profits to run and maintaining a good risk-reward ratio (e g 36%R average win) [59][60] Strategy Building and Testing - Building a trading plan involves observing patterns, creating a rule book with entry criteria, and testing in a simulated environment [67][68] - Backtesting using bar replay mode on Trading View and a trade journal helps quantify the strategy's winning percentage and average win/loss [70][71] - Paper trading on an exchange with demo funds allows for real-time execution in a simulated environment before risking actual capital [78][79]