We found 11 online brokers that are appropriate for Trading Shooting Star Forex Investment Platforms.
A shooting star is a bearish candlestick with a long upper shadow extending above the lower half of the candle. It usually has very little to no lower shadows. A shooting star usually looks like this after a strong uptrend and is the kind of candlesticks that forms when an asset opens sharply, advances, but then quickly reverses towards the closing price levels. A bearish star is characterised by an equal upper and lower shadow smaller than the upper shadow.
When trading with candlesticks, you need to know when to enter and exit the market. If you are a newbie trader, the chances are that you will be more interested in the technical analysis aspect of trading, i.e. how does particular security perform in relation to the previous days' open and closing prices? In a bull market, technical analysis tells us when to enter and exit. And that is exactly what a bullish star does.
In a bear market, technical analysis tells us to take a wait and watch approach. A shooting star, as we have noted, has long upper and lower shadows. On the other hand, a bull market would advise us to get in and out as fast as possible. Therefore, in a bull market, you need to be keenly observant of your shooting star's movement as it can often signal an impending price advance.
The shooting star in Forex is a clear indicator that has been around for quite some time. For many years, traders have been able to use this indicator to make good trading decisions. In this article, we will take a look at how this indicator can help you with trading.
The security price always moves in a predictable pattern called a Forex trend. The price moves in a straight line as the price bounces from one level to another. Trading with the help of the moving average is an easy way to trade with this indicator. When the price bounces, you purchase at the low and sell at the high.
Many trading strategies use these indicators in trading. Many traders believe that it gives them the power to make more money. They base their trading strategies on this indicator, and they believe that it can provide them with a means to profit. However, it is not always the case. Sometimes, these trading strategies can lose rather than earn you money.
The shooting star in Forex tells you that it is best to wait for the closing prices, as the market fluctuation will usually last longer during the closing than it does during the opening. It gives you time to decide if the market will continue to go up or down before making your trading decision. Do not be greedy in your trading style because you might end up losing more than you can afford. Trading in Forex is not gambling. You need to think of the long-term investment and how much time you have to see positive results before deciding.
If you're an experienced Forex trader, chances are you've traded with some degree of success using a shooting star Forex strategy. But, if you're beginning in the Forex market, it can be very unclear. If you know the basic concepts involved, it's still not difficult, but beginners can often get confused by the technical jargon surrounding a trading concept like a shooting star.
The shooting star candlestick chart is a reversal trading strategy based on a shooting star candle pattern. A trading tool in Forex called a reversal chart, or in Forex market terminology, a high-low-trend line can illustrate the trend of price movement over time. A shooting star candlestick pattern, also known as the HSH, occurs when a stock or commodity price begins to make a strong upward move and then reverses directions. A trading tool is a reversal candlestick chart with a long-tailed body and a short-tailed shadow just below the body.
The term bullish shooting star Forex refers to any trading strategy that maximises the profits in the Forex markets. This trading system is highly recommended for those who have a good knowledge of the Forex markets, are already experienced and confident about their trading skills, and are ready to take on the Forex markets' challenges. The trading strategy consists of trading on pairs of currencies with similar trading strengths. For example, if you are going to trade with EUR/USD/JPY, you would only trade in the currencies with strong trading histories in these pairs. In this way, you minimise the risk of trading against currencies that may go against you.
The trading strategy will tell you which currencies to trade in and which currencies to stay away from. You must know the technicals very well to identify when a currency pair has broken an important resistance level and how to profit from it. Once you have done this, you should have a clear picture of the price action in the next few hours or even days. It is a vital aspect of this trading strategy because you need to anticipate the price movement very well and not be left behind by the market. You do not want to trade against currencies that have already gone up, to be late behind the curve, and end up losing more money than you have made.
Freedom of trading is what Forex trading is all about. And it is not possible without some form of discipline or sticking to your trading plans. You cannot expect to trade if you're mentally weak. Of course, discipline is a two-way street - you have to be disciplined yourself.
The second limitation relates to your trading plan. Forex trading systems make use of stochastics and volatility in their algorithms. They use technical analysis to predict where the market will go next. To use this kind of technology, you have to know how to code your trading system. That means that you have to decide what will guide your trading system. Unless you are very disciplined, you will find yourself losing money often.
A third limitation relates to the fact that Forex trading involves risks which means that you may not make money. Trading requires high risks, which is why Forex trading systems use low risk/reward trades. They also involve using a stop-loss order which is triggered when the trading system makes a loss. The stop-loss order is usually set at a very high amount to ensure that you get out of the Forex market quickly if the market starts to turn against you.
We have conducted extensive research and analysis on over multiple data points on Shooting Star Forex to present you with a comprehensive guide that can help you find the most suitable Shooting Star Forex. Below we shortlist what we think are the best Shooting Star Forex Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Shooting Star Forex.
Selecting a reliable and reputable online Shooting Star Forex Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Shooting Star Forex Investment Platforms more confidently.
Selecting the right online Shooting Star Forex Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Shooting Star Forex Investment Platforms trading, it's essential to compare the different options available to you. Our Shooting Star Forex Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Shooting Star Forex Investment Platforms broker that best suits your needs and preferences for Shooting Star Forex Investment Platforms. Our Shooting Star Forex Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Shooting Star Forex Investment Platforms.
Compare Shooting Star Forex Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Shooting Star Forex Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Shooting Star Forex Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Shooting Star Forex Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Shooting Star Forex Investment Platforms that accept Shooting Star Forex Investment Platforms clients.
Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Shooting Star Forex Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Shooting Star Forex Investment Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Shooting Star Forex Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
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