ibfx is nice.. just that their spread for certain pairs especially carry trades are insanely high

Although their spread high but it is quite stable without any liquidity. I never saw ibfx advertise their spread "as low as 1pip" but they're telling us the spread wide honestly.

guys, i have gone through babypips but someone in facebook told me to learn from an experince trader by either knowing an experinced trader or attending a seminar. he claimed through that i can learn faster rather than self imposed knowledge through books and the net. is this relevant?

I'm not agree with that. For my suggestion, beside go through babypips, sometimes you can have a gathering with experienced friends to do sharing without wasting money to attend those courses or seminar.

experinced friends? lol?

have u ever try practicing a demo account?

Pratice make perfect, even a experiance trader do fail when trade, but they know how to control risk.

Learning how to control your emotion is very important,

Follow what you see in trend, NO what you want to see in trend

This post has been edited by tachlio: Jul 23 2009, 12:09 PM

ibfx is suck....no hedging allowed...n maybe more new rules coming in future due to nfa reg...huhu...keen to find another broker...

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Added on July 23, 2009, 1:24 pmif u drew more than rm50k in 1 shot...u might be get a phone call from BNM...my fren get 1 already...since there is no illegal activities nothiong happend...forex money = tax free coz u bring dollar in to malaysia...good for country

This post has been edited by alexandriafx: Jul 23 2009, 01:24 PM

Hedging rule came out by NFA and it is not related to IBFX suck or not.

oh yeah...u rite...but i used ibfx since 2006....sometime n till now using hedging strategy....but since nfa blocked the hedge...i need monitor my order oftenly....in loss mode...u have no choice...cut loss / put SL...otherwise u will get burn....

reading from the scam posting,

have anyone in malaysia tried to withdraw money more than their deposit before?
just wan to know.

But one thing for sure,their followup is fantastic....i received call almost immediately about my account the moment i apply for an account online that day itself.

Only gripe,is there is no demo account...
u need to put in money 1st

hmm.. i did not get any call from them oso wor.. i did created an account.. of course havent deposit any cash in yet. LOL

Then you should choose a broker which is not under NFA regulation.

i also haven't deposit any money yet but they did call up on my handphone number which i provide.

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Added on July 23, 2009, 2:29 pmwhich online broker would u recommend then?



This post has been edited by MakNok: Jul 23 2009, 02:29 PM

Alpari.co.uk

You could try Alpari UK or FXCM UK

fast reply...im also underconsidering alpari from uk...heard this is very good bro like ibfx...waiting their approval...

get STP processing broker

thx dude!

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Added on July 23, 2009, 7:56 pmcool bro!

This post has been edited by MakNok: Jul 23 2009, 07:56 PM

Damm, Dow so bullish yesterday. Lost a bit shorting ej and aj at the wrong time.

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Added on July 24, 2009, 8:05 am@maknok
oanda

This post has been edited by kelvin_tan: Jul 24 2009, 08:05 AM