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 Forex V6

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rstusa
post Jul 28 2009, 08:18 AM

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For Alpari UK you need to submit your IC & Utility bill and certified them as a true copy, this can be done by a commissioner for oath. Other procedure just same with other broker.
rstusa
post Jul 28 2009, 02:02 PM

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either IC or passport
rstusa
post Jul 28 2009, 06:45 PM

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QUOTE(evoangel @ Jul 28 2009, 03:46 PM)
okay thx rstusa.. gonna open live wif Alpari..


Added on July 28, 2009, 5:04 pmcan i have a piece of advice here... is it not reconmendable to give out passport when registering alpari? bcoz they will eventually get ur details.. scared of fraud/stolen identity..
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Why don't you just give IC only?
rstusa
post Jul 29 2009, 08:37 AM

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QUOTE(evoangel @ Jul 29 2009, 01:28 AM)
ya lor... just curious only.. coz my first time opening a live account.. =)

anyway thx for the advice..!  notworthy.gif
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If you join Alpari UK now, you can get 10% of your capital, after 3 months will be credited to your account. I already got that in my equity balance.
rstusa
post Jul 29 2009, 11:44 AM

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QUOTE(atrocitines @ Jul 29 2009, 11:04 AM)
hey guys, anyone of you heard of forex asia academy? i plan to attend their free seminar. any good feedback on koon lip and his forex asia academy?
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Check this out http://www.wealthmasteryacademy.com/ & http://www.jflennon.com.my/
rstusa
post Jul 29 2009, 07:02 PM

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Self learning can be successful, just depends on how you learn only. Got few of my friends trading full time forex never attend any seminars or courses.
rstusa
post Jul 29 2009, 07:10 PM

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It depends on personal, for my friends, they took 3-8months.
rstusa
post Jul 29 2009, 07:19 PM

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Not all of them earning consistently every month but some of them earning consistently monthly based on their own trading method. Myself wasted a year to catch up with forex, coz previously i given up to learn it, now i'm one of them.
rstusa
post Jul 29 2009, 07:27 PM

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yes, you're right! Earning consistently monthly is not as easy as ABC, because we had done a lot of homework & failure experience on it. Now I also learning & looking for new stuff or strategies implement it into my trading method.
rstusa
post Jul 29 2009, 07:39 PM

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You search back the Forex V5 topic, look for the 5 rules of forex trading, one of the rule is Eureka Moment, just read it & you'll know what my method is.
rstusa
post Jul 30 2009, 08:06 AM

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QUOTE(atrocitines @ Jul 30 2009, 01:06 AM)
problem is how to develop our own trading method
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Experience will tell you!
rstusa
post Jul 30 2009, 05:18 PM

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[quote=dkangz,Jul 30 2009, 04:28 PM]
[quote=bulkbiz,Jul 30 2009, 10:52 AM]
If you don't mind to read this thread

get it thanks.. i only got around USD$500 can open account on alpari uk or ibfx?
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[/quote]

If you only got USD500, i suggest you open account with IBFX, coz it provide nano lot size which is $0.01/pip while Alpari UK only $0.1/pip. If you're not a risk taker, i suggest you IBFX.
rstusa
post Jul 30 2009, 06:55 PM

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QUOTE(NirukaKL @ Jul 30 2009, 07:52 PM)
Alpari also got nano (or Micro) also....so either is same, it depends on your choices
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No, it is not same, Alpari smallest lot offer is $0.1/pip (Micro), IBFX smallest lot is $0.01/pip (Nano). Pls try out the demo then you'll know.
rstusa
post Jul 30 2009, 07:26 PM

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QUOTE(NirukaKL @ Jul 30 2009, 08:13 PM)
No la, Micro in this industry is standard 0.01 Lot which = $0.10 per pip, you can try ask alpari again....Maybe you got the classic account la
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Yes, you're right, in Alpari micro account 0.01 lot = $0.10 per pip but do you know in IBFX 0.01 lot = $0.01 per pip? You go to test out the demo then come back to tell me again. If i was wrong, tomorrow i gonna withdraw all my funds and close my alpari & ibfx account.

This post has been edited by rstusa: Jul 30 2009, 07:33 PM
rstusa
post Jul 30 2009, 07:40 PM

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QUOTE(NirukaKL @ Jul 30 2009, 08:35 PM)
Checked out this IBFX indeed you are right, have Nano....do anyone actually open such account? Cause micro is already...i could say small enough...
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Actually you open micro account with ibfx, you're trading 3 types of lot size which is 1 lot = Mini, 0.1 lot = Micro and 0.01 lot = Nano. If nobody want to trade nano, ibfx doesn't need to offer such small size of lot to it customers.
rstusa
post Jul 30 2009, 07:48 PM

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QUOTE(NirukaKL @ Jul 30 2009, 08:41 PM)
Or its something they do just to stand out of the crowd....thats what many broker does...
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I'm not sure, but i know for NFA broker, only IBFX & OANDA provide nano lot size.
rstusa
post Aug 3 2009, 12:15 AM

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QUOTE(penanghomes @ Aug 2 2009, 06:39 PM)
thanks for the advice,can you tell me which a online broker is good? meaning can trade for as low as us25 margin?
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I think IBFX suitable to you, coz they provide 1:400 leverage means 25usd/lot or Alpari UK 1:500 leverage which is 20usd/lot.

This post has been edited by rstusa: Aug 3 2009, 12:17 AM
rstusa
post Aug 3 2009, 12:57 PM

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QUOTE(atrocitines @ Aug 3 2009, 01:40 PM)
can someone explain to me about this new nfa ruling? regarding the stop loss limit order, the hedging thingy, please.
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Special only for IBFX:-


Q. Does FIFO apply to all of my trades?

A. First in / First out applies ONLY to trades of the same size.


Q. Will my Expert Advisor still work?

A. All of your Expert Advisors will continue to work with all of your pre-programmed stops, limits and trailing stops.


Q. Will I still be able to use Stops and Limits, Trailing Stops and Take Profits?

A. Absolutely – With the IBFX solution, you won’t have to make any changes from the way that you are trading currently. No need to make any adjustments to Stops and Limits, Trailing Stops or Take Profits.


Q. Will I still be able to close any of my orders of the same currency pair in any order?

A. Yes, with the IBFX solution, your trading will still be fully functional without any changes to your current trading strategies.


Q. How will this affect my daily statements?

A. Interbank FX Official Statements will come directly from Interbank FX’s proprietary back office system using our FIFO offsetting and accounting procedures. These statements will be accessible through a client’s Web Site Login. You will still be able to pull an Unofficial Trade Journal using the Trade Journal feature within the IBFX website. You will also be able to produce Unofficial Trade Journals using MetaTrader 4 as your Trade Manager.


Q. Does this NFA rule apply to all U.S. based brokers?

A. Yes, this rule affects any broker in the U.S. that is a member of the NFA. Other brokers have attempted different approaches to this new ruling. We at Interbank FX strive to make trading in the forex market as simple as possible for our clients, all the while in full compliance with the NFA.


rstusa
post Aug 3 2009, 06:35 PM

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QUOTE(atrocitines @ Aug 3 2009, 05:26 PM)
is it affecting you guys punya trades? or has it not done anything?
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No affect at all, remain same on our trading.
rstusa
post Aug 5 2009, 05:24 PM

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QUOTE(maxi @ Aug 5 2009, 05:43 PM)
I am using maybank online, the processing fee is only RM 10 only. I think the charges is from the correspondent bank. Anyone tried local deposit with Fxopen before?
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No matter which bank you try, you do deposit to the forex broker will pass by an intermidiate bank to help your process the funds, so they'll charge you, it is neither bank in malaysia nor the forex broker's bank charge you for that. The charges range between USD20-50 depends on different country with different bank.

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