If there's an indicator out there that can predict precisely what will happen, no-body will be working for payslip anymore

Been earning around 100++ pips since i start a demo account with Oanda. Hopefully I can learn more than can start live already. Usually what leverage you guys play?

Oanda?? if i am not mistaken the beginning cpital should be 5000usd
for the beginner like me use FXCM.....

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Added on August 19, 2009, 5:37 pm i hope there will be software like that

EUROUSD very suck last friday.....

This post has been edited by Juggernout: Aug 19 2009, 05:37 PM

I thought you can deposit any amount you like in Oanda, no?

Oanda leverage 1:50 max if im not mistaken,

For indicator,try using stochastic,quite accurate la.

Yup, oanda only allow maximum 1:50 leverage. While other brokers such as ibfx allow up to 1:200 leverage.
Bear in mind, high leverage come with high risks. Do use it with care.

Yup, stochastic with combination of other indicators such as RSI and ADX will provide more accurate trend.
Me using stoch + RSI + ADX. Well of course it depend on individual preferences

u can even start an account with oanda using USD 1.. however logically u wont because the TT fee and all far outstrips your capital

If Oanda can only give you 1:50 leverage, that means a standard lot of EURUSD would cost around USD2800++. A 0.01 lot would still cost you USD28 to buy.

hie guys need some help here.. where can i find IBAN or swift code? i am using hsbc bank thanks for the help

Should be HBMBMYKL (swift)

The list you could find here:

SWIFT code list


This post has been edited by z2forex: Aug 19 2009, 11:24 PM

urmm why don't use liteforex .IT even can use maybank..there is MAlaysian name liteforexmas.com company can do all ur transsaction..
the profit exp: u witdraw 400 usd there take rm40!!

alpari uk damn annoying @@ they need bank manager certified? anyone trade with interbank fx here? how is their service? they need bank manager certification? seriously need help lol

This post has been edited by dkangz: Aug 19 2009, 11:58 PM

I'm using Interbank FX. So far no problem at all. Easy to open account, fund and withdraw. Leverage 1:400 and can trade nano lots. I think it's one of the best brokers out there

@sleepwalker
care to explain to me why 0.01 lot would cost me USD28 to buy? or are you saying you require a minimum of USD28 to buy 0.01 lot ? Please be precise in your explanation as it is very misleading the way you put it.


And oanda you can even buy 1 unit which is 0.0001 USD per pip.. there is no specific lot sizes in oanda.

Why ppl said 1:200 leverage higher risk than 1:50? For 1:200, we'll only spend smaller margin which is $0.50 for 0.01 lot and 1:50 is $2.00. It was very obvious that 1:50 is higher risk. IBFX offer up to 1:400, so every time i spend 0.01 lot just $0.25, if those leverage like 1:100 or 1:50 will spend more margin on your trading.

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Added on August 20, 2009, 10:00 amAlpari UK need you to certified true copy for your documents from a notary, bank manager or commissioner for oath, the process fees only RM8, just find one of them will do.

This post has been edited by rstusa: Aug 20 2009, 10:00 AM

People say higher leverage = higher risk cause higher leverage = higher purchasing power, some people may not realize how much they have bought, and someone may make use of the high leverage to buy gao gao..so its more to a management risk.....

This post has been edited by NirukaKL: Aug 20 2009, 10:28 AM

u can also try fxpro..leverage 1:500.....they now sponsor BMW f1 car,,,

I agree that leverage means power. More power means more responsibility. If you abuse that power, you'll face the consequences. Just because you can, doesn't mean that you should

Ohh, then it was the person risk management problem.

This post has been edited by rstusa: Aug 20 2009, 12:20 PM

yeap, its risk management problem not trading risk