Anybody use liteforexmas as broker here guys?

I am very new in this forex thingy.. still learning.. but my friend use liteforex. what so good about liteforex guys?

so u guys prefer credit card or debit card to fund ur forex account.. credit card looks more promising in term of profit though.. (assume u will make profit on that month) use 2 credit card.. every time the bill come.. just pay it full and then swap it again to fund ur forex account.. (quite risky though)

Sifu's! Need help here

can someone give a brief explanation about margin and leverage.. already read through babypips.. but for somewhat reason it confuse me.. what a different between micro and standard account? are they use same leverage and margin? If I want to open an account with 1k deposit. which one should I open then?

EDIT : Another question sifu! What the best indicator to use with 30min Chart? Any suggestion guys?

This post has been edited by bluffy83: Dec 30 2009, 04:33 PM

If I want to open an account with 1k deposit. which one should I open then?

Anyway thanks for ur explanation bulkbiz. Still not clear though need to check with my demo account first. Perhaps I should see how this margin and equity number moving in the real time trading will be the best answer for that.

This post has been edited by bluffy83: Dec 30 2009, 04:57 PM

Just for my quick revies guys,

what broker is the best for mini account with capital 1000USD?

thanks z2forex,

actually i use ibfx for demo account.. but pair for GBP/USD in ibfx looks different from other platform.. how to explain this.. comparing with my friends.. ibfx demo seem move 10 pips different for every single pips move in other platform (i dont know how to describe it )

Yeah perhaps its really illegal, for someone like me who work with government.. this really quite a turn OFF to start playing with FOREX. Anyway I am still learning though..

but perhaps the word ILLEGAL was to harsh for us right. BNM should define this FOREX matters precisely

Gain, Loss, Gain, LOsssss! I think the problem is the market hit my SL too frequently.. aiiiizzz.. maybe 400 pips still not enough I guess.. the spike was too cruel. At the end market still rally through my prediction though.. what should I do sifu? Even though it was a demo account.. I feel like want to hammer this monitor now. haha

Is it ok to go naked first and after see a profit, I,ll start to put my SL. Just try it today. Still ok i guess. From now on all my trade will cost me 0 if it really touch SL. My SL was my Entry point now but I need to wait for a right moment. Looks risky. Maybe I need a very huge capital for this strategy..