Ya you can see Oanda has one of the strongest capital base among the forex brokers that i recognise.
No, first withdrawal is 20 bucks, second withdrawal onwards is 15 bucks more on top of that.
Can see from here https://fxtrade.oanda.com/your_account/fxtr.../withdraw_funds.

He is still freaking trading when his total balance is 190.00!

Bulkbiz, in some way u were right about new traders starting a live acc 1st wiv at least a USD100 to trade or lower, c hw goes the psychology, demo sumtimes is not a gd indicator of hw successful a person can succeed later.

I think demo is more to try out new strategy n meantime trade wiv primary strat..

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Added on March 25, 2010, 7:55 pmWow, gud try thomas, another 1000 funded..

Hi,... I will be back..

hi guys if i only want to trade with mini lots, (though i'm 21 i'm not that energetic as thomas..hehe), will 1000usd be too much?

what is the first step that i need to do? go to the bank and open an overseas account?

p.s. GU resistance 1.4936 still holds for me, my view is still bearish but if 1.5 is broken then i'll go long. still holding my shorts.
on demo account. trying to limit my trades to 5 per day and not being greedy and chase trades. still working on it.

hope u all have a good week ahead!

FKLI? my learning fees was RM60,000 for that one.. thats in 1997.. big important lesson "your broker is as clueless as you are, dont bother listening to their inputs" if I had followed my tech analysis.. I would have made half a mill in that trade alone.. plus I have zero money management..
if you wanna become successful in fx, "decide now"..
if you just wanna have fun trading,, this is not the place.. better of go genting or cosmos and ride the roller coaster..
to become a surgeon you need 12years of formal study and another 6 year med school.. and another few years intern..
to become fx trader... there is no set pre requirement.. thats why so many "patient"(account) dies..
after you decide... make "commitment".. have "passion"
some people are born with strong will, some need to work a lot harder to get where they want to be...
with strong commitment & passion you wont dance with "distractions".. you will keep going to your destination.
fx is a business... a serious one....  we can use the numbers how many business failed, 9/10 will fail in the first year.. and the 10 that survive will fail 9/10 in 5 years..
but also remember that you will fail maybe up to 9/10 times before you become successful (provided you learn from your failure)...

@john123x

I will say this to you as I have been told back then. IF YOU CAN MAKE MONEY, the wiring fee is peanuts. In fact, the 5% commission charged by paypal when transferring money back is even worst.

In forex, achieving 100% to 1000% roi within a year is VERY VERY POSSIBLE.. if USD 300 becomes USD1k within a year and u withdraw all of it.. 5% of usd1k = usd 50.. now tell me, which is worst?

yo skcs1985, there's only one group in the world that can do what you did

This thread a bit boring without thomas

one question......does fx broker make any difference on the profit/loss or just my own....uhh luck..technic or what ever things i have done...

It seems that when i am trading with oanda demo account, i could easily make some money. few dollar or 10.

when i am on IBFX demo. all the trades is on lost. Get $1 or $0.20 profit, then $50 $80 loss.

hmm when i check forex peace army for review. it seems that i am not the only one making loss when using IBFX here....hmmm just feel weird.

wanna ask u guys, we register in www.oanda.com or www.oanda.com.sg?

Ohh then it must be the brokerage. Becos all the while when on demo i would just get few pips/bucks then sell. lol, me newbie so better dun put there too long. Hmm guess i am buying too much micro lots or having high leverage oso. Gonna do more demo and adjust my lots/leverage before put in some real money in.
Yeah at first i was thinking it would be the same. hmm guess it is the spread that make me loss. everytime i made a trade, i already saw like 10 bucks negative in p/l. lol, i tot i was slow in executing orders. lol