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 Forex | Version 8, Foreign Exchange Market Discussion

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Mesosmagnet
post Mar 8 2011, 01:52 PM

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Hi,

I'm new to forex trading.

I'm curious as to which brokers are being used by Malaysians. Oanda, Alpari, FxDD, IGMarket, these are the few that seem to be more trustworthy, but I would like to know which brokers you guys use.

Also I do not have alot of capital to invest. My maximum would be USD 1000. What would be the average realistic profit that can be made(after taking into account loss) per month with such a low capital?


thank you.
Mesosmagnet
post Mar 8 2011, 04:02 PM

Getting Started
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Junior Member
201 posts

Joined: Apr 2008
10% of capital per month? Isnt that rather low, I was under the impression that it is possible to profit approximately 20 pips a day. Seems like I havent been facing reality.

Anyway, how about the broker question? What brokers do you guys use? I remember seeing FxCM on someones post and kthxbye introduced InstaTrader but I the closest I could find was InstaForex.

Also I've heard alot of people complaining about MT4 and of it being a scam platform which allow brokers to manipulate your trade for their gain. What trading platforms do you guys use?

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