Hi there, I guess its beter if you read thru their terms. I guess fxopen has ib around which help to deposit and withdraw money with fix rate, sth like deposit 3.5usd x amount, withdrawal 3.3 usd x amount. Are u Chinese and from kl area? If you are, there is a group of traders in cari forum which their leader is fx open ib, which he sells top up ticket as well, sometime will distribute it for free, like 10, 20 usd for newbies. Just check.

This post has been edited by mchicken: Dec 22 2012, 11:48 AM

Yesss..u must be carefull in choosing a broker.

u must do some research about broker to know why it safe or unsafe.

This post has been edited by Shah.Legno: Dec 23 2012, 01:08 AM

lol i didn't know that lowyat got forex thread,can i join you guys?i have been trading for 1 year now,basket trader

No problem..come join..u welcome buddy..

Guys...this are FXOPEN following company address

Perfect Island Sdn. Bhd.
Suite 27.04, TA One Tower,
Level 27, 22 Jln P. Ramlee,
50250 Kuala Lumpur, Malaysia.
[t] +603 2161 0001
[f] +603 2163 1316
www.fxopen.com

This post has been edited by timesrun: Dec 27 2012, 11:33 AM

last time i heard..FX Open office in Malaysia already closed down...

still got the office there?

This post has been edited by Shah.Legno: Dec 27 2012, 12:31 PM

Did u guy trade daily? And is there any job intro related to forex?

so basically , how much do u guys earns per day ?
is it stressful ?
need to have some feedback here as i will join it soon

Malaysia got Brooker company? lolz i dint know that

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Added on December 27, 2012, 2:06 pmIt depends how the trader's trade, some trader trade by scalping some are in long-term.
for me if the trend are going up, i will prefer going on long-term basis. if the market movement up and down, i will trade by scalping.
people wont see on profit or lost, more people see on pips depending on how strong your account.

for example
formula
equity x 0.02 (2% risk per trade) / 50 pips x 10 USD (EUR/USD)

let say i got $5,000 USD in my account

5000 x 0.02 per trade / 50 x 10 = 20 which is 0.20 lot size (2 per pips)

if you collect 200 pips per week

200 pips x $2 per pip = earn $ 400 USD per week
4 weeks x 400 USD = earn $1,600 per month

trade it constantly will be better to reduce your risk to minimum

trade smart

This post has been edited by BeyondAlen93: Dec 27 2012, 02:13 PM

earning in usd would triple your myr
that's great opportunity.thanks for your feedback

what happen when you withdraw your earning ?
how many percent for broker and how many percent for you ?

Well, i will withdraw via my brooker website then log-in. normally we use bankwire which deduct $50 USD only and other charges not more than RM100 (not sure) not on interest/percentage
withdraw the money to your bank account must wait 2-3 days working day, after you receive your income, they will send the statement to your address
if you using Maybank Bank

That's the best thing happen in forex, time to withdraw moneyyh..haha.

yup..still got office there... just 1 month ago i worked there.

owh really...will sure to check it out..

thanks

Yeah

Anybody here expertly use Bollinger Band & Moving Average as their main trading tool?

if anyone use it, hope we can discuss more depth about this technique..

it may sound that easy, but in real life.. starting to be profitable will take longer time.
just like other jobs, it take time to master.

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Added on December 28, 2012, 7:39 amoh my... that is cutting client's throat.
for my broker, it's a flat $15 wire charge per transaction.
you may want to check your broker/change to other.

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Added on December 28, 2012, 7:42 amhow much per day depends on how long you have been trading, your strategy, your method, most important is your discipline.
do take note, without proper management your profit/loss can be doubled in few minutes time.
do more research will be a benefit to you..

This post has been edited by poks: Dec 28 2012, 08:07 AM

Some thing to think of
looking to buy this pair..
btw, it's holiday season... not advisable to trade..
tayor..

This post has been edited by poks: Dec 28 2012, 08:03 AM


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[quote=poks,Dec 28 2012, 07:37 AM]
it may sound that easy, but in real life.. starting to be profitable will take longer time.
just like other jobs, it take time to master.

Yes...the reality it's very hard to earn the profit...

i just mention, when we can winthdraw the money...it's the best moment in trading..cheers.

Then you had no idea where you worked at. An IB does not represent the broker. Yes, the name is deceiving as they are called Introducing Broker but they are NOT the broker. They are similar to MLM agents (who are also a customer of the MLM company but does not represent the company) where they drive customers to the Broker and gets compensated based on the spread of their client's dealing. The more their clients trade, the more spread they earn. They work closely with the broker and have access to some additional tools to support their clients (does this begin to sound like MLM Agents supporting clients?..). An IB's job is also to provide support to the customers.

Anybody can be an IB (just like any MLM, you can stay as customer to buy products or you can recruit in which you become the MLM agent) as long as you fit the requirements of the broker. FXOPEN is not stupid enough to open an office in Malaysia and therefore rely on their IBs to get them customers.