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.

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.

That's rite what u say bro...IB is just the agent for the broker..

I think that's not the official office of FXOpen...maybe it's just their IB office.

woah still got people trade this end of year eh...too risky

ahaha..i like to Trade everyday,every week & every month..

i also trade right now but only demo,sked wan use live account at this time coz not confidence enough to trigger short/long button 

Hi newbie here trade for less than 6mth. Just sharing my experience in forex trading, using forex.com broker, so far no problem easy withdraw/deposit using debit card/ no charges, min deposit quite high usd500 XD. trade based on ema, scalping 20 - 30 pips per day with low leverage 50:1, but sometimes greedinesss taking over me, so hard to make consistent profit. any advice on mental management? ohhh

ahaha..i like to Trade everyday,every week & every month even it is risky..

at the same time i can learn more about market behaviour..

hye buddy, ur welcome here...

mostly most of the trader failed in trading because they let their emotion control their trading even their skill is already very good...

the key to success is must be very patient in trading & have very good money management...

this is the solution & the hardest part in trading.

Already do some buy & then sell 2 hour ago...

Good buy & sell setup i detect with my BB + MA tools...

your are good scalper!! hahaha 

banyaknya bukak chart bang... 
why is it trading in the end of year is risky?

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.

It is stated very clearly on their contact website that they do not have any office in Malaysia. Even the phone number is a VOIP number routed to their call center.

I was the Account Manager there last time, and i mean the director from New Zealand. Why i do not know? It is company, not a broker. There just use another name to represent because in Malaysia it is still considered illegal. 

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Added on December 31, 2012, 4:57 am

That is office la, not IB office. IBs' do not neccessary to have an office there and pay rental for high cost. 

Mostly now my trading style is swing...

before this i like to scalping, but it takes too much of my focus & energy...

i always fell asleep & tired very fast with scalping...no more scalping now..

just swing 2 or 3 days is enough...

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Added on December 30, 2012, 11:17 am

i open many chart in different Time frame because to search for strong setup confirmation movement...

it's important for my swing style..

trading in the end of year is always risky, because the level volatility is unpredictable..it will give you headache..hahaha..

I see... Keep it up!! 

nice chart shah.
this week holiday.consolidate movement.