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.

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

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

your are good scalper!! hahaha 

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

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. 

I see... Keep it up!! 

nice chart shah.
this week holiday.consolidate movement.

i'm earning like mad... 

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Added on January 3, 2013, 8:54 pm

nice want ~
do you think it will continue to drop till 1.3050?

3AM FOMC report.. Feds wants to stop printing easy money... USD gains.. and now already below 1.3050. Almost 300 pips down since New Year.. NFP report tonight is not even going to be exciting anymore.

OMG!! drop beyond my expected... lucky i did not close my position 

owh i see.... ok i keep in mind, i will look for the great time to close my position at night 

Example of Russian bucket shop pls?

guys ive been looking for some brokers. to me money security is upmost important cause i might be depositing a lump sum. At first i thought of instaforex since its somewhat popular among malaysians until i found out it involves in number of scams. Ive been looking at oanda, an aussie broker with a branch office at singapore which i think facilitates money movement better, plus the customer service is pretty good. overall quite reputable and reliable. anyone uses oanda here?  also a related question, how does the current market environment compared to that at ~2007? Im learning a trend following system dated back 2007, not sure if its still viable though

A lot reports of catching SL and missing TP. Google it 

thx.that really helps a lot. .btw,may i know whether we're allowed to post about strategies and techniques here?