QUOTE(Eterman @ May 3 2013, 10:59 PM)
i'm not familiar with banking stuffs since i just use it as a saving account. So what you mean is your cimb account funds and withdraw from the forex account? using debit/credit card will have extra charges as i read on some forex companies' web site, yes? does the funding account such as your cimb account need to be a foreign currency account?
my cimb account is normal saving account.my broker just transfer the profit i gain,which as the amount i want to withdraw,just straight transfer to my cimb saving account.very simple.
rate is depend on currently currency converter.my broker withdraw/fund rate exchange on currently currency.some broker fix rate.
for fund.i chose to use debit card,if i use my credit card,i will fund my fx account non stop,later at the end of the month i cry lol.
its up to u,but for me i use cimb debit card.very easy too.for me i deal straight to my broker,no middle man aka introducer broker.
*no need cimb foreign currency account.Ringgit Malaysia will automaticly convert to usd or euro etc when u fund your fx account.
hopefully can clear your doubts
This post has been edited by boyvai: May 3 2013, 11:22 PM