Thanks for all the replies above. My friend is telling me this group exist for more than a year,(I don't know if I'm allowed to say the name here) and I will be depositing my money straight to the oversea broker not any 3rd parties ib. Of course they earn alot, and I guess half of it are from ppl joining them/spread. I also shocked when they are all 20ish and driving expensive cars.. My friend is a trustable friend, that's why I keep on thinking twice as he also keep saying he wants to help me. But of course I'm also afraid if anything happens and we all can't get our money back.

hello!
I'm new to this thread. I wanna try out demo accounts and just started reading about forex. I was wondering which broker house do you guys go to? I see first post only got 2 links. And the website I'm currently reading (babypips.com) talk a lot about US broker house. Any recommendations and also reading materials for newbies? Thanks!

Still same value just that a couple that are more confident I put bigger lot. Then I just tp after 10-20 pips. Made 33 trades. 25greens vs 8reds. Some of the reds are too big lol.

take a deep breath people! start buying USD!!

I think it went down just now and now only starting to go up..but..don't trust me, I'm noobie...

I saw the income tax guide stated that if earnings less than 29,775 annually, which around 2.5k, we don't have to pay tax, but is this apply to forex income as well?

Hmm if I were to make profits in forex, my plan is to reinvest the money into the acc or also invest in properties.

if so @ProperTYcoon already get caught, since he declare as profit from forex. 0.0

can someone share me which broker is good?
FXCM?
Maxim trader?
FXprimas?
Itl?
Promax?
NZ Financial?

I am newbie in forex , do any expert can share to which forex broker is the best in Malaysia

First day of live trading! Time to rest!
Have been trading lot size that is 10 times smaller than demo, but managed to reach my personal target of 50$!
Could have done better, but also noticed alot areas to improve on.
Thanks to everyone in this thread that has helped and assisted me since the beginning of my journey till today, and I felt that I made the right decision to study on my own and do the trades myself, don't have to throw in minimum 10k to join some group which could risk my capital not able to withdraw!
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Can i know more info about this investment, how its work and how to trade and etc

green green green, take a big sell at EURUSD!

I have been approached by Fxpromax which seems to be a bit like multilevel scheme. Do forex tradings uses this?

Appreciate feedbacks on this broker, thanks.

you can do some google search about this broker.

the guy who approached you is not from the broker. He/She is an IB.
ask you invest 10k,15k,30k. Give you bla bla indicator, seminar, telling you WORTH ALOT, see them drive big car, wear branded stuff, always PROFIT.
Once you invest, 30% of your money LOCKED. Left 70% to do TRADING.
You money is not directly bank wire to the broker by yourself~
You just passed it to the IB. (Now you know where their MONEY come from  )

Pyramid style~
Entering EASY, Exiting HARD.

Learn yourself, Trade yourself.

But there's still got good group around.
Just don't fall into the wrong hand, and they suck you dry.