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 Forex Version XI, Foreign Exchange Market Discussion

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stephanh2o
post Dec 8 2012, 02:18 PM

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hi i am new here... hv someting to ask about forex.. did forex is legal now in malaysia... last time want i interest in forex do some research.. find out that is illegal..
stephanh2o
post Dec 10 2012, 11:10 AM

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"'We also do not open accounts with any local firms because they are all illegal. We know that. That is why our accounts are offshore and in another country, not in Malaysia and not under BNM's jurisdiction. Our brokers do not exist in Malaysia because they know better than to open an illegal office in malaysia like some unscrupulous brokers.

In this forex topic we do not advise people to invest in local broker or schemes because we know they are all illegal. We also encourage that we trade forex ourselves and not let other people trade our money. Therefore we are not investing our money, we are performing trading on our own.'''


so you all trade using another country forex comapany.. so how to open account n transfer $$ back or use the $$ in malaysia.. did maybank or government will do anything...

This post has been edited by stephanh2o: Dec 10 2012, 11:18 AM
stephanh2o
post Dec 10 2012, 02:25 PM

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thanks sleepwalker that really help a lot.... so what platfom u all using... i want to train my trading knowledge.. using demo acc.. but dont know which one... it seem like alot of broker use MT4
stephanh2o
post Dec 10 2012, 03:35 PM

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QUOTE(mchicken @ Dec 10 2012, 03:01 PM)
Hi,

Have you learn your basic? there is no short cut in this forex trading. Get some ideas about how forex trading first.

www.babypips.com

Then look for a broker to try out your skill, play around and get familiar with the platform.

Check here for the brokers.

www.100brokers.com
For reference only... Don't play blame game.
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thanks.. for d link.. feel like go back to school... hi..hi... yap need to start from 0 to hiro bruce.gif ... at list 1 year to graduated.. sweat.gif

This post has been edited by stephanh2o: Dec 10 2012, 03:38 PM

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