still thinking wonder to continue playing not..
seems like I cant put effort into this.. But still wish to gain some profit thru Forex

How much burned?

$100 USD.. 
burned after 2-3 months

Treat it as tuition fee. 

But with USD500 as minimum, minimum ROI 10% a month with low risk.

Grid. Many can't accept it 

why must play with $500?
Just a student here, doesnt has that much of  $$$ 

Is that what you do.

If the previous trade you entered long, then the price moved down, after the trade is stopped out, you would go short. Am i right?

To be honest, with $100 as margin, it is just to dump the money to sea.
Half correct. it will long again after certain tolerance.

Members trading with fxcm uk......
http://m.asia.wsj.com/articles/SB100014240...8?mg=reno64-wsj

Reveal Navigation Options
The Wall Street Journal
show search
Close Search
Submit Search
Nikkei 225 -0.32%
Latest
Popular
MARKETS
NEXT ARTICLE »
Share
February 26, 2014 4:28 PM
Forex-Trading Firm FXCM Fined by U.K. Regulator
Firm to Pay $16.7 Million to Settle Allegations of Withholding Profits From Clients

By JENNY STRASBURG And MAX COLCHESTER
LONDON—Foreign-exchange trading firm FXCM Inc. agreed to pay fines and refunds totaling almost £10 million ($16.7 million) to settle allegations by a U.K. financial regulator that the company withheld profits from clients and failed to inform British authorities that it was under investigation in the U.S.
The Financial Conduct Authority said that U.K. units of FXCM withheld £6 million from customers on foreign-exchange transactions between August 2006 and December 2010. The regulator said the broker pocketed profits when exchange rates moved in its customers' favor while a trade was in process, but it passed on losses that occurred on other trades.
FXCM, which is based in New York and is publicly listed on the New York Stock Exchange, is a dominant broker in online foreign-exchange trading for retail clients and serves banks, hedge funds and other asset managers. The company in 2012 sought to boost its institutional-trading business by investing in, and trading with, an electronic-trading platform called FastMatch, in partnership with Credit Suisse Group AG. In trades with retail customers, FXCM matches orders electronically with quotes from more than a dozen banks and other so-called market-making firms, including high-frequency-trading firms. FXCM earns a "markup," or fee from clients based on trading volume, according to the company's description of its business.
As part of its settlement with the British regulator, FXCM agreed to pay £4 million in fines plus almost £6 million to refund money to U.K. clients.
In a statement, FXCM played down the impact on customers as "typically very limited," with individual traders suffering an average hit of $3.70 apiece because of the practices over the four-year period addressed in the settlement.
"It's not like this was a major source of profit," FXCM Chief Executive Drew Niv said in an interview Wednesday, adding that FXCM operated similarly to competitors when it pocketed price improvements instead of crediting customers. FXCM changed its practices in 2010 to pass along those price improvements to customers, Mr. Niv said.
"This is how the system was set up. As far as we were concerned at the time, the customer traded with us, and we hedged," Mr. Niv said. "The only thing we held back on was the price improvement. We still gave the customer the best price out of multiple market makers."
About the FCA agreement, Mr. Niv said, "The idea of a settlement is I don't argue with it."
The FCA said the fine wasn't related to any continuing probe into allegations that traders at banks and other institutions attempted to rig foreign-exchange markets.
FXCM said it had provisioned $15 million in the third quarter of 2013 for this matter. "All clients receiving restitution will be notified within 60 days," the company said. FXCM's U.K. customers who lost more than $1 as a result of its practices will be reimbursed to their accounts.
The FCA became aware of the practice in 2011. But it was unaware that U.S. authorities had begun their own probe into the matter a year earlier. In 2011, FXCM agreed to pay more than $14 million to settle allegations from U.S. market regulators that the company had failed to supervise customer accounts. As a result, regulators said, FXCM customers suffered detrimental pricing on trades.
FXCM's failure to alert the FCA breached requirements that businesses be open and cooperative with the U.K. regulator. "I'm not contesting that," Mr. Niv said, adding that an FXCM executive at the time responsible for informing the British regulator mistakenly "thought he had."
Write to Jenny Strasburg at jenny.strasburg@wsj.com and Max Colchester at max.colchester@wsj.com
Jenny Strasburg CONNECT
Max Colchester CONNECT
Facebook

Twitter

Google+

LinkedIn

Email
PREVIOUS
Blackstone Nears Deal for Versace Stake
NEXT
China Guides Yuan Lower
POPULAR NOW
cat
Layoffs Up Down Under
cat
Bradley A. Smith: Connecting the Dots in the IRS Scandal
cat
Singapore Aims to Become Silicon Valley East
MORE IN MARKETS
Markets Home
Wall Street
Market Data
Stocks
Bonds
Commodities
Currencies
World Markets
MoneyBeat
CFO Journal
SECTIONS
Home
World
Asia
China
India
Japan
SE Asia
Business
Markets
Tech
Life & Style
Real Estate
Management
Opinion
Edition:Text Size:
Log In Subscribe

©2014 Dow Jones & Company, Inc. All Rights Reserved.
Legal PoliciesContactFull Site
Submit Search

mind to explain? 

why must play with $500?
Just a student here, doesnt has that much of  $$$ 

mind to explain? 

I follow AutoChartist signal 

Do you mind sharing what strategy you used. Just tell the general idea of your strategy if you are not ready to share fully.

Currently my trader report is between 75%- 82%.. By using 5 indicator..

Hey friend, frankly speaking.
Forex is a HIGH RISK INVESTMENT.
$100 usd is risky.
how you gonna trade?
I risk 0.5% on each position.
With your account size, means 0.50USD.
How am I going to trade with that?
SL = -0.50USD unless your broker let you trade sen (1pips = 0.01USD) so you can get 50pips SL or etc

This is annual return or the total return? If total, how long was that?

Anyone who is interested to use VPS, can I have look on my packages
Forex VPS