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 Forex Version XIII, Foreign Exchange Market Discussion

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Miaovin_cat
post May 13 2014, 10:45 PM

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Hi guys...wanted to ask what broker is recommended? Currently i'm using dtmasia and considering to change. Glad i found local forum here smile.gif Previously i always at the www.forexfactory.com forum xd. Advise me what broker yea damn not happy with current high swap negative.
Miaovin_cat
post May 13 2014, 11:08 PM

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QUOTE(Rili Toma @ May 13 2014, 10:55 PM)
A lot of forumer here using FXCM, hotforex, FXPrimus smile.gif
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Hi Rili, thks for your prompt reply smile.gif

1) FXCM is out due to they are being seized and under-investigation.
2)About Fxprimus i had a number of bad things heard from others especially after their management had changed.
3)Hmm, left the one hotforex which i had least information about...have you trade with them before? How is execution speed and news spread slippage? And also fees for withdraw and funding? smile.gif

Sorry for the damn many questions yea xd

Miaovin out.


Miaovin_cat
post May 13 2014, 11:43 PM

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Lamode: Hmm...the commission is relatively high isnt it? I normally trade 0.1 to 0.2 lot size, means that will be 5.5pips for spread in IC market? If i deposit lets say 1k usd, my final account will be 940usd in mt4 account? Is this statement correct?

9kingsir: Await tdoption mate to share me his hotforex details while lurking gbpusd at the critical support and resist area lol.

Miaovin out.
Miaovin_cat
post May 13 2014, 11:47 PM

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QUOTE(Rili Toma @ May 13 2014, 11:36 PM)
tdoption knows well about Hotforex, he can give you more detail on Hotforex. smile.gif
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Alright Rili, new member in this thread. Excited feels. Gonna put more time here soon rather than forexfactory. I realized here was less sharing of technical chart thats the bad thing T.T
Miaovin_cat
post May 14 2014, 12:07 AM

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QUOTE(9kingsir @ May 13 2014, 11:50 PM)
What actually u expecting to get from here?
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Expecting chart analysis (nobody gonna say you are wrong) , bull bear currency pairing with reason and support by own view (why you think is long or short), recent breakout point possibility (eg: gbpusd now crucial point at 1.6830, a 4hr candle closed below this point gonna have a short preparation, wait for tmr 4.30pm local time news) smth like that. Well im newbie here in this forum, cant say so much smile.gif About 2 years exp just that compared to many pro here smile.gif

Miaovin out.
Miaovin_cat
post May 14 2014, 12:13 AM

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QUOTE(tdoptions1689 @ May 14 2014, 12:05 AM)
HotForex under network, free swapping local deposit and withdrawal with MYR 3,500. Rebate monthly on 3rd and 18th. What's more you wanted to know just tell me. By the way, no FxPrimus. I know something about it and I can't public let you know.
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Glad to hear from you tdoption smile.gif

1) Your network means if i join you, you get pips rewards smth like that?
2) Means there is no additional charge form the broker, i deposit MYR3.5k my mt4 account is equivalent amount in spot rate usd?
3) Rebate is based on what? Lot sized you trade, then rebate back you in a certain percentage?

Right noted you smile.gif
Thanks for replying man haha

Miaovin out.
Miaovin_cat
post May 14 2014, 12:22 AM

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QUOTE(lamode @ May 14 2014, 12:08 AM)
u get whatever u deposited, i think u don't understand when/how the commission works.
some readings and information u can get in internet.

spreads is same whether u trade 1 full lot, 0.1 lot or 0.01 micro lot.
the commission is diff tho, $5.50 USD, $0.55USD and $0.055 USD  accordingly.
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Yes finally i get you Lamode sry about slow brain processor sad.gif..i understand now because i was confuse with comment on forexpreacearmy sry man. http://www.forexpeacearmy.com/public/revie...w.icmarkets.com.

Im comparing IC market and hotforex. Gonna be a hard one, tired of changing broker consume time to do that .

Miaovin out.
Miaovin_cat
post May 14 2014, 12:30 AM

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QUOTE(tdoptions1689 @ May 14 2014, 12:19 AM)
No prob.

1) Yes, register under my link and you will get rebate. (Not including investing on PAMM)
2) Local Deposit and Withdrawal means you deposit and withdraw through me. Almost instant, as long as online banking are available. By the way, they will pay back your TT charges if you use on TT.
3) Base on Lot Size bi-weekly, every Standard Lots, I will pay you back USD 2.50.
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That's a pretty good deal tdoption lol,

1) How much is the rebate? Individual small micro trader here sad.gif
2)Quite good if my TT is cover by hotforex 60usd return way. Deposit and withdraw via you? i dont get that erm, you do not have a client page or a trustee smth?

Miaovin out.
Miaovin_cat
post May 14 2014, 12:35 AM

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QUOTE(lamode @ May 14 2014, 12:25 AM)
its learning for everyone!  tongue.gif

if u ever hear deposit 1k, but only 940 into account, that is no broker, that is scammer/cheater!
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That commission is very low and very useful for sometime scalping lol. Man, hard to decide which broker. Two of this is pretty challenging damn it. Give me sometime to think about it because i had a similar network like what tdoption do, it is like a big jump ship haha

Miaovin out.
Miaovin_cat
post May 14 2014, 01:05 AM

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QUOTE(tdoptions1689 @ May 14 2014, 12:46 AM)
The rebate means when you trade, you only get. Every STD LOT will get USD 2.50 on biweekly. Deposit and Withdrawal through me means it is a trust between us. When you send me money, I send you credit. And when you withdraw, direct click through myWallet WITHDRAW TO IB and I pay you. You can directly doing transaction with them actually, so you got the rebate from me too. If you are worried and in KL, you can meet me up for DEPOSIT and WITHDRAWAL for the 1st time. We will do direct dealing in front. Or else, just direct with them and they will bear the CC charges for you if you use CC. I still pay you rebate even though you direct deposit with them.
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Noted tdoptions. smile.gif I will come back to you again if i decided and will contact you for a meet up in kl. smile.gif Allow me some period ya xd. Thanks so much for giving informations. Besides that what is the minimum deposit?

Miaovin out.


Miaovin_cat
post May 14 2014, 01:24 AM

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QUOTE(lowya @ May 14 2014, 01:12 AM)
I suggest trying to deposit small amount($10) with your credit card, to see if they charge international transaction fee

If they do not charge international transaction fee (typically 3%), Credit card will be cheaper option for you.

btw, Paypal deduct 2.8% in contrast.
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Tdoption said no credit card charges of the normally 3% that's catching me and the TT charges is pay back. My current is deposit no charge anything, but withdraw TT 32usd. Meaning to say, deposit and withdraw almost can say no expenses to be incurred lol.

Miaovin out.
Miaovin_cat
post May 14 2014, 01:30 AM

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QUOTE(tdoptions1689 @ May 14 2014, 01:19 AM)
The minimum are USD 100. I tried deposit couple of time using CC already, the 1st I deposit USD 4,000 and 2nd I deposit USD 1,000 due to daily spending limit of MYR 15,000, no charges to my CC and fair conversion rate (HSBC PLATINUM). I don't know whether bank matters. But as I know, it should just like normal spending online. Usually charges of 2.95% will goes to receiving banks a.k.a merchant, so I don't think we will worry about charges as long as the receiver paying it.
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Ok now tdoption i tell you what, your deal is good here. I will find you talk about more detail sooner and will pm you. Night is too late here. Gonna end here, or else tmr gonna be a fishing day. Night fellows forumers.

Miaovin out.
Miaovin_cat
post May 14 2014, 07:51 PM

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Hey forumers xd, gbpusd would be great for retrace now. Go see it smile.gif..I'm long 1.6773 ,tp 30 pips, sl 20 pips. I would hold till news 8.30pm. Just right after back home lol
Miaovin_cat
post May 14 2014, 08:14 PM

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QUOTE(chongtiensum @ May 14 2014, 07:59 PM)
sell or buy?
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Buy due to retrace from the support line soon. About the same as eurusd as what tdoption mentioned. Sl put at your risk level. Tp shouldbe at your favourable not more than 30 pips. Entry point should be as near as 1.6773 smth to long.
Miaovin_cat
post May 14 2014, 08:17 PM

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QUOTE(Miaovin_cat @ May 14 2014, 08:14 PM)
Buy due to retrace from the support line soon. About the same as eurusd as what tdoption mentioned. Sl put at your risk level. Tp shouldbe at your favourable not more than 30 pips. Entry point should be as near as 1.6773 smth to long.
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Don't purely believe in me. Trade your plan with your risk management. This is just my open position on gbpusd.

Miaovin out.
Miaovin_cat
post May 14 2014, 08:27 PM

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QUOTE(tdoptions1689 @ May 14 2014, 08:06 PM)
8.30pm USD PPI coming. Careful oh to enter now. shakehead.gif  :sImkehead shakehead.gif
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Tdoption missed your reply, phone replying small screen lol sry man..i was waiting the us to be weak news. Im out now, damn going to monitor it now lol
Miaovin_cat
post May 14 2014, 08:53 PM

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Less and less impacts on usd good news nowadays. Gbpusd I remain long as I believe this cable is very strong even correlate with eurusd last week break. smile.gif

Miaovin out.
QUOTE(tdoptions1689 @ May 14 2014, 08:31 PM)
US good news jor. 5 Mins, don't know what will happen. rclxub.gif  rclxub.gif  rclxub.gif
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Miaovin_cat
post May 14 2014, 09:31 PM

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Damn hit my estimated sl so near..long at 1.6757, 5mins chart looks strong to bull. Tp 30pip, sl 20.
Miaovin_cat
post May 14 2014, 10:00 PM

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QUOTE(Miaovin_cat @ May 14 2014, 09:31 PM)
Damn hit my estimated sl s: near..long at 1.6757, 5mins chart looks strong to bull. Tp 30pip, sl 20.
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Added long 1.6774, gonna be a strong bounce back based on my chart. @.@
Miaovin_cat
post May 14 2014, 11:40 PM

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QUOTE(tdoptions1689 @ May 14 2014, 10:40 PM)
Nothing much to see already. Goodnight guys, not feeling well, having flu and coughing today. Sleep tight tight. rclxub.gif  rclxub.gif  rclxub.gif
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Rest well and good night mate. smile.gif take care smile.gif

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