Based on your experience, which forex broker is credible and honest? Beside FXCM.

for me market maker or ecn it the same as long as u know how to play. i am still profiting even myself using both market maker and ecn. but i can tell u one thing never choose market maker as ur broker if u trade and hold more than 24 hours.

yes mm would widen the spread so much mean news release like oanda. system lagging it the broker server problem like hotforex will keep dc. slow fill i never had these problem be4. read review be4 u choose broker. but one thing i know MM will manipulate ur chart.

I just realized something.
If a broker can offer leverage as high as 100:1, then it is extremely likely this broker is a market maker.

Reason: At 100x leverage, if the customer has not enough money to over for sharp losing moves, the broker that pledge its own 99:1 with the banks would suffer more than the customer, in absolute term. Only a broker that is also a market maker would have no problem offering 100:1 to the customers because it knows it will not transfer the order to the exchange when the customers can lose their money in-house and the broker keeps them all.

If 400:1, then can 100% confirm is a market maker.

I heard that it's good to buy gold now, they confident that gold will go up until 1550-1600. Price below 1300 is good entry. What do you guys think ?

who confident?

Only the good ones are actually exposed to the recent swiss jolt as they had real money in the markets. They were the ones at risk. Other better ones are not reviewed as they are not in the USA like SWISS broker Dukascopy which reduced leverage on CHF positions to 1:10 back in October 2014 and warn about the 'emptyness' below the 1.20 peg.

The rest who got away unscathed are the market makers who can make up all sorts of stories to their clients and have very little risk in the market since they are not exposed like Real ECN brokers.

The only reason I do not trade with Dukascopy is because they do not use MT4, their platform is own made. Their spread is not the best around, but definitely one of the most reputable broker out there.

what happened to CHF could happen to any currency...just hope it will not happen again next time...huhuh i love to trade on CHF pair lately but lucky when the incident happened i dun make any trade...if not im also will become one of the victim....huhuhuh...

Niceeee 
Do you mind to share which broker you are using? 

I would like trying to trade forex. I have been practicing with meta trader 4 trial. There is something I'm not really sure with. What is leverage? And how could i put in real money to start trading?

Anyone could guide me?
Thanks a lot

Power la lu abang. Come teach me, can? 

Correcting my friend analysis. Its a cross pair. Rather than waste it, better share it. LOL

Hi guys,

Am doing some reading in babypips on position size. I don't quite understand the following bold and underlined area:

Ever since he blew out his first account, he has now sworn that he doesn’t want to risk more than 1% of his account per trade. Let’s figure how big his position size needs to be to stay within his risk comfort zone.

Using his account balance and the percentage amount he wants to risk, we can calculate the dollar amount risked.

USD 5,000 x 1% (or 0.01) = USD 50

Next we divide the amount risked by the stop to find the value per pip.

(USD 50)/(200 pips) = USD 0.25/pip

Lastly, we multiply the value per pip by a known unit/pip value ratio of EUR/USD. In this case, with 10k units (or one mini lot), each pip move is worth USD 1.[U]

USD 0.25 per pip * [(10k units of EUR/USD)/(USD 1 per pip)] = 2,500 units of EUR/USD

So, Newbie Ned should put on 2,500 units of EUR/USD or less to stay within his risk comfort level with his current trade setup.

Read more: http://www.babypips.com/school/undergradua...l#ixzz3PQfRAHNO
Hope sifus can decode it into a more simpler english! 

Want to give everyone a heads up with experience with FXPRO.
They hunted down my Stop Loss today after GBP news at 5:30pm!!! The ask price was never reached!
I have an order to sell gbpusd at 1.51315 and SL at 1.51724. The price was never even reach and my order was shown closed DUE TO SL...
Lost about 40 pips where i could be profit because of the GBP news.

Fcking nonsense they said they are no desk dealing brokers.

Thanks for the info. Let's say my start up capital is 100USD, what ratio of leverage would u recommend? and which apps do u recommend?

i dont think i will start with 500$ first because im still a student.. and newbie to forex.. i cant afford to lose 500$..

if i were to deposit, who do i deposit to? and how do i withdraw if i earned some money?

Thanks very much

ECB rate announcement..tricky. Last round already maintain interest rate. This round still can hold the fort, tough decision.

if they cut the the rate, then you'll see ppl dumping EUR like mad. (see what happen to CAD after the rate cut announcement)
if they don't cut the rate, then status quo (EUR still diving south, maybe going up at first after the news..then drifting to hell again...slowly)

yummy time to go in short

No idea. maybe other sifu can tell. Probably USD at that time was the only viable safe heaven..with all the CAD, CHF and EUR debacles.

Hidden message is "we will print more euro to buy bonds and assets".  You can hold to your euro but it's gonna be toilet paper like ringgit.

true grandmasters are the bankers. http://www.fxstreet.com/education/forex-ba...asy/2013/12/05/

if u know how the big boys trick the small fish. congratulation! u graduated!

haha how ur trade alr? got become better? 

stick with plan 

[attachmentid=4314202]

fuyoh! mana lu punya equity curve?

With 1:500 means your capital just + 50x more?