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 Forex Version XIV, Foreign Exchange Market Discussion

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Alissa_1989
post Jan 6 2015, 02:00 PM

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Anyone know why https://www.fxprimus.com cannot be accessed now ? what is the new link for fxprimus ?
Alissa_1989
post Jan 6 2015, 02:21 PM

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QUOTE(oe_kintaro @ Jan 6 2015, 02:04 PM)
http://www.fxprimus.com appears to work
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alright, it is working now after complaint.

Alissa_1989
post Jan 17 2015, 01:57 AM

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QUOTE(highlowyat @ Jan 17 2015, 01:36 AM)
just because CHF? doh.gif
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Regarding to the CHF story yesterday ...
Anyone know will fxprimus in trouble too, since news has reported that many brokers are suffering ? I have investment in fxpirmus, scare it shut down suddenly.
Alissa_1989
post Jan 17 2015, 02:56 AM

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Supreme1394 , in forex factory, u are using the example of Alpari, which offers ECN account (or aka Pro account) and normal account. Their ECN account has made too much negative to Alpari that causes Alpari in trouble and then causes normal account holders in trouble too.

Which means a "chain reaction" has happened and then affected those innocent accounts. Am I get it correctly ?

By applying the same story, fxprimus has offered ECN premier accounts too (but not sure is that a true ECN) .
Alissa_1989
post Feb 3 2015, 04:10 PM

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QUOTE(Pinnacle1295 @ Feb 3 2015, 04:05 PM)
I really dunno. Last week I was at OCBC & enquired regarding opening a US$ Foreign Currency Account. The officer asked me the purpose & initially I told her for Equity Investment. Later I asked her whether if it is for Forex trading is it ok. Her reply was it is NOT ILLEGAL to trade forex  unsure.gif  unsure.gif
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Some banks has forex trading license in Malaysia, that why you can do trading in that bank and it is legal in that case. For those companies that do not have Malaysia forex trading license are considered illegal in Malaysia.
Alissa_1989
post Feb 3 2015, 04:15 PM

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QUOTE(Alissa_1989 @ Feb 3 2015, 04:10 PM)
Some banks has forex trading license in Malaysia, that why you can do trading in that bank and it is legal in that case. For those companies that do not have Malaysia forex trading license are considered illegal in Malaysia.
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At the bottom of this link,
http://www.bnm.gov.my/microsites/fraudalert/0203_forex.htm

you can see all the legal bank for forex in Malaysia.

Licensed onshore banks to conduct foreign currency trading in Malaysia are as follows:

Commercial banks
Islamic banks
Investment banks
International Islamic banks

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