if i want to withdraw my profit of 300, will it include the margin profit (400 x 300) or just 300?
sorry noob question
Forex Version XV, Foreign Exchange Market Discussion
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Jun 10 2015, 02:24 PM
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Senior Member
1,602 posts Joined: Jun 2010 From: Malaysia |
i wanna ask, if i have $1000 in my fxcm account, and it profited $300 = $1300 in my account now. My margin is 400:1.
if i want to withdraw my profit of 300, will it include the margin profit (400 x 300) or just 300? sorry noob question |
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Jun 10 2015, 02:48 PM
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1,353 posts Joined: Jan 2014 From: Sunway South Quay |
QUOTE(sleepwalker @ Jun 10 2015, 12:04 AM) So just key in PBBEMYKL for Public Bank, everyone's the same if they use Public Bank, am I right?? QUOTE(old_and_slow @ Jun 10 2015, 02:24 PM) i wanna ask, if i have $1000 in my fxcm account, and it profited $300 = $1300 in my account now. My margin is 400:1. Newbie here as well , but isn't 400:1 known as leverage ? if i want to withdraw my profit of 300, will it include the margin profit (400 x 300) or just 300? sorry noob question |
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Jun 10 2015, 02:57 PM
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453 posts Joined: May 2015 |
QUOTE(old_and_slow @ Jun 10 2015, 02:24 PM) i wanna ask, if i have $1000 in my fxcm account, and it profited $300 = $1300 in my account now. My margin is 400:1. I am not sure what you are trying to say. But if you make $300, then you withdraw $300, your account would be left with $1000.if i want to withdraw my profit of 300, will it include the margin profit (400 x 300) or just 300? sorry noob question |
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Jun 10 2015, 02:58 PM
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453 posts Joined: May 2015 |
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Jun 10 2015, 03:11 PM
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1,353 posts Joined: Jan 2014 From: Sunway South Quay |
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Jun 10 2015, 03:19 PM
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1,567 posts Joined: Nov 2005 From: Ppg, Sbh. |
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Jun 10 2015, 03:21 PM
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Jun 10 2015, 03:31 PM
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Jun 10 2015, 05:06 PM
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Jun 10 2015, 05:44 PM
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Jun 10 2015, 05:51 PM
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1,353 posts Joined: Jan 2014 From: Sunway South Quay |
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Jun 10 2015, 07:03 PM
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QUOTE(old_and_slow @ Jun 10 2015, 05:06 PM) your question is too complicated, can u make it simpler? but i guess u are confuse with margin, leverage, profit & balance. U withdraw $300 it doesn't affect anything, just ur account balance reduce $300. Thats all |
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Jun 10 2015, 09:13 PM
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1,353 posts Joined: Jan 2014 From: Sunway South Quay |
QUOTE(Zanmai0146 @ Jun 10 2015, 07:03 PM) your question is too complicated, can u make it simpler? I think I know what he's trying to express .but i guess u are confuse with margin, leverage, profit & balance. U withdraw $300 it doesn't affect anything, just ur account balance reduce $300. Thats all because when you set up an account you have to fix your preferable leverage mah that means even though you have 1k USD but you can "borrow" money for higher price . so he's trying to say since he's using small amount of capital to multiply profits and losses , will it affect his take home profits ? but I think if you profit 300, and that's that . no extra |
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Jun 10 2015, 09:48 PM
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1,080 posts Joined: Oct 2010 |
QUOTE(Y.J.S @ Jun 10 2015, 09:13 PM) I think I know what he's trying to express . Not sure what ur broker offer for the leverage, my broker may offer until 1:888 and can change anytime I wan. because when you set up an account you have to fix your preferable leverage mah that means even though you have 1k USD but you can "borrow" money for higher price . so he's trying to say since he's using small amount of capital to multiply profits and losses , will it affect his take home profits ? but I think if you profit 300, and that's that . no extra Profit and balance and initial deposit doesn't related at all. U withdraw then withdraw la, won't affect anything. Even if u withdraw all, the setting still will remain same, unless your broker got T&C in between. |
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Jun 11 2015, 12:18 AM
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1,353 posts Joined: Jan 2014 From: Sunway South Quay |
old_and_slow , leverage is leverage.
I guess it wouldn't affect the calculations for the profits stated. If got extra $400, then can withdraw it without needing to multiply this or that. QUOTE(Zanmai0146 @ Jun 10 2015, 09:48 PM) Not sure what ur broker offer for the leverage, my broker may offer until 1:888 and can change anytime I wan. What the hell you talking? We were talking about leveraged profits. Didn't mention anything about balance or initial deposit or broker's T&C Profit and balance and initial deposit doesn't related at all. U withdraw then withdraw la, won't affect anything. Even if u withdraw all, the setting still will remain same, unless your broker got T&C in between. |
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Jun 11 2015, 06:48 AM
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QUOTE(Y.J.S @ Jun 10 2015, 03:11 PM) Thanks. u can hold as long u wan.. but 2 things in concern..Another very noob question : If I buy something at 1.12859 , then the market keeps on falling to 1.12600 Can I keep on holding it until the next day? 1. Margin level can hold or not..as long no margin call 2. Swap... if the position is being charge swap... then everyday u will kena swap charges |
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Jun 11 2015, 11:47 AM
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1,353 posts Joined: Jan 2014 From: Sunway South Quay |
QUOTE(9kingsir @ Jun 11 2015, 06:48 AM) u can hold as long u wan.. but 2 things in concern.. Margin call is determined by my broker, right?1. Margin level can hold or not..as long no margin call 2. Swap... if the position is being charge swap... then everyday u will kena swap charges What the hell is swap |
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Jun 11 2015, 01:34 PM
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Jun 11 2015, 09:53 PM
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1,353 posts Joined: Jan 2014 From: Sunway South Quay |
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Jun 12 2015, 12:14 AM
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