Forex Version XVI, Foreign Exchange Market Discussion
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 Jun 30 2015, 04:40 PM
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#1
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Senior Member
701 posts Joined: Jan 2011  
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SIFUS and Forex Macais,
Infant baby here who just kaotim BabyPips Elementary Lectures. At the end of the lecture, Babypips propose to start playing Demo Acc provided by a broker. Then on after few months of trading under demo account, should I then trade on real money account. Hopefully, I get to play demo account and then real money account under the sSAME BROKER. What is the latest broker that doesn't have any withdrawal issues and anything that I need to take note of? Sorry for the inconvenience... hehe  |
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Jun 30 2015, 04:57 PM
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#2
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Senior Member
701 posts Joined: Jan 2011
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QUOTE(Zanmai0146 @ Jun 30 2015, 04:49 PM) Can try xm.com refer to my signature below I will take ur recommendation. Thx! Will try it!  Btw, looking at previous forex thread version, I notice that there are some broker platform which disallow transfer money to maybank and soon other banks too. xm.com got such issues? Any particular issues that I should take note of? |
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Jun 30 2015, 05:03 PM
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#3
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Senior Member
701 posts Joined: Jan 2011
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QUOTE(carrer @ Jun 30 2015, 04:52 PM) Oanda is good too. Ahhh yes.... initially couple of weeks ago when reading forex version XV, i was considering starting up in OandaAny particular nagging issues or downside to it? Thx for recommendation |
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Jun 30 2015, 05:04 PM
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#4
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Senior Member
701 posts Joined: Jan 2011
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QUOTE(Zanmai0146 @ Jun 30 2015, 05:00 PM) No issue so far. I'm been using it for quite some time.free $30 credit for new registration. U can try grow your account with that small amount. got it! thx!U got huge question can pm me. so if I recommend friends to join this xm.com, do i get any bonus or incentive? hehehe |
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Jun 30 2015, 05:05 PM
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#5
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Senior Member
701 posts Joined: Jan 2011
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I am planning to go slow and hopefully be patient b4 starting a real money account.
Wanna learn all in babypips first or until when they think I should step in real money account, then I will go 6mths seem alright as long I finish those lectures |
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Jun 30 2015, 05:26 PM
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#6
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Senior Member
701 posts Joined: Jan 2011
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QUOTE(Zanmai0146 @ Jun 30 2015, 05:06 PM) Yes. U can go read thru. Everything is direct. So far so good. For demo pls go ahead and play. For real account. Come and consult me before u proceed. Ahhh those incentives... nice...Will show u how xm.com works. QUOTE(gxthelord @ Jun 30 2015, 05:10 PM) Any from here would be fine. I am surprise that there are broker platforms like Oanda that offers 1unit min trade??? wow! But leverage seem small...  http://www.forexfactory.com/brokers.php Ohh~~ welcome to this side of the world. ^__^  50:1yea, hope u guys are nice to me infant zai zai here |
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Jun 30 2015, 05:29 PM
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#7
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Senior Member
701 posts Joined: Jan 2011
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Zanmai0146 Sifu!!!
Seem like XM.com is from cyprus. Are there any bad financial issues currently in cyprus? any risk of country going down or negative? The average spreads seem nice in forexfactory... |
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Jun 30 2015, 05:44 PM
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#8
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Senior Member
701 posts Joined: Jan 2011
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QUOTE(Zanmai0146 @ Jun 30 2015, 05:41 PM) No problem so far. My circle all withdraw everyday. But there's some trick I'll need to tell u. So demo now don't give a damn. When u got into real trading, then only come consult me. Noted with thanks  |
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Jul 1 2015, 12:05 PM
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#9
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Senior Member
701 posts Joined: Jan 2011
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QUOTE(jack2 @ Jul 1 2015, 12:01 PM) Not sure. That is what he posted in his previous posts... Err... I dunno what is happening. I am sitting on the fence. Message in this forex thread seeking advice from Forex Sifus here and Zanmai recommend me XM.comXM - google out about XM scam or alert... I didn't say XM is scam but a pro trader won't use such broker... Looking at Forexfactory, seem pretty good to me Why the hostility? Care to share? I am infant forex player here. Just done elementary babypips lectures and planning to go demo account as suggested by babypips. Will do it for 6mths with enough patience. |
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Jul 1 2015, 12:19 PM
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#10
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Senior Member
701 posts Joined: Jan 2011
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QUOTE(jack2 @ Jul 1 2015, 12:13 PM) \ I check it, the rebuttal by XM.com administrator seem legit. Seem there are traders who abuse their trading or didnt follow whatever. The XM admin seem responsive to also investigate what is happening and ask trader to provide ID details and etc.http://www.forexpeacearmy.com/forex-forum/...-profits-4.html Again, I didn't say they scam but a pro trader won't use such bucket shop broker  Seem legit to me... such as below. QUOTE Dear Kirst1, Following a thorough investigation of your trading account, it has been concluded that the transactions carried out in your account were aimed at exploiting price latency arbitrage opportunities on our Company’s trading platform and at taking advantage of the internet delays which do not reflect the market rates at the time your trades were executed. This was achieved through the use of artificial intelligence software that allowed you take advantage of inefficiencies in pricing. We sent you a request asking to stop using this software but you have failed to comply and continued exhibit the same trading patterns that we consider to be abusive. At this point, we had no other option but to terminate your account. Kind regards, Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.) And sorry, I dun get what you mean by bucket shop broker... Care to enlighten? This post has been edited by TheReaderReads: Jul 1 2015, 12:19 PM |
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Jul 1 2015, 02:03 PM
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#11
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Senior Member
701 posts Joined: Jan 2011
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QUOTE(Zanmai0146 @ Jul 1 2015, 12:32 PM) I think I had clearly mention about it, u wan I special drive down all the way from KL to Penang. Of course I'll need u take least 2hrs. Why should I waste my time just for you alone? Yup, legit reasoning Anyway, I'm not born for u alone. I got better things to do.  |
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