Hi guys!

I am new here in Forex. As far as I know, Forex is not legal in Malaysia but there you go, you guys are doing fine now and making some money out of Forex. I would like to do some investment in both Stocks and Forex but Forex grab my attention more. Just like Stocks, they have brokers. Can anyone suggest some reliable Forex broker in terms of cash in and out and etc? You can list out 1 or 2 of it so that I can do some research on them.

P/s: This question might be raised out by someone before in this group but I would rather know the answer by asking again than reading all the versions. I am new in this forum as well.

Your guidance is very much appreciated by me and other beginners out there.
Thanks!

Em... I might start off with 2-3k and then slowly go up the chart. anyone can suggest a broker that overall is user friendly and easier to handle and also cost effective in term of cash withdrawer and etc? if there is a good broker that might need a bit extra capital, can let me know too as I dont mind to invest a little more in it since this is an investment

sorry to hear that but that is quite a sad case to see... but I am using the Demo account now and has been with it for almost a month now while doing some research and studies on chart analysis. usually can get 10-20pips whenever I try the Demo in that day. I still havent really got the full confidence yet but I would like to know what is the choices I have now. Hopefully in the next 2-3months, I can start an account.

So, any ideas on the broker guys??

I see... Thanks for the info. I do understand n heard some of the story that many did successfully in Demo but then failed when doing it Live. Maybe is due to the emotions when v r playing with real money that is why.... that's why many of them says that come out with the capital which you are ready to loss; not thinking on how much you are going to loss...

Any tips on how and when i should starts? And then again, any good suggestion on Forex brokers in Malaysia?

What is the best leverage to start with for a beginner? So we Malaysian use USD as account base currency? any suggestion and tips on what kind of account I should go for?

Thanks!

GBP/JPY
all of the sudden spike so high... losing hundreds... luckily on Demo now.. see, shit happens sometimes..

every pair currency with JPY spike up... is this because of this news? losing so much now... like said, just hope it become green then close it fast fast, forget about the TP...
http://www.bbc.com/news/business-35436187

Thanks for your suggestion... I think you are right... all i can do is reduce the loss. but is way too much the losing.. i'll have to keep my patient and wait for the right moment to stop the order... Thanks for sharing

Thanks for da info again! You guys Sifu very helpful. Can explain more on the Forex Calendar? I Googled it and it seems like a report for us on the news regarding Forex all around the world... M i right?

Question on SL... is there any minumum pips to set da SL? the last time i tried, i set SL 5 pips lesser but it wont allow me to do so... sorry, beginners always ask for noob questions...

Thanks in advance!

Betul cakap hang... I have 2 pairs with JPY currency in it losing 100-200 pips now due to da sudden spike up last week.. my mistake for not putting SL. now i learned to put SL so that i wont be losing 100++ pips. for now, just leave it there to swing up/down... kang dapat profit, cepat2 stop kan dia. profit $1 pun jadi la...

What do you guys think on da GBP/JPY? I was losing 300+ pip a few weeks ago due to spike.. now im losing only 30+ pips.. u think i should keep holding this until i profited or stop this order? imagine that week i was losing like $300+, now losing like $20+... lucky for me that i waited it to drop..

how long already u started with real money? u started with small amount or money when u play? i still a newbie on Demo now. has been a month since i started... wanted to learn more things too before i start with real money. which broker r u using btw?

Hi guys. Quick question... I'm using XM demo at the moment. I've tried to use buy/sell stop/limit a few times and everytime it hit the limit, it canceled off and appear in the History with no transaction happened. Can anyone knows y? Is it because I'm using Demo? It happens 4 times already and all hit my TP...

hemm... guess i should try with a smaller lot. I have been using 1-2 lots for stop/limit. but how does it effect the system? urs is that way too?

oh ya... why didn't i thought of that... now i know why. i forgot that i got 1k fund only... lol. Thanks sifu!

Guys. Just wondering, how long does it takes for the forex market to react after the release of some big news (eg. using forexfactory calendar)? i realised some take a few hours to react in forex chart...

nice one!! broke the previous support resistance at 0.7574. should go all the way down. let's see if v can gain some profit out of it

kadang2, kita ni perlu kan sikit sikit luck. kalau lain kali dah lupa buy/sell kat real account, kena 300pips, itu rezeki la... haha. btw, u using real account n demo too? how r u doing in ur real account now since u 1st started?

it might short back as it seems to struggle at da previous support/resistance line and also reached the Fibo 0.618 resistance line... wait for awhile more to see if is a good time to sell or buy if it continue to shot up...

how to know if we can really trust them on this? anyone really tried them before? I mean, it could b a scam and they run with that money after 2-3 months after a group of ppl pay them da money right? anyway, relying on ourselves is better if u can make some profit out of it daily... right?