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 How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker

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dwRK
post Apr 20 2022, 08:35 AM

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QUOTE(Lucas0323 @ Apr 19 2022, 11:22 PM)
How frequent u guys trade? Once a day etc.
I think im addicted.
*
for them guys is business... full time job I would think biggrin.gif

my addiction too... but I trade only when in the mood... hehe...

Lucas0323
post Apr 20 2022, 01:51 PM

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QUOTE(dwRK @ Apr 20 2022, 08:35 AM)
for them guys is business... full time job I would think biggrin.gif

my addiction too... but I trade only when in the mood... hehe...
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Roughly how many times in a month?
dwRK
post Apr 20 2022, 02:09 PM

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QUOTE(Lucas0323 @ Apr 20 2022, 01:51 PM)
Roughly how many times in a month?
*
you should decide what type of trading suits you best, vis-a-vis your risk appetite and time availability... so decide on scalping, intraday, swing or position trades...

myself prefer swing/position trades, each trade can take days to weeks... i also like to catch s/r pivots and not trade the trends... if busy or tired i don't trade at all... if i scalp, can do 10-15 trades an hour...

no right or wrong number... just do what is comfy and available to you...
Equity
post Apr 20 2022, 04:24 PM

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From: Penang



QUOTE(dwRK @ Apr 20 2022, 02:09 PM)
you should decide what type of trading suits you best, vis-a-vis your risk appetite and time availability... so decide on scalping, intraday, swing or position trades...

myself prefer swing/position trades, each trade can take days to weeks... i also like to catch s/r pivots and not trade the trends... if busy or tired i don't trade at all... if i scalp, can do 10-15 trades an hour...

no right or wrong number... just do what is comfy and available to you...
*
thumbup.gif
anudora
post May 9 2022, 11:27 AM

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Is there any broker that offer Malaysian with FCA regulated account??
Most of the broker will direct Malaysian to Vanuatu, Seychelles, St. Vincent, Belize regulated account.
FCA regulated only for EU or UK citizens.
Any broker that give the option for Malaysian to choose for FCA regulated account???
I know City Index can give such option because I got one but now I want to change broker. Any other option?
Equity
post May 9 2022, 10:28 PM

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QUOTE(anudora @ May 9 2022, 11:27 AM)
Is there any broker that offer Malaysian with FCA regulated account??
Most of the broker will direct Malaysian to Vanuatu, Seychelles, St. Vincent, Belize regulated account.
FCA regulated only for EU or UK citizens.
Any broker that give the option for Malaysian to choose for FCA regulated account???
I know City Index can give such option because I got one but now I want to change broker. Any other option?
*
What are the leverage you looking at?
anudora
post May 10 2022, 12:58 AM

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QUOTE(terrytan @ May 9 2022, 10:28 PM)
What are the leverage you looking at?
*
I trade very conservative. I know FCA limit to 1:30 for retail. 30 is more than enough.
But I am unable to find broker that offer FCA for Malaysian.
The moment you say Malaysia ===> BVI or Seychelles or other tier 4 forex regulation.
I had been live chatting with many broker already.
I think Admiral offer the option but I cannot connect to the website without using VPN. MCMC blocked it??? I also donno what is the problem.
Maybe will have to settle with Bahamas one.
How is FXPro, anyone using?

This post has been edited by anudora: May 10 2022, 02:02 AM
Equity
post May 10 2022, 04:36 PM

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QUOTE(anudora @ May 10 2022, 12:58 AM)
I trade very conservative. I know FCA limit to 1:30 for retail. 30 is more than enough.
But I am unable to find broker that offer FCA for Malaysian.
The moment you say Malaysia ===> BVI or Seychelles or other tier 4 forex regulation.
I had been live chatting with many broker already.
I think Admiral offer the option but I cannot connect to the website without using VPN. MCMC blocked it??? I also donno what is the problem.
Maybe will have to settle with Bahamas one.
How is FXPro, anyone using?
*
I will share a few brokers to you that can accept Malaysian on UK FCA based on T&C.

ForexVox (ValuTrades UK FCA)
https://client.forexvox.com/register/live?_...ource=affiliate

30:1 if classified as retail, up to 500:1 if classified as a pro (but has a cap on amount can deposit then it drops to 200:1 if balance over 50k)


anudora
post May 10 2022, 07:02 PM

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QUOTE(terrytan @ May 10 2022, 04:36 PM)
I will share a few brokers to you that can accept Malaysian on UK FCA based on T&C.

ForexVox (ValuTrades UK FCA)
https://client.forexvox.com/register/live?_...ource=affiliate

30:1 if classified as retail, up to 500:1 if classified as a pro (but has a cap on amount can deposit then it drops to 200:1 if balance over 50k)
*
Thanks. I will look for it. thumbup.gif

Equity
post May 10 2022, 10:05 PM

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QUOTE(terrytan @ May 10 2022, 04:36 PM)
I will share a few brokers to you that can accept Malaysian on UK FCA based on T&C.

ForexVox (ValuTrades UK FCA)
https://client.forexvox.com/register/live?_...ource=affiliate

30:1 if classified as retail, up to 500:1 if classified as a pro (but has a cap on amount can deposit then it drops to 200:1 if balance over 50k)
*
Another UK FCA broker - Varianse for your consideration. Malaysian can trade under UK FCA.

https://clients.neuron.varianse.co.uk/regis...c0879c71b5db5c/

You can apply as professional trader inside the portal for higher leverage.

This post has been edited by terrytan: May 10 2022, 10:22 PM
anudora
post May 11 2022, 10:06 PM

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QUOTE(terrytan @ May 10 2022, 10:05 PM)
Another UK FCA broker - Varianse for your consideration. Malaysian can trade under UK FCA.

https://clients.neuron.varianse.co.uk/regis...c0879c71b5db5c/

You can apply as professional trader inside the portal for higher leverage.
*
I had a chat with Varianse. Problem is USD40 for withdrawal fees. Wow so expensive sweat.gif .

ForexVox seem good.
Do you have any experience with both of this broker?
What broker do you use?
Equity
post May 11 2022, 10:10 PM

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QUOTE(anudora @ May 11 2022, 10:06 PM)
I had a chat with Varianse. Problem is USD40 for withdrawal fees. Wow so expensive sweat.gif .

ForexVox seem good.
Do you have any experience with both of this broker?
What broker do you use?
*
I used many brokers.

You can try ForexVox, decent spreads and fees. The commission also lower if compare to Varianse.
barca96
post May 11 2022, 11:25 PM

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Hi, a friend asked me to help register my name only for UnitedFX or TriumphFX. One of these 2. I don't need to put money in. Just register as a member to help my friend achieve target or something.

Will I get into trouble should anything happen to that company (even if I didn't put in any money)?
anudora
post May 12 2022, 12:19 PM

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QUOTE(terrytan @ May 11 2022, 10:10 PM)
I used many brokers.

You can try ForexVox, decent spreads and fees. The commission also lower if compare to Varianse.
*
Ia am on ForexVox demo. They have tight spread for forex and gold but a surprisingly large 139 tick spread for SPX500.
That mean I am unable to trade SPX500.
Maybe I need to used another broker for SPX500.


TSDrFX
post May 12 2022, 09:23 PM

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QUOTE(barca96 @ May 11 2022, 11:25 PM)
Hi, a friend asked me to help register my name only for UnitedFX or TriumphFX. One of these 2. I don't need to put money in. Just register as a member to help my friend achieve target or something.

Will I get into trouble should anything happen to that company (even if I didn't put in any money)?
*
Stay away from the drugs if you can.
Equity
post May 14 2022, 04:09 PM

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QUOTE(anudora @ May 12 2022, 12:19 PM)
Ia am on ForexVox demo. They have tight spread for forex and gold but a surprisingly large 139 tick spread for SPX500.
That mean I am unable to trade SPX500.
Maybe I need to used another broker for SPX500.
*
Is this a main product you wants to trade? If so the broker could make some changes but you’d trade to future contract.

Also your are on demo spreads, which are pretty generic.
Poksilap
post May 16 2022, 04:58 PM

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This thread is mentioned by an Indonesian Youtuber in his video about Triumphfx. (I cannot post the link here because my account still not enough star, you could search yourself, the video's name is EOB INFINITY FUND MANAGERNYA TRIUMPHFX by LetMeShare)
Sherman Kong
post May 16 2022, 10:29 PM

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QUOTE(Poksilap @ May 16 2022, 04:58 PM)
This thread is mentioned by an Indonesian Youtuber in his video about Triumphfx. (I cannot post the link here because my account still not enough star, you could search yourself, the video's name is EOB INFINITY FUND MANAGERNYA TRIUMPHFX by LetMeShare)
*
Mind to share what he mention? My bahasa not good lol
SUStonewow
post May 19 2022, 12:59 AM

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lately two champion maximum promote on socmed.

Yang Ariff

dato Jamil Baharom


so whats up with them? any idea?
Equity
post May 19 2022, 01:49 AM

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From: Penang



QUOTE(tonewow @ May 19 2022, 12:59 AM)
lately two champion maximum promote on socmed.

Yang Ariff

dato Jamil Baharom
so whats up with them? any idea?
*
What's that? Web site?

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