Hi there. Anyone here using XM Forex ?

I open an account with XM Forex. Pump in 2700usd. After some few trades now my current account is 4275.74usd.

During the deposit, i use 2 credit card.
1. Maybank VISA = 1700 usd
2. CIMB Mastercard = 1000 usd

My question is, how do i withdraw money? From Maybank Visa or CIMB Mastercard.
For your info my CIMB & Maybank credit card limit is RM5,000 each.

Now when i check my Maybank Credit Card in Maybank2u, it stated i have debt in my credit card for RM4500 (roughly).

Meanwhile my CIMB have limit available, RM3500 and 'Outstanding Balance' -RM2000

I assume my profit i can withdraw is RM2000 ? I want to withdraw all my capital which is 2700usd and only trade forex from my profit.

Anyone can assist ?

my good fren.... answer to fundamental is not as easy....

All this fundamental stuff is super complicated plus if u r not economic student b4..

Actual > forcast-=good currency.. is very basic stuff...

there is 3 things as i have observed through my years watching..

1. during big news - sometimes it happen half hour b4 release news..sometimes on the dot...sometime halfhour later
2. there is 3 facts can b observe-example.. actual < forecast but better than previous.. can be downward abit then upwards
3. sometime its good news but the trend went all the opposite way ( market manipulation)

just my 1cents

Think of market maker brokers as genting

U think genting will allow u to win non stop? Lol

Yup I do (on average consistent 20% per month) but I have my own secret ways to work around their tricks

Anyway, in general I would suggest u to go to forexpeacearmy

They have users review. That may help u find what u need

Global prime

They are liquidity provider, which means they do not have any financial gain if u lose money

Only downside, their leverage is low (1:200)

Newbie here, want to ask, if only can withdrawal RM1000 back, how to withdraw the rest of profit portion? in my case, i plan to trade using Oanda.

For me trading news is always dangerous.,. but i've  seen people who trade high impact news n yet profit from it.
Most of them use the sling shot strategy . especially on NFP & PMI events. But the risks it carries are with brokers.. during these events .. the spreads widens. with this risks are with your stop loss.
During these news u can check  out the live streams from fx street, he will give u alot of hints.

https://www.youtube.com/watch?v=l8xIysHDQmg

High Spreads!!Floating all the time..  More benefits for IB! Just like XM, Haha maybe they realized the Fx thread is alive back