lack of liquidity could mean high in volatility, but lets see.
Forex Version 19, Foreign Exchange Market Discussion
Forex Version 19, Foreign Exchange Market Discussion
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Dec 27 2016, 05:09 PM
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Senior Member
4,821 posts Joined: Mar 2009 |
lack of liquidity could mean high in volatility, but lets see.
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Dec 27 2016, 10:01 PM
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Junior Member
481 posts Joined: May 2006 |
If i use the debit card transfer money to forex account, will withdrawal automatically transfer back to bank saving account? Will there b any issue with local bank?
It is better to use credit card or it doesn't matter? This post has been edited by bcteh: Dec 27 2016, 10:06 PM |
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Dec 28 2016, 05:10 AM
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Junior Member
170 posts Joined: Jun 2015 |
QUOTE(Desmond_wch @ Dec 27 2016, 11:55 AM) QUOTE(Alissa_1989 @ Dec 27 2016, 04:57 PM) Are forex account and bank account are differently treated even though they share the same bank name ? They have a branch somewhere near KL Sentral, not sure if they have ATM but you should be able to withdraw from their branch. You can use their cards to purchase things. Forex account uses the money from the Bank account, they are linked. So, all your money is stored in the Bank account instead of the Forex account. |
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Dec 28 2016, 09:07 AM
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Senior Member
526 posts Joined: Jan 2003 From: Malaysia |
QUOTE(troller2 @ Dec 28 2016, 05:10 AM) They have a branch somewhere near KL Sentral, not sure if they have ATM but you should be able to withdraw from their branch. Ar... i see.You can use their cards to purchase things. Forex account uses the money from the Bank account, they are linked. So, all your money is stored in the Bank account instead of the Forex account. so i can have a oversea together with a trading account.. seem nice.. i did checked their website, minimum deposit is 5,000 USD. |
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Dec 28 2016, 09:08 AM
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Junior Member
89 posts Joined: Feb 2008 |
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Dec 28 2016, 09:50 AM
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Senior Member
526 posts Joined: Jan 2003 From: Malaysia |
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Dec 28 2016, 11:28 AM
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Junior Member
46 posts Joined: Dec 2009 |
Hi All -
New to this discussion thread (Sorry for the long post) Just to check - i started an account with pepperstone and transferred to them using a debit card (SGD100) from my Singapore Bank account. I did make some money and wanted to withdraw the profit (Let's say i have in total SGD150, meaning a profit of SGD50) However what i was informed was: 1) I can only withdraw SGD100(My deposit) back to my bank account 2) For the additional SGD50, i must withdraw either: - Paypal (Seems got 3% service charge) - Neteller (Also got some charges) - Skrill (Also got some charges0 - Bank Transfer, International Wire My Question: Anyone got any experience to withdraw the winnings with the least Fees? |
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Dec 28 2016, 12:08 PM
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Senior Member
2,096 posts Joined: Oct 2007 |
QUOTE(villageboy @ Dec 28 2016, 11:28 AM) Hi All - Neteller and Skrill add 3.99% conversion fee... for small withdrawal amount...its ok... SGD50 just lost SGD2 only.New to this discussion thread (Sorry for the long post) Just to check - i started an account with pepperstone and transferred to them using a debit card (SGD100) from my Singapore Bank account. I did make some money and wanted to withdraw the profit (Let's say i have in total SGD150, meaning a profit of SGD50) However what i was informed was: 1) I can only withdraw SGD100(My deposit) back to my bank account 2) For the additional SGD50, i must withdraw either: - Paypal (Seems got 3% service charge) - Neteller (Also got some charges) - Skrill (Also got some charges0 - Bank Transfer, International Wire My Question: Anyone got any experience to withdraw the winnings with the least Fees? |
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Dec 28 2016, 12:19 PM
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Senior Member
2,250 posts Joined: Oct 2009 From: Bangi : Serdang : Sitiawan |
QUOTE(villageboy @ Dec 28 2016, 11:28 AM) Hi All - Netteler is the best way. For me New to this discussion thread (Sorry for the long post) Just to check - i started an account with pepperstone and transferred to them using a debit card (SGD100) from my Singapore Bank account. I did make some money and wanted to withdraw the profit (Let's say i have in total SGD150, meaning a profit of SGD50) However what i was informed was: 1) I can only withdraw SGD100(My deposit) back to my bank account 2) For the additional SGD50, i must withdraw either: - Paypal (Seems got 3% service charge) - Neteller (Also got some charges) - Skrill (Also got some charges0 - Bank Transfer, International Wire My Question: Anyone got any experience to withdraw the winnings with the least Fees? |
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Dec 28 2016, 01:03 PM
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Senior Member
2,096 posts Joined: Oct 2007 |
QUOTE(troller2 @ Dec 28 2016, 05:10 AM) They have a branch somewhere near KL Sentral, not sure if they have ATM but you should be able to withdraw from their branch. No ATM la... its just a representative office. You can use their cards to purchase things. Forex account uses the money from the Bank account, they are linked. So, all your money is stored in the Bank account instead of the Forex account. Still need to do wire transfer to your local bank for withdrawal. |
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Dec 28 2016, 01:43 PM
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Junior Member
227 posts Joined: Jun 2016 From: penang |
QUOTE(villageboy @ Dec 28 2016, 11:28 AM) Hi All - Neteller($1 USD per withdrawal from pepperstone to neteller)New to this discussion thread (Sorry for the long post) Just to check - i started an account with pepperstone and transferred to them using a debit card (SGD100) from my Singapore Bank account. I did make some money and wanted to withdraw the profit (Let's say i have in total SGD150, meaning a profit of SGD50) However what i was informed was: 1) I can only withdraw SGD100(My deposit) back to my bank account 2) For the additional SGD50, i must withdraw either: - Paypal (Seems got 3% service charge) - Neteller (Also got some charges) - Skrill (Also got some charges0 - Bank Transfer, International Wire My Question: Anyone got any experience to withdraw the winnings with the least Fees? Paypal (No Fees But Paypal Will charge 3% if u withdraw more then the amounts that u deposit) Skrill(I never use skrill but what i heard is also same as neteller.) Sadly Neteller card is malaysia cant use ady |
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Dec 28 2016, 03:13 PM
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Junior Member
175 posts Joined: Apr 2012 |
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Dec 28 2016, 04:13 PM
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Senior Member
2,096 posts Joined: Oct 2007 |
Ringgit go down again?.... BNM tidurrrr.....
5.00 coming soon in 2017? ![]() |
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Dec 28 2016, 04:51 PM
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Newbie
4 posts Joined: Dec 2016 |
Thanks Troller, didn't know they had an office in KL. That being said, since its not a branch/subsidiary the account and money still have to sit in Europe. And unfortunately as a sales rep office, they wouldn't "talk" to BNM or tax dept if there are any queries... Guess best practice still to ensure all our trade ticket emails are kept and we have a nice paper trail for our own protection.
Villageboy: for SGD50 think better to accumulate more first... From pepperstone website looks like wire charges can be AUD20... Ugh. CMK: considered very good already lor... Could have been worse This post has been edited by happyharpinghorse: Dec 28 2016, 04:53 PM |
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Dec 29 2016, 09:16 PM
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Senior Member
669 posts Joined: Sep 2015 |
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Dec 29 2016, 09:22 PM
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Junior Member
227 posts Joined: Jun 2016 From: penang |
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Dec 30 2016, 09:08 AM
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Junior Member
481 posts Joined: May 2006 |
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Dec 30 2016, 12:46 PM
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Junior Member
79 posts Joined: Feb 2013 From: Kelantan Master Race of Peace |
anyone here knows coding, can u help tweak this ea, it doesnt work? pls this is important
http://www.forexfactory.com/showthread.php?t=503399 |
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Dec 30 2016, 09:19 PM
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Senior Member
669 posts Joined: Sep 2015 |
any one trading this year end season or all holiday mode d
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Dec 30 2016, 09:45 PM
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Junior Member
98 posts Joined: Dec 2012 |
This post has been edited by tzmon: Dec 30 2016, 09:45 PM |
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