Hi bro, what are example of local IB you meant?

It's a good way to avoid BNM. Also taxes if any.
I am looking for a reliable IB from a reliable broker.

im using tickmill, spread very low
deposit and withdrawal using local depositor
but rate quite high... 4.5 for deposit and 4.3 for withdrawal

yup, based on current exchange still profitable but provided one time deposit but multiple withdrawal laa... hahahahahaha

Hi All,

Does anyone heard of XM trading group and also payment gateway Netteller

XM trading group - https://www.xm.com/about

Netteller - https://www.neteller.com

Question
1. Is it safe and reliable to use XM as a platform for forex trading?
2. Is it safe to use Netteller as a payment gateway?

There is a lot info at google, but i would like to know if anyone at here have personally experience it and share their advise.

Thanks

Guys, one noob question here...
What supporting documents you guys provide for the broker to validate the account? Feeling not safe for provide ic, but utility bill still okay for me.

hmmm...at Malaysia not very much people trade forex.
dont ever think you could make a fortune @ forex trading in the 1st 2 years.

ive been trading 3 years..burned multiple accounts (loss 8K USD)
1st year pure loss
2nd year ive started to go for classes n lessons, but still i make losses most of the time (emotional at times)
3rd year only i become a stable trader(not profitable yet)

Ive learnt in a hard way to become independent

ive actually joined some group overseas from the learning Class, i just notice most people are just waiting for the teacher/guru signals instead of trading their own, when the teacher fail continuously they they started to doubt, then the teacher started to win they doubt again, when the teacher in a losing trade they went in the losing trade, when teacher start to win they stay observe.
lol....is like a dead loop~n i was 1 of them  

Hi all sifu:

I would like to know in order to fund from local bank to forex broker eg IC Market, Pepperstone etc, what channel you guys usually use without blocking from bank?

U mean the profit earned cannot be withdraw to the card?

yeah but what about withdrawal? can't use skrill for that right?

erm dude.. u are trying to say that your forex broker can hack the bank?

Hi all expert here,

I am a newbie in forex trading. had opened up 2 account last month with 2 different broker but the account no more active caused lost all the money (few hundred USD). I can see there is opportunity to make money trading forex. My question is what is the best way to transfer money back to my Malaysia's bank acocunt from foreign broker. I deposited money to my trading account using credit card and according to them the withdrawal will send to my credit card account. I did consult my credit card banker and they said credit card cannot use to receive fund. I am not sure they will reject the transaction or not. I also find out another way of transferring money, it is via paypal. I had setup my paypal account and can send or receive money from my banker and also funding or withdrawal from the broker account. The problem is the commission is too high. Paypal charge commission receive and send payment which meant i got to pay 2 times commission to withdraw money from broker to my Malaysia bank account. Please guide me on this matter. Appreciated with thanks.

How? It seems don't support Malaysia (MYR)

Yes, using PC. It does support MYR?

How about debit card?

anyone use skrill or neteller?? u guys set the currency to usd?

Correct me if i am wrong, We sell to buyer who want our USD, and they transfer MYR to us?

My question is where to find the buyer? and which exchange platform are we referring for exchange rate?

Thanks

pm sent