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Forex Version 20, Foreign Exchange Market Discussion
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puremage111
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May 21 2018, 12:19 PM
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Getting Started

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Just started Forex recently
Using XM as they are around here for years as i ever start seeing their ads its like years ago
Anyone who used XM could share their experience? Or if you have any other great brokers to share?
The Pip spread is okayish on XM, but not sure on all others thing or if there's broker which can be better than XM
Kindly share
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puremage111
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May 23 2018, 07:28 PM
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Getting Started

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Hello, all the sifus
So recently i tried on XM(DEMO), the platform they offer are Metatrader 4, i am not sure if i use it correctly, but for example zooming in/out for me on phone is not really user friendly and etc
I tried OANDA after that, Demo too. The functionality of the apps is exact what i needed, kinda similar with tradingview. Two fingers too zoom, swipe right to move the chart previously, two fingers to zoom in/out for the pricing point.
Then, i am stuck now and kinda confuse on what shall i pick. Reading too much recommendations make me even harder. Then we have brokers type like MM, STP and ECN.
So, here's my questions. Me and my friends are trying to start off with real money
1) If he has only Rm1,000, i suppose picking a STP broker shall be a better choice for him because it don't charge commissions on spread but just the spread itself is bigger compare to ECN, am i right?
2) ICmarkets? Any review on this? Seems like they offer both Standard/ True ECN account
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