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Investment Forex Version 21, Foreign Exchange Market Discussion

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fztt
post Nov 23 2021, 08:59 AM

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Any oanda users here... since yesterday, I get 'Market is Closed' error message when I try to place or close a trade, both live & demo accounts, on MT4, anyone else facing this? Just contacted support waiting for response...
rumpelstilt P
post Nov 26 2021, 04:18 PM

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Can anyone recommend a raw spread FX broker that has server in asia? I tried octa, fast sever, but not raw spread.

Archemedia
post Nov 26 2021, 04:59 PM

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QUOTE(rumpelstilt @ Nov 26 2021, 04:18 PM)
Can anyone recommend a raw spread FX broker that has server in asia? I tried octa, fast sever, but not raw spread.
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not many brokers have asia server. Blueberrymarkets have server in Hong Kong

usually people will rent a VPS near the server location. Most fx brokers use servers in NY or LONDON
Lucas0323
post Nov 26 2021, 08:47 PM

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QUOTE(rumpelstilt @ Nov 26 2021, 04:18 PM)
Can anyone recommend a raw spread FX broker that has server in asia? I tried octa, fast sever, but not raw spread.
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Raw spread as in ecn?
Icehart
post Nov 26 2021, 11:59 PM

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Hot damn that EUR/CAD daily candle brows.gif
rumpelstilt P
post Nov 27 2021, 11:30 AM

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QUOTE(Archemedia @ Nov 26 2021, 04:59 PM)
not many brokers have asia server. Blueberrymarkets have server in Hong Kong

usually people will rent a VPS near the server location. Most fx brokers use servers in NY or LONDON
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Thank you very much for telling! rclxm9.gif Their live server is 97ms, which is really much better than most servers i've found so far. Before that, i've found Tickmill and Pepperstone to be lower than 200ms but still in the range of 100-180.

Are you a client of Blueberrymarkets? If yes, what's your experience with them?

If you do know more brokers with raw spread with servers around Asia in future, please point me to the right direction.

Thank you.
rumpelstilt P
post Nov 27 2021, 11:31 AM

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QUOTE(Lucas0323 @ Nov 26 2021, 08:47 PM)
Raw spread as in ecn?
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Yup yup. do you know any with low latency for Malaysia traders?
eddiewcs
post Dec 14 2021, 08:46 PM

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Hi, anyone use prop firm funded account trading forex? withdrawal got problem or not?
MUM
post Dec 14 2021, 08:48 PM

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QUOTE(eddiewcs @ Dec 14 2021, 08:46 PM)
Hi, anyone use prop firm funded account trading forex? withdrawal got problem or not?
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i am naive or noob in this...

mind sharing what is "prop firm"?
property firm or proprietorship firm or ???
dwRK
post Dec 14 2021, 09:13 PM

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QUOTE(MUM @ Dec 14 2021, 08:48 PM)
i am naive or noob in this...

mind sharing what is "prop firm"?
property firm or proprietorship firm or ???
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proprietary firm

they give you money to trade for them... and share some of the profits with you...
Lucas0323
post Dec 14 2021, 10:19 PM

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QUOTE(dwRK @ Dec 14 2021, 09:13 PM)
proprietary firm

they give you money to trade for them... and share some of the profits with you...
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Fuh gt high end user here.
investify P
post Dec 15 2021, 08:35 AM

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Proprietary because you need to use their strategy to trade.
GigaNano
post Dec 17 2021, 11:12 AM

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I have to let you guys know that Pepperstone is very good, no deposit and withdrawal fees, withdrawal takes only 1 day by way of Malaysian online banking transfer to your Malaysian Bank Account.

Im currently using the "Razor" account for low spreads. Im trying Ctrader on Pepperstone, using it for about 1 month and must say that performance is really good, trades execute on the spot within a split second.

Really happy with this broker, you guys should check it out, good stuff xD
Lucas0323
post Dec 17 2021, 03:31 PM

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QUOTE(GigaNano @ Dec 17 2021, 11:12 AM)
I have to let you guys know that Pepperstone is very good, no deposit and withdrawal fees, withdrawal takes only 1 day by way of Malaysian online banking transfer to your Malaysian Bank Account.

Im currently using the "Razor" account for low spreads. Im trying Ctrader on Pepperstone, using it for about 1 month and must say that performance is really good, trades execute on the spot within a split second.

Really happy with this broker, you guys should check it out, good stuff xD
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Tons out there that didn't charge deposit and withdrawal.
ilovestitch
post Dec 18 2021, 07:50 PM

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i am thinking to open an offshore bank account (maybe from SG) , and put all my trading income to that account. do i need to pay tax doing it this way?
MUM
post Dec 18 2021, 09:14 PM

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QUOTE(ilovestitch @ Dec 18 2021, 07:50 PM)
i am thinking to open an offshore bank account (maybe from SG) , and put all my trading income to that account. do i need to pay tax doing it this way?
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I read in another thread,... "Open a bank a/c in singapore"... Mentioned,.... Yr a/c maybe closed by the bank if you use it for trading....
If you bring back the profit to Malaysia next year,.. It will be taxed..
That info is also from another thread,
"Income Tax on Foreign Salary Income?, Work in Home in Malaysia."


This post has been edited by MUM: Dec 18 2021, 09:17 PM
jack2
post Dec 20 2021, 06:08 PM

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QUOTE(ilovestitch @ Dec 18 2021, 07:50 PM)
i am thinking to open an offshore bank account (maybe from SG) , and put all my trading income to that account. do i need to pay tax doing it this way?
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Singapore is offshore country?
sleepwalker
post Dec 20 2021, 08:08 PM

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QUOTE(jack2 @ Dec 20 2021, 06:08 PM)
Singapore is offshore country?
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Is Singapore a foreign country? hmm.gif

Yes... then by definition it is offshore.
RickyWong83 P
post Dec 26 2021, 02:43 PM

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QUOTE(investify @ Oct 17 2021, 09:04 PM)
I have been learning and testing the financial markets : malaysia stocks, crypto and fx since Oct 2020. Finally settling with FX due to:
1) High liquidity (a lot of movement).
2) Open 24 hours on weekdays (ie. Japan/Australia, Europe/UK and US market trading session.
3) Real time information on 1H timeframe on trading view.
Attached is my real account trading journal since Mid September 2021 (total of 83 trades) so far until last friday.
Only use 1 strategy. info like risk to reward and % risk as per the schedule.
<a href='https://pictr.com/images/2021/10/17/BGW4ml.md.jpg' target='_blank'>https://pictr.com/images/2021/10/17/BGW4ml.md.jpg </a>
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hi, can I know what trading platform that you are using? mainly for forex right?
RickyWong83 P
post Dec 26 2021, 02:52 PM

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QUOTE(cmk96 @ Oct 16 2021, 07:55 AM)
Thanks for advice... But i am not asking any.

Been FTT for 7 yrs.. I know what I'm doing.
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hi, can pls advice too what platform or broker that you using? Appreciate that, thx.

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