Anyone tried to use onshore bank to do forex trading, please share the experience and differences between using onshore bank and offshore broker?
Investment Forex Version 21, Foreign Exchange Market Discussion
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 Jan 4 2020, 08:15 PM
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#201
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623 posts Joined: Jun 2009 
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Jan 4 2020, 09:52 PM
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Senior Member
6,230 posts Joined: Jun 2006 
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QUOTE(ilovestitch @ Jan 4 2020, 08:15 PM) Anyone tried to use onshore bank to do forex trading, please share the experience and differences between using onshore bank and offshore broker? afaik...onshore bank forex only for the very rich with private bankers to do long term hedging...not really for active trading |
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Jan 5 2020, 02:02 AM
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#203
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20 posts Joined: Jul 2019
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QUOTE(Fork @ Jan 4 2020, 06:59 AM) Profit booked... Lol. Pukat. |
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Jan 5 2020, 10:20 AM
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#204
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Senior Member
1,102 posts Joined: Jul 2008 From: Kuala Lumpur
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QUOTE(Fork @ Jan 4 2020, 06:59 AM) Profit booked... FuuuhhhHow much u gain bro if u dont mind |
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Jan 6 2020, 07:10 AM
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#205
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157 posts Joined: Sep 2010
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super goldbug confirmed...
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Jan 6 2020, 07:19 AM
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#206
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157 posts Joined: Sep 2010
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QUOTE(aral3005 @ Jan 5 2020, 10:20 AM) Fuuuhhh How much u gain bro if u dont mind  |
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Jan 6 2020, 12:36 PM
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#207
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Senior Member
1,102 posts Joined: Jul 2008 From: Kuala Lumpur
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QUOTE(Fork @ Jan 6 2020, 07:19 AM) Great trader u are |
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Jan 8 2020, 07:38 AM
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#208
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1,102 posts Joined: Jul 2008 From: Kuala Lumpur
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Gold really will go up this year
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Jan 8 2020, 08:03 AM
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6,230 posts Joined: Jun 2006
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anyone going to rhb cny dinner next Tuesday?
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Jan 8 2020, 09:09 AM
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Junior Member
124 posts Joined: Oct 2019
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QUOTE(dwRK @ Jan 8 2020, 08:03 AM) anyone going to rhb cny dinner next Tuesday? nope.. can extend invite?  |
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Jan 8 2020, 10:02 AM
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Senior Member
1,678 posts Joined: Sep 2006 From: Penang
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QUOTE(mrbigggyyy @ Jan 8 2020, 09:09 AM) nope.. can extend invite? free for all?need invitation ? |
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Jan 8 2020, 09:16 PM
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Senior Member
6,230 posts Joined: Jun 2006
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QUOTE(mrbigggyyy @ Jan 8 2020, 09:09 AM) nope.. can extend invite? may gatecrash an extra seat...lolQUOTE(paogeh @ Jan 8 2020, 10:02 AM) free for all? banker invitationneed invitation ? |
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Jan 9 2020, 12:45 AM
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#213
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157 posts Joined: Sep 2010
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Jan 10 2020, 02:40 AM
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Junior Member
86 posts Joined: Jul 2010 From: Kota Kinabalu
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Hi can i know minimum how much i need to deposit to start the game? Want to know if FBS is eligible for any amount or how.. Sorry is been long time 5 year i didnt touch forex.. thanks all the sifu..
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Jan 10 2020, 08:55 AM
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#215
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Senior Member
2,096 posts Joined: Oct 2007
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QUOTE(dwayne817 @ Jan 10 2020, 02:40 AM) Hi can i know minimum how much i need to deposit to start the game? Want to know if FBS is eligible for any amount or how.. Sorry is been long time 5 year i didnt touch forex.. thanks all the sifu.. Recommended at least usd500... Any broker. |
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Jan 10 2020, 11:05 AM
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#216
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Junior Member
87 posts Joined: Aug 2019
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QUOTE(dwayne817 @ Jan 10 2020, 02:40 AM) Hi can i know minimum how much i need to deposit to start the game? Want to know if FBS is eligible for any amount or how.. Sorry is been long time 5 year i didnt touch forex.. thanks all the sifu.. It depends on your goal- If you want "live practice" $100 would be sufficient, don't burn cash when you aren't profitable yet - If you want to make $500 per month, evaluate your trading system first, how much does your trading system generates? If your system can make 100% consistently a year, you'll need $6,000 capital. If it's 20% consistently per year, you'll need $30,000. Find your GOAL first, then depending on what your goal is, form a system that are able to achieve those goals. Most people do system hopping because they don't understand what they want, they just want quick and easy and just to earn money, You want a stable 20% return a year system? or you want a system that can give you 20% every month. Form a system that fit your goals, back-test and get 5 years of data to make sure it's profitable only then you determine your deposit amount. This post has been edited by TradeMinim: Jan 10 2020, 11:06 AM |
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Jan 10 2020, 02:01 PM
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#217
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Senior Member
2,250 posts Joined: Oct 2009 From: Bangi : Serdang : Sitiawan 
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QUOTE(dwayne817 @ Jan 10 2020, 02:40 AM) Hi can i know minimum how much i need to deposit to start the game? Want to know if FBS is eligible for any amount or how.. Sorry is been long time 5 year i didnt touch forex.. thanks all the sifu.. FBS minimum as low as 1$ .  |
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Jan 10 2020, 02:50 PM
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Senior Member
4,503 posts Joined: Jun 2008 From: The Far Away Venus Status: Being Insua-fied 
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QUOTE(TradeMinim @ Jan 10 2020, 11:05 AM) It depends on your goal Good insight. - If you want "live practice" $100 would be sufficient, don't burn cash when you aren't profitable yet - If you want to make $500 per month, evaluate your trading system first, how much does your trading system generates? If your system can make 100% consistently a year, you'll need $6,000 capital. If it's 20% consistently per year, you'll need $30,000. Find your GOAL first, then depending on what your goal is, form a system that are able to achieve those goals. Most people do system hopping because they don't understand what they want, they just want quick and easy and just to earn money, You want a stable 20% return a year system? or you want a system that can give you 20% every month. Form a system that fit your goals, back-test and get 5 years of data to make sure it's profitable only then you determine your deposit amount. I first came across your profile in Forex Factory long long time ago before you became a commercial member. If I am not mistaken, you trade mostly gold. Anyway, what caught my attention here is not your post but the web design of your website. It's really nice. Where did you get it done if you don't mind me asking. |
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Jan 10 2020, 03:01 PM
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#219
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Junior Member
124 posts Joined: Mar 2009
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QUOTE(demolationz @ Jan 10 2020, 02:01 PM) FBS minimum as low as 1$ . Bro do they have loyalty points like XM? If not, you know any other broker that have? |
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Jan 10 2020, 05:56 PM
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Junior Member
86 posts Joined: Jul 2010 From: Kota Kinabalu
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QUOTE(TradeMinim @ Jan 10 2020, 11:05 AM) It depends on your goal Alright thanks for the good advice. I hope i can stick with one system for live practice.- If you want "live practice" $100 would be sufficient, don't burn cash when you aren't profitable yet - If you want to make $500 per month, evaluate your trading system first, how much does your trading system generates? If your system can make 100% consistently a year, you'll need $6,000 capital. If it's 20% consistently per year, you'll need $30,000. Find your GOAL first, then depending on what your goal is, form a system that are able to achieve those goals. Most people do system hopping because they don't understand what they want, they just want quick and easy and just to earn money, You want a stable 20% return a year system? or you want a system that can give you 20% every month. Form a system that fit your goals, back-test and get 5 years of data to make sure it's profitable only then you determine your deposit amount. |
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