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.

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Pepperstone withdraws for Malaysian has been changed. Last time, Pepperstone ONLY have International transfer which needs pay the fee for transfer fund back to Malaysia bank.

Somemore regulator is under ASIC.

P/S: I'm just sharing the "GOOD" to you. Not ask you to join IB or join under mine whatsoever.

Hi guys, need your advice . I would like to ask those who are currently using Pepperstone if they face any problems in withdrawing fund . Cause I am thinking of opening an account with them. However their recent reviews were quite negative, main complaints are about delay in fund withdrawal and huge slippage problem.  Or do you guys think that IC Marlket would be a better option ? Thanks

get 3 sub-account, lets says total capital you can afford to lose is US$1k, divide by 7

1000/7 = 142.85

first account total balance $142.85 x 1 = 142.85
2nd account total balance $142.85 x 2 = 285.7
3rd account total balance $142.85 x 4 = 571.4

1st acc only use 0.01 lot size, if margin call, continue with 2nd account etc but double the lot size and so forth, so you will be able to stay in the game. doesnt really matter if 1st acc lost all

Managed to close my UC longs on the sudden pump on Friday for some profits, holding some EU shorts with drawdown as of now (reaching resistance here, probably will add somemore) meanwhile waiting for PMI results for the rest of the day.

AUD seems to be over-streching for a start day of the week, eyeing on shorts for AU, AC and AJ.

I think AUD might go a little further up before heading south.

I'm using pepperstone. they can deposit/withdrawal using local bank

i always log in.... coz the "this" bank balance always below 1k.... transfered to it from another bank if need to deposit.

lol...