Hi all my lowyat friend, what to ask if anybody ever use octafx copy trading as advertise on youtube? does its make money overtime? its scam or legit?

Few hundred gone in few days. Wanna play it just dump huge equity. Else just throw away the money.

If u can contact the player than it will be safe. U dont know how many slot he will open. Suddenly he add more to equity & open more slot.

You stand better odds with etoro as etoro was build with the initial purpose of copying trades. There are lots of good portfolio on etoro that you can copy.

yes, im using etoro. invest 200usd and now become 500 usd already. profit 300 usd. using copy trading. now finding other investment that workout.

owh u mean if the master trader equity 600usd , for safety side i must invest 600usd as well for safer side? or equity 600 usd , i invest 600usd. then sudden master trading guai lan increase to 1200 usd and i will lose my money due to float profit? quite danger

Then just stick with etoro.

Yup. 5 mc in a week. Im done with it.

Teach me about etoro, same as octafx?

Used octafx once. Legit in the sense that you can withdraw quite fast.

But in practice it's basically like follow other people gambling in genting. Stocks better if you don't like to see lose money

I was wondering is OctaFX legal in Malaysia?

AFAIK, forex trading is not being legalized in Malaysia.

Most people focus on broker, but I believe the real challenge would be able to maintain sustainability & consistency.

A lot of online broker and forex exchanges like octafx, etoro aren't really recognised by our SC or BNM. You wont get in trouble per se but you have to bear the risks.

Yes, the risk of having investment being frozen in these non-legalized firm is a real concern.

https://forum.lowyat.net/topic/3774126

Do your own research. Only go with tier 1 accredited broker (FCA, ASIC).
AXI also has their own copy trading and secured with Client Money Insurance.

Etoro not in the list?

Check page 1, post 1?
https://forum.lowyat.net/topic/3774126

Etoro is in one of the list

Then better avoid.

why avoid?
etoro is under which list?...
there are a few listings in page 1