LiteForex has a local branch in Kelantan? Like an office with a physical presence? That's interesting because i wouldn't expect an international forex broker to have a branch based in Kelantan, of all places. I had a look at their website and they're part of Straighthold Investment Group which is based in Seychelles. I mean, why Kelantan lol, the capital city is KL.

Is there any broker that has an office in KL?

So it's free to withdraw from LiteForex? Cause it cost like 15 bucks each time you withdraw from Oanda which is kind of a rip-off. That's why i asked.

But my question is why was there an activity at that time when market's meant to be closed.

You can place an order now so when the market reopens it'll be executed straight.

how do you guys send 2 identification copies to your US broker? i assume its I/C and driving license.

I never try by e-mail before. I was pondering to scan and e-mail it.

Scan and email.

@small-jeff there is no gap for oanda users as our market opens same time in real time and you can place orders..from what i know mt4 opens their markets at 6 or 7 am but oanda opens at 5am.. that explains y there is a gap sometimes.. BUT placing orders now is out of the question as during weekends the spreads are heightened and all pairs numbers are adjusted to prevent orders during weekends... it will be adjusted to normal once market re-opens..

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Added on December 7, 2008, 12:40 pm@orangysb
withdrawing always has its charges and 15 bucks is nothing if you can trade profitably consistently.. i'm not sure about liteforex withdrawing charges BUT if it goes through bank wire there will be charges..

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Added on December 7, 2008, 12:41 pm@wookypooky
scan and e-mail it.. for me i use a camera and take picture then sent.. but of course the picture must be very detailed and clear

This post has been edited by kelvin_tan: Dec 7 2008, 12:41 PM

FYI,
oanda does't charge you fee if you withdraw 1 times within 1 month.
If more then 1 time during same month then they only charge you.

Research more b4 u said anything

Well it is costly if i intend to withdraw money weekly, it adds up to quite a significant amount in oanda.

How about you do your research before you talk?

Oanda withdrawal fees
It's stated clearly that the first withdrawal in a month is $20, any additional withdrawal is charged the fee plus another $15.
It's only free the first time if you withdraw by check and paypal the first time in a month.
And i confirmed this by asking their live chat assistant.

The next time you wanna act like a d*** you'd better get your facts right.

Oanda is interesting cause they update their quotes thru the weekend. You can even trade them if you want to pay the spread.
prices move on the weekend - where do u think that Sunday open gap comes from?
You can just select the 'Ignore weekend data' option if you want.

MNet there is no charges for oanda withdrawal IF you are requesting withdrawal by cheque which is only applicable in the US and not in malaysia. For the money to come back here it will probably be through Wire transfer which cost USD20 as mentioned.

@orangysb
There is no need to be rude to MNet. He was just stating that you should do a bit of research. Anyway if you are looking for withdrawal from a broker without any bank wiring charges I would be happy to know as well because the charges is charged by the bank not the broker. Liteforex doesn't charge any money if you withdraw from their local branch which is in Kelantan BUT their exchange rates will kill u. (Eg : deposit = rm3.70 withdrawal = RM3.50)

Hey i didn't start it, i knew what i was talking about.

Anyway i haven't withdrawn using wire transfer before, since i use paypal, but i'm pretty sure banks don't charge you for receiving money right, they only charge the senders don't they? Otherwise the withdrawal fee plus fees charged by your bank would add up to an even more substantial amount.

Not branch.
They just a IB of LF

u are charged exchange rates and also wiring fee.. thats it.. i dun know about paypal...

dunno ... its like kelvin said .. the rate ... deposit is 3.70 and withdrawal is 3.50 ...

i cant ....and i dont even see the movement on weekend on my MT4 Straighthold ..so i dunno ..

scan , edit/resize , attach to email ...


yeah .. those are their new rate ...

ok .. i dont what the heck is IB and i dont even care what it is as long i can withdraw my money ..... but here's the detail ...

Malaysia - Representative Office:
Straighthold Financial Services Malaysia
Wisma Nik Abu Bakar
420 E, 1st and 2nd Floor,
15300 Kota Bharu, Kelantan
Malaysia
Phone:
+609.741.8947
+609.741.8948
Fax: +609.741.8946

This post has been edited by coldfusionpower: Dec 7 2008, 05:09 PM

@mphpopular
dude careful on shorting USD/CAD.. after reviewing it a bit... i dont think i will be touching that pair as we discussed... not TA.. but FA..

I will short wif care. Somethin like this bah, I biased short in Daily TF.

So when I trade on m15 h1 TF, I will only pick short, long, i pick wif care.

This week, i will concentrate on long strategy. Short strategy no longer appropriate as on Monday - Thursday, not much bad reports.
On Friday, retail sales are much anticipated to short it for scalping..hehe

Share your expertise please, how does Dow tell you AU would be going up? Simply because it rose on Friday?

all break the TL alrady.

AU break yellow TL, now should aim for red tl.

EU broken also.


Attached thumbnail(s)

I'm glad i'm in this forum reading this thread haha, thanks mphpopular i just made 100 pips longing AU.

I think it's time for me to study technical analysis and not just following forums and wildly guessing hehe.

Finally you know what to do. Forums is to share opinion. My objective in forum is, I wanna see others chart. See what important point that I've missed out during my drawing. So that I wontget caught in any uncertainty.

another bullseye adam EU GU AJ all shot up like u predicted