Hello trading,

You are an experience trader, we are branding GBtrade platform. Independent and experience will always cut cost as u mention, Had you though of new who do not get the chance to know about electronic trading? Even when they get the new , they hav to sign up for a 3 days course which will cost them Rm5000 to know what is trading in forex.  After the class, do you think they are able to apply what they learn during the 3 days? Think about the services we provide, we earning every commision with integrity,accountibily and transparency.

Manpower is every company most important asset. We are hiring as we are expending. Attending training before they are hired is compulsory as this will lower down the turnover rate of staff. Like you say not everyone can understand and proof they are worthy with just an interview. we just need our candidate to invest 3 days to know us and the product and giving them an opportunity to choose and consider if they are suitable or not to progress further inthe industry.

No fees are charge, as this is training for our new candidates. Ofcourse the training is the very basic, there are alot more to learn. That is why we hav our R&D team to provide us with latest market information. Risk mangement is very important.

After you mention about the high spread and commision charges.  Do you know we hav a fix spread that will not change. Where else those counter who hav 2-4 pips will be floating and changes. Try to count your statement profit or lost and deduct the spread. You will find it always changing. I hope the seminars and fund manager teach you this. The spread of 8 pip-16 pip are the frequent charges by international trader. Those low pip is just any attraction for those who do not realise and trade using the program.  If they dont put low spread to attract trader, do you think you will start your investment using their server? Check and you will realize.

Anybody heard this company before?---Danatama Millennium Sdn Bhd (PJ)
I just attend their interview and training, i found out the company is bit weird and might got some problems. 

Here are some weird things about the company i feel.
    1. When enter the office, there are only 3 computer over there. (They claimed the firm is still new, but it's ald start since May of 2008)
    2. The manager over there is more than their staffs. (They claimed the stuffs are out, but i never see any of staffs back to office during the 3 days training over there.)
    3. They keep on posting the vacancy for manager and other professional by offer a high pay. (Although during the training there got a lot people there during training ald.)
    4. After the interview, they vacant me without any of agreement, any formal things, and also never have basic salary. (Got company say:"I vacant you" then 2 weeks never contact back the staff?)
    5. They say they are professional, but i think overall i more pro than them. (Not joking, haha, the very basic things i know but the manager don't even know what is it, so this is so called moneyger? )

However i check all the registration and background of the company is ok.
So anybody can give advise?

Well, one of my friend invited me to the office and i talked to the person in charged in Ora Penata(in KL).

My friends went to the Danapetana(in PJ)  as well for the three days training.

Before i go straight the point, i think you should know whose reply you are reading at?

At times, people just ask a wrong question to a wrong person.

This time, i am here to testify that you at least ask a valid question and get a valid respond here.

I have no any position related to this company and i am an investor, a full time professional trader.

I think i am credible to respond on this topic.
This afternoon, my friend was so excited about her finding in this company and invited me to the interview(to fight for better compensation from this company). Before we arrived, she boosted the SYSTEM that the company provided was so and so...(amazing, wonderful , SUPER PROFITABLE...) i was curious and wonder what kind of program company provided just for free to public and GIVE YOU FREE TRAINNING IN trading.

I have never in my life get any FREE USEFUL EDUCATION from trading though and FREE PUBLIC ACCESSIBLE TRADING PROGRAM. Never and may be 100-200 years later might happen. But definitely not now.

Personally, i encountered some QUITE ACCURATE SYSTEM that is helpful. Yet it cause around 50,000 AUD for individual usage only.

So, i went for the interview to find out the truth.

Guess what. This company Ora Penata and DanaPenata and ..... are all registered agents of GBtrade.

First, my friend went to the DanaPenata's 3 DAYS FREE orientation class,40 of them(all people you can imaging, just like a pasar, anyone can go for the training for free to attend a so called professional forex trading, people from all walks of life, no insult, just imaging it.who the hell a company in business will entertain anyone anytime without a single cent paid? what do they up for?)

in the class, the CONDUCTOR told them that ORA PENATA is one of the branch. yet i got confirmation from the ora penata's person in charged in malaysia, NO, A BIG NO, they have no any relationship or whatsoever, if you really want to relate them, they are just different company, a different entity to promote for FXGBTRADE platform. that's it.

and, we asked a lot of questions, they are not under the same company, yet they are affiliate with fxgbtrade, so all the deposit or so called procedure should be same. yet, the answer we got are all contradicted. in one word, it is so fishy. they do not know what they are doing.
this scheme has a lot to tell...

just a great.... if they are a scheme, how can they make money from us then? why they are so eagle to invite us,right?

because they want to help you to make money.

right, you are right. i am not kidding. people there do make good, no, is not good, it is damn good money.

you know why?

because the commission they charged is at least 5-10 times higher than the market rate.

First, as a investor(for sure, for you to make money, you either trade by yourself or you introduce your best friends to invest)

say, your best friends believe you then they put down their hard earned money to invest (so that they support you in your business and in return they do earn from the forex trading. thats great!!!)

yet,  how much is damn good commission?
a standard "commission" we paid for forex (for professional forex trader please be aware, i am explaining all these FOREX basic staff to the public, one of them might not have any knowledge in forex trading...so some of the them i would use commonly understandable language,say instead of spread i call it commission)

in fact, MOST (i am very careful in my wording though) forex brokers do not charged "commision" when we do transaction. but they "charged" SPREAD which is commonly use commission.

a standard lot transaction for a major pair, normally, they charged 2 pips which is equivalent to $20USD or perhaps some EXPANSIVE brokers they might charged 40 USD. i WOULD SAY THIS IS VERY VERY high commiision you could pay for in the market now.

yet, how much is theseFXGBTRADE 's agent charged?

they charged you USD 160 per transaction on top of this they still charged you 8 pips*2(minimum 2 lots per entry) = 160 + 160= USD 320 per transaction.

imaging, you "invest" USD 2000 and up front no matter your trading result is (either you profit or loss) you need to pay for USD 320 = 16% of your capital.

i am not saying anything....you think by yourself... please.. it is too obvious.

just a little bit of background for myself.

i am not A AGENT. i make money by investing and trading in the market. thats mean i make profit from the market not from the commission my company charged and not from my salary. because i am an independent trader.

i post this, because i really can not sleep when i think of my friend. she do decided to take a change to invest in this company after my explanation...tomorrow morning i will tell her straight not to put money in. STRONGLY.

...CONTINUE...

ya, you might think that 16% is ok. not a bit deal as long as you make money. yes, i agree, sometime, i do make 50% ,100%  profit or more, yet please bear in mind, investor who invest in this company MOSTLY are green ( if they are as pro as i am, they would not invest here, because professional will find ways to cut cost, one of the biggest cost we incur is commission, for most, they only pay 40usd in stead of 320usd here, just think, if you are investor, which one you choose? and for your information, pro like me only pay 2usd per round trades)
again.... you all need to think twice when encounter these kind of scheme....i can foresee that this scheme will ATTACK malaysia in the coming years. BIG TIME.

Their target market is anyone who is eagle and uneducated in trading.

repeat this: he might be talking about me. yes, i am. please do not fall into this trap.

---

Added on March 4, 2009, 1:35 ami think i am a bit tired already...the last three paragraph...i miss out one sentence, yes, pro do make high returns, but not for new person. and do not think that a three days seminar will help. NO, definitely not.even people in know around, relentlessly attend all others VALID trading seminars and paid for it....and practice and buy the SUPER program and been there in few years......some still loss money...big time... some might make it few time...but talking about consistency... no not for only few years greenish. i am sorry about this. no insult. i am just to be frank and realistic. many people think of trading a simple job. no, it is not for everybody. i am just a fortunate one to get a proper chances and a proper trainning and this make me a fortune and enable me to not work for anyone. i am fortunate. but do not think that those company will provide this kind of MAGIC staff for you. even though i say that i am fortunate and lucky. yet i do work hard on it. i went for REAL and Profitable full time individual trader and successful fund manager oversea. not those COMMERCIAL and THEORY  based conductors in Malaysia or Singapore. and expected that i will make money after these lousy training. only few that i know is real yet for most to learn in a big class...u know the result. and after the seminar, the kind of review, practices, studies, loss trades you need to face.....one word, It is DIFFICULT.  please be realistic. STOP DREAMING.  people out there are taking advantage of us when we are having a HOPE... they will sell you the hope ..... yes, you will get the illusion and PAY FOR IT. because they entertain you.

please forgive me if any of my paragraph occur rude to you. when i write, i imaging that i am talking with my friend who is "on the way" ...into the trap....my heart is pain if i could not stop her from this.

good night.

care

Can anybody list out all of the so call company in a list, so that everybody can know which one is scammer.
The first one definitely will be DANATANA MILLENNIUM SDN BHD in PJ.

dont waste your time with this company , they give you lots of bullshit promisses when they dont even pay your exact commision.......

GREEN BUCK RESOURCES,KLANG  (aka danatana millenium sdn bhd)

I CALL THEM 4 THE VACANCY POSTED IN BERITA HARIAN AND I WENT 4 THE SO CALL INTERVIEW ON 2/6/09 AND A YOUNG GUY NAMED "ROY" INTERVIEWED ME. SEEMS OK BUT THE INTERVIEW WAS A QUICK ONE. HE GIVE ME A DATE 8-10/6/09 FOR 3 DAYS ORIENTATION. (4 YOUR INFO I APPLIED FOR A POST OF CLERK AND REQUEST RM2K FOR MY SALARY) WHO ON EARTH CAN GIVE U THAT SALARY FOR A CLERK BUT HE SAID NO PROBLEM. WAIT AND SEE.

DURING THE INTERVIEW I DID ASK ABOUT THE COMPANY BACKGROUND AND HE DID SAY THEY ARE ONLY CONSULTANT DEALING WITH FOREX. I SAID THAT I DONT HAVE ANY KNOWLEDGE IN FOREX OR EXPERIENCE BUT HE SAID TRAINING WILL BE GIVEN DURING THE ORIENTATION.

SO I THOUGHT I'LL GIVE IT A TRY. BUT WHEN I ASK ABOUT THEIR WEBSITE ADDRESS REASON WAS EASY FOR ME TO UNDERSTAND MORE ABOUT THE COMPANY THAT GUY CAN'T PROVIDE ME WITH THE ADDRESS. DON'T KNOW WHY MAYBE THERE ISN'T ONE OR HE SIMPLY DON'T THE ADDRESS. SO I DID SAID NEVER MIND I WILL FIND IT ON MY OWN.

TODAY 3/6/09 I RECEIVE A CALL FROM THEM SAID THAT THEIR MANAGER WANT TO SEE ME. WONDER WHY!!!! 

WILL UPDATE LATER AFTER THE MEETING....