fully support AdamG, ur winnings and losing is irrelevant to other forumers, post more information that will help in our trade.

*removed

This post has been edited by gslearning: Jul 11 2009, 03:52 PM

Gonna start an account with FXCM soon.
Already applied for the debit card from public bank.
Any advise is highly appreciated.

please take a look thru babypipsdotcom.. its advisable for u to trade virtually 1st.. and do surf forexfactory for the latest news..

GU h1 +ve divergence


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EU

Weekly :
Uncertainty. We have caught in the range since weeks ago.
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I personally discourage people from using fxcm now due to the new ruling which eliminates stop loss. The removal of stop loss begins on the 1st of August 2009.

What would u recommend then?

I've been in baby pips for the last 3 month.
learn a lot of stuff there
currently trading demo in fxcm but using the chart from ibfx

Btw any application that works on symbian phone for trading?

I'm currently using nokia 5800xm, I did asked the IBFX virtual chat and they mentioned that their MT4 program works only with windows ce based os.

open your account with fxcm UK... and NOT fxcm US

they dont have all that NFA shit..
you can hedge..stop loss or what ever the shit...

Similar Price Action developing this month compared to April.

I would recommend oanda. but oanda charting abilities suck but on the plus side the spread is SUPER LOW (I have seen spread for Eur/USD as low as 0.5 pips) and no requotes at all. I use mt4 to chart.

FXCM UK <--- yes you still have stop loss and hedging etc for this one. But not on FXCM US

Thank you, I'm testing oanda platform first.
Btw I'm planning to open with powertradefx which is under fxcm also
mini account only, I dont think the UK FXCM supports it
Nvm, now I'm testing oanda first and planning to use it

Thanks for the help.

much appreciated

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Wow, it's web based. Doesn't have a client.
Can trade at my office then.
lol
TQ TQ TQ

This post has been edited by ChingChong: Jul 12 2009, 02:07 PM

Hi, i am currently checking on fxopen, do anyone had experience with fxopen?

Just wondering if anyone has experience trading with Alpari UK. They have MT4 platform.

http://www.alpari-idc.com/

* Tight spreads from 1.8 pips
* Floating leverage - up to 1:500
* USD 200 minimum deposit
* Max open position 2 standard lots
* Minimum trade size 0.01 lot,
Trade size increment 0.01 lot
* 5 decimal price feed
* 29 currency pairs
* Telephone trading
* Unlimited access to Alpari Academy and Alpari Research

Compare to FXCM UK, any comment ?

@those wanting to open an account to trade FX
I would advice you people to open accounts with brokers that are regulated. Ensures peace of mind.

I using, so far I would rate them perfect. I like them more than any other broker, coz alpari-uk took my virgin

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Added on July 12, 2009, 7:22 pmFxopen hav one advantage and one disadvantage for me

Adv - we can use maybank online banking to fund our account, whereby transaction cost is very very very very low
Disadv - not regulated

So, if you are not trading very big, I can say fxopen is ok for you.

This post has been edited by mphpopular: Jul 12 2009, 07:22 PM

dont ever use fxopen, ikofx, instaforex.. those sure unregulated.

Erm, I hav differnt opinion with you. If you are start small, something like USD 20-50 as a learning process. You can go for fxopen as it provide maybank online banking service.

Bcoz if you juz wan to start with usd50, then you go use alpari-uk, the credit card funding process already nid you to pay USD 25 already le.

If you want to trade big, surely go for regulated.

Add-on:
and Even is the broker really wan scam your money, they also wont go scam your USD20-50. Some more fxopen is quite ok de.

This post has been edited by mphpopular: Jul 12 2009, 09:54 PM

I agree with mphpopular on his points. Funding in USD20-50 into a regulated broker usually requires wiring. Wiring fee and other administration cost will cost roughly USD25-35 in total and if ur funding such a small amount it is not worth it.

I personally agree with mphpopular . With small amount of $$, live trading experience could be gained. The maximum risk is only that few-tenth dollars. If want to trade big, of cause, I also will choose for regulated one.