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Forex Trading Broker
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simck001
Senior |
16-Jun-2008 22:27
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U may want to refer to the following links: http://www.phillipfutures.com.sg/whatsnew/POEMS%20Mini%20FX%20User%20Guide.pdf |
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simck001
Senior |
16-Jun-2008 22:20
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Honestly, I don't know the answer. However the system does have a "stop" order. And I don't know how to use it to my advantage. 
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iPunter
Supreme |
16-Jun-2008 21:08
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How to trade away from the PC without stop-loss function???
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simck001
Senior |
16-Jun-2008 19:59
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My humble opinion only: 1. The PIP spread is wider. 2. Commission is charged for each transaction (prob miniForex only). 3. There is no stop loss or take profit function. 4. The currency for transaction is US$ and interest would kicks in once transaction is done. I could be wrong. Correct me if u find any errors. |
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iPunter
Supreme |
15-Jun-2008 17:48
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Any 'high views' (gao jian) on POEMS forex platform?...  |
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OneSharer
Veteran |
15-Jun-2008 15:36
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Guys, thank you for the comments, Qs & As. Seems like there are more things to consider when it comes to opening a FOREX acct than stocks. |
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simck001
Senior |
15-Jun-2008 15:33
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Does IGMarkets give alerts via e-mail? |
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tabbykat
Member |
15-Jun-2008 15:12
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SAXO charges US$20 plus spread for mini contracts. If you put on a trade for 1 mini of GBP/USD, immediately you are down by US$23. That means your trade need to gain 23pip before you can make a profit. Try IGMarkets. No comm. They also offer great charting tools. |
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simck001
Senior |
15-Jun-2008 11:37
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Any opinion on SAXO? Thanks in advance. |
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cashiertan
Elite |
15-Jun-2008 06:49
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no need to hit head, u can do demo trades on mt4 to practice till u happy before go Live trading. |
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OneSharer
Veteran |
13-Jun-2008 10:20
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?? 
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cashiertan
Elite |
12-Jun-2008 23:47
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Also IBFX used to be the best but no longer the best Mt4 brokers? why simple? beginners usually used IBFX as it is mostly recommended by the beginner forex course teachers and forex ebooks . however, Live traders are leaving ibfx for certain reasons which DEMO account users doesnt know. |
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cashiertan
Elite |
12-Jun-2008 23:44
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Real TRader dun use MT4. reasons? u will know will you become pros. Not saying all traders dun use mt4 but most real traders dun trade wih MT4. they simply use it for charting. Usually new forex beginner uses MT4 and doesnt know why most Real Traders don't. It is one of the way how u tell a beginner from the seasoned ones.. |
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OneSharer
Veteran |
12-Jun-2008 15:07
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Wow! iPunter, what nice things to say! They must have really impressed you. |
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iPunter
Supreme |
12-Jun-2008 13:37
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I particularly enjoy using MT4 (with Interbankfx)... |
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elfinchilde
Elite |
12-Jun-2008 12:50
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heya, you can take a look at FXCM, metatrader or Ig markets. the last offers free 2 week demo; the system is web-based--so you can try it out for yourself without having to download stuff: http://www.igmarkets.com.sg/cfd/demo.html?ct=h the commission that is charged is the pip spread between the buy/sell price, so it entirely depends on which pair you are playing, and what your broker is willing to give. if you're a normal account, then standard commission will be 2-3 pips for the most common pairs: Euro/US, US/JPY, Euro/JPY. etc. If you're trading exotic pairs like the GBP/JPY, the pip spread can be as much as 8-9. cheers and good luck! :) |
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tonersweat
Member |
12-Jun-2008 12:23
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Can any one recommend any local or oversea Forex Trading broker . What is the commission they charge? |
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