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35 replies to this topic | 14 praises

#1

Posted 23 January 2011 - 09:30 AM

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Which company you prefer to use?

1. DBSfx
2. Kim Eng
3. Oanda
4. IG Markets

Which offer the LOWEST spread?

#2

Posted 23 January 2011 - 09:51 AM

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On the average (except non trading time) Oanda is my bet.

I don't like IG platform (a matter of preference)

KE spread is ok, but at times, their price really lag, like Major news release.

DBSVicker FX, nvr try b4.

#3

Posted 23 January 2011 - 06:01 PM

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which pair?

I uses Aplari and Fxpro.
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#4

Posted 23 January 2011 - 06:19 PM

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I use MT4. wink.gif Vantage, aust broker

Edited by Sunlight, 23 January 2011 - 06:20 PM.


#5

Posted 23 January 2011 - 08:08 PM

Good-Carbuyer

Which company you prefer to use?

1. DBSfx
2. Kim Eng
3. Oanda
4. IG Markets

Which offer the LOWEST spread?

Oanda used to offer the lowest variable spread. So the spread can varies without notice.
Anyone to share your experience with OCBC's or Philips FX365, or City Index's fixed spread?

#6

Posted 23 January 2011 - 08:11 PM

Good-Carbuyer

I use MT4. wink.gif Vantage, aust broker

How you find MT4 without any market depth to avoid slippages?

#7

Posted 23 January 2011 - 08:12 PM

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Oanda used to offer the lowest variable spread. So the spread can varies without notice.
Anyone to share your experience with OCBC's or Philips FX365, or City Index's fixed spread?


Yes , I find that Oanda having the LOWEST spread...

Edited by Hp93868686, 23 January 2011 - 08:12 PM.


#8

Posted 23 January 2011 - 08:24 PM

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How you find MT4 without any market depth to avoid slippages?

will have slippage.

#9

Posted 23 January 2011 - 08:27 PM

Good-Carbuyer

Yes , I find that Oanda having the LOWEST spread...

However, it is variable spread. Which GFT (MM) is almost as low spread (not sure fixed/variable spread). City Index used to offer fixed spread (seems easier for beginners who fumbles). DBSFX used to offer low leverage of 1:20 maximum. Only Oanda used to offer demo account unlimited time duration. Others offer demo for two weeks only (they assume you are not new). It seems OCBC using GFT platform (not sure if GFT Prime platform: multi-tier pricing with market depth) and charges commision per trade (which like ECN can be better than fixed spread MM)


#10

Posted 23 January 2011 - 09:28 PM

Sabretan
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All will have slippage during Major news.

#11

Posted 24 January 2011 - 01:39 AM

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IG.
It's e most user friendly IMO.
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#12

Posted 07 April 2011 - 06:21 AM

Good-Carbuyer

Which company you prefer to use?

1. DBSfx
2. Kim Eng
3. Oanda
4. IG Markets

Which offer the LOWEST spread?

This month DBSfx more active with more seminars (next month got ATIC). Phillips' presenters seems sure of slippages (always late for their presentation)

#13

Posted 07 April 2011 - 06:22 AM

Good-Carbuyer

will have slippage.

Phillips' said no slippage with liquidity from 8 banks using FX365 platform. They charge a commission for each trade

Edited by Good-Carbuyer, 07 April 2011 - 06:24 AM.


#14

Posted 08 December 2011 - 06:55 AM

Good-Carbuyer

Phillips' said no slippage with liquidity from 8 banks using FX365 platform. They charge a commission for each trade

Ashamed of vikingfx. 1-pip commission cheap. But platform hang/freezed often when I take profit. So can not proceed. Platform resume function only when I losing money. Chart pricing, and time does not tally with quote prices. Trade status, quote prices, charts are not properly coordinated. Okay for a Demo only. Same issue with GK Goh and iOCBCfx (parallel vikingfx platform).

#15

Posted 08 December 2011 - 06:59 AM

Good-Carbuyer
Now DIY exploring FX Trader from Phillip Futures. No hardcopy User Guide available. online copy not same version as Demo platform. Seems no one able to coach 1-to-1? If open live account, they may get vendor down to help?

#16

Posted 08 December 2011 - 09:29 AM

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Now DIY exploring FX Trader from Phillip Futures. No hardcopy User Guide available. online copy not same version as Demo platform. Seems no one able to coach 1-to-1? If open live account, they may get vendor down to help?


Sure if you trade 1 million per day.

#17

Posted 08 December 2011 - 11:41 AM

Good-Carbuyer

Sure if you trade 1 million per day.

thumbsup.gif I like the way you put it. I wonder if anyone trade 1 million per day with leverage of 1:100, except USD/SGDat 1:10? laugh.gif So far only seen 50K as part or partial fill of a trade order placed

Edited by Good-Carbuyer, 08 December 2011 - 11:46 AM.


#18

Posted 08 December 2011 - 11:44 AM

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thumbsup.gif I like the way you put it. I wonder if anyone trade 1 million per day with leverage of 1:100, except USD/SGDat 1:10?


I know many who do.....and they asking me to lend them money now....you think I should?

#19

Posted 08 December 2011 - 12:00 PM

Good-Carbuyer

I know many who do.....and they asking me to lend them money now....you think I should?

I like to believe you are not kidding. I believe they should had more Demo exploration beforehand. Get useful strategies tested before going live.
Example: I decided to postpone opening live trading account since Brokers unable to provide navigation coaching for their platform (no chart). Leverage at 1:100 means any lost = lost X 100 times. 1% loss X 100 = 100% loss. Many opportunities available. So 100% X numerous = 100N (N=numerous). Assuming 50K per trade/tile. At 200 tiles per session = -0.01% X 50K X 20 = 100K per day loss sweatdrop.gif

#20

Posted 08 December 2011 - 01:06 PM

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I like to believe you are not kidding. I believe they should had more Demo exploration beforehand. Get useful strategies tested before going live.
Example: I decided to postpone opening live trading account since Brokers unable to provide navigation coaching for their platform (no chart). Leverage at 1:100 means any lost = lost X 100 times. 1% loss X 100 = 100% loss. Many opportunities available. So 100% X numerous = 100N (N=numerous). Assuming 50K per trade/tile. At 200 tiles per session = -0.01% X 50K X 20 = 100K per day loss sweatdrop.gif


I know alot of things I say are unbelievable but it doesn't mean it's not true....some people trade 1 million a day, say you take loss at 1%, that's $10K leow...after a week, 50K....and it get deeper and deeper....then knock on frens' door to borrow money....similar to nick leeson but on a smaller scale


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