New regulatory Financial Service Act 2013 url url FEA Rules Read page 3, section 2.4 url FAQ Read page 10, item 1 - 3 url

As far as I've understood and read in many articles and regulations/laws, Malaysia will not stop its citizen from investing in Spot Forex as long as (1) your an individual retail trader, (2) transfer funds using legal means, (3) do not trade against ...

You have a good point.

Hi superblack, I PM'ed you on fund transfer information. Cheers.

On the 2nd scenario, you may want to talk to a subject matter expert on it. Can always go to a banker and ask them what are the procedure and limit are.

I can see that you got some issues with IRD Well, if I need to pay tax, I'll gladly do so. And if I plan to move forward with the "family office" concept, I'll definitely get written clarification from IRD or get professional help on the subject ...

Well, I see no harm exploring the option. At the end, if its not suitable, will still revert back to retail investor status. First time hearing about "family office", getting a little 'itchy' now..

Thanks! Will check it out, definitely a good alternative!

Question 1 A company that trade Forex in Malaysia will need license from BNM. Only the banks/investment banks are given the license at the moment. You can give BNM a call and ask. Question 2 As long as the conversion and transfer of money is done ...

I'm not aware that LMAX is having spread, the gap that you see is the difference between buyer and seller asking price. LMAX only charges commission. The confusion arises when we compare LMAX with other typical forex brokerage (that charge with ...

What I would like to highlight is also, DC is has a success of typical 20-30%, it means out of 10 trades, you'll lose 7-8 trade, winning only 2-3 trade. But this 2-3 trade win will offset the losing trade and provide you a net profit. If you can ...

With Donchian Channel you are always in the market either long or short. Long Position 1. Key-in position when price is about 30% (or whichever you are comfortable with) from upper band 2. Entry: Upper Band Price + [spread] 3. SL: Lower Band Price - ...

Thanks Jason. I have an account with FXCM UK :-D

Btw, Dukascopy is opening a bank and forex branch in Kuala Lumpur. I've spoke to Customer Service, they confirmed it but did not provide dates. Here is the website, url

Have been using TradeStation for about a month and I've not traded live with them, here are my initial review. Will update more when I dig deeper. Hope these will help. Pros Charting tool is excellent Platform is user friendly Easy language is ...

Just my two cents, the long upper shadow of the hammer is evidence of an increase buying activity (the longer the shadow for an inverted hammer, the stronger the buying activity). Two inverted hammer shows that momentum moving down is slowing, there ...

It would be great if you can explain more about Courtney's conqueror method, I get confuse over the number of position to close over time.

Its up and running, good to see that this forum is still active :-D

Yup, that is right :-D