Keep It Simple & Profitable
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- Oct 4, 2018 11:41am Oct 4, 2018 11:41am
- | Joined Jun 2013 | Status: Member | 56 Posts
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Help needed in OANDA + users from Malaysia 105 replies
DislikedHello everyone, Recently I found out that Bank Negara blocked forex trading, I can't deposit fund to my forex account. Can i know is there anyway to do this?Ignored
Disliked{quote} what broker u using? u try to deposit direct or got middleman?Ignored
Disliked{quote} what broker u using? u try to deposit direct or got middleman?Ignored
DislikedHello everyone, Recently I found out that Bank Negara blocked forex trading, I can't deposit fund to my forex account. Can i know is there anyway to do this?Ignored
Disliked{quote} Hey Aish, What particular broker are you using? Some banks block transaction outright with counterparties barring the the word such as Fx, Forex in their systems. You might need to use e.g neteller or middle man as suggested by amnrsln.Ignored
DislikedI suppose you will need to use other methods as stated in your uploaded photo or go through a middleman. As far as I know, different banks have different treatment on such transactions. If you have other bank accounts, you might want to try others and perhaps try credit card as well.Ignored
Disliked{quote} Sorry for late reply. Don't know why my post get deleted. Maybe something wrong with the contents. Can I know which broker you choose, and which deposit method you use?Ignored
Disliked{quote} Ok. Thanks for your valuable information. Now I'm a bit worry about the withdrawal. If Bank Negara blocked forex trading, will it causes trouble when withdraw fund?Ignored
Disliked{quote} U can still withdraw. Forex isnt blocked by bank negara. They just have strict rules for it. Some brokers got too much conflict of interest thats why bank negara doesnt recommend. Its considered foreign capital gain so its not taxable up to rm50,000.Ignored