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  • #1
  • Quote
  • First Post: Jan 26, 2014 8:43am Jan 26, 2014 8:43am
hi every one
I am trading from china ,since in my country there is no legal broker. I am looking for a broker in the worldwide.
hoping for a broke with good reputation and comfortable thread and leverage. anyone give some valid suggestions?
thanks in advance!
bsh
patience is a virtue
  • #2
  • Quote
  • Jan 26, 2014 10:09am Jan 26, 2014 10:09am
Maybe look at: http://cn.lmax.com/

Not sure if its legal in China, but they do have a chinese website. I am using their UK branch, and they are reliable.
  • #3
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  • Jan 26, 2014 1:15pm Jan 26, 2014 1:15pm
Quoting shrike
Maybe look at: http://cn.lmax.com/ Not sure if its legal in China, but they do have a chinese website. I am using their UK branch, and they are reliable.
Yes, Lmax is one of my favourites. Very stable STP platform. However, do check their minimum capital requirements.
  • #4
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  • Jan 26, 2014 10:51pm Jan 26, 2014 10:51pm
shrike and umaf
thank both of you for sharing the information
i will go to the website and check it
patience is a virtue
  • #5
  • Quote
  • Jan 26, 2014 10:57pm Jan 26, 2014 10:57pm
bsh,

checkout this story - they claim a large percentage of Asian trading (20% of China's)

http://www.smh.com.au/small-business...219-2zlze.html

Hope it helps,

A.
  • #6
  • Quote
  • Jan 26, 2014 11:05pm Jan 26, 2014 11:05pm
Quoting blueseahorse
hi every one I am trading from china ,since in my country there is no legal broker. I am looking for a broker in the worldwide. hoping for a broke with good reputation and comfortable thread and leverage. anyone give some valid suggestions? thanks in advance! bsh
why not to look at exness? ( exness.com). I have 2 friedns, they both trade from china.
  • #7
  • Quote
  • Jan 26, 2014 11:57pm Jan 26, 2014 11:57pm
Quoting slowhand
bsh, checkout this story - they claim a large percentage of Asian trading (20% of China's) http://www.smh.com.au/small-business...219-2zlze.html Hope it helps, A.
slowhand
thank you for your information!
patience is a virtue
  • #8
  • Quote
  • Jan 27, 2014 12:02am Jan 27, 2014 12:02am
Quoting Patrik_Forex
{quote} why not to look at exness? ( exness.com). I have 2 friedns, they both trade from china.
hi Patrik_Forex
thanks for the recommendation, but i heard someone complaining about exness.
they said exness does not provide the low thread as it commited and some with withdrawing problems
i do not kown if that is ture or not
patience is a virtue
  • #9
  • Quote
  • Jan 27, 2014 2:05am Jan 27, 2014 2:05am
Quoting blueseahorse
{quote} hi Patrik_Forex thanks for the recommendation, but i heard someone complaining about exness. they said exness does not provide the low thread as it commited and some with withdrawing problems i do not kown if that is ture or not
Are u sure that you've heard it about them? I trade here during 1 year and I have found here the narrowest spreads. Also I didn't have any problems with withrawals, because here is an automatic withdrawal. 2-3 second and money is yourth. it's easy. It's up to you, of course. Good luck to find a good company !
  • #10
  • Quote
  • Jan 27, 2014 3:01am Jan 27, 2014 3:01am
Quoting Patrik_Forex
{quote} Are u sure that you've heard it about them? I trade here during 1 year and I have found here the narrowest spreads. Also I didn't have any problems with withrawals, because here is an automatic withdrawal. 2-3 second and money is yourth. it's easy. It's up to you, of course. Good luck to find a good company !
I am not sure about the complains, always some rumors around. but any way, thanks for the introcducing. may be i will try Exness with a small account, good luck to all of us!
patience is a virtue
  • #11
  • Quote
  • Jan 28, 2014 2:50am Jan 28, 2014 2:50am
Quoting blueseahorse
{quote} I am not sure about the complains, always some rumors around. but any way, thanks for the introcducing. may be i will try Exness with a small account, good luck to all of us!
Yeah, rumors are everywhere of our life) Earlier there was the deposit 100usd, now there isn't any limits, so you may try with small sum of money) In any case, good luck!
  • #12
  • Quote
  • Jan 28, 2014 7:20am Jan 28, 2014 7:20am
Quoting Patrik_Forex
{quote} Yeah, rumors are everywhere of our life) Earlier there was the deposit 100usd, now there isn't any limits, so you may try with small sum of money) In any case, good luck!
thank you!! i will try my luck with Exness
patience is a virtue
  • #13
  • Quote
  • Jan 29, 2014 8:25am Jan 29, 2014 8:25am
As a junior member I can't post a new thread and it is obligatory to ask what I want in an existing thread. If my question is not relevant, sorry for inconvenience. As here, members are discussing about brokers, I want to ask about GKFX. Anyone here has any experience with them? In fact I want to trade gold and oil and these days I'm trying the demo platform from GKFX and Oanda. Meanwhile I'm getting live quotes from the website of Pakistan Mercantile Exchange. The live quotes on the PMEX website are somewhat different from MT4 platforms of the said brokers. Is there any guidance about the quotes on the platforms from the brokers?
  • #14
  • Quote
  • Jan 29, 2014 10:15am Jan 29, 2014 10:15am
almaszhr: i am not entirely sure about Pakistan Mercantile Exchange - but i assume that they are trading futures there. Retail brokers like Oanda offer some sort of spot pricing for their commodity products. In the case of Oandas oil CFD, the price is derived from the light sweet crude oil futures contracts that are traded on the Chicago Mercantile Exchange. Read up on Google about what is the difference between a spot price and a future price.
  • #15
  • Quote
  • Jan 29, 2014 10:43am Jan 29, 2014 10:43am
Quoting shrike
almaszhr: i am not entirely sure about Pakistan Mercantile Exchange - but i assume that they are trading futures there. Retail brokers like Oanda offer some sort of spot pricing for their commodity products. In the case of Oandas oil CFD, the price is derived from the light sweet crude oil futures contracts that are traded on the Chicago Mercantile Exchange. Read up on Google about what is the difference between a spot price and a future price.
Thanks for the reply. You're right PMEX like other mercantile exchanges give trade future contracts. This info is new for me that there is a difference in spot prices and future prices. I'm going to check it now. Thanks again.
  • #16
  • Quote
  • Jan 30, 2014 2:55am Jan 30, 2014 2:55am
Quoting blueseahorse
hi every one I am trading from china ,since in my country there is no legal broker. I am looking for a broker in the worldwide. hoping for a broke with good reputation and comfortable thread and leverage. anyone give some valid suggestions? thanks in advance! bsh
Huh? There is not legal broker in your country? Really, I think a big country as China has a lot of broker. Anyway, I think you can try some broker listing here. http://www.bestonlineforexbrokers.co...x-Brokers.html
  • #17
  • Quote
  • Jan 30, 2014 6:28am Jan 30, 2014 6:28am
Quoting almaszhr
As a junior member I can't post a new thread and it is obligatory to ask what I want in an existing thread. If my question is not relevant, sorry for inconvenience. As here, members are discussing about brokers, I want to ask about GKFX. Anyone here has any experience with them? In fact I want to trade gold and oil and these days I'm trying the demo platform from GKFX and Oanda. Meanwhile I'm getting live quotes from the website of Pakistan Mercantile Exchange. The live quotes on the PMEX website are somewhat different from MT4 platforms of the...
I will also suggest a foreign broker and acquiring updated price feeds. Whereas Pakistan's financial markets can be relied on to trade, I am not sure about the consistency of their technology. For someone transitioning from a foreign country to Pakistan, I often hear amazement on the lack of technological aspects of the market. For a mature market like Pakistan, online platforms and similar metrics still have a long way to catch up. One example is of KSE. Just goolge it and I am perplexed how hard is it to find intra-day pricing of daily KSE sessions.
  • #18
  • Quote
  • Jan 30, 2014 10:46am Jan 30, 2014 10:46am
Quoting Umaf
{quote} I will also suggest a foreign broker and acquiring updated price feeds. Whereas Pakistan's financial markets can be relied on to trade, I am not sure about the consistency of their technology. For someone transitioning from a foreign country to Pakistan, I often hear amazement on the lack of technological aspects of the market. For a mature market like Pakistan, online platforms and similar metrics still have a long way to catch up. One example is of KSE. Just goolge it and I am perplexed how hard is it to find intra-day pricing of daily...
Thanks for your kind reply Umaf. You're right we're on a long way to catch the latest technology used by developed countries. I've read here about spot trding and want to switch to it, but I'm somewhat reluctant because everyone one suggests a different broker. I wonder what should I do?
  • #19
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  • Jan 31, 2014 3:06pm Jan 31, 2014 3:06pm
Quoting almaszhr
{quote} Thanks for your kind reply Umaf. You're right we're on a long way to catch the latest technology used by developed countries. I've read here about spot trding and want to switch to it, but I'm somewhat reluctant because everyone one suggests a different broker. I wonder what should I do?
We should not be solely driven by different opinion, while we can use them we should not be indecisive. Lets learn to make some major decisions on our own.
  • #20
  • Quote
  • Jan 31, 2014 10:47pm Jan 31, 2014 10:47pm
Quoting undergroundz
{quote} Huh? There is not legal broker in your country? Really, I think a big country as China has a lot of broker. Anyway, I think you can try some broker listing here. http://www.bestonlineforexbrokers.co...x-Brokers.html
let us say that in china government law forbidding forex trading in this country. so I have to find a broker abroad if i want to take part in...
patience is a virtue
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