Wednesday, December 26, 2012

Regulated Forex brokers in Malaysia

As the Forex trading sector becomes more and more popular among average investors, it is also no doubt that is has become quite a complicated beast. For someone who is just starting out, things can get really daunting and overwhelming. There is a wide source of information online about Forex trading that information overload is so evident among us. This has been the case since Forex opened its doors to retail market players like you and me.
You might have come across this website to find out about Forex trading and how to get involved in it particularly from Malaysia. This website is dedicated to Malaysians and Malaysia-based investors who are looking to participate in the vast Forex market.
The Forex market is a very large financial market having a vast $5 trillion daily trade volume. To put this into perspective, the New York Stock Exchange (perhaps you’ve heard of this even before you become interested in investing) has a daily trade volume of about $22.4 billion. That’s a measly amount compared to the gigantic Forex market.

Understanding Forex Trading from Malaysia

Now, like many other investments, Forex trading come with a learning curve particularly a steep one. Training can take several weeks to months before a trader becomes ready to trade real money in Forex. A lot of Forex brokers offer demo accounts so that beginners can test out the waters in an actual trading environment but without the financial risk.

Offshore Brokers for Malaysian Traders

After several weeks of training, the next step is to open a live trading account with regulated  Forex broker in Malaysia. Be aware that there are a number of fly by night Forex brokers so it is really important that you do proper research as to which brokers are (fairly) tightly monitored by the offshore countries. If you will be trading from Malaysia, then you should also be aware that there is not much regularized Forex broker in there, meaning you have to consider offshore trading brokers instead. Here is where you’ll get a wide variety of choices.
Now, when choosing a broker to open an account with, your first priority should be to go for one that is regularized by its local jurisdiction. A regulated Forex broker is legitimate and offer reliable services.  This is also under the supervision of a credible regulatory body and is under the obligation to maintain transparency in its financial records. 

8 comments:

  1. No Conflict of Interest - No dealing desk broker means we never trade against you.
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  2. Traders should be acquainted with the forex trading system to identify the proper ways on how to trade effectively. There are also trainings that can be considered for better understanding to the currency market.

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  3. Thank you for the info. It sounds pretty user friendly. I guess I’ll pick one up for fun. thank u.

    Online Forex Trading in Malaysia

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  5. Agreeing with you, as a beginner one should take the help of a forex broker for trading in forex market by using tips from Epic Research, so that he can gain good profit...thanks for info bro.

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  7. Finding a good broker that we can trust is tough enough, so finding a broker who is for Islamic is extremely hard, but luckily, I have just that in OctaFX, it’s a regulated plus a worldwide recognized company. They have won 16 awards in just 4/5 years which is simply flattering and makes them the finest there is while they also have Islamic Account which helps so much more for me to do trading with ease and comfortable through it.

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