any asia

Fxpipper

Master Trader
Oct 26, 2011
1,132
4
49
Did try asian broker a long while back but turned out to be rotten as a core. But that's my only experience with an asian broker. There're quite a few asian brokers with good reviews, but yet to check them out..do note, be it any broker, carry out due diligence checks to make sure you're getting the real deal.
 

Fxpipper

Master Trader
Oct 26, 2011
1,132
4
49
Take a guess..it goes with "instant mix"..
It's instantforex and a dumb dweeb that I was [past tense], fell for it hook, croak and $$$
 

mingbao

Trader
Dec 6, 2011
30
0
17
I come from China and had tried many brokers in the past years, previously I used domestic brokers, however I found it's onlywhite labled broker with many problems. actually hot forex is an amazing international investment, so it's easy to choose from a very wide selection of brokers. read more reviews, ratings and ask more friends here, you can find the one suitable for you.
 

WalkieTalkie

Master Trader
Feb 19, 2009
141
1
47
are there specific regulations for Asian brokers? I though forex in such countries as India is officially prohibited. Am I wrong?
 

mingbao

Trader
Dec 6, 2011
30
0
17
like China, Both india and China do not allow margin calls trading. in China, there seems like a grey area for this, seems no clear policy to prohibit it now. however, banks are monitoring the money coming and may decline if it's for forex trading,
and some lawyers say it is illegal if investment companies who promote forex business in china without license from the government will violate forex management rules , if the clients margin exceed a certain level, it will even violate criminal law,

but i think it's still controversial, i am not pretty sure about this.
 
Last edited:

Fxpipper

Master Trader
Oct 26, 2011
1,132
4
49
Nope, it is not prohibited in India but there are certain regulations in place for which you can thank sorros..