Hello fellow Singapore Traders. I currently am learning to trade emini futures with tradethemarkets.com I met John Carter at the recent ATIC 2010 (April) and I thought he was a sincere guy. Just attended the live online trading webinar last week (15-18 June 2010). Ed
Anyone trading spot FX and/or other instruments with IG Markets, Saxobank, CityIndex or CMC ? Would like to know how good/bad their execution and service are.
i checked CMC Markets and found them terrible. the free trial password didn't work, so i had no chance to trade on their platform. also the Singapore office has no idea what's going on in IT and auto-assigned a sales person to call me when i haven't even been able to login the platform (their hotline service was helping me). he could not get me the password either and there were delays while they work out with corporate IT and the Australian head office. i just found them dislocated and miscommunicating among themselves. instead i went with GFT Forex's Singapore office at Robinson Centre. www.gftasia.com. good platform DealBook360 with realtime news feed from Informa(IGM) and affiliated with AutoChartist and Kathy Lien's www.fx360.com news commentary. Only complaint is their sales are very pushy in getting you to open account, will call you every week to deposit. Also, you are trading against their GFT trading desk. ok for beginning learners but eventually you move on to no-dealing desk type brokers.
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Dear All, I am not a trader, have 0 experience and trading backgroun with no fianacial/economics background, not even a graduate... I had bumped into an advert by a local prop trading firm wich is hiring recently and that had sparked my interest in trading(totally clueless how it works...) Had been reading up and I found this forum today. The firm which had posted the offer did not state any requirements and they offered a 6mths part time course for the chosen candidate(s) who then had the chance to trade the firm's account... Of course I doubt they will allow someone like me to "play" with THEIR money! I would appreciate if senoirs here could help me with some queries... 1) would there be a fee for the course for those who are qualified?(any common practice of charges?) 2) do we need to open an acct. ie. with certain min $um with the firm? 3) what type of people are they looking for? (will they ever hire non-degree holders with 0 experience...) 4) How do i start trading on an individual basis if i had really decide to go for it and how much capital do i need...? Many thanks for you time taken to read this and deeply appreciate for your kind efforts on any replies... Regards
All these questions should be answered in that firm's ad, or a simple phone call to their sales guy. Are you leading up with your second post to give us more details? Your questions have all been dealt with at these threads, http://www.elitetrader.com/vb/forumdisplay.php?s=&forumid=15 and the same answers are provided there under various sub-threads .... ad nausem. Please, just give them a phone call instead of opening blind discussions without actual facts. MAS has different rules regarding margin requirements (for various instruments) and we don't have PDT requirement for minimum $25K equity deposit for stocks daytrading like in the USA. Singapore has 0% capital gains tax so any reference or answers comparing to US Prop firms are not relevant. I might suggest you post your question at http://www.sgfunds.com/index/ which are wholly Singapore topics.