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    Thread: InstaForex reviews

    1. #691
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      Quote Originally Posted by Pongsakorn** View Post
      So it's not good for small traders from U.S. to want to used the big leverage in offshoer account then?
      Why their s governmanet restrict too much for their people to trade forex?
      That is wnot good.
      Its more harder for US traders to try and open offshore account when compare to the other parts of the world as their laws are more tighter then the rest of us. I think their goverment only want what is best for them by reducing the risk of scam and fraud.


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    3. #692
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      Quote Originally Posted by Borneo Scalper View Post
      Its more harder for US traders to try and open offshore account when compare to the other parts of the world as their laws are more tighter then the rest of us. I think their goverment only want what is best for them by reducing the risk of scam and fraud.
      That is good but also bad at the same time.
      If governments all over the world want to reduce the risk for citizens then make a rule so that new traders can't use a big leverage.
      Only those who meet certain criteria can use big leverage.
      The problem will be solved that way.
      Why limit the leverage for everyone. Doesn't make sense.


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    5. #693
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      Quote Originally Posted by PhantomTrader79 View Post
      That is good but also bad at the same time.
      If governments all over the world want to reduce the risk for citizens then make a rule so that new traders can't use a big leverage.
      Only those who meet certain criteria can use big leverage.
      The problem will be solved that way.
      Why limit the leverage for everyone. Doesn't make sense.
      This is good idea mister super moderator, I think big leverage is good for experience trades because they can trade well but it's bad for new traders.
      Losing money is alway s problem by the new traders because they don't have the skills and experince to make money in this market.


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    7. #694
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      Quote Originally Posted by Pongsakorn** View Post
      This is good idea mister super moderator, I think big leverage is good for experience trades because they can trade well but it's bad for new traders.
      Losing money is alway s problem by the new traders because they don't have the skills and experince to make money in this market.
      I think some brokers already offered that thing and also when you open a new account with a broker I think there is an empty box where you put how many years you've been trading forex (experience). So actually brokers already have an idea of what your capabilities in this business are but the problem is the government. They are politicians not business persons.
      Traders don't know the future that is why traders need market scenarios.


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    9. #695
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      Quote Originally Posted by Beautiful Quynh View Post
      I think some brokers already offered that thing and also when you open a new account with a broker I think there is an empty box where you put how many years you've been trading forex (experience). So actually brokers already have an idea of what your capabilities in this business are but the problem is the government. They are politicians not business persons.
      This is a great news. I didn't pay attention to it but now I think I remember. So the brokers only know our trading experience but the oernments don't know aobut it.
      So I thiknk the govermnent need to work closely with the brokers to formulate good rules about leverage to offer to client.s


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    11. #696
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      Quote Originally Posted by Beautiful Quynh View Post
      I think some brokers already offered that thing and also when you open a new account with a broker I think there is an empty box where you put how many years you've been trading forex (experience). So actually brokers already have an idea of what your capabilities in this business are but the problem is the government. They are politicians not business persons.
      Yes but you can put anything when you fill the form. even a new trader can make 5 years of experience and no one can check if it's true or not. Broker don't really care , all what they want is active clients.


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    13. #697
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      Quote Originally Posted by cambiste View Post
      Yes but you can put anything when you fill the form. even a new trader can make 5 years of experience and no one can check if it's true or not. Broker don't really care , all what they want is active clients.
      Every brokers want active clients so they can generate bigger volume thus creating more income for them. The market is big enough as it is, i dont see why must some of the brokers want to compete in a bad way like having a smear campaign.


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    15. #698
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      I wonder why transfer between accounts takes long-time to be executed by financial department? I remember it was instant but now it takes up to 2 days or more.


    16. #699
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      Quote Originally Posted by cambiste View Post
      Yes but you can put anything when you fill the form. even a new trader can make 5 years of experience and no one can check if it's true or not. Broker don't really care , all what they want is active clients.
      I also agree with you maybe they don't check about it like how to check if the person is say the true or not because there is no way to really know.
      If the trader is from europe and the broker is in the US then it's impossible tocheck. Sending scan or anything can be trick so it's hard to verify.


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    19. #700
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      Quote Originally Posted by Pongsakorn** View Post
      I also agree with you maybe they don't check about it like how to check if the person is say the true or not because there is no way to really know.
      If the trader is from europe and the broker is in the US then it's impossible tocheck. Sending scan or anything can be trick so it's hard to verify.
      So there's no solution for it, a broker has to accept all traders regardless of their experience. Or they can limit the leverage for their new clients and after a specific period of time and after showing some improvements, he could increase his leverage. They can also test their clients, the experienced ones can use high leverage.


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