Kristianto

I wonder if they will IPO soon...

i see that they are licensed in cyprus.

the sharing of information helps the rest of us learn. we are all ignorant in some ways but when so many minds combine, we can accomplish great things. keep this site going!

welcome! let us learn more trading technique and information from one another.

 

are you indonesian?

Who is coming to Jakarta? Sam?

 

Yes. I heard it from my friend in Singapore that he will be doing a stop in Singapore and Jakarta in April this year.

at this stage i will put my hand up and say that the dow hasn't exactly gone the way i thought it would.

 

by some strange reason, the US seems to time and again be able to confound economists with its numbers and keep chugging along positively.

 

anyway for all those who are happily riding this bull wave, here's a nice little article for you:

http://www.tradingfloor.com/posts/empire-and-jobless-data-confirm-us-economic-momentum-1626603331

 

i am still maintaining my bearish take. although im not sure how much furhter my pockets will empty...

they got a huge marketing campaign going on on bloomberg and reuters...

 

looks like thats where they spending all their money hahaha...

i heard he is coming to jakarta soon?

 

he is also making a stop in singapore.

take care and may your husband get well soon.

best of all, its all free.

08/03/2012

 

Today Saxo Bank announces the Annual Results 2011.

 

Saxo Bank’s operating income increased 6% in 2011 to reach DKK 3.53 billion, compared to DKK 3.34 billion in 2010. Continued investment in developing the business meant that staff costs and administrative expenses increased 12%. Thus, net profit was DKK 618 million, down 4% from the previous record year. EBITDA of DKK 1.16 billion increased 4% compared to 2010.

 

 

The founders and CEOs of Saxo Bank, Kim Fournais and Lars Seier Christensen, said in a joint statement:

 

 

“The general market situation has reduced investors’ risk appetite and put a dampener on capital market activities. Therefore, we are satisfied with this year’s results, which confirm the viability of Saxo Bank’s business model”.

 

 

“Our response to the challenging market situation has been to focus on business growth through geographical expansion and continued product and platform enhancement. The strategic direction of Saxo Bank aims at broadening and diversifying the product and service offerings to reach a broader international client audience. This goes hand in hand with the ambition to tailor offerings directly to the needs of the clients. At the same time, we are proud to be taking an active role in the effort to bringing greater market and product transparency to the online financial services industry”.

 

 

Co-founder and CEO Kim Fournais did an interview with Danish TV2 at 15:00.

 

Early this morning Co-founder and CEO Lars Seier Christensen also discussed the Annual Results 2011 on CNBC and Bloomberg. In case you missed it click on the links.

 

This morning Lars Seier Christensen talked about the results and the challenges that investors have faced in the past year and the financial uncertainties that the Eurozone countries experiences at the moment.

I am starting to see alot of CitiFX ads in various indo marketing channels. They must be trying to get a hold of the fx pie here.

does anyone have any reviews about them?

 

i understand that they have MT4 capability too.

Very accurate and honest post. Great way to ground all those fantasizing traders who dream of getting rich from trading.

 

it takes alot of hard work, effort and discipline to be able to accomplish self-sufficiency and consistency.

welcome, hope you can contribute :)

i know alot of brokers that do not charge commissions on gold and silver spot trading. Saxo is one of them. but it also depends on how you intend to trade gold as well.

 

anyway it looks like it is heading up for the sky!

not easy to achieve consistency. that it really one of the hardest parts of FX trading.

has someone hacked into indo-investasi's database? oh no...

i think it will hit 85 by midyear. japan monetary easing looks like it is just beginning.

Hahaha...was browsing through Saxo website and found this.

 

What a marketing stunt! I thought it wasa new movie.

 

http://www.saxobank.com/saxotrader-anytime-anywhere

watch out for a dotcom bubble brewing. with the ipo of facebook, the euphoria around online companies is going through the roof!

 

short linkedin!

just to share with fellow forummers.

 

i had a big problem with this broker called xforex some time ago. i had about USD 4000 and wanted to withdraw the whole lot. but they refused and said i did not meet the requirement for trade volume. then afterthat i made a few trades to try and satisfy them and they said they would process for me. i waited 2 weeks and still didnt see my money. called them and they gave me all sorts of excuses also again that i didnt meet the required trading volumes. in the end they released a portion of my funds after another 2 weeks later of further complaining. the other portion they still refused to let me withdraw because it came as BONUS money and profits from it.

 

since then, i have never believed any broker that gives out bonus money. all the hassle and effort is really not worth it. there are too many terms and conditions and what the broker actually wants is for you to keep trading and generating volume for them. this way they earn from the markup on their platform.

 

afterthat, been with saxo for 5 years now. they say they cannot give bonus money due to singapore regulations but i have no problems with that. as long as i know i can get back my funds that is most important.

i have tried the gann fan and gann mesh on my saxotrader platform.

 

is anyone able to tell me the difference between the two?

it is a dog eat dog world out there. i think as long as you are well aware of the risks involved and you are speculating/investing with money that you can afford to lose then it is fine.

 

what really irks me are the people who try to convince other people that trading forex as a sure-win way to get rich quick.

Takes 1 day for withdrawal of funds from Saxo in Singapore. They use HSBC as a custodian so I know where my funds are coming from. Very simple and easy online process, no questions asked.