ian_arifin Posted December 2, 2011 Report Share Posted December 2, 2011 based on your experience, what is the best trading platform for FX and CFDs??? Tried using IB, platform looks very dull and difficult to use Quote Link to comment Share on other sites More sharing options...
Malcolm Gunawan Posted December 2, 2011 Report Share Posted December 2, 2011 I am currently using Monex, but currently trying out the saxo bank platform. monex platfrom is simpler but not as complete and detail as saxo. Saxo more hard but many asset to choose from, so 1 account can do it all. I think this is really convenience and have many functions. alansim 1 Quote Link to comment Share on other sites More sharing options...
Kristianto Posted December 2, 2011 Report Share Posted December 2, 2011 i have been using saxo for a very long time. no complains so far. it really depends on what you are looking for. like saxo can trade fx, stocks, cfd, kommoditas and many others. it is really benefit to have all on one platform and even the rates are quite cheap as well. they are also well regulated in singapore. but if u only waan to trade one produkt only then maybe can go wit fxcm for fx. i dont know who else can do cfds because i dont trade that. Quote Link to comment Share on other sites More sharing options...
indo37 Posted December 2, 2011 Report Share Posted December 2, 2011 I don`t know about Saxo-Singapore, but saxo switzerland turned out in my case as a bunch of snobbish robbers: Wide spreads, high min. order size (or ticket fee) eypensive for futures and stocks, lousy margin........ Better take your time and learn IBs TWS (its a Porsche - not a Chevy) or use your preferred TA software through IBs API. Regards Quote Link to comment Share on other sites More sharing options...
ian_arifin Posted December 5, 2011 Author Report Share Posted December 5, 2011 tnx for the recco, i just downloaded saxo, i must say, the software interface is pretty impressive (i like the instrument search function, it's just like a google search, type the code/company name, and walaahh.... it appears, very very easy!!), compared to IB which is all black and java based. i'm still trying it out, i am also still trying MT since lots of people are using it Quote Link to comment Share on other sites More sharing options...
Kristianto Posted December 5, 2011 Report Share Posted December 5, 2011 Saxo - Singapore is regulated by the Monetary Authority of Singapore. I've been to their office before, it is in Raffles Place (their CBD), looks well established so I hope nothing happens to them. So far I transferred alot of stocks I had from my american broker to them, no problems. Use them for stocks and fx trading. I tried IBs API before think its not suitable for me. Abit too complicated. I must be getting old :P Quote Link to comment Share on other sites More sharing options...
Malcolm Gunawan Posted December 5, 2011 Report Share Posted December 5, 2011 Been trying the Saxo platfrom for a few days now and starting to get the hang of it. Will let you know about the pros and cons next time. Apparenty now they have Indo speakers to assist you with your queries, which I think is great for traders who only speak bahasa. Quote Link to comment Share on other sites More sharing options...
ian_arifin Posted December 6, 2011 Author Report Share Posted December 6, 2011 MT is another platform with a black background, the look and feel is kind of old ... maybe i'm still not used to it, still tyring it out. still prefer the windows based saxo - the range of currency pairs, commodities and indexes offered is gooooodd, i'm trading gold now btw, price dropped from 1746 to 1718 in 1 day !!! ... ooh my heart just broke Quote Link to comment Share on other sites More sharing options...
ian_arifin Posted December 14, 2011 Author Report Share Posted December 14, 2011 MT IB Saxo MT Adv: forex robots Dis: not web based Cmts: MT5 is coming out, but I heard it's not as good as MT4 IB Adv: have warrants and structured products, ekcecution quite fast, they have quite huge range of products Disadv: dun like the platform Saxo Adv: has account summary which is consolidated for FX,CFD,commodities,stocks,etc, so v v easy to monitor profit/loss at a glance Disadv: can only open account in Singapore Quote Link to comment Share on other sites More sharing options...
Kristianto Posted December 14, 2011 Report Share Posted December 14, 2011 i know for a fact saxo has > 20,000 stocks worldwide for you to trade if that is what you are interested. most are available in cfds too. FX they have one of the most pairs available i think 160+, can trade chinese yuan, hkdjpy, usdrub, sgdhkd etc. they also have bahasa-speaking staff to help if you are interested. http://sg.saxomarkets.com/lp/indo actually i really like their platform. problem is they do not have introducing broker program as i tried to ask them before but they dont have. alansim 1 Quote Link to comment Share on other sites More sharing options...
ian_arifin Posted December 30, 2011 Author Report Share Posted December 30, 2011 Charts I also like the charts in Saxo, they have almost everything from BB, SAR, ADX, PKS, MAC, RSI, MA, Fibo, etc. the workspaces are also customisable, can just drag the tabs everywhere, i can put 6 charts in 1 screen along with the technical indicators. everythings just drag and drop. CFD can access most of major exchanges from US, UK, Europe, Asia. The Singapore and hongkong commissions are also cheaper alansim 1 Quote Link to comment Share on other sites More sharing options...
Kristianto Posted January 12, 2012 Report Share Posted January 12, 2012 you can find out more on their website www.saxomarkets.com its quite comprehensive. but account opening is harder i think because they are regulated in singapore and EU. alansim 1 Quote Link to comment Share on other sites More sharing options...
Malcolm Gunawan Posted January 31, 2012 Report Share Posted January 31, 2012 Yes I enquired about opening a live account after trying the demo for a while. But they need the passport to be notarized which I find troublesome. However, I did receive email from them sometimes that they do come to Indonesia and if you meet the staffs, the notarization can be avoided. alansim 1 Quote Link to comment Share on other sites More sharing options...
Kristianto Posted September 12, 2012 Report Share Posted September 12, 2012 Wonder when is their next trip to Indo? Would like to ask them about IB arrangement wonder if thats possible. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.