Carry trade anyone?
This news has got me interested in them again
Islamic swap free accounts
Go Markets any good for forex?
- Thread starter dhruv
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Islamic swap free accounts
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Well..I could tell ya Bobby... but then i'd have to kill ya
No need Abdul
= http://investtechfx.com/swap-free.asp
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No need Abdul
Ahh but now you just have to work out why I might be interested in such an account....
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You missed the point... think about why I would want a swap-free account. Figure that out and you have a very nice little trading strategy
You missed the point... think about why I would want a swap-free account. Figure that out and you have a very nice little trading strategy
End result is the Money isn't it
white_goodman
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You missed the point... think about why I would want a swap-free account. Figure that out and you have a very nice little trading strategy
ive read the reason why in Adventures of a Currency Trader, i will re-read this weekend so i can re-jig my memory... problem form memory is that you need a large account to make it worthwhile....
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Never read the book (just added it to my "books to read list"), but your right about needing a big account. Fortunately, you can jiggle it around a bit to change your risk profile (and ultimately, return). Having a margin account will come in very handy as well, luckily GoMarkets offers up to 300:1
Definitely a much better strategy then having your money sitting in some "turbo-charged savings" account paying 4% p.a.
My main interest/concern is what kind of size limits are placed on such an account. They also mentioned something about fees....
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should not have fund the account , now I have to make up any profits for possible fee of exit, withdrawal that is. I just have under one buck profit lol. How much is the withdrawal fee ?
, now I have to make up any profits for possible fee of exit, withdrawal that is. I just have under one buck profit lol. How much is the withdrawal fee ?Stormin_Norman
Currency Trader
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should not have fund the account
no withdrawl fee.
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so great to know
thanks
IB charges quite a lot, but again you get it back in sorta a couple of brokerage fees in share trading compared to etrade ....
Wysiwyg
Everyone wants money
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Just a note for anyone looking for special offers with brokers.
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Upto a maximum of $250
Dont forget to read the fine print though !! ----
The credit is removed from your account one month after they give it to you ---
I wonder if "Go" realise this kind of Indian giver stuff will actually backfire on them ----
Poor marketing, especially considering the state of their platform lately
The credit is removed from your account one month after they give it to you ---
I wonder if "Go" realise this kind of Indian giver stuff will actually backfire on them ----
Poor marketing, especially considering the state of their platform lately
Stormin_Norman
Currency Trader
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i sent them an email about it.
saying it makes them look cagey and sneaky, and that it makes me suspicious of them because i have to make sure i read the fine print carefully.
saying it makes them look cagey and sneaky, and that it makes me suspicious of them because i have to make sure i read the fine print carefully.
Wysiwyg
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Always pays to be up-front and honest with the customers.
Absolutely Norm -------- and Ditto re the email --- sent one as well --- they need to be informed how punters in Australia perceive being misled.
ps TH was trying out their platform a few weeks back wasnt he?? ---- they've probably had a bad month !!
Stormin_Norman
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good work cartman.
similar point to when they bullsh1tted me the other week.
getting bad information is far worse then getting bad news; or in this case bad information about good news.
quit the spin gomarkets.
similar point to when they bullsh1tted me the other week.
getting bad information is far worse then getting bad news; or in this case bad information about good news.
quit the spin gomarkets.
bit of a worry actually that they need to spin this crap isnt it ---- i got a reply from them, but dont want to post specific stuff on a public forum ---
generally cods wallop imo !!, -------
i reckon they must be short of money (maybe due to their platform issues ---- and TH cleaning them out !!!!! lol ----- )
---------- offering what seems like a gift to get extra cash into the coffers and then taking it back in a month using subterfuge is a bit of a concern for me ----- seriously considering pulling some cash out ----
perhaps a Rep from "Go" could post here to alleviate concern ??
