₦airaland Forum

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Where are the ol time gurus in this house ?
Speaking of naijababe, rozayx5, Fxisreal frenchman etc
Back in the dayz
Miss them all

EmmanuelD1st:
Using etradexchange.net, a dollar goes for ₦245 with no extra fee from neteller upon deposit to your neteller acct. Using your debit card, it's between 220-240 naira (not really sure) it depends on your bank and you'll be charged between 2-5% by neteller upon deposits.
will you be saving your money with neteller? Are you not making use of them just to fund your FX acct.? Just so you know, they are regulated by the FCA. I cannot tell you what to do but I'll say this about brokers "Better the devil you know than the angel you don't"

Thanks.. I have started with Mfiforex. Nigerian. I must tell. It's been nice thus far. And the fact that I'm dealing with regulated Nigerians and not aliens also gives a warm feeling.
Non-farm loading...

EmmanuelD1st:
visit etradexchange.net to fund your neteller acct. and then using your neteller acct. to fund your XM acct. You'll need to submit some necessary documents before you can make transactions with them (etradexchange.net). Alternatively, try funding your neteller acct. Using your debit card and then using your neteller acct. to fund your XM acct. Hope this helps.

Okay. Thanks, this is very helpful.
By the way, how much is Neteller usd to naira conversion rate?
I'm really sceptical about ecurrencies( because of egold and liberty reserve).
I have already started account opening with mfiforex( Nigerian broker).
Now, I'm in between two opinions: continuing with Xm and hence using ecurrencies with its exchange wahala. Or new Nigerian broker account.
I need strong advice.

EmmanuelD1st:
Fund your XM account with neteller

Please how do I go about it?

jorel1:
Maybe you shud try a different broker. Try this Austrailian broker DMM fx

Okay, So I just called Gtbank and I was told that transfer of funds outside for forex has been stopped by the bank. Apparently, we can make withdrawals from our brokers but we can't make deposits. I think all( or nearly all banks are in this situation currently)

Can anyone in the house verify that he has successfully made a deposit into his forex account this week? Please let's know.

In related news, can anyone recommend a Nigerian broker to me?
Please I don't mean partners. I mean broker that would accept naira and not usd.
Thanks

jorel1:
So far they have lowest spread i have seen, a variety of payment options.
you can try out their live account with their $50 welcome bonus , if you like what you see then you could go ahead and deposit.

I see on their site that as part of their 4 processes to make withdrawals, I need to send them a copy of my bank stmt.
http://www.dmmfx.com.au/support/how-to-withdraw/

jorel1:
So far they have lowest spread i have seen, a variety of payment options.
you can try out their live account with their $50 welcome bonus , if you like what you see then you could go ahead and deposit.

Okay. Are the ecn or market makers?
Also, what's the verification process like?




I still wish someone could help me out about xm

jorel1:
Maybe you shud try a different broker. Try this Austrailian broker DMM fx

Do you use them?
How easy is it for you to deposit/withdraw?
Do they have a thing against ea/scalping etc?

I did not really want to leave Xm for just this reason.

Hello house,

I am trying to deposit into my Xm.com account. It is not going through. Chatted with support. They said the issue is from my banks( my two different Nigerian banks).
Please is anyone here experiencing such issue?
Thanks for your helpful reply.

Op, read up this page!

http://www.investopedia.com/articles/04/042104.asp

Yyyeeessss... FTC

harizonal123:
Hmmmm.... what a week! thank God for sl's


I see emotions coming into play here. My brother odi dangerous

Lool. No, I still closed in profits. I bought yesterday at 75.06, tp at 77.80 and sl at 74.20. I closed this evening at 76.52. Do the Maths. I was only lamenting because I would have made a total of about 260 pips as against the about 140 pips I made. Hope I dint confuse you sha.

naijababe:
77.79 on my platform. Can I jus say oil is a SOB

No don't say it. Market will pay for this next week.
Na us and dem again next week.

I set a tp on oil at 77.80. Yet my broker did not let price get there. My platform shows that oil got to a high of 77.77. Barchart says today's high is 77.83. Can someone comfirm oil's high for me?

naijababe:
Just sold this morning, but I will be watching 1167 very closely.

Hope u're buying now. It seems to me like the Bulls have taking over...till 1230 I guess.

naijababe:
Bullish, although I got in way too early today. holding as long as 1157 is not breached

Okay. Tnx.

naijababe:
Hmmm.............it would have to close below 181.90 today for me to consider another sell. The yanks, canadians and germans are on holiday tomorrow. So very likely that liquidity will be quite low tomorrow

I intend staying long enough until my tp or sl is hit.

In other related news, what's your outlook on Gold?

Fxwarrior:
If it breaks it, will you adjust to 186.83?

Lol.. I have a strategy. If it breaks my sl @ 182.83, then I will accept the loss. Anything beyond 182.83 is off my plan.
If your tp is 186.83, then u're my arch enemy in this. Lolz.

naijababe:
Stop hit @ 182.20, back on the way up I think

My sl is at 182.83. I still believe it would fall south.
What's up with gold?

naijababe:
Excellent trade, been following GJ secretly since Shinto's pip rain...........I took a sell last week ay 182.62, hoping to get out at 179.5x area or lower depending on what price does there

Nice call

vayne:
Well,if u ask me I'd say just go get an android phone because its cheaper and mind you,its just for monitoring trades,but if you are good with mobile then lucky you.
the only apple mobile device which is different is the ipad,(which has fib and trendlines....but no custom indie)unlike the mobile (both iphone and android have same functionality but different interface because of the OS. as I have used both.

Unless ofcourse you are already rolling in cash from forex,otherwise,why buy such an expensive phone for this risky biz?


Trust me,u will need all the cash u can lay your hands on as far as this biz is concerned...

No, the iPhone has everything including fib and trend lines.

umozez:
@odion what of windows fone like Nokia Lumia

I don't know about this phone. I only recommend the iPhone because I use it and because I have seen that some androids do not have the full features to trade with.
I cannot accuse all androids of not having full trading functionality, because I am yet to see someone trading with an S4 or S5.

I strongly advice that you find someone here or in 'real life' who trades with the phone you want to buy before buying it.