Jump to content

Exchange rate when deposit fund

By loke1996, in New Client Trading Questions

Recommended Posts

loke1996    0

loke1996
Posted (edited)

Can anyone please tell me is there any hidden cost or charges when deposit fund with debit card? Recent exchange rate of USD\MYR is  around 4.12. However, I need to use RM8900 in order to exchange 2000USD. The rate is almost 4.55. I already almost 10% when deposit.

Edited by loke1996

Share this post

Link to post

Evelyn    0

Evelyn
Posted

exchange rate for withdrawal of funds for USDSGD is about 70pips which is excessively high.  I am looking at other platform to trade shortly - if u know of better platform, pls let me know.  Thks

Share this post

Link to post

Evelyn    0

Evelyn
Posted

I find that their overnight swap rate also becoming very uncompetitive.

Share this post

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
Go To Topic Listing

  • Member Statistics

    • Total Topics
      7,881
    • Total Posts
      41,781
    • Total Members
      52,046
    ysiphamthingocngan
    Newest Member
    ysiphamthingocngan
    Joined 16/12/19 01:51
  • Trustpilot

  • Posts

    • Caseynotes
      Podcast

      By Caseynotes · Posted

      I think that was in reference to the different strategies as in a mean reversion system with smaller targets needs more trades than a trend following system that is longer term.
    • dmedin
      Podcast

      By dmedin · Posted

      'Trading only 50 times a year limits your P&L' 'Trading 500 times a year lets you exploit your edge' Pretty much goes against all professional wisdom on the subject of trading.  'The more you trade, the more you lose.'
    • dmedin
      How to trade the UK election

      By dmedin · Posted

      Just listened to the Jack Schwagger podcast.  Typical BS: Stick to the rules and be disciplined! Except when it stops working - then change the rules! Know the market!  Limit your losses!  Analyse every trade - that will help prevent you losing!  But everyone loses throughout their career!  It's all about losing less frequently!  Blah blah blah ... In other words, 'To hell with this ... I'm going to get rich by writing a book instead'

Markets

Forex

Indices

Shares

Other markets

IG services

Spread betting

CFD trading

Share dealing

Trading platforms

Web platform

Trading apps

Advanced platforms

Compare features

About Us

How we support you

What we do with your money

How does IG make money?

Professional trading

Contact us

Post topic on Community

Browse Help and Support

Education on Academy

Tweet us @IGClientHelp

IG | Terms and agreements | Privacy | Cookies

Follow us online:

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

CFD, share dealing and stocks and shares ISA accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. Both IG Markets Ltd (Register number 195355) and IG Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority.

The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

© 2003-2019

IG | Terms and agreements (UK) | Privacy (UK) | Cookies | Investors | Careers | Marketing partnership

×
×
  • Create New...