View Full Version : confused with warka>isx
i3rain
09-25-2008, 10:54 AM
hey ive been following just dinar speculation for quite some time and have always been interested in warka and isx investment but now want to fully commit. I would like to start although i am very confused from what people say all over these forums. From my understanding you need a warka account to get a isx account.
For warka i first read somewhere you only need $300K NID and $150 USD to open up and account, but the instructions i received says alteast $500 USD.
For isx you need $2,200,000 NID to start and that it will be automatically divided into x amounts for each company that they already have laid out. So if you want to invest more they will have to be in 50k shares worth each time for what ever company?
Sorry for the questions but some other people i talk to and want to invest in warka and isx are also confused so i decided to put myself out there. Thanks in advance for the MUCH needed help!
You do not have to have a Warka account. But it is the easiest way to enter the ISX.
As far as I'm aware the minimums are still 300'000 Dinar and $150. Who told you you need at least $500?
Maybe the instructions mean you need to send $500 so that you have $150 and change the remaining $300ish into Dinar. You'll lose some money as you'll get charged for the wire transfer.
"For isx you need $2,200,000 NID to start and that it will be automatically divided into x amounts for each company that they already have laid out. So if you want to invest more they will have to be in 50k shares worth each time for what ever company?"
The above makes no sense at all.
You can start with any amount of money. However you have to buy 100'000 shares of the company you choose to purchase.
So say you look at all of the companies trading on the ISX and you want to buy into Warka and Babylon Bank. You would have to buy AT LEAST 100'000 shares of Warka AND 100'000 shares of Babylon.
It used to be 50'000 but has VERY recently changed to 100'000.
Hope that helps. :yes:
8ball
09-30-2008, 05:41 PM
I believe the minimum USD is going up on new accounts....
I heard allot higher then that....
8ball
I believe the minimum USD is going up on new accounts....
I heard allot higher then that....
8ball
An email to Mr I will answer that question.
I've had my account for a while so I don't doubt it might've changed. :yes:
Hopefully the majority of what I posted will save "i3rain" having to keep emailling Mr I.
8ball
09-30-2008, 06:39 PM
Well I don't have either ...had one for awhile..
8ball
RoyalBeluga
09-30-2008, 06:40 PM
An email to Mr I will answer that question.
I've had my account for a while so I don't doubt it might've changed. :yes:
Hopefully the majority of what I posted will save "i3rain" having to keep emailling Mr I.
Who the heck chooses i3rain as a name anyway :giggle:
Ok no offence just pulling your leg i3rain :shhh:
cowpoke
09-30-2008, 07:33 PM
How much do you have to invest or are willing to loose, what are your goals? I will personally guide you through the whole process.
If you do not wish to post openly your position, then PM me. Also, beware of Scam artist PM's from people who have less than a Hundred verifiable post and yet tell you to listen to them.
On a Side note:
ISX people generally take a bit longer to respond to questions because they/we are the actual WORKERS/PRODUCERS in the world.
We have responsibilities/work to do so most of us don't sit and wait for a magic wand to be waved to make our lives better, we are the creators of our own destination..:smiley:
Mucho_Dinaro
09-30-2008, 10:12 PM
Cowpoke is legit, He helped me out also. And don't worry, he really doesn't look like the picture on his avatar.
RotaryRevn
09-30-2008, 10:17 PM
Cowpoke is legit, He helped me out also. And don't worry, he really doesn't look like the picture on his avatar.
I agree, you can trust Brother Poke. He will lead the way.
yunowu
09-30-2008, 10:20 PM
Yep !! Poke is the man !!
Cowpoke is legit, He helped me out also. And don't worry, he really doesn't look like the picture on his avatar.
looks like the used car salesman from the south side that sold me that Edsel! :rofl::wink:
How much do you have to invest or are willing to loose, what are your goals? I will personally guide you through the whole process.
If you do not wish to post openly your position, then PM me. Also, beware of Scam artist PM's from people who have less than a Hundred verifiable post and yet tell you to listen to them.
On a Side note:
ISX people generally take a bit longer to respond to questions because they/we are the actual WORKERS/PRODUCERS in the world.
We have responsibilities/work to do so most of us don't sit and wait for a magic wand to be waved to make our lives better, we are the creators of our own destination..:smiley:
I'm liking that statement...:biggrin:
Cowpoke is legit, He helped me out also. And don't worry, he really doesn't look like the picture on his avatar.
That had me giggling a bit...:yelrotflmao:
Mucho_Dinaro
10-01-2008, 11:04 AM
That guy sold me my own car! :headbang: I should have known the price was too good to be true. :yelrotflmao::yelrotflmao::yelrotflmao:
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