Yes. You'll have to pay tax on any profits earned and it will not be capital gains; it will be income tax rates. The only break you get is that it'll be considered business income like a sole proprietorship so you can write off any expenses you ...

IIROC has just destroyed the Forex market for Canadians with absolutely absurd margin requirements like classifying the AUD/JPY for example as an exotic instrument with...for some reason...14.3:1 margin requirements. Yeah...fourteen point three...IF ...

Heya guys. Just wanted to chime in with a positive word for Pepperstone. I know some of you seem to have had negative experiences, but I've been with them for years, and I've only ever had very positive experiences. They've always been very ...

Didn't see any new tweets from Trump. Haha. I'm curious too. What the heck was that?!

It's not really that rules have been changed; it's just that retail forex has had an increasing number of products develop for consumer level traders because of an active consumer level marketplace. Dark pools especially are useful because they ...

That used to be true, but liquidity markets have opened up in a big way over the past few years. With the expansion of dark liquidity pools especially, even micro lots can be routed directly to liquidity pools. The smaller your lots, the fewer pools ...

Well, their big savings advantage is more because they're not trading in the market by the looks of it. With FX brokers, you're actually trading currency lots in the interbank market. With a spread betting service, you're typically just betting on ...

DerPat actually brings up something important that I had forgotten about. Too many years away from FX forums, and being a Canadian. The only "major" difference between forex and spread betting in the UK is that spread betting is considered gambling, ...

I'm a big Pepperstone booster, (apparently) but that "core spreads" outfit doesn't look bad at first glance. It's also $1 less than pepperstone per 100,000 unit round turn. If they really are a regulated UK outfit with some history in the space, ...

It's entirely unreasonable to just expect that your broker expose themselves to market risks because you're overleveraged. If you don't want to be exposed to the risk management practices of a broker who doesn't share your risk tolerances, go trade ...

Of course they'd likely try to avoid admission of guilt if that were the case, but considering that we haven't heard anything about his lawsuit in the years since it was filed, and since Pepperstone claimed to actually have notified ASIC of the ...

Pepperstone terminated his contract for other reasons they claim, and his million dollar lawsuit seems to have gone nowhere. Pepperstone says that they actually alerted ASIC of the insider trading stuff before their employee did. But hey, let's ...

OP keeps referencing bad broker reviews on FPA. Firstly, every broker has bad reviews from bad traders on FPA. Secondly, there has never been a single Trader's Court case on FPA against Pepperstone. Not a single one. If OP gives such weight to the ...

A $100 real account. My monthly cellular bill is more than that.

You may not be asking whether or not Pepperstone is good, but if you trash a business that some of us work with, and that some of us view favourably, then yes you had better expect that people will defend the business that is beneficial to them. ...

Trader was seriously over leveraged and in my estimation, definitely was not entitled to the compensation he recieved. Threads like this are one reason I left FF behind (save one post about a technical question) for a good 4 years. I've been with ...

EDIT: I'm sorry, it seems this question was answered on the first page and somehow I missed it or forgot reading it. It would seem that indeed, this would be a bearish engulfing example. I've been curious as to how different people interpret ...

I would be careful in respect to using Introducing Brokers to get rebates as some people in the past have experienced inflated spreads when using an IB. Whether this is the fault of the IB or the actual Broker is often up for debate and a muddy ...

There will always be a daylight savings time change in any time zone. If you get a broker that is +2GMT, it will change twice a year. If you get a broker that is +0 GMT (same time as Greenwich Mean Time) then it will also change twice a year. ...

May I ask what you mean by chart time UK? I would normally think this to mean GMT as the UK is all GMT +0 (Or the Western European Time Zone) so far as I understand it.