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- Joined Feb 2012 | Status: Member | 2,799 Posts
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
Australia "ESMA" type rules 8 replies
Differences in Trading Behavior under new ESMA leverage rules 2 replies
Concerning New ESMA Regulation On Leveraged Trading 1 reply
MFSA finalizes new rules for Forex and CFD brokers 0 replies
Breaking News: Belgium bans all leveraged Forex, CFDs 92 replies
Disliked{quote} Are they taking European citizens? I was converted from Pepperstone Australia to UK on last autumn. SPIgnored
Disliked{quote} Let me snip the letter. {image} {image} I applied to be a professional and then got a phone call from customer manager. They also sent me an email regarding the conditions to be a professional trader. {image} SPIgnored
Disliked{quote} Let us know, when you do, surely it will clarify this point to a lot of traders in this thread. Thanks!Ignored
I can show up the working experience in the financial institution.
SP
Disliked{quote} This is the answer from Pepperstone UK account manager: "So what you'll need to provide is proof of at least 10 significant sized trades on average with a notional value of Usd10,000 for equities and Usd50,000 for forex, indices and commodities or equivalent in local currency. For example, 20 x 0.5 EUR/USD each quarter. I hope this clears things up. In regards to the leverage reduction, if you can't opt up to a professional, your leverage will go do to 30:1." For next condition: I have worked in the financial sector for at least one year...Ignored
Disliked{quote} I have worked in one bank here implementing the portfolio management software, but not as Forex trader.Ignored
DislikedToday ESMA said that it would be 30:1 on exotics and 20:1 leverage on majors i am using IC markets they are hold in Australia and dont comply to ESMA and they have 0 spread and 7 dollars a lot pr trade that is 0.7 dollar frr 0.1 lot and so on better broker doesnt exist and exelent coustomer relations with live chat and easy too veryfy dokuments and you get away from ESMA...Ignored