I've been looking for an ASIC regulated true DMA broker since new leverage restrictions will come into force on August 1 in Europe.
Which Australian broker is the equivalent of LMAX UK?
Which Australian broker is the equivalent of LMAX UK?
ASIC Regulated Forex Broker 25 replies
LMAX introducing broker with $1000 min deposit 2 replies
Need nsa, fsa or asic regulated broker that accepts liberty reserve 4 replies
CME E-equivalent 0 replies
Being Right and Making Money Are Not Equivalent, by Dr. Van K Tharp 2 replies
DislikedI've been looking for an ASIC regulated true DMA broker since new leverage restrictions will come into force on August 1 in Europe. Which Australian broker is the equivalent of LMAX UK?Ignored
Disliked{quote} Not a true DMA broker. They use hybrid book like most Australian brokers (Icmarkets, Pepperstone) do.Ignored
Disliked{quote} I use Eightcap for FX and CFDs don't think they offer DMA but they're about to offer MT5....FX CFD wise they've been great. I'm in my 3rd year with them.Ignored
DislikedAm working with Pepperstone for more then 2 years and very good experience up to nowIgnored
Disliked+1 for Global Prime. They offer to provide a trade receipt for the liquidity provider who filled your trade.Ignored
DislikedGlobal Prime is the only australian broker that i would touch. IC and Pepper are bucket shops.Ignored
DislikedGlobal Prime is the only australian broker that i would touch. IC and Pepper are bucket shops.Ignored
DislikedGlobal Prime has very good reviews. probably as close to DMA as you can get.Ignored
Disliked{quote} Just chatting with Global Prime this morning, shame about the leverage though, only 1:100 upon application with Global Prime. Then 1:200 if you are approved. IF they could increase their leverage I would be interested in opening several accounts with them. Something like 400:1 or 500:1 would be ideal, similar to Pepperstones offering, the Razor account I think they call it. I don't really see much use in Global Prime offering 100:1 for retail forex traders, and then having to be approved for 200:1 as if it some big deal? they are losing...Ignored
Disliked{quote} You mean reviews left by amateurs on ForexPeaceArmy? Global Prime is no match of ic markets. of course its not a match of lmax. in my view global prime is worse than both pepper and ic markets coz slower execution more slippage and wider spread. global charge the same commission as ic but a small hidden markup is added to the spread. do not be fooled by online promotions. LMAX execute orders in and around 5 ms ic markets execute orders in and around 40 ms. global prime do it in and around 80ms. thats right you pay commission to lose more...Ignored