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Pepperstone Forex

  • #2,961
  • Nov 8, 2015 11:06am Nov 8, 2015 11:06am
Quoting entheos
{quote} their mt4 and ctrader are often disconnected at the news time.
Not for nothing, but Pepper's cTrader was stable even during the swiss floor un-peg event.. not a beat skipped..

So I'm not sure what you're going on about.
FXGears.com
  • #2,962
  • Nov 8, 2015 11:08am Nov 8, 2015 11:08am
Quoting entheos
{quote} I`m always watching 3 brokers mt4 and surf the internet. other brokers are no problem. my internet connection is no problem. FYI my internet is 1Gbps. one more, 100M wifi is free in our country . bus,station,street,,,...
Are you testing demo or live?

Pepper's live accounts are fine.. demo doesn't get as much resources.
FXGears.com
  • #2,963
  • Nov 8, 2015 12:12pm Nov 8, 2015 12:12pm
Quoting entheos
{quote} I`m always watching 3 brokers mt4 and surf the internet. other brokers are no problem. my internet connection is no problem. FYI my internet is 1Gbps. one more, 100M wifi is free in our country . bus,station,street,,,...
your Internet (theoretical) maximum bandwidth doesn't matter in that case.
MT4, Ctrader, jforex, Currenex, Fortex, EBS, ...etc, barley need 128Kbps to get quotes stream.
what really matters is the latency.

you could have 100Gbps if you're latency is bad, your order execution will be bad too.
wifi tend to have terrible latencies and depending on how many people are connected to the same wifi as you, you may experience time outs (few seconds where the wifi router will simply not respond).

that being said i only used Ctrader on demo and never noticed such problem, maybe i didn't use it enough.
however i did notice some freezing times (few seconds) where the quote stream just stops on MT4, but they're quite rare, you really need to look at your terminal 24/7 to find those and it never happened during news times as far as i'm concerned.
i lose money for a living
  • #2,964
  • Nov 8, 2015 12:59pm Nov 8, 2015 12:59pm
Quoting tylerbose
{quote} your Internet (theoretical) maximum bandwidth doesn't matter in that case. MT4, Ctrader, jforex, Currenex, Fortex, EBS, ...etc, barley need 128Kbps to get quotes stream. what really matters is the latency. you could have 100Gbps if you're latency is bad, your order execution will be bad too. wifi tend to have terrible latencies and depending on how many people are connected to the same wifi as you, you may experience time outs (few seconds where the wifi router will simply not respond). that being said i only used Ctrader on demo and never...
Being a fxtrader is not easy. Ones must working hard.
  • #2,965
  • Nov 8, 2015 2:07pm Nov 8, 2015 2:07pm
Quoting entheos
{quote} their mt4 and ctrader are often disconnected at the news time.
Are they?

It did happen before and I recorded it on my mobile phone thinking I would need it to send to Pepperstone support to prove it had frozen.
But they replied to my email apologising for the freeze, telling me it was a problem their end.

Normally I do not need to watch the platform so closely but I do now and as it happens the first 2 1/2 minutes went well and I did not lose any money due to the freeze.
If it had happened 30 seconds earlier I would have lost out.
It's something that could easily be missed and you may have freezes and not even notice. This was long enough to notice.

The internet connection here is the best I have ever had in any property.

It is just a but worrying as like I said my other 2 live broker platforms did not freeze.

I am going to record it next month.
  • #2,966
  • Nov 8, 2015 8:28pm Nov 8, 2015 8:28pm
Quoting normtold
{quote} Are they? It did happen before and I recorded it on my mobile phone thinking I would need it to send to Pepperstone support to prove it had frozen. But they replied to my email apologising for the freeze, telling me it was a problem their end. Normally I do not need to watch the platform so closely but I do now and as it happens the first 2 1/2 minutes went well and I did not lose any money due to the freeze. If it had happened 30 seconds earlier I would have lost out. It's something that could easily be missed and you may have freezes and...
Honestly, recording your screen, is the best thing to do. The reality is if your broker doesn't lag for an entire session, and then seconds prior to high impact news, it does, then it is clear as day to assume that it is your broker having issues and not you as the client. Anyone trading for more then a month knows that high impact news causes spreads to widen, and for servers to Timeout, which we all have been told is due to "low liquidity". We know that the low liquidity is just an excuse to justify the crazy spreads, and time outs which can kill over leverage accounts, or people trying to get into the big ride which comes after high impact news.
  • #2,967
  • Nov 9, 2015 4:43pm Nov 9, 2015 4:43pm
Are they any slippage on Pepperstone transactions? Are withdrawals ok?

Can you guys recommend Pepperstone?

Is it scam or is it ok?
  • #2,968
  • Nov 9, 2015 5:20pm Nov 9, 2015 5:20pm
Quoting NoobPie
{quote} Honestly, recording your screen, is the best thing to do. The reality is if your broker doesn't lag for an entire session, and then seconds prior to high impact news, it does, then it is clear as day to assume that it is your broker having issues and not you as the client. Anyone trading for more then a month knows that high impact news causes spreads to widen, and for servers to Timeout, which we all have been told is due to "low liquidity". We know that the low liquidity is just an excuse to justify the crazy spreads, and time outs which...
As more than 8 years in forex world I don't trade 30 minutes before red news releases then I will start to trade 15 minutes after the red new released.

I don't have any problem at all. My preferred broker is Pepperstone. My withdrawal is 48 hours max. It is no scam. Now I have to tell you each trader has his own problem with the broker. Maybe it is a karma. Then search another broker with regulations.

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #2,969
  • Nov 9, 2015 5:22pm Nov 9, 2015 5:22pm
Quoting Kubiasty
Are they any slippage on Pepperstone transactions? Are withdrawals ok? Can you guys recommend Pepperstone? Is it scam or is it ok?
See post#2968


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #2,970
  • Edited 4:32pm Nov 10, 2015 4:19pm | Edited 4:32pm
@ enthenos: had enough of your garbage posts. Move along if you are not happy. Or, do you have a hidden agenda maybe? None the less, bye bye. Here is a song to help you while your moving along picked just for you yeah.
Inserted Video
Fuck Forex Factory.Wake up people.
  • #2,971
  • Edited 5:54pm Nov 10, 2015 4:48pm | Edited 5:54pm
What's up with dumbass FF? Can't post a video link that works on all platforms.... Use to... hmmm...
Fuck Forex Factory.Wake up people.
  • #2,972
  • Nov 12, 2015 3:44am Nov 12, 2015 3:44am
Quoting tylerbose
{quote} your Internet (theoretical) maximum bandwidth doesn't matter in that case. MT4, Ctrader, jforex, Currenex, Fortex, EBS, ...etc, barley need 128Kbps to get quotes stream. what really matters is the latency. you could have 100Gbps if you're latency is bad, your order execution will be bad too. wifi tend to have terrible latencies and depending on how many people are connected to the same wifi as you, you may experience time outs (few seconds where the wifi router will simply not respond). that being said i only used Ctrader on demo and never...
I didn`t say i use wifi for trade.
I said merely 100mpbs wifi is free in our country.
in bus,station,street,....
I don`t believe aus brokers.
Watch their PDS.
  • #2,973
  • Nov 12, 2015 3:46am Nov 12, 2015 3:46am
Quoting ramy3
@ enthenos: had enough of your garbage posts. Move along if you are not happy. Or, do you have a hidden agenda maybe? None the less, bye bye. Here is a song to help you while your moving along picked just for you yeah. https://www.youtube.com/watch?featur...&v=Yog-cNfqnig
Hi, garbage mouth.
Rush in ditch.LOL
  • #2,974
  • Nov 12, 2015 5:51am Nov 12, 2015 5:51am
Quoting entheos
{quote}... I don`t believe aus brokers. Watch their PDS.
so you have an already made opinion and is just here to trash Ausi brokers ?
i lose money for a living
  • #2,975
  • Edited 10:29am Nov 12, 2015 9:16am | Edited 10:29am
Quoting tylerbose
{quote} so you have an already made opinion and is just here to trash Ausi brokers ?
He is just another paid competitor troll... Will be back to bitch slap him around a bit later, or not. Will depend on how i feel. Trying to avoid pages and pages of more garbage.
Fuck Forex Factory.Wake up people.
  • #2,976
  • Nov 19, 2015 1:51am Nov 19, 2015 1:51am
I have a question for Pepperstone clients.

Do Pepperstone have a negative balance protection scheme in place like some other Brokers?

The below picture is from FXGlobe. not Pepperstone.
Obviously it is a rogue spike and did not occur on any other platform I use, demo or live. But scary none the less.
Attached Image (click to enlarge)
Click to Enlarge Name: FXGlobe GU.png Size: 22 KB
  • #2,977
  • Nov 19, 2015 2:17am Nov 19, 2015 2:17am
Covered earlier in thread I believe - protection is via margin call, closing your positions. By the time positions are closed yes you could have negative balance and be up for the $$, in saying that if someone else in the pool of funds goes down you could loose your balance also.

ahh here it is, have a read of a few pages around here:-
http://www.forexfactory.com/showthre...90#post8006890
  • #2,978
  • Nov 19, 2015 2:33am Nov 19, 2015 2:33am
Quoting normtold
I have a question for Pepperstone clients. Do Pepperstone have a negative balance protection scheme in place like some other Brokers? The below picture is from FXGlobe. not Pepperstone. Obviously it is a rogue spike and did not occur on any other platform I use, demo or live. But scary none the less. {image}
Maybe you need to read again on their site:

Standard accounts includes negative balance protection while Razor accounts do not (I couldn't find anything other about it!)
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #2,979
  • Nov 19, 2015 3:05am Nov 19, 2015 3:05am
Thank-you FFBinary for the link. I took a break from trading when that was posted so I had not read it.

Basically, Pepperstone will stop out our trades ( I believe the S/O level is 10%) before negative equity is reached but if the market moves fast or a catastrophic event occurs then clients like myself using a Razor account will be liable to pay back the negative balance.

Have I understood it correctly?

That scares the heck out of me. I do only trade EU and GU these days, and cautiously but a negative balance scenario could still happen with a major news event.
  • #2,980
  • Nov 22, 2015 4:14am Nov 22, 2015 4:14am
That is my understanding, don't forget other clients that go negative could result in loss of your funds also.

I took on board what JibalaPasan said and checked out website:-
https://pepperstone.com/en/forex-tra...tions-overview
Quote
Negative balance protection*, automated Risk Management System
*Losses may exceed your deposit amount. The Pepperstone MT4 and cTrader platforms have a built-in automatic stop-out system, however this does not guarantee the balance will not go into negative; trade execution depends on market liquidity and pricing.

It's protection, not a guarantee. Scary yes, but really someone has to pick up the tab.
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