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Pepperstone Forex

  • #3,321
  • Dec 13, 2017 2:20pm Dec 13, 2017 2:20pm
Quoting MaxViolet
nuff said, rip profit from newyear rally on criptocurrency...will leave those scrubs asap fcuk this broker guys {image} {image}
That is fucked up. They stopped you out when actually price did not even hit there. lol wtf is going on with Pepperstone.
  • #3,322
  • Dec 13, 2017 2:28pm Dec 13, 2017 2:28pm
Yeah something about these guys the way they over advertise, keep calling and pushing the product. If youre in australia axi trader have been amazing.
  • #3,323
  • Dec 14, 2017 3:41am Dec 14, 2017 3:41am
Quoting MaxViolet
nuff said, rip profit from newyear rally on criptocurrency...will leave those scrubs asap fcuk this broker guys {image} {image}

They screwed me over too. A huge imaginary spike that was on no other charts and lost me a big chunk of my account. They have refunded me the losses but not reopened the trade costing me a huge profit. Now they aren't even bothering replying to my emails. Does anyone know if there is an ombudsman I can complain too?

Anyone know a new broker? I don't trust them anymore.....

MP
Gravity goes both ways in forex...
  • #3,324
  • Dec 14, 2017 4:13am Dec 14, 2017 4:13am
Quoting max pips
{quote} They screwed me over too. A huge imaginary spike that was on no other charts and lost me a big chunk of my account. They have refunded me the losses but not reopened the trade costing me a huge profit. Now they aren't even bothering replying to my emails. Does anyone know if there is an ombudsman I can complain too? Anyone know a new broker? I don't trust them anymore..... MP
Ombudsman: https://www.fos.org.au/
File a case at Forexpeacearmy: http://www.forexpeacearmy.com/commun...traders-court/
Complain to ASIC: https://www.edge.asic.gov.au/008/com...eeb3899a9288ba

There's also an international lawsuit you can do. but only if necessary. I know of a website but I forgot it.
  • #3,325
  • Dec 14, 2017 4:40am Dec 14, 2017 4:40am
Quoting max pips
{quote} They screwed me over too. A huge imaginary spike that was on no other charts and lost me a big chunk of my account. They have refunded me the losses but not reopened the trade costing me a huge profit. Now they aren't even bothering replying to my emails. Does anyone know if there is an ombudsman I can complain too? Anyone know a new broker? I don't trust them anymore..... MP
i'm in exactly the same situation, they refunded me loses as if i've closed my positions on ~600$ price whilst it is already 700+ and will barely retrace to 400 (where i opened my orders). What does it mean in common sense? - A unique investing possibility is lost due to some crappy price filtering in (as i thought so far) reliable broker.
And of course i prefer to get my positions reopened (best scenario) or refunded at current price.
------------------------------------------------
as far as i know, it's the right place to open a dispute: https://www.fos.org.au/
i wonder if anyone got any info about the process and similar cases, any help is appreciated
---------------------------------------------
another screenshot attached, just look at this "tight" spread (upper left corner)
Attached Image (click to enlarge)
Click to Enlarge Name: Pepperstone-Edge05 - [Ethereum,M1].png Size: 42 KB
  • #3,326
  • Dec 14, 2017 4:44am Dec 14, 2017 4:44am
Quoting max pips
{quote} They screwed me over too. A huge imaginary spike that was on no other charts and lost me a big chunk of my account. They have refunded me the losses but not reopened the trade costing me a huge profit. Now they aren't even bothering replying to my emails. Does anyone know if there is an ombudsman I can complain too? Anyone know a new broker? I don't trust them anymore..... MP
Well Pepperstone for me are still okay, no problems so far... touch wood

But I learnt long ago that if you are serious about forex trading and protecting your capital the best thing you can do is split it up between different brokers.
So do not just find one but a few ... I have more than a few ;-)

I use MT4 on my telephone and it is very easy to switch between the accounts for trading.

I have FXPRO, FXCM, XM, Pepperstone, Alpari, Easy Forex..... and a few others lol

Good luck
  • #3,327
  • Dec 14, 2017 4:54am Dec 14, 2017 4:54am
Quoting maflip
{quote} Ombudsman: https://www.fos.org.au/ File a case at Forexpeacearmy: http://www.forexpeacearmy.com/commun...traders-court/ Complain to ASIC: https://www.edge.asic.gov.au/008/com...eeb3899a9288ba There's also an international lawsuit you can do. but only if necessary. I know of a website but I forgot it.
thanks a lot for the intel, mate, really appreciate it!
  • #3,328
  • Dec 14, 2017 7:52am Dec 14, 2017 7:52am
Quoting NoStopsXXL
{quote} Well Pepperstone for me are still okay, no problems so far... touch wood But I learnt long ago that if you are serious about forex trading and protecting your capital the best thing you can do is split it up between different brokers. So do not just find one but a few ... I have more than a few ;-) I use MT4 on my telephone and it is very easy to switch between the accounts for trading. I have FXPRO, FXCM, XM, Pepperstone, Alpari, Easy Forex..... and a few others lol Good luck
Hi,

I agree with you




Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #3,329
  • Dec 14, 2017 12:58pm Dec 14, 2017 12:58pm
If thinking of switching try Global Prime I checked FPA all reviews are good. The only thing I don't like is they don't have paypal withdrawals.
  • #3,330
  • Dec 18, 2017 10:18am Dec 18, 2017 10:18am
Quoting trader121
Question: Their website states that the maximum leverage provided is 400:1. Are there any restrictions on that leverage, for example regarding the account balance, trade size etc?
Other brokers that are said to offer such high leverage include Justforex, AAFX, FBS, and FXglory. these brokers offere a higher leverage of up to 1:3000. I tend to think this is the most dangerous leverage to be used by anyone!
  • #3,331
  • Dec 28, 2017 1:22am Dec 28, 2017 1:22am
I just updated my macOS Sierra to the new version as I wanted to take advantage of the new table function in Notes. However, when I now try to open the Pepperstone MT4 app it no longer brings up the charting window, literally no window comes up.

Has anyone else encountered this problem?

My only solution right now is to get a virtual machine such as Parallels which would be too much hassle
To Pipccess and Beyond
  • #3,332
  • Feb 22, 2018 10:26pm Feb 22, 2018 10:26pm
Parallels is the only way to go when running MT4 on a Mac (compared to the Wine MT4 wrapper). It is very slick and makes life so much easier.
  • #3,333
  • Feb 23, 2018 1:12am Feb 23, 2018 1:12am
Quoting pakeha
Parallels is the only way to go when running MT4 on a Mac (compared to the Wine MT4 wrapper). It is very slick and makes life so much easier.
Why use either? Why not just use the native client? https://pepperstone.com/uk/trading-p...tatrader-4-mac
  • #3,334
  • Feb 23, 2018 2:05am Feb 23, 2018 2:05am
Quoting forexin101
I just updated my macOS Sierra to the new version as I wanted to take advantage of the new table function in Notes. However, when I now try to open the Pepperstone MT4 app it no longer brings up the charting window, literally no window comes up. Has anyone else encountered this problem? My only solution right now is to get a virtual machine such as Parallels which would be too much hassle
Very likely the software (wine based virtualization) is not supported by new Mac OS. I used to use commercial version (CrossOver), and experienced some malfunction after Mac OS update. You need to wait until the vendor updates the software.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,335
  • Feb 23, 2018 2:08am Feb 23, 2018 2:08am
Quoting TheMaxx
{quote} Why use either? Why not just use the native client? https://pepperstone.com/uk/trading-p...tatrader-4-mac
This is NOT native MT4 at all. It's just similar virtualization software based on Wine or other similar open source project. The performance is similar to Windows virtualization software such as Parallels, Fusion or Virtualbox. It's shame Metaquotes is not interested in porting MT4 to Mac native.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,336
  • Feb 23, 2018 3:32am Feb 23, 2018 3:32am
Quoting heispark
{quote} This is NOT native MT4 at all. It's just similar virtualization software based on Wine or other similar open source project. The performance is similar to Windows virtualization software such as Parallels, Fusion or Virtualbox. It's shame Metaquotes is not interested in porting MT4 to Mac native.
Thank you, I did not know this.
  • #3,337
  • Feb 27, 2018 11:22am Feb 27, 2018 11:22am
Quoting NoStopsXXL
{quote} Well Pepperstone for me are still okay, no problems so far... touch wood But I learnt long ago that if you are serious about forex trading and protecting your capital the best thing you can do is split it up between different brokers. So do not just find one but a few ... I have more than a few ;-) I use MT4 on my telephone and it is very easy to switch between the accounts for trading. I have FXPRO, FXCM, XM, Pepperstone, Alpari, Easy Forex..... and a few others lol Good luck
Since you have quite a few brokers could you (or someone) answer a few questions for me if you have info:
1. Have you ever compared them at the same time side by side, I mean during news, during night, london opening etc. Have you observed their spread widening, slippage for market orders(buy/sell button), slippage for limit orders.

2. Who gets the most (or the longest) platform freezings?

3. When you observe everything, whoose conditions seems the best?


I am going to also add my two cents. I have been with IC markets for 5 years, and their biggest problem were terrible platform freezes on news, but that was solved some two years ago when they added more servers. But then again lately I've had a couple of news trading issues, not total freezes, but orders delayed by 3-5 sec. It seems as they grow, so do the servers start delaying. But this ends about 5-10min after news.
About the slippage, I don't know what do you guys do with your trades, but my biggest slippage EVER is a few pips. In 99% case my slippage is 0.2-0.5 pips (small volume, and only majors). If I ever get slippage with any broker of 10-20 pips(100-200points so newbies don't get confused), I am closing my account.
Also I haven't noticed any significant spread widening, on worst news it's a few pips on majors(and I don't trade the first 1-2min).
When I see any spike on a chart (even 1 min), it is always tradable- I rarelly look at spread in pips, I always have bid and ask levels visible in my charts, but when the levels almost touch each other, you know it's tradable.

Now I started looking for a backup broker, but with all these stories about slippage, spread widening etc, I have no idea. If someone has some serious side by side comparisons it would save me a lot of time opening live accounts with all of them. Thanks
  • #3,338
  • Mar 8, 2018 7:41am Mar 8, 2018 7:41am
Quoting maflip
{quote} That is fucked up. They stopped you out when actually price did not even hit there. lol wtf is going on with Pepperstone.
I've numbers of same experienced too
  • #3,339
  • Edited 12:30pm Mar 9, 2018 12:10pm | Edited 12:30pm
Can someone on pepperstone live account say did you have platform freeze today during NFP. If yes, for how long? Was it constant, or off/on?
I had 10 min freeze on other broker so I would like to compare.
Mine was off and on, but still wasn' tradable. Ironic thing is the spread was great, in the seconds when I had connection.
And pls only comment about LIVE account.
  • #3,340
  • Mar 10, 2018 3:08am Mar 10, 2018 3:08am
i had no freezes at all. as always pepperstone worked well during nfp anncmts
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