I am using royal financial trading and they are asic.
Good broker accepting canadians and the latency to server is 25ms from where i am
Good broker accepting canadians and the latency to server is 25ms from where i am
Recommended Brokers for Canadians 243 replies
Any suggestions on choosing brokers for Canadians 0 replies
Brokers for Canadians 1 reply
Why are brokers ditching Canadians? 2 replies
DislikedJust a note to all that due to new ASIC regulations, any ASIC brokers are now at risk to Canadian and other international traders. I got my notice that VantageFX are closing all non-Australian accounts. My option is to move to another subsidiary in the cayman islands or cash out. This is apparently the reason they site for closing the accounts: https://asic.gov.au/about-asic/news-...overseas-laws/Ignored
Disliked{quote} I am there customer... is it a good choice to move to cayman islands...??Ignored
Disliked{quote} It's not OK or a good choice for me personally. We lose all the regulatory power of ASIC, instead you deal with CIMA (Cayman Island's own authority). I don't know much about CIMA, but they are the regulations of a tiny country/nation state, so that's a no go for me risk wise. Vantage was always my backup/algo broker, i'll likely be moving to dukascopy (Swiss).Ignored
Disliked{quote} Could you offer some advice for broker selection?.. i am from toronto... dukascopy i’ll look into them... any other? Coz i dont want to keep all my eggs in the same basket...Ignored
Disliked{quote} Could you offer some advice for broker selection?.. i am from toronto... dukascopy i’ll look into them... any other? Coz i dont want to keep all my eggs in the same basket...Ignored
DislikedI moved my Vantage account over to the Cayman Islands division yesterday - zero interruptions in my trading. I have no reason not to trust that Vantage will keep up their good work. I also have an account with Dukascopy but I blew it up and haven't refunded it based on some troubling financial news coming from them. They are having some operating losses...makes me a little leery of re-funding my account. I have no problems with them otherwiseIgnored
DislikedIs anyone thinking of FXOpen.au fpmarkets Bullmarkets Globalprime or any other Australian brokers who accepts Canadian clients? Or what do you guys found so far Ex-ICMarkets client and still with VantageFX but i dunno whats the next move gonna beIgnored
Disliked{quote} I had looked into Global Prime and FP markets low spreads, excllent customer service and response time - The only thing that fears me is that fact that these guys or any Non Canadian based brokers dont have Canadian branches here and are not regulated under IIROC or have CIPF membership - Here, these you see guarantees the trader to a certain extent that whatever non sense the brokers may decide to do in the future we would get our cash back; the only thing that hurts more than loosing a trade and getting a margin call or account getting...Ignored
DislikedI moved my Vantage account over to the Cayman Islands division yesterday - zero interruptions in my trading. I have no reason not to trust that Vantage will keep up their good work. I also have an account with Dukascopy but I blew it up and haven't refunded it based on some troubling financial news coming from them. They are having some operating losses...makes me a little leery of re-funding my account. I have no problems with them otherwiseIgnored
Disliked{quote} It's not OK or a good choice for me personally. We lose all the regulatory power of ASIC, instead you deal with CIMA (Cayman Island's own authority). I don't know much about CIMA, but they are the regulations of a tiny country/nation state, so that's a no go for me risk wise. Vantage was always my backup/algo broker, i'll likely be moving to dukascopy (Swiss).Ignored
DislikedI moved my Vantage account over to the Cayman Islands division yesterday - zero interruptions in my trading. I have no reason not to trust that Vantage will keep up their good work. I also have an account with Dukascopy but I blew it up and haven't refunded it based on some troubling financial news coming from them. They are having some operating losses...makes me a little leery of re-funding my account. I have no problems with them otherwiseIgnored
Disliked{quote} How long have you been with Vantage? were you profitable with them all the period?Ignored