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Anyone here that trades Futures & Forex or Options in Australia?

  • #1
  • First Post: Sep 22, 2023 8:52pm Sep 22, 2023 8:52pm
I tried scalping the fx market a few years ago. I had some success but then I gave up after I recovered from an injury and went back to fulltime work. What is your preference for scalping and which broker do you use? For Forex brokers in Australia; it is now 30:1 leverage for FX majors. I wanted to trade Fx here in Aus but finding a decent broker is like finding a needle in a haystack. I was thinking about learning to trade futures instead. Any feedback would be appreciated.Thanks
  • #2
  • Sep 23, 2023 4:38am Sep 23, 2023 4:38am
Quoting moyes
I tried scalping the fx market a few years ago. I had some success but then I gave up after I recovered from an injury and went back to fulltime work. What is your preference for scalping and which broker do you use? For Forex brokers in Australia; it is now 30:1 leverage for FX majors. I wanted to trade Fx here in Aus but finding a decent broker is like finding a needle in a haystack. I was thinking about learning to trade futures instead. Any feedback would be appreciated.Thanks
Hi. I'm trading on Exness broker for years. I really satisfy from their service and platform. I find this broker after changing ten brokers.
Sina
  • #3
  • Sep 23, 2023 5:17am Sep 23, 2023 5:17am
Quoting moyes
I tried scalping the fx market a few years ago. I had some success but then I gave up after I recovered from an injury and went back to fulltime work. What is your preference for scalping and which broker do you use? For Forex brokers in Australia; it is now 30:1 leverage for FX majors. I wanted to trade Fx here in Aus but finding a decent broker is like finding a needle in a haystack. I was thinking about learning to trade futures instead. Any feedback would be appreciated.Thanks
I am currently trading with FXOpulence broker just because they allow crypto trading. Their service is also dedicated.
  • #4
  • Sep 23, 2023 9:26am Sep 23, 2023 9:26am
I am a full-time worker and part-time forex trader, so I traded hourly short-term trading with Pepperstone 5 years, recently I started using IC markets (Check my trade explorer), and I found both descent brokers but IC markets look like better spread (I only trade AUDJPY) but customer service wise Pepperstone is better than IC market, I trade only support and resistance trade setups and I do market analysis weekend and upload the trading analysis for AUDJPY in Youtube channel.
https://www.youtube.com/channel/UCVD...SV9kZRuv6ePckg
All my trades 3% risk of equity(risky), that's why the return looks good, but I am not a professional trader.
I hope I help you,
  • #5
  • Last Post: Oct 10, 2023 11:56am Oct 10, 2023 11:56am
Quoting GFT100
I am a full-time worker and part-time forex trader, so I traded hourly short-term trading with Pepperstone 5 years, recently I started using IC markets (Check my trade explorer), and I found both descent brokers but IC markets look like better spread (I only trade AUDJPY) but customer service wise Pepperstone is better than IC market, I trade only support and resistance trade setups and I do market analysis weekend and upload the trading analysis for AUDJPY in Youtube channel. https://www.youtube.com/channel/UCVD...SV9kZRuv6ePckg All...
hi sir, do you afraid that your account would go into negative, although pepperstone does provided negative balance protection, however one of its term stated that if pepperstone consider you as a client who's 'market abuse' or 'misconduct'. They wouldn't provide the negative balance protection. Honestly in my opinion the terms seems so confusing, i wonder if people have bigger amount of money actually use these mt4 plaforms.
I understand that some people do manipulate some gap or news section, however, the terms seems like random to me, that i feel like they could reserve the right to servicing me the 'negative balance protection' any time.
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