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Pepperstone Forex

  • #601
  • May 22, 2012 3:47am May 22, 2012 3:47am
Quoting 4extool
I'll refer to pepperstone as "P"

 There is no mention of the 3% visa deposit fee until after you've sent them a copy of you visa card and you're ready to transfer.

How difficult is it that, when you click on funding, you see exactly what each method costs?

Like this...........
https://pepperstone.com/clients/funding/credit-card.php

click: Fund via credit card
Bank fees are included
  • #602
  • May 22, 2012 3:51am May 22, 2012 3:51am
Quoting Jose Louis
Dont they have Pamm Accounts to trade? seems really difficult to find reliable broker with the Pamm accs opportunity...
https://pepperstone.com/trading-platforms/mam-pamm.php
  • #603
  • May 22, 2012 3:52am May 22, 2012 3:52am
Both my responses were taken directly from Pepperstone website.
It's not that hard is it?
  • #604
  • Edited 6:24am May 22, 2012 4:33am | Edited 6:24am
And, for the “lazier” people like myself that don’t feel like reading threw pages and pages, you could make yourself a question list similar to this one and email the broker directly before signing up...

They will be more than happy to answer you.

//---------------------------------------------------------------------------------------------------------------------------------
I have a couple of questions.

1. Any minimum of pips gained per trade, or time holding a position? Is scalping allowed?
2. What’s the minimum take profit and stop loss distance?
3. Can I trade micro lots (0.01) with a regular account?
4. Any trading limits? Some brokers do not allow more than 5 or 20 lot trades. Any maximum trade size?
5. Any maintenance or other account fees?
6. What are the margin calls and stop out Levels?
7. Does my account earn any interest? How much interest does my account earn?
8. What is your maximum leverage? 1:400 on all account sizes/amounts?
9. What are your funding and withdrawal fees via MasterCard and bank transfer?
10. What is your cheapest way of funding an account?
11. If i signup via an introducing broker/IB and have a referrer linked to my rebate, will the rebate be added to the spread or will i have the same spreads as everyone else?


Thank you

Ramy
//------------------------------------------------------------------------------------------------------------------------------------
Fuck Forex Factory.Wake up people.
  • #605
  • May 22, 2012 5:05am May 22, 2012 5:05am
Quoting ramy3
And, for the “lazier” people like myself that don’t feel like reading threw pages and pages, you could make yourself a question list similar to this one and email the broker directly before signing up...

They will be more than happy to answer you.

//---------------------------------------------------------------------------------------------------------------------------------
I have a couple of questions.

1. Any minimum of pips gained per trade, or time held for a position? Is scalping allowed?
2. What’s the minimum take profit and stop loss?
3....

Exactly.

It's called Due Diligence.
  • #606
  • May 22, 2012 7:34am May 22, 2012 7:34am
Quoting Jose Louis
Dont they have Pamm Accounts to trade? seems really difficult to find reliable broker with the Pamm accs opportunity...
As a PAMM manager or as a client looking for managers to invest with?

They do offer PAMM accounts for money managers but you'll need to contact them directly for this.
FXGears.com
  • #607
  • May 22, 2012 7:36am May 22, 2012 7:36am
Quoting Alpha-Bet
Like this...........
https://pepperstone.com/clients/funding/credit-card.php

click: Fund via credit card
Bank fees are included
Exactly, the bank fees are clearly listed right there on the site when you do a credit card deposit.

FXGears.com
  • #608
  • May 22, 2012 8:30am May 22, 2012 8:30am
Quoting Jack_Larkin
Exactly, the bank fees are clearly listed right there on the site when you do a credit card deposit.

And that's the problem. "when you do a credit card deposit"

I'd like to know before I decide to deposit. It's something that weighs in my decision to deposit or not. They are deliberately hiding it till the last moment.

This is the page where it should be:

https://pepperstone.com/clients/funding.php
It's my price or no price at all!
  • #609
  • May 22, 2012 8:36am May 22, 2012 8:36am
Quoting 4extool
And that's the problem. "when you do a credit card deposit"

I'd like to know before I decide to deposit. It's something that weighs in my decision to deposit or not. They are deliberately hiding it till the last moment.

This is the page where it should be:

https://pepperstone.com/clients/funding.php
In any case, if you want something without fees you can do a local bank transfer. It takes a few days, but it beats paying a CC fee or wire charge.
FXGears.com
  • #610
  • May 22, 2012 8:47am May 22, 2012 8:47am
Quoting Jack_Larkin
In any case, if you want something without fees you can do a local bank transfer. It takes a few days, but it beats paying a CC fee or wire charge.
Ouch, you don't know how things work where I live :-)

Sending money abroad is difficult task. But the steps I have too take when sending bigger amounts will be surely worth it.

I have to leave the country, Thailand is an 1.5 hours flight, and come back' declare X amount in dollars I bring into the country to customs. With this declaration and dollars I can go to my bank, deposit and transfer.

Anyway, back to my trading plan
It's my price or no price at all!
  • #611
  • Edited 8:45pm May 22, 2012 9:26am | Edited 8:45pm
Quoting 4extool
Ouch, you don't know how things work where I live :-)

Sending money abroad is difficult task. But the steps I have too take when sending bigger amounts will be surely worth it.

I have to leave the country, Thailand is an 1.5 hours flight, and come back' declare X amount in dollars I bring into the country to customs. With this declaration and dollars I can go to my bank, deposit and transfer.

Anyway, back to my trading plan

Dude, we are all trying to help here, out of our own free time. Why would you go and burn someone who is trying to help you out?

Banking methods are/should be universal. Unless, i am missing something... All money transfers cost money ( besides some exceptions, which are very fiew). You will need to look into those on your own. Why would you need to cross any borders with money? Everything is done electronically now. Like I said. Unless I am missing something… Not sure how things work in Vietnam. But, I am pretty sure that your banks work the same as our banks work.

You state that “P”(per your own abbreviation) is hiding something till the end. It’s your choice to say yes or no on the final click…

I have read some of your posts and I think you are smart,( besides this episode…)

And why would you’re original post be in very large letters? Besides the fact that you are looking for some attention, and it’s working… and it’s annoying…

Anyways, cost of transactions are a part of life, you need to deal with it. Not saying that you cannot look for better.

I now fund my account via bank transfer. The % charged is way lower this way.

Just venting a bit, lol. i may be a bit tired as well, lol.
Fuck Forex Factory.Wake up people.
  • #612
  • May 22, 2012 9:57am May 22, 2012 9:57am
Quoting ramy3
Dude, we are all trying to help here, out of our own free time. Why would you go and burn someone who is trying to help you out?

Banking methods are/should be universal. Unless, i am missing something... All money transfers cost money ( besides some exceptions, which are very fiew). You will need to look into those on your own. Why would you need to cross any borders with money? Everything is done electronically now. Like I said. Unless I am missing something… Not sure how things work in Vietnam. But, I am pretty sure that your banks work the...
Ramy, you are way out of line here. If you refer to my comment to Jack as burning him. I'm pretty sure that he doesn't see it that way. and if you would see my recent history with him, you would know that you indeed need some sleep and read it again. :-) <----please notice the smile

You too, probably don't know how things in Vietnam work. Banking is everything but universal.

1 you can't change VND into USD
2 if you have USD (black market)you need to be able to show the origin of that money to your bank. Black market won't cut it.
3 this means you can't sent money out of the country if you don't get your salary paid in USD
4 solution: Buy USd on the black market, get out of the country and enter again with customs declaration that you've entered the country with the funds.

So, where your hostility comes from...really no idea.

Ow and that 3% I paid to P got doubled by my own bank...welcome to Vietnam
It's my price or no price at all!
  • #613
  • Edited 7:38pm May 22, 2012 10:19am | Edited 7:38pm
Quoting 4extool
Ramy, you are way out of line here. If you refer to my comment to Jack as burning him. I'm pretty sure that he doesn't see it that way. and if you would see my recent history with him, you would know that you indeed need some sleep and read it again. :-) <----please notice the smile

You too, probably don't know how things in Vietnam work. Banking is everything but universal.

1 you can't change VND into USD
2 if you have USD (black market)you need to be able to show the origin of that money to your bank. Black market won't cut it.
3 this...
Lol, yeah, glad you did not take my comments to personally. You are right about me needing sleep, a bit…

Thank you, for the clarification about your country’s ways and practices.

Sorry to hear about its restrictions and practices. (sucks). Look, my main intention is trying to help. So sorry for my(episode ).

Wish I could give you a better helping hand. But, you are right. I do, not know about you’re practices. ( thought banks where all the same). Learned something new today.

Hope you find a better way to fund your accounts.

But none the less, you did have a choice to say yes or no on the final click.

So you were perfectly aware of the fees charged.

Quoting 4extool

Ow and that 3% I paid to P got doubled by my own bank...welcome to Vietnam
Wow... Yeap, all about due diligence. Got caught a few times before i learned my lessons... ( may be unavoidable in your country, tho...)


Sincerest regards,

Ramy
Fuck Forex Factory.Wake up people.
  • #614
  • May 22, 2012 11:19am May 22, 2012 11:19am
Hi Jack, please may I ask if you are still trading with Pepperstone ECN Razor account please as I would like to demo them for a month, thank you kindly for your time

Quoting Jack_Larkin
I've experienced this myself... about once or twice an hour all ticks stop for about 10-30 seconds.. entering or modifying an order at this time causes the order to hang.

I'm taking videos of it happening so I can hit their support up with something they can't shrug off..

I really want to get this resolved, because otherwise I think this is an awesome broker.
Tracking the Specialists.
  • #615
  • May 22, 2012 11:22am May 22, 2012 11:22am
I guess we can easily give this one a rest

We all need to vent every now and then. I decided to vent my experience with P. Actually, when I closed my first post about them, I had already moved on and was thinking about a productive coop.

Soon, I hope to be able to give some info about the trading side of P. Spreads look really good indeed.
It's my price or no price at all!
  • #616
  • May 22, 2012 11:32am May 22, 2012 11:32am
Quoting Connected
Hi Jack, please may I ask if you are still trading with Pepperstone ECN Razor account please as I would like to demo them for a month, thank you kindly for your time
Yes, I still use Pepper.

You quoted some older stuff, the last few pages of this thread better reflect Pepper's current status (no problems.)
FXGears.com
  • #617
  • May 22, 2012 11:44am May 22, 2012 11:44am
Quoting 4extool
4 solution: Buy USd on the black market, get out of the country and enter again with customs declaration that you've entered the country with the funds.
Hell, tell me how much black market is charging and we may have a deal...
Fuck Forex Factory.Wake up people.
  • #618
  • May 22, 2012 11:45am May 22, 2012 11:45am
Thank you Jack for your swift reply

I will try out the webtrade and MT4 platforms, will report back.
Tracking the Specialists.
  • #619
  • May 22, 2012 12:05pm May 22, 2012 12:05pm
Since i go live with razor account, till now i have to say:
Spreads: excellent
Execution: excellent
Support: good
Fund via wire bank: no problems, of course, banks fees both sides National Australia Bank and local Bank (Argentina). The funds takes to arrive 4 bussines days as support said me.
Withdrawal: not yet
  • #620
  • May 22, 2012 12:12pm May 22, 2012 12:12pm
Quoting ramy3
Hell, tell me how much black market is charging and we may have a deal...
Actually, now it's pretty even with the bank quotes. But that's only been like this the last year. Before that there could be crazy differences like 5%. In other words, changing on the black market would save you 5% if you were selling.

The last 6+ months the USD hasn't moved against the VND but banks still give 12% interest on short term deposits. This number was over 18% not so long ago.

But I really need a better solution. You didn't instantly come to mind though

I'm having a short 3 days in Thailand in two weeks. but i don't think a Thai account would help much because they also don't let you send currencies outside the country, or so I'm told.

Well, i guess you're back in the picture
It's my price or no price at all!
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