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Australian Brokers and ASIC

  • #41
  • Jun 26, 2013 5:14pm Jun 26, 2013 5:14pm
Quoting cogs
Axitrader, definately not! Locked me out of silver trading when price was going my way, enough to crash my account losing well over 10K. As for a reputable one in Oz? Don't exist if you are profitable to any extent. Would be so refreshing to find an honest one. MT4 and 5 offer too many server side settings to sqeeze you out.

Wait can someone please explain how can a broker make it so that you can't succeed as a profitable trader?? They lock us out?? I don't get it.

If I buy EURUSD at 1.30 and sell at 1.31 how can a broker make so that I don't get profits?


There is also FXOpen AUS..
  • #42
  • Jun 26, 2013 8:22pm Jun 26, 2013 8:22pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting onu
Axis server again down.. a serious problem recently. They are dropping in my ranking dramatically if they don't be able to get their technical issues fixed...
To be fair, looks like this time it (quote)".. has been an issue with a major global DNS provider" .
  • #43
  • Last Post: Aug 10, 2014 2:33am Aug 10, 2014 2:33am
Hi,

I am from India, currently working in Australia on 457 visa, please suggest if I can trade forex opening an account with broker here.
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