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  • #41
  • Jul 11, 2015 9:39am Jul 11, 2015 9:39am
Hi all

i am thinking of funding my account with them .

can any one that trade with them add his experience .

and thank you so much .

all have a nice day
focus while relaxed to see better
  • #42
  • Edited 11:13am Jul 11, 2015 9:47am | Edited 11:13am
Quoting FxTyran
Guys, There are some discrepancies with the policies of Pepperstone, in particular the Negative Balance Protection. On their website, it is CLEARLY stated that they offer Negative Balance Protection, and Automated Risk Management system. (screenshot from their website, just in case they decide to remove it http://oi60.tinypic.com/2j1v9rm.jpg). The fact, however, is they don't offer Negative Balance Protection. I have a negative balance with them, not much, 174$, but the contradiction is really what upsets me. So Marketing is all that...
i think you dont understand them

they said they have a mechanism to protect you from negative balance thats all


all have a nice day
focus while relaxed to see better
  • #43
  • Jul 11, 2015 11:48am Jul 11, 2015 11:48am
Quoting orabi
{quote} i think you dont understand them they said they have a mechanism to protect you from negative balance thats all all have a nice day
Yes, other brokers are the same. That means actually margin call, which is nothing new.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #44
  • Jul 11, 2015 11:51am Jul 11, 2015 11:51am
Quoting Robertk
I am with Pepperstone for over 3 years now. Execution times are decent, i did not receive much slippage or widening of spread either, until recently. Either this was insanely bad luck my side or they are somehow messing with the "ask" price as of lately. I experienced a spread widening of 15, 30 and even 50 pips on my latest trades (yes i hold on to my trades during news but lets not forget i pay commisions and they are using raw interbank spreads as an ECN.) 15+ on majors and 30-50+ on minors is not accepted if you ask me, exotic pairs may be a...
Check out Dukascopy discussion. It looks they have the similar concern. My guess is that's the limitation of so-called ECN brokers. B-book brokers are not necessarily bad contrary to general belief....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #45
  • Jul 11, 2015 11:51am Jul 11, 2015 11:51am
Quoting heispark
{quote} Yes, other brokers are the same. That means actually margin call, which is nothing new.
Yes but it is better than negative balance i think as you have to pay it back.

actually i have better strategy to trade medium term and with low margin it is better for all .

have a nice day sir
focus while relaxed to see better
  • #46
  • Jul 11, 2015 6:56pm Jul 11, 2015 6:56pm
entheos,
Quote
Hi,
What is F.O.S.?
Finance Ombudsman Service. Better suited to small complaints from retail traders in this case, but handle insurance, banking and loan complaints from individuals. Roughly speaking, ASIC can be more suited to larger company corruption practice.
My comments are not to be taken as trading advice, not a financial advisor
  • #47
  • Jul 11, 2015 7:30pm Jul 11, 2015 7:30pm
Quoting cogs
entheos, {quote} Finance Ombudsman Service. Better suited to small complaints from retail traders in this case, but handle insurance, banking and loan complaints from individuals. Roughly speaking, ASIC can be more suited to larger company corruption practice.
Hi,cogs.
Thank you for reply to me.
  • #48
  • Jul 12, 2015 2:33am Jul 12, 2015 2:33am
Quoting orabi
Just another scam i prefer roboforex they always paid me

I don`t think Cysec any better than ASIC.
  • #49
  • Jul 12, 2015 4:43am Jul 12, 2015 4:43am
Quoting orabi
Just another scam i prefer roboforex they always paid me
Why Orabi? They are just saying that profits are not guaranteed because of the nature of forex (i assume!). I must admit it is unhappy formulated and put in a wrong section if you ask me...
  • #50
  • Jul 12, 2015 10:20am Jul 12, 2015 10:20am
Quoting Robertk
{quote} Why Orabi? They are just saying that profits are not guaranteed because of the nature of forex (i assume!). I must admit it is unhappy formulated and put in a wrong section if you ask me...
this is the problem (While ASIC is a robust regulator, ASIC does not endorse specific products. ASIC’s regulation of us applies in respect to our Australian financial services activities only.)

​it shows there is no monitoring i think
focus while relaxed to see better
  • #51
  • Jul 12, 2015 10:21am Jul 12, 2015 10:21am
Quoting entheos
{quote} I don`t think Cysec any better than ASIC.
yes but i feel they really care

i may look for another broker

have a nice day please
focus while relaxed to see better
  • #52
  • Jul 12, 2015 10:42am Jul 12, 2015 10:42am
Quoting Robertk
{quote} Why Orabi? They are just saying that profits are not guaranteed because of the nature of forex (i assume!). I must admit it is unhappy formulated and put in a wrong section if you ask me...

Hi robertk


i will try them with 200$ see how they do

ca you add more about your experience with them please

have a nice day please
focus while relaxed to see better
  • #53
  • Jul 15, 2015 3:21am Jul 15, 2015 3:21am
slippage on last three trades. 3.9 pips on an exit , 2 pips on entry and 3.9 on exit again. Not great if you're a pending order scalper.
  • #54
  • Jul 15, 2015 3:29am Jul 15, 2015 3:29am
Not supporting Pepper, but where are you trading from? What is the latency from your trading platform?

They are some way down the volume list http://www.myfxbook.com/forex-broker-volume so you need to consider this.
My comments are not to be taken as trading advice, not a financial advisor
  • #55
  • Jul 15, 2015 6:06am Jul 15, 2015 6:06am
Quoting cogs
Not supporting Pepper, but where are you trading from? What is the latency from your trading platform? They are some way down the volume list http://www.myfxbook.com/forex-broker-volume so you need to consider this.
the volume on myfxbook,
i think it is just myfxbook users.
  • #56
  • Jul 15, 2015 9:19am Jul 15, 2015 9:19am
Myfxbook shows a tick volume, not a actual volume.
  • #57
  • Jul 15, 2015 7:10pm Jul 15, 2015 7:10pm
Still a credible broad reference for most. MT4 is only tick volume isn't it.

Any other volume references would be good to see referred to or posted.

One area I haven't been very happy with at all with pepper is indexes. Off Quotes and locked out of closing positions has been an ongoing problem. Given up in this area, trading currencies are still comparable to other broker tho, IMO.
My comments are not to be taken as trading advice, not a financial advisor
  • #58
  • Jul 18, 2015 12:44pm Jul 18, 2015 12:44pm
How their ctrader condition on live trading at the big events or news release?
platform disconnection or freezing,,,
  • #59
  • Jul 19, 2015 10:09am Jul 19, 2015 10:09am
Quoting Robertk
I am with Pepperstone for over 3 years now. Execution times are decent, i did not receive much slippage or widening of spread either, until recently. Either this was insanely bad luck my side or they are somehow messing with the "ask" price as of lately. I experienced a spread widening of 15, 30 and even 50 pips on my latest trades (yes i hold on to my trades during news but lets not forget i pay commisions and they are using raw interbank spreads as an ECN.) 15+ on majors and 30-50+ on minors is not accepted if you ask me, exotic pairs...
fake ecn like pepper, global prime, icm are much more expensive than market makers for scaplers. not only u pay commission, also pay slippage. I requested a few trade receipts from global prime recently and found out order rejection by lp is very common. almost every order gets reject a few times before gets filled. chatted with the support and was told there is only 5-10 lots on top of the book. of course u get order rejection, partial fill, d slippage. Australian brokers are pretty much the same shit. When trade 5-10 lots, u got to find a bigger broker, either market maker or ecn. working with market maker is not a problem but working with fake ecn and pay extra. hmmmdv
  • #60
  • Jul 19, 2015 2:25pm Jul 19, 2015 2:25pm
Quoting mry2001
{quote} fake ecn like pepper, global prime, icm are much more expensive than market makers for scaplers. not only u pay commission, also pay slippage. I requested a few trade receipts from global prime recently and found out order rejection by lp is very common. almost every order gets reject a few times before gets filled. chatted with the support and was told there is only 5-10 lots on top of the book. of course u get order rejection, partial fill, d slippage. Australian brokers are pretty much the same shit. When trade 5-10 lots, u got to find...
Thanks for the informative post!
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