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Which Broker are you using and Why?

  • #21
  • Aug 20, 2015 3:32pm Aug 20, 2015 3:32pm
Quoting feline207
{quote} +1 . Have been observing their live servers for few years. Initially I had some platform breakdowns but now its more ok and for the past year everything perfect. Good execution and server response and no obvious manipulation. Withdrawal ok, but has some deposit fees that i really hate.
Yeah the deposit fees are shit if you're using a credit/debit card.
Do you get charged for your withdrawals?
  • #22
  • Aug 20, 2015 3:39pm Aug 20, 2015 3:39pm
I use IG markets and are generally happy with them but have been concerned that their swaps might be expensive and I'm not a day trader.

My concerns are heightened at the moment as within the last week the underlying (after adjust for exchange rate) swap rate has increased 46% (Aud/Usd) and when I've been short I'm not happy. Rang and was initially given bs reason that RBA changed rates last week. I of course told them RBA met over 2 weeks ago and didn't change the rate. They are saying it's tom next related but can't give me an external site to verify. I've found http://www.saxobank.com/prices/forex...ic-swap-points has the rates but you can only get one day at a time. If someone knows a site where you can get a day by day history quickly that would be appreciated along with other feedback. (sorry, I'm also still to read some of the more detailed posts in this thread)
Hope for the best, prepare for the worst.
  • #23
  • Aug 23, 2015 11:05am Aug 23, 2015 11:05am
Quoting Dimi.A
{quote} Yeah the deposit fees are shit if you're using a credit/debit card. Do you get charged for your withdrawals?
Yes, about 50euro per transaction , does not matter the ammount ( although i havent tried with really large ) I fill the accounts mostly with skrill and i have % for skrill and second time % for pepperstone. About 5-10% go for fees, shitty.. But i think other conditions are pretty honest. But I dont have large accounts so nobody aims at me, perhaps someone with 6-7 figures should confirm.
  • #24
  • Aug 26, 2015 1:17am Aug 26, 2015 1:17am
I have been since 3 years and I have face much difficulty previously with various brokers, but after 1 year I found my current broker which helped me a lot. I also recovered my losses which were incurred by previous brokers and Now I am making most of it and earning a lot.
  • #25
  • Aug 26, 2015 2:16am Aug 26, 2015 2:16am
Quoting Dimi.A
I'm using Pepperstone. I was using Axitrader and FXPro (standard accounts) before but found those two's charts had quite a few "big" differences compared to what the real markets were doing Pepperstone are honest and have treated me well so far. I'm now using Pepperstone Razor ECN and I'm very happy with it.
I have wondered about axitrader - you consider pepperstone to be a better broker?
  • #26
  • Aug 26, 2015 2:35am Aug 26, 2015 2:35am
Quoting OuterWest
{quote} I have wondered about axitrader - you consider pepperstone to be a better broker?
Definitely mate, I like Pepperstone better because I compared Axitrader's charts and also FXPro's charts against Pepperstone and what the real market was doing and out of the three only Pepperstone's charts were almost identical to what the real market was doing. Axitrader and FXPro did a lot of stop loss hunting and would randomly "spike" their candles to take you out. Compare the charts for yourself and you'll be surprised mate. Your jaw will drop.

I'm using Pepperstone ECN Razor and could not be happier. The spreads are very tight, the commission is small and it's excellent for scalping.

Another reason I like Pepperstone is they have the Web Trader MT4 which you can use on any PC anywhere in the world
  • #27
  • Aug 26, 2015 2:45am Aug 26, 2015 2:45am
Thanks
So many times on Axitrader, could just be coincidence, as soon as i click the mouse to enter or even exit a trade the price moved in the direction i wanted it to........................will move some funds to pepperstone
  • #28
  • Aug 26, 2015 3:40am Aug 26, 2015 3:40am
Quoting Dimi.A
{quote} Yeah the deposit fees are shit if you're using a credit/debit card. Do you get charged for your withdrawals?
I am using FxGrow ECN Plus account for my trading. The Inter Bank spreads are the lowest as compared to any other broker.

And they do not charge any fees for Deposits above $1000
Trading in Forex since 8 years
  • #29
  • Aug 26, 2015 4:21am Aug 26, 2015 4:21am
i'm currently using Pepperstone. been with them for 3 years, nothing to complain about
why ?, because when i was looking for a broker it was the best out there with the lowest minimum account opening (200$) and probably still are.
also like someone said here, their price feed is more accurate. most other broker will smoothen candles, which will result in false/corrupt result if you're into technical analysis.
i lose money for a living
  • #30
  • Aug 26, 2015 4:34am Aug 26, 2015 4:34am
Quoting tylerbose
i'm currently using Pepperstone. been with them for 3 years, nothing to complain about why ?, because when i was looking for a broker it was the best out there with the lowest minimum account opening (200$) and probably still are. also like someone said here, their price feed is more accurate. most other broker will smoothen candles, which will result in false/corrupt result if you're into technical analysis.
Agreed!
  • #31
  • Aug 26, 2015 7:31am Aug 26, 2015 7:31am
But there is still one thing i don''t like about pepperstone. For some reason i cannot deposit with my card directly without intermediary. I tred with different cards, master, visa whatever. transaction is refused, i had few chats with them, they said the problem is with my bank. I had few calls with my bank, they said the problem lies with the broker and there is no restriction from the bank itself.. Dunno maybe its just not meant to be. But that costs me a few % on every deposit because of skrill shitty fees + their shitiest terrible spread on exchanges. There is still a possibility that the problem is not with the broker, but still... I cant solve it myself. Nobody helped me. But I am not issuing a new card again
  • #32
  • Last Post: Aug 28, 2015 9:50pm Aug 28, 2015 9:50pm
What I am looking for in a broker is fast execution. good trading conditions. low spreads.
they must be regulated and have a bright history.

I avoid dealing desk brokers like the plaque.
any broker that have a bad reputation.
any brokers that trade against me.

preferably ECN or STP, DMA

my current brokers are
Key to markets, MT4
Dukascopy, Jforex
Tradestation, TS platform.

these are brokers that have worked very well for me,
and I enjoy trading with them.
Bulls are stupid Animals!especially when Im short!
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