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Pepperstone Forex

  • #3,081
  • Apr 8, 2016 5:10am Apr 8, 2016 5:10am
Quoting heispark
{quote} You can download its demo account to see it in detail. It's pretty tight spread even in Asian.
Cheers for the reply. I actually opened razor account this Monday, last few day i got around 0.4. Fast forward to day 0.7 from morning. Thats why i am asking.
  • #3,082
  • Apr 8, 2016 9:37am Apr 8, 2016 9:37am
Quoting Clfesxspi200
{quote} Cheers for the reply. I actually opened razor account this Monday, last few day i got around 0.4. Fast forward to day 0.7 from morning. Thats why i am asking.
Spread often fluctuates during news releases (AUD news often come during Asian). As far as i know other ECN brokers are more or less the same... Anyway, you would easily find people who express some concerns about its sudden spread widdening during news releases.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #3,083
  • Apr 13, 2016 7:33am Apr 13, 2016 7:33am
Well I am a client
I am dissapointed, great spreads but the oneclick has been withdrawn? no 2nd level and also the Ctrader 2nd level has not worked for a month or more, PEPPERSTONE wake up and look forward , maybe an API for ninja would solve all problems, but having recommended dozens to join for the good order fills the service is slipping
Pho
  • #3,084
  • Apr 13, 2016 7:51am Apr 13, 2016 7:51am
I have never seen such bad slippage as I have with Pepperstone.

I used an EA scalper for a week exact same settings on Pepper Razor and Vantage Fx, over 200 trades, vantage had 1 trade with a 0.1 slippage the rest were opened exact price that was asked, pepperstone every single last damn trade had slippage of at least 0.2 all way up to one trade with a slippage of 6!!!

Both were on VPS under 2ms latency.
  • #3,085
  • Apr 15, 2016 2:41am Apr 15, 2016 2:41am
Anyone still following this thread?

I recently opened an account to give them a go and so far its all good except for one major thing, Withdrawals.

I have a profit in my account so i went to the withdrawal page to test their withdrawals as part of my initial test of the broker. But all i could withdraw was my original deposit. I emailed them and was told this:

"
You will only be able to withdraw your profits via bank wire. You must first withdraw the sum of any deposits made back via the same method by which those deposits were made initially.

So you must first withdraw your deposit amount, and then withdraw the profit, as two separate transactions."

Sooooo, each time i want to withdraw my profits i first have to withdraw my original deposit and then only after that i can withdraw any profits? I have emailed them again to ask if this is just for the first time or every time because it seems rather bizarre to me because basically what i'm being told is that each time i want to withdraw a profit i have to withdraw my whole account balance.

Does anyone else not find this strange and over complicated? Its almost like they don't want you to withdraw any profit and that seems a little strange and has made me a little cautious of them.
  • #3,086
  • Apr 15, 2016 4:38am Apr 15, 2016 4:38am
Probably a mis understanding maybe they thought you wanted the whole amount? which would be a split
try withdrawing a small amount to your original funding method.
cheers
Pho
https://pepperstone.com/en/client-resources/withdrawals
  • #3,087
  • Apr 15, 2016 5:30am Apr 15, 2016 5:30am
Quoting photize
Probably a mis understanding maybe they thought you wanted the whole amount? which would be a split try withdrawing a small amount to your original funding method. cheers Pho https://pepperstone.com/en/client-resources/withdrawals
No no, i explained it many times. The profit does not even show up on the withdraw page. I wont tell exact numbers but to give an example, my balance is $1100. $1000 initial deposit, $100 profit. However when i go to the withdrawal page it shows available funds for withdrawal of $1000. So yes, i can withdraw money, but only my initial deposit.
  • #3,088
  • Apr 15, 2016 5:37am Apr 15, 2016 5:37am
Quoting mrhigurashi
{quote} No no, i explained it many times. The profit does not even show up on the withdraw page. I wont tell exact numbers but to give an example, my balance is $1100. $1000 initial deposit, $100 profit. However when i go to the withdrawal page it shows available funds for withdrawal of $1000. So yes, i can withdraw money, but only my initial deposit.
I deposited 800 via credit card, my balance is now 1400, I also can only withdraw a max of 800, reason I Want to withdraw is because of the bad slippage and I want to move all my funds over to Vantage, but I can't get my profits, it's absolutely stupid. So it's not just you.
  • #3,089
  • Apr 15, 2016 5:41am Apr 15, 2016 5:41am
Quoting deankenny21
{quote} I deposited 800 via credit card, my balance is now 1400, I also can only withdraw a max of 800, reason I Want to withdraw is because of the bad slippage and I want to move all my funds over to Vantage, but I can't get my profits, it's absolutely stupid. So it's not just you.
Thought so. They tell me i must withdraw my deposit then i will be able to withdraw my profit. WTF????

I find it funny they do what they can to make it easy to deposit money and have DEPOSIT NOW! all over their website. But withdrawals are a nightmare. Not to mention the withdrawal button is hidden behind the "Deposit" option button LOL.
  • #3,090
  • Apr 15, 2016 5:49am Apr 15, 2016 5:49am
Quoting mrhigurashi
{quote} Thought so. They tell me i must withdraw my deposit then i will be able to withdraw my profit. WTF???? I find it funny they do what they can to make it easy to deposit money and have DEPOSIT NOW! all over their website. But withdrawals are a nightmare. Not to mention the withdrawal button is hidden behind the "Deposit" option button LOL.
Yep, agree. I heard nothing but good things about them, I have had over 300 trades now scalping, and only 1 opened without slippahge, just 1. It's unbelievable, every single trade slips no matter how quiet the market is. Yet they advertise one of the most deepest liquidity out there.

Had I have known they would make it hard to withdraw profits, I would've avoided them altogether.
  • #3,091
  • Apr 16, 2016 9:38pm Apr 16, 2016 9:38pm
Speechless.

Inserted Video
Fuck Forex Factory.Wake up people.
  • #3,092
  • Apr 17, 2016 10:28am Apr 17, 2016 10:28am
Quoting ramy3
Speechless. https://www.youtube.com/watch?v=qVRcjmgxJEQ
Pointless.....
  • #3,093
  • Edited 2:55pm Apr 17, 2016 2:08pm | Edited 2:55pm
Quoting mrhigurashi
{quote} Pointless.....
Exactly.
Fuck Forex Factory.Wake up people.
  • #3,094
  • Apr 17, 2016 3:11pm Apr 17, 2016 3:11pm
New week ahead. Cheers!!!
Inserted Video
Fuck Forex Factory.Wake up people.
  • #3,095
  • Apr 17, 2016 3:30pm Apr 17, 2016 3:30pm
Inserted Video
Fuck Forex Factory.Wake up people.
  • #3,096
  • Apr 17, 2016 8:35pm Apr 17, 2016 8:35pm
Quoting mrhigurashi
Anyone still following this thread? I recently opened an account to give them a go and so far its all good except for one major thing, Withdrawals. I have a profit in my account so i went to the withdrawal page to test their withdrawals as part of my initial test of the broker. But all i could withdraw was my original deposit. I emailed them and was told this: " You will only be able to withdraw your profits via bank wire. You must first withdraw the sum of any deposits made back via the same method by which those deposits were made initially. So...
I wrote to their support, below is the reply:

Thank you very much for your email.

Traders can withdraw his/her profits any time. The client confused with the "60 days rule". A regulated broker has to comply with the regulations which include the anti-money laundry law. If the client deposit using credit card and want to withdraw, the fund has to go back to the same credit card. The transaction is processed as refund.

For profit, client can withdraw using different methods other than BW. If client enable Neteller, Skrill, Paypal etc, he can choose these methods as well.

Many traders switch to Pepperstone because we don't "hold" client's withdrawals, instead, we process it as soon as we receive the request. Not like other brokers on the street, Pepperstone adhere to strict policies which protect client's interest.
  • #3,097
  • Apr 18, 2016 8:19am Apr 18, 2016 8:19am
Quoting nubcake
{quote} You face smells like feet and your feet smell like ass.
nobcake is a complete idiot...not partial but complete, I am sure the sun fried his brains!
Notice the choice of words (name) lol
  • #3,098
  • Apr 18, 2016 1:34pm Apr 18, 2016 1:34pm
Hey! He is not an idiot, just mentally challenged. Love the guy! We all need a friend like him.

To be honest, he is one of the few i started respecting here. Keep up the great work Numby.

Cheers!

P.S. I get that you are mocking him. Well, at least i hope.
Fuck Forex Factory.Wake up people.
  • #3,099
  • Apr 18, 2016 1:40pm Apr 18, 2016 1:40pm
Quoting ramy3
Hey! he is not an idiot, just mentally challenged. Love the guy! We all need a friend like him. To be honest, he is one of the few i started respecting here. Keep up the great work Numby. Cheers! P.S. i get that you are mocking him.

He's another wanna be with no record to show his capabilities but I can say whatever I like about him since the loser has me on iggy.
I like that nic you have giving him.... NUMBY .... is a DUMBY lol

Anyway happy trading everyone! Well almost everyone since Dumby has half the world on iggy lol
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