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Pepperstone Forex

  • #3,201
  • Oct 7, 2016 1:07am Oct 7, 2016 1:07am
did Pepperstone free during tonights GBP crash ?
i lose money for a living
  • #3,203
  • Oct 18, 2016 10:43pm Oct 18, 2016 10:43pm
The best broker from my experience.
  • #3,204
  • Oct 18, 2016 11:32pm Oct 18, 2016 11:32pm
Quoting utenn
The best broker from my experience.
have Thai Support via Line too ... very handy ..
  • #3,205
  • Oct 30, 2016 5:48pm Oct 30, 2016 5:48pm
Hey folks.

Any updates about this broker? They seem to have what I need since I trade news and must be sure that this is the right broker.

Don't know if its fine to upload documents in a different language in this broker than English though.
  • #3,206
  • Oct 31, 2016 9:57am Oct 31, 2016 9:57am
Quoting Noorx
Hey folks. Any updates about this broker? They seem to have what I need since I trade news and must be sure that this is the right broker. Don't know if its fine to upload documents in a different language in this broker than English though.
i'm with them quite some time .. never had issues

documents are easy .. but they should be in english language ..
  • #3,207
  • Oct 31, 2016 11:44am Oct 31, 2016 11:44am
Quoting nullx8
{quote} i'm with them quite some time .. never had issues documents are easy .. but they should be in english language ..
Thanks for the reply about the experience.

I just asked their support on the phone (they're fast and great!) about which languages they support when it comes to uploading documents. They accept Latin, Arabic, German and Hindi. I hope what they confirm is true, because sometimes representatives mistake.

Cheers.
  • #3,208
  • Oct 31, 2016 6:36pm Oct 31, 2016 6:36pm
Quoting syntax
DO NOT use this Broker. This Broker changed my leverage from 1:500 to 1:100 because they dont like my news trading strategy. It is not possible to change my leverage now. "Due to the strategy of making very large orders just prior to news events, we are not able to increase your leverage again." ... "As previously stated, we are only willing to provide 100:1 leverage." Im done with them. They said all strategies are allowed
Catch 22 here -- you find a broker who will actually let you do this (they will not be able to offset to any LP properly) and you found a bucket shop who will blow up in time. Be careful what you wish for...
  • #3,209
  • Nov 3, 2016 10:13pm Nov 3, 2016 10:13pm
trading with pepperstone currently. So far so good. no problems! will k eep you guys updated
  • #3,210
  • Nov 7, 2016 4:45am Nov 7, 2016 4:45am
Was just chatting with Pepperstone support. They have disabled opening new trades for USDMXN until Thursday ( after election ) . I could not find that I was getting any message about this. Hope they have good reason for it. It was currently only intrument disabled for new trades atm they told. Dont like it. Has been very happy with Pepperstone but this is a small minus. They blamed liquidity.
Trading in the shadow of SM
  • #3,211
  • Nov 7, 2016 5:13am Nov 7, 2016 5:13am
Quoting Earleone
Was just chatting with Pepperstone support. They have disabled opening new trades for USDMXN until Thursday ( after election ) . I could not find that I was getting any message about this. Hope they have good reason for it. It was currently only intrument disabled for new trades atm they told. Dont like it. Has been very happy with Pepperstone but this is a small minus. They blamed liquidity.
Someone is afraid you would gain too much...
PVSRA
  • #3,212
  • Nov 10, 2016 4:44am Nov 10, 2016 4:44am
Quoting Fisher755
{quote} Someone is afraid you would gain too much...



Can you please explain what you mean? I don't understand how they can be afraid of you gaining too much profit, because you can also lose them.
  • #3,213
  • Nov 10, 2016 5:11am Nov 10, 2016 5:11am
Quoting Noorx
{quote} Can you please explain what you mean? I don't understand how they can be afraid of you gaining too much profit, because you can also lose them.
All brokers have their own traders or at least most of them. they are trading against you. The rest you can imagine. But it was half a joke anyway. Brokers do not focus on one trader, but take away liquidity when it suits them. Freeze platforms, much higher spread etc...many many more way to prevent traders from profiting too much .
PVSRA
  • #3,214
  • Nov 11, 2016 8:06am Nov 11, 2016 8:06am
Quoting Noorx
Hey folks. Any updates about this broker? They seem to have what I need since I trade news and must be sure that this is the right broker. Don't know if its fine to upload documents in a different language in this broker than English though.
don't get your hopes up about news trading, you will be filled at the next best available price, which could be anywhere between the start and the top of the spike.
usually, you're filled close to the end.

doesn't matter if you're using an autoclicker or pending orders, its about liquidity.
i lose money for a living
  • #3,215
  • Nov 11, 2016 8:10am Nov 11, 2016 8:10am
Quoting syntax
DO NOT use this Broker. This Broker changed my leverage from 1:500 to 1:100 because they dont like my news trading strategy. It is not possible to change my leverage now. "Due to the strategy of making very large orders just prior to news events, we are not able to increase your leverage again." ... "As previously stated, we are only willing to provide 100:1 leverage." Im done with them. They said all strategies are allowed
how large are we talking ?
i lose money for a living
  • #3,216
  • Nov 11, 2016 8:39am Nov 11, 2016 8:39am
Quoting tylerbose
{quote} don't get your hopes up about news trading, you will be filled at the next best available price, which could be anywhere between the start and the top of the spike. usually, you're filled close to the end. doesn't matter if you're using an autoclicker or pending orders, its about liquidity.

Hi. I usually place my order position 3 minutes before High-Impact news arrive, and most of the time setting a TP. I close positions immediately when I'm in profit.
  • #3,217
  • Nov 13, 2016 6:36am Nov 13, 2016 6:36am
Quoting tylerbose
{quote} don't get your hopes up about news trading, you will be filled at the next best available price, which could be anywhere between the start and the top of the spike. usually, you're filled close to the end. doesn't matter if you're using an autoclicker or pending orders, its about liquidity.
i was short 9 contracts on election day before market close -4 points (-53$), TP at +12 points (+155$)

November 9 comes, gap down 400 or so point .. TP executed with 6531$ profit (instead of the planned 155$)

i still on 1:200 Leverage.

cool thing because Nov. 9 was my Birthday too
  • #3,218
  • Nov 14, 2016 1:17am Nov 14, 2016 1:17am
Quoting Fisher755
{quote} All brokers have their own traders or at least most of them. they are trading against you. The rest you can imagine. But it was half a joke anyway. Brokers do not focus on one trader, but take away liquidity when it suits them. Freeze platforms, much higher spread etc...many many more way to prevent traders from profiting too much .

Then where should we go ? or leave this place ?
Kibria
  • #3,219
  • Nov 14, 2016 3:43am Nov 14, 2016 3:43am
Quoting gkb46
{quote} Then where should we go ? or leave this place ?
Like with everything on this world!
more close to the source!

but the cost will be higher, so it basically comes down to your trading volume.
if you rip more than 50-100 lots you can easy re-negotiate with the broker you with.
they will want you to stay then.

if more and the liquidity becomes an issue, then you can get a direct seat and have your broker relay the spread, but thats more feasable if you trade stocks gold or indicies.
  • #3,220
  • Nov 15, 2016 9:56am Nov 15, 2016 9:56am
Quoting nullx8
{quote} i was short 9 contracts on election day before market close -4 points (-53$), TP at +12 points (+155$) November 9 comes, gap down 400 or so point .. TP executed with 6531$ profit (instead of the planned 155$) i still on 1:200 Leverage. cool thing because Nov. 9 was my Birthday too
sounds like you were gambling and got lucky, i wouldn't do that again if i were you.
anyway, happy birthday
i lose money for a living
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