australian broker

Mar 24, 2016 at 09:31
1,212 Views
20 Replies
forex_trader_213177
Member Since Oct 23, 2014   50 posts
Mar 24, 2016 at 09:31
hello guys can you help me please im looking for some serious australian broker
Member Since Nov 14, 2015   325 posts
Mar 24, 2016 at 10:37
Pepperstone
Member Since Dec 04, 2010   1557 posts
Mar 25, 2016 at 10:44
Ic Markets or Global Prime I would recommend or Pepperstone as above.
Member Since Dec 03, 2015   1 posts
Mar 25, 2016 at 10:51
i agree
limit the risk and keep it simple
Member Since Jan 07, 2016   86 posts
Mar 26, 2016 at 20:54
VantageFX for the lowest slippage I ever seen
My offers: FXCM $4.99/RT, Pepperstone Razor AUD$6/RT, VantageFX $4.30/RT, ICMarkets AUD$5.50/RT - no mark-up spread or slippage!
Member Since Dec 11, 2015   1487 posts
Mar 29, 2016 at 09:59 (edited Mar 29, 2016 at 10:04)
If you're looking into Australian brokers be careful with Market City International SRL, operating as Brokers500. ASIC recently issued a warning about them for not being licensed by them (https://smnweekly.com/2016/03/08/australias-asic-warns-forex-broker-brokers500-is-not-licensed/), although the company is lying on its website and claiming they're licensed. The regulator couldn't even contact them about it.
forex_trader_213177
Member Since Oct 23, 2014   50 posts
Mar 29, 2016 at 10:01
thank you guys
Member Since May 11, 2013   45 posts
Mar 29, 2016 at 14:07 (edited Mar 29, 2016 at 14:08)
Yes Pepperstone has great service, very fair, good spreads and decent customer service. I also know the manager of IC Markets angus Walker and they too offer a good service. Also have heard good reports about Berndale Capital.

I never usually get involved in recommending a broker incase anyone has any problems, but iv used pepperstone for a number of years now and found them the most reliable and trustworthy.

www.forextraderoom.co.uk
GiftedFx
HalleyFX
forex_trader_249603
Member Since May 13, 2015   83 posts
Mar 29, 2016 at 14:11
I very strongly recommend Pepperstone. I trade full time and for my clients in Australia with Pepperstone for years now
Member Since May 11, 2013   45 posts
Mar 29, 2016 at 14:12
I agree
GiftedFx
Member Since Feb 17, 2015   1 posts
Mar 30, 2016 at 06:16
Pepperstone but with the limitation that they have sometimes problems in a high volatile market. on some news it´s not possible because of the high volatility
Member Since Apr 04, 2016   3 posts
Apr 04, 2016 at 06:43
can someone tell me why Pepperstone are so good for them?

Global prime seem to have shining reviews and appreciation from their clients.. But are there any others people have experienced that have been good?

I signed up for one demo and have been hit by almost all of them and now don't know where to go..
live like the devil.
Member Since May 11, 2013   45 posts
Apr 04, 2016 at 08:06
Pepperstone for me has been a reliable broker, only hitting stops when price goes through them rather than a widening of spreads like most brokers do.; If iv ever had any problems with any trades where they havent been triggered, stopped out or take profits hit and I have contacted them they have assessed and credited my account. And all funds are protected and withdrawls easy
GiftedFx
Member Since Aug 27, 2013   12 posts
Apr 05, 2016 at 06:28
im with pepperstone
Member Since Apr 05, 2016   2 posts
Apr 05, 2016 at 06:36
But if a stop hasn't been triggered (SL/TP) and they've simply refunded you... How does that work if it is going to an independent liquidity provider? Surely the banks wouldn't refund them and your SL/TP at either end of the candle?
I'm reading into what has been said around the place by Global Prime.. They say that EVERYONE else is a B-Book and it's got me fishing around for clues of Aus brokers..

Any help would be greatly appreciated.
why be there, when I can be here?
Member Since Dec 04, 2010   1557 posts
Apr 05, 2016 at 14:42
I believe that IC Markets specifically state that all trades are 100% hedged with their liquidity providers also, so I believe it's A book like Global Prime, but unlike Global Prime they won't show you trades receipts of trades to prove it.
Member Since Feb 22, 2011   4862 posts
Apr 06, 2016 at 07:14 (edited Apr 06, 2016 at 07:15)
Bastialisch posted:
Pepperstone but with the limitation that they have sometimes problems in a high volatile market. on some news it´s not possible because of the high volatility

Moreover when Swiss bullet had happened Pepperstone servers become unresponsive. Pepperstone did not refund these losses. IcMarkets did. https://www.icmarkets.com/?camp=1716
Other conditions are about the same.
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Apr 29, 2016 at 14:14
togr posted:
Bastialisch posted:
Pepperstone but with the limitation that they have sometimes problems in a high volatile market. on some news it´s not possible because of the high volatility

Moreover when Swiss bullet had happened Pepperstone servers become unresponsive. Pepperstone did not refund these losses. IcMarkets did. https://www.icmarkets.com/?camp=1716
Other conditions are about the same.

smart comment ,i'm with them too
Member Since Dec 04, 2010   1557 posts
Apr 29, 2016 at 15:13 (edited Apr 29, 2016 at 15:14)
quick question for those using Ic Markets, I am finding at the end of every 15 minute candle even not during news, the prices/platform freezes for around 10 seconds, I am on live server 5, latency is under 2ms using a NYC VPS. during news releases it's even worse and the end of 1 hour candle it can also be even a longer pause upto 15 seconds. Is this normal for IC Markets? Do you experience the same? Or do I need to speak with my vps provider and boost resources, trying to work out if the problem is my end or is IC markets servers causing the delay and is there a better server with them to have my account moved to? appreciate your feedback rob559 and vontogr, cheers ozzie
Member Since Jul 08, 2014   435 posts
May 01, 2016 at 06:41
I have had some lag from them but no more than any other broker, certainly not every candle.
Keep at it
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