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dumindu89
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dumindu89
Pepperstone
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Jan 04, 2017 at 13:05
I am not defending Pepperstone. You should complain about those 3 positions to ASIC definitely. Other Australian brokers like IC Markets or Global Prime will never wait until 37.31% margin level. Global prime will close your positions at 100% margin level and IC markets will close at 50% margin level. If you used one of them you should have stopped out on 2th Dec itself.
Pepperstone
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Jan 04, 2017 at 08:27
Your one is not a fair review.Look at the margin level. It's 37.31%. Way below the 100% and almost near 20% of margin stop out. You might have reached 20% stop out and Pepperstone closed your position. You should always keep a higher margin level in order to prevent from margin stop outs.
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