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IC Markets
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dunkdenk

Biedrs kopš Oct 16, 2011  85 ieraksti dunkdenk Apr 17 2014 at 00:17 (labots Apr 17 2014 at 00:27 )
@Humpenjang in your case about maximum open order, I also curious with another aussie broker which made me ask their support about this limitation (P*********e), they also have same limitation, but they can increase the limit to more than 200 orders, but you must have your orders at least 1 lot each. cry

With EM, do you have any issue with them where you could open as much as 1300 orders on their server, such as slippage, spread, etc? smiley (As I also have HFT EA that could send orders as much as yours)

Humpenjang

Biedrs kopš Oct 29, 2013  12 ieraksti Humpenjang Apr 17 2014 at 06:41
I did not yet look into the logfile with EM. On the other side, I put my EA on SEKJPY, with IC, as it showed a pretty low spread (15 points, I consider that low for this rather unusual pair), guess what, the EA did not open one trade, when I looked into the log, I just got re-quotes on that pair.
They transferred the 68EU to my account, so I'm up +200 now, at least I'll escape this adventure with a small profit. twist

mmnet

Biedrs kopš Feb 17, 2013  2 ieraksti mmnet Apr 25 2014 at 10:22
Anyone manage to withdraw with Neteller?

jonpearce

Biedrs kopš Sep 19, 2011  73 ieraksti Jon (jonpearce) Apr 25 2014 at 12:31
mmnet posted:
Anyone manage to withdraw with Neteller?


Yes, I have made a number of Neteller withdrawals.

You can withdraw via Neteller if you deposit via Neteller. You can withdraw profit via Neteller but not sure if you can withdraw your initial deposit if it wasn't deposited via Neteller.

I interpret that your initial deposit must be withdrawn the same way it was deposited but anything over that (profits) can be withdrawn via Neteller once you have made at least a minimal deposit via Neteller to activate Neteller in your client portal.

Highest Forex broker rebates:
Humpenjang

Biedrs kopš Oct 29, 2013  12 ieraksti Humpenjang Apr 25 2014 at 12:42
It seems the cheapest way is to make a wire transfer. They had a bank contact in my home country, I wired 5000 without fees. For withdrawals it seems to be a fee of 20 AU$, but didn't try that up to now.

jonpearce

Biedrs kopš Sep 19, 2011  73 ieraksti Jon (jonpearce) Apr 25 2014 at 14:33
Humpenjang posted:
It seems the cheapest way is to make a wire transfer. They had a bank contact in my home country, I wired 5000 without fees. For withdrawals it seems to be a fee of 20 AU$, but didn't try that up to now.


Thats great if you are happy to deposit and withdraw into a bank account. Some traders like to be able to withdraw profits into a debit card wink

Highest Forex broker rebates:
Humpenjang

Biedrs kopš Oct 29, 2013  12 ieraksti Humpenjang Apr 25 2014 at 15:13
I would prefer the credit card, as it gives me FF-miles on top, but there are few brokers who offer that without charge. IC charges somewhat around 3%, is a bit stiff for a 5K deposit lol

Surrealistik

Biedrs kopš Apr 28, 2012  215 ieraksti Surrealistik Apr 25 2014 at 15:36 (labots Apr 25 2014 at 15:37 )
I suggested to Angus that IC Markets set up some kind of broker issued debit card for the sake of convenience in withdrawing/spending profits that could be loaded with a transfer from your trading accounts which either had adequate margin or no open positions. That said, I'm not sure if this would actually be possible under ASIC regulations.

Offering the best rebates for the best brokers; IC Markets: ; $1.50 / RTL Global Prime:
BluePanther

Biedrs kopš Jan 25, 2010  876 ieraksti Matt (BluePanther) Apr 25 2014 at 20:31 (labots Apr 25 2014 at 20:36 )
Humpenjang posted:
BluePanther posted:
Humpenjang posted:

I contacted the support a couple of days back, prior to open an account, they confirmed there will be no limitation on open trades.
 
Here a statement from there FAQ section.

'Is there a limit to the number of open positions that I can have open at any one time?

No, you can have open as many positions as you like at the same time.'

Should there be a limitation, I'm as quickly off, than I joined them.

As soon the funds are on the account I let you know.


I am glad to hear they seem to have changed their attitude to the maximum open orders limit. I enquired earlier this year about my demo account (which at the time had over 600 open trades) and I asked them why they permitted this. Angus (IC Markets) responded that they 'make exceptions', but from what you say perhaps they now permit this... the question then remains: what is the new maximum limit on open orders?


I would say no limit at all, I had today up to 1300 open orders, on another broker, finally I found out I was logged in twice into my VPS lol, all went well so far.....


...no limit on 'open orders', but perhaps a limit on 'server messages'. I received this notice due to a HFT EA on demo which I had attached to all forex pairs of IC Markets for forward testing purposes. I had to reduce the number of pairs I am testing. Forewarned is forearmed!

[email received last week from IC Markets Support]

Hi Matthew,

We have noticed hyperactivity on your live MT4 account, the details for this are below.

Account #: 850397

IP Address: ###.###.###.###

Server Messages: 29936

An account is considered hyperactive (Metaquotes guidelines) when it exceeds 2,000 server messages per day. Activity above this level can be harmful to the server, especially when several clients are hyperactive at the same time. The most common reasons for hyperactivity are:

1. Orders being modified by an expert advisor every tick

2. Orders being sent to the server when there is no money in the account

3. Faulty logic and or settings in the expert advisor causing over trading (and usually losses)

4. Running multiple EAs and signal copy services on one trading account

Please check your account and make the changes necessary to bring your server messages to less than 5000 per day. If we do not hear from your within 24 hours we may block your IP address to prevent unnecessary load on the MT4 server.

Kind Regards,

Doris Zhang | Asian Desk Manager | IC Markets

What separates those who go under and those who rise above adversity is the strength of their will and their hunger for power```` 50 Cent (US rapper) [̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅] ⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆
BluePanther

Biedrs kopš Jan 25, 2010  876 ieraksti Matt (BluePanther) Apr 25 2014 at 20:41 (labots Apr 25 2014 at 20:44 )
mmnet posted:
Anyone manage to withdraw with Neteller?


Nope! I have yet to make more money than I have deposited! For me, any withdrawals until then are refunded back to the original credit card I used to make the deposit.

I'm sure Neteller will be available as a withdrawal option once I have equaled my credit card deposits in withdrawals!

What separates those who go under and those who rise above adversity is the strength of their will and their hunger for power```` 50 Cent (US rapper) [̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅][̲̅$̲̅(̲̅ιοο̲̅)̲̅$̲̅] ⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆⋆
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