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Pepperstone Review Scores


Overall score: 3.7 / 5

Total votes: 444
Platform
1
Pricing
1
Customer service
1
Features
1
1 - Worst 5 - Best

Pepperstone Discussion

dunkdenk
Jan 25 2014 at 01:39
85 posts
Irishmist posted:
The spreads are terrible on the Razor account if you add up the commission & swap its higher than FXCM standard account. This can not be true ECN raw feed. They seem to run an A & a B book

I hate it when Brokers place from 0.3 pips to 6.8 pips u see the 0.3 for a split second of the day & you stay trading at 6.8 pips


I did this research long time ago, if you want to find out how much the spread to be equal with pips on their razor account, you just simply enter a trade and find out when you have your position reach BEP, which means when your profits would be $0 after deducted by their commission. I've done this and found it's only around 0.6 pips.

So in your case when the spread is 0.3, then the actual spread (with commission) would be 0.9, this still less than 1pip (or less than 10 pips in 5 digits broker).

Irishmist
Jan 24 2014 at 22:42
136 posts
The spreads are terrible on the Razor account if you add up the commission & swap its higher than FXCM standard account. This can not be true ECN raw feed. They seem to run an A & a B book

I hate it when Brokers place from 0.3 pips to 6.8 pips u see the 0.3 for a split second of the day & you stay trading at 6.8 pips

CobraFX (cobraforex)
Aug 20 2013 at 14:54
38 posts
trihhnguyen posted:
cobraforex posted:
dunkdenk posted:
cobraforex posted:

Please use true ECN broker ; Dukascopy or MBTrading


Are you a marketer for Dukascopyand MBTrading? You seems aggressively by posting 4 posts promoting Dukascopy and MBTrading. I use HFT EA on this broker and found nothing wrong with them, although they had some problems on their spread and freezing MT4 few years ago, but since early 2012 they did some improvement on their server and now the problems seems already been eliminated (or at least minimized).

And last friday I did my 3rd withdrawal request, and today the money has arrived in my bank account. 😉


Hi dunkdenk,

I am not a marketer for Dukascopy or MBTrading

I just give a warning to traders to be careful with this broker

This is not a true ECN broker. A big cheater

Thanks

They are so good now, guy. The price is the same as Onada and withdraw is ok.
I think you hate them. you just want everyone to go far away.



Hahaha, There is no benefit for me to hate them or anyone. It is a warning about bad slippage pratice
It is your choice to work with them or not. For me, I have found that they are not a real ECN but making false advertisement

In the forex market, there are some True ECN Broker: ICMarkets, OpenFX, Dukascopy and MBTrading, BostonPrimeFX. Trading with them for long enough and then try the above True ECB Brokers, you will know what I mean

Happy Trading

At least 50% gain a month
Tri Ton Lang (trihhnguyen)
Aug 20 2013 at 14:27
1 posts
cobraforex posted:
dunkdenk posted:
cobraforex posted:

Please use true ECN broker ; Dukascopy or MBTrading


Are you a marketer for Dukascopyand MBTrading? You seems aggressively by posting 4 posts promoting Dukascopy and MBTrading. I use HFT EA on this broker and found nothing wrong with them, although they had some problems on their spread and freezing MT4 few years ago, but since early 2012 they did some improvement on their server and now the problems seems already been eliminated (or at least minimized).

And last friday I did my 3rd withdrawal request, and today the money has arrived in my bank account. 😉


Hi dunkdenk,

I am not a marketer for Dukascopy or MBTrading

I just give a warning to traders to be careful with this broker

This is not a true ECN broker. A big cheater

Thanks

They are so good now, guy. The price is the same as Onada and withdraw is ok.
I think you hate them. you just want everyone to go far away.

CobraFX (cobraforex)
Aug 12 2013 at 04:03
38 posts
dunkdenk posted:
cobraforex posted:

Please use true ECN broker ; Dukascopy or MBTrading


Are you a marketer for Dukascopyand MBTrading? You seems aggressively by posting 4 posts promoting Dukascopy and MBTrading. I use HFT EA on this broker and found nothing wrong with them, although they had some problems on their spread and freezing MT4 few years ago, but since early 2012 they did some improvement on their server and now the problems seems already been eliminated (or at least minimized).

And last friday I did my 3rd withdrawal request, and today the money has arrived in my bank account. 😉


Hi dunkdenk,

I am not a marketer for Dukascopy or MBTrading

I just give a warning to traders to be careful with this broker

This is not a true ECN broker. A big cheater

Thanks

At least 50% gain a month
dunkdenk
Aug 12 2013 at 03:45
85 posts
cobraforex posted:

Please use true ECN broker ; Dukascopy or MBTrading


Are you a marketer for Dukascopyand MBTrading? You seems aggressively by posting 4 posts promoting Dukascopy and MBTrading. I use HFT EA on this broker and found nothing wrong with them, although they had some problems on their spread and freezing MT4 few years ago, but since early 2012 they did some improvement on their server and now the problems seems already been eliminated (or at least minimized).

And last friday I did my 3rd withdrawal request, and today the money has arrived in my bank account. 😉

CobraFX (cobraforex)
Aug 12 2013 at 03:36
38 posts
haystack posted:
Great New Broker - Just opened my live account and trading is going very well so far.


Hi Haystack,

Big warning, they will pass bad slippage on you but never make you to have a good slippage
I traded the same strategy with them and other ECN broker and found that
This broker is a cheater

Please use true ECN broker ; Dukascopy or MBTrading

At least 50% gain a month
CobraFX (cobraforex)
Aug 12 2013 at 03:33
38 posts
walker36 posted:
Comıssıon does not make you loose a treade but larger spread does.
I am also plannıng to open a Razor account. If you get verıfıcatıon please let me know.

regrads


Hi Friends,

Big warning, do not trade with this broker. The 2004 to open ECN account and low spear is just a market message
In real trading, bad slippage and low order execution will make your trading cost quite high

Please use other true ECN brokers such as Dukascopy or MBtrading

At least 50% gain a month
CobraFX (cobraforex)
Aug 12 2013 at 03:29
38 posts
trade4hapi posted:
just another cheater, still slow execution and large slippage. It took 7s to execute an order for an STP/ECN broker. just a joke.


Yes, I do agree. This broker is a cheater
Staying away from them. Use true ECn broker like Dukascopy or MBTrading

At least 50% gain a month
CobraFX (cobraforex)
Aug 12 2013 at 03:21
38 posts
haystack posted:
Great New Broker - Just opened my live account and trading is going very well so far.


Hi all,

This broker is not a good as they are advertised on many forums. They will try to pass bad slippage on you if you are in a losing trade to make your loss wider. But if you are in a winning trade, they do not pass good slippage to you

Please be careful with this broker - I recommend you Dukascopy or MBTrading

At least 50% gain a month
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