NCM Conservative (Genom icmfund)
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NCM Conservative Diskussion
Medlem sedan Nov 10, 2020
2 inlägg
Medlem sedan Oct 02, 2018
2 inlägg
Nov 26, 2020 at 13:41
Medlem sedan Oct 02, 2018
2 inlägg
As you may already be aware, ICMarkets will be restricting leverage for all Australian clients after March 29 2021. For non-major pairs this restriction will be reduced to 1:20 which will be incompatible with your strategy. I assume that you possibly have a fair few Australian clients on your books that will have to abandon this strategy after the cut-off date. What is your strategy for them? Will you be able to reduce lot sizes in a separate account? Or will you be able to relax the rule about having to use ICMarkets for those that wish to find another broker offshore that will support 1:500 leverage?
Beat the forex brokers to their own game
Dec 01, 2020 at 21:02
Medlem sedan Sep 02, 2019
11 inlägg
GBP/CAD is still a major pair under the ASIC rules, so new leverage will be 1:30. Whilst that is a lot more margin than now, the strategy will continue to work.
Even at 200% risk of the master account, margin required will only be 20%. That allows for a 90% drawdown before ICM will close out the position (ASIC requires positions to close at 50% of required margin). (Calculated on my own account which is currently running at 200%).
ICM also allow applications for a pro account, if you are eligible.
https://www.icmarkets.com/blog/asic-product-intervention/
Even at 200% risk of the master account, margin required will only be 20%. That allows for a 90% drawdown before ICM will close out the position (ASIC requires positions to close at 50% of required margin). (Calculated on my own account which is currently running at 200%).
ICM also allow applications for a pro account, if you are eligible.
https://www.icmarkets.com/blog/asic-product-intervention/
Dec 01, 2020 at 22:05
Medlem sedan Oct 22, 2012
48 inlägg
GBPCAD is listed under 'Forex Minors' in MTx, so leverage will be 1:20.
..the alien does not concern itself with the opinions of humans..
Dec 02, 2020 at 07:44
Medlem sedan Sep 02, 2019
11 inlägg
As per the ASIC press release:
In ASIC’s product intervention order:
major currency pair means any two of the Australian dollar, British pound, Canadian dollar, euro, Japanese yen, Swiss franc and US dollar;
So GBPCAD will be 1:30 if ICM implement accordingly.
In ASIC’s product intervention order:
major currency pair means any two of the Australian dollar, British pound, Canadian dollar, euro, Japanese yen, Swiss franc and US dollar;
So GBPCAD will be 1:30 if ICM implement accordingly.
Dec 11, 2020 at 00:28
Medlem sedan Apr 08, 2015
76 inlägg
Dec 15, 2020 at 03:20
Medlem sedan Jun 26, 2018
20 inlägg
Hello, I saw that you reduced the trade size. Is it temporary and related to the actual market situation and brexit or is it something like a new setting?
Thanks.
Thanks.
Mobilis in Mobile
Jan 02, 2021 at 13:38
Medlem sedan Jul 17, 2016
46 inlägg
Any news about registrations? All closed from 2 months. I've 4 friends who want to join..
Jan 22, 2021 at 11:53
Medlem sedan Sep 22, 2020
3 inlägg
HELLO. CAN YOU SEND ME DETAILS OF YOUR SERVICE AND WHERE I CAN BUY PLEASE. THANKS
REGARDS
AYUB
REGARDS
AYUB
Jan 28, 2021 at 17:50
Medlem sedan Jun 26, 2018
20 inlägg
Today well managed the bad sell position opened between last evening and this morning.
Well done, great timing today... Better than the first entry... ;D
Well done, great timing today... Better than the first entry... ;D
Mobilis in Mobile
Feb 17, 2021 at 20:40
Medlem sedan Oct 22, 2012
48 inlägg
Good to see appropriate risk reduction.
Nicely done. 😉👍
Nicely done. 😉👍
..the alien does not concern itself with the opinions of humans..
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