And you won't unless you're trading a good half million+ account size. The administrative overhead for the broker and the bank would be insane. And even then there's additional costs to setting up an account that way (it's called custodial banking ...

Pepperstone Forex

I was always curious about this... what was it like in person? It seemed like just a big promo spot from the videos.

Dukascopy

On taking delivery: When you trade spot pairs with most brokers, even ECN's, you're trading a contract for the difference in price between the open and close of the contract itself, not trading a contract which settles by delivery. Think of it like ...

Long term trader and interest charged

Talk to an accountant but there's ways of claiming it as foreign business income or personal business income (all non-incorporated, non-registered) instead of capital gains or regular income. That, and CRA is only really interested in tax code ...

Pepperstone Forex

The author and trader Dr. Alexander Elder came up with a way of managing multiple timeframes with his trading called "the three screen system." The idea is to have 3 different timeframes in 'view' as you consider your trades. Always observing the ...

Chart Question!!

You should probably paper trade the longer term (new-to-you) strategy first and record your results. Then with that data, you will know what elements of the strategy, or what tools, will be best to use. EDIT: lol.. didn't realize that was you (new ...

Question about strategy - using daily and weekly

I'm very sure. It was their corporate decision. But let's get back on topic for this thread, shall we?

Pepperstone Forex

No problem Side notes about the topic of late: Ontario resident here... IIROC's margins on non-majors is a bit restrictive (in some cases as high as 20-30%. that's a few points away from just 3:1 leverage) I don't use a lot of margin myself, but ...

Pepperstone Forex

Think you mean MF Global. In that case, MF's Canadian client funds were never missing. Even their forex cleints, who didn't get transferred to RBC Dominion Securities like the futures and equity client accounts, got a check for their full balance ...

Pepperstone Forex

They've stated it in their Terms of Service and Client Agreement, going outside of that would put them in a bad legal spot (misrepresentation.). Plus, they are governed by the Corporations Act as to the use of a client trust account. I hear you on ...

Pepperstone Forex

If I recall correctly, it's seg funds and liability insurance on the company. It's in their terms that the seg funds can only be used to fulfill client obligations/transactions, and be used in ways governed by the Corporations Act in Australia as a ...

Pepperstone Forex

I'll start by saying this will pretty much be the only time I'm going to respond to you directly. You either have come here specifically to spread FUD (fear, uncertainty, and doubt) with malicious intent, or you actually don't know better.. in ...

Pepperstone Forex

Christ they typo'd 'advice' again. *rollseyes* lol

Pepperstone Forex

LOL.. did I typo 'call'?...I'm tired. edited for typos

Why there is no alternatives for MT4?

I understand what you're saying, but I can't call it free even if the trader doesn't pay a specific fee for the platform labeled as such. From the framing brokers do to present MT4, it appears to be free... but it adds a cost to the broker behind ...

Why there is no alternatives for MT4?

Since Ramy pointed this out recently I thought I'd share an example: I noticed the swaps on some majors were negative on both sides (long/short) with the new Edge after someone mentioned swaps in this thread.. in contrast to at least being 0 or ...

Pepperstone Forex

I'll be monitoring this too. The key is average spread, sometimes one will rest slightly higher for a brief period, then slightly lower, but overall the spread as measured on each tick gets averaged out.. I don't expect the majors to be a night and ...

Pepperstone Forex

I don't really get disconnects on my end. Maybe it's because I'm in Toronto and their servers are in NYC (not very far away,) but the uptime has been great for me. The only time I notice the odd disconnect is ~5pm EDT, the close of the NYC session ...

Pepperstone Forex

Let's not feed trolls. Nearly everything he wrote was needless fear spreading. Plus, if what he says was true (the orders not executing) he could easily have Pepper correct the trades in error.

Pepperstone Forex

Few quick things: MT4 isn't free. A lot of people are saying it's popular because it's free but the broker pays quite a bit for it and that cost influences the total cost of trading a client pays the broker (total spread or commissions.) So it's ...

Why there is no alternatives for MT4?