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Thread: Pepperstone U.K. back in business

  1. #21

  2. #22
    Quote Originally Posted by ;
    Where you generally happy with Pepperestone Australia. Wish to know from you buddies. You can attempt IC Markets. I heard it's also great
    Hey buddy,
    The only problem I am having with ICMarkets is that their Stop-Out level 50% quite dangerous for me. That's why I am searching for another similar brokers but not discovered one. Pls advice on such

  3. #23
    Quote Originally Posted by ;
    quote Hey friend, The only problem I'm having with ICMarkets is their Stop-Out degree 50% quite dangerous for me personally. That is why I am searching for one more similar brokers but not found one. Pls advice on such
    I think lowering lot size might help.

  4. #24
    that I typically do not write in forums. But this issue is required to be addressed. I used Pepperstone for 4 months up to now. And that I have an Ecn account ( high commission and assume to be low disperse) compared to other brokers, it is not the best at all.
    Moreover, SO many manipulations happen in numerous orders particularly in news times. I contacted them to explore it. I get the answers from customer service reps who reply with a template type of response. They tell me that the prices that you entered were not in our Tick information and send me the tick information file before checking it, as my prices are in there!! (#32702130)
    I trade news and I have been doing that for a very long moment. Together with Peppestone, Executions are always in prices either not in their own Tick Data or activate your pending order only to obtain half profit. 5 times already that occurred and each time a story that was different.
    Here will be the pending order prices, execution prices.



    ** Numerous other instances I have screenshots for candlesticks with tails to strike your SL and does not exist at the Charts of Saxobank or Dukascopy for instance.


  5. #25
    Quote Originally Posted by ;
    I utilized Pepperstone for 4 weeks so far... SO several manipulations occur in numerous orders especially in news times. I contacted them to explore it. I receive exactly the same answers from customer service reps who reply with a template type of response.
    When the very first chart for nzdcad is from Pepperstone, than that long doji spike is manipulation. I will prove it. Here is live account nzdcad 1m chart from Pepperstone ecn/razon/whatever account in cTrader. See the spike? EXCEPT in my account low of that candle is 0.89992. I have exactly the same pricing from other broker in the exact same amount for the exact same candle. Which means that was market price at the time. Whereas your chart shows 0.89941. That's 5.1 pip difference. It is not likely disperse, though it could be reduced liquid time (likely they'll tell you as motive) and currently Pepperstone on nzdcad runs 1.4-2.0de disperse (typical about 1.7, not that great either compared to other broker, I will assure you).

    None significantly less, if both charts reveals Pepperstone's live account, clearly there is discrepancy in live pricing quoted to customers. The price they gave you no just doesn't exist on other brokers (as you state), but doesn't exists on their very own reside pricing they gave me. Which for me means most likely that is typical bucket shop cease hunting. Change broker and move away from MT4 (I assume it is).


  6. #26
    Quote Originally Posted by ;
    I typically do not write in forums. However, this issue is needed to be dealt with. I used Pepperstone for 4 weeks up to now. And that I have an Ecn account ( high commission and assume to be reduced disperse) when compared with other brokers, it is not the best whatsoever. Besides, SO many manipulations occur in multiple orders particularly in news occasions. I contacted them to investigate it. I always receive exactly the same responses from customer service representatives who reply with a template type of response. They tell me the prices that you entered were not in our Tick information and send me the...
    If you want to be safe in the market stay away from taking positions around news. No broker can give you greater treatment at that time

  7. #27
    Pepper is very good broker, but uk version seems strange. . Their latency 'rate' is far different from aussie normal pepper mt4,
    plus they dont have IB/ cashbackforex yet accessible and paypal funding is missing in uk version. . Unusual

  8. #28
    After telling my story in this thread (https://forexintuitive.com/cryptocur...ent-chart.html), I have a follow up regarding Sctone:


    I tried to undergo their transer to UK measures and they don't even offer cTrader yet.
    First they take their damn time coping with their FCA thing, they then force and pressure their customers to close each of their positions and switch to UK and when trying to do so, they don't even possess the trading plattforms prepared.

    Their rep told me it might take a few weeks or so and I had to transfer everything to MT4 first (that I don't use and don't enjoy. So another forced change) and then, when cTrader will be available at some undefined point in the long run I could transfer my funds back into that account.

    So I decided to close my accounts and withdrew all my funds.
    I chose normal bank transfer, since Pepperstone does not charge fees for this, only those from my bank are charged.
    Someone has to earn money somewhere, so I would rather let my bank earn some dollars rather than Pepperstone at this time.

    Surprise, Surprise! Pepperstone tricked me again.
    Instead of the 15 Euro my bank charges, which are listed in the transfer notes, I recieved the other 15 Euro less of my own money.
    Thus Pepperstone did maintain the identical amount of money the bank charges for themselves.
    Of course complaining to them about it does not do anything, since even if they would refund you the money into your account you wouldn't get it, because you've got to pay the bank fee again.
    Their rep told me that the fees would come from a third, intermediary bank. Right... When I deposit money, it goes directly to a local bank account, but when I want to withdrawal my money, it conveniantly goes throgh multiple banks around the globe so they could claim it isn't their fault.
    And that's bs anyway. My bank says it comes from a Pepperstone account from a bank from Melbourne. Thus no intermediary bank involved.
    Another explanation to suck customers money.

    ligent movement of them.

    I am done with this particular bucket shop and inform everybode else to not get blinded by their awards and good reputation.
    Since I'd had no complaints until I ran into trouble. And that is the stage when you see exactly what anything is made from. And they highly disappointed me.
    No cooperation, no openness to take care of the issue, only scripted answers, fake apologies and false promises to help keep you trading together, leaving you with hope that they will have a proper remedy to your issue. After the fact of the matter is, they just don't care!

  9. #29
    Quote Originally Posted by ;
    After telling my story in this thread (https://forexintuitive.com/cryptocur...st-bar-ea.html), I have a follow up seeing Sctone: I attempted to go through their transer to UK steps and they don't even offer cTrader yet. They take their time dealing with their FCA thing, then they force and pressure their clients to close all their positions and change to UK and when trying to accomplish this they don't even possess the trading plattforms prepared. Their rep told me it could take a couple of weeks or so and I had to move everything...
    Thus, JeremyV, what's alternative for Pepperstone you're considering? Please let me know because I've got exactly same notions of Pepperstone such as yours. Thank you

  10. #30
    Quote Originally Posted by ;
    quote So, , what's alternative for Pepperstone you're thinking? Please allow me to know because I have exactly same notions of Pepperstone like yours. Thanks
    I'm currently trying out FxPro (UK), due to cTrader. . Can't comment much yet, except that propagates are bigger. However, I knew that previously.
    The other thing I have noticed is they do not spam my email like Pepperstone did. God was that annoying.

    Funding methods are fewer too. (For UK)
    I financed via bank transfer. It was quickly enough and with no commission. (EU)

    Should I get any problems with them, I will write it here

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