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Now the issue with this chart it does not show the pricing only the spreads, so it is an unfair presentation.
Also I think Oanda is a Dealing Desk broker (True market marker), so their set their own pricing. They might have tighened their spreads but it would mean cost of trading with them be higher to cover the tight spreads. That is the real difference, ECN(Non dealing desk broker) They just get their spreads from their LPs, so the cost of trading is cheaper compared to Deal desk brokers, advantage of dealing desk brokers they can offer tighter spreads during roll over for example because they control the prices but you be paying a premium.
3. I can say you are over leveraged because you got stoppd out with only 5 trades, 3 profitable trades (Sell trades) got closed by Margin stop out samtime as the 2 GBPJPY (Sell) orders, as shown on your own screenshot.
Based on your screenshot even with 3 profitable trades and you got stopped (to free up margin) by 2 trades going against you meant that the volume size of 2.0 (1 trade alone) is too much of a risk factor to the size of your account. Now also you lost $2900 usd or aud not sure, just on the 2 lots it self that would of been approx $700 USD, just based on that info your trades are 20% to 30% of your free margin at the time. You were over confident with the 3 sell trades going your way and believed the 2 buys, lets not even talk about the other GBPJPY sell order that also got stopped out which you did not show, but regardless that 1 trade alone was too much for your account balance. (FYI, I learnt this the hard way my self years ago, it is a hard lesson but I did not blame anyone but my self)
4. If you think you can fund your account within 3 minutes? I highly doubt that, based on you screenshot you marked it at 00:04 (4 minutes into new trading day), market opens at 00:01. Even if the margin call email was sent to you at 00:01, even if you get the email instantly you will have hard time to log into your account put in your card details and fund the appropriate amount in less than 3 mintues. Let's not say sometimes emails there is a delay in receving emails, usually 10 seconds, then 10 more seconds atleast for you to read the email to understand the situation. So no, I do not think you have enough time to fund.
Now about the margin call emails, I have explained to you why it may not have sent. As I explained because the market moved against you so quickly, you were margin stopped out so quickly it by pass that email. Unfortately that is how the Metaquote MT4 is designed by default, some brokers may have their own system. Now 1 reason why AFCA ruled against you (even when margin call email was not sent) is because 1. They are not obligated to, 2. All brokers have a clause in their Product Disclosure Statement (PDS), and it all states it is communicated via platform (That means when its margin called MT4 will display it in red on screen that you are margin called) and that it is your responsiblity to monitor your trades. Here is a screenshot of Blue berry market's PDF I found:
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Here is one from IC Markets
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5. I am not even going to brothered to reply to that, you are just accusing mindlessly without proper evidence, and not accepting your losses.
6. Without digging into what Blueberry agreement with 8Cap I cannot say if they are using 8cap platforms or not. I am not attacking you, I am giving you information on how licensing works but you are blindly accusing and that is your problem, refusing to learn.
Blueberry can pay 8Cap a fee to borrow their license so they can open their own brokerage, because ASFL is required.
Blueberry market can then either use their platforms or whitelabel it and use their own liquidty providers.
It amazes me that people here autmatically just think brokers are fraud just because they pay a fee to use other companies with ASFL.
But the main point is, why does it matter? You were stopped by legitamate spreads and pricing. Even AFCA ruled against you. Are you accusing ASIC and AFCA a tier 1 regualtor in the world is corrupt?
You posting article of police raiding 8Cap office, how do you think that happen? It's through AFCA and ASIC investigation, and now you say they are corrupt just because they ruled against you? What a hyporcite.
Lastly, as I mentioned to you at the very start. I came across this post by accident, as I was investigating why is blueberry markets have such high FPA reviews which is irregular. But I also like to educate people, and you seemed like need some education.
I never said I was a professional trader, I am an experienced one.
And if say you do 2000 trade a piece ? (Is that dollar value per trade?) and see what numbers you are playing with? Well if that is the case you are definately over leveraged per trade when you were stopped out at $2900 USD loss (That really made me laugh).
You can bull$hit to other new traders about your experience and your complaints, but someone with some experience you just look like a fool. And 100% a sore loser based on these posts and your mindless false evidence posting.
Please enlighten me further, I would like to educate you more. But I really hope you learnt your mistake.
I really hope all those who are reading this post can understand the situation too.
Anyways peace out!
Again, I really have no time to read through all this assumption nonsense. You keep on saying that my trades were overledergaed but you have no proof of any of this and all the stuff you spouted out are merely assumptions. You say I couldn’t have funded my account within 3 minutes; I can fund my account within 30 seconds and can easily put 20-50K a drop. However, what your scam broker @Blueberry_Markets did was they did manipulate the spread with off the charts (and no other broker had such spreads) to kill my trade and not send any notification to me and that is clear for anyone to see. They wanted to get paid and for them to get paid they needed to suck the life out of my account.
Again, you go deep into what the terms and conditions of your scam broker @Blueberry_Markets have in their T&Cs and how they have put all these claws to protect their deceptive behaviours; this doesn’t show they are innocent; matter of fact it shows the opposite - it shows they know how to cover their back and get away with stealing money.
Finally, well finally for this response to one of your essays; why are you so angry and invested in this? I mean, I am the one who lost the money and I am not that angry but you seem to be…