Thanks for the tip. I remember reading something similar in another forum.
Are 'IC MArkets' and 'Global Prime' part of same network of companies?
Regards.
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Problem Pepperstone Manipulation
- Thread starter gbguimaraes
- Start date
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- pepperstone
I am having an issue with a company
Thanks for the tip. I remember reading something similar in another forum.
Are 'IC MArkets' and 'Global Prime' part of same network of companies?
Regards.
I have always found Pepperstone very good. I have had multiple accounts and withdrawals all without any hassles but last Friday trading the non farm payrolls I had a buy stop order hit due to the spreads widening then had a margin call and was wiped out. This happens in forex, and I had withdrawn enough funds previously to still be well in front but what irks me is that I have a Razr ECN account which should offer competitive spreads. These are the spreads I was quoted when I asked about it from customer support:
AUD/USD
Time * Bid Ask Spread
2015.06.05 15:29:59 0.77085 0.77228 143
2015.06.05 15:29:59 0.77093 0.77228 135
2015.06.05 15:29:59 0.77093 0.77228 135
2015.06.05 15:30:00 0.77137 0.77191 54
2015.06.05 15:30:00 0.77137 0.77191 54
2015.06.05 15:30:00 0.77156 0.7719 34
2015.06.05 15:30:00 0.77156 0.7719 34
2015.06.05 15:30:00 0.77156 0.77196 40
2015.06.05 15:30:00 0.77156 0.77196 40
2015.06.05 15:30:01 0.77187 0.77219 32
2015.06.05 15:30:01 0.77187 0.77219 32
2015.06.05 15:30:01 0.7724 0.77358 118
2015.06.05 15:30:01 0.7724 0.77358 118
2015.06.05 15:30:02 0.76967 0.77251 284
2015.06.05 15:30:02 0.76967 0.77251 284
2015.06.05 15:30:02 0.76865 0.77215 350
2015.06.05 15:30:02 0.76865 0.77215 350
2015.06.05 15:30:02 0.76666 0.76681 15
2015.06.05 15:30:02 0.76666 0.76681 15
2015.06.05 15:30:03 0.7668 0.76682 2
I had a long and a short order terminated at 0.76865 and 0.77215 so I was short by 350 pips when i had my capital obliterated. Is anyone else able to verify those spreads from last Friday on the AUD/USD chart? I thought the point of an ECN account is to get market prices with no manipulation.
AUD/USD
Time * Bid Ask Spread
2015.06.05 15:29:59 0.77085 0.77228 143
2015.06.05 15:29:59 0.77093 0.77228 135
2015.06.05 15:29:59 0.77093 0.77228 135
2015.06.05 15:30:00 0.77137 0.77191 54
2015.06.05 15:30:00 0.77137 0.77191 54
2015.06.05 15:30:00 0.77156 0.7719 34
2015.06.05 15:30:00 0.77156 0.7719 34
2015.06.05 15:30:00 0.77156 0.77196 40
2015.06.05 15:30:00 0.77156 0.77196 40
2015.06.05 15:30:01 0.77187 0.77219 32
2015.06.05 15:30:01 0.77187 0.77219 32
2015.06.05 15:30:01 0.7724 0.77358 118
2015.06.05 15:30:01 0.7724 0.77358 118
2015.06.05 15:30:02 0.76967 0.77251 284
2015.06.05 15:30:02 0.76967 0.77251 284
2015.06.05 15:30:02 0.76865 0.77215 350
2015.06.05 15:30:02 0.76865 0.77215 350
2015.06.05 15:30:02 0.76666 0.76681 15
2015.06.05 15:30:02 0.76666 0.76681 15
2015.06.05 15:30:03 0.7668 0.76682 2
I had a long and a short order terminated at 0.76865 and 0.77215 so I was short by 350 pips when i had my capital obliterated. Is anyone else able to verify those spreads from last Friday on the AUD/USD chart? I thought the point of an ECN account is to get market prices with no manipulation.
