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Author Topic: Which broker(s) are you using?  (Read 129221 times)

Online Eliza Abrams

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Re: Which broker(s) are you using?
« Reply #315 on: August 30, 2021, 01:41:44 PM »
Does FP Markets service people outside of Australia though? ASIC banned their brokers from servicing non-Australians quite a while ago.

Offline HFT Group

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Re: Which broker(s) are you using?
« Reply #316 on: August 30, 2021, 01:54:11 PM »
Most if not all of the Aussie brokers opened offshore entities to cater for non-AU resident clients. FP Markets is no exception.

Offline ExpatFX

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Re: Which broker(s) are you using?
« Reply #317 on: August 30, 2021, 06:23:17 PM »
Most if not all of the Aussie brokers opened offshore entities to cater for non-AU resident clients. FP Markets is no exception.

Whats your experience with these offshore accounts? IC-Markets appears to be similar on the technical side. But what about regulation matters?

Cheers

Offline HFT Group

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Re: Which broker(s) are you using?
« Reply #318 on: August 30, 2021, 09:45:14 PM »
Most if not all of the Aussie brokers opened offshore entities to cater for non-AU resident clients. FP Markets is no exception.

Whats your experience with these offshore accounts? IC-Markets appears to be similar on the technical side. But what about regulation matters?

Cheers

Experience has varied from terrible (AXI), easy (IC Markets) to a smooth seamless transition (Global Prime).
Of course you come under regulation of the region in which they setup so this is a consideration.

Offline diyforexskills

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Re: Which broker(s) are you using?
« Reply #319 on: August 31, 2021, 01:02:00 AM »
New Zealand is offshore to Australia. The Kiwis are a bit kamikaze when it comes to skiing, :), but I believe their regulators are a bit more disciplined. So BlackBull Markets is a consideration.
Happy to give you a "friendly" introduction.


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Offline Jacob

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Re: Which broker(s) are you using?
« Reply #320 on: September 07, 2021, 10:56:22 AM »
I use an ASIC broker FP Markets. I mainly use them because of their spreads which start from 0.0pips through the day with lower slippages.

Offline drunkfx

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Re: Which broker(s) are you using?
« Reply #321 on: September 14, 2021, 07:52:07 PM »
I also tend to use spreads as main criteria because when volatility climbs higher and trading opportunities emerge you have to make sure you won't lose on transaction costs.

 

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