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Author Topic: Pepperstone Razor ECN Account  (Read 219920 times)

Offline Broki

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Re: Pepperstone Razor ECN Account
« Reply #45 on: June 04, 2011, 02:02:30 AM »
Hi KeepCalm,

I tracking the spread sensitive "Primeval-EA-v2.2" managed account with PepperstoneFX.

http://www.myfxbook.com/members/primevalea/primeval-ea-pamm-account-3/101173

on myfxbook account info is to read:

"Account with Pepperstone. No Performance Fee is charged from profits. To join us  open a standard trading account and request additional deta ..."
 
so it seems to run very good with this type of account.

btw: this primeval account start's before the Razor ECN account was released.

hope this info helps  ;)

Offline Jake

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Re: Pepperstone Razor ECN Account
« Reply #46 on: June 05, 2011, 03:50:46 AM »
Thanks, Broki.  The issue in the post was delays in execution rather than spread, but I expect that would be an issue with Primeval too.  I will keep an eye on it and see how Wall Street trades compared with other brokers.  Of course there are also latency issues, etc, as my VPS is in the USA, but as I don't know the evidence behind the statement I can just track trades and check.

Best wishes.

Offline adele

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Re: Pepperstone Razor ECN Account
« Reply #47 on: June 06, 2011, 07:20:53 AM »
Has anyone tried both Pepperstone Razor and FinFx ECN live (preferably with low latency VPS for both)? If yes, how do they compare? Which one is better for running scalping EAs? 

Offline Mabel Wheeler

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Re: Pepperstone Razor ECN Account
« Reply #48 on: June 08, 2011, 10:23:13 AM »
For those have a live Pepperstone account

I would like to ask honest & also unbiased opinions of those with a live Pepperstone account.
I downloaded their Razor demo MT4 a couple of days ago and so far I've found their spreads very tight, indeed - apparently they seem to be the lowest in the retail industry.

However, I have realized 3 problems so far.
- Their demo market watch seems to be late like 2 seconds compared to other brokers. Is it an issue with the live ones as well or does it apply only on demos for some unknown reason? 
- After a more-or-less thorough check I could see data missing from a couple of minutes to 45 minutes, such as yesterday 7th June 1020-1101, 1111-1115, 1125-1138, etc. Moreover, I have seen outages this morning, as well. Have you experienced anything like that on your live accounts or were they just issues on demos?
- I also have noticed that they have 2 servers, one is in Australia & the other one in Singapore. Servers of their LPs are surely located on the other side of the globe, either in the US or Europe. This can seriously affect trading in terms of slippage either being executed by EAs or manually . Furthermore, it surely does not help if you are even in the neighbourhood of Pepper as there is latency because of the massive distance between them and their liquidity providers' data centres.
All in all, have you heard that they might be considering installing a server closer to their LPs?

Thank you in advance for your contribution and remain,
Mabel
« Last Edit: June 08, 2011, 10:33:34 AM by Mabel Wheeler »

Offline bedted

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Re: Pepperstone Razor ECN Account
« Reply #49 on: June 09, 2011, 04:38:37 AM »
Errrgggh, I didn't even think about this factor.
I recently moved all my EA's from Pepperstone Standard to Razor.
I have a suspicion it's not performing well but I'll have to do some research...

Offline Trader_FX

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Re: Pepperstone Razor ECN Account
« Reply #50 on: June 09, 2011, 07:06:02 AM »
Hi

I just got information that as Pepperstone does not accept US-clients there will be no data server in US. But they are looking for server in EUROPE but it takes some time  to establish

cheers

Offline Mabel Wheeler

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Re: Pepperstone Razor ECN Account
« Reply #51 on: June 09, 2011, 03:23:50 PM »
Excellent news, indeed. Just really cannot wait, a broker like PepperStone is so much needed here in Europe! I am positive that masses of traders would be interested, so investing into a datacentre in here would definitely be worth.
I just keep my fingers crossed. Go on Pepper!  :-*

Offline adele

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Re: Pepperstone Razor ECN Account
« Reply #52 on: June 19, 2011, 07:56:15 AM »
I asked Pepperstone which data centre is closer to their liquidity providers so that I can get a VPS near it.  I also asked them if accounts connected to the data centre which is closer to the liquidity providers have less latency (since there is less 'travel time' between the data centre and the liquidity providers) and are therefore more likely to get better prices. Their response was as follows:

We actually have Liquidity providers all over the world - They all pass their quotes to us and through a cloud based system centered in multiple cities around the world the best quote that is still available gets passed to you through our Data-Centres. The best way to ensure you get the best pricing would be to co-locate your MT4 terminal (Via a VPS) as close as you can to either or Sydney or Singapore Datacentre.

When I asked them whether they have more liquidity providers near Sydney or Singapore, their response was as follows:

I would say we have more close to Singapore - As we have many Japanese and Asian banks on our Grid.

Offline Mabel Wheeler

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Re: Pepperstone Razor ECN Account
« Reply #53 on: June 21, 2011, 10:07:07 AM »
Cheers Adele for informing us about your findings.
I have tried to look around for a decent VPS provider in Singapore but so far I am not that delighted. I reckon we'd need Windows 2003 or preferably 2008. Linux just means too much hassle with MT4 and there are also reliability issues IMHO.
It's such a pity CNS has no datacentre in Singapore, as people seem to be very satisfied with their services.
Have you found any VPS candidates recently?

Rgrds,
Mabel
« Last Edit: June 21, 2011, 10:10:17 AM by Mabel Wheeler »

Offline NormanBus

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Re: Pepperstone Razor ECN Account
« Reply #54 on: June 21, 2011, 01:32:12 PM »
Good to see a thread here on Pepperstone and I have been searching for reviews on them.

I am in the UK and have been using a Standard and Razor demo account with the same EA's running to compare profits and they come out pretty much the same, so it appears the smaller spreads on the Razor account are pretty much the same when the commission is added back on.
This is not a problem though.

I do have a Thinkforex and Hotforex (like them but worried about lack of regulation)demo account and they execute trades immediately.
GoMarkets and Vantage have a 3-4 second delay in opening/closing trades, have tried all the servers but no improvement.

Pepperstone for me has about a 1-2 second delay, the Singapore server is slightly better for me.
Having said that it runs the EA's with no problem and no error messages in the experts section.

Another poster brought this up a couple of pages back and this is my major concern and the only thing stopping me from going live with them regarding Regulation.

I have read the details here
https://pepperstone.com/company-profile/regulation-and-licensing.php

but another broker (who maybe trying to put me off) said that "Firstly do not to go to Peperstone. They're a WL of AXI and licensed under CDM which doesn't even cover market making for FX. Meaning they're not properly licensed."

This was from the link on the Pepperstone site.

"Provide general financial product advice only
  Deal in a Financial Product
  Issue, apply for, acquire, vary or dispose a financial product
  Apply for, acquire, vary or dispose of financial products on behalf of another
  Make a market for a financial product"

I would be grateful to hear your views on the regulation issue and safety of our funds should anything go wrong.


Offline Ruairi OPleurisy

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Re: Pepperstone Razor ECN Account
« Reply #55 on: June 21, 2011, 05:21:12 PM »
Sorry, another question.

I'd like to test the latency from my ForexVPS VPS server in the USA to Pepperstone's Singapore & Austrailian servers.

Can anyone tell me the IPs?  Pepperstone's online chat advisors are offline at present.

TIA,
Ruairi.

Offline Ruairi OPleurisy

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Re: Pepperstone Razor ECN Account
« Reply #56 on: June 22, 2011, 01:03:31 PM »
I found the Pepperstone server URL on the net :-

live.pepperstone.com

Unfortunately my latency to that server is 216ms which is poor.

Ruairi.

Offline Broki

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Re: Pepperstone Razor ECN Account
« Reply #57 on: June 22, 2011, 02:33:57 PM »
I found the Pepperstone server URL on the net :-

live.pepperstone.com

Unfortunately my latency to that server is 216ms which is poor.

Ruairi.

Hi,

check this IPs and when you have other questions ---PM me ;-)

Australian = 113.192.16.46
Singapore = 112.140.187.236

Offline Ruairi OPleurisy

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Re: Pepperstone Razor ECN Account
« Reply #58 on: June 22, 2011, 04:46:51 PM »
Cheers Broki.  Rep to you.

All the best,
Ruairi.

Offline Ruairi OPleurisy

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Re: Pepperstone Razor ECN Account
« Reply #59 on: June 22, 2011, 05:02:47 PM »
I found the Pepperstone server URL on the net :-

live.pepperstone.com

Unfortunately my latency to that server is 216ms which is poor.

Ruairi.

Hi,

check this IPs and when you have other questions ---PM me ;-)

Australian = 113.192.16.46
Singapore = 112.140.187.236

Jeez, I thought Singapore might have been a little better for me, but it's coming back at 259ms (from ForexVPS USA)!

All the best,
Ruairi.

 

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