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Author Topic: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker  (Read 57477 times)

Offline FXOpen_Andrew

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #15 on: August 17, 2012, 04:43:50 AM »
May i know what is the average liquidity on eurusd in london session?

EURUSD tends to have an average 0.8 pip spread during London session.  You can use level 2 Market Depth to bring up the 5 best bid and ask prices on both demo and live feeds to check this.

Hi Andrew,
can you pls disclose which entity give you this award, who where the participants and on which website i can read about? Tnx

FXOpen Online Forex Trading Platforms:
Best awarded trading platform: 2011 FxOpen Trading Terminal
http://www.fxopenaus.com/


FXOpen AU is a seperate company to FXOpen NZ however we outsource many of our functions to them. Their functions have been proven an award winner.  See http://www.ibtimes.com/articles/47535/20100831/fxopen-fx-award-best-trading-platform.htm

In 2011 they won the best broker in Australiasia award by World Finance. See http://www.worldfinance.com/awards/2011-foreign-exchange-awards

Offline FXOjafar

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Re: FxOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #16 on: August 17, 2012, 10:00:49 PM »
May i know what is the average liquidity on eurusd in london session?

If you use a third party spread monitor like http://www.myfxbook.com/forex-broker-spreads/fxopen-ecn-EURUSD-real-spread/272,1 you can see the average spread in London is 0.2-0.3 pips.

Offline s1quash

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #17 on: August 18, 2012, 07:16:30 PM »
I know fxintel/myfxbook...i am asking about liquidity depth of market

Offline FXOpen_Andrew

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #18 on: August 21, 2012, 02:06:08 AM »
I know fxintel/myfxbook...i am asking about liquidity depth of market

The average available liquididty for best bid/offer bands for EURUSD is 2-3 million (with the spread 0.2-0.3 pips). The 5 level book u can see by installing level 2 software and login into it using your live mt4 credentials http://deep.fxopen.com/publish.htm

Offline RahmanSL

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #19 on: August 23, 2012, 12:42:31 AM »
I would like to get rebates for my trades. Where can I get a list of reliable IB for FXOpen AU?

Offline issteven

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #20 on: August 23, 2012, 02:16:02 AM »
Hi, I'm looking for VPS servers that have low latency to Fxopen servers (<5m), anyone has suggestions? CNS has about 50ms latency
Earn rebates on each trade you make with well-known brokers
http://www.cashbackforex.com/?aid=14166

Offline FXOpen_Andrew

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #21 on: August 23, 2012, 05:54:00 AM »
I would like to get rebates for my trades. Where can I get a list of reliable IB for FXOpen AU?

Sorry if this inconveniences you but we cannot provide you with the answer to this question. IB partnerships have their own conditions and terms as well as their own methods of advertising.

Hi, I'm looking for VPS servers that have low latency to Fxopen servers (<5m), anyone has suggestions? CNS has about 50ms latency

The best option is https://www.softlayer.com/cloudlayer/build-your-own-cloud/ and choose Washington DC as your data centre.  Connect to Gamma or Epsilon - the nearest nodes to Trading environment.  In the near future, we plan on moving the main trading infrastructure into Equinix NY4.

Offline RahmanSL

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #22 on: August 26, 2012, 07:31:27 AM »
"Sorry if this inconveniences you but we cannot provide you with the answer (list of IBs) to this question."


No inconveniences to me at all since I am still with and shall remain with my present broker Pepperstone, which is also ASIC regulated, and with the ASLAN group as a very reliable and trusted IB.

Offline cyberryder

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #23 on: August 26, 2012, 09:40:56 AM »
Sorry if this inconveniences you but we cannot provide you with the answer to this question. IB partnerships have their own conditions and terms as well as their own methods of advertising.
Are you also able to provide accounts without rebates and therefore lower trading costs? I will not pay higher prices (the offical ones) and feed a 3rd party (IB) only to at the end have better than the official trading costs.

The best option is https://www.softlayer.com/cloudlayer/build-your-own-cloud/ and choose Washington DC as your data centre.
had a quick look... my current CNS config is more than double the price there and CNS is really not cheap.

In the near future, we plan on moving the main trading infrastructure into Equinix NY4.
Great to hear! So no compelling reason to act for us until then.
« Last Edit: August 26, 2012, 10:07:21 AM by cyberryder »
@BeeksFX LD5
Read the broker TOS!
Searching for a broker, offering additional fund security in the TOS. None available today: http://www.donnaforex.com/forum/index.php?topic=13785.msg335342#msg335342

Offline websmith

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #24 on: August 26, 2012, 09:59:19 AM »
Is there any chance to get back your money if ASIC regulated broker will disappear? For example if concerns FSA regulated broker you can get back up to 85,000
http://www.fsa.gov.uk/consumerinformation/compensation/fscs/limits

for FINMA broker you can get back up to CHF 100,000 per depositor.
http://www.einlagensicherung.ch/en

And what about ASIC regulated broker?

Offline zuk156

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #25 on: August 26, 2012, 09:52:27 PM »
Websmith raise interesting point. How much do ASIC guarantee in case brokerage go bust? Fx Open (AUS) representative is probably not first one to be addressed with this question, but since Fx Open is under ASIC, representative probably could answer this just out of his head.

As I see biggest hindering for Fx Open to become real great brokerage with excellent conditions is still their swap rates, which are much worse than at any other normal broker. Please reconsider changing policy about that.

Offline zuk156

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #26 on: August 26, 2012, 10:15:54 PM »
Sorry for going a little offtopic but answer to websmith's and my question about regulator's guarantee can be found here: http://www.fxrebategurus.com/blog/43-fxregulators/79-which-regulators-bet-protect-us-in-case-of-a-broker-bankruptcy.html .
 

Offline odysseus11

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #27 on: August 26, 2012, 10:49:54 PM »
Not sure how accurate that web page is, they also erroneously state that it is illegal for a US resident to open an account outside the US. It is not. It is against NFA/CFTC regulations for non US BROKERS to open accounts for US residents.

Sorry for going a little offtopic but answer to websmith's and my question about regulator's guarantee can be found here: http://www.fxrebategurus.com/blog/43-fxregulators/79-which-regulators-bet-protect-us-in-case-of-a-broker-bankruptcy.html .
http://www.forexfusion.com
stop gambling. start trading.

Offline petermatt

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #28 on: August 26, 2012, 11:33:43 PM »
Account Base Currency

The FXOpen Website inidcates that you can have an account in AUD Base Currency. Is this actually the case or is it "still coming"?

Offline FXOpen_Andrew

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Re: FXOpen AU Pty Ltd - fxopenaus.com - ASIC Regulated Broker
« Reply #29 on: August 28, 2012, 04:48:13 AM »
Are you also able to provide accounts without rebates and therefore lower trading costs? I will not pay higher prices (the offical ones) and feed a 3rd party (IB) only to at the end have better than the official trading costs.

Our commissions are among the lowest on the market. It is possible to get lower commission if you exceed certain volumes. On top of that our spreads are the tightest available in the market as well.

Not sure how accurate that web page is, they also erroneously state that it is illegal for a US resident to open an account outside the US. It is not. It is against NFA/CFTC regulations for non US BROKERS to open accounts for US residents.

FXOpen AU (and FXOpen NZ) does not accept U.S. citizens or residents as clients due to rules introduced in 2010 by NFA/CFTC.


Account Base Currency

The FXOpen Website inidcates that you can have an account in AUD Base Currency. Is this actually the case or is it "still coming"?


At present it is only USD, but AUD and other currencies will be available in the very near future.

 

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