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Author Topic: Pepperstone Razor ECN Account  (Read 211534 times)

Offline TheAslanGroup

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Pepperstone Razor ECN Account
« on: May 02, 2011, 08:21:06 PM »
In todays market, many traders are demanding the raw spreads associated with ECN accounts. Unfortunately many traders find themselves having to compromise other areas in order to access these preferred  trading conditions.

- Perhaps they give up some safety/security and deal with an unregulated or loosely regulated broker
- Perhaps they give up leverage beyond 50:1
- Perhaps theyre forced to use a 3rd party bridge in order to access MT4
- Perhaps they give up the ability to trade in microlots
- Perhaps theyre forced to fund the account with more capital than theyre comfortable with
- Perhaps their base account currencies are limited to only a few options.

With the <a href="https://pepperstone.com/trading-accounts/accounts-razor.php?a_aid=asgdfx">Pepperstone Razor ECN Account</a> traders do not have to compromise safety, convenience or anything else for that matter in order to receive ECN trading conditions.

The Razor Account offers

-   Industry leading <a href="https://pepperstone.com/trading-accounts/spreads.php?a_aid=asgdfx">Spreads</a>

-   <a href="https://pepperstone.com/company-profile/regulation-and-licensing.php?a_aid=asgdfx">ASIC Regulation and Segregation of Client Funds</a>

-   Commission of $3.50 AUD per $100k traded ( $7.00AUD round turn )

-   Ability to trade in microlots ( 0.01 )

-   Leverage up to 200:1 ( higher leverage will be considered upon request )

-   Base accounts available in AUD, CHF, EUR, GBP, JPY, NZD, or USD

-   Minimum deposit of $200.00 making ECN conditions available to all traders

-   Rebate of $0.75/lot available through The Aslan Group reducing net trading costs to only $6.25AUD / lot round turn.

-   Available on MT4 creating the ultimate EA trading environment

-   Individual Accounts, Joint Accounts, Company Accounts, Trust Accounts and/or Superannuation Accounts are available


Applying for an account through <a href="https://pepperstone.com/trading-accounts/accounts-razor.php?a_aid=asgdfx">This Page</a> will automatically assign The Aslan Group as the IB on your account and qualify you to receive rebates on your trading.

Please post any questions, concerns or feedback below and I will do my best to get the answers.

Best Regards,

Gavin
Off-exchange foreign currency trading on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. You should not invest money that you cannot afford to lose.

Offline TheAslanGroup

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Pepperstone Razor ECN Account
« Reply #1 on: May 02, 2011, 08:25:30 PM »
In todays market, many traders are demanding the raw spreads associated with ECN accounts. Unfortunately many traders find themselves having to compromise other areas in order to access these preferred  trading conditions.

- Perhaps they give up some safety/security and deal with an unregulated or loosely regulated broker
- Perhaps they give up leverage beyond 50:1
- Perhaps theyre forced to use a 3rd party bridge in order to access MT4
- Perhaps they give up the ability to trade in microlots
- Perhaps theyre forced to fund the account with more capital than theyre comfortable with
- Perhaps their base account currencies are limited to only a few options.

With the <a href="https://pepperstone.com/trading-accounts/accounts-razor.php?a_aid=asgdfx">Pepperstone Razor ECN Account</a> traders do not have to compromise safety, convenience or anything else for that matter in order to receive ECN trading conditions.

The Razor Account offers

-   Industry leading <a href="https://pepperstone.com/trading-accounts/spreads.php?a_aid=asgdfx">Spreads</a>

-   <a href="https://pepperstone.com/company-profile/regulation-and-licensing.php?a_aid=asgdfx">ASIC Regulation and Segregation of Client Funds</a>

-   Commission of $3.50 AUD per $100k traded ( $7.00AUD round turn )

-   Ability to trade in microlots ( 0.01 )

-   Leverage up to 200:1 ( higher leverage will be considered upon request )

-   Base accounts available in AUD, CHF, EUR, GBP, JPY, NZD, or USD

-   Minimum deposit of $200.00 making ECN conditions available to all traders

-   Rebate of $0.75/lot available through The Aslan Group reducing net trading costs to only $6.25AUD / lot round turn.

-   Available on MT4 creating the ultimate EA trading environment

-   Individual Accounts, Joint Accounts, Company Accounts, Trust Accounts and/or Superannuation Accounts are available


Applying for an account through <a href="https://pepperstone.com/trading-accounts/accounts-razor.php?a_aid=asgdfx">This Page</a> will automatically assign The Aslan Group as the IB on your account and qualify you to receive rebates on your trading.

Please post any questions, concerns or feedback below and I will do my best to get the answers.

Best Regards,

Gavin
Off-exchange foreign currency trading on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. You should not invest money that you cannot afford to lose.

Offline fpu

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Re: Pepperstone Razor ECN Account
« Reply #2 on: May 02, 2011, 08:40:24 PM »
Just asking me if there is any possibility for further improvements? ;)
Gavin and Owen are pushing retail brokerage to unseen level.
And by the way, I just received the rebates for april even though may counts only 2 days so far (ok, aussies are a little bit in advance :D )

Best regards and have a great week
Falk


Offline TheAslanGroup

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Re: Pepperstone Razor ECN Account
« Reply #3 on: May 02, 2011, 09:22:39 PM »
Hi Falk,

Yeah Ryan started the rebates yesterday...I keep telling him that payments on the 1st of the month is going to set a dangerous precedent but he never listens to me  ;) ( he is my older brother afterall lol ).

With regard to further improvements at Pepperstone, I know that the custodian accounts are still on the table. This got pushed to the back burner over the last several weeks as the ECN Account was the priority but I think this is still on the "to-do" list.

Also I know that the iPhone application is still in the works and so is enabling deposits via PayPal ( Owen is working to get the fees lowered ).

The other improvement I would like to see is additional datacenter(s). With their servers in Sydney and Singapore, it is not the best latency for many of the popular VPS providers.

There is a Sydney based VPS provider called Crucial Paradigm that is fantastic ( 1 ms latency ) but many clients don't want the hassle/expense of setting up a new VPS. I'm hoping they come out with a UK based datacenter in the not too distant future.

Best Regards,

Gavin

Off-exchange foreign currency trading on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. You should not invest money that you cannot afford to lose.

Offline e1vis

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Re: Pepperstone Razor ECN Account
« Reply #4 on: May 02, 2011, 10:22:22 PM »
In todays market, many traders are demanding the raw spreads associated with ECN accounts. Unfortunately many traders find themselves having to compromise other areas in order to access these preferred  trading conditions.

- Perhaps they give up some safety/security and deal with an unregulated or loosely regulated broker
- Perhaps they give up leverage beyond 50:1
- Perhaps theyre forced to use a 3rd party bridge in order to access MT4
- Perhaps they give up the ability to trade in microlots
- Perhaps theyre forced to fund the account with more capital than theyre comfortable with
- Perhaps their base account currencies are limited to only a few options.

With the <a href="https://pepperstone.com/trading-accounts/accounts-razor.php?a_aid=asgdfx">Pepperstone Razor ECN Account</a> traders do not have to compromise safety, convenience or anything else for that matter in order to receive ECN trading conditions.

The Razor Account offers

-   Industry leading <a href="https://pepperstone.com/trading-accounts/spreads.php?a_aid=asgdfx">Spreads</a>

-   <a href="https://pepperstone.com/company-profile/regulation-and-licensing.php?a_aid=asgdfx">ASIC Regulation and Segregation of Client Funds</a>

-   Commission of $3.50 AUD per $100k traded ( $7.00AUD round turn )

-   Ability to trade in microlots ( 0.01 )

-   Leverage up to 200:1 ( higher leverage will be considered upon request )

-   Base accounts available in AUD, CHF, EUR, GBP, JPY, NZD, or USD

-   Minimum deposit of $200.00 making ECN conditions available to all traders

-   Rebate of $0.75/lot available through The Aslan Group reducing net trading costs to only $6.25AUD / lot round turn.

-   Available on MT4 creating the ultimate EA trading environment

-   Individual Accounts, Joint Accounts, Company Accounts, Trust Accounts and/or Superannuation Accounts are available


Applying for an account through <a href="https://pepperstone.com/trading-accounts/accounts-razor.php?a_aid=asgdfx">This Page</a> will automatically assign The Aslan Group as the IB on your account and qualify you to receive rebates on your trading.

Please post any questions, concerns or feedback below and I will do my best to get the answers.

Best Regards,

Gavin

Hi Gavin

I'm really interested in upgrading my existing accounts with pepperstone to Razor accounts - if I do this directly through Pepperstone, will I automatically continue to receive rebates from yourselves?

Many thanks
 

Offline TheAslanGroup

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Re: Pepperstone Razor ECN Account
« Reply #5 on: May 03, 2011, 06:27:08 AM »
Hi E1vis,

 Pepperstone has created a <a href="https://pepperstone.com/clients/client-forms.php?a_aid=asgdfx">Client Panel</a> where you can very easily request an additional account ( Standard or Razor ECN ).

Once the new account has been opened, you can transfer funds in from your Standard account.

If your original account was under our IB, then any additional account will be as well.

Best Regards,

Gavin
Off-exchange foreign currency trading on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. You should not invest money that you cannot afford to lose.

Offline donnaforex

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Re: Pepperstone Razor ECN Account
« Reply #6 on: May 03, 2011, 07:08:10 AM »
Or a US datacenter would work Gavin... most US VPS are cheaper than UK ones.
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If you need to contact me, email admin@donnaforex.com or Skype 'donnaforex' or PM via the forum.

Offline muzzamcc

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Re: Pepperstone Razor ECN Account
« Reply #7 on: May 03, 2011, 03:05:36 PM »
I was just comparing the new razor account with pepperstones standard account (both demo) and noticed something strange. The charts in the razor account seem to be displaying the spread from the standard account, rather than the lower ecn spread that shows in the market watch window. Looks good otherwise. Anyone else seeing this, live perhaps?

cheers,

Murray

Offline e1vis

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Pepperstone Razor ECN Account
« Reply #8 on: May 03, 2011, 06:05:44 PM »
Hi E1vis,

 Pepperstone has created a <a href="https://pepperstone.com/clients/client-forms.php?a_aid=asgdfx">Client Panel</a> where you can very easily request an additional account ( Standard or Razor ECN ).

Once the new account has been opened, you can transfer funds in from your Standard account.

If your original account was under our IB, then any additional account will be as well.

Best Regards,

Gavin

Many thanks Gavin

Offline e1vis

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Pepperstone Razor ECN Account
« Reply #9 on: May 03, 2011, 06:10:18 PM »
I was just comparing the new razor account with pepperstones standard account (both demo) and noticed something strange. The charts in the razor account seem to be displaying the spread from the standard account, rather than the lower ecn spread that shows in the market watch window. Looks good otherwise. Anyone else seeing this, live perhaps?

cheers,

Murray

That's odd - I haven't looked at the charts specifically but the ea's on my new razor demo are definitely picking up the lower spreads.

Offline muzzamcc

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Re: Pepperstone Razor ECN Account
« Reply #10 on: May 03, 2011, 11:06:25 PM »
So are mine, however the charts show a 1 pip higher spread than what the EA is trading by, which is the market watch spread.

Murray

Offline TheAslanGroup

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Re: Pepperstone Razor ECN Account
« Reply #11 on: May 04, 2011, 10:05:28 PM »
Hi Murray,

I noticed this on my live account as well and mentioned it to Owen. Here was his response...

"We are aware of this one and working to fix it asap - The issue comes from our datacentre drawing on Standard account data for charts, we are currently creating a mirror datacentre for Raw Spread data so there can be an accurate reflection of Raw Spreads on the chart."

Best Regards,

Gavin
Off-exchange foreign currency trading on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. You should not invest money that you cannot afford to lose.

Offline nano_fx0

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Re: Pepperstone Razor ECN Account
« Reply #12 on: May 08, 2011, 10:13:43 PM »
Hi Gavin,

How to get this ecn demo account? I try to find on their site but only regular MT4 demo.

Please kindly assist... thanks

Offline fpu

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Re: Pepperstone Razor ECN Account
« Reply #13 on: May 08, 2011, 10:19:03 PM »
Hi nano_fx0,

try this https://pepperstone.com/open-account/demo-download-4.php

You can choose between the two account types.

Have a great week
Falk


Offline nano_fx0

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Re: Pepperstone Razor ECN Account
« Reply #14 on: May 09, 2011, 01:28:46 PM »
Hi nano_fx0,

try this https://pepperstone.com/open-account/demo-download-4.php

You can choose between the two account types.

Have a great week
Falk

thanks for the link.

 

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