Brokers for Canadians? - Page 2
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Thread: Brokers for Canadians?

  1. #11
    Quote Originally Posted by ;
    quote How is the service comparing these two? slipage? Execution rate and such? fees? commissions?
    They're both great brokers.

    Both have good service but Worldwide Prime feels a little more personal, I think it's because they're bigger than Pepperstone.

    Slippage and implementation are about the same, so I don't actually trade around news so that's where I would expect to see larger differences.

    Commissions were 7 per lot.

    I attached a photograph of the spreads. I believe generally pepperstones are a little better then what I find there. Not sure why they're so high.

    Piplife

  2. #12
    And the spread sheet that you just submitted, shouldn't it be the other way around, the peperstone being on top 0.2 for EUR vs Worldwide 1.2?

  3. #13
    Quote Originally Posted by ;
    and also the spread sheet that you submitted, shouldn't it be the other way around, the peperstone being on top 0.2 for EUR vs Worldwide 1.2?
    I took a screenshot from myfxbook broker spreads webpage. Not sure pepperstone looked so significant. Global Prime spreads look right though.

  4. #14
    Pepperstone is governed by FCA (UK) and because of this they prohibit canadian too.

    International Prime, Axitrader. . Etc they're on ASIC (australia) regulated. Still accept canada.
    I'm with Axitrader because 3years, do EA trading and news trading . I analyzed many broker and actually enjoy this one. Low spread. , very high speed execution (such as autoclick news commerce) with vps, and very low slippage.

    However long they will still keep canadian... Gov of Canada dont need of their resident be retail traders...

  5. #15
    Quote Originally Posted by ;
    pepperstone is regulated by FCA (UK) and for this reason they prohibit canadian too. Global Prime, Axitrader. . Etc they are on ASIC (australia) regulated. Still accept canada. I'm with Axitrader because 3years, do EA trading and news trading . I tested broker and I really like this one. 7 $ comm, very spread. , very higher speed implementation (for autoclick news commerce) with vps, and very low slippage. But how long they will still maintain canadian... Gov of Canada dont want of their resident be retail traders....
    Thanks for your answer Frank,

    That is the reason I'm quite terrified of handling Australian broker any more. I truely believe that, with the government pushing this hard they have to take the wholesale traders such as LMAX.

    I'm trying out Dukascopy with their third party bridge company Fair Trading Tech that offers the MT4 platform. Thus far, so good. They charge around $7 as well roughly, and spread is acceptable with a reasonable range. I'm throwing my EA on it to test the water and have not discovered any odd things. The implementation time is somewhat delayed than Pepperstone.

    Testing their server rate resembles 150ms, at which Pepperstone edge around 35-50ms.

    Xu

  6. #16
    Yep because when ASIC will ban canadian, we'll only have Dukascopy or even Non-regulated broker someplace in missing island...
    only for your info, I used too Pepperstone (currently shut my account yesterday once I receive the funny notice and Axitrader have same spread,implementation , fast withdraw, of Pepperstone.

    Allow me to understand your feeling if you will have tested dukascopy. And the minimal of 5k$ deposit there ?

  7. #17
    Canadians will eliminate access to brokers?? When is this taking place and why? . . .Im with IC markets, will get kicked out?

  8. #18
    Oanda is very good broker as far as I understand.

  9. #19
    Quote Originally Posted by ;
    Yep since when ASIC will ban canadian, we'll only have Dukascopy or Non-regulated broker somewhere in lost island... just for your info, I used too Pepperstone (now closed my account yesterday once I receive the funny note and Axitrader have same spread,execution , quickly withdraw, of Pepperstone. Allow me to know your feeling if you have tested dukascopy. And the minimum of 5k$ deposit still there ?
    I think so... minmum $5000, and 200:1 max.

    However, when I put up the demo on the Fair Trade Tech, the maximum allowable leverage is 100:1.

    For us who goes 100% EA, bigger leverage is definitely to our advantage.

  10. #20
    Quote Originally Posted by ;
    oanda is good broker as far as I understand.
    Oanda just 50:1 correct? for Canadians.

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