Showing posts with label PEPPERSTONE. Show all posts
Showing posts with label PEPPERSTONE. Show all posts

PEPPERSTONE


Pepperstone ECN Forex Broker

  Welcome to Pepperstone - The World's Leading Forex Broker

Pepperstone is an Online Forex (FX) Trading Broker, providing traders across the globe with cutting edge forex trading technology to offer unmatched top tier liquidity, institutional grade spreads and the security of tight financial regulation. Pepperstone offers online forex trading through multiple forex trading platforms, including Metatrader 4, Webtrader and Apps for iPhone and Android.

Smart traders make smart decisions. Equip yourself with the Pepperstone advantage today.

Pepperstone EDGE

1. Raw ECN Spreads from 0.1 pips
2. Industry leading $3.5AUD per 100k traded
3. 400:1 Leverage
4. $200 minimum deposit
5. Trade from 0.01 lots

Secure Fund
Client funds held in segregated trust accounts with AA Rated Australian Banking Institutions

Tip Tier Liquidity
Next-generation STP access to one of the largest pools of interbank liquidity in the world.

Metatrader 4
Trade using the Metaquotes MT4 Platform with no trading restrictions and lightning fast execution

RAGULATED
Open an account with a regulated firm, so you can focus on what's important: your trading.

Pepperstone malaysia forex
How are my funds held with Pepperstone?

Your funds on deposit with Pepperstone are held in a trust accounts with the National Australia Bank, anAA rated Bank. Funds are established, maintained and operated in accordance with Australian client money rules.

License
Pepperstone Financial Pty Ltd holds the Australian Financial Services License AFSL 414530.
ASIC requires licensed financial services providers to meet strict capital requirements and to implement and comply with internal procedures including risk management, staff training, accounting and audits.

Trading with Pepperstone
Australian-based forex trading firm
Regulated under ASIC
Professional Indemnity Insurance with Lloyds of London

Professional Memberships
Pepperstone Financial Pty Ltd is a member of the Financial Ombudsman Service (FOS), which is an approved Australian external dispute resolution scheme that can deal with complaints about all of the financial services under its AFSL.

Segregation of Client Funds
All client funds are segregated into client trust accounts kept separate from the Pepperstone company funds.

Bank Accounts in Tier-1 Banks
All client funds are kept in the safest top-tier AA rated banks*.
*Pepperstone partners with The National Australia Bank, an AA Rated Ban

forex trading

TIPS TO CHOOSE FOREX BROKER


Brokers Criteria
Due to the ever-expanding interest in trading currencies by the public, new brokers are constantly popping up in the trading world. This gives the current trader many advantages over traders that participated in the markets just a few short years ago. Every day it seems that there is a new and improved version of the forex broker, and as such it can lead to a lot of advantages due to competition, but it can also be very confusing at the same time for both new and experienced traders alike.

Add to this the issues of reviews by disgruntled traders, and the situation can be quite daunting as there are literally hundreds if not thousands of firms to choose from, and several different business models as well, meaning that the decision can be a very complex one. In this guide, we will look at some of the most important aspects of choosing a broker in the hopes of clearing up the decision making process you will undoubtedly find yourself in at one time or another.

Table of Contents
1. Regulation
2. Capitalization
3. Popular Platforms and How to Choose the Right One for You
4. Broker Types and their Spreads or Commissions
5. Account Types
6. Customer Service
7. Additional Services
8. What are the right Questions to ask Before Opening an Account?
9. Conclusion

A regulated forex broker is safer

There are hundreds of online forex brokers and many of them are in fact scams cheating on their clients. To avoid unnecessary problems, it is better to entrust money with a regulated forex broker. Regulated forex brokers are under supervision of a trustworthy regulatory authority. The strictest broker regulations exist in Northern America, Europe, Australia, and Japan. So, before depositing any money on your forex trading account, check whether your broker is registered with at least one of the following agencies:

    Australia: ASIC, AFSL
    Canada: CIPF, OSC, BCSC
    Denmark: Danish FSA
    Germany: BaFin
    Hong Kong: SFC
    Japan: FFAJ
    Spain: CNMV
    Sweden: FI
    Switzerland: ARIF, FDF, GSCGI
    United Kingdom: FSA
    United States: NFA, CFTC

Some forex trading brokers are even regulated in several jurisdictions at the same time. For example,PEPPERSTONE is regulated by ASIC(Australian Securities & Investments Commission)Australian financial services licence (AFSL) No. 414530. But this is an exception and most online forex brokers are regulated only in their home country. Obviously, more oversight brings also more safety for your money. You can easily filter our list of forex brokers to include only the ones that are regulated.
Pepperstone | Metatrader 4 Forex Broker
Regulation
Without a doubt, the most important thing your broker must have is proof of regulation. The problem with unregulated brokers isn what it once was, but it still does happen from time to time. If you choose to do business with an unregulated broker, you are opening yourself up to a whole slew of potential problems. For example, if you have to dispute a trade or action facilitate by the broker, who do you turn to? If they are unregulated, you are going to have very little if any legal protection from fraud.

Of course, simply being regulated isnenough. You need to have a broker that is regulated in a country where the law is followed and legal protection is strong. For example, you are going to find that a broker regulated in the United States is more likely to be compliant than one that is regulated in a less industrialized and advanced legal framework. Recently, there was a broker that was based out of a country that was in the middle of a civil war at the time. Needless to say, this is absolute folly and very reckless for a trader to deposit money at this broker, no matter how tight their spreads were. The fact is that tight spreads won do you much good if you cannot get your money back! This could be the case either by fraud, as there is very little legal protection, or by an overthrow of the government. As a general rule, if you don feel safe visiting the country, depositing your money there isn a good idea either!

Capitalization
When picking the broker to facilitate your trades, being well-capitalized is of utmost importance. There have been brokers in the past that have had issues with their capital, and as such can be risky places to hold your funds. In fact, this was so pervasive in the past that even in the United States there were firms that held less than $100,000 a few years ago! The CFTC has a website that lists the capitalization of all of its members that is updated monthly. The regulations in the US have been tightened recently to require firms to have capitalization of over $20 million in order to operate. Other countries in the EU and other industrialized nations are following suit as forex trading becomes more legitimized as another market such as stocks, bonds, and options. This trend should continue into the future, so the capitalization issue will become less and less of an issue in the industrialized world. This is further reason to stick to the major markets when finding a broker. As a side note, you can often find out the capitalization of a firm by looking at regulatory body websites.

Popular Platforms and How to Choose the Right One for You
While there are literally hundreds of trading platforms to choose from, there are some major ones that you will see time and time again. Without a doubt, the most popular one is MetaTrader 4. There is a MetaTrader 5 out as well, but it is still in its infancy. The MT4 platform allows traders to import trading robots, hundreds of free indicators that are readily available on the Internet, and many more features. It is offered for free, and it estimated to facilitate over 85% of the retail trades in the forex market. Because of this, there is a real strong chance that you will either be using it, or at least have the opportunity to use it with whatever broker you choose.

There are other platforms such as ACT Forex, which has many of the same features as MetaTrader 4, and is well-known and used quite a bit in Europe. The platform is laid out a bit differently, but can do most of what MT4 does, so at this point  it comes down to personal preference.
ctrader-mt4-
Pepperstone cTrader

There are many other options out there as a lot of firms will have their own trading platforms. GFT is a prime example as they have a platform called DealBook 360, which has won many awards. It is a shell program that uses ESignal charting, which makes it very graphically pleasing. Speaking of ESignal, there are many trading platforms like it that are available for a monthly or one-time price. The amount of add-on and standalone platforms is staggering if you look online.

In reality, picking a trading platform is going to be a very personal choice, but by far the best way to make that decision is to try demo accounts in that platform. You will find that a lot of the same basic features are found in all of them, and it is graphically representations and indicators that tend to make the difference with these different platforms. As a general rule, if a demo isnt available not worth dealing with.

Broker Types and their Spreads or Commissions
There are two basic types of brokers that you can deal with when trading forex. The first model, the dealing desk is sometimes called a market maker. This dealer will often take the other side of your trade, as they will first try to match your order with another customer, but will be the other side of the trade if necessary. This type of dealer typically will make their money based upon the spread of the trade. For example, there might be a 2 pip spread in the EUR/JPY market, but the broker only offers it as a 4 pip spread, thus pocketing 2 pips for facilitating your trade. As a general rule, there are no other costs involved in trading with this broker. Of course, there is potential for the dealer to manipulate the market, and slip you on fills, but these practices are becoming more and more uncommon as the markets mature, and the regulatory bodies are very strict on these types of dealers. Again, another reason to trade with a dealer based in an industrialized country.

The other type of broker is an actual true broker. The ECN, or Electronic Communications Network, allows trader to match orders with other traders electronically. The broker will not take the other side of the trade. So for example, if you are bidding the EUR/USD at 1.4056, and there is no seller there, you simply won get filled as there is nobody to sell it to you at that price. (This is rare, but it can happen.) Many people say that the ECN has no interest in the results of your trades, but this is not true. In fact, the ECN wants you to do well so that you will continue to trade as they make their money off of the commissions they charge for each trade. Because of this there is no markup in the spread to compensate the broker. You typically will see tighter spreads, but there will be an added transaction cost in the form of a commission for facilitating the trade.
Let us consider the following example:

You see an opportunity in the AUD/USD pair, and you believe it is going to rise in value. Because of this, you are ready to enter long position. If you had two separate brokers, you could have the following two scenarios possible:

Traditional Dealer:

You buy AUD/USD with a 5 pip spread, and thus start out the position 5 pips down. However, the total cost is 5 pips to place this trade. So in order to make money, you need the market to move at least 5.1 pips in your favor. Some dealers offer variable spreads, so this could change in the middle of the trade as liquidity increases or decreases, but in order to keep things simple, we assume that the spread is a fixed one. If you are trading at $1 a pip, this trade costs you $5 to do. If you are trading standard lots, it costs $50. As you can see, the trade size makes a massive difference.

ECN:

In the same set up, you see that the ECN broker is offering the same rates, but with only a 1.5 pip spread. However, with this broker you are required to pay $2.50 for each trade. Remember, when you open the trade that is one trade. When you close it that is another. So when they say per turn, you simply should double the amount to understand what the trade will cost you.

Much like the dealer situation, the value in this spread will depend on the size of the trade. For example, if you are trading at $1 a pip like the first example above, the trade will cost you $1.50 for the spread difference, $2.50 to open it, and $2.50 to close it. This is a total of $6.50 for the total position, which is actually more expensive than the dealer. However, if you compare it to the trade above that involved the standard sized lot, the cost is $15 for the spread, $2.50 to open the trade, and $2.50 to close the trade. This totals $20, saving you $30 over the dealers price!

As you can see, it all comes down to the trading size you will be doing.

Margin can vary from broker to broker, and country to country. As of the time of this writing the US had recently brought down the allowable leverage for its citizens to trade. Because of this, a US broker will only allow 50 to 1 leverage, which means you need to place 2% of the value of the trade for margin. For less liquid trades, it has been dropped down to 20%, meaning a 5% margin amount is necessary. Contrast that with countries around the world that allow unlimited leverage, and you can see it as high as 700 to 1! Because of this, margin requirements can very drastically, depending on your broker.

Account Types
There are many different types of accounts you can get at the various brokers available to you. Some of the most common include standard, mini, micro, and demo. The differences all basically come down to the trading size, which can also vary from broker to broker. For example, a standard account might mean that you have to trade full lots or more on your trades at one broker, but at another broker it may mean that you simply have the ability to trade them, but can trade much smaller amounts.

The most common difference is the spread that brokers will charge you. Under most circumstances, there will be lower spreads for the larger account. (When there is one.) Another common difference is that some brokers will offer value-added services for larger accounts as well, which can also be called PlatinumPremiumor œGold. Make sure to see if there are any differences at the broker of your choice listed on the website before opening your account.

Customer Service
Customer service is paramount when it comes to dealing with a broker. Remember, they need you “ not the other way around. If you do not see a clear route to contact someone at the brokerage on the website, this should be a huge red flag when it comes to using them. The professional firms will have several different ways to contact them including phone, email, live chat, and many others. If you ever run into a problem, the last thing you want to do is have an issue getting a hold of your broker in order to fix it. If the broker only has limited hours of customer service, that is also a sign that bad things could come of the business relationship.

Additional Services
Value-added services are starting to become the norm as the competition between forex dealers heats up. The competition dictates that many of them are offering analysis, news, signals, and even education for free. Some will ask that you deposit a certain amount before offering all of these features, but they are starting to become a regular feature of dealers. Some of these technical analysts are even well-known, such as Kathy Lien and Boris Schlossberg from GFT. Brokers that are ECNs typically will offer less, as the account size needed to trade those types of accounts normally suggests that the trader is a little more sophisticated. However, even in these firms there is a bit of a change in that thinking.

What are the right Questions to ask Before Opening an Account?
Asking the right questions before opening an account is absolutely vital if you wish to avoid issues down the road. The list of questions you should ask any broker before joining include:

Are you regulated? If so, in which countries?
What currency pairs do you offer?
Is the money deposited separated from operational capital, in other words “ is it segregated?
Do you have a dealing desk, or are you an ECN?
What types of customer service do you offer, and what methods can I contact them through? What times are they available?
What trading platforms do you offer? Is there a mobile application as well?
What is the deposit/withdraw process?

Conclusion
As you can see, there is a lot to think about when choosing a broker. However, by using these simple guidelines, you should be able to narrow down the list quite a bit. A lot of it comes down to personal preference as well, and what your trading needs and wants are. For example, you may want to trade the CAD/JPY pair, a market that isn always offered by all brokers. Maybe you prefer MetaTrader4 over other platforms, and as such would avoid any broker that only allows trading through their own platform. As you can see, preference can play a huge part in all of this. But by paying attention to the important issues about regulation and capitalization as well, you can find the right broker for you.

Nak Belajar TEKNIK SWING - FOREX???

SWIFT KOD BANK MALAYSIA

SWIFT KOD
SWIFT KOD BANK MALAYSIA UNTUK TRANSAKSI


NoBank or InstitutionCityBranch NameSwift Code
1AFFIN BANK BERHADKUALA LUMPURPHBMMYKL
2AFFIN ISLAMIC BANK BERHADKUALA LUMPURAIBBMYKL
3AL RAJHI BANKING AND INVESTMENT CORPORATION (MALAYSIA) BHDKUALA LUMPURRJHIMYKL
4ALLIANCE BANK MALAYSIA BERHADKUALA LUMPURMFBBMYKL
5AMBANK (M) BERHADKUALA LUMPURARBKMYKL
6AMISLAMIC BANK BERHADKUALA LUMPURAISLMYKL
7BANK ISLAM MALAYSIA BERHADKUALA LUMPURBIMBMYKL
8BANK KERJASAMA RAKYAT MALAYSIABERHAD (BANK RAKYAT)KUALA LUMPURBKRMMYKL
9BANK MUAMALAT MALAYSIA BERHAD (6175 W)KUALA LUMPURBMMBMYKL
10BANK PERTANIAN MALAYSIA BERHAD AGROBANKKUALA LUMPURAGOBMYKL
11CIMB BANK BERHADKUALA LUMPUR(SECURITIES BORROWING AND LENDING)CIBBMYKLSBL
12CIMB BANK BERHADKUALA LUMPURCIBBMYKL
13HONG LEONG BANK BERHADKUALA LUMPUR(ISLAMIC BANKING UNIT)HLBBMYKLIBU
14HONG LEONG BANK BERHADKUALA LUMPURHLBBMYKL
15HONG LEONG ISLAMIC BANK BERHADKUALA LUMPURHLIBMYKL
16HSBC BANK MALAYSIA BERHAD MALAYSIAKUALA LUMPURHBMBMYKL
17MALAYAN BANKING BERHAD (MAYBANK)KUALA LUMPURMBBEMYKL
18MAYBANK INTERNATIONAL LABUAN BRANCHLABUANMBBEMY2L
19OCBC BANK (MALAYSIA) BERHADKUALA LUMPUROCBCMYKL
25PUBLIC BANK (L) LTDLABUANPBLLMYKA
26PUBLIC BANK BERHADKUALA LUMPURPBBEMYKL
27RHB BANK (L) LTDLABUANRHBBMYKA
28RHB BANK BERHADKUALA LUMPURRHBBMYKL
29RHB ISLAMIC BANK BERHADKUALA LUMPURRHBAMYKL
30STANDARD CHARTERED BANK MALAYSIA BERHADKUALA LUMPUR(ALL OFFICES IN MALAYSIA)SCBLMYKX
31STANDARD CHARTERED BANK MALAYSIA BERHADLABUAN(LABUAN OFFSHORE BANKING UNIT ONLY)SCBLMYK
XLAB

PEPPERSTONE CTRADER


CTRADER-PEPPERSTONE
Pepperstone's cTrader platform is the most innovative, sophisticated and revolutionary ECN trading platform available on the market. The combination of Pepperstone's top tier liquidity, robust trading infrastructure and lightning fast ECN connection provides clients the edge in the competitive foreign exchange market. This powerful tool will enable direct access into the interbank market depth and much more, such as algorithmic based trading systems.

Designed by traders, for traders, the cTrader platform offers a user friendly interface that is highly customizable with different pre-sets and detachable charts so that it can suit the needs of any trader. Enhanced charting abilities and order management systems allow for more efficient management of your positions in fast moving markets.

cTrader DOM
cTrader enables clients to directly access Pepperstone’s full range of liquidity from its providers from such banks as: Goldman Sachs, JP Morgan Chase, UBS, Morgan Stanley and Deutsche Bank to name a few. Accessing these providers ensures clients receive the lowest spreads and best price available in the market.
cTraders sleek and easy to use interface allows traders of any level to take advantage of the many benefits and features the platform has to offer.

  • Level II pricing (full ECN market depth)
  • Detachable charts
  • Automated trading through a dedicated platform
  • Next generation user interface and charting techniques
  • Extensive back testing facilities

Download Pepperstone cTrader GO TO PEPPERSTONE

Nak Belajar TEKNIK SWING - FOREX???

PEPPERSTONE TRADING ACCOUNT



PEPPERSTONE

  • Institutional Grade STP Spreads
  • $0 Commission per Trade
  • EDGE Technology - Smarter, Faster, Tighter
  • One Click Trading
  • 52 Currency Pairs
  • Secure 24/7 Funding
  • $200 Min Account Opening Balance
  • Trade from 0.01 lots
  • Leverage to 400:1
  • Designed for normal traders
  • All trading styles allowed
Metatrader 4 ECN  Pepperstone
PEPPERSTONE

  • Raw ECN Spreads from 0.1 pips
  • $3.5 Commission per 100k trade
  • EDGE Technology - Smarter, Faster, Tighter
  • One Click Trading
  • 52 Currency Pairs
  • Secure 24/7 Funding
  • $200 Min Account Opening Balance
  • Trade from 0.01 lots
  • Leverage to 400:1
  • Designed for advanced and EA traders
  • All trading styles allowed
Metatrader 4 ECN Pepperstone

PEPPERSTONE SPREAD




Pepperstone Spreads

Spreads on our MetaTrader 4 platform are variable, with quotes coming from as many as 22 Major Banks and Electronic Crossing Networks.
During liquid times our industry-leading spreads can go as low as 0.1 pips on the EURUSD - typical spreads are listed below.

urrency Pair

STANDARD Account
Min/Max Average
RAZOR Account
Min/Max Average
EURUSD
Euro vs US Dollar
0.5 pips - 1.8 pips
0.1 pips - 1 pips
GBPUSD
British Pound vs US Dollar
1 pip - 2.2 pips
0.1 pips - 1.1 pips
AUDUSD
Australian Dollar vs US Dollar
1 pip - 1.8 pips
0.1 pips - 1.9 pips
USDJPY
US Dollar vs Japanese Yen
1 pips - 1.7 pips
0.1 pips - 1.2 pips
USDCAD
US Dollar vs Canadian Dollar
1.1 pips - 2.4 pips
0.2 pips - 1.3 pips
EURCHF
Euro vs Swiss Franc
1.2 pips - 4.4 pips
0.2 pips - 3.3 pips
EURGBP
Euro vs British Pound
1 pip - 2.4 pips
0.1 pips - 1.5 pips
EURJPY
Euro vs Japanese Yen
1 pip - 2.2 pips
0.1 pips - 1.3 pips
GBPCHF
British Pound vs Swiss Franc
1.3 pips - 5 pips
0.3 pips - 3.9 pips
GBPJPY
British Pound vs Japanese Yen
1 pip - 3.2 pips
0.2 pips - 2.3 pips
NZDJPY
New Zealand Dollar vs Japanese Yen
1.1 pips - 2.4 pips
0.2 pips - 1.3 pips
NZDUSD
New Zeland Dollar vs US Dollar
1.2 pips - 3.6 pips
0.2 pips - 2.7 pips
AUDCAD
Australian Dollar vs Canadian Dollar
1 pip - 3.2 pips
0.1 pips - 2.3 pips
AUDJPY
Australian Dollar vs Japanese Yen
1 pip - 2.2 pips
0.1 pips - 2.1 pips
AUDNZD
Australian Dollar vs NZ Dollar
1.3 pips - 7 pips
0.3 pips - 6.8 pips
CADCHF
Canadian Dollar vs Swiss Franc
3.1 pips - 4.7 pips
2 pips - 4.5 pips
CADJPY
Canadian Dollar vs Japanese Yen
1.8 pips - 3 pips
0.6 pips - 1.9 pips
CHFJPY
Swiss Franc vs Japanese Yen
1.1 pips - 3 pips
0.1 pips- 2.1 pips
EURAUD
Euro vs Australian Dollar
1 pip - 3 pips
0.1 pips - 2.1 pips
EURCAD
Euro vs Canadian Dollar
1.1 pips - 3.6 pips
0.1 pips - 2.5 pips
EURNZD
Euro vs NZ Dollar
2.3 pips - 10 pips
1.4 pips - 9.1 pips
GBPAUD
British Pound vs Australian Dollar
1.2 pips - 5 pips
0.3 pips - 4 pips
GBPCAD
British Pound vs Canadian Dollar
2.9 pips - 4 pips
1.8 pips - 3.1 pips
USDCHF
US Dollar vs Swiss Franc
1 pip - 2.9 pips
0.2 pips - 1.9 pips
USDZAR
US Dollar vs South African Rand
7.82 pips - 40 pips
6 pips - 30 pips
USDSGD
US Dollar vs Singapore Dollar
1.5 pips - 6 pips
0.5 pips - 5.2 pips
XAUUSD
Spot Gold vs US Dollar
20 - 40 points
20 - 40 points (no commission)
XAGUSD
Spot Silver vs US Dollar
20 - 40 points
20 - 40 points (no commission)
* Spreads analysed on a per minute basis. Spread is treated as an average if the majority of time in a 1 Minute bar is spent within the spread range.

Pepperstone ECN Forex Broker

Razor Account Commission Charges
Trading Account
Currency
Commission per 0.01 LOTS
(1000 base currency)
Commission per 1 LOT
(100,000 base currency)
AUD Account
Australian Dollar
AUD 0.035
(AUD 0.07 round turn)
AUD 3.50
(AUD 7 round turn)
USD Account
US Dollar
USD 0.037
(USD 0.07 round turn)
USD 3.76
(USD 7.53 round turn)
JPY Account
Japanese Yen
JPY 3
(JPY 6 round turn)
JPY 303
(JPY 607 round turn)
EUR Account
Euro
EUR 0.025
(EUR 0.05 round turn)
EUR 2.61
(EUR 5.23 round turn)
GBP Account
Pound Sterling
GBP 0.02
(GBP 0.05 round turn)
GBP 2.29
(GBP 4.59 round turn)
CHF Account
Swiss Franc
CHF 0.033
(CHF 0.07 round turn)
CHF 3.30
(CHF 6.60 round turn)
NZD Account
New Zealand Dollar
NZD 0.04
(NZD 0.09 round turn)
NZD 4.75
(NZD 9.50 round turn)
SGD Account
Singapore Dollar
SGD 0.045
(SGD 0.09 round turn)
SGD 4.55
(SGD 9.10 round turn)

Risk Warning Trading Forex and Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Financial Services Guide (FSG) and Product Disclosure Statements (PDS) for these products is available from Pepperstone Financial Pty Ltd to download from this website or hard copies may be sent by contacting the offices at the number above. The FSG and PDS should be considered before deciding to enter into any Derivative transactions with Pepperstone Financial Pty Ltd. Pepperstone Financial Pty Ltd is regulated by ASIC [ASFL 414530]. © 2014 Pepperstone Financial Pty Ltd | ASFL 414530703 | AFSL 414530