Does anyone here have any experience with Pepperstone? Do they have large slippage or freeze during news?
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Originally posted by ricoguy View PostDoes anyone here have any experience with Pepperstone? Do they have large slippage or freeze during news?
Freeze during news time, once in a while, but IC is worse about freeze.
If you find a broker without slippage, please let me know.
Cheers,
FxTurtle
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I guess if you are from Japan, Pepperstone is out. ASIC just slapped Pepperstone by shutting down their Japanese business. http://www.smh.com.au/business/asic-...13-115d26.html
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I've tried both Icmarkets and Pepperstone. So far i think Pepperstone is better in term of slippage especially during big news like fomc or nfp
http://www.4rex.me/instant.jpg http://www.4rex.me/light.jpg http://www.4rex.me/lf.jpg http://www.4rex.me/money.jpg
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I have a Pepperstone account for almost 3 years.
The spread is either wider or the same as IC Markets the times I have compared, Outages (meaning:Unable to place or cancel any open Trades or Pending Orders) is the main issue with Pepperstone.
On the 15th Jan we experienced a Outage for 3.5Hours and was unable to close or cancel any pending orders for any currency. Also via Pepperstone Live chat was unable to close any trades.
We experienced Losses due to this outage and Pepperstone have refused to provide any adjustment/refund. 3.5hrs is the longest and is unbelievable to me , other Occasional outages could be for 2mins to 1hour.
Have experienced occasional freezing during news, Slippage during NFP or FOMC likely.Last edited by genki7; 01-29-2015, 09:08 AM.
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