Recent content by plugger

  1. P

    Are there any broker with no slippage, rare requotes

    Hi Eurex Let’s look at Euro currency future as opposed to a 0.8 spread on the TradeDirect365 platform Euro future is trading: Bid 1.3685 – Ask 1.3686 If you buy and then sell at this point what are the total costs? Round turn commission is $3.67 plus the minimum spread which is 1 pip = $13.67...
  2. P

    Are there any broker with no slippage, rare requotes

    Just in responding to Fredfound Orders on our platform will get filled. (20,000 quotes per second) You will find going into news periods that it's the ECN brokers where liquidity drops and spreads widen. We use a market making model for hedging exposure as a portfolio. This creates an efficiency...
  3. P

    Two questions about SB

    You may be confusing Spread betting with Binary Options where your loss is limited to your bet size. UK clients tend to use spread betting as a form of trading an underlying index, share or currency with favorable tax treatment. In Australia and Asia traders use CFD's for leveraged exposure to...
  4. P

    I want to start trading ^^

    Hi Gizmosis, A couple of things to take into account with FXPrimus. They are charging $10 round turn for a full contract plus the spread which at 0.5 would equate to $15 per round turn. They are also licensed in Mauritius which may not have the same oversight as London or Australia. Our rates at...
  5. P

    I want to start trading ^^

    Binaries on a payout of 85% have a similar payout to poker machines in Australia. If you are serious about trading, concentrate on positive expectancy.
  6. P

    Best/Favourite Broker(Reputable) in Australia or New Zealand?

    Hi Moyes I am a CFO of an FX/CFD company in Australia and know a few insights into getting the best cost when looking at a provider. Key points to look at are for FX - Is the spread variable or fixed and how tight is that spread. Does the company requote or intervene in the trade? The wider the...
  7. P

    I want to start trading ^^

    Here is my 2 cents. I have traded professionally for 12 years. Develop these core attributes: A strong understanding of market structure Solid trade management A personal trading style and an understanding of yourself. Test your skills first in a demo environment and through simulated trading...
  8. P

    Do SB companies share customer information?

    This industry is very competitive in nature. I suspect there would be very little information sharing outside of jurisdictional regulatory changes that affect all industry participants.
  9. P

    Are there any broker with no slippage, rare requotes

    If you are after a 24 hr fixed spread of 0.8 pip with no commission on AUD/USD, EUR/USD, JPY/USD then you could try our ASIC regulated platform TradeDirect365. I am the CEO, so feel free to ask me any questions I can help with. If you are after a STP broker with institutional spreads + brokerage...
  10. P

    Do SB companies share customer information?

    As a CEO of an Australian CFD/FX firm, and personally knowing the Australian responsible manager for Capital Spreads when they operated in Aus, I would be astonished if information was shared between these competing companies. The benefit would be insignificant and create unwanted privacy issues...
  11. P

    Sticky Introduce Yourself

    Intro to the T2W forum members Hi to fellow traders, I provide a new ASIC regulated CFD and FX platform (TradeDirect365.com.au). I am not here to spruik the platform but to answer questions on any matters relating to our product or generally in the CFD and FX space. I'm a little different to...
  12. P

    Best Australian CFD provider ?

    Hi, I am the CEO of a new trading platform in Australia for the top 500+ ASX CFD shares and FX markets which has gone live today. TradeDirect365.com.au I have been a professional trader for 12+ years and was one of Comsec's largest private traders so I have developed our business from a traders...
Top