Recent content by Rhesus22

  1. R

    ASIC alternatives after March 2021 (posting CFD restrictions)

    Hello everyone. After moving in 2018 from an ESMA regulated broker (being an EU citizen) to an ASIC regulated broker (ICMarkets), I will need to move again .... to an offshore broker I think. From March 2021, ASIC will be introducing a CFD leverage restriction (similar to ESMA). ICMarkets has...
  2. R

    Which is the stage of ASIC CFD leverage restriction?

    Hello, Today, 4th of July, which is the stage of ASIC proposal of CFD leverage restrictions (1:30 leverage, as in Europe) ?
  3. R

    High leverage brokers (after the imminent change of ASIC) for retail traders

    I am looking for (”exploring”) brokers that offer high leverage products (CFD) for retail european traders. Like 90% of Europeans, I have moved in 2018 to IC Markets (ASIC/Aussie Commision) after the new ESMA rules. The imminent changes that will occur in Australia, will limit our...
  4. R

    Leverage and "Notional volume"

    I am opening a new thread, because I want to clarify a terminology. Given LCG's leverage info: https://www.lcg.com/leverage-information/ I'll take into account the indices section, with Margin Group: top Level. Here, we have 4 tiers: Tier 1. Notional USD: 1.000.000 / Leverage: 500 Tier 2...
  5. R

    Losses can exceed deposits vs. Guaranteed Stop Loss Order

    Thank you. I have one more question, but I'll open a new thread (because it's about leverage).
  6. R

    Losses can exceed deposits vs. Guaranteed Stop Loss Order

    I am reading some reviews about this LCG .... http://www.forexpeacearmy.com/forex-reviews/35/lcg.com http://www.forexpeacearmy.com/community/threads/london-capital-group-lcg-spread-ripoff.42279/ I dunno what to say ...
  7. R

    Losses can exceed deposits vs. Guaranteed Stop Loss Order

    You were "hammered" due to the market circumstances, or due to the broker? @mike. the second one :lol:
  8. R

    Losses can exceed deposits vs. Guaranteed Stop Loss Order

    I haven't encountered the problems mentioned. They were just scenarios (questions which everyone should put!). I don't place the same trade with 2 brokers. I am starting with 1$ / point (as you). But I do not want to have problems (because now I am becoming profitable, and I could, in future...
  9. R

    [LCG - London Capital Group] - CFD Trading

    I am very sorry! I messed up with another broker. Intertrader was GB. I have "mixed" them (because I used to work with both brokers).
  10. R

    Losses can exceed deposits vs. Guaranteed Stop Loss Order

    Yes, you are right, Bramby, but you don't understrand my concern. Let's say there is no event like SNB debacle, just a normal day. I usually trade CFD's on Dow, where the spread is around 2 pips. Let's say I will buy 1/5/10 lots, with SL at -25p, and TP at +60p. With high leverage. But...
  11. R

    Losses can exceed deposits vs. Guaranteed Stop Loss Order

    Thank you! It's strage because, reading the Terms and Condition, "at their sole discretion", a broker firm can make ... everything they want. For example: if I have a position, they can move the spread in order to "cut me off" .... Reading, reading, and RE-reading, you'll find that you can get...
  12. R

    [LCG - London Capital Group] - CFD Trading

    They have moved their business in Gibraltar ... and this is a little strange ....
  13. R

    Losses can exceed deposits vs. Guaranteed Stop Loss Order

    Hi. Every CFD company has this: "Losses can exceed deposits" (due to leverage), but none of them explain exactly the mechanism. What does it mean? Can you have a negative account balance ? I know the leverage mechanism, but the phrase "Losses can exceed deposits" is vague ... Because...
  14. R

    [LCG - London Capital Group] - CFD Trading

    Hi everyone, Because almost all posts are old (before the "revolution" of LCG from 2016-2017), I want to ask you some questions regarding this broker. Currently, I have a (normal) CFD account (from 2014, when they were UK based company). 1. They have "moved" their bussiness in Gibraltar ...
  15. R

    Trading CAC40 - France index. 2000 euro, 4380-4500 level, 10e/point

    Good Day, Recently, I have tried many and many strategies with low funds (100-200 euros) trading CAC40. None of them works, coz of low deposit. I work with InterTrader Direct broker. The question is the following: As long as CAC40 has reached 4-5 times the 4360 level, but also it reached the...
Top