I deal with AFCA/ASIC quite a bit in my previous line of work. ASIC rules covers corporate entities and by default all the clients/customers of these entities. It doesn't matter whether these customers are in Aus or overseas. So if you reside in ...

Is anyone going to IC Markets Seychelles on March 2021?

One thing strange about blackbullmarkets is that their NZ company do not accept NZ citizens as clients. This was the rule when FMA clamp down on forex trading. If an NZ company doesn't accept NZ clients, what does it says about being regulated? Also ...

Breaking: Australian Parliament Passes Product Intervention

How do you install multiple MT4 in wine? I manage to install first one and it puts a desktop shortcut. Subsequent ones I manage to install and run but there is not desktop shortcut. Once I close the MT4, I am not sure how to execute it again? Thanks

MT4 on Ubuntu - Easy Install

You need to find Brokers to target users with EA. They usually have zero stops. e.g IC Market. They may be others as well.

Brokers with low Stop Levels (CFD or other acc types)

Brinol1, you need to ask IC Market, not transferwise since transferwise only follows you instructions. They accept money from anyone. But ICM only accepts money from you and return to you.

IC Markets - Deposit/Withdrawal using TransferWise.com

VPN does not matter, it is your id and proof of address if EU decide to restrict EU residents from signing up with non EU brokers. A US citizen living in Australia is still not eligible to sign up with ICM. The money with ICM is still with the same ...

IC Markets New Info - What does this mean for German dealers?

The key here is where is bank account is held. In IC markets seychelles, Global prime vanuatu, the bank acct is still in Australia which is good. Tickmill seyschelles has their bank acct in syechelles(Barclays) which is not so good. When Tsunami hit ...

IC Markets New Info - What does this mean for German dealers?

If you get a free VPS from IC markets, lets say the provider gets $50 per month for IC markets. The contract is between the provider and ic markets and ICM can cancelled the contract (accidentally or intentionally) which is what happen to you. But ...

Has IC markets cancelled your VPS?

I wonder if IC market will provide $ rebate instead of a free VPS?. That way if you sign up with VPS provider the relationship is between you and provider. That is there is no surprises. Anyone tried this with IC Market?

Has IC markets cancelled your VPS?

Some banks only allows "refund" to be made to credit/debit cards and "payment" is not allowed. This is a transaction type initiated by the sender. This is to prevent money laundering. But some banks allowed all sorts on incoming transfer to the card.

(binned per thread starter’s request) Broker withdrawal problems?

ICM spread during London open on Raw acct: EU, GU, AU, UJ, Uchf range from 0.0 to 0.3

IC Markets or FP Markets?

on raw account today at ICM, EURUSD, USDJPY, USDCHF, EURCHF has zero spread during europe/london open.

FP Markets Discussion

Quite a number of australian brokers have setup offshore companies like in seychelles, Vanuatu etc to prepare for ASIC changes to leverage. But their main office is still in Australian, bank account the same. This is different from companies where ...

IC Markets or FP Markets?

Hi MIami, you need to show proof of residence. If the address shows Italy put Italy. If it shows Malta, put Malta. As for whether it should be icmarkets australia or seychelles, choose australia as the first option. If they don't allow you to sign ...

Are there any Europeans trading with IC Markets (ASIC reg)?

MT4 technology is 20 years old. when the server (at brokers end) receive the ticks e.g. t1, t2, t3, t4..., it need then to distribute out to each traders client MT4. It need to process them in that order, it cannot parallel process the incoming ...

IC Markets freezing up

Jinsen. I am referring to ASIC jurisdiction entities only. Outside of Australia, the suspension does not apply. Axicorp can call their subsidiaries outside of australia with the same name or different name, it doesn't matter. The Axitrader you ...

AxiTrader AFS licence suspended

Axitrader is the trading name of Axicorp. There is only one ABN (australian business number). So it is incorrect to say Axitrader is 100% owned by Axicorp. They are one and the same. ASIC only knows of Axicorp Financial Services Pty Ltd. There no ...

AxiTrader AFS licence suspended

Axitrader has a license in the UK under FCA. Interesting to note that there is no issue with FCA compliance. Under FCA, you have FOS compensation. Under ASIC there is no compensation, hence have to be strict. Having dealt with ASIC in my job, their ...

AxiTrader AFS licence suspended

as I have mentioned in other threads, the client money rule that comes into play has caused headache with a number of brokers. Especially smaller ones which cannot cope with complying with new rules - especially the reconciliation between MT4 ...

AxiTrader AFS licence suspended

The above statement is false. Trust account only contains money for traders. All creditors do not have access to this. Creditors have only access to the company operational asset (including working bank accounts). Even if the broker borrow money ...

Broker trust accounts