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- lukehandcool replied May 24, 2021
Sorry 2015.. not 2017..
- lukehandcool replied May 24, 2021
Negative balances happen only where there is a gap event where a broker cannot execute a stop or liquidate an account due to margin call at a price that would not cause a loss beyond the balance on the account. you are correct in your assumptions in ...
- lukehandcool replied May 21, 2021
Not good enough Global Prime! The ASIC rules allowed for positions Pre product intervention to be grandfathered and the new leverage rate only applied to new positions. Why GP did not offer this to clients is just ridiculous and could have avoid all ...
- lukehandcool replied May 17, 2021
You’re right going offshore means you lose your right to using the likes AFCA in Australia and other government complaints bodies. Also financial compensation if a firm goes under. You are however still trading with the same firm so if you like me ...
- lukehandcool replied May 14, 2021
You actually get great spreads from GP for trades in up to 1 lot (USD100k) of exposure. Anything beyond that I can’t say but my experience hasn’t been great. The GP website shows their spreads but I would say they are indicative and only apply to ...
- lukehandcool replied May 14, 2021
Hi Jeremy, I have to say I disagree. A b - book is internalised flow which is what you are doing up to an exposure of 100k and I assume you are doing that as you have a smaller balance sheet that other bigger players. You do say in you terms that ...
- lukehandcool replied May 13, 2021
Hey Jeremy, I appreciate you going online and putting your neck out here. I have to say I have been pretty disappointed with your offering to date. The liquidity you have offered me hasn’t been great, the spreads you quote are only good in really ...
- Posts by Member Search: 'lukehandcool'