Use the forex trading Australia comparison table below and find the best forex broker. What Forex Trading Platforms Does Pepperstone Offer? Pepperstone offers Australians the choice of forex trade uk pools forecast two most popular fx trading platforms globally.
The 10 smart trading applications shown below give Pepperstone MT4 trader the edge, helping trade smarter with detailed insights into currency and CFD markets. These tools assist forex trading with expert trade execution and management, advanced alarms, decision assistance as well as broadcast features providing market information to traders. These tools are designed for both those new to trading and the most experienced traders. This feature helps set up notification and alerts of events that may impact currency markets. This tool can be automated to send alerts via SMS or e-mail. Get quick access to RSS new feeds, trading guides and an economic calendar through this centralised portal.
The portal also allows trades to get access and fund their account. This tool shows the correlation or an asset vs other markets to provide insight into exposure to the market. This helps determine the position of open trades based on the correlation of those trades. This compact tool helps traders get access to features without opening the MT4 program. This includes account information, the ability to make orders and advanced monitoring tools. RTD is an excel tool that allows spreadsheets to be generated and analysed through a connection to MT4.
Both price and account data can be accessed and VBA programming can build financial models. Position analysis combined with fast trade execution combined with advanced stop-loss orders are features of this all-in-one application. This allows fast advanced trading for those on-the-go. This tool allows individual markets to be read through their sentiment rating. Historical sentiment features can also be viewed against market prices to further understand markets. This can help identify peak liquidity in markets.
Using this trading feature, pending order trades can be hid from the market. This means that rather than make a standard limit or stop order, only once the price is reached the trade is executed. Get Profit and Loss results combined with analysis of forex trading strategies. A trade can can his or her manual trades to see how it would have performed based on historical market data. How Does Pepperstone Achieve Superior Execution Speeds?
Pepperstone has overcome this issue by adopting infrastructure that offers a direct fibre optic cable from their Sydney data-centre to New York. This has minimised the latency for Australian forex traders which is why advanced traders who make split second decisions choose their ECN platform. This makes the platform perfect for traders that adopt both technical and fundamental analysis. This is matched by IC and IG which also offer ecn currency trading environments. The results are razor thin spreads for all these fx brokers. It should be noted there are two accounts. The standard account is a larger spreads determined by the forex broker and the market and is normally selected by beginner forex traders.
This Pepperstone review focused on this Razor ECN forex broker account. This is because Pepperstone allows traders to directly trade with liquidity pools making it a market maker with prices set by the market. PPI technology intelligently routes currency trading orders to detect liquidity hot-spots to ensure optimal pricing for Australian traders. PPI technology detects the movement and when possible, fills the order at the improved level. For example, Pepperstone’s leverage of 500:1 means you can borrow 500 times the deposit. 150,000 been traded on currency markets. For example, leverage of 100:1 will mean a movement in a currency pairing of just 0.