Am I missing something? Wake me from my trading dream!

Their customer support is very good. And I think if you’re a UK customer you’re fine with them. If it wasn’t for brexit, EU folks wouldn’t be registered in the bahamas section I guess…

Good luck with that belief - I hope it works out ok for you. :roll_eyes:

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Not a question of belief. Nor does it have to work out for me ^^ In the EU and in the UK when you sign in with a locally regulated broker, you are trading under a certain set of rules. No more than 30 leverage for privat useres for example… And those rules used to be the same. Remember, Brits used to be in the EU. Now when I (from EU) sign in with a UK broker, they don’t have to put me under their local regulation, so wild west. That is what I meant to say with my post anyway. If you know more or better, please enlighten me :wink:

Tom Hougaard doesn’t use anywhere near 200:1 leverage. He puts about £4 per point size trades on the DAX with a 30k account. I can put a size of 13 on a £13.5k account with 20:1 leverage.

I can very quickly blow my account with positions that big, and Tom Hougaard could make just as much money on a European broker if he wanted to.

No idea why IG are so restrictive. I’d recommend a Pepperstone account, but the spread on the DAX right now is a disgrace, so I don’t.

Interesting. So appart from the spreads on the DAX, can you recommend Pepperstone? Was thinking of choosing them. They have offices in Düsseldorf, Germany, which suits me. And the spread seems to be fairly good on forex.

STOP TALKING RUBBISH about Tom Hougaard, he’s actually getting a bit sick of stupid people.

This year he has been illustrating what can be done with a £10,000 account and has trebled it! YES more than 300%
This is why he is not using his normal size - which used to be on a 100k account.
He would call you a negative clown!

I am not saying anything negative about him, he’s a brilliant trader and somebody I respect hugely. Not sure how you think me saying he’d have done exactly the same with a 30:1 leveraged account can possibly be considered criticism.

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Are you by any chance this “Tom Hougaard”?

Just when you refered to him using £4/pts - he is treading carefully because of volativity and he’s using very large SL which he rapidly moves to BE an then adds aggressively.
Talking of spreads, yes some brokers are taking liberties - TG365 has ‘tight fixed spreads’, sometimes a bit of slippage but they have reimersed.
Very volatile on indices at moment.
I have just had a reply from TD365 regarding escow accounts at Barclays. I await their permission to publish it here- it’s very positive.

No hard feelings - if I came over a bit insulting, my apologies!

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@maschu Ha ha - I wish :sweat_smile:

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@chesterjohn
Hey - I was in panic mode today - ATR on 1min chart got upto 70 and I kept getting taken out for 50pts unheard of for me (usually 20pts max) - I was 200pts down at one point, luckily I manage to claw my way back in12 trades to finish 55pts up.But hell if I had been cool there were easy 400pts available, if I stuck to my rules.

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Other than that, they’ve been good. They ring me regularly and ask if I need anything. Funnily enough they laughed when I said a tighter spread haha