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Date/Time: Sun, 08 Sep 2024 02:15:15 +0000

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Support for Forex Brokers outside the US and EU ?!?

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[2019-01-13 14:10:43] #1 [Go To First Post]
User138602 - Posts: 169
Hello, as you may know the EU is now even harder reagulated than the US. If you are a non-professional trader, and i bet 90% or more qualify as that, you get a leverage of 50 in the US and now a leverage of 30 with EU regulated brokers. THIS IS HURTING PERFORMANCE VERY MUCH!!! It limits you to just a few simulataneous positions or you have to go too small on a postion, its a nightmare. So the solution is to find an Australian broker. They not only offer a 200 leverage but also HEDGING!!! and microlots. Two very well known and RELIABLE!!! brokers are "Pepperstone" and "Global Prime". The bad thing is: they are not supported by SC or they dont support SC. Either way, being able to have access to at least 1 one of these brokers through sierra chart i would consider a HUGE edge for SC itself. Did you already talk to these people? They may look for opportunities to expand their business and an implementation into SC could offer such opportunity. Best Regards PS: I cant go to Metatrader...i am spoiled by SC. Date Time Of Last Edit: 2019-01-13 19:10:36

[2019-01-13 22:02:33] #2 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Check out LMAX New Zealand: https://www.lmax.nz/ Sierra Chart does support them as well. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, change to the Teton service: Sierra Chart Teton Futures Order Routing

[2019-01-14 02:06:07] #3 [Go To First Post]
patrick - Posts: 30
I have been with LMAX NZ for 3 months. They are good. FYI Pepperstone is not reliable, I would list them as one of the scammers in retail brokers.

[2019-01-14 06:22:48] #4 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
FYI Pepperstone is not reliable, I would list them as one of the scammers in retail brokers. Yes this does make sense. While LMAX is not perfect, they are a true exchange. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, change to the Teton service: Sierra Chart Teton Futures Order Routing

[2019-01-14 15:19:20] #5 [Go To First Post]
User138602 - Posts: 169
thx for the tip...i think its an improvement over lmax uk one question: lmax offers hedging via metatrader. afaik, sc is connected to the web platform trading. Wouldnt it be great to have hedging as well in sc? Does this need the expensive fix connection?

[2019-01-14 16:03:17] #6 [Go To First Post]
User138602 - Posts: 169
I just chatted with lmax nz. they wont open an account for me because i am eu citizen. so is this topic off the table for good or do you rethink it? i mean...leverage of 3.34% AT BEST for retailers....everyone tries to escape that and lmax is NO solution...unfortunately. its an opportunity. i rather would try the scammer pepperstone to be honest...i REALLY would and still can. but i love sc...but at what cost? Date Time Of Last Edit: 2019-01-14 16:15:09

[2019-01-14 17:31:30] #7 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
To do hedging with LMAX in Sierra Chart would require a second LMAX account. And also LMAX should be judging account opening based on location and not citizenship. But that probably is effectively what they meant anyway. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, change to the Teton service: Sierra Chart Teton Futures Order Routing

[2019-01-14 17:31:32] #8 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
To do hedging with LMAX in Sierra Chart would require a second LMAX account. And also LMAX should be judging account opening based on location and not citizenship. But that probably is effectively what they meant anyway. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, change to the Teton service: Sierra Chart Teton Futures Order Routing

[2019-01-14 18:00:29] #9 [Go To First Post]
User138602 - Posts: 169
The result for me is the same: i cant use sierra chart in forextrading if i want to go above a 30 leverage. All options left in the world dont incorporate sc. The only tip you could give me was LMAX NZ...and i checked that. Maybe IB is another choice? Do you know any specifics regarding my leverage problem?

[2019-01-14 20:18:52] #10 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
We do not know about what kind of leverage you can use with Interactive Brokers, you will need to contact them and find out. But if they are being regulated by the US or the EU we would think it would be the same. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, change to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2019-01-14 20:19:07

[2019-01-14 20:58:22] #11 [Go To First Post]
User138602 - Posts: 169
Most probable... i know you guys help ALOT. Thank you... But right now i feel lost. It seems like you just cant help people like me: EU citizen wants to trade forex above 30 leverage. The only thing i would like to know is this: Can you imagine to tackle this problem in the near future? You surely see the importance of it, do you? Or did you already try to work with some of these more reliable oversee brokers? They may not be as reliable as lmax or IB but they have for sure other advantages one simply cant just ignore.

[2019-01-16 08:20:27] #12 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Well we are very busy with so many tasks that we do not see offering anything near term in regards to this. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, change to the Teton service: Sierra Chart Teton Futures Order Routing

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