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The problem with Pepperstone is that you don’t really get the idea of how it feels to work with them until you are actively involved in it. We are unaware of the online reporting portal you have mentioned and cannot confirm its legitimacy. Good Broker, deposit and Withdrawals are very Fast. Yesterday after seeing those bad reviews, i withdrew my money and I received it in less than one hour on my Crypto Wallet, i think i will keep Trading with Hugosway.
Please reach out to our 24/7 customer support so we may thoroughly investigate the technical issues you may be facing regarding your account. Hugo’s Way does not operate as you have described, nor were we able to locate any account under your name. Furthermore, we have had zero correspondence with the company/platform you have mentioned. Hugo’s Way does not operate as you have described, the explanation does not align with our internal procedures regarding any matters, especially withdrawal requests. Technically speaking, Canadians can’t receive support from Pepperstone.
Hugo’s Way Reviews
Pepperstone is one of the global leaders of the trading industry. It’s a relatively young Australian company hailing from Melbourne. It was started in 2010, which implies it grew relatively fast, considering that it was initially a strictly Australian project.
There are several key targets of criticism, and it’s an effort to find them under the heap of praises and excited reviews. There is a very rich educational section on Pepperstone. You can specifically learn about trading CFDs, because there is a section dedicated to doing it.
- We also ensure all reviews are published without moderation.
- If you know how to protect yourself from breaches, the experience will prove even better.
- Any Becfd reviews will not only answer the question of whether or not the broker is licensed, but will also provide some insight into the regulatory body and indicate whether or not the license is top tier.
- User reviews on websites like Trustpilot don’t really help – not unless you know how to filter the nonsensical statements and read between lines.
- To learn more you can come to the official Pepperstone website and click on each of these markets under ‘instruments’ menu in header.
“Do not even consider investing your hard-earned money in this bogus company. Also, the stop loss was not as effective as it once was. You still shouldn’t disregard the ‘invited’ feedback, because they aren’t paid – the broker simply asks people to share their thoughts whenever the support helps them. The only problem is that negative reviews aren’t quite so frequent or encouraged. Still, by reading between lines you can deduce the following advantages. Each broker uses different liquidity providers; there will always be discrepancies between prices and spreads.
Pepperstone Forex broker: User reviews
However, if you are both a beginner and a Canadian, then it’s really unreasonable for you to start trading here. It doesn’t happen to everyone, but it’s still advisable to put in place all security measures you can and also contact them as soon as breach happens. The results are very good – especially on Trustpilot – but FPA shows that PS still has some flaws that ‘redirected’ and ‘invited’ reviews on Trustpilot can’t cover fully. Pepperstone is very in touch with the recent events, and it shows. They often offer their analysis on the upcoming events that will affect a lot of markets. Now, the analytical cornerstone is US presidential elections, for instance.
Deposit was easy, almost too easy with having NOT to verify much as the user Investing was easy. If I didn’t report online, my withdrawal will be pending till date. If you feel a trade has not executed as intended, feel free to reach out to us and one of our trading specialists will investigate the trade in question.
We gently recommend regularly checking economic calendars and following global events, in order to be as aware of potential market conditions as possible. Unfortunately, the support is not extended to Canadians and several other groups for some reason. Without support, you’ll be on your own during each crisis, and no one wants that. If you can live without it – feel free, the broker has a lot to offer that compensates for the lack of Canadian support. We do not recommend trading with them, and if you do, please contact them as soon as possible to try to get your money back.
Pepperstone makes great emphasis on satisfying the customers through their superior customer support. It doesn’t necessarily mean that all the other features https://forexbroker-listing.com/ are hollow and inferior, but you should get distracted by the client service. We use dedicated people and clever technology to safeguard our platform.
Amazon Scam Protection – The Recent Update (July Edition)
They use unfair trading terms and conditions, and because they reject any withdrawals and suspend accounts, no one will take them seriously as a broker or trader. Kindly note, in order to investigate and refund any trades, we require certain details regarding the trade ID and account ID. Through correspondence with you, we are able to see these details were requested multiple times but unfortunately you did not respond to these requests. Kindly reach out to our 24/7 customer support channels and provide the requested data so that the trade may be investigated and refunded, should that be the result of the investigation. We constantly warn traders that dealing with offshore brokers is extremely risky because their funds are not secure. I really have no complaints thus far, have been using hugos since early 2019, handful of withdrawals, decent customer support, not sure about all the negative reviews, no broker is perfect.
It means that you probably will be able to trade here, but you won’t be able to address their support for anything. It also means that if they’ll ask you to submit your documentation for security purposes, the Canadian docs won’t work. Pepperstone generally has low commissions, but their spreads may be especially high. The spreads may rise to stunning numbers during rollovers – sometimes to 40 or even 500 pips .
to recover back your money!
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Hugo’s Way charges a commission of $5.00 per lot traded. No hidden fees are charged, including for deposits and withdrawals. I made a withdrawal request some months ago in the ammount of $18000 and to this day I did not receive my money, though, not until the complaints filed with venom’threads got it back to me after grilling my trader..
BECFD
Unfortunately, they are mostly left ‘by invitation’, and you can’t really get the general idea from them. You may have been misled by a copy website impersonating our platform in order to commit fraudulent activity, please do reach out to us at and provide as much detail as possible regarding the copy website. Hugo’s Way may then attempt to have the fraudulent site removed and permanently deleted. In the case that you may not pepperstone forex have received our correspondence, we ask you to please check your junk and spam folders or kindly inform us via any of our 24/7 support channels and we shall gladly resend the relevant information. Alternatively, if you feel you may have been misled by a copy website impersonating our platform in order to commit fraudulent activity, please do reach out to us and provide as much detail as possible regarding the copy website.
If you like charts that gap and pause for endless minutes while you’re in positions and charts that write weird price data that has not happened on any other brokerage or price charts then you’ll love hugosway! In 2 years with them this has been their « go-to guarantee » every time you’re in an open position! IMHO they are the Indian phone scammers of Brokerages. There are many advanced and technically challenging ways bad actors are able to commit fraud. Hence any actions taken by Hugo’s Way to protect client funds are a necessary implementation and cannot be circumnavigated for any reason. Hugo’s Way does not conduct fraudulent business as you have described.
Traders should use highly regulated brokers such as UK and Australian brokers, as well as reputable brokers such as BlackBull Markets and Pepperstone. BECFD’s TraderSoft trading platform allows investors to trade CFDs and Forex. Hundreds of underlying assets are available for trading, including Crypto, Forex, Stocks, Commodities, and Market Indices. The more advanced traders can find news and analysis posts to help them draw strategies and make decisions based on the recent developments in the market.
It implies near-instant execution of orders, and if you aren’t doing great, then it’s possibly an issue on your end. If you happen to not be a Canadian resident, you could try calling them to figure out what’s slowing you down. But only the user reviews can tell you whether they implemented all these features with success or no. Before that, however, let’s talk a bit more about Pepperstone itself.