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Pepperstone introduces "Razor" account

Pepperstone logePepperstone has recently introduced a new type of account, called “Razor”. The “Razor” account offers even lower spreads than pepperstone’s standard account, starting at 0.1 pips, however the account has a commission of $3.50AUD per 100k traded which equals to $7.00AUD for a complete round turn trade. Pepperstone’s trading platform is the ubiquitous Metatrader 4(MT4)

Silver is down, buy or sell?

As of the writing of this article silver stands at $39.39, which is 20.87% down from the high of $49.78 set on Apr 25th.

The CME has raised silver margin requirements several times in the last 10 days, maintenance margin requirements have been raised to $12,000 from $9,500 just a week ago(source). Silver traders apparently got the message and started taking profits.

Review for Week of Apr 18-22

After a sharp escape into reliable assets on Monday(Apr 18th), investors quickly regained their positions on Tuesday and Wednesday. Strong data for PMI services sector and industry in France and Germany, beating of expectations for new housing in the U.S. and impressive profit from companies such as Intel, IBM and Apple helped to overcome fears of global economic slowdown.

Gold hit $ 1,500 an ounce, and European stocks recovered what was lost on Monday, while bond yields are lower than the maximum at the beginning of the week.

Alpari rebates

Alpari's History

Alpari is a global forex broker with over 200,000 accounts worldwide, offering great trading conditions and very low spreads. Since it was founded in 1998, alpari has become one of the world's most popular forex brokers. In fact Alpari was the first forex broker to offer MetaTrader to their clients.

Forex Rebates

Forex rebate

Forex trading rebates

There is much confusion on the topic of Forex rebates or forex cash back. Are they possible and are they worth it? Is it a benefit to one’s account or is it just a marketing trick? These are valid questions and they should be discussed in order to gain a better understanding of the forex cash back topic.


The marketing idea behind free money or free rebates, is simple but could seem “too good to be true”. There are rebates in nearly every industry, the rebates could be for a few dollars up to hundreds of dollars. As an example, you can buy a TV in North America on sale and part of the deal could be a mail-in rebate. The idea here is that the manufacturer wants to entice you to buy that TV and is willing to give you a good deal, in this case the rebate comes directly from the manufacturer.

GBPUSD trading, scalping system

The GBPUSD currency pair is the 3rd most traded pair, after EURUSD and USDJPY. The GBPUSD is unique because it trades at a higher multiple to the USD compared to most major pairs and crosses. Because it trades at a higher price the daily moves are much higher. There is some correlation to the EURUSD, however, the GBPUSD’s moves are in 95% of the time greater than the EURUSD.

Today I present you a scalping system to be used on GBPUSD on the 5 min time frame

With this Forex scalping we can expect to make at least 5 pips per trade. It might not sound like much but since this is a scalping system we can expect to do many trades per day/week. To be successful with this system do yourself a favor and don't use a broker with a spread of over 2.5-3 pips.

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