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Excel Markets: Client Funds Status
A brief update in regards to client equity and withdrawals: As of Thursday, 22 Jan 2015 100% of pending withdrawal requests were processed amounting to 93% of the $1.954M in client equity held by Global Brokers NZ Ltd (GBL). As of today, 27 Jan 2015, 96% of client funds have been sent back to clients and the remainder await withdrawal requests. The Financial Markets Authority of New Zealand has worked closely with GBL since the incident to ensure client funds were being safely returned. Excel is backed by founders of Cash Back Forex ([url]http://www.cashbackforex.com[/url]), one of the largest introducers of retail ... (full story)