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- 228 Results (199 Replies , 29 Comments )
- hornsant replied Jul 1, 2015
FXDD Malta, very hesitant about negative balances, at some point their sales dp has mailed confirming zero balance by the end of the trading day, but they do not commit and balance remains negative and continues to mail negative monthly statements. ...
- hornsant replied Mar 26, 2015
No, they did not.
- hornsant replied Mar 25, 2015
I have a small neg with FXDD, so far I have disputed the balance twice, I do not know what comes next but the cost of litigation in my country can excede by far my neg balance. I will only accept payment if they agree to close again a the high of ...
- hornsant replied Feb 6, 2015
instad of cutting your loss at margin call this broker will give you negative balance.
- hornsant replied Feb 6, 2015
When it comes to margin call this broker will ejecute your odres at the end of day with the worst posible price for you diving your account to negative balance...
- hornsant replied Feb 3, 2015
[quote=etrade;8041591]I know there are several threads about FXDD, but this broker has changed through time. Few years ago, it was a US broker, then moved to Europe, a few months ago it was bought by FXCM. I am surprised to read that FXDD was bought ...
- hornsant replied Jan 29, 2015
FXDD has the same kind of "no negative balance with us" kind of product description and stil they have done nothing regarding retail customers. Maybe they are hoping to fly under the radar and chase retail traders quietly after the dust has setled.
- hornsant replied Jan 28, 2015
there is talk about FXCM crediting the small accts negative balances to 0. Only institutional and non retail traders wich account for 10% of accts worth 60% of FXCMs losses will be chassed for their neg balances
- hornsant replied Jan 24, 2015
I lost all the balance and bit more, in other circumstances I would have funded the acc and continued to trade but this event set the limit. No more funding for trading. Money that has been earned in the real economy deserves a better environment.
- hornsant replied Jan 22, 2015
I ma sure that most -if not all losses- will go to tax deduction of the brokers.
- hornsant replied Jan 19, 2015
One last thing for you to chew. Brokers and Banks will make very good use of your negative balance puting it in their balance as a loss wich will aleviate their tax load. If you are not being asked to pay is because accountants and lawyers of these ...
- hornsant replied Jan 19, 2015
They got rid of 50% of their Euros
- hornsant replied Jan 18, 2015
Because the whole situation is absolutely stupid, how do you expect to make a teenager accountable for a loss of xxx,xxx USD if the boy lives on a schollar loan. In the first place why does the FX industry take customers like that, it puts the whole ...
- hornsant replied Jan 18, 2015
I had never been even close to a margin call in over 5 years of trading. Brokers have turned this event into an oportunity to sqeeze the last drop of milk and more from their customers, why do you feel so moral about being trated back in the same ...
- hornsant replied Jan 18, 2015
The "feature" is what makes you complacent and complacency is what makes the losses. Finaly the total absence and or falure of the "feature" is at the root of the problem and that is FOWL ADVERTISING. I don't mind having lost my balance, in this ...
- hornsant replied Jan 18, 2015
there is a high chance that regulators and judges may even turn against them. FXCM’s lawyers are evaluating the pros and cons of taking their clients to court. And I don’t think they will be confident and happy with the evaluation.[/quote] Agree, I ...
- hornsant replied Jan 18, 2015
FXCM is a ECN or a MM ? FXDD is a ECN or a MM ?
- hornsant commented Jan 18, 2015
Only way out for FXCM is to start creditng all negative balances and repositioning margin funds in clients accounts if they are to survive at all.
- hornsant commented Jan 18, 2015
I do not put a lot of faith in this firm after their poor performance. Customers will go for the exit door next week. Trust is everything in business and they blew it just like the SNB.
- hornsant replied Jan 17, 2015
Big money, yes but only if you traded a put option