Skrill suspending payouts to certain Forex brokers

Skrill suspending payouts to certain Forex brokers

From leaprate.com

Continuing our exclusive coverage of all the fallout from the unparalleled Swiss Franc volatility on Thursday, LeapRate has learned from a number of retail forex brokers that online payments company Skrill (formerly Moneybookers) has temporarily suspended payouts to certain retail forex brokers. Skrill is keeping the accounts suspended over the weekend, and expects to reevaluate the situation early next week. Skrill cited ‘the exposure [which] some of our FX merchants are facing as a result’ of the Swiss Franc move as the reason for its halting of withdrawals by the brokers. The following email was received ... (full story)

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Post #1
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Jan 18, 2015 10:42am Jan 18, 2015 10:42am

KingHussain
| Additional Username | Joined Jul 2014 | 53 Comments

wow this is gonna be very interesting, because many like me use skrill for deposits and withdrawals.

Post #2
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Jan 18, 2015 12:13pm Jan 18, 2015 12:13pm

azmoeth
| Joined Nov 2014 | Status: hang on there, azmoeth | 3 Comments

i use skrill too..wtf is goin' on here

Post #3
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Jan 18, 2015 12:29pm Jan 18, 2015 12:29pm

F4RexTrader
| Commercial Member | Joined Dec 2014 | 3 Comments

skrill is worst payment processor my experience never use it.

Post #4
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Jan 18, 2015 3:17pm Jan 18, 2015 3:17pm

TheTopBloke
| Joined Sep 2007 | Status: Forex God | 1,035 Comments

What is going on here is people are morons. It never ceases to amaze me the stupidity in the financial community. Seriously, who the fuck shorts the CHF???

So you've a got trade, it closed, was it CHF? How could you not have benefited, and if it wasn't CHF, how was it possibly connected?

In less than one second companies went belly up, and traders vanished. Fine, but this is going beyond that now, because the financial community is too fucking stupid and too fucking greedy to do anything right.

Leverage. Absolutely fucking amazing.

Post #5
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Jan 18, 2015 4:59pm Jan 18, 2015 4:59pm

tanim
| Joined Apr 2013 | Status: Member | 11 Comments

is hotforex included in those companies?

Post #6
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Jan 18, 2015 6:34pm Jan 18, 2015 6:34pm

demon king
| Joined Jan 2014 | Status: Member | 20 Comments

topbloke on fire, kkkkkkkkk

Post #7
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Jan 18, 2015 7:33pm Jan 18, 2015 7:33pm

DeeKey
| Commercial Member | Joined Sep 2012 | 127 Comments

I guess,.. For all countries and really regulated brokers, new EBS regulations are coming, where brokerage firms/institutions will be forced to decrease leverage, to prevent this kind of scenario,.. so this means,.. a lot of volatility is expected...

Post #8
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Jan 19, 2015 8:17am Jan 19, 2015 8:17am

Bear-Trader
| Joined Jan 2015 | Status: Member | 22 Comments

Quoting DeeKey

Disliked

I guess,.. For all countries and really regulated brokers, new EBS regulations are coming, where brokerage firms/institutions will be forced to decrease leverage, to prevent this kind of scenario,.. so this means,.. a lot of volatility is expected...

Ignored

It is common knowledge that rookies hold on to losing positions hoping for a rebound.
Is that what all these idiot brokers did?

"I believe there's only one regulation in life that works: failure!" Rick Santelli

Post #9
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Jan 27, 2015 1:21am Jan 27, 2015 1:21am

azmoeth
| Joined Nov 2014 | Status: hang on there, azmoeth | 3 Comments

not again with Alpari

Story Stats

Posted: Jan 18, 2015 10:02am
Submitted by:
Newsstand

Category: Forex Industry News

Comments: 9 / Views: 6,007