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-   -   AlumFx - does anyone have any experience with them? (https://www.forexfactory.com/showthread.php?t=511816)

doranhango Nov 4, 2014 3:32pm | Post# 1

AlumFx - does anyone have any experience with them?
 
I have opened an account with them a month ago using their promo (trading without commissions). I have traded EURUSD with the spread below 0.6 and my EA was/is crazy scalping with such conditions. I've made really decent profit and multiplied my initial depo, but now I'm a little worried about withdrawal..
Can anyone give their input/advice on:
- If someone had an experience with them, especially withdrawing money: how fast it is and are there any problems?
- Do they practice nullifying/not crediting profitable trades after the fact, as we seen with this guy who "lost" 19k recently in other thread?
- Or any other information regarding interfering with profitable trades/clients?

They are FCA broker and I understand what to expect, but recent posts and unusually good trades made we worry and suspicious.

Looking forward to hear what you think guys

DitterPD Nov 12, 2014 9:38am | Post# 2

well, I trade with them, trading conditions are good (spreads, execution speed), but other than that, usual broker, no problems with withdrawals (however I have withdrawn small sums) and haven't seen any abnormalities or red flags so far..

What amount are you going to withdraw?

tomas.v Nov 18, 2014 8:30am | Post# 3

This broker is regulated by FCA, but it is owned by Russian capital, they are quite small, I don't know if they behave in correct way

MarioG Nov 24, 2014 10:24am | Post# 4

This broker is regulated by FCA, but it is owned by Russian capital, they are quite small, I don't know if they behave in correct way
But doesn't FCA guarantee that we as traders can relax a bit?

doranhango Jan 3, 2015 9:23am | Post# 5

{quote} But doesn't FCA guarantee that we as traders can relax a bit?
It should. Mini-update: don't see anything unusual and withdrawal was made ok.

well, I trade with them, trading conditions are good (spreads, execution speed), but other than that, usual broker, no problems with withdrawals (however I have withdrawn small sums) and haven't seen any abnormalities or red flags so far.. What amount are you going to withdraw?
More than few thousand.


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