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- 89tick replied Oct 5, 2011
FXCM fined $14.2 million — They have now been fined $14.2 million by CFTC url
- 89tick replied Sep 11, 2011
Both of them seem to be gone already.
- 89tick replied Sep 10, 2011
Does anyone have the original documents referred to? Obviously the links no longer work.
- 89tick replied Aug 23, 2011
How about you spend your money on refunding all the non US customers you ripped off?
- 89tick replied Aug 23, 2011
They certainly arent to be trusted but are any of the others any better? I realise they havnt been caught yet but do you really think they operate honestly when its so easy to rip people off with slippage?
- 89tick replied Aug 18, 2011
This had nothing to do with a technical 'deficiency' or 'mistake' this was a system clearly designed to pocket positive slippage but pass on negative slippage. Brokers have been caught using systems designed to facilitate this in the past eg mt4 ...
- 89tick replied Aug 17, 2011
Jason has dodged this question on every other forum as well. I think it's safe to assume this practice was widespread but for whatever reason they can only be forced to compensate US customers. I wonder how much they made in total from this ...
- 89tick replied Aug 16, 2011
Actually this is the big question, from what Jason has said nobody else will be compensated. Are we to believe that they only did this to US clients or is it just a case of the NFA not being able to force them to refund UK or other clients?
- 89tick replied Aug 15, 2011
Well you do now that you have been forced to. I see you owe clients about $8 million as a result of this case, thats not small change.
- 89tick replied Aug 15, 2011
Go to the CFTC website and you will see other cases against FXCM as well.
- 89tick replied Jan 6, 2011
No Ben Tuckey is a trainer for Baghdady, it was another guy who wasn't paid and left.
- 89tick replied Jan 5, 2011
Yes Ben appeared on a Bloomberg TV ad pretending to be a hedge fund manager, turns out he worked for Baghdady and the hedge fund was totally fake.
- 89tick replied Jan 5, 2011
Mike Baghdady makes no money from trading despite claiming to be a world champion. The attached document was published on the New Turtle Traders facebook page. It is an affadavit for his bankruptcy filing. His only income is from his training ...
- 89tick replied Sep 18, 2010
Anybody who is interested in Spyglass Solutions aka Training Traders should bear in mind the following. The company runs TVs adverts with a guy called Ben claiming to be a Hedge Fund Manager talking about being trained by Mike Baghdady. Ben is in ...
- 89tick replied Jun 2, 2010
Will MT4 let you 'cancel' all your losing trades and only count the winners, because that's how Medbs trades.
- 89tick replied May 31, 2010
Actually he just posted on trade2win that he took those trades knowing they would lose so that the thread would get more attention. Anyone that treats him seriously is a fool, sorry to be blunt. url
- 89tick replied May 19, 2010
The same guy was posting on trade2win as well, same 100% claim and disappeared as soon as those GBPUSD and EURUSD trades went against him. Complete and utter clown, strange thing is that some people tried to defend him saying 'wait until the end of ...
- 89tick replied Mar 19, 2010
It may be more helpful to suggest he reads the guest material on the James16 website. There are hundreds of threads on FF which start out promising great systems only to turn out rubbish after youve spent weeks reading them. At least the guest ...
- 89tick replied Mar 19, 2010
Heres a very good one, theyre not normally as good as this unfortunately.
- 89tick replied Mar 18, 2010
Dont give up on the ES just yet, it has many advantages over forex and PA works just as well even on a 5 minute chart. If youre interested I can post some examples.