FX International Markets Ltd - New Currenex, HotSpot Broker

New Currenex, HotSpot offering from FX International Markets http://www.fxim-markets.com .

Funds deposited with ABN Amro (Clearing and Prime Broker).

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From: http://www.fxim-markets.com/faq/#60

What should I do in case of internet connection loss?
There is an EMERGENCY LINE. FXIM is ready to help at any open market time. FXIM emergency line: __________________.
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Is phone trading availabe in case of emergency?
Yes, it is possible to trade using the phone by calling ____________________.
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Which number should I call if I would like to use the phone brokerage service?
You should call ___________________.


That's reassuring.

Simply call the main number +1-866-571-5550. That´s certainly reassuring as these spreads are:

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Bermuda.. there are firms in London who do the same, but onshore.

UK is an island too

Just kidding. Sure there's absolutely no reason to risk our money in exotic islands while you can get the same but safiest things "onshore" with reputable companies.

Why don´t you ask companies like FXCM Markets Limited why they are located offshore? Company number 46454 Bermuda Company Register: FXCM Markets Limited: https://www.roc.gov.bm/roc/rocweb.ns...blic+companies

Margin foreign exchange broker targets traders outside of US, Canada, UK, France, Germany, Australia and Japan
US margin forex broker FXCM has launched an offshore platform called FXCM Markets (www.fxcmmarkets.com), which targets traders from unregulated markets.
The broker said in a statement on April 25 that its various entities have defined legal limits on features such as margin and order execution logic, to operate in certain markets. Consequently, over time, FXCM's websites have become focused to cater to a specific region, for example www.fxcm.com (FXCM LLC) targets US residents, whereas www.fxcm.co.uk (FXCM LTD) targets UK and Ireland.
"FXCM Markets [however] is a separate, unregulated entity from all other FXCM entities, yet still a part of FXCM Holdings. By not being a regulated entity, FXCM Markets offers strategic advantages to both the company and account holder," the broker said.

http://www.fxweek.com/fx-week/news/2...d-fxcm-markets

I think FX INternational Markets is in very good neighborhood

The difference is, everyone knows who FXCM is, and their financial potency. Noone knows who FXIM is. I don't want to be an unsecured creditor of a bermudan llc, about which i know nothing about except that they are located in what appears to be a virtual office location with a whole lot of PO-boxes. No thanks, but suit yourself.

That's exactly the point.

FXIM website looks exactly like gim-fx.com Cut/Paste .... always use a reputable licensed broker....where is this FXIM regulated???