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AlumFx - does anyone have any experience with them?

  • Post #1
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  • First Post: Nov 4, 2014 3:32pm Nov 4, 2014 3:32pm
  •  doranhango
  • | Joined Jul 2014 | Status: Member | 11 Posts
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
  • Post #2
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  • Nov 12, 2014 9:38am Nov 12, 2014 9:38am
  •  DitterPD
  • | Joined Apr 2013 | Status: Crazy Werewolf | 123 Posts
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are good (spreads, execution speed), but other than that, usual broker, no problems with withdrawals (however I have withdrawn small sums) and haven't seen any abnormalities or red flags so far..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?
 
 
  • Post #3
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  • Nov 18, 2014 8:30am Nov 18, 2014 8:30am
  •  tomas.v
  • Joined Nov 2014 | Status: Member | 234 Posts
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
 
 
  • Post #4
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  • Nov 24, 2014 10:24am Nov 24, 2014 10:24am
  •  MarioG
  • | Joined Nov 2014 | Status: Member | 8 Posts
Quoting tomas.v
Disliked
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
Ignored
But doesn't FCA guarantee that we as traders can relax a bit?
 
 
  • Post #5
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  • Last Post: Jan 3, 2015 9:23am Jan 3, 2015 9:23am
  •  doranhango
  • | Joined Jul 2014 | Status: Member | 11 Posts
Quoting MarioG
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{quote} But doesn't FCA guarantee that we as traders can relax a bit?
Ignored
It should. Mini-update: don't see anything unusual and withdrawal was made ok.

Quoting DitterPD
Disliked
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?
Ignored
More than few thousand.
 
 
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