Your broker email daily balance statement?

I like my broker a lot, but they dont send a daily statement which is really annoying. Such an easy thing to implement. All the funds in my trading desk could disappear to $0.06 overnight and I have no proof sent from them what my daily balance was. I find it outrageous actually for a fiscally centred company.

Also that old anti money laundering rule, which mandates you can only withdraw from the source you deposited. I have had zero problems withdrawing. BUT in their statement they have erroneous sources of my deposits. Even my credit card shows the wrong bank. effing stupid.

I am yet to pull out a large chunk, have been maintaining my balance for leverage. But if paypal start playing "hold and review" games when I pull out 100k Im gonna lose my shit.

Also the way credit cards are paid is through "refunds" this alone seems dodgy to me, I havent paid for a product or service, I am not refunding anything, this is batshit crazy.

why would you fund your account with credit card? you should always use TT

credit cards, paypal and all those card transfer; are only viable for small account size

all MT4 brokers sends daily statements and monthly statements

you should contact your broker and request these info

I used credit card for my original seed capital 2 years ago. Frankly Im almost certain if I withdrew a large chunk, not the small living expenses I have been withdrawing, there will be some sort of red flag at the cc company. But I think they will just do a TT if theres an issue.

With regard to statements, I dont use the offered MT4 for my own reasons. I use cTrader and believe me, I have been contacting them. It works for a day then stops and this has been a pattern 3 times. Theres never been a balance problem, but one really needs portable acknowledgements from an authority email, a brokers statement. Its like they just turn it on to shut me up, then shut it off again, software runs until its changed.

Im gonna drop them if this continues, I have been long patient.

which broker do you trade in ?

they contacted me tonight explaining I need a ctrader ID which is the first time I have heard of it. Now Im wading through a sea of bullshit trying to find information about that. cunts, my broker is a cunt

You seem very angry and are worrying about what MIGHT happen when you withdraw a large amount.

I don't mean to be cheeky but are you like this in all areas of your life?

Once you find a broker you trust, it really doesn't pay to be constantly worried about them diddling you (or Paypal for that matter). It will just make you focus on the wrong thing. A decent broker wants you to do well and trade forever because the more you trade, the more money they make, from commission and/or spreads.

Keep only the minimum funds you require in their account, withdraw regularly, keep transaction costs to a minimum and then you can relax and concentrate on your trading!

All the best

TS

Not that it would matter to anyone, but the support chick was sharp and they finally seemed to have fixed my broker statements problem. So closure for everyone lol thanks for taking an interest.

Great stuff, I love a happy ending!

i would rather have a phone text message as I dont even look at my email anyways, and i also got 10+ emails.

TT?

TT is telex transfer?

TT is telegraphic transfer. aka Bank Transfer