FXLQ

I don't know.

Yes; they are very slick. The NFA/CFTC should be really trying to stop such behavior rather than wasting so much time regulating IB's and others.

All I can say is "karma" Robert Gray has done this to himself. He tries to steal from everyone, from the little mini-account trader to his IB's and their businesses. He tries to encourage IB's to become partners with him, then in the end tries to shaft them.
It is interesting that the name of this company is "Forex LIQUIDITY" but the recent finding from NFA on Dec 4, 2007 reports that they could not meet many requirements and that they have mislead clients falsely.
You should know that Robert Gray does all the trading himself, against his clients. If he needs money you can tell, becuase spreads get wide and unpredectiable.
As for withdrawals, forget about it. Customer service, forget about it. He tries to send his wolves in "sheeps clothing" to appeal to the public, Brian McMahon being at the to of the list, his VP.
They did their best by trying to fool the NFA by hiring previous NFA attorneys. WEll it did not work, you can chalk this one up to Karma Mr. Gray.

Why do these guys try to be such scammers? Try to run an honest business and you will prosper. When you try to look too pretty in your California penthouse it gets costly and makes you do the wrong thing.

Anyway, don't take my word for it, read the NFA finding yourself. Another FCM is down.

get your money and get out if you can.

And with 36M in operating capital too....

and we thought they was a ok broker, boy im glad i didn't put no money with them.

same for me, I was thinking of opening with them, but fortunately some good guy here has stopped me

I wonder what happens now to IBFX. Many insiders I know have always claimed that FXLQ was clearing all of IBFX's business.

here's your answer http://www.forexfactory.com/showthre...00#post1748100

IBFX may shave past this FXLQ ordeal but remember every time you trade at IBFX you will essentially be padding Robert grays pocket even if he go’s to jail he will still benefit from their relationship ..