Fellow Traders:
I am concerned that the account that I just opened and FUNDED with FXClub is not safe, or may not be available when I say. I Opened this account because the FX Club is a Sponsor on this ForexFacory site. See add in top right corner of home page, ie: $100 ...
I read only a few miunutes ago the below article posted and Forex Club Financial may be on the list of Broker Dealers that are not financially sound enough to meet new requirements. See story Below...
Please advise ?
Is this the same company ? I am considering ( trying ) to close the account at the first Possible opportunity.
NFA announces forex dealers going out of business!
by Ryan Teeples
Wow! The NFA has just announced that four of its Forex Dealer Members (FDMs) will cease operations because of the new capital requirement that started December 21.
The NFA has yet to report which institutions are closing their doors, but this is certain to send some ripples through the market grapevine next week.
Now don't get all alarmed yet, but if you're with a dealer that was on the list we posted about earlier (http://www.pfxglobal.com/index.php?o...459&Itemid=116), you might want to give them a call and do some due dilligence.
I am concerned that the account that I just opened and FUNDED with FXClub is not safe, or may not be available when I say. I Opened this account because the FX Club is a Sponsor on this ForexFacory site. See add in top right corner of home page, ie: $100 ...
I read only a few miunutes ago the below article posted and Forex Club Financial may be on the list of Broker Dealers that are not financially sound enough to meet new requirements. See story Below...
Please advise ?
Is this the same company ? I am considering ( trying ) to close the account at the first Possible opportunity.
NFA announces forex dealers going out of business!
by Ryan Teeples
Wow! The NFA has just announced that four of its Forex Dealer Members (FDMs) will cease operations because of the new capital requirement that started December 21.
The NFA has yet to report which institutions are closing their doors, but this is certain to send some ripples through the market grapevine next week.
Now don't get all alarmed yet, but if you're with a dealer that was on the list we posted about earlier (http://www.pfxglobal.com/index.php?o...459&Itemid=116), you might want to give them a call and do some due dilligence.