DislikedOk all good, but below is an excerpt from a letter I received from FXDD about this change....Ignored
- | Commercial Member | Joined Jul 2010 | 577 Posts
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Errare humanum est
US broker PFGBest freezes funds after founder's suicide attempt 228 replies
MBT or Pfgbest? 40 replies
how about the broker of Pfgbest? 1 reply
PFGBest - DEMO Server Down for You Too? 7 replies
DislikedOk all good, but below is an excerpt from a letter I received from FXDD about this change....Ignored
DislikedWell if FXDD wants to play games with the CFTC that is their choice. I would venture to guess a letter like that to clients certainly connects the dots. you say 50:1 is the end of the world and your freedom... I say that it will be fine.Ignored
DislikedWould someone be so kind and post a few screenshots of the marktdepth window of PFG Currenex (interested in eur/usd and usd/jpy) ? Their demo is not representing the live-environment (at least i hope it doesn't).Ignored
DislikedThanks for the screenshots.
12 banks only quoting a total of 7m on the offer side in the second usd/jpy screenshot - can that be right?Ignored
DislikedQty : 1.00 = 100,000?
And the number is the amount at that price, not the total from the top to bottom?Ignored
DislikedForex Firm PFGBEST Commends CFTC Final Foreign Exchange Market Rule
Chicago, Aug. 31, 2010 - PFGBEST President Russ Wasendorf, Jr. today affirmed the firm's respect for the Commodity Futures Trading Commission (CFTC) final rules for retail foreign exchange market participants.
"As a firm that has always been registered, we strongly believe that the new rules finalized this week for retail foreign exchange investors help protect the American public and the legitimate, registered, compliant industry purveyors of foreign exchange products...Ignored
Why should all of us who apply proper money management have to be penalized because other Forex traders lose all their money? Are the brokerages stealing it? NO, the trader just doesn’t know what they are doing.
Sure all brokerages should be registered, licensed, watched, etc., etc… But did rules stop Enron from destroying people lives? Nope. Did it stop Bernie Madoff from screwing people out of a lot of money? Nope. Did it stop MCI from losing peoples investments after their bogus accounting entries imploded the company? Nope! Weren’t they all being watch and regulated too? YES.
Just give me my rights back to trade as I see fit and I’ll be happy to use a US brokerage. Hey I might even use PFG if I like what I see.
DislikedPFGBest FX,
In one of earlier posts You told that to trade Forex you would choose Ninja or other PFG platfor instead of Trade Navigator. Please explain what are the differences against Navigator. Thanks
driukasIgnored
DislikedHello PFGBest,
Can you provide the pros and cons for these two platforms if one was the use one of them for Forex trading. They are your Best Direct 8, and Currenex platforms. I beleive everyone has a handle on the MT4 platform.
Additionally, can a spot Forex pair be traded within the DOM panel of the Best Direct 8 plat.?
Thanks,
JDIgnored