Class Action Lawsuit Against FXDD

Class Action Lawsuit Against FXDD - Read Here

Morgan Business Trial Group have announced that they sued FXDD as well. Details of the case are pretty much similar to FXCM’s. In basis of the complaint is the allegedly aggressive and misleading marketing by FXDD as well as that it is in fact a market maker which goes after its clients and doesn’t STP all orders as it claims. The Plaintiff Hugo Cruz has allegedly lost almost $300,000 due to these practices.

All my comments that I have stated for the "Class Action Lawsuits Againt FXCM" thread can all apply to this thread.

Not going to repeat myself.

Does anyone have any further info on this? I will post what I find. I am with FXDD and I am wondering if I will be able to get a cut of the deal somehow.

http://www.forexfactory.com/news.php?do=news&id=281337

RUN DON'T WALK

One by one, the dominoes fall. Good riddance to these crooks and gangsters.

I am not sure.. but sometime I don't like the way they close the PO I put. Last friday i put a PO 300 (for 5 decimal its 300 pips for 4 decimal it was 30 pips)pips from current price of EURUSD it doesn't touch at all the PO but after a minute, my PO was already at SL. I ask them why? it was due to high volatile period and they increase the spread. How can this happened if they said the spread was fix as they claimed.

As far as I know Morgan Business Trial Group sued 10 or more brokers total ''shooting in the dark''


If you ask FXDD they will tell you they are DD, they dont claim to STP all orders, I dont know where you got that info from.

Dont believe in everything you read online, lawyers have to make money too and they always get paid regardless of the outcome, so the more companies they sue the more cash they make, they really dont care who pays, client or ''not/guilty'' broker lets say for example. Lawyers are even worse than brokers, if you have fat wallet you can get away with almost anything, look at Berlusconi he changed law 30 times to avoid jail.