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Broker reverses $20K winning trades for alleged latency arbitrage

  • #401
  • Nov 15, 2014 3:05am Nov 15, 2014 3:05am
[quote=Aussi;7873687]
Quoting t4fast
{quote} yehhhhhhhhhhhhh be real all of us need to help professionally pathetic you say shows me your lack of knowledge in these matters , we need to take on the people like forex.com or even you one day will get caught even if you think you are smarter than them , like your not
maybe you want to comment on the tangible help that was delivered for the last 19 pages. ?
How hard is it to understand, that FCA to provide the justice to all parties ? else, Go get it boy.
  • #402
  • Nov 15, 2014 3:07am Nov 15, 2014 3:07am
[quote=t4fast;7873695]
Quoting Aussi
{quote} maybe you want to comment on the tangible help that was delivered for the last 19 pages. ? How hard is it to understand, that FCA to provide the justice to all parties ? else, Go get it boy.
well after reading and your comments give me the feeling you are the broker trying to put is slight on a unforgivable injustice bet I am right
people leave, but this thread will go on for ever
  • #403
  • Nov 15, 2014 3:16am Nov 15, 2014 3:16am
[quote=Aussi;7873699]
Quoting t4fast
{quote} well after reading and your comments give me the feeling you are the broker trying to put is slight on a unforgivable injustice bet I am right
he gave up I new I was right
people leave, but this thread will go on for ever
  • #404
  • Nov 15, 2014 3:23am Nov 15, 2014 3:23am
nope wrong. but why drifting off the topic ?
can't stay focused ?!
  • #405
  • Nov 15, 2014 3:25am Nov 15, 2014 3:25am
[quote=Aussi;7873704]
Quoting Aussi
{quote} he gave up I new I was right
knowing or guessing ?
told ya, totally unprofessional.
  • #406
  • Nov 15, 2014 3:28am Nov 15, 2014 3:28am
Quoting t4fast
nope wrong. but why drifting off the topic ? can't stay focused ?!
topic is set ,you are trying to put a slant on this topic which is not true , getting paid by the broker to try to cheat and lie will not help this topic I see you for what it is
people leave, but this thread will go on for ever
  • #407
  • Nov 15, 2014 3:35am Nov 15, 2014 3:35am
[quote=t4fast;7873712]
Quoting Aussi
{quote} knowing or guessing ? told ya, totally unprofessional.
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people leave, but this thread will go on for ever
  • #408
  • Nov 15, 2014 3:36am Nov 15, 2014 3:36am
people leave, but this thread will go on for ever
  • #409
  • Nov 15, 2014 8:13am Nov 15, 2014 8:13am
I am waiting for FCA to fine Gain Capital some mil $. If there is a price latency, they need to adjust all their customers traded at that time, not just robbed 20k$ from one person because he has big profit. Their sever price is diffrent from bank price 90% of time, so what? Adjust what account they want? Ridiculous joke=)))
  • #410
  • Nov 15, 2014 8:35am Nov 15, 2014 8:35am
Forex.com, adjust your account legally with their term of service, disable your account if it is profitable. This is how we do- katty perry. Do do do do.. This is how we do. The sun rise and go down, but we, Gain Capital never loose! We will destroy your account you stupid customers hahaha.... You little bastard customer dare to make profit? We will make you suffer our Terms of service LOL. Also notice that we always trade against customers.
  • #411
  • Edited 9:46pm Nov 15, 2014 9:07am | Edited 9:46pm
Hey guys, i just come up with a milion dolars slogan for forex.com:
Forex.com- prepare to die, register today to earn 100% bonus and suffer our Terms of services
Disclaimer: all profitable accounts will be disabled immediately, our price is always different from banks but we will adjust all your winning trade to loose
What are you guys waiting for, watching horror movies is totally wasting money, trade with us to dayPs: it is better and make you scream louder than riding roller coaster=))
  • #412
  • Edited 10:29am Nov 15, 2014 10:14am | Edited 10:29am
Quoting Abcxyz77
Forex.com, adjust your account legally with their term of service, disable your account if it is profitable. This is how we do- katty perry. Do do do do.. This is how we do. The sun rise and go down, but we, Gain Capital never loose! We will destroy your account you stupid customers hahaha.... You little bastard customer dare to make profit? We will make you suffer our Terms of service LOL. Also notice that we always trade against customers.





It's true. Bro. I was too stupid to trust forex.com since they are regulated and listed US company. They seems to be honest and fair in US
in their US agreement, they dare not take a penny from their clients account.
But actually they are not honest. This seems to be a common behavior of some US companies. Once out of the regulation, they maliciously add the terms and conditions to unfairly treat their profitable clients.

I was robbed by them this time. The money is not a big problem for me. If they made apology by explaining what happens and canceling all profits and losses. I wold n't say a word. it could happen due to some unexpectations. It would be just a null day. I can choose other broker with better service quality. However, when they made no apology, said "it is fair to you" and took my money away at the meanwhile, I understand they were actually shamelessly mocking at a retail trader "no matter what happens, you should lose". They didn't have any evidence, my trades are consistent with past records. I am an experienced profitable trader. My strategy has been proven a thousand times. How could they say I made profit by relying on their server failure?
besides, they claim they adjust the profit/loss by raw bank data, but so far one month past I didn't receive any detail adjusted trade activity.

I post my experience here to show that a trader's fund is not safe at this broker. I complained to FOS to question whether FOS/FCA would act as fairly as what they claimed to be in FXCM case as follows.

When consumers lose out because of poor conduct it undermines confidence in the integrity of our markets. The FCA will use all the tools at its disposal – supervision, rule-making and enforcement – to ensure that firms do not exploit conflicts of interest or the trust placed in them by their clients.”
Tracey McDermott, the FCA’s director of enforcement and financial crime, said:
“Not only did FXCM UK fail to treat its customers fairly or correctly apply our rules, I am particularly disappointed that it was not transparent in its dealings with the FCA. We expect all firms to put customers at the heart of their business, and we have taken action to ensure clients of FXCM UK will get redress.”

I will let you all know the result after FOS makes a ruling.
  • #413
  • Edited 10:34am Nov 15, 2014 10:22am | Edited 10:34am
Quoting Abcxyz77
Hey guys, i just come up with a milion dolars slogan for forex.com: "Forex.com- prepare to die, register today to earn 100% bonus and suffer our Terms of services" Disclaimer: all profitable accounts will be disabled immediately, our price is always different from banks but we will adjust all your winning trade to loose What are you guys waiting for, watching horror movies is totally wasting money, trade with us to dayPs: it is better and make you scream louder than riding roller coaster=))
I simply put it

externally: "No matter what happens, you should lose." "It is fair for you to lose." "we dislike you always win"

Internally "Our poor service is legally protected. No need to apologize & no way to improve"
  • #414
  • Nov 15, 2014 1:04pm Nov 15, 2014 1:04pm
Quoting Aussi
{quote} topic is set ,you are trying to put a slant on this topic which is not true , getting paid by the broker to try to cheat and lie will not help this topic I see you for what it is
hmmm,,,, I could also say you are paid by a competitor broker, and Fitch quotes with a thumbs up as well. < would that make sense?
Cheap game, isn't it.
  • #415
  • Nov 15, 2014 1:26pm Nov 15, 2014 1:26pm
Quoting t4fast
{quote} hmmm,,,, I could also say you are paid by a competitor broker, and Fitch quotes with a thumbs up as well. < would that make sense? Cheap game, isn't it.
it stills remain the same yunben money was stolen by forex.com that's the fact
people leave, but this thread will go on for ever
  • #416
  • Nov 15, 2014 8:53pm Nov 15, 2014 8:53pm
Quoting t4fast
{quote} hmmm,,,, I could also say you are paid by a competitor broker, and Fitch quotes with a thumbs up as well. < would that make sense? Cheap game, isn't it.
Nope, there are hundred regulated brokers out there, we have no benefit in this thread. I can tell you a ton of good reputation brokers (at least they do not disable profitable accounts and adjust trades, keep severs latency for their advantages): citifx pro,Alpari, Interective Brokers, Oanda, Saxo Bank, Dukascoppy,fxcm,....
  • #417
  • Nov 15, 2014 9:12pm Nov 15, 2014 9:12pm
Quoting Abcxyz77
{quote} Nope, there are hundred regulated brokers out there, we have no benefit in this thread. I can tell you a ton of good reputation brokers (at least they do not disable profitable accounts and adjust trades, keep severs latency for their advantages): citifx pro,Alpari, Interective Brokers, Oanda, Saxo Bank, Dukascoppy,fxcm,....

well said mate it seams forex.com workers also get paid a bonus
people leave, but this thread will go on for ever
  • #418
  • Edited 7:32am Nov 16, 2014 7:19am | Edited 7:32am
Quoting Abcxyz77
{quote} Nope, there are hundred regulated brokers out there, we have no benefit in this thread. I can tell you a ton of good reputation brokers (at least they do not disable profitable accounts and adjust trades, keep severs latency for their advantages): citifx pro,Alpari, Interective Brokers, Oanda, Saxo Bank, Dukascoppy,fxcm,....
ok seriously FXCM ??? shut up please. That brokerage company gets fined very quarter. or you pretend you don't know ? or you missed reading reply number 412 of this thread??
apart from that, i can easily spot some brokers who don't meet Yunben criteria. Yunben ,any comments, where are u heading? Aussi brokerage company or Abcxyz77's ?
  • #419
  • Nov 16, 2014 7:46am Nov 16, 2014 7:46am
Quoting t4fast
{quote} ok seriously FXCM ??? shut up please. That brokerage company gets fined very quarter. or you pretend you don't know ? or you missed reading reply number 412 of this thread?? apart from that, i can easily spot some brokers who don't meet Yunben criteria. Yunben ,any comments, where are u heading? Aussi brokerage company or Abcxyz77's ?
Did you read my comment completely? Yes, fxcm has been fined. But they did not been fined because adjusted customers trades, they did not disable customers account because they make persistent profit. I do not and never recommend anyone here trade with a specific broker, i did listed some names i think they are better, there are alot of good brokers out there. i do warn people to stay away from forex.com and any related companies of Gain Capital!
you are the one who should shut up! How much Gain Capital pay you to bite us? Go back to your boss and tell him to talk to us, if you did not thing wrong there is no reason to be afraid!
  • #420
  • Nov 16, 2014 8:42am Nov 16, 2014 8:42am
Quoting Abcxyz77
{quote} Did you read my comment completely? Yes, fxcm has been fined. But they did not been fined because adjusted customers trades, they did not disable customers account because they make persistent profit. I do not and never recommend anyone here trade with a specific broker, i did listed some names i think they are better, there are alot of good brokers out there. i do warn people to stay away from forex.com and any related companies of Gain Capital! you are the one who should shut up! How much Gain Capital pay you to bite us? Go back to your...
that monkey butt red flash color is not helping to change my mind.
and You want to categorize thieves ?? a classy, small size, cute , ugly ?? huh.
FXCM is better is which way ? getting fines over and over makes it better than others ?
Mentioning FXCM has exposed your inner intentions of pushing ppl from a hole to another.
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