Broker reverses $20K winning trades for alleged latency arbitrage | Page 25 | Forex Factory

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Broker reverses $20K winning trades for alleged latency arbitrage

  • #481
  • Dec 20, 2014 1:37am Dec 20, 2014 1:37am
merry xmas to you yuben and your good followers of this thread justice is important to us all god bless
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  • #482
  • Dec 20, 2014 8:51pm Dec 20, 2014 8:51pm
Quoting yunben
{quote} Thanks. FOS is tooooooooo slow still now result so far.
You Shouldn't wait any longer, just take it to the court, It's $20k man, at least you need to revenge and tell the world to stay away from them. I believe FOS don't care about us!
  • #483
  • Dec 21, 2014 2:36am Dec 21, 2014 2:36am
Quoting Abcxyz77
{quote} You Shouldn't wait any longer, just take it to the court, It's $20k man, at least you need to revenge and tell the world to stay away from them. I believe FOS don't care about us!
It seems what you say is true
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  • #484
  • Dec 24, 2014 4:22am Dec 24, 2014 4:22am
http://www.forexfactory.com/news.php...96#post7961071
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  • #485
  • Dec 24, 2014 2:18pm Dec 24, 2014 2:18pm
Quoting Abcxyz77
{quote} You Shouldn't wait any longer, just take it to the court, It's $20k man, at least you need to revenge and tell the world to stay away from them. I believe FOS don't care about us!
Correction: It's NOT $20K, It's 200K!!
Make your losses in demo. Earn your profits live.
  • #486
  • Dec 29, 2014 1:51pm Dec 29, 2014 1:51pm
I see forex.com still putting news on ff
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  • #487
  • Jan 1, 2015 9:26am Jan 1, 2015 9:26am
Sorry about that Yunden, the only way I can help is to share this to the world. And I've started with them (forex.com). The world most know about this.
  • #488
  • Jan 1, 2015 1:58pm Jan 1, 2015 1:58pm
There are SO MANY better brokers out there than forex.com! why would you choose this broker of all the better possibilities out there
All posts are my personal opinion
  • #489
  • Jan 2, 2015 3:45pm Jan 2, 2015 3:45pm
Looks bad no matter how you look. If a broker is serious then client should never be able to arb. In general if the price is there then broker should be responsible for it.
  • #490
  • Jan 5, 2015 7:17pm Jan 5, 2015 7:17pm
no matter what hoping for a good outcome
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  • #491
  • Jan 5, 2015 8:54pm Jan 5, 2015 8:54pm
Quoting yunben
{quote} To be frank, I use copy trade in this account. I trade in other account and this account will copy my trade. I noticed my other account is making money. but this account is still losing. I do add more size to trade in this account. But it basically follows my strategy as the market condition gives overall buy signal . No matter what happens I will trade like that at that time.
This is the answer 100%. If a copy of the same trades on another broker at the same time can be produced and they are within a profitable strategy then all accusations of benefiting from an arbitrage strategy are nullified. Case closed.

(Except if there is unusual lot size deviation which may indicate there is knowledge of price difference).
As the lights go by so too do the shadows move
  • #492
  • Jan 6, 2015 11:14pm Jan 6, 2015 11:14pm
again forex.com comes to news section and post there can you guys and gals when they do post a message on that news which can help please
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  • #493
  • Jan 11, 2015 1:06am Jan 11, 2015 1:06am
we need a update
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  • #494
  • Jan 12, 2015 3:35am Jan 12, 2015 3:35am
Quoting Aussi
we need a update
If the case is now in the hands of the FOS, then it wouldn't be wise for either party to further comment on this matter until a decision has been reached.
  • #495
  • Jan 12, 2015 1:12pm Jan 12, 2015 1:12pm
[quote=High.Five;7986590]{quote} If the case is now in the hands of the FOS, then it wouldn't be wise for either party to further comment on this matter until a decision has been reached.

this thread will keep going
people leave, but this thread will go on for ever
  • #496
  • Jan 12, 2015 3:40pm Jan 12, 2015 3:40pm
So there are still people trading with market maker brokers?
Can't believe it.
  • #497
  • Jan 13, 2015 2:36pm Jan 13, 2015 2:36pm
Quoting jagui
So there are still people trading with market maker brokers? Can't believe it.
Who do you trade with?
Failure, is a wonderful teacher!
  • #498
  • Jan 13, 2015 6:13pm Jan 13, 2015 6:13pm
Quoting mike1349
{quote} Who do you trade with?
Mainly Interactive Brokers.
  • #499
  • Jan 14, 2015 8:39pm Jan 14, 2015 8:39pm
Quoting Aussi
we need a update
So far I didn't get any update from FOS yet. I have to wait.
I hate all forex brokers. They all are theives. but I have to stay with them.
  • #500
  • Jan 14, 2015 9:10pm Jan 14, 2015 9:10pm
Quoting yunben
{quote} So far I didn't get any update from FOS yet. I have to wait. I hate all forex brokers. They all are theives. but I have to stay with them.
Next time trade with an ECN broker. They are a little bit better. Did FOS give you a timeline as to when they will render a decision? They cannot make you wait forever. I don't about the laws of your country but in most of the countries, there is a what's called a Statue of Limitation, which is how long since the wrongdoings happened that you can file a lawsuit against the other party. So if they take too long to give you a decision and that decision is not to your favour, you might lose your chance to take Forex.com to court due to this Statue of Limitation. If I were you, I would consult with my lawyer to find out 1) this Statue of Limitation and 2) FOS timeline

Good Luck! Remember we are all behind you and cheering for you!
Make your losses in demo. Earn your profits live.
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