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Attachments: Broker reverses $20K winning trades for alleged latency arbitrage
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Broker reverses $20K winning trades for alleged latency arbitrage

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  • Post #481
  • Quote
  • Dec 20, 2014 2:37am Dec 20, 2014 2:37am
  •  Aussi
  • Joined Sep 2013 | Status: Member | 15,872 Posts
merry xmas to you yuben and your good followers of this thread justice is important to us all god bless
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
 
 
  • Post #482
  • Quote
  • Dec 20, 2014 9:51pm Dec 20, 2014 9:51pm
  •  Abcxyz77
  • | Membership Revoked | Joined May 2014 | 120 Posts
Quoting yunben
Disliked
{quote} Thanks. FOS is tooooooooo slow still now result so far.
Ignored
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!
 
 
  • Post #483
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  • Dec 21, 2014 3:36am Dec 21, 2014 3:36am
  •  Aussi
  • Joined Sep 2013 | Status: Member | 15,872 Posts
Quoting Abcxyz77
Disliked
{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!
Ignored
It seems what you say is true
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
 
 
  • Post #484
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  • Dec 24, 2014 5:22am Dec 24, 2014 5:22am
  •  Aussi
  • Joined Sep 2013 | Status: Member | 15,872 Posts
http://www.forexfactory.com/news.php...96#post7961071
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
 
 
  • Post #485
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  • Dec 24, 2014 3:18pm Dec 24, 2014 3:18pm
  •  Forexia
  • Joined Jun 2010 | Status: Member | 3,896 Posts
Quoting Abcxyz77
Disliked
{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!
Ignored
Correction: It's NOT $20K, It's 200K!!
Make your losses in demo. Earn your profits live.
 
 
  • Post #486
  • Quote
  • Dec 29, 2014 2:51pm Dec 29, 2014 2:51pm
  •  Aussi
  • Joined Sep 2013 | Status: Member | 15,872 Posts
I see forex.com still putting news on ff
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
 
 
  • Post #487
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  • Jan 1, 2015 10:26am Jan 1, 2015 10:26am
  •  usmanumar082
  • | Joined Apr 2011 | Status: Member | 72 Posts | Online Now
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.
 
 
  • Post #488
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  • Jan 1, 2015 2:58pm Jan 1, 2015 2:58pm
  •  Rtm
  • Joined Jan 2011 | Status: dump and pump | 4,055 Posts
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
 
 
  • Post #489
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  • Jan 2, 2015 4:45pm Jan 2, 2015 4:45pm
  •  Mitbrad
  • | Additional Username | Joined Jun 2014 | 51 Posts
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.
 
 
  • Post #490
  • Quote
  • Jan 5, 2015 8:17pm Jan 5, 2015 8:17pm
  •  Aussi
  • Joined Sep 2013 | Status: Member | 15,872 Posts
no matter what hoping for a good outcome
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
 
 
  • Post #491
  • Quote
  • Jan 5, 2015 9:54pm Jan 5, 2015 9:54pm
  •  Matts Micro
  • Joined Aug 2011 | Status: Member | 4,586 Posts
Quoting yunben
Disliked
{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.
Ignored
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
 
 
  • Post #492
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  • Jan 7, 2015 12:14am Jan 7, 2015 12:14am
  •  Aussi
  • Joined Sep 2013 | Status: Member | 15,872 Posts
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
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
 
 
  • Post #493
  • Quote
  • Jan 11, 2015 2:06am Jan 11, 2015 2:06am
  •  Aussi
  • Joined Sep 2013 | Status: Member | 15,872 Posts
we need a update
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
 
 
  • Post #494
  • Quote
  • Jan 12, 2015 4:35am Jan 12, 2015 4:35am
  •  High.Five
  • | Joined Dec 2011 | Status: Member | 101 Posts
Quoting Aussi
Disliked
we need a update
Ignored
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.
 
 
  • Post #495
  • Quote
  • Jan 12, 2015 2:12pm Jan 12, 2015 2:12pm
  •  Aussi
  • Joined Sep 2013 | Status: Member | 15,872 Posts
[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
ONE MUST LEARN, DO IT AND IT WILL BE KIND TO YOU
 
 
  • Post #496
  • Quote
  • Jan 12, 2015 4:40pm Jan 12, 2015 4:40pm
  •  jagui
  • | Joined Jul 2006 | Status: Member | 281 Posts
So there are still people trading with market maker brokers?
Can't believe it.
 
 
  • Post #497
  • Quote
  • Jan 13, 2015 3:36pm Jan 13, 2015 3:36pm
  •  mike1349
  • | Joined Apr 2007 | Status: Member | 1,000 Posts
Quoting jagui
Disliked
So there are still people trading with market maker brokers? Can't believe it.
Ignored
Who do you trade with?
Failure, is a wonderful teacher!
 
 
  • Post #498
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  • Jan 13, 2015 7:13pm Jan 13, 2015 7:13pm
  •  jagui
  • | Joined Jul 2006 | Status: Member | 281 Posts
Quoting mike1349
Disliked
{quote} Who do you trade with?
Ignored
Mainly Interactive Brokers.
 
 
  • Post #499
  • Quote
  • Jan 14, 2015 9:39pm Jan 14, 2015 9:39pm
  •  yunben
  • | Commercial Member | Joined Jul 2012 | 160 Posts
Quoting Aussi
Disliked
we need a update
Ignored
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.
 
 
  • Post #500
  • Quote
  • Jan 14, 2015 10:10pm Jan 14, 2015 10:10pm
  •  Forexia
  • Joined Jun 2010 | Status: Member | 3,896 Posts
Quoting yunben
Disliked
{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.
Ignored
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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