If you made big money today on CHF pairs let us know :)

How many pips have you made, and which broker?
This should be fun for those on the right direction.
Sorry for those in the wrong side, especially if there is no stop or stop slippage.

Made 0 Pips today in CHF. No Position = Position.

I just feel sorry for some of our traders who were caught on the wrong side. I hope they can recover from such a SNB travesty.

Looks like you are looking for stories, hard luck or otherwise, so read this from another forum, straight from someone that is high up in Global Prime broker BTW

Hi guys,

What a hectic night. I was about to go to sleep for the evening and saw one of my CADCHF trades closed for profits with a TP very far away from the market so I thought hmm that's strange and jumped on to the charts. First I freaked out thinking bad tick but then I quickly checked other brokers and saw the same drop on CHF pairs. Checked the news and there it was.. damn SNB.

I quickly jumped in the car and met one of my colleagues at the office until 4am to help the nightdesk look after anyone affected.

From our client side we had a couple of clients that made a bucket load on shorts. One client with a 10k account is withdrawing profits today of ~$150,000 which they made in 5 minutes. Other clients not so lucky with a handful of accounts that are in negative balance and anyone long looking at large losses.

From GP side we have always been super careful giving higher leverage to larger deposits. When we refuse to give higher leverage some of our clients ask "why can't you offer me 1:888 leverage like broker X"? This is why. The account balances that are in negative are required to top up to bring the balance back to zero and last thing we want to do is chase clients for these funds.

Due to us not allowing higher leverage on the larger accounts there was not that many large negative accounts so as a broker we were not affected by the situation. We stayed stable throughout the mayhem and trades were filled by LPs during the drop as can be seen by other posters. While other brokers were freaking out and pulling their pricing we remained steady and pricing continued with clients able to close positions shortly after the drop.

My heart goes out to all the clients out there who have lost money because of this. I can imagine a lot of traders are hanging up their shoes today. A lot of brokers too as we can see from Excel and others that will follow.

From GPs end it's business as usual - if anyone would like to chat on a personal level about this you know where to find me.

Regards,
Jeremy

There must be many. So this person is working for that broker and has many accounts?

Im looking to see how big the profit can be, however in big account usually there is like 20x or 10 x leverage. Just to prepared for this unusual event.

Made 51k with Citifx and 23k with Tickmill. I asked both brokers if they are ok with it and the they are both fine with it and Tickmill has even published a letter about it http://www.tickmill.com/company-news...tility-eurchf/

I feel sorry for all guys losing money on this move. It was written on the wall for weeks now that this move will come.

I have friend made 40k$ from 100 $ in 30 min

I made 68k but only for my broker the next day to only give me 10% of the money so only $6800, I spoke to the broker and he told me the banks are doing that to review all trades.
Has anybody else had the same problem? do you think they can do this?

Could you please elaborate? Why this was known for weeks that it will come?

As for the post, I wasn't on any CHF pairs, but I was short on the swiss index, I freaked out when I saw I was earning ~400 pips, and I closed the trade right there.