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  • #6,761
  • Jan 27, 2015 2:50pm Jan 27, 2015 2:50pm
Quoting Magix
{quote} Give yourself a pat on the back, wilbur... Ya figured out how to use the automatic quote feature of FF. Go have yourself a cookie. You've earned it!

apparently, you will never admit you made a mistake and will keep spewing nonsense so let's stop spamming the thread with off topic discussion. Hopefully, in the future, we will have more constructive conversations. Have a nice day!
  • #6,762
  • Jan 27, 2015 3:18pm Jan 27, 2015 3:18pm
Quoting Magix
{quote} Jason, Appreciating the time on the replies, please don't feel it necessary to respond to any of my posts here at FF. I am not a FXCM customer, nor had I planned on migrating over funds to your company. In these times, I am sure that your actual customers would appreciate their concerns addressed, prior to other ambiguous questions.
Why are you posting in the FXCM thread?
It seems that you have nothing constructive to add for someone who has 10,000 posts.
  • #6,763
  • Jan 27, 2015 4:10pm Jan 27, 2015 4:10pm
http://forexmagnates.com/fxcm-inc-un...ient-funds-25/

"While there are reports that some clients are getting their negative balances cleared by FXCM’s team, this comes as no surprise in light of the company’s official position that it will be treating negative balance issues on a case by case basis.”

Well clearly it has not been the case since all the retail clients in France have been confirmed their negative balances to be reset to zero. I believe it is the same for German customers.

FXCM has no official position on such matter and doesn't work on a case by case basis.

The absence of official communication can only be explained by the risk to see both US and UK based clients disputing a difference of treatment based on clients location, which clearly looks like Unfair Business practices.

Regarding the validity of the Force Majeure, the chances of FXCM on this matter are very slim and one should always consider what falls under mere propaganda or legal rights.
  • #6,764
  • Jan 27, 2015 4:15pm Jan 27, 2015 4:15pm
Quoting mitch77
{quote} Why are you posting in the FXCM thread? It seems that you have nothing constructive to add for someone who has 10,000 posts.
How do you think I hit over 10k posts without contributing worthless bullshit like the rest of you?

Read through my posts, if you have an actual inquiry, get back to me...

Otherwise, I would suggest you and wilbur get familiar with the Ignore feature of FF.

Have a nice day, unless you planed otherwise.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #6,765
  • Jan 27, 2015 4:20pm Jan 27, 2015 4:20pm
Quoting mitch77
Why are you posting
Quoting william17
you will never admit you made a mistake
Kinda reminds me that old joke with wrestling with pig in the mud. You guys have lost and havent even started .
Wonder if I should do a quick scan of Mitchs worthy contributions. But I think I skip it.
"I know one thing, that I know nothing." Sokrates
  • #6,766
  • Jan 27, 2015 4:37pm Jan 27, 2015 4:37pm
@Tom_D_Trader, do you even know how our little verbal exchange with @Magix started or you too are just one of those"facts be damned" dudes. It's getting really pathetic around here. If @magix and you do not want to have a respectable conversation but keep name calling, let's just wish each other "good day" and move on. If you want to talk, let's talk with facts and straightforward questions and answers so we can actually see how "worthy" your contributions are.
  • #6,767
  • Jan 27, 2015 4:54pm Jan 27, 2015 4:54pm
Quoting Magix
{quote} How do you think I hit over 10k posts without contributing worthless bullshit like the rest of you? Read through my posts, if you have an actual inquiry, get back to me... Otherwise, I would suggest you and wilbur get familiar with the Ignore feature of FF. Have a nice day, unless you planed otherwise.
Gosh!!! Every time I see this magix guy posting I move to another thread.

It is him and gatorinla

On top of the fact their post have no substance, he comes to a thread and posts every second.

It is like radioactivity, does not bring any good and spreads like crazy......

I'm out of here!
So, you think you have rights? LOL
  • #6,768
  • Jan 27, 2015 5:06pm Jan 27, 2015 5:06pm
Quoting ForexOracle
I'm out of here!
I'm sure your value here will be greatly missed.

Well, probably not..but, well...whatever.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #6,769
  • Jan 27, 2015 5:14pm Jan 27, 2015 5:14pm
Quoting william17
@Tom_D_Trader, do you even know how our little verbal exchange with @Magix started or you too are just one of those"facts be damned" dudes.
Yep, facts to be damned, am just having fun, because I know you discuss nonscence without reading it. Am actually seer. I like arguing with Magix and know he always has a point, though exagerrates heavily . Is fun and gotta sit in front of computer nurturing my trades. I was just warning you it is a lost battle .
"I know one thing, that I know nothing." Sokrates
  • #6,770
  • Jan 27, 2015 5:35pm Jan 27, 2015 5:35pm
Quoting KeyframeHR
{quote} I got their email on Thursday I believe with MMR sheet where it basically said it will all standardize at 50:1 at Friday's close. And so it was. I didn't receive anything regarding this thing, and it's 36 minutes past 5pm EST in US and everything is still the same for me with JPY, AUD, and the rest (FXCMUK), so I guess we're good. For now. Really wanted to give them a chance (and still will do), but market is tough as it is and I don't need my broker against me as well. It's both annoying and a challenge lol. Also, those sub 1 pip spreads?...
Hi KeyframeHR,

The recent increase in margin requirements for AUD and JPY to 3% was ordered by the NFA, so it only applies to US accounts. You can view the current requirements for your FXCM UK account here: http://bit.ly/1yI9mDg

Quoting KeyframeHR
Also, those sub 1 pip spreads? Never saw them. Ever.
Which pairs are you trading and when? Our average spreads on the majors are all below 1 pip, which you can confirm on Forex Factory's live spread table: http://www.forexfactory.com/brokers.php#spreads
  • #6,771
  • Jan 27, 2015 5:53pm Jan 27, 2015 5:53pm
Which pairs are you trading and when? Our average spreads on the majors are all below 1 pip, which you can confirm on Forex Factory's live spread table: http://www.forexfactory.com/brokers.php#spreads[/quote]

Jason still getting the old spreads 24hrs on major currencies ??
Attached Image
GBP/USD
  • #6,772
  • Jan 27, 2015 6:09pm Jan 27, 2015 6:09pm
Quoting deepak925
Which pairs are you trading and when? Our average spreads on the majors are all below 1 pip, which you can confirm on Forex Factory's live spread table: http://www.forexfactory.com/brokers.php#spreads
Jason still getting the old spreads 24hrs on major currencies ?? {image}[/quote]

Hi Deepak,

It's possible your account is still on our old pricing where a fixed markup is included in the spread, but there's no separate commission. Our new pricing has FX spreads with no markup, but a separate commission is charged. Please send me a private message with your account details and I can confirm the settings on it for you.
  • #6,773
  • Jan 27, 2015 6:16pm Jan 27, 2015 6:16pm
Quoting calstar
If the dam Euro was the currency that caused this flipping problem why weren't the margin requirements on that pair increased???? WHY the YEN and AUSSIE???
Hi Calstar,

The increase in margin requirements on JPY and AUD to 3% was ordered by the NFA for all US accounts as follows: https://www.nfa.futures.org/news/new...ArticleID=4534
  • #6,774
  • Jan 27, 2015 6:28pm Jan 27, 2015 6:28pm
Quoting KeyframeHR
{quote} I got their email on Thursday I believe with MMR sheet where it basically said it will all standardize at 50:1 at Friday's close. And so it was. I didn't receive anything regarding this thing, and it's 36 minutes past 5pm EST in US and everything is still the same for me with JPY, AUD, and the rest (FXCMUK), so I guess we're good. For now. Really wanted to give them a chance (and still will do), but market is tough as it is and I don't need my broker against me as well. It's both annoying and a challenge lol.
Quoting Dafonz
FXCM AU leaves me little choice but to switch over to another broker as their 50:1 is below par when compared the available competitors. However if they had gone to 100:1, I would have seriously considered sticking around as this is my actual preference.
Quoting Digitalis
{quote} Yes that was the fx & gold email I think. Nothing about any other instruments - if you have something that does mention others (indices) I'd really appreciate a PM.
Quoting redpants
I am in Australia I put in a withdrawal request on the Friday and my funds were returned the following week. The Sydney office and Terry Panigiris have been excellent and emailed me some info for Australian clients hope this helps hopefully the current 50-1 will be increased soon !
Hi everyone,

The emails we sent you with information on your new margin requirements mentioned that this increase in margin may be temporary depending upon market conditions. I'll let you know more information as I receive it in terms of if/when margin may be lowered.
  • #6,775
  • Jan 27, 2015 6:45pm Jan 27, 2015 6:45pm
Quoting Jjf38
Same account ,same date , different margins on MT4 and TS2 Am I missing something here ? {image} {image}
Hi Jjf38,

You mentioned that you're looking at the same account on the same date, however, it's worth noting that margin requirements were recently increased. It's possible, the margin you see on one platform is from before the update, and the margin on the other platform is from after the update. Please log out and log back into both platforms to make sure you're viewing the latest margin information. If you still see a difference, please send me a private message with your account details, so I can investigate for you.

Thanks,
Jason
  • #6,776
  • Jan 27, 2015 6:51pm Jan 27, 2015 6:51pm
Quoting Jason Rogers
{quote} Hi Jjf38, You mentioned that you're looking at the same account on the same date, however, it's worth noting that margin requirements were recently increased. It's possible, the margin you see on one platform is from before the update, and the margin on the other platform is from after the update. Please log out and log back into both platforms to make sure you're viewing the latest margin information. If you still see a difference, please send me a private message with your account details, so I can investigate for you. Thanks, Jason

So, theoretically speaking, if he doesn't log out and log back in, he keeps the old margin on that platform?

Seems to me, he might want to do the exact opposite of what you suggest.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #6,777
  • Jan 27, 2015 7:31pm Jan 27, 2015 7:31pm
Quoting Magix
{quote} So, theoretically speaking, if he doesn't log out and log back in, he keeps the old margin on that platform? Seems to me, he might want to do the exact opposite of what you suggest.
Magix - You're a very bitter person.

In a previous post you said if people take what you say personally then that is their problem, not yours. Given the number of people that you are offending I'm starting to think that it might actually be your problem.

I know you're a trading legend and we should all be hanging on every word you say, but it's very difficult given you haven't had anything positive to say in this thread. It seems your only goal is to cut everyone down.

You're not much fun to be around...has anybody ever told you that?
  • #6,778
  • Jan 27, 2015 7:36pm Jan 27, 2015 7:36pm
Quoting Jason Rogers
{quote} Hi KeyframeHR, The recent increase in margin requirements for AUD and JPY to 3% was ordered by the NFA, so it only applies to US accounts. You can view the current requirements for your FXCM UK account here: http://bit.ly/1yI9mDg {quote} Which pairs are you trading and when? Our average spreads on the majors are all below 1 pip, which you can confirm on Forex Factory's live spread table: http://www.forexfactory.com/brokers.php#spreads
Thanks Jasno(s) for reply. I really don't want to be regulated by US rules since I am not a US citizen, not in US, not with fxcm US. It's not really about margin requirements - it's more about let me be the one who chooses.

As for pip spreads, through all pairs I see from 1.2 to 3 (sans volatile and stagnant periods). Judging from the other reply you have hete, I think I might be stuck on old acc. type since I started on micro account few years back and most likely stayed on it even if it was abandoned by fxcm. It seems I don't even pay commissions, just spread. Honestly, I don't even care about it since I'm not scalping and if it makes you guys earn some change, why not. Also, I wouldn't like to lose ability to trade as low as 1k increments.

One thing I would miss the mlst if I ditch FXCM,and thos might sound very odd, is actually Trading Station. I really really like it both on desktop and on android tablet. Web one could use some work though. But even web one is better than other crapware out there. I've demoed that cTrader web on FxPro, what a horrible experience. Charts are barely visible, cant unlock vertical autofit, everything you click regarding positioning is done without ok-ing first. Terrible.

If 50:1 is as low as fxcm goes and no further surprises, I am staying for sure.

PS
Didn't have a stroke, just typing on tablet with fat fingers. Sorry.
  • #6,779
  • Jan 27, 2015 10:00pm Jan 27, 2015 10:00pm
Quoting jimmyl
{quote} Magix - You're a very bitter person. In a previous post you said if people take what you say personally then that is their problem, not yours. Given the number of people that you are offending I'm starting to think that it might actually be your problem. I know you're a trading legend and we should all be hanging on every word you say, but it's very difficult given you haven't had anything positive to say in this thread. It seems your only goal is to cut everyone down. You're not much fun to be around...has anybody ever told you that?
Jimmy,

An 8 year lurker and you've committed your first post to me?

I'm Honored!



That being said, I think your perception is more based on a couple of posts than the entirety of my message. Thing is, I too have been a member of the factory for a while and lets just say, a little more active in the community. I used to be all sunshine and rainbows, thinking that'd be an easier way to get information and learn a lot more about this industry.

Dead Wrong!

Ya see, Jim...and if you read through the last several pages of this thread alone, since the Black Swan, you will start to gain a sense of what I mean. There is a lot of ignorance here at the factory and it breeds further confusion.

Having spent an awful lot of time working with others, some who I have gained great knowledge from and others I had hoped to pass some on to, I gained a sense that others were happy in the ignorant fog, much more so than just hearing Cold, Hard Facts.

Well Jim, it's like this...now that you've cracked the ice on posting here at the FF, you may start to see and read a lot more information and maybe even absorb some of it. Along with that, you are going to see the horror that this industry can inflict. It really is like watching children play with matches and as much as I am not fond of regulation and legislation when imposed over peoples free will, I don't believe there is any harm in working to try and educate them.

Take my words how you will, Jim. I'll not be offended nor much particularly honored after this post, you really only crack your Posting Virginity once...

You may not like my choice of words Jimmy, but try and appreciate the message.

If you feel I am wrong, I am certainly around for a good little tussle...and Jimmy, I hope that you can one day be as passionate as I am in not only my practices as applied to markets, but as I am in my character when it comes to posting.

Jim, thanks again for making me your first post.

I really hope you get the hang of this place. It's not as bad as a lot of others make it out to be.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #6,780
  • Jan 27, 2015 10:21pm Jan 27, 2015 10:21pm
Quoting jimmyl
you haven't had anything positive to say in this thread. It seems your only goal is to cut everyone down.
Now, as for the rest of this, prior to actually posting your reply, did you happen to have a look at this situation?

I want you to give the images in this post HERE, and let me know what you see.

Because, from what I see, this fella is really close to having positions closed for him by way of margining out.

Now, that's a pretty shitty place to be, and given the size of his DD, I can't actually say that would be a terrible thing, but it ain't my account. Not my trading style. Not my decision to make.

Those decisions were made by that trader under his market understanding.

The rules changed for him, Jimmy.

That's an even shittier place to be. Where he may have had a little more cushion that his particular brand of trading may have allowed, he's now RED LINE!

So, Jimmy...back to my reply.

Quoting Magix
Seems to me, he might want to do the exact opposite of what you suggest.
IF by some stroke of miracle allowed this fellow to trade his account as he originally intended, and that might come from simply ignoring the posts of the blood sucking vermin from FXCM, my words actually make sense...don't they?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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