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  • #6,561
  • May 12, 2015 11:56am May 12, 2015 11:56am
Quoting XXlager
{quote} Lol you kidding right?
LOL....just joking man!

I am soooooooo tired of waiting for my funds.

Never Ever Give Up!
  • #6,562
  • Edited 12:14pm May 12, 2015 12:04pm | Edited 12:14pm
Quoting Cobra
{quote} LOL....just joking man! I am soooooooo tired of waiting for my funds.

You are not alone man.

They will release funds at the end of may...only cause they can amortise the big hole they will have after this compensation from kpmg.

But they could release funds now...i don't think 1-2 weeks make any difference arrived at this stage.

Anyway....just words....like all the time since this mess was started.

i don't know what to say anymore...just patience..(not easy frustrating).

I had a lot of plans these months...all postponed just cause this issue.

a....dunno why i have the sensation this month is so fuckin long than others....I should be happy to receive money back...others months passed really fast...may?? everyday so fuckin long lol
myfxbook: neoxis
  • #6,563
  • May 12, 2015 12:09pm May 12, 2015 12:09pm
Look on the bright side and consider yourself lucky: I also have funds stuck with LQD Markets (in Admin) and the FSCS haven't even agreed yet if they will cover the claim!!!
  • #6,564
  • May 12, 2015 11:50pm May 12, 2015 11:50pm
I am filling the form concerning bank detail verification on KPMG Alpari (UK) site. Since my bank is not in UK, what should I fill the blank of "branch code", the Citibank branch in China could not give me a clear answer. I assume branch code is used in UK but not other places, what should I do ? Please help.
  • #6,565
  • May 13, 2015 3:01am May 13, 2015 3:01am
Quoting marcwang
I am filling the form concerning bank detail verification on KPMG Alpari (UK) site. Since my bank is not in UK, what should I fill the blank of "branch code", the Citibank branch in China could not give me a clear answer. I assume branch code is used in UK but not other places, what should I do ? Please help.
usually the branch code is the first 2 or 3 figures in ur bank account number...but you need to check with ur bank
  • #6,566
  • May 13, 2015 6:32am May 13, 2015 6:32am
Quoting marcwang
I am filling the form concerning bank detail verification on KPMG Alpari (UK) site. Since my bank is not in UK, what should I fill the blank of "branch code", the Citibank branch in China could not give me a clear answer. I assume branch code is used in UK but not other places, what should I do ? Please help.
thats weird, when i filled the form i saw the Bank details and there was "Not applicable" beside it.
i assigned the claim via FSCS and checked that i want any distribution or payments to be transferred to my ETX account.
i couldnt enter any info in the bank details spot.
  • #6,567
  • Edited 6:52am May 13, 2015 6:37am | Edited 6:52am
For those of you who have transferred your trading account to ETX, you are advised to read the following warning carefully and adjust your trading strategy accordingly:


6 TRADING OFF-EXCHANGE

When you trade with us, you will be entering into an off-exchange (also known as an over-the-counter, or OTC) derivative which is non-transferable. This means you will enter into trades directly with us and those trades must be closed with us. We will be your trading counterparty, meaning when you sell, we will be the buyer and when you buy, we will be the seller. You will not be able to sell or transfer your trades to third parties. This can involve greater risk than investing in a financial instrument which is transferable, or dealing in an exchange-traded derivative, because your ability to open and close trades and offset positions is limited to what we offer you, as there is no other market for these transactions. The prices we quote may not necessarily reflect the wider market. Although we expect that these prices will be reasonably related to those available on the wholesale market, prices we use may vary from those available to other participants in the wholesale market. Consequently we may exercise considerable discretion in setting margin requirements and collecting margin funds. We may offer any price we wish and may offer prices derived from outside sources or not in our discretion. We may establish our prices by offering spreads from third party prices but we are under no obligation to do so or continue to do so. We may offer different prices to different customers at any point in time on our own terms. Our Terms and Conditions alone govern the obligations we have to you to offer prices and offset or liquidating transactions in your account and make any payments to you. The prices we offer may or may not reflect prices available elsewhere at any exchange, interbank or other market for foreign currency.

7 ETX CAPITAL TRADING PLATFORMS

Each ETX Capital trading platform is not an exchange; it is an electronic connection which enables you to transact with us. You will not be trading with any other entities or any other customers by accessing the platform. The availability and operation of the platform, including the consequences of the unavailability of the platform for any reason, is governed only by the terms of our Terms and Conditions.

8 LOSS LIMITS MAY NOT BE GUARANTEED
Unless we have offered you a guaranteed stop loss order and you have paid any required premium for this protection your stop loss order is not guaranteed. 4 Placing stop loss orders that are intended to limit losses to certain amounts may not always be effected because market conditions or technological limitations may make it impossible to execute such orders. In some circumstances, your loss may even be greater. Slippage (also called gapping) occurs when the market moves past the price at which you have set your stop loss order. This may occur because the particular underlying market has become unusually volatile. For example, the underlying market may have stopped trading at a point above your stop loss order price and after a period of time, may recommence trading at a price below your stop loss order price. In such a circumstance we would close your open trade at or as quickly after the reopening of trading in that underlying market, i.e. at the next price available. Additionally, markets may also be extremely busy when the underlying market becomes volatile and, in accordance with our Order Execution Policy, we will execute orders on a first-in-first-traded basis. This may result in your stop loss order being executed at a price below your stop loss order price in a rapidly falling underlying market.
  • #6,568
  • May 13, 2015 6:41am May 13, 2015 6:41am
Quoting Articulate
For those of you who have transferred your trading account to ETx, you advised to read the following warning carefully and adjust your trading strategy accordingly: 6 TRADING OFF-EXCHANGE When you trade with us, you will be entering into an off-exchange (also known as an over-the-counter, or OTC) derivative which is non-transferable. This means you will enter into trades directly with us and those trades must be closed with us. We will be your trading counterparty, meaning when you sell, we will be the buyer and when you buy, we will be the seller....
What a shit market maker.
myfxbook: neoxis
  • #6,569
  • May 13, 2015 7:13am May 13, 2015 7:13am
Quoting Articulate
For those of you who have transferred your trading account to ETX, you are advised to read the following warning carefully and adjust your trading strategy accordingly: 6 TRADING OFF-EXCHANGE When you trade with us, you will be entering into an off-exchange (also known as an over-the-counter, or OTC) derivative which is non-transferable. This means you will enter into trades directly with us and those trades must be closed with us. We will be your trading counterparty, meaning when you sell, we will be the buyer and when you buy, we will be the...
it is a market maker. And precisely for this reason I will never trade at a market maker. because prices will be manipulated. All market makers have such conditions. so I will only trade with ECN. Directly on the market.
  • #6,570
  • May 13, 2015 7:30am May 13, 2015 7:30am
Quoting muckele1
{quote} it is a market maker. And precisely for this reason I will never trade at a market maker. because prices will be manipulated. All market makers have such conditions. so I will only trade with ECN. Directly on the market.
Even if they don't manipulate the price it is not a healthy relationship to have with your broker.
  • #6,571
  • May 13, 2015 8:57am May 13, 2015 8:57am
I got email from etc
Attached Image (click to enlarge)
Click to Enlarge Name: bosun ETX.JPG Size: 83 KB
  • #6,572
  • May 13, 2015 9:08am May 13, 2015 9:08am
What a brilliant broker!!!
This should be on a separate ETX thread.
  • #6,573
  • May 13, 2015 9:09am May 13, 2015 9:09am
Quoting fido
{quote} Even if they don't manipulate the price it is not a healthy relationship to have with your broker.

This is a very very scary proposition indeed! I doubt if any trader can win betting against his broker.
  • #6,574
  • May 13, 2015 9:37am May 13, 2015 9:37am
Quoting jgtc din
I got email from etc {image}
Good this means payment is close to us. FSCS will pay soon..or ETX will never gave 30% of credit.
myfxbook: neoxis
  • #6,575
  • May 13, 2015 9:44am May 13, 2015 9:44am
Quoting neoxis
{quote} Good this means payment is close to us. FSCS will pay soon..or ETX will never gave 30% of credit.
ETX must already have become aware of FSCS about the level of payment for the individual accounts. If FSCS can provide such information, the Authority is soon able to pay the compensation.
  • #6,576
  • May 13, 2015 9:47am May 13, 2015 9:47am
Quoting muckele1
{quote} ETX must already have become aware of FSCS about the level of payment for the individual accounts. If FSCS can provide such information, the Authority is soon able to pay the compensation.

Money are coming still Almost 2 weeks...come on!
myfxbook: neoxis
  • #6,577
  • May 13, 2015 10:28am May 13, 2015 10:28am
Quoting neoxis
{quote} Money are coming still Almost 2 weeks...come on!
...next week...I hope...
  • #6,578
  • May 13, 2015 10:29am May 13, 2015 10:29am
Quoting Articulate
For those of you who have transferred your trading account to ETX, you are advised to read the following warning carefully and adjust your trading strategy accordingly: 6 TRADING OFF-EXCHANGE When you trade with us, you will be entering into an off-exchange (also known as an over-the-counter, or OTC) derivative which is non-transferable. This means you will enter into trades directly with us and those trades must be closed with us. We will be your trading counterparty, meaning when you sell, we will be the buyer and when you buy, we will be the...
ROBBERS!! every condition is to protect their interest not the client.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,579
  • Edited 10:50am May 13, 2015 10:39am | Edited 10:50am
Quoting muckele1
{quote} ...next week...I hope...

on 1.14 wall maaaan.....fuck!!! hoping not breaks 1.16 EUR TAKE YOUR ASS DOWN!

if goes up 1.1390...i'm fucked up.

EUR GUYS NEXT TO TAKE A LOSS ON PAYMENT!
myfxbook: neoxis
  • #6,580
  • May 13, 2015 10:51am May 13, 2015 10:51am
Quoting neoxis
{quote} on 1.14 wall maaaan.....fuck!!! hoping not breaks 1.16 EUR TAKE YOUR ASS DOWN! if goes up 1.1390...i'm fucked up. EUR GUYS NEXT TO TAKE A LOSS ON PAYMENT!
Do you have a trade against the euro now? No stop loss? I trade again until Euro when he has finished the uptrend. it is uncertain at the moment. at 1.14 a lot of stop loss can be and the euro shoots significantly higher in a short time.
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