Hi Guys, I am sorry if i open the topic on a wrong place. I have some problems and do not feel comfortable so i just wanted to get your thoughts and advises on what the to do in current situation..
I deal with forex from 2009, and was active between 2009-2011 then left for couple of years and restarted again on 2013-now.... Not going bad and making investments as a long term trader i work with Fx solutions. First my account was in US and after regulations changed in US as leverages decreased they moved the account to UK. Last year i received a mail from them as Gain Capital has owned City İndex group which also owns Fx Solutions UK and it will not effect antyhing. I am very satisfied with their GTS pro platform also. Sometime later the fxsloution website is directed to cityindex and on saturday i received a mail about the account will be moved to city index with my all trades remain the same without loss or gain or should be closed till 14 th of may if not would like to continue to city index. I checked their platforms and they use AT PRO, you cannot change the leverage as a fixed 200:1 which i always use 50:1, they have more commodities currency many more products, but they use FIFO if you do not select hedge trading. Also there is no HEDGE option for a trade which is going wrong. These are the key factors for me. So I refuse to use ther crappy platform and refuse to close my losing positions. And I have to protect my self and my account from their forced attitude... So what do you suggest, move on to another broker with losses? discuss this situatioın with a good financial lawyer, (will really appreciate if you can advise me real good one in UK) OR do not close the trades and see what will they do on 14th may and act,sue them according to that? My account has almost 40K USD so it worth dealing with it...
I deal with forex from 2009, and was active between 2009-2011 then left for couple of years and restarted again on 2013-now.... Not going bad and making investments as a long term trader i work with Fx solutions. First my account was in US and after regulations changed in US as leverages decreased they moved the account to UK. Last year i received a mail from them as Gain Capital has owned City İndex group which also owns Fx Solutions UK and it will not effect antyhing. I am very satisfied with their GTS pro platform also. Sometime later the fxsloution website is directed to cityindex and on saturday i received a mail about the account will be moved to city index with my all trades remain the same without loss or gain or should be closed till 14 th of may if not would like to continue to city index. I checked their platforms and they use AT PRO, you cannot change the leverage as a fixed 200:1 which i always use 50:1, they have more commodities currency many more products, but they use FIFO if you do not select hedge trading. Also there is no HEDGE option for a trade which is going wrong. These are the key factors for me. So I refuse to use ther crappy platform and refuse to close my losing positions. And I have to protect my self and my account from their forced attitude... So what do you suggest, move on to another broker with losses? discuss this situatioın with a good financial lawyer, (will really appreciate if you can advise me real good one in UK) OR do not close the trades and see what will they do on 14th may and act,sue them according to that? My account has almost 40K USD so it worth dealing with it...
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