Broker reverses $20K winning trades for alleged latency arbitrage | Page 34 | Forex Factory

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Broker reverses $20K winning trades for alleged latency arbitrage

  • #661
  • Feb 13, 2017 12:30pm Feb 13, 2017 12:30pm
boys and gals; am late in the party here; but I have analyzed yinben trades; and put them on a chart; and they ARE NOT latency arbitrage.
He is infact trading a pullback of a trend following system; with a mixture of grid (aka martingale) component to it.

Forex.com are thiefs in this case; and should return his money. I am pretty sure of this fact; and willing to help him in proving it legally !!!!
  • #662
  • Apr 21, 2017 10:19am Apr 21, 2017 10:19am
He should files the case to regulator of the broker. There are winning case which broker has to be shut down by regulator. Try google FXCM shut down. Hope this help the case.
  • #663
  • Jun 1, 2017 8:34am Jun 1, 2017 8:34am
Quoting Forexia
{quote} He already did. He reported this to the FCA in UK, one of the toughest regulator in the world and this is the response that they gave him, completely siding with forex.com. I am not sure if NFA would even bother to listen to him since he's not a USA citizen and his account is not with forex.com in US.
Do you know the actual NFA rule regarding this for U.S. clients?

Does the NFA have certain rules to prohibit brokers from shutting your down based on you using an EA?
  • #664
  • Jan 7, 2018 10:03am Jan 7, 2018 10:03am
Hello
I need a latency arbitrage EA , if anyone have so please send at my mail address ( { email address deleted by staff } )
  • #665
  • Feb 5, 2018 9:15pm Feb 5, 2018 9:15pm
Quoting harmain001
Hello I need a latency arbitrage EA , if anyone have so please send at my mail address ( { email address deleted by staff } )
Nowadays, it is easy to get arbitrage ea, google it. but its hard to find a good broker (maybe yes its easy) but the commission charged is high (maybe not). to me the real problem for arbitrageur is connection.
  • #666
  • Feb 9, 2018 4:01am Feb 9, 2018 4:01am
Quoting harmain001
Hello I need a latency arbitrage EA , if anyone have so please send at my mail address ( { email address deleted by staff } )
I can give you my Latency Arbitrage EA with Free. Please add my skype: Raymonz Whang
  • #667
  • Last Post: Dec 9, 2023 4:20pm Dec 9, 2023 4:20pm
Any updates regarding your situation?
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