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Darwinex had a huge margin requirement increase!

  • #21
  • May 8, 2017 3:48am May 8, 2017 3:48am
Quoting MoneyZilla
{quote} Why not share here? When other potential Darwinex victims search in Google/Bing/Yahoo/ext. they will find this tread, too. Good to read it, cause I am forced now to lose 16% of my balance out of a blue sky for no good reason whatsoever... This is ridiculous. Never got an email notification. Other brokers sent notifications over, but not Darwinariumex. Whatever the Darwinaria supporters have to say here, it is still 100% unfair behaviour, cause there are no email notifications, at all. Plus 0.12 opened lots used to be leave me with 800% free...
You are lying.
You should not be quick to judge others before you have all the facts.
https://community.darwinex.com/t/mar...ection/1815/33
Darwinex is honest broker.
  • #22
  • May 8, 2017 4:04am May 8, 2017 4:04am
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  • #23
  • May 8, 2017 4:08am May 8, 2017 4:08am
Quoting entheos
{quote} You are lying. You should not be quick to judge others before you have all the facts. https://community.darwinex.com/t/mar...ection/1815/33 Darwinex is honest broker.
Are you from Darwinex? Another guy calling me a liar? ;-)

Cool off JUDGE, there is a communication going on in between me and Ignacio. He has hard times answering my questions...

dont want to make this public, but i will, if the number of "traders" calling me a liar increases...;-)
Maadik Hugiis. IQ 69.
  • #24
  • May 8, 2017 4:11am May 8, 2017 4:11am
I'm literally gonna die laughing here right now...

Since Darwinex is not allowed to post here, I will gladly copy there response:

Quoting IgnacioDwx
I am glad you came to our forum to post the same lies you have been posting in ForexFactory6.
The reason why you did not receive an email is BECAUSE YOU DO NOT HOLD A DARWINEX TRADING ACCOUNT.
The account you pasted is not linked to Moneyzzila, it is linked to another username who received 5 emails + a warning message on our site about our margin increase (see screenshots below).
Now, please go back to ForexFactory and tell everyone that you are lying, I tried to do so but my posts were unfortunately blocked.
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"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #25
  • May 8, 2017 4:37am May 8, 2017 4:37am
Quoting michisuperfr
I'm literally gonna die laughing here right now... Since Darwinex is not allowed to post here, I will gladly copy there response: {quote} {image} {image}
Lovely Friend, there is more to be laughing at. Do not be in a hurry of passing out. Hold that for a day or two...

Ignacio is having problems of telling me if I am Darwinex customer or not? I will keep you posted.
Maadik Hugiis. IQ 69.
  • #26
  • May 8, 2017 4:54am May 8, 2017 4:54am
I quote from the Darwinex forum:

"MoneyZilla
Increasing the margin is OK, if mailed a week prior to that. Now the account I am taking care of with Darwinex is totally screwed up. I am forced to close down at 16% account loss, due to no margin left."

I think I understand the confusion here.

MoneyZilla is trading someone else's live account (he is not the owner). Darwinex is sending e-mails to the actual owner of that live account. And "MoneyZilla" doesn't see those emails.

Can that be right?

Just trying to figure it out here for you.
  • #27
  • May 8, 2017 7:24am May 8, 2017 7:24am
Quoting scalprobot
MoneyZilla is trading someone else's live account (he is not the owner). Darwinex is sending e-mails to the actual owner of that live account. And "MoneyZilla" doesn't see those emails. Can that be right? Just trying to figure it out here for you.
That sounds like a possibility, but surely he knows that he's not going to receive any emails from Darwinex if he doesn't actually hold an account with them? Also, assuming this is what happened, then I would be wondering why the account holder is not forwarding those emails to MoneyZilla?
  • #28
  • May 8, 2017 1:37pm May 8, 2017 1:37pm
Quoting scalprobot
Darwinex is sending e-mails to the actual owner of that live account. And "MoneyZilla" doesn't see those emails. Can that be right? Just trying to figure it out here for you.
That is exactly right!

However, i ALSO hold an account with DarWINEx. I have opened an account there, following the procedure by clicking on "open an account" button or whatever... Passed through the verification process. Sent all docs they wanted for POA.

I thought I have an account with DarWINEx. My account is MoneyZilla. Unfortunately, they do not think so... and they did not emailed me with the margin changes. No mails whatsoever. I am 100% positive i am absolutely right! Noone can convince me otherwise! I am supposed to be a fucking customer there! They got my personal details! Bank account and utility bill data! But obviously, that is not how it works with DarWINEx...

I just saw I got a reply from Ignacio. Have not read it. Tomorrow I will read it.

Meanwhile I will post everything I got. Unfortunately, this will be a free advertising of two other brokers i use! That is not my intention! But I will show you how they do it the right way...

All I want is Darwinex to say: we are sorry! we should have emailed all account owners. next time we will! (and start doing that!)

But they are not going to do this... i suppose, so i will share everything on the matter (i have at my end).
Maadik Hugiis. IQ 69.
  • #29
  • May 8, 2017 1:45pm May 8, 2017 1:45pm
Quoting kenshin
{quote} That sounds like a possibility, but surely he knows that he's not going to receive any emails from Darwinex if he doesn't actually hold an account with them? Also, assuming this is what happened, then I would be wondering why the account holder is not forwarding those emails to MoneyZilla?
The account holder is a poor friend of mine. His wife left him. Runaway with his son and married for a rich guy. Anyways.

He is really stupid for not letting me know about that, but there is no surprise here, cause he is poor because he is plain stupid. It is a bad circle he is in to and cant get out...

I am just trying to help him, by trying to increase the little capital of his. It costs me nothing. He is stupid and very poor, but for me he is still a good friend...
Maadik Hugiis. IQ 69.
  • #30
  • May 8, 2017 2:39pm May 8, 2017 2:39pm
Quoting MoneyZilla
{quote} That is exactly right! However, i ALSO hold an account with DarWINEx. I have opened an account there, following the procedure by clicking on "open an account" button or whatever... Passed through the verification process. Sent all docs they wanted for POA. I thought I have an account with DarWINEx. My account is MoneyZilla. Unfortunately, they do not think so... and they did not emailed me with the margin changes. No mails whatsoever. I am 100% positive i am absolutely right! Noone can convince me otherwise! I am supposed to be a fucking...
I'm thinking that maybe Darwinex only sends emails to holders of actual live accounts.

I mean, you can open a profile with them, But then you need to deposit for the live account. Since you were trading your friend's account, maybe you didn't deposit on your own profile/account and that is why you were not send an email?
  • #31
  • May 8, 2017 3:01pm May 8, 2017 3:01pm
Quoting scalprobot
{quote} I'm thinking that maybe Darwinex only sends emails to holders of actual live accounts. I mean, you can open a profile with them, But then you need to deposit for the live account. Since you were trading your friend's account, maybe you didn't deposit on your own profile/account and that is why you were not send an email?
This is getting so good! Check my last post there, before they hide it. It shows why what they are doing is really a bad approach.

It is good to know, even you give them your id/passport, bank account statement and POA, YOU ARE STILL NOT A CUSTOMER! Yes! According to what they do - one is still not a customer! Money or no money in waller - one is NOT A CUSTOMER...

I can feel these giants of brain power... Before they remove my post I will show it here...

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Maadik Hugiis. IQ 69.
  • #32
  • May 8, 2017 3:05pm May 8, 2017 3:05pm
I love that! They started hiding my posts! Yes! This is a good sign I am saying something very unconvenient for them! It is a free world! Let them do anything they want!

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Maadik Hugiis. IQ 69.
  • #33
  • May 8, 2017 3:21pm May 8, 2017 3:21pm
Quoting MoneyZilla
... Before they remove my post I will show it here...
They hide my last post, exactly as i expected it... The thing one is still not considered to be a customer, even after an account opening, happens to be true...
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Maadik Hugiis. IQ 69.
  • #34
  • May 8, 2017 3:26pm May 8, 2017 3:26pm
I cant write at Darwinex forum anymore... Freedom of speech, my ass...
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Maadik Hugiis. IQ 69.
  • #35
  • May 8, 2017 3:38pm May 8, 2017 3:38pm
Did you receive the Client Agreement pdf's in your email that you get when you sign up? I mean, you normally receive four or five PDF's of legal documentation once you have signed on. If you did, then I would say that that constitutes Darwinex acceptance of you as a client, and both parties are then obligated to the terms in those agreements. Do any of these documents have clause(s) about responsibility of broker to notify client of future changes to trading conditions?
  • #36
  • Edited 4:14pm May 11, 2017 11:47am | Edited 4:14pm
Quoting entheos
{quote} You are lying. You should not be quick to judge others before you have all the facts. https://community.darwinex.com/t/mar...ection/1815/33 Darwinex is honest broker.
Hey entheos, if you want to continue to kiss Darwinex ass and let everyone know you have NO CLUE what trading means or how it works, why don't you go and do it here:
https://community.darwinex.com/t/mar...ection/1815/33

Not a single person in this thread gives a 3h!t what you think.

This thread is to expose the fact that DARWINEX are forcing traders to finance their own margin requirements given they are just another cheap MARKET MAKER BUCKETSHOP !!!
  • #37
  • May 11, 2017 11:54am May 11, 2017 11:54am
Quoting MoneyZilla
{quote} Are you from Darwinex? Another guy calling me a liar? ;-) Cool off JUDGE, there is a communication going on in between me and Ignacio. He has hard times answering my questions... dont want to make this public, but i will, if the number of "traders" calling me a liar increases...;-)
Hi MoneyZilla, thanks so much for providing useful input to the forum, and this thread. Much appreciated that you are sharing the info on this bucket shop of a broker...

Nice design, hip cool start broker Darwinex is....when the market flexes it's muscle, Darwinex makes their traders bleed by asking them to deposit 10 TIMES their orginal margin requirements!!!!....how is the FCA ok with this???? In what business is it allowed to ask your customers to increase their deposits 10 times!!?!?!?! How is Darwinex allowed to operate under an FCA License?!?!?!
  • #38
  • May 12, 2017 1:03am May 12, 2017 1:03am
Quoting meyoik
{quote} Hi MoneyZilla, thanks so much for providing useful input to the forum, and this thread. Much appreciated that you are sharing the info on this bucket shop of a broker... Nice design, hip cool start broker Darwinex is....when the market flexes it's muscle, Darwinex makes their traders bleed by asking them to deposit 10 TIMES their orginal margin requirements!!!!....how is the FCA ok with this???? In what business is it allowed to ask your customers to increase their deposits 10 times!!?!?!?! How is Darwinex allowed...
Hmm,
All I see you doing is complain about a lot of brokers like whores do about their relationship. Just because you had 1 bad broker doesn't mean all are shit.


I've been with darwinex for 2 years and they are one of the best available brokers out there for retails.

It is normal for them to increase margin requirements to protect their self, their reputation and then the users.

Yes,they did send me an email about this just like all the other brokers did.

Get over it,stop opening a new thread after another about brokers and learn to trade or flip burgers ad MC.
  • #39
  • Edited 2:34am May 12, 2017 2:19am | Edited 2:34am
Quoting timos
{quote} Hmm, All I see you doing is complain about a lot of brokers like whores do about their relationship. Just because you had 1 bad broker doesn't mean all are shit. I've been with darwinex for 2 years and they are one of the best available brokers out there for retails. It is normal for them to increase margin requirements to protect their self, their reputation and then the users. Yes,they did send me an email about this just like all the other brokers did. Get over it,stop opening a new thread after another about brokers and learn to trade...
I guess you don't understand that DARWINEX increasing their margin requirements 10 times is something NO OTHER broker does, it's just this bucket shop that you are defending without addressing the issue, your only point is "I like them" so why don't you start your own thread of Darwinex Kiss Azzes and find how many people join you.
  • #40
  • Edited 3:07am May 12, 2017 2:48am | Edited 3:07am
For traders that might be wondering what all the fuzz is about with Darwinex jacking up their margin requirements, here it is in a nut shell:

Imagine you have some long term positions with Darwinex. These positions need x amount of time to mature; these positions require you to have a margin of -for example- 500 EUR. Then, one fine day, Darwinex sends you an email that you have to deposit an extra EUR 5,000 !!! just to cover those positions, or you will be closed out!!! Most brokers change their margins for events like elections, referndums, FxPro did, but only to new positions, LMAX did, but only to 3%, IG same story, etc....NO ONE increases their margins 10 times on ALL EXISTING POSITIONS like Darwinex does!!! This will crack your back if you are long term, or if your positions haven't matured yet...

If you would have had 1000 in margin, Darwinex would ask you to deposit 10,000!!
If you would have had 5000 in margin, Darwinex would ask you to deposit 50,000!!
...I think you can start to see where the problem is here...

This is the broker Darwinex is. All fancy graphics, hip look and feel, they portray themselves as the broker that is super cool and hip...but they are not. They are just a wolf in sheep's clothing, and they use their marketing team to fool you.

You trade with Darwinex you run a HUGE risk, this alone could bankrupt thousands of traders!!! And the cynical part is that Darwinex will make it sound like they are doing it for YOUR protection....what an insult to anyone that has 1/8 of a brain...this is Darwinex covering their OWN azz with YOUR HARD EARNED MONEY.
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