Oct 31 2010, 01:03 AM
QUOTE(nemoexcel @ Oct 31 2010, 12:23 AM)
no la bro, USD200 is nothing to forex traders like you and me, ngam? Its more of the semangat ke-forex-tradingan that I am concerning about... if u dont like FXCM (which i can already tell 
) , then open with some others that u like... at least regulated with NFA lor ... bulkbiz's sharing on the NFA audit findings with Gain capital & IKON shld keep you (and others) consider even more .... read thru the audit .... its damn scary ... THANKS to NFA,,, at least i have 1 thing less to worry
bro, no hard feelings.... i dont gain by talking nonsence here .... its for the benefit of everyone
add on : oh yah, talking about being a broker, how do you know that? Any of your friends use my service ah? Ya, i help my clients open FXCM account. I hold the trading password while they hold the reporting ID/pwd (to monitor my trading). Zero commission/service charge..... only profit sharing
.. but i accept only those who can spare USD20K.... smaller amount are too risky
I talked about "broker" because you seems to be excited about that USD200, which is normal for broker/introducing broker. ) , then open with some others that u like... at least regulated with NFA lor ... bulkbiz's sharing on the NFA audit findings with Gain capital & IKON shld keep you (and others) consider even more .... read thru the audit .... its damn scary ... THANKS to NFA,,, at least i have 1 thing less to worrybro, no hard feelings.... i dont gain by talking nonsence here .... its for the benefit of everyone
add on : oh yah, talking about being a broker, how do you know that? Any of your friends use my service ah? Ya, i help my clients open FXCM account. I hold the trading password while they hold the reporting ID/pwd (to monitor my trading). Zero commission/service charge..... only profit sharing
.. but i accept only those who can spare USD20K.... smaller amount are too risky
Btw NFA sucks. No hedging? 1:50 max leverage?. Wth. Better go to Aussie or UK.
In my point of view ... there's only 2 reason why people need regulated broker
1) To make sure the the broker did not cheat u by slippage, requote and any kind of unfair advantage.
- I dont see my broker doing this, because the orders behave the way I want it, and I'm profitable. Execution is flawless. They deliver what they promise.
2) To make sure the money are segregated from brokers account. If the broker went bankrupt, your money is safe.
- This part is mostly overrated. Only a big account can enjoy this kind of protection. Small accounts, even if its said to be segregated are not protected in the event of bankruptcy. Its just marketing. How nice. My broker offer protection for deposit of at least USD 100k. You only need to show the broker proof of your deposit in Swiss bank (account using your name), and the broker gives you credits in trading account.
I will opt for a real segregated account when I have enough capital.
Quote
FXCM is 1 of the largest broker in the world. Regulated by NFA and registered in both USA and UK .... why settle for Russian and unregulated broker? Just for that 1 pip diff?? alamak, 5 seconds trading will earn back few pips lor.... come la, i welcome you
0.0368sec
0.65
6 queries
GZIP Disabled