I don't know about compensation, but one of the trick I know about so called "FCA regulated" brokers is that some Cyprus brokers create a sister company or branch in the UK which acts as an IB (introducing broker) for the main company. They then ...

Broker Regulations - Complaints & How to Secure Ourselves?

I already wrote several times about that, just look in the thread. Basic answer is that gold is FAR from being unlimited, unlike fiat currencies created out of thin air.

EUR/CHF

Interesting, thanks for the link. It shows why some people started to call the SNB the biggest hedge fund on the planet. So the guy confirms clearly that they can't defend the 1.20 floor with 20% minimum gold reserves, for those who didn't believe ...

EUR/CHF

Ammar: Take all your money out of the broker and leave ! What do you want to complain for ? So that this is fixed and you continue with them ? You saw they are dishonest, don't continue. If you filled a complain with Cysec, that's good. You can ...

Broker Regulations - Complaints & How to Secure Ourselves?

Paz, I respect what you wrote for what it is: Your opinion. To me, it's almost as much BS as what is coming from the so-called "economists" you refer to. Of course all (central) bankers, politicians and economists are against gold standard: They ...

EUR/CHF

If they don't respect the result of the poll, that would be a big hit to the Swiss system. I don't believe they would do that. With a high purchasing power currency, you can work less... Every import will cost them far lower. Why want absolutely to ...

EUR/CHF

I am confident the floor will be removed IF the SNB has to back the CHF with 20% gold. I am not confident enough the YES will win at the referendum to go short. But I was long more than 20 lots not that long ago, and I felt the risk was enough to ...

EUR/CHF

What are you trying to do ? Convince yourself ? Buyers are long term buyers and do not re sell for a short profit, but sellers have to cover ??? Personnally, I am pretty sure that Yes to the Gold referendum = no floor anymore. Already wrote about ...

EUR/CHF

Approx. what I understood from his intervention, but thanks for the translation, it was nice The very first question that immediately came to my mind is: A review made by WHO ???

Broker reverses $20K winning trades for alleged latency arbitrage

Come on, they could have widened the spreads if this was an exceptionnal circumstance. Yes, registered liquidity providers/maket makers on exchanges have that kind of rights, with last look features and much more. All this is just NOT fair. When YOU ...

Broker reverses $20K winning trades for alleged latency arbitrage

I HIGHLY doubt that. Forex brokers can quote whatever they want, regulators don't care at all. Especially since forex isn't a centralized exchange, there is no "official" price. Arbitragers are here to somehow "regulate" the price beetween the ...

Broker reverses $20K winning trades for alleged latency arbitrage

In my experience, it's mainly a case by case thing. Each broker has its own policies. Some effectively don't take residents, for others, just being a US citizen will close you their doors. When you want to open an account in a company name, most ...

Can Americans living abroad open accounts with non-US brokers?

[quote=muhitalam;7819072] Hello Willer, It`s really bad what happened with you. I trade on instaforex and i

Anyone using Trader24 - Took my money and ran?

Hey Shrike, I understand your points, but my feeling is that even if he knew perfectly what he was doing, and knew there was a difference in quotes compared to the actual price, he is still right and GAIN is definitely wrong. This is of course if he ...

Broker reverses $20K winning trades for alleged latency arbitrage

Of course they don't ! They only see THEIR interest. It's indeed disgusting. What this story tells, in my opinion, is that they are effectively a bucketshop not hedging themselves and betting on the fact more customers will loose. Then, they do this ...

Broker reverses $20K winning trades for alleged latency arbitrage

At least someone following, thanks.

EUR/CHF

Why would there be an intervention ? I have the sensation a lot of people don't make the difference beetween their wishes and the reality... EDIT: Even if E/C goes down to 1.20, they will defend the floor, that's it (just buy at 1.20). They did ...

EUR/CHF

I like questions. It points something out and invites you to think about it, and tells you not to take an affirmation for granted as if it was the absolute truth. What do you mean about "priority" ? You're talking about time horizon ? What you think ...

EUR/CHF

Sure Why hold a real asset when you can hold some paper backed by governement debt ? That's a no brainer, lol. Fiat currencies can only go to the moon in value, it's not like they were "created" just with the click of a button... Or are they ???

EUR/CHF

"As long as SNB does not declare a fixed exchange rate between CHF and gold" 20% minimum gold reserves means CHF value = higher than 20% of gold value This puts a floor on the CHF value compared to Gold. Do you realize what you say ? You are just ...

EUR/CHF