Interesting read... I wonder where the author obtained the information stating FXCM is pursuing 60% of the negative account population instead oof the 10% they claimed

FXCM Discussion

Oh yeah? Like what? What can make a 1700 pip loss more manageable?

FXCM Discussion

Like I say last time, its all a lie. The 90% claim is just a PR stunt to salvage their reputation, to trick existing customer to stay and to reel new ones in. They are not really honoring their legal binding promise and policy to their customers. ...

FXCM Discussion

It seems FXCM is selling their institution arm FXCMPro. If this is the case, what will happen to the focus on recovering from the 10% that owes her over 60% of the negative balance? Isnt this 10% made up of institution, high net worth and ...

FXCM Discussion

I dont think FXCM goes through each and every client to find out what sort of agreement is in place. They send out mass emails and some are probably not application to local agreement, laws and context.

FXCM Discussion

90% is just what FXCM says and I don't think they are really going after client based on type of investors, net worth etc. I suspect it is based on the amount of negative balance as that makes more sense to them.

FXCM Discussion

Not chase but take it by force. But they have good manners, they tell you about it.

FXCM Discussion

Let's be clear, its about absorbing more cash at this dire situation. Forcing customers to deposit by increasing margin is the fastest and most legitimate way.

FXCM Discussion

Good point! What if your broker close your trade well below your TP and also deny the additional 2000pips profit during a crazy spike claiming market irregularity, what then? That's why there are regulators, they are there to make sure both broker ...

Brokers chasing you for negative account balance

I think whatever needs to be said was already said. Obviously there are some who are angry, there are some who are desperate, there are some who are seeking help/advise and there are some who are here to "encourage" people to pay up.

EUR/CHF

Market has always been brutal and the market is always right. This incident did not change that reality. The only impact it had on me is the impression I have with brokers. Some seem to be better than others.

Has the latest event with CHF affected your outlook on forex?

Get ready for FXCM stock price melt down

EUR/CHF

It really depends on which broker you are using. Oanda has decided to protect their brand by doing the right thing, earlier poster says Saxobank is asking him to pay, FXPro is waiving it. FXCM is asking clients to pay even though they advertise this ...

EUR/CHF

Are they asking you to pay for that?

EUR/CHF

Somehow, I suspect their system is not calculating negative interest rate correctly. Maybe it is incapable to do that. In any case, negative interest is suppose to start on Jan 22, no? Sudden spike in swap in succession within a short period of time ...

EUR/CHF

How does FXCM calculate their rollover anyway? I was changed $0.3 per lot, then $0.6 pet lot and then now $1.80 after yesterday's announcement. Shouldn't I get positive swaps if I long eurchf since chf is being charged negative interest rate?

EUR/CHF