risky-rise-of-nonbroker-brokers — Make your own judgment url "What is even more disturbing is that even after ASIC takes over the ASX's supervisory powers this year, the corporate watchdog's market integrity rules, which take in most of the ...

GoMarkets Discussion

Look at no 7 — Look at no 7 on this one url

steps to follow when a broker scams you?

Funding via CC — Ok BK To expand on your idea "If I fund my account via CC; I make it a point to always withdraw within 30 days (or the minimum duration allowed by your broker)" Lets look at the worst case scenario Lets say I funded the ...

steps to follow when a broker scams you?

BK, Your advice is normally sound but I am surprised by your above statement... WHY is it that people ( as consumers) should accept this situation with OTC /FX marketplace? Will we accept it with LSE/NYSE/ ASX berokers? What amazes me is instead of ...

steps to follow when a broker scams you?

jackdan Why do you go to places like Cyprus? Having said that I am still struggling to find a SAFE OTC broker even in US/UK/AUS for FX But when I raised this issue people shouted me down just like they are shouting you down. M

steps to follow when a broker scams you?

Does this not mean anything to you? As Spot Forex is not a regulated investment instrument, the FSA’s client money rules (including those of trust status through segregation) cannot apply to this business. Why are you so keen to show that there is ...

Safe Broker...

Spot FX with ANZ! — Mr Smith Can you please share with us how one can trade SPOT fx with ANZ? Are you sure it is spot FX you are talking about? not Import/ Export FX? As on today in Australia no matter what the broker says... in Australia ...

Safe Broker For any Aussies

FSA and FX! — I asked the question to LCG Here is the response ONCE again this does not give 100% guarantee that FX is covered by FSA insurance. So no matter what they say afterward they admit that FX is not covered! [email protected] ...

Safe Broker...

Hello Rabid Your expose about this issue is spot on I know it is a old thread but I hope people take this issue very very seriously FSA / FSCS insurance is not very clear either when it comes to FX brokers as compered to Equity brokers

FDIC and FSA

I did ask them specifically about FX Here is what Mr. Robinson said By the way you are correct about MAS in Singapore... the only reason I would trust Singapore is "Changi prison is a horrible place " and would deter people from committing fraud... ...

Safe Broker...

Bestya2 The issue is no matter how big or small the client account size is it should be protected.. just becasue somebody has 1-2K only does not mean no protection is necessary Any way with FSA ... if you read the correspondence that I had with FSCS ...

Safe Broker...

safer way to trade FX — Perhaps another way to trade some FX pairs with some sort of protection of client moeny is to trade Currency ETF like FXA etc with a regular US registered and insured broker... url There are even ETOs on these shares ...

Safe Broker...

[quote=tx_sandman;4153040]My priorities would be : 1) an insurance scheme (FSA gives you 50K GBP per account === it's not huge, but it's something) That is what I thought but when I checked with the FSCS The response I got meant ( to me) at least ...

Safe Broker...

Currency Options — Do you mean Exchange Traded Currency Option? or OTC currency options? For ETO on currency any reputable US broker, OE/ TOS/ IB etc Also check out ETOs on Currency ETF by rydex ,, example stock code = FXA = AUD/USD For OTC ...

Broker for currency options?

Mate that is exactly what I was trying to do like many others ( 4000 accounts 83 million dollar client positions) and never ever thought that there is any risk other than Market risk Never thought that the country regulator's ( and Auditors) ...

GoMarkets Discussion

I am not at all saying that the entire OTC industry in AUS is crooks but certainly current regulations by ASIC allows crooks to get away with client money in worst case scenario Would we (clients) all not be better off IF ASIC - Create a National ...

GoMarkets Discussion

Acopalpto Coem to next Creditor's meetimng adn you will se eteh amger at both Sonray and ASIC adn Saxo I am not here to piss every Aus broker .. what I am doing is pointing to FACTS As they stand and As ASIC allows (toothless watchdog) READ the ...

GoMarkets Discussion

mate Apocalypto< image ______ {*_*} _______ Don't lecture me on this I know what risk is... and happy to take normal market trading risk not the BS created by ASIC and the OTC industry . It sounds like you guys in US are pissed off because you ...

CITI FX for non US residents

Blame the system, blame the brokers not me. — Sonray also offered FX, not just CFD and in any case CFD or FX the Client money / seg account remains the same The only way there is any protection in Australia is if Shares are held under HIN via ...

GoMarkets Discussion

Blame the system, blame the brokers not me. — Many people seemed to be annoyed that I keep raising this question But is it not more relevant now? that because of changes in US regulations many of uS and Eu clients are looking for Non US but ...

CITI FX for non US residents