Yes I have been with LMAX at one point. I left them mainly because of their swaps, which I was finding especially bad. (why ? write me privately if you want to continue that discussion please)

Good UK ECN/STP/DMA Brokers with New York Close Charts?

Entheos: Interactive brokers for sure, they were almost perfect (the stories of people ending with a negative balance with them were on futures contracts, not on spot forex, and they have nothing to do with it) and I saw FxPrimus and ThinkForex who ...

Prime of Prime Broker

If you trade big enough (commission with minimum, must go for full lots to be competitive) and can handle their platform (or you need to use another one), I would say INTERACTIVE BROKERS, the broker I trust the most these days. Maybe have a look at ...

Good UK ECN/STP/DMA Brokers with New York Close Charts?

I agree, and if you want to know if a broker can be trusted or not, look at how they handled the CHF event on january 15. Very FEW brokers handled this in a fair way. Saxobank is definitely NOT one of them. I was regarding them as a decent broker ...

Prime of Prime Broker

If I'm not wrong, Sucden proposes a Saxobank white-label for retail customers, but they have more "institutional" accounts for pros. Now, it's more a futures trading oriented broker with access to other products as equities and fx as well. Their ...

Sucden Financial - is it a PoP ?

I'm glad new members are registering to write some clever posts, thank you Wblom ! Because whatever razor can't believe, on my side I just can't believe what he's writing. "people got slipped 'positively' for 4000 pips ". I agree the never say never ...

Brokers chasing you for negative account balance

An event on the Eurozone, like Greece exiting or things like this could trigger such a move.

IC Markets margin call

100% right, the broker has to demonstrate in court their claim and have the trader condamned to pay it. Undoable imo, and very unlikely they even try it. That's wrong. A company in liquidation can sue.

Brokers chasing you for negative account balance

You are right, by suspending trading and enabling it again at 0.85 for EUR/CHF, anybody using a leverage of more than 1:3.5 got 100% wiped out and ended with a negative balance. And that's with an entry at exactly 1.20. No choice, nothing that you ...

Brokers chasing you for negative account balance

Hi bg123, thanks for your post. I wish you good luck with the FCA. Keep us informed of the result !

Brokers chasing you for negative account balance

I'm sorry, but this does make as much sense as the rest of this post. How does all you wrote this time have anything to do with market makers creating a 1500+ pips gap that does not exist ? Were people selling or buying CHF, thus helping the SNB to ...

Brokers chasing you for negative account balance

Something just came to my mind referring to my previous long post, about broker CLAIMS: Oanda, advertised everywhere, and still is on their frontpage that "In the wake of the unexpected market events on January 15, we did not re-quote or amend any ...

Brokers chasing you for negative account balance

Yes, and Spread bet probably is a financial product covered by the Mifid directive too. Let the brokers demonstrate first how they handled the execution of the trades in the BEST INTEREST of the customer according to the directive and manage to end ...

Brokers chasing you for negative account balance

I never though you were. To me, you seem to correctly make the difference beetween the reality of things, and how you would like things to be. A lot of persons don't. I apreciate your comments as it enable me to think about the question: "Can this ...

Brokers chasing you for negative account balance

@wookey: I mainly agree with what you wrote. So, to you, if a broker shut down quotes and trading on EUR/CHF beetween 1.20 and quoted again @0.86 to execute all stop losses at this price (claiming there was no liquidity all that time) while ...

Brokers chasing you for negative account balance

Don't confuse things: All traders are OK to take responsability.They all find it 100% OK to take losses on this event. There could have been a few HUNDREDS pips of slippage on the execution of their stops, it would be acceptable. Now, having CREATED ...

Brokers chasing you for negative account balance

In this situation, it doesn't matter if your broker is a market maker or not ???? There is a HUGE LIE in all this story: If the price of EUR/CHF went down in a few seconds, or a big gap happened because there was effectively no liquidity, I wouldn't ...

Brokers chasing you for negative account balance

Oh Wookey, do you have a clue all the mentionned brokers are market makers ? They are the counterpart of all customers trades. You would be correct on an actual MARKET. I doubt they want to defend such a case in a court if law.

Brokers chasing you for negative account balance

I mainly agree with you. It just has to be noted that Dukascopy was initially a forex broker. They really only became a bank because Swiss legislation evolved and to be able to continue their brokerage activity in Switzerland. Their "Bonus" is just ...

Does anyone have any experience with Dukascopy?

I'm curious to see how they will handle this. And if it's really fair. I don't forget who pay them: The brokers ;( Good luck Ynben ! Unfortunately when I see how a lot of brokers behaved with the CHF event on the 15 january, including Oanda which I ...

Broker reverses $20K winning trades for alleged latency arbitrage