Client fund ..Why should one not be worried? — I don;t know why you guys are out to point a finger at me? I am just trying to find out a safer way.. as a consumer what is wrong with that? Just trying to find a FX broker at par with SIPC type ...

CITI FX for non US residents

Guys Yes ASIC is to blame for creating this situation with respect to OTC product providers I also though that ASIC AFSL was good enough BUT the situation with Sonray has exposed this . Having AFSL does not protect the mum and dad client of a OTC ...

GoMarkets Discussion

You mention "capital adequacy requirements in Australia are very stringent so clients are also afforded that protection aswell." In what form? As per law broker is not supposed to use Client Funds for business purposes but if you do and then if ...

GoMarkets Discussion

You mention "So the only secure way to go about this, if you do not trust any broker regulated or not, is to park your spare funds in a bank account (" Ok but that is inconvenient. I hope with SOnray and other debacles ASIC changes the rules or ...

Issues with FXOpen

Client Money safety — Go markets You mentioned that you have a PI insurance that will cover client money in case of Fraud by your staff! Are you absolutely sure? that the insurance covers fraud by staff directors? Would you be able to upload ...

GoMarkets Discussion

The general broker business model, especially the US business model, does not fit into the Australian standards, and will result in heavy legal issues and problems with revenue How? From regulation point of view Does Australian market maker FX ...

IBFX Australia soon

Liquidity of FX options — Which FX options are liquid Per US or Per other currency? I mean is AUX more liquid than AUM?

FX Options Discussion

ASIC client money safety? is it really any good? — Although the client money is in a segregated account at the end of the day is it not true 1) These are not individual account but co mingled with other clients 2)In case of GOM Australia going ...

GoMarkets Discussion

Skyzer/Vikasone? Can somebody please explain in simple layman terms what each setting means? What exactly the strategy is and it's meaning? and in back testing how to apply thid to no of pairs etc?

Chamunda's MultiCurrency Strategy

back test losses — Hello Vikasone Back test looks good to start with then 1 trade wipes out Have a look

Chamunda's MultiCurrency Strategy

ASIC is atoothless watchdog — Hello You say ASIC in Australia is another regulatory body that is very tight with their rules. They require that brokers registered with them to have the funds of the clients to be held in an independent trust. ...

Issues with FXOpen

It seems you guys (US residents) are more worried about "Government becoming more of a nanny state" than Client money safety? DO YOU KNOW IF the cash and positions seating in your US FX broker are secured? as compared to SIPC covered stock broker? ...

no regulations stopping US residents from opening offshore accounts

Logic please — Hi Vikas Need to know what exactly the trading strategy / logic is with this EA Waht am I doing when using this EA I don;t understand what each variable means and in EA property you have many .. is there a layman's explanation ...

Chamunda's MultiCurrency Strategy

"nearer you are to the exchange the faster you receive the price data" Does that mean with stock exchanges if you are near NY, then your are better off? Or In Australia since there is only one ASX which runs on Sydney time..people trading from ...

Exchange Traded Spot FX?

Could you please explain what the EA does? is it same pair hedging?

Multicurrency ea for demo testing

Hi Vikas Looks promising but I don;t understand what each variable means and in EA property you have many .. is there a layman's explanation that you can provide? Need to know what exactly I am doing when using this EA

Chamunda's MultiCurrency Strategy

It puts one trade and then I get an "order send error image image

Chamunda's MultiCurrency Strategy

Would this work better on Hedged allowed accounts?

Chamunda's MultiCurrency Strategy

Yes Shrike That is a million $ question BUT HOW MANY PEOPLE HAVE ASKED IT? I apeal to UK residents/ UK clients to raise thid Question. "Now if the firm is regulated but the product not, does that mean that the free account balance is protected, but ...

Client Money Safety? suggest broker/ jurisdiction

FSA/ protection via fscs is it good for FX? — Shrike I tried to get a straight answer from url MY Question was very simple.. if I trade with FSA regulated FX broker ( not stock broker on LSE) are my fund covered by your insurance? BUT I ...

Client Money Safety? suggest broker/ jurisdiction