Bastard brokers -
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thread: Bastard brokers

  1. #11
    Junior Member thorcazo1's Avatar
    22
    Hey I was going to email Saxo and ask them to get their side of this narrative. Allow me to know if that would be OK with you.
    Thanks for the offer but I am sorting out this through my people and individual means even though I haven't heard anything from them in over a month even though I've been escalating the matter through the chain of command.

  2. #12
    Hey I was planning to email Saxo and ask them for their side of this story. Let me know if that'd be OK with you.

  3. #13
    Junior Member Oxso0's Avatar
    15
    View two messages previous
    LOL That's way one should never begin to compose a post and have a coffee break in both between then hit the submit button.

  4. #14
    Ok confused, how do they return 27K did they offset a lot of your profitable trades?? On what ground did they offset these trades and just how many are we talking about to make 27K ??

    I assume they haven't cancelled all of your profits, just how much profit have you got left??

    This is the reason why I've the 20K highest account worth principle, being chucked back to 10K start of every month not trusting brokers with this kinda cash.

  5. #15
    I've had problems with oanda before in which a transaction had been screwed up and dropped money. However, Oanda refunded it back without even me whining first. So you got your diamonds.
    Yeah, I've scoured their forums to get people whining. There are normally only posts about how they had been created good.

  6. #16
    I've had issues with oanda before where a transaction was screwed up and lost money. But Oanda reimbursed it back without even me complaining first. So you got your diamonds.

  7. #17
    I think each time there is a pricing mistake the dealer should be required to report to a regulators so we could be sure that cash lost by clients gets returned too.
    View two messages previous

  8. #18
    Junior Member Oxso0's Avatar
    15
    Is there anybody who ever received a notifiion like due to losses accured to you through pricing error we've deposted $ xxxxx.xx amount back to your account. I am not talking about spikes from the data feed that's very obvious.
    I think every time there is a pricing error the dealer ought to be asked to report to a regulators so we can be assured that money lost by customers gets returned also.

  9. #19
    Junior Member thorcazo1's Avatar
    22
    This is just more proof that as soon as you get to a specific stage, you should never trade using a dealing desk, it is all ECN at the point. If you are in the USA, (I believe I saw that) and they are in Copenhagen, I'd think 27k GBP might be worth a short trip over there. Even in the event that you invest a few million - it needs to be worth it.
    I've been looking for calm and patient about it but my patience is running short. I've tried to solve it with customer support but to no avail, and I then sent an email into the compliance officer but he hasn't responded. I get the feeling they do not wish to provide anything in writing, otherwisethey could get screwed.

    I am taking it one step at a time. I have all of the evidence from the trade confirmations, statements and emails that I have sent.

    You absolutley correct about dealing with an ECN but are too lazy about it but now I have no choice. Also, a friend of mine has over 3.75 Million stuck using a broker.

  10. #20
    Regrettably, I do not think these rules will be the same over. Do all brokers need to confront them? Seems as the NFA is really coming down hard on forex brokers . I guess there has been a lot of complaints similar to 's.

    I'm just waiting for the huge pricing mistake that's likely to bankrupt an FDM.

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