Reading this, i wonder why i trade! I should make a broker, and scam people, as aparently there is no way whatsoever the justice would come after me, not any responsability anywhere. Definately, the business of the future, why should the bank ...

steps to follow when a broker scams you?

Cloggie, I think you are wrong. I think the regulation applies for all european clients, and non europeans aren't protected. I know i read that in cysec webpage. That regulation applies to eec citizens. I am now trying to find the link. But, also, ...

steps to follow when a broker scams you?

Actually, i think they did. They offered pamm account or investments. I think I remember one from FPA caiming about he wasn't refund from his pamm acct.

steps to follow when a broker scams you?

Document has been issued 17 december 2009. I did open my acct with them in january 2009. For as much google i would have done then,i would not have found it. But, again, we do not need to focus on prime4x, i took it as an example, but there are ...

steps to follow when a broker scams you?

Shrike, i concur with you, Cyprus is EEC, so is obliged to treat all EU citizens like nationals. i was reading this abt the Ombudsman : "The Body will also be able to examine and resolve cross-border financial disputes.". i will try to get their ...

steps to follow when a broker scams you?

Thanks shrike. I will investigate, and put it in the first post. This is actually a good new. I have been in touch with the cysec for another case ( the one i mention that i followed in fpa), and i must say they have not been very helpfull, beeing ...

steps to follow when a broker scams you?

Basically, i am not talking abt stop-hunting, or other tricks like these, but pending balances. You are not right when you say :"As to getting several victims together? Only in the US is class action suits acceptable". Not only in the us you can do ...

steps to follow when a broker scams you?

These are the statements from the very clever that definately would not help to solve the problem. Again, With these kinds of declaration, you would have Mr Madoff in his yacht, his villa first line to the beach and, enjoying the pleasure of live. ...

steps to follow when a broker scams you?

Cloggie, thank you for your advise, you must be one of those that after 1 day of life was singing like Montserrat Caballe and running like Usain Bolt, and after 2 days ol living discussing the relativity laws with Einstein... But unfortunately, we ...

steps to follow when a broker scams you?

I have read too much around, and have personally followed 1 case with FPA, where basically, they have done nothing. And me, i an still a novice there, despite 30 + post and 2 years membership ( they requierement are 2 post and 6 month for upgrade ...

steps to follow when a broker scams you?

Well, Barry, what you propose is basically what forexpeacearmy does, or is supposed to do, after filling their scam claim. With the internet comunity and so. What i am talking about is the step after. You mention the lesson learned, well, yes, but ...

steps to follow when a broker scams you?

Yes, true, but in other places, means nothing. Who would expect, for instance, that a well developped country like Finland, or New Zealand, register forex companies, but have no specific request to the brokerage firm, or Mauritius. You read, broker ...

steps to follow when a broker scams you?

now, i have it clear. Thank you for taking the time to explain it so well.

EURUSD

Tonyo, Huge drop from 1.4500? or around? i don't understand that if you see a huge drop coming, you have such a hight TP. Sorry for beeing noob...

EURUSD

Who would do that? Fitch?

EURUSD

Don't you speculate? lol basics of what we all do here, we speculate...

Cable Update (GBPUSD)

Yes, all tech are showing bullish, the Price action, the daily, weekly and monthly candles, everything... Even the taxi driver told me to buy the cable.... Rothschilds used to say that when his taxi driver was telling him to buy a commodity, he was ...

Cable Update (GBPUSD)

let's have a try. thanks, kikolool

VolcanoWMA Scalping

from my test, you can also add: (beware the spreads) gbpjpy eurjpy eurchf usdcad they came out good. eurchf is pretty wild lately, makes the things easyer.

The Scalpers Dream