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FXCM Discussion

  • #6,641
  • Jan 26, 2015 9:12am Jan 26, 2015 9:12am
I've always been a champion of FXCM. Unfortunately no more.
Quadrupling the MMR on trades already open has done it for me.

Trades closed for high losses to avoid potential margin calls.
No more trading the account.

Still looking for a spreadbet broker with 1 point spread on FTSE.
Full-time trader and loving it!
  • #6,642
  • Jan 26, 2015 9:27am Jan 26, 2015 9:27am
Wait a minute... There was a post here from one guy from Kenya, an IB for FXCM or someone like that, a couple of minutes ago, who expressed his disappointment with how much FXCM has been delaying his customers' money withdrawals. The post has disappeared. Is this because FF is being paid by FXCM for not allowing any criticism to be published?

FF admins, can you answer?

Edit: I think this guy's nick is nkimandi
  • #6,643
  • Jan 26, 2015 9:28am Jan 26, 2015 9:28am
Jason, or whoever is now the FXCM rep, can you tell me if the Active Trader Group is still around???? Have not been able to get through to my account team......Actually cannot get through to anyone.....Maybe it's the approaching storm in New York today.......Maybe not? Are there people that still work in the New York HQ of FXCM???
  • #6,644
  • Jan 26, 2015 9:45am Jan 26, 2015 9:45am
Quoting xy76
Wait a minute... There was a post here from one guy from Kenya, an IB for FXCM or someone like that, a couple of minutes ago, who expressed his disappointment with how much FXCM has been delaying his customers' money withdrawals. The post has disappeared. Is this because FF is being paid by FXCM for not allowing any criticism to be published? FF admins, can you answer? Edit: I think this guy's nick is nkimandi
Yes even i saw that his clients made withdrawal request on 16th jan but not received the money till now.
GBP/USD
  • #6,645
  • Jan 26, 2015 9:49am Jan 26, 2015 9:49am
Quoting deepak925
{quote} Yes even i saw that his clients made withdrawal request on 16th jan but not received the money till now.
Precisely. Is there a conflict of interest here between FF forum members freedom of speech and FF's profits from advertisement money?
  • #6,646
  • Jan 26, 2015 10:00am Jan 26, 2015 10:00am
As more bodies start to float it is getting very difficult to know if your broker is really safe.

Even if it is still operating.

http://forexmagnates.com/exclusive-b...y-proceedings/
So, you think you have rights? LOL
  • #6,647
  • Jan 26, 2015 10:05am Jan 26, 2015 10:05am
Quoting xy76
{quote} Precisely. Is there a conflict of interest here between FF forum members freedom of speech and FF's profits from advertisement money?
You have to understand FF position.

If there is a run on the brokers FF goes down with it.
So, you think you have rights? LOL
  • #6,648
  • Jan 26, 2015 10:13am Jan 26, 2015 10:13am
FXCM's clients in France are starting to receive phone calls about their negative balance being reset to zero. Not sure about the reality of this yet since there has been no official declaration made by FXCM. Not sure if clients for other countries will be treated the same way.
  • #6,649
  • Jan 26, 2015 10:21am Jan 26, 2015 10:21am
Quoting xy76
{quote} Precisely. Is there a conflict of interest here between FF forum members freedom of speech and FF's profits from advertisement money?
Quoting ForexOracle
{quote} You have to understand FF position. If there is a run on the brokers FF goes down with it.

ForexFactory has one of the fairest speech policies of any size forum I know. They are not censoring comments, if it disappeared it's because the user hit the "delete" button. As far as FXCM not paying cash out until today, let's take a look at the circumstances. The company almost went bankrupt. The terms of the bailout weren't even posted until last Tuesday. Requests couldn't be made until the bailout funds were within FXCM's control at which point they could send you owed funds. After that, it takes a few days for transactions to be verified and sent - minus weekend days.

Stop panicking and making fools of yourselves with this paranoia and conspiracy theory nonsense.
  • #6,650
  • Jan 26, 2015 10:21am Jan 26, 2015 10:21am
Quoting ForexOracle
{quote} You have to understand FF position. If there is a run on the brokers FF goes down with it.
It will sink even faster if it becomes yet another commercial scam website. Reputation is everything these days and in this business. Difficult to achieve, easy to lose.
  • #6,651
  • Jan 26, 2015 10:23am Jan 26, 2015 10:23am
Quoting Kanzler
{quote} {quote} ForexFactory has one of the fairest speech policies of any size forum I know. They are not censoring comments, if it disappeared it's because the user hit the "delete" button. As far as FXCM not paying cash out until today, let's take a look at the circumstances. The company almost went bankrupt. The terms of the bailout weren't even posted until last Tuesday. Requests couldn't be made until the bailout funds were within FXCM's control at which point they could send you owed funds. After that, it takes a few days for transactions...

Kanzler, how do you know this guy has deleted his comment himself?
  • #6,652
  • Jan 26, 2015 10:28am Jan 26, 2015 10:28am
Quoting xy76
{quote} Kanzler, how do you know this guy has deleted his comment himself?
No personal offense intended but you've had your account since October. I've been here for over 2 years and was a lurker for longer, so I have some perspective. I know how FF admins run the site and I've never known them to delete content they don't like unless it is an obvious violation of their rules - in which case they are sent to the "recycle bin". If you saw this person why don't you send them a PM and ask them instead of shouting how the illuminati are here to censor you for FXCM?
  • #6,653
  • Jan 26, 2015 10:28am Jan 26, 2015 10:28am
Quoting Kanzler
{quote} {quote} ForexFactory has one of the fairest speech policies of any size forum I know. They are not censoring comments, if it disappeared it's because the user hit the "delete" button. As far as FXCM not paying cash out until today, let's take a look at the circumstances. The company almost went bankrupt. The terms of the bailout weren't even posted until last Tuesday. Requests couldn't be made until the bailout funds were within FXCM's control at which point they could send you owed funds. After that, it takes a few days for transactions...
It is not a big secret that brokers and FF itself have members ( specially " high impact" ones) posting on the forum.

They steer the posts on the direction the site wants, start interesting threads,do damage control, and keep things active when real members are not posting a lot.

This poster here is doing some damage control.
So, you think you have rights? LOL
  • #6,654
  • Jan 26, 2015 10:31am Jan 26, 2015 10:31am
Quoting ForexOracle
{quote} It is not a big secret that brokers and FF itself have members ( specially " high impact" ones) posting on the forum. They steer the posts on the direction the site wants, start interesting threads,do damage control, and keep things active when real members are not posting a lot. This poster here is doing some damage control.
If I really wanted to do some "damage control" I could just suspend your account via an immediate action report because I think you're an idiot. But that's not how most senior members (including myself) conduct ourselves and that's certainly not how Twee and the rest of the team here runs the site. You're entitled to your speech even if it is totally misinformed, inane drivel. Just don't expect some of us to stand by and say nothing about it.

Attached Image (click to enlarge)
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  • #6,655
  • Jan 26, 2015 10:31am Jan 26, 2015 10:31am
Quoting Kanzler
{quote} If I really wanted to do some "damage control" I could just suspend your account via an immediate action report because I think you're an idiot. But that's not how most senior members (including myself) conduct ourselves and that's certainly not how Twee and the rest of the team here runs the site.
LOL !! Go a head...I don't care
So, you think you have rights? LOL
  • #6,656
  • Jan 26, 2015 10:33am Jan 26, 2015 10:33am
Quoting Kanzler
{quote} No personal offense intended but you've had your account since October. I've been here for over 2 years and was a lurker for longer, so I have some perspective. I know how FF admins run the site and I've never known them to delete content they don't like unless it is an obvious violation of their rules - in which case they are sent to the "recycle bin". If you saw this person why don't you send them a PM and ask them instead of shouting how the illuminati are here to censor you for FXCM?
Yeah, I know, I am just a little ignorant who has been here since October last year, and you are a seasoned and experienced FF member, yet still the question remains unanswered: how do you know they do not censor comments here?
  • #6,657
  • Jan 26, 2015 10:35am Jan 26, 2015 10:35am
Quoting cogs
Funny, haven't seen 'Jason Rogers' around here for a while
Quoting Kanzler
{quote} Probably because he's not authorized to speak about most of the things the topic has been on the last 3 pages.
Hi guys,

I appreciate your patience while we work on answers to your most pressing questions, and I will continue to provide more information as I am able. I'm in the office Monday to Friday during US daytime hours, which is why I didn't post over the weekend.

Jason
  • #6,658
  • Jan 26, 2015 10:36am Jan 26, 2015 10:36am
Quoting xy76
{quote} Yeah, I know, I am just a little ignorant who has been here since October last year, and you are a seasoned and experienced FF member, yet still the question remains unanswered: how do you know they do not censor comments here?
I don't know for certain that they didn't pull a comment, but it would be a total shock to me. Just using my own past experience with this site and the time I did get into some trouble myself here, that's not how they operate. You really have to break a serious rule in order to have a comment removed. I've posted my own fair share of criticism for brokers and commercial threads, some of which was more than a little harsh. Never had anything pulled, FF prefers for the OP to manage their own thread. If they really don't like someone they can "ignore" them which bans them from posting again.

Edit: Anyway got to go, I'll check in later.
  • #6,659
  • Jan 26, 2015 10:38am Jan 26, 2015 10:38am
Quoting xy76
{quote} Yeah, I know, I am just a little ignorant who has been here since October last year, and you are a seasoned and experienced FF member, yet still the question remains unanswered: how do you know they do not censor comments here?
Note on his post above how he talks as part of the team. LOL

I come here to FF since 2006 so I know how things works.

Not only here but on pretty much all the forums around.

They have a lot of undercover members to keep the site interesting.

They start new threads, do damage control, steer conversations so the site can capitalize on it, post a lot when the traffic is quiet, etc....etc and etc....
So, you think you have rights? LOL
  • #6,660
  • Jan 26, 2015 10:40am Jan 26, 2015 10:40am
I'm with kanzler in this. I've seen posts disappearing in other threads. Some were very harmless posts and you could guess the user him/herself deleted it.

Perhaps the money is already the accounts of nkimandi's clients and he saw his claim was no longer true.
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