to Frank The Tank 2, Omelette, Electric Savant, Riffster
Good Day All
aleccohFx is pleased to announce the end of its probation period on all accounts.
From Now on, all accounts opened under aleccohFx will be funded with Wires Transfers Directly to aleccohFx Firm instead of Mr Alexandre Habib Personal Account Since the Probation Period on aleccohFx is now Over and aleccohFx is now able to receive funds Directly as a well established Brokerage Firm.
All Accounts will be held in Switzerland As Stated on the Web Site and on numerous thread but MUST pass By the Bank's Head Office in Beirut Lebanon since they are considered as International Trabsfers For Obvious anti Laundry and anti terrorism reasons (except if you are a Swiss Resident) in order to then be Rerouted to the Bank's Swiss Branch.
All Accounts Will then be held under Individual segregated accounts numbers in Switzerland, each number representing an account holders for the purpose of protecting all funds from being altered with.
I hope that answered Mr Frank the Tank 2 question.
To Omelette
Yes we offer Microlots. This is how it goes.
If you open a standard account and trade 1 lot of EURUSD , each pip will represent 10$
If you open a standard account and trade 0.1 Lot of EURUSD , each pip will represent 1$
If you open a Mini account and trade 1 lot of EURUSD , each pip will represent 1$
If you open a Mini account and trade 0.1 lot of EURUSD , each pip will represent 0.1 $ ( or microlots)
We are in the process of implementing the 0.01 lots on Mini accounts so if you trade 0.01 lot of EURUSD, each pip represents 0.01 $ (nanolots)
To Electric Savant
As Usual you are right BUT you must understand this. The Swap free accounts have been initially introduces for Muslim traders who's religious beliefs Forbid them to pay or Receive Interest (Swap)
Now , In order to fully hedge someone's position in GBP/JPY , many traders unofficially used such accounts to do so. This is called in 99.99% of Brokers that offer swap free accounts : abuse and is treated as such (closing of all positions, Black listing, etc...)
Now the difference with aleccohFx is that we permit OFFICIALLY all traders, whatever the religion is , To do IT OFFICIALLY in return for a 5$ per lot per day rollover fee.
To Riffster
Please, Next time , let me have the pleasure of explaining the Broker's Price algorithm manipulation of markets (Joke)
You are right Riffster and Please Remain the HORN BLOWER i always knew and trusted since this is why i like you and your style.
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Good Day
aleccoh
After Spending Years Looking ForThe "Perfect Broker" We Decided That The Best Course of Action To Serve Our Clientelle Was To Open Our Own A Broker That Trades For You Not Against You
Last edited by aleccoh; 09-24-2007 at 11:22 AM.
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