Hello Mr. Aleccoh !


I just wanted to throw in that yes , IceGold is a very reputable and longstanding exchange agent for e-gold..i use the also since a few years..

But if possible u could offer a few more alternatives..

For exampe e-dinar in the UAE /where i prefer to hold funds) and c-gold (commerce gold) from malaysia..they are quite reputable services themselves (c-gold still beeing a "young" service)....

In my humble oppinion i would NOT use credit cards as FRAUD is very common with them and this fraud industry defintly grows bigger each year)

just my thaughts and cents i look forward to become a customer in a few month..when ur office opens in switzerland !

All the best in ur endeavour !

__________________
"Everything that is really great and inspiring is created by the individual who can labor in freedom."
-Albert Einstein
"A paranoid is a man who knows a little of what’s going on."
- William S Burroughs
“You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.”
- Warren E. Buffet

Nothing wrong with credit cards any respectable company uses them the fraud side is getting less and of course they put restrictions on them to stop fraud and money laundering.
Debit cards in USA are ok for the USA but not international it will still come down to fees thats the cost of doing business debit cards have huge feees.
Visa/MasterCard/Amex fee is all priced in so works out ok.
The gold exchanges are good but they too have fees and always have problems and possibly maybe an added headache for any business.
Bank wire and credit card seem the 2 most professional terms.
Of course send a check but many banks have different time periods on international checks these days.

__________________
No

Good Day

I think my response in Forexbastards.com needs to be Pasted here for you to see. So here goes :

My name is aleccoh and i am the head trader of aleccoh trading team, which is a team of traders that has been trading for Private Clients in banks since 1987.

I opened aleccohfx brokerage firm for 1 reason only :

To give the clients of "aleccoh trading team" the best execution possible : No slippage, No spread widening and most of all , Swift execution and NOT to be scammed anymore by other Brokers.

I was convinced by many traders to open up this brokerage firm to individual traders (outside the aleccoh trading team) in order for them to be able to have the same execution as my traders.

Unfortunatly, i saw a lot of newbies coming to aleccohfx to Scalp, getting out at 1 pip or less trying to saturate our servers with 100's of modify orders and saturating our support personel with ridiculous questions like for instance :" why was my order not filled at price on the USDNOK or USDSEK that i am scalping ???" and posting SCAM on many forums.

If the price of not tolerating these nonsense traders is to be called Scam, then Hell yes we are the Kings of Scam.

I was obliged by my liquidity provider to put a strict rule : 5 minutes and 7 pips minimum or the outlaw trader will automaticaly be put on Dealing desk until he behaves.
Third warning and he is out.

In a word, if you are looking to have fun, please DO NOT come close to aleccohfx, you are loosing our time and our servers bandwith. This broker is reserved for "aleccoh trading team" traders and some serious traders who are looking NOT TO BE SCAMMED and to be filled AT PRICE and i am considering closing the door to Not serious traders very soon, I don't need them and they surely can find some bucketshop broker to have fun with.

Concerning the News Traders, I promised and i delivered a Garanteed Stop order and fill of all orders 5 minutes prior to news. So welcome to all real Stradlers or after spike traders.

We have a lot of traders respecting these straddling criterias that are winning , and this makes us proud and happy but some expect us to fill them at spike, and this is dead and buried in the trading world and the broker that does this, fills you VIRTUALY on his responsibility or freezes his servers and widen his spread. We do not do this but all orders are taken, booked and Finished 5 minutes prior to news and WILL BE HONORED even if they are 5000 lots wide.

In regard to No swap accounts, these are "Pro no swap institutional accounts" that i introduced to both the team and to serious traders and margin requirement is very strict.
They are "legal no swap accounts" and Not "tolerated no swap accounts" , so do NOT be afraid to ask us about the way you are carry trading, these accounts are made for this and for you who want minimum risk.
We do not want to see you loose by over leveraging these accounts so please USE support for all questions.

Concerning My Swiss affiliation, We and Spacevision have recently come to a Memo of understanding and are both filled and cleared by the same liquidity Provider : UBS GENEVA.
Our registration is common and our bureau is common since the third of september 2007 (creation of aleccohfx)and we are in NO WAY white label of anybody but under M.O.U.with Spacevision SA and many other brokers and liquidity providers.

Our International offices are in Beirut Lebanon Since i am lebanese and in NO WAY intend to leave my beautiful and great country and our HQ is in Switzerland Geneva.

Our representation offices of both aleccoh trading team and aleccohfx are all over the world

All funds WILL transit by Beirut Lebanon to be cleared for AML (anti money laundry) Before reaching UBS Geneva where they will remain until withdrawal by the client.

Concerning Who we are, you can read all you want on another forum that i won't mention here out of respect for felix (the forum owner) and his great "Forexbastards.com" achievement.

Finaly, i want to thank dearly all the people who posted here, most of them are our clients and some of them ARE NOT.

If you are not a client of aleccohfx and are trying to post us a 5 star just to say thank you for the aleccoh trading team making you money , please thank you but NO THANK YOU. I respect this forum and i dont want it to be spammed , if you insist, please post only once and give us a NO raring , it is much better for this forum.

In a word, if you want the same Pro feed and garanteed executions the "aleccoh trading team " is having , come to us. If you want to have fun , please stay away, we are not here to entertain your scalping and spike trading fantasies, go to a broker that will virtualy fill you and then NOT pay you , it is better for us and for you.

Good Day

Alexandre Habib Phd AKA "aleccoh"
Chairman A+ Holding
CEO aleccoh trading team
CEO aleccohfx

__________________
Good Day

aleccoh

Hello aleccoh,

I sent you a PM about... 2 weeks ago and no reply. Did you not receive it?

Hello Aleccoh,
I am glad to read your response, most of all because I do not feel myself anymore concerned nor in the dark hell of all the bad boys and bad scalpers : I never close a trade before 300 seconds (average trade life time is 21 minutes).
So I start to taste the sweetness to have a good broker !
Nevertheless, you did explain many time that one of the best qualilty of AFX is to guarantee the filling of the orders, and I would like to say that up to now, my experience regarding that is not so clear .
I am not trading the news, so my problem is not to enter on a spike, but more to exit when a simple TakeProfit is reached.
It's true that when a StopLoss is hit, the trade is immediately closed, and this is very important, but for me it's also important to have the same security when a TP is hit.
This evening, I had again 3 orders, they TP were hit, one 6 times and for another the quote goes over by 6 pips many times, and no one was closed.
It was not a problem of spike, nor of time: the TP were set at the opening and the shortest delay from opening was 18 minutes.
This behavior generates a lot of frustration, and I would like to trade in such a way that me, you and UBS are all happy !
So please, could you ask UBS to know what are the exacts rules used to close a position when its TP is hit ? (maybe the TP is to be hit 3 times, or the quote has to go over by 6 pip, or ...)
There is no problem at all to have rules, but everyone has to know them.
If you need more infos about my un closed positions, just let me know.
So, Aleccoh, thank you again and all the best to AFX !

On the pic, you can see a sell position and the level of its TP which was hit many times.

Attached Images

eurchf m1.gif (14.6 KB, 342 views)

For the record I am not yet an AleccohFX client. I probably will be soon though.

Hi Aleccoh!

I have been searching for honest brokers for more than a month and it seems that your brokerage is an honest one. Howerever, since I am a newbie I am concern about your minimum $500 for mini account. Lets say that when I am trading for the first time and unfortunately I sit on a losing trade, and force to close the position in which will give me -ve figure and thus my original $500 becomes $450. So the question is can I still trade eventhough my initial loss was small. Anyway can I suggest if possible that your brokerage could accept Paypal as one of the medium for transfer and receiving money... Thanks

Good Day all

To kjhfdj.........

Hello, long time no hear, i hope your trading is doing fine and the technique that we discussed a month ago has already produced 13% this month with a total DD of 7%.

to pureguava

I am sorry, i missed this pm, can you resend it please?

to Michel

Yes indeed you are right, it is NOT the fault of aleccohfx or you or UBS , it is the Damn API between MT4 and direct feed that produces these problems.
I checked this on our servers and found out that indeed , neither did the SL been honored neither did the TP on this exact position because what we saw between 11 pm and 1 AM are purely and simply graphical spikes due to ECN data feed interruption. No harm done here because of this , SL or TP hasn't been touched because of the graphical spikes as promised.
By the way, I am impressed by your trading, in a word Bravo on the huge performance.

to scott TTM

looking forward to this sir

to akmdbz :

You can trade up to 0$ sir, the initial 500$ are the minimum deposit thats it. Do not hesitate to contact support for any matter you might have, i opened aleccohfx for this reason to.We are implementing paypal and credit card as we speak sir.

__________________
Good Day

aleccoh

............

hi allecoh,

that is good to hear! I will surely join your broker before end of this month. Still familiarising with your demo platform.