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We are sorry but the Website is temporary and a new design is on the way and i must say, i find it myself a little Sad.
Concerning the Money Transfer, You must understand that , Since a certain Swiss Broker (N.......) made a mess in the Swiss brokerage institutions and Closed without honoring its dues, all new brokerage firms Must, for a certain period (probation) be held accountable to a Physical Person and not an entity in order to prevent such things as solvability and Fraudulent foreclosures. This is why , The money you send is considered as international transfer and MUST pass by the Head office in beirut Lebanon , my place of residence Then transfered to Switzerland to reside in a segregated account under your name.
Thats the way things are and will remain untill we pass our period of probation due to some broker's mistake and then all will come back to order.
__________________
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
Hey...I think we are all curious what you look like Mr. A.... would you consider changing yuor avatar to a picture of you? Are you Lebonese may I ask?
ES
Quote:
Originally Posted by aleccoh
Good Day
We are sorry but the Website is temporary and a new design is on the way and i must say, i find it myself a little Sad.
Concerning the Money Transfer, You must understand that , Since a certain Swiss Broker (N.......) made a mess in the Swiss brokerage institutions and Closed without honoring its dues, all new brokerage firms Must, for a certain period (probation) be held accountable to a Physical Person and not an entity in order to prevent such things as solvability and Fraudulent foreclosures. This is why , The money you send is considered as international transfer and MUST pass by the Head office in beirut Lebanon , my place of residence Then transfered to Switzerland to reside in a segregated account under your name.
Thats the way things are and will remain untill we pass our period of probation due to some broker's mistake and then all will come back to order.
This running with the money would be interesting to see, How Can a Guy like me Who Puts His Name As Guarantee until Probation and is Regulated in THE MOST severe legislation in the world Run with the money that is held in a Segregated A++ Grade Swiss Bank ???? Please, you're still a junior member here so , Read Carefully the Thread and the aleccohFx Web site regulatory info's Before Posting.
To Frank The Tank2
I am Registered in Switzerland for the simple reason : aleccoh Trading Team is at the moment trading 2458 accounts in spot Forex which represents roughly 54 Millions $ in equity , and we need a serious Broker to Manage these funds, This is Why I chose to open the aleccohFx Brokerage Firm which is fully regulated thru SV, OARG, GSCGI and which accounts are FULLY HELD in Union des Banques Suisses or UBS Geneva under Segregated accounts Untouchable By the Broker even if it is me. Excuse me But i Chose these regulations over the NFA and CFTC regulations which are less Severe.
To Electric Savant
I am a Christian Lebanese and Proud to be. Our Grandfathers Fought to keep our Right to survive in the Arab World and we are doing the same.
God Save and Bless My Country Lebanon.
Concerning My Photo, You can Google My name or Yahoo it and you will see me BUT when it comes to Pro Trading and Forex, I'd Rather put the Photo of My Teacher as an AVATAR and a FLAG.
__________________
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
Perhaps if anyone dared look at the law about brokerages in switzerland, you would realise how full of shit alleccoh is... 2000+ managed accounts? YA RIGHT........ 58 MILLION? YA RIGHT...
It seem to me you are not telling us the whole story.
When you started the thread you said that you never lost , never even breakever for any account you managed. after a while when I asked you what happened with your accounts after the GBPJPY slip ,you mentioned that some accounts are in loss.
I am also from a nighbouring country to you (Jordan) , and bieng from Lebanon , bieng a christian or Muslim wont stop me from opening an acount with you. but the truth is that you dont have a case.
If i were you i would use the accounts that you already manage (54 Mil ) to jump start your brokerage firm. you dont need to advertise anything in a public forum if you are managing this amount of capital. and you dont even need new clients. when you are stable and successfull you will be amazed how people will find you.
Dont take this as a personal attack, it is only an advise that doing business on a public forum can bring you more damage than good.
Please re read thread when i answered about the drawdown and never the loss due to the famous crash that happened a weeks Back.
When you Push the Buy or Sell Button you already have a drawdown of 2 or 3 pips depending on the spread , is this a loss ??????????
All accounts traded suffered a severe BUT CONTROLLED drawdown and are recovering nicely because they are collecting positive swap each and every day and will continue to do so untill i decide again to relauch the agressive trading when things are more stable.
You must know also that eventhough we manage this amount of money Successfully , i pledged to open this brokerage firm for DIFFERENT reasons, NOT RELATED TO MONEY whatsoever. Please read all my post and you will understand WHY we opened this firm.
My dear Jordanian neighbour , all is not money and if you google my name you will see that , Thanx God, I NEVER LOST, NEVER BROKE EVEN and ALWAYS WON , since 1987 and that i dont need Money.
What i want to see is Traders WInning because of the service We offer and THAT IS FOR ME more important then money.
Salam habibe (i liked very much the ABDOUN AREA in jordan, congratulation on such architecture)
__________________
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
So I've been following this thread since the beginning and decided to try the demo account. The price feed seems rather odd though, and I've attached a pic showing the difference between an ECN broker and Aleccoh. Yes, differences are expected, but this much? And the other MT4 brokers such as IB** and FX** followed the ECN feed quite closely at this quiet time of day.
There are many times when the Aleccoh price charts do not even closely match other MT4 brokers, so I'd be interested in an explanation if possible please?
In your post you said that all account money is held in a segregated Swiss bank. However, you require members to fund money to your personal account in Lebanon.
Do you then transfer that money to the Swiss account? Can we just fund the Swiss account directly?
to Frank The Tank
Linear Mode
