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You always ignore my suggestions, and always become personal to me.
You will not get that money if you always call me "stupid" or so on. If I am so stupid as you say and there is no any brain in my head how can I understand your questions?
I am not the owner of the company and I am not Delaling Department manager. I just represent the company on forums, my work is Public Relations. With all this going on I was trying to help you from honorable motives. But you never value me according to my merits, moreover you always offend and outrage me. So next time I do not want to talk to ill-bred human. Show your off-hand manners to someone another, please.
Everytime you post in this thread something about your and Yuli's case I will post the company's official attitude again.
I just can't understand the way your company treat our case..., like I always said:
all of my orders were coincide with Yuli's orders! you can check them up in our history/logs! we decided to open orders 3 minutes before market closed, firstly we thought that market closed at 23:00 server time, but after knowing that market still opened we suddenly decided to close our orders! I got $10 and yuli got $4! and then 3 minutes before market was about to be closed at 24:00 server time we opened orders again, both BUY AUD/USD! I got $445 and Yuli got $369, so NO CROSS!! eventhough according to your company it was CROSS! I wonder what kind of dictionary your company read about forex term!
what was the difference between profit $10 and profit $445 ? what was the difference between profit $4 and $369?? if your company were consistent with it's decision that I broke the rule :"The client confirmed that he/she received the Welcome Bonus not for members of his/her family or friends but for himself/herself"
then why my profit $10 and Yuli's profit $4 were considered as fair one and my profit $445 and yuli's profit $369 were considered as cheating??
the only difference is : $445 and $369 were bigger than $10 and $4!! if your company was really sure that I and Yuli broke your company rule, your company MUST not give us those profits ($10 & $4)! No matter how much our profits were, Your company MUST not give us those Profits since our accounts were ILLEGAL according to your company! But your company showed us it's weakness point, your company considered that our profits $10 and $4 were LEGAL and our profits $445 and $369 were ILLEGAL!! this is so STRANGE!! profit $445 and $369 were made from the same ACCOUNT with account that made profits $10 and $4! BUT your company cancelled our profits $445 and $369 because of this rule:"The client confirmed that he/she received the Welcome Bonus not for members of his/her family or friends but for himself/herself"
I really wonder with this circumstance....your company made it's own contradiction! your company always made me confused with "dynamic" statements regarding our main problem...I feel your company is playing games on us and treat us unfair, that's why I always make posting to pursuit for justice...that's all!
as long as I haven't got justice I will look for it until all doors were closed
EUR/USD
Open 1.3094 Close 1.3067
High 1.3380 Low 1.2975
Last week the EUR/USD moved inside the 1.3020 - 1.3430 series. Volatility made it likely to achieve good tentative profits. The market is looking for long-term path, which in the short term will be helpful to swing trading. Today opened with downwards low of 70 pips to the 1.2975 level. Usually, such actions are rewarded subsequently. The rule has met now. The overall situation for today is with declining potential, with initial targets towards 1.2950, followed by 1.2750. On the four-hour chart, the currency pair found confrontation at levels around 1.3385 with three failed tests of it so far. This shows that traders' outlook are still in favor of the Dollar. Today the new U.S. president Obama's stepping in the White House expected, which should start affecting the market. Technical indicators also show uncertainty on a daily basis as MACD is around the zero line and RSI around 50. If we consider the Fibonacci principles, we may find that the price in its corrective movement had reached a level of 78.8% at 1.3020, and then attempt to move upward at that time has stopped at 61.7% at 1.3380.
Toll-free numbers are available for InstaForex customers
If you have any question you can make a phone call using one of the InstaForex Toll free numbers right now.
Work schedule of Call-center is: 07:00 – 17:00 (GMT+00)
Toll free in USA and Canada: 1-888-472-1855
Toll free in UK: 0-808-120-1991
Toll free in Switzerland: 0-800-898-548
Toll free in Malaysia: 1-800-813-810
Toll free in Indonesia: 001-803-017-9108
Thank you, time-to-time for your comments. I was hoping to hear about what European traders think about U.S. based brokers, and our (up till recently) horrible regulation of them. Do you feel that brokers are better regulated in the EU? In any case, the CFTC and NFA have only recently been looking at retail forex. It is a new field in the land of trading here, since most trading, even in currencies, is exchange-based on the CBOT, the CFE, or the two major stock markets. They are only now starting to figure out what to do about these types of brokers. The capitalization requirements are the only thing I can see that they've done that have had any meaning.
We must have laws in place that ALL trades must be matched internally (trader to trader) or else sent outside to a liquidity provider. Until then, we will have a basic conflict of interest between ourselves and our broker, any time they take the opposite side of our trade. MT4 already lets them see all our orders, all our stops, and all our profit targets, for every trader on their system. So, they know exactly where to place opposite orders. For myself, I'd rather pay a commision to an ECN, and know that they don't care at all about the trade I'm making.
Thanks for your comments!
Well Dear Swiss Chocolate (Toblerone :-)),
this is nothing against US brokers. This is simply that US authorities and sometimes often US citizens think that their way of live and business is definitely the only thing the world needs. And that this is a kind of criminal you see actually - the financial crisis in my eyes is a result of the American way of live, where money comes out of the heaven.
The US have already influenced the world in a way that people here in forums (of course not the smartest guys) ask why a non US broker is not regulated by NFA. The US have manipulated the public in a way that so called 'traders' cry for NFA regulation (which they see as a kind of god) when a Broker from 'nowhere land' plays silly games.
It is a problem of people themselves. Each profession has to be learned. Only Forex people think is a cash cow. Countless the websites which promise you to become a millionaire within one day. People are not willing to accept that this is a hard job as each profession. And sorry - no broker can influence the market - whatever size he has. What do you mean with 'broker taking the opposite direction of trades'? This does not influence the trades of a trader. Brokers cannot influence this market. They only can play with stop losses and the rest you may know. And no NFA on earth can stop this.
If they place the requirement of 20 million - no problem. But why do they insist if US people are willing to trade offshore? Willing to take the risk? They imply that offshore is criminal - hiding that the US themselves market their own bank accounts and companies founded in US as OFFSHORE for everybody outside US.
US is the biggest market for Offshore companies for the rest of the world. But they refrain their people from using offshore. It is all about power and politics and influence and tax for them. Let the world come to us - but don't let our people go out.
This would be a long discussion but not the right place here. I myself would not trade with an US broker. They will cheat me and nobody will help me. I like my broker since 2 years and I have a good feeling. Even if he has not 20 Million in place. Check the web and make your due diligence. Sort out the people which are trading Forex as casino gamblers (they claim always) and you will find it.
These days show that the US is not the best way to make business - and Obama will have a hard job. I would not like to be in his place.
If you have any question you can make a phone call using one of the InstaForex Toll free numbers right now.
Work schedule of Call-center is: 07:00 – 17:00 (GMT+00)
Toll free in USA and Canada: 1-888-472-1855
Toll free in UK: 0-808-120-1991
Toll free in Switzerland: 0-800-898-548
Toll free in Malaysia: 1-800-813-810
Toll free in Indonesia: 001-803-017-9108
You'd be better to solve your client's complain that have been scammed by your company instead of making promotion your company phone numbers
this is nothing against US brokers. This is simply that US authorities and sometimes often US citizens think that their way of live and business is definitely the only thing the world needs. And that this is a kind of criminal you see actually - the financial crisis in my eyes is a result of the American way of live, where money comes out of the heaven.
The US have already influenced the world in a way that people here in forums (of course not the smartest guys) ask why a non US broker is not regulated by NFA. The US have manipulated the public in a way that so called 'traders' cry for NFA regulation (which they see as a kind of god) when a Broker from 'nowhere land' plays silly games.
It is a problem of people themselves. Each profession has to be learned. Only Forex people think is a cash cow. Countless the websites which promise you to become a millionaire within one day. People are not willing to accept that this is a hard job as each profession. And sorry - no broker can influence the market - whatever size he has. What do you mean with 'broker taking the opposite direction of trades'? This does not influence the trades of a trader. Brokers cannot influence this market. They only can play with stop losses and the rest you may know. And no NFA on earth can stop this.
If they place the requirement of 20 million - no problem. But why do they insist if US people are willing to trade offshore? Willing to take the risk? They imply that offshore is criminal - hiding that the US themselves market their own bank accounts and companies founded in US as OFFSHORE for everybody outside US.
US is the biggest market for Offshore companies for the rest of the world. But they refrain their people from using offshore. It is all about power and politics and influence and tax for them. Let the world come to us - but don't let our people go out.
This would be a long discussion but not the right place here. I myself would not trade with an US broker. They will cheat me and nobody will help me. I like my broker since 2 years and I have a good feeling. Even if he has not 20 Million in place. Check the web and make your due diligence. Sort out the people which are trading Forex as casino gamblers (they claim always) and you will find it.
These days show that the US is not the best way to make business - and Obama will have a hard job. I would not like to be in his place.
Take Care
Very interesting, reading all the links you posted.
I see where you are coming from.... The U.S. acts as a large source of offshore brokers to the rest of the world. However, through the actions of the NFA, imposing a capital requirement of $20 million (effective May 2009), they are in effect driving out all the "small players" from other countries. In fact, I was looking at ACM, based in switzerland, and they recently pulled their U.S. office out of the NFA, for this very reason.
But, I would like to point out a few things...
1. As a U.S. citizen, I'm allowed to set up an off-shore account with any broker I like. There is no law that prohibits this.
2. It is certainly easier for me to setup a domestic (U.S. based) broker account, since all they require for ID verification is my driver's license. Most other dealers offshore will accept a valid passport and a copy of a utility bill however, so this is not a huge problem.
3. It's not at all guaranteed that just because a broker is a member of the NFA, that they are going to only manage their business for the benefit of the trader, and usually the opposite is true. There is no exchange being traded on with Forex, which is why there is no way to know what your broker is actually doing.
4. I do agree that the primary reason for raising the capital requirement is to reduce competition among brokers. But then, if I want to perform due dilligence on a company outside of the U.S., how do I do it? Who should I contact? I know some of this I need to learn on my own, but you can see that it's harder than just going to a U.S. broker since I know who regulates them.
I'm currently leaning towards MB Trading at this point. They are the easiest company to deal with, that still maintains the objective of passing on your trades to someone other than themselves.
...I myself would not trade with an US broker. They will cheat me and nobody will help me. I like my broker since 2 years and I have a good feeling. Even if he has not 20 Million in place....
Hi TimeToTimeTrader - I'm curious who you're broker is. I'm looking for a reliable MT4 broker for one type of trading and don't care whether they are located in the US or not. But some of them located in Egypt scares me a bit.
You always ignore my suggestions, and always become personal to me.
You will not get that money if you always call me "stupid" or so on. If I am so stupid as you say and there is no any brain in my head how can I understand your questions?
I am not the owner of the company and I am not Delaling Department manager. I just represent the company on forums, my work is Public Relations. With all this going on I was trying to help you from honorable motives. But you never value me according to my merits, moreover you always offend and outrage me. So next time I do not want to talk to ill-bred human. Show your off-hand manners to someone another, please.
Everytime you post in this thread something about your and Yuli's case I will post the company's official attitude again.
I just can't understand the way your company treat our case..., like I always said:
all of my orders were coincide with Yuli's orders! you can check them up in our history/logs! we decided to open orders 3 minutes before market closed, firstly we thought that market closed at 23:00 server time, but after knowing that market still opened we suddenly decided to close our orders! I got $10 and yuli got $4! and then 3 minutes before market was about to be closed at 24:00 server time we opened orders again, both BUY AUD/USD! I got $445 and Yuli got $369, so NO CROSS!! eventhough according to your company it was CROSS! I wonder what kind of dictionary your company read about forex term!
what was the difference between profit $10 and profit $445 ? what was the difference between profit $4 and $369?? if your company were consistent with it's decision that I broke the rule :"The client confirmed that he/she received the Welcome Bonus not for members of his/her family or friends but for himself/herself"
then why my profit $10 and Yuli's profit $4 were considered as fair one and my profit $445 and yuli's profit $369 were considered as cheating??
the only difference is : $445 and $369 were bigger than $10 and $4!! if your company was really sure that I and Yuli broke your company rule, your company MUST not give us those profits ($10 & $4)! No matter how much our profits were, Your company MUST not give us those Profits since our accounts were ILLEGAL according to your company! But your company showed us it's weakness point, your company considered that our profits $10 and $4 were LEGAL and our profits $445 and $369 were ILLEGAL!! this is so STRANGE!! profit $445 and $369 were made from the same ACCOUNT with account that made profits $10 and $4! BUT your company cancelled our profits $445 and $369 because of this rule:"The client confirmed that he/she received the Welcome Bonus not for members of his/her family or friends but for himself/herself"
I really wonder with this circumstance....your company made it's own contradiction! your company always made me confused with "dynamic" statements regarding our main problem...I feel your company is playing games on us and treat us unfair, that's why I always make posting to pursuit for justice...that's all!
as long as I haven't got justice I will look for it until all doors were closed
I want to mention that fair way made profit by Yulia (4 USD) and by Barunia (10 USD) were withdrawn by them with their deposits.
if you cancelled their profits $445 and $369 you should also cancelled their profits $10 and $4
that is a simple logic, problems came when you said one is OK and the other one is not OK since you accused them breaking rule:"The client confirmed that he/she received the Welcome Bonus not for members of his/her family or friends but for himself/herself" Does it make sense?
just be fair.
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