Minimum deposit was raised to 500$.

People who scalp usually place tight SL and small TP. That is why they have to enter and exit fast many in a day. Due to the small TP small spreads become the determining issue.

Use ECN to scalp could be the solution.

Comments only.

Regards

Anyone heard about anything that FINEX is under audit of the Swiss Bankcommision?

__________________
Trading software for the online investor.
Increase your results dramatically by buying the right values at the right prices.

I just tried finex for news trading

They execution 2-3 seconds, Very fast price feed

The problem they uses Market Execution which mean no Slippage control,

so sometime u get filled at End of spike and half of the spike, only 1 time i filled before the spike.

will try them more and see again.

__________________
MaXeY
Professional Trader and Forex Funds Manager

It seems FINEX may not accept new accounts or new fundings.

Means that something bad?

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Trading software for the online investor.
Increase your results dramatically by buying the right values at the right prices.

29.10.2007

We are pleased to tell you that the German Bank which will co-operate with Finex Group GmbH (“Finex”) is Varengold Wertpapierhandelsbank AG, Hamburg (“Varengold Bank”), a German investment bank founded in 1995 and specialising in managed futures, asset management and financial services in connection with foreign exchange and derivatives.

Varengold Bank offers services in online trading of Futures and Options, CFDs and Forex for private and institutional customers.

Varengold Bank plans to acquire the business of Finex. This deal is however conditional on the approval of the Swiss Federal Banking Commission.

Varengold Bank is based in Hamburg, Germany and publicly listed on the Frankfurt Stock Exchange (ISIN DE0005479307) and provides services foremost in the field of on-line trading of Futures & Options, Contracts for Difference and Forex for retail and institutional customers. It also pioneered the first fund of hedge funds with a focus on managed futures in Germany as well as being one of the first European-wide managed futures platforms, enabling investors direct and secure access to commodity trading advisors. Varengold Bank’s website is Varengold Wertpapierhandelsbank AG - WILLKOMMEN

We are delighted to bring our clients Varengold Bank’s business acumen, sound stability and longevity in the marketplace to add to Finex’s excellent execution technology in the OTC spot Forex markets. No retail brokerage firm active in the industry can, we believe, compete with the powerful combination of what Finex and Varengold Bank will now be able to offer in the marketplace.

Within the next few days you will receive further news regarding the opening of accounts, deposits, withdrawals and new product offerings. If you have any questions or inquiries at this stage, please do not hesitate to contact a Finex Customer Service representative.

In meanwhile clients funds still can not be withdrawn (more then 3 weeks now).

strange .....

very strange ....

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Trading software for the online investor.
Increase your results dramatically by buying the right values at the right prices.

It began like that with Neuimex too ...

I googled a bit and it seems Neuimex, Tradex, Finex are all using the same "scam technic".
It even seems the same people are behind it.

Can nothing been done against that?

__________________
Trading software for the online investor.
Increase your results dramatically by buying the right values at the right prices.

still no withdrawals possible.

__________________
Trading software for the online investor.
Increase your results dramatically by buying the right values at the right prices.