Which is no different, but legal. It's almost as though they had been just waiting there for it to happen. They indeed charge me high spread. I use to trade with GFT years ago and loved their Dealbook platform. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
GFT Forex Basics
This is very strange indeed but no reason to claim that GFT Forex is a scam copmany. Withdrawals seem to be no problem with this broker. This is positive and makes GFT Forex look more reliable. Realised profit or loss can be adjusted afterwards. GFT Forex claims that the reason is that when you make your trade in another currency than your account balance is working with they have to make these adjustments. They are very small with low volatility but high when the volatility is high. Sometimes you will get some positive and sometimes some negative surprises.
The support is great. But the loading time is so slow. Please do something about it. This is not a nice tactic. Sometimes the prices bounce around without making it visible to the trader. It looks like the software shows other data then it works with. This is only to the advantage of GFT. FxPro is a broker we are particularly keen on: And the best part? With FxPro you get negative balance protection. FBS is a broker with cool marketing and promotions. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
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GFT could follow the lead of reputable ECN'S and major banks and which clearly disclose their settlement policy and offer advice on how to protect yourself from undesirable currency movements by eliminating all exposure with a Continuous Linke Settlement which is a. The Forex dictionary definition of a closed position reads as follows:. A transaction which offsets a previous open position.
If anyone has an opinion on this I would appreciate hearing from you. Yours sincerely, Alex Findlay FXcompliance comcast. GFT Forex is tight and great to trade with, regulations in 4 countries is an added advantage.
I was really not all that interested in doing battle with you and I had no plans on contacting you till the Statute of Limitations was about to expire. This is not the only time that I have seen GFT abuse my name to promote their business. I waited till GFT could not claim it was an error or oversight. After 40 years in the alcohol and adult entertainment business I know what it takes to win. I had a similar experience with the City of Myrtle Beach but they backed down early in the game.
If you check you will see that the State of Alabama amended their Sunday Blue laws rather than go to Court against me. Personally I think GFT is too dammed arrogant so I am willing to go this far out of principal for all those that you bullied into giving up. Before you bring it up I support prostitution but it is a legal and legitimate business in Nevada that is beneficial to society. It was a smart move to hire them to bolster your tarnished credibility. Now I have more and in another 6 months I expect I will have even more, but because of Boris and Cathy I am making a suggestion that we settle.
I have a number of emails from other GFT disgruntled customers, who have asked for my help and I expect you to diligently review their allegations also.
I am sending a duplicate secure message via the Bloomberg Terminal for verification so please do not get confused. Please respond with your decision upon receipt of this message taking whatever action you deem necessary. Forget about there charts I never looked at them. Its to much like FXCM. Its buggy and freezy. Net type platforms like Ninja Trader and Cunningham T4. A word to the wise from the so called professional traders here who are really noobs. Ill say it again.
E-signal is not a broker, they are an IT company. Brokers can mess with you through the data, and are not prosecutable because of data. Because it comes under electronic trading limitations. That is how they can get you. They cant front run trades, because that's illegal. So they simply delay the bars. Which is no different, but legal. IF you were on the wrong side of a trade you would have lost everything.
Money turned up missing in my account. Money disapears from your account. The dealing desk decides to resettle trades in their favor taking more pips. You will end up loosing money on what would normally be a profitable trade.
They have myriad ways of ripping you off. They are no one trick pony. I credit them for the variety and creativity of their methods five stars for that. First of all, their platform, which is touted as "state of the art", is actually quite old. When you place stops and limits on your trades, they will eventually initiate as new orders once your original trade has completed. So, if you should pick up a few hundred dollars on a trade, which has hit the limit you set for it, you have to go fairly soon to your computer to cancel the limit order before it initiates as a separate order.
If you are not around to do this, it will essentially reverse your previous trade and suck away all your profits. What a neat trick. Another complaint I have about them is that the accurate numbers on a trade are not reflected on the platform. I still can't say. When I called to inquire they gave me a song and dance about roll-overs, etc.