Tag Archives: substandard

Should question other banks and other substandard forex trading brokers from this Swiss National Bank CHF bombshell?

Should question other banks and other substandard forex trading brokers from this Swiss National Bank CHF bombshell?

This came in from someone via my Facebook group (thanks to him for stating)

Here is very interesting thread, especially the part of Saxo Bank trades execution. Poor guys, IMO once the order is executed at certain price, they can’t take it to the lowest low the next day. Poor guys. “”Initaly I was working with 20 000 USD, last morning 12:00 I fell to 16000 usd and I couldnt withdraw it from the account. After that they recalculated my loss and said that I am -400 000 usd, and a bit later -560 000 USD”” http://www.forexfactory.com/showthread.php?p=8000528#post8000528

 

For me I have always questioned shoddy operators like CMC Markets and Saxo Bank. As I don’t need stupid legal threats from Dukascopy, I will just say you cannot legally go after someone with a vague opinion. But read the link above to get a better of what really goes in these questionable brokers and operators of your money.

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NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!