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RE: [RT] fx trading



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FXCM are a bunch of crooks and the company is very well known for price manipulations through their platforms, attitudes of the ‘dealers’ are very bad and not helpful.  Their branch in Guangzhou got shut down last year by the PRC police.  You have been forewarned. FXCM is the pits in spot FX trading, ands so is CMC.  The only good thing about FXCM is that this company is well funded in promotion and marketing.  Hence, you are able to see their logo on Bloomberg.  Don’t touch it with a 20-foot pole.

 

Have a good one

Jeff Harteam

Hong Kong

 

-----Original Message-----
From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Rakesh Kumaar Sahgal
Sent: Sunday, March 18, 2007 10:04 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] fx trading

 

Not just FXCM but all these dealers(?). How do you protect yourself from spread going haywire?  What is the insurance against event risk? If you have the answers to these questions then as per most FX guys Oanda is the Rolls Royce of FX shops. I differ though, I would only go for an exchange traded product where I am not at the mercy of the one and only market-maker.


Rakesh

----- Original Message ----
From: Ben <profitok@xxxxxxxxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx
Cc: ntt-list@xxxxxxxxxxxxxxx; astrofin@xxxxxxxxxxxxxxx
Sent: Sunday, March 18, 2007 3:40:50 AM
Subject: [RT] fx trading

anyone has, good or bad ,experience with  FXCM?

 

 

going to open accounts to trade currencies,

 

not futures,, just actual  transfer  between 3  accounts, euro

 

yen

and

 

British pound 

Ben

or  what would you recommend

 

 


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