here is my first communication with Mr. Chanthru about cooperation and trading conditions. ECNPROFX allowed this type of trading so it is not true what he said.
This is only small fragment of all:
Greetings from ECNPROFX
My name is SP Chanthru and I am the Director of Sales & Marketing for ECNPROFX.
We saw your trade performance within this few days and we are impressed. Im writing this mail to offer you for fund management to our clients. We have a lot of enquiries for fund management. For a beginning as test I can immediately provide an account for a test run with us. As you aware we are STP broker and we earn from banks commission only. Therefore more trades is more commission for us. For clients fund management client willing to pay you up to 2o% profit sharing which will be deducted form clients account on weekly basis and credit into your account directly.
For further discussion you always can contact me on my skype id below.
Regards
SP Chanthru
Director of Sales& Marketing Asia.
Tel: +64 9889 2201
HP : +64 9889 0053
HP : +60 10-8255890
chanthru_s
sp_chanthru@ecnprofx.com
ECNPROFX | Forex Trading
23. december 2011
[8:13:32] chanthru_s: hi
[8:13:34] chanthru_s: how ru doing
[8:13:41] chanthru_s: im chnathru frm ecnprofx
[8:30:31] chanthru_s: we have clients aco**** to manage
[8:30:39] chanthru_s: i saw ur trade perfomance
[8:30:40] chanthru_s: n im impresed
[8:30:51] chanthru_s: would you like to trade few of our clints aco****
[8:31:14] chanthru_s: i can dissccuss the profit shating with them as per your arragnent
[21:32:49] chanthru_s: do u wanna trade my clients aco****
[21:33:02] viktortroska: sure
[21:33:04] chanthru_s: be a fund manager
[21:35:12] chanthru_s: ill give u good commiosion
[21:35:20] chanthru_s: because we are stp broker
[21:35:27] chanthru_s: we r not dealing desk
[21:35:35] chanthru_s: so we want more profitable tardes
[21:35:49] chanthru_s: mayve we can team up n do something in your country
[21:35:56] chanthru_s: for future develpoment
[21:36:03] viktortroska: we can open more trading accounts with your company
[21:36:11] chanthru_s: great
[21:36:14] chanthru_s: maybe ill visit u
[21:36:16] chanthru_s:
[21:36:20] chanthru_s: next month
[21:36:33] viktortroska: really?
[21:36:47] chanthru_s: yeah i travell all around the world
[21:36:58] chanthru_s: tell me yuour conditions
[21:37:03] chanthru_s: to trade
[21:37:12] chanthru_s: so i can tell my clients
[21:37:33] viktortroska: ok
[21:38:05] viktortroska: I can trade any account with deposit higher than 1000
[21:38:10] chanthru_s: ok
[21:38:16] chanthru_s: n pfofit sharing ?
[21:38:33] viktortroska: and 20% for beginig is ok
[21:38:40] chanthru_s: ok
[21:38:49] chanthru_s: in a day how many tardesu do /
[21:39:07] viktortroska: deppend on situation
[21:39:12] chanthru_s: n when u want to withdraw your commsion so we can minus frm clients account
[21:39:24] chanthru_s: can we do weekly withdrawal
[21:39:31] viktortroska: no problem
[21:39:32] chanthru_s: easy for u
[21:39:45] chanthru_s: but we cannot pay u via money booker
[21:39:51] chanthru_s: we can pay only via bank trf
[21:40:00] viktortroska: how many clients can you provide?
[21:40:01] chanthru_s: because the amount will be huge
[21:40:13] chanthru_s: now i have 10
[21:40:19] chanthru_s: with all 1000 deposit
[21:40:27] chanthru_s: u can start next week onwards
[21:40:35] chanthru_s: n 1 aco**** with 5 k usd
[21:40:48] viktortroska: no problem
[21:41:05] chanthru_s: how u trade all account ?
[21:41:11] viktortroska: I can try, but real time for trading is in January
[21:41:13] chanthru_s: u need multi terminal
[21:41:17] chanthru_s: yes
[21:41:30] viktortroska: no I don't need multiterminal
[21:41:40] viktortroska: I have my own software
[21:41:48] chanthru_s: ha ok
[21:42:08] chanthru_s: do u be online most of the time ?
[21:42:11] chanthru_s: if i need u
[21:42:16] chanthru_s: or to disscuss with u
[21:42:17] chanthru_s: ?
[21:42:25] viktortroska: no problem
[21:42:49] viktortroska: but let me know first
[21:42:53] viktortroska: by email
[21:43:01] chanthru_s: ok
[21:43:17] chanthru_s: u need to provide me you details so i can contact u r contac
[21:43:21] chanthru_s: when i need u
[21:43:24] chanthru_s: to disscuss
[21:43:35] chanthru_s: u knw we r diffrent time zone
[21:43:39] viktortroska: next week I have a free time but I can try
[21:43:51] chanthru_s: no prob
[21:44:14] viktortroska: where are you from?
[21:44:18] chanthru_s: or u have your own currency
[21:44:27] chanthru_s: im from new zealnd
[21:44:53] chanthru_s: we have alot of clients
[21:45:00] chanthru_s: asking for fund manage ment
[21:45:02] viktortroska: excelent... my dream country
[21:45:04] chanthru_s: ill refer to u
[21:45:11] chanthru_s: wreally
[21:45:15] chanthru_s: u been here
[21:45:32] viktortroska: never been there
[21:45:36] viktortroska: but I will
[21:45:49] chanthru_s: no prob ill bring u on
[21:45:50] chanthru_s:
[21:46:03] chanthru_s: what currency u se in your conutry
[21:46:18] viktortroska: EUR
[21:46:25] chanthru_s: ha ok
[21:46:35] viktortroska: USD no problem too
[21:46:45] viktortroska: but preffer EUR
[21:46:48] chanthru_s: anything else u wanna knw from our side
[21:47:01] chanthru_s: before we proceed further
[21:47:45] viktortroska: send me login details on real account and we will see
[21:48:04] viktortroska: FIX spread required
[21:48:10] viktortroska: no ECN
[21:48:27] chanthru_s: ok got it
[21:48:34] chanthru_s: ill mail u all detaisl on tuesday
[21:48:40] viktortroska: who is your LP?
[21:49:05] viktortroska: liquidity provider
[21:49:36] chanthru_s: jp chase, hsbc, dbs , maybank, bank of china, bank of tokyo, swiss trust
[21:49:54] chanthru_s: as i say we r stp broker
[21:49:57] viktortroska: one more detail
[21:49:59] chanthru_s: we earn on more trades
[21:50:03] chanthru_s: yeah sur e
[21:50:27] viktortroska: after you changed my account I gor more requotes
[21:50:42] chanthru_s: cannnot be
[21:50:49] chanthru_s: our deviation is 3 ?
[21:50:51] chanthru_s: std
[21:50:53] viktortroska: there are
[21:50:55] chanthru_s: from our bank
[21:51:01] chanthru_s: can u take a screen shot
[21:51:02] viktortroska: ok
[21:51:06] chanthru_s: or ping our server
[21:51:10] chanthru_s: ip
[21:51:16] viktortroska: no problem I send you log
[21:51:18] chanthru_s: n check the latency
[21:51:22] chanthru_s: pls
[21:51:30] chanthru_s: thanks for bring up this matter
[21:51:42] chanthru_s: so we can improve better
[21:51:58] chanthru_s: FYI we has been awarded 2011 best trading platform
[21:52:01] chanthru_s:
[21:52:08] chanthru_s: so we have to miantain this
[21:52:20] chanthru_s: feb 24th we are getting the award
[21:52:25] chanthru_s: in china
[21:52:27] viktortroska: wait a minute please
[21:52:34] chanthru_s: sure
[21:54:20] viktortroska: all of them were REQUOTED
[21:54:50] chanthru_s: ok
[21:54:51] viktortroska: and this is only few orders
[21:55:03] chanthru_s: i sawa your report in my system
[21:55:11] viktortroska: many opportunities today
[21:55:13] chanthru_s: its shows u r trading with latency
[21:55:20] chanthru_s: which mean toxic trades
[21:55:35] chanthru_s: u in n out within seconds
[21:55:43] chanthru_s: max2 sec
[21:55:46] viktortroska: ok
[21:56:15] chanthru_s: most of brokers do not allow thos tardes
[21:56:19] chanthru_s: but we allow
[21:56:25] chanthru_s: we take toxic flow
[21:56:29] chanthru_s: becasue our LP accept toxic
[21:56:42] chanthru_s: i have to trf u to only 1 LP
[21:56:46] chanthru_s: not to 5
[21:56:47] viktortroska: it is up to you, we can make big business
[21:56:53] viktortroska: together
[21:57:00] chanthru_s: which means our IT have to create a toxic group
[21:57:10] chanthru_s: n send your orders only to 1 bank
[21:57:24] chanthru_s: we cannot put your order to all our LP
[21:57:30] viktortroska: ok
[21:57:35] chanthru_s: the system will try to look for best price
[21:57:45] chanthru_s: for the broker
[21:58:07] chanthru_s: point noted
[21:58:18] chanthru_s: !
[21:58:34] chanthru_s: ill disscuss this matter with IT on tuesday
[21:58:42] chanthru_s: n get them to do it ASAP
[21:58:43] viktortroska: ok
[21:58:51] chanthru_s: but i need time
[21:58:59] chanthru_s: because it involve banks
[21:59:03] chanthru_s: approval
[21:59:07] viktortroska: this can increase profit
[21:59:11] chanthru_s: maximum 10 days
[21:59:20] chanthru_s: ok
[21:59:28] chanthru_s: anything else u wanna brong up
[21:59:42] chanthru_s: bring *
[22:00:53] chanthru_s: ok ill prepare the mail n send u the detaisl on monday
[22:01:01] chanthru_s: all clients log in details