worldwideclearing.com Review

rating removed - brokerages are not allowed to give themselves ratings
in answer to Mr Marais, he was in the market before an announcement on interest rates from the UK..they raised rates in a surprise announcement and he got stopped out as the market gapped thru his stops at the first available price. As the market never traded at his stop how could the order be executed at his stop. he got the best price available at the time. If he doesn't know how markets work he shouldn't be trading. I sent him the rates history and it appeared on all charts for the time period in question..he tried to scalp before a news announcement and got caught the wrong way...too bad. He was given adjustments numerous times when he shouldn't have been but wasn't going to budge on this one..hope he is doing better elsewhere but I doubt it It had nothing to do with the FCM it was his own ignorance of not knowing how markets work

I read here someone is actually happy with this incompetent SCAM. I like trading news and was shocked when I was slipped 50 pips and the final straw was 100 pip slippage on NFP one day. Billy Gordon at this company is simply playing the scam. I was sent quotes where the market apparently gapped 70 pips but could not find this gap on any other feed. BEWARE

Hello, Just wanted to say that worldwideclearing no longer exists. Since the new laws, effective 7/14/06 on the minimum cash reserves. They have change their name to Nations Investments. They merged with their sister company. Same address same phone numbers. Since the new management took over 6 weeks ago, my rating for them is dropping fast. If you can get in on the 2 pip spread thru currencycowboy@hotmail.com for the US majors and NOT trade the news you will be fine. Good platform. If you like trading news, STAY AWAY,STAY AWAY!!! I have been in contact with them on a regular basis during the last month. There is talk about changing my group rate of a fixed 2 pips spread, no commission to a 3 pip spread. If they do this I will take my large group of traders elsewhere. Thank you Leonard Lewis Currencycowboy@hotmail.com

I too had a managed account with Mr.Rustfeldt at WWC, I will however leave that much to the managed account reviews. As for WWC from my experience (only having a managed account) the customer service was excellent. Certainly due in large to Billy as I had most dealings with him. I give it only three stars because I did try a demo account but couldn't get my head around the chunkiness of there platform.

Having lived in south Florida for many years and managing a currency fund , myself, I can tell you that these people are the worst. Honestly, check out the dept of corporations and the cftc, these people give good fund managers and clearing houses a bad rap. If there was a "0" rating to post, I'd feel better than having to be forced to post a "1".