Regulator will investigate on this.... the good thing is money are GAINS... i've already withdrew everything.....so i can wait ENDLESS time... and fight them....
You mean withdrew deposit and the scammed are the profits?
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Regulator will investigate on this.... the good thing is money are GAINS... i've already withdrew everything.....so i can wait ENDLESS time... and fight them....
You mean withdrew deposit and the scammed are the profits?
You mean withdrew deposit and the scammed are the profits?
they canceled only this CHF profit or all profit made before also?
Why ECN/STP brokers lost money if they were not actually Market Makers?
Their whole system proved to be a big failure.
Even if a broker is an ECN in this case ( unique CHF case ) there was not liquidity in the system to close the trade. The FXCM case and the losses they had show well this issue. So in this UNIQUE case was not the fault of brokers ( that usually try to scam us ). This case took the failure of broker fully regulated as Alpari Uk and other so I think now even brokers are victim of the " operative system " where the matching engines where unable to match the correct price due to zero liquidity in the electronic system. So even the broker will have problems with their liquidity providers ( banks )... but again this is a case more unique than rare.
Even if a broker is an ECN in this case ( unique CHF case ) there was not liquidity in the system to close the trade. The FXCM case and the losses they had show well this issue. So in this UNIQUE case was not the fault of brokers ( that usually try to scam us ). This case took the failure of broker fully regulated as Alpari Uk and other so I think now even brokers are victim of the " operative system " where the matching engines where unable to match the correct price due to zero liquidity in the electronic system. So even the broker will have problems with their liquidity providers ( banks )... but again this is a case more unique than rare.
Alexx, i don't agree a single word of what you say. I'm going to explain why:
1. How can a broker allow, if you read all the posts, to close traders 3 hours after the event?
2. Why the broker allowed to trades CHF without manage margin required since was so evident of the incoming event (SNB was buying a lot of currency, you can find on internet)
3. Explaing this: KPMG: Reviewing Alpari UK Trade Fills and Asking Customers to Cover Negative Balances (Alpari UK to ask client to cover negative balance WHY?)
And if you, again, read all my posts you can find Pepperstone talk about EA, price difference and so on...
So please BROKERS are never victims...