I used Anmaric RHO managed account for more than a year. They had an excellent performance . But last Friday nearly all the funds were lost by strange trades. Within seconds they opened and immediately closed positions (more than 280 in total with 1.7 lots each). Finally I lost more than 24000 €. Up to now I did not get any feedback from them. Only the Broker 3TG Brokers sent me a message:
Dear Valued Client,
the recent negative performance of several of 3TG Brokers' major money manager partners’ trading systems affected the company in a largely negative way. After careful deliberation the management of 3TG Brokers decided to cease all operations as under the current conditions the company can not continue its operation in an economical way. Along with the termination of the trading service, the company has decided to transfer all client funds to a custodian account from which all clients can receive their funds in a safe and transparent way currently held with the company. The repayment process involves several hundred transactions, therefore we would like to ask your patience.
While the repayment process is in effect unfortunately 3TG Brokers support can not process any other inquiries.
The Special Administrator of the custodian account is responsible for ensuring that all funds have been cleared from the company account and to satisfy all rightful client claims from the custodian account. In order to allow the Special Administrator to fully oversee the process, the company provides a list of all client accounts with their closing balances available for withdrawal. All client data will be handled with full discretion, only used for the repayment process. The order of the processing of the repayments are stricty based on the receipt of the payment request. The repayment is considered concluded upon a successful transfer of the funds due. Once the repayment is successful 3TG Brokers considers all other monetary claims waived.
In order for the repayment process to be as smooth as possible we would like to ask you to send your claim via your registered e-mail address with the subject "withdrawal" containing the following information:
- Your name and registered address
- Your trading account number (if more than one, than please inlcude all withdrawals from all accounts in one e-mail, with all required information)
- The amount of funds you wish to withdraw (You can check your balance in your latest Daily Report of the trading activity e-mailed to your registered address, by logging in to your account through the MetaTrader Client Terminal or logging in to the Client Zone on the 3TG Brokers website by using your credentials. Your credentials are your account number as your login and the password you entered during account registartion.)
- Your bank details you wish your funds to be transferred (Bank Account Holder's Name, Bank account number (IBAN), Bank Name, Bank Address, SWIFT code)
Please note that 3TG Brokers can process EUR and USD transfers.
to withdrawal@3tgbrokers.com.
Thank you for your cooperation!
Best regards,
3TG Brokers Operations
I am aware of risks, which are related to trading. But this strange open and close has nothing to do with trading. But it might have had the goal to create volume for the broker and burn the account of clients. It is said, that Anmaric kept about 30 million $ of client funds.So this could have been a good business for a small broker like 3TG.
Dear Valued Client,
the recent negative performance of several of 3TG Brokers' major money manager partners’ trading systems affected the company in a largely negative way. After careful deliberation the management of 3TG Brokers decided to cease all operations as under the current conditions the company can not continue its operation in an economical way. Along with the termination of the trading service, the company has decided to transfer all client funds to a custodian account from which all clients can receive their funds in a safe and transparent way currently held with the company. The repayment process involves several hundred transactions, therefore we would like to ask your patience.
While the repayment process is in effect unfortunately 3TG Brokers support can not process any other inquiries.
The Special Administrator of the custodian account is responsible for ensuring that all funds have been cleared from the company account and to satisfy all rightful client claims from the custodian account. In order to allow the Special Administrator to fully oversee the process, the company provides a list of all client accounts with their closing balances available for withdrawal. All client data will be handled with full discretion, only used for the repayment process. The order of the processing of the repayments are stricty based on the receipt of the payment request. The repayment is considered concluded upon a successful transfer of the funds due. Once the repayment is successful 3TG Brokers considers all other monetary claims waived.
In order for the repayment process to be as smooth as possible we would like to ask you to send your claim via your registered e-mail address with the subject "withdrawal" containing the following information:
- Your name and registered address
- Your trading account number (if more than one, than please inlcude all withdrawals from all accounts in one e-mail, with all required information)
- The amount of funds you wish to withdraw (You can check your balance in your latest Daily Report of the trading activity e-mailed to your registered address, by logging in to your account through the MetaTrader Client Terminal or logging in to the Client Zone on the 3TG Brokers website by using your credentials. Your credentials are your account number as your login and the password you entered during account registartion.)
- Your bank details you wish your funds to be transferred (Bank Account Holder's Name, Bank account number (IBAN), Bank Name, Bank Address, SWIFT code)
Please note that 3TG Brokers can process EUR and USD transfers.
to withdrawal@3tgbrokers.com.
Thank you for your cooperation!
Best regards,
3TG Brokers Operations
I am aware of risks, which are related to trading. But this strange open and close has nothing to do with trading. But it might have had the goal to create volume for the broker and burn the account of clients. It is said, that Anmaric kept about 30 million $ of client funds.So this could have been a good business for a small broker like 3TG.
