Still waiting for the evidence (a copy for an email sent twice to clients to notify them about the possibility of increasing spreads according to the market situation).
I was trading GBP/USD and the spread was fixed as 3 pips.
if you see these two positions with tickets No.(2165655 buy-2171664sell) for example from the statement you will find that the two positions closed on 2010.12.31 at 21:47 with price 1.5570 and 1.5577 {with 7 pips deference between buy...
yes,you will find their reply under name/ drm00dy on 09-29-2011
it's weak defense but still good to hear from them.
I want to mention again that there are two URL and two addresses for the company as below
http://www.afbfx.com
http://www.afb.com.kw
AFB - Arab Financial Brokers | Office...
Finally AFB replied
Finally AFB replied, thanks for drm00dy reply.
I could not understand the sentence (until this moment AFB still offer to their clients a fixed spread in all market conditions and in the same time they have the right to increase spread if they considered a necessary...
All Rules are available on the Web Site and The Frequently Asked Questions page via this link Islamic Investment, Forex Trading, Commodities Brokers, Oil Trading - AFB - FAQ
including Fixed Spreads Policy and No maintenance margin Policy
these are some of the Frequently Asked Questions :
If...
Two companies with different managements
I've asked Customer Care Department (live chat) in the old company,and they said :The original company AFB will still open and work.
but the Ownars opened a new company called AFB FX LTD.
each company has it's managements and each company works...
Recently on 20th of September, the company sent two messages to my email in two languages to say that they opened a new Company which holds the name AFBFX Ltd. and the new founded company is regulated by the CySEC (Cyprus Securities and Exchange Commission) which complies with the European MIFID...
What Done NOT Cover THE FIXED SPREAD POLICY
1)IF We Read What they Say in their Web Site Main Page Will See /
Why Trade with AFB? :Fixed spreads as low as 1 pip
- Ability to Hedge (Islamic Investment, Forex Trading, Commodities Brokers, Oil Trading - AFB).
2)On FAQs Page (Islamic...
Original FPA Traders Court Submission:
I am submitting the case against: www.afb.com.kw
My Case is: THE CASE Aganist
Name:Arab Financial Brokers
URL: http://www.afb.com.kw
Business: Forex
Address:Monther Building - AL Salhyah
Kuwait City - State of Kuwait
Regulatory:AFB a closed...
Gbp/usd
Another day, another positive PMI figure in Britain. Yesterday, the services PMI figure jumped to its highest level in 8 months, dragging Sterling over 1.62 on the Dollar and 1.18 versus the Euro before an afternoon of profit taking put an end to the rally. Again, the data points to an...
Yesterday, the dollar did strengthen marginally on signs of an escalation of the current unrest in Egypt which coincided with a general stalling of the risk rally. A better ADP employment report also helped the Dollar's cause, but market participants seem reluctant to read too much into this...
they contacted me as well
the sales staff contacted me and trying to let me open an account with them and they offered a good bonus for my first deposit!!
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