Recent content by PaladinFX

Yes, this case looks pretty clear. Even if a withdrawal gets 'lost' (especially such a small one), the broker should initiate a new wire transfer, using his own money, and then follow up the 'misplaced' first attempt. It's not a trader's fault if his broker doesn't know how to fill a transfer...

BAFin will be useless here. The broker is not regulated in Germany, but in the UK, where he is registered (if he is regulated at all, that is). The only thing you can do in Germany is contact the provider or the local Kriminalkommissariat (CID Office) in Nürnberg. If BAFin could have been of...

I guess involving German law enforcement agencies won't achieve much, in regard of the provider. ISPs clearly state in their ToS that they are not responsible for content; they would not really have a way of checking whether a broker is honest either. As to reporting to broker, that'll be...

I have refrained from voting on this case. LiteForex's actions were unfair, but their ToS clearly describe situations like this. Whether the ToS should be as they are isn't the issue here, and Raji has signed them off (even though he probably hasn't read them, but that is beside the matter...

I have noticed that quite a lot of unregulated brokers seem to like using German ISPs ... wonder why (and can't say I like seeing it). German legislature and judicature aren't exactly known for leniency with cases like this. One is 'better' off committing GBH than a property offence in my...

:D That guy was really smart, losig his whole account on a single trade, hehe. If you read the video's original comments: many seemed to believe it was just a joke, i.e. not a real trade. Others gloated, lol.

FXGrant's server is stationed in Germany (*sigh*). IP is 78.46.100.171, belonging to 'Hetzner Online AG', located in the city of Nuremberg (correct German spelling Nürnberg, or Nuernberg). Here is their website. Cheers, P.

Yep, just my thoughts. And comparing English with Urdu was good for a laugh.

Haha, yeah ... and he'll need a call-back from his interior designer, too, I guess. Looks like he proceeded to wreck his place after the happy news.

Hey all, it's weekend, and many forex junkies are waiting for the markets to reopen. Incase you are experiencing withdrawal symptoms (such as staring at the candle on the dinner table and wondering when the damn thing will finally move, or waiting at a traffic light wanting to apply an...

Hi BigT1, don't worry, I'm not easily deterred. Let's not discuss who might have misinterpreted what any further. The important thing is that nobody, neither Raifa nor you or I, feels put down ... so all is good. Important is that Raifa got her money back (well, at least a...

Hi BigT1, it looks like you have misinterpreted the intention of my above post. It was actually supposed to be supportive. Apparently you think I got carried away a bit ... and you might be right, too. That last statement, the quote about her 'account manager' telling her to forget...

Hi Rafia, I've read this thread over the last minutes, and now have to make a conscious effort to close my mouth ... and try to lower my blood pressure to a manageable level again. What really got me going was this: Quote from email correspondence remarks: After this I didn’t get any...

That's a nice post. One has to adapt one's way of thinking. I usually ponder 'How could the biggies shaft the largest number of retail traders for as much money as possible in the current market situation?' and then try to act accordingly. It works surprisingly well, most of the time...

Adding to Mr Ingrassia's above post I would like to say that, personally, I find it hard to believe that somebody spends the time and effort necessary to open 'several fake profiles' and then instigates multiple trades on each of them ... all to gain 30 (or 60 or whatever small amount) dollars...