Recent content by Sergei

appletech, due to the sensitive nature of the matter, I would prefer to talk about the details in private. Please contact me by one of the above mentioned methods and I would be happy to discuss all the details.

Help is on the way If you have been scammed by Forexgen, please contact me through my website (listed in my profile). Forexgen funds recovery form (again, apologies to mods if links are not allowed). Feel free to PM or Skype me also - Skype name "killforexgen".

Yes, stop-hunting is real, although in most cases I don't believe it's your retail broker that is doing it. The best I've heard it explained was from a seasoned institutional trader. He says that, as a market maker, all you see are orders in the market and you try to get them filled. That is...

It is much safer to go with one of the bigger, well-known brokers. I don't wanna mention any names, but most people know who those are. I have never had any major complaints against any of them. There is no reason to go with an unknown broker, and plenty of reasons not to.

I find this to be a very simple and useful way of looking at your account: Let's say you are trading USD/JPY. If you want to long USD/JPY what you are in fact doing is buying USD with your JPY. However, since you don't actually have any JPY, you need to borrow it first and use a part of your...

Some of them complicate things even further by charging you different commissions based on monthy volume (the more you trade, the less they charge per trade). Anyway, nowadays most decent brokers, in one way or another, offer "fractional" lot sizes because they realize most retail traders...

Thanks that is good to know. I look forward to becoming a real part of the forum and believe I can contribute some value.

May I ask why you need 400:1 leverage?

Just noticed that about the PM privileges... What do I have to do to become Private? (Is that why they are called "private" messages? :p ) I am able to help with one broker in particular for sure - but don't wish to give out the name publicly yet. I believe I would also be able to help...

Yes, withdraw some of the funds. You can still manage your money as if you have 100,000 in your acct even if you don't - as long as that money is kept for trading purposes in another account and you have enough margin to cover all your trades if they go wrong.

IBFX currently offers a debit card, but ONLY TO US CITIZENS. International cards are "coming soon". There is no danger of accidentally over-drawing the card because the funds would first have to be transferred from your margin account to a "companion account" to avoid this scenario. Check...

Hi I am new in the forum but have been lurking for a while. I believe I can be very helpful to some people who have lost money to a crooked broker. I prefer to be contacted by PM because of the private nature of some of these claims.