How easy is it to make money having a brokerage!! Just keep the accounts segregated, and earn your money out of the comission or the spread difference.
When the client want his money back , take it out of the segrated account and give it to him. That is that easy.
You can earn fortunes in pip and comm, more because you stand aside and look at it, and see your account growing.
It is so difficult to make a good name, and so easy to loose it, that i do not understand how the poeple of GIGFX are behaving the way they are.
They delay the withdrawals, mine was. A friend of mine too. They now are lying, because they state they are getting regulate, but CYSEC confirm they have not filled any documentation.
Gee, Mr Owner of GIGFX, give me your business, i buy it from you for 1 usd (what is worth now) and doing the things right, comunicating with your customers, getting to agreements and respecting them, you can get out of this mess, and keep on with that so easy business of a brokerage. I'm just joking about the purchase, but this could be a solution. A complete new management, someone more educated than the two you rude selfish you had working there before. Sell the brokerage to all of these you own money,maybe they would be interested.
I just do not understand why you try to put the errors on the name of third parties. You are the final resposible of the monies deposited, no matter who recieved it or not, because it is deposited in the trading account under your brokerage firm's name, so basically, you (gigfx) recieved it somehow.
Also, Your company is in Cyprus, becuase the contracts are signed there. Even if now you try to make us belive you are in the US.
Poeple with problems, take a yellow page of cyprus.
Cyprus Yellow Pages and search under lawyers. There are plenty. Hire one and go for this. Cyprus is european union, and these scams are beeing well punished here. GIGFX is cyprus company.
i also recommend you all to make a backup of your log files.
Mr James Hallway, do the things right, assume your responsability, as legal representative, and speak with the owner(s) of gigfx to sort these problems.
Surely, a bad agreement is always better than a good trial. And retake the project, because, as i said, it is expensive and complicate to set up a brokerage. Once you have it, and so many clients, how the damn can you let it go down like this and loose all it's good name and credit.
I just don't know.
To all, good luck with your problem.
My kindest regards