Don Quixote
Private
- Messages
- 22
Hi Pensee, Im sorry for your losses, I hope something can be done, and wish you the best. Ive been through this experience before with CMC markets, where they told me over the phone that they had deemed me to be a scalper (despite the technical and legal difficulties in defining that, since everyone is a scalper IMHO), and thats why they were no longer executing my trades in a timely manner. You will find that most "marketmaker" type brokers are in this camp, they have some clause and its simply a way to protect themselves from succesful traders (since they are trading against you in a sense). I would advise you go with an STP type broker in future if you are doing short term trades, or high frequency trades, youll pay more in the spread but you shouldnt run inot this excuse. But it seems this broker is not even credible to begin with, market maker or not.