then how come u don't know about the fixed profit plan which they have in their armoury? Did you sense a red flag from that fact they did have a fixed profit no risk plan? will you withdraw and run away? did they tell you what happen to the premium plan as well?
even they mention the deposit is stored in segregated account. The bank account is still under the company account. They have access to the fund there. you do not have access to the fund in the trading account unless they allow you to withdraw.
Have multiple regulation is not a good thing too as what pharaoh mentioned earlier. Look at how many investors unable to get back their fund from Ironfx even though they suppose to have multiple regulations.
SFX markets only surfaced recently in late 2015 and 2016. Previously it was marketed to the russian. Although it stated that they are started in 2012, they are active only in 2015 onwards. So will they lasted over the years, who know? And nordhill capital is in affiliation with them, so if anything happen to SFX-Markets, will they be affected?
Since u see them so often, can you help me to get them to answer my doubts?
I don't know about the fixed profit plan because I simply don't have it, as you can see inside my cabinet. But you can be sure I'll be sending your question to Nordhill representatives to find out why? Thanks for that.
Let me give you an example, I trade my own money on the following companies: ETX Capital, Axi Trader and ICM Capital, and the next will be Darwinex, all my capital are on segregate accounts and yes the bank account is under the company's account, but as the capital is under my name, I'm the only one who have access to my funds, the company is not allowed to access my funds, as this is a breach of the law, I withdrew on all companies my profits without any problems whatsoever, now with SFX-Markets it's the same situation, I signed the LPOA with Nordhill and they are allowed only to trade on my behalf, they can't run away with my money, what they can do is doing bad trades and lose my entire capital.
I'm aware with the Ironfx situation and I want to share a quote from another website:
"Over 60 offices worldwide, and more than 1,400 employees providing support in over 45 different languages, strongly regulated worldwide, a partnership with FC Barcelona… if this is a scam, it is probably the most elaborated one I’ve seen and someone should give them the Oscar for Scams because they deserve it. And one more thing: if such a strong brand is suspected of being a scam, how should a legit broker look like?"
If you're not comfortable with SFX-Markets regulations, then go for Hantec Markets or Swissquote, or bring your preferred broker, but if you're not comfortable with a broker with 2 or more regulations, don't take Swissquote, as it's FINMA and FCA regulated. After Ironfx, I won't be surprised with anything else.
Let me give you another example: You've heard about smartforexfunds? They are regulate under UK territory, they work with Axi Trader, which is FCA regulated and still they managed to give losses to their clients, by the paper, it's a much stronger company than Nordhill when it comes to regulations and see what they've done to their clients (specially those one living in the U.A.E)
It looks you got the wrong information about Nordhill, this is the right one:
Nordhillcapital was found in 2013, as you can see here:
http://nordhillcapital.com/about
The oldest system has a track record from 2013 aswell:
http://www.myfxbook.com/members/nordhillcapital/hybrid-fx/1401181
(scroll down and you'll be able to see the other 2 systems: Hyper Fx and Gorilla Fx)
Hope this helps, I'll come back to your first question, as I was not aware about the fix profit plan.
Regards,
Marcelo
