Problem Prime4x don't PAY !!!

[DavidWalsh]

It's so simple. I'm a news and long term (H4/D1/W1) trader. We know that there is a big moneter crisis at Greek this year and it make Euro/GBP going down. I made much profit by placing more short(sell) positions at EURUSD and GBPUSD.

Well done. It's nice when you hold on to a winning position and it pays off handsomely - As a daytrader I find it hard to do that myself.

 

[otnaidus]

Help from NFA

I got reply from NFA.

NFA Customer Acknowledgment
From: Dan Pierson <dpierson@NFA.Futures.Org>
Re: Prime Forex, LLC (NFA ID# 401173)

Dear Mr. Thelof:

Thank you for the recent email you sent to NFA’s Compliance Department regarding the party referenced above. While NFA has developed a wide range of investor protection rules to safeguard the integrity of the futures markets and monitors all NFA Members for compliance, it appears that the firm in your inquiry is not a member of the NFA. As such, NFA would have no jurisdictional basis for proceeding with an inquiry. If you wish to pursue your complaint, NFA will forward your complaint to the appropriate regulatory agencies for further handling. In order to help us make this process as focused and efficient as possible, please provide me with copies of account opening documents, account statements, and any other documentation you have regarding your complaint. This information will help us identify any problems and direct any investigative work more appropriately. Please send all correspondence to my attention at the Compliance Department.

Sincerely,

Dan Pierson
Staff Auditor
National Futures Association
phone (312) 781-1507
fax (312) 559-3575

 

[Pharaoh]

That really means that the NFA is unlikely to do anything. The NFA only deals with NFA registered brokers. Call Dan and ask him what regulators he things would be applicable.

 

[DavidWalsh]

Prime4x not paying

What puzzles me is that why if there are lots of traders not being paid by Prime4x, why aren't there more people mentioning it on this forum?

Are there any traders who've been able to withdraw their cash out of prime4x? How would we find this out for sure?

 

[popov_acnl@hotmail.com]

They paid me within 48 hours without any problems. It wasn't a lot of money but still, -- and that is for sure. Their emails apparently work, those which I tried, I was able to chat with a person aware of my account.

 

[DavidWalsh]

They paid me within 48 hours without any problems. It wasn't a lot of money but still, -- and that is for sure. Their emails apparently work, those which I tried, I was able to chat with a person aware of my account.

Thank you for letting us know- much appreciated.

 

[haditoshinakata]

Guys,

Any update of this Prime4x matter?
Cause my withdrawals request via Liberty Reserve is not yet processed.

Regards,

 

[DavidWalsh]

Guys,

Any update of this Prime4x matter?
Cause my withdrawals request via Liberty Reserve is not yet processed.

Regards,

I know people from Iran have great problems getting paid. Are you from Iran by any chance?

 

[haditoshinakata]

Guys,

Any update of this Prime4x matter?
Cause my withdrawals request via Liberty Reserve is not yet processed.

Regards,

I know people from Iran have great problems getting paid. Are you from Iran by any chance?

Hi David,
I came from Indonesia.
It's supposed a lot of people here in Indonesia trade with Prime4x.
And actually a lot of them having difficulties to withdrawals their fund.

Any suggestion from all of you guys here, of ForexPeaceArmy's email address to be CC if i have correspondence with Prime4x ?

Regards,

 

[DavidWalsh]

sad Prime4x

Hi David,
I came from Indonesia.
It's supposed a lot of people here in Indonesia trade with Prime4x.
And actually a lot of them having difficulties to withdrawals their fund.

Any suggestion from all of you guys here, of ForexPeaceArmy's email address to be CC if i have correspondence with Prime4x ?

Regards,

What should we all do, that's the real question?

It seems we're all trading on a demo system!! What a sad company Prime4x has turned out to be.