We have had an account with SparenFX (Sparen FX) and have been happy with the operation of same for the majority of the time that the account has been operational.
However, in the past months we have requested withdrawals but have not received same. This has been ongoing.
Sparen offers the excuse that all of their funds were tied up due to problems with Eurowire halting operations when ING purchased PostBank. We can verify through news sources that Eurowire did indeed halt operations following the bank buyout -- that is a matter of public record, however I find it somewhat difficult to believe that funds cannot be transferred anywhere merely because Eurowire isn't operating.
The good news is that we are told that Eurowire will re-commence operations this week, so hopefully we will not have long to wait prior to verifying the story -- one way or another.
The bad news is that Sparen's once beautifully operating platform has now started sticking really badly to the point of being pretty much untradeable, so it appears that we will no longer be able to trade effectively using their platform anyway.
Does anyone have additional information about this broker, or the ability to verify if whether or not their story about Eurowire creating complications for them is accurate?
However, in the past months we have requested withdrawals but have not received same. This has been ongoing.
Sparen offers the excuse that all of their funds were tied up due to problems with Eurowire halting operations when ING purchased PostBank. We can verify through news sources that Eurowire did indeed halt operations following the bank buyout -- that is a matter of public record, however I find it somewhat difficult to believe that funds cannot be transferred anywhere merely because Eurowire isn't operating.
The good news is that we are told that Eurowire will re-commence operations this week, so hopefully we will not have long to wait prior to verifying the story -- one way or another.
The bad news is that Sparen's once beautifully operating platform has now started sticking really badly to the point of being pretty much untradeable, so it appears that we will no longer be able to trade effectively using their platform anyway.
Does anyone have additional information about this broker, or the ability to verify if whether or not their story about Eurowire creating complications for them is accurate?