Ah yes, I did read those before. At the time, I couldn't respond to them on any forums (and boy, FS did put them EVERYWHERE on the internet, although I didn't realize until recently that they were also posted here under another name). I do want to ...

Proposed NFA Capital Requirement

Which BS was that? I'm infinitely curious if its something that I missed or if I knew about it already.

Proposed NFA Capital Requirement

This assumes i-Trade FX was in opposition to this bill - we're above the cap requirements that will be in place, and I personally don't see any serious issues for us AFAIK. I'm guessing at the other firms' motivations (although obviously I have a ...

Proposed NFA Capital Requirement

Speaking as a member of one of those companies, it's hard for the brokers to do much of anything because there's no forex lobby. There's been some efforts to try and do something about making a lobbying group, but you have a lot of disparate ...

Proposed NFA Capital Requirement

Huh? This is a cease-and-desist letter, I agree, but it doesn't say *why* they were asked to cease-and-desist. It's an odd assumption to say that it has anything to do with the registration issue without evidence. If anything, it looks like a second ...

Proposed NFA Capital Requirement

There were two discussions in this thread. One was a person who had an issue that did end up being resolved. I merely responded to the thread to encourage people to send me a message if they had an issue. A delay in one person's withdrawal is a ...

Is this Broker good or bad?

I'm actually not familiar with The Dr and I only know Don by what I read about CFG later online.... by the time I came onboard here, we had received the accounts and were getting calls. It was always kind of interesting to get CFG clients on the ...

Proposed NFA Capital Requirement

We do primarily use ICTS Wintrader (aka, ACT), and we're working on other things as well.

Proposed NFA Capital Requirement

I couldn't really say what percentage withdrew (mostly because I don't know). Some did, some stayed and are happy. I talked to a number of different CFG clients back in the day, and if they wanted to leave, we let them. I don't know what FXCM was ...

Proposed NFA Capital Requirement

This sounds oddly familiar...

Proposed NFA Capital Requirement

O....kay... I lived in Miami, and it wasn't quite THAT bad in the government offices. And believe me, Miami is basically THE Wild Wild West on anything else. (see "driver's licenses; lack of") I've lived in Florida for almost 20 years now after ...

Is this Broker good or bad?

That makes no sense. How could the dealer make more money using MT4 than they could with their proprietary platform? That logic only makes sense if the company is renting another platform and MT4 is cheaper than that platform. An in-house platform ...

I'm done with FXDD

The funny part though is that so many clients request MT4, most firms would be foolish not to at least consider offering it - the introduction of MT4 by a firm might just be a matter of giving clients what they want. I will also say, it would be ...

I'm done with FXDD

Unless our marketing department is being extremely secretive AFAIK, I don't think he's being paid by us. Then again, we'd have to be idiots to pay him after he badmouthed us months and months ago. We used to have bets in the office who he might be ...

Proposed NFA Capital Requirement

I will tell you, this is one of the most frustrating parts of my days as a broker. There are a LOT of companies out there who say they have no dealing desk - and many of them are misleading the potential clients or clients in some way. Worse, I know ...

Blatant Lies from a broker?

Heh. I can understand not wanting to feed any trolls, but trust me, people do read these things, and then I'll get a call from a client with nothing more than an internet post asking me some question that has nothing to do with me or my company and ...

Interbank Security Breach

I'm sorry - I'm going to feel some umbrage at your rant. As posted elsewhere on this forum, I work for a forex only FCM based in Florida (according to net cap, one of the bigger firms), and the attitude that you have to be based in Chicago before ...

Interbank Security Breach

I can't really comment on that posting... a lot of it makes sense, but other parts don't. The thing about Net Cap is that its (roughly) like a savings account for the firm. It's excess money above what you're required to have. The NFA is constantly ...

Proposed NFA Capital Requirement

Here at one of the forex firms, it's interesting to see how much attention is paid to the net cap. It's certainly an important number. However, I would say that maybe one out of every twenty clients that I talk to have any idea what it means. They ...

Proposed NFA Capital Requirement

Anyways, I need to head home now. Orlando traffic can be a pain at times during rush hour. I'll be around to answer general forex questions as I see them on here. Feel free to contact me via this thread, but to be honest, most of the questions asked ...

i-Trade FX | Introduction