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Report: #1101193

Complaint Review: FXCM - New, York New York

  • Submitted:
  • Updated:
  • Reported By: Anoymous-STOP-THE-SCAMS — Elkhorn Wisconsin
  • Author Confirmed What's this?
  • Why?
  • FXCM New, York, New York USA

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I will never do business again with this company, every time i get into a trade they continue to manipulate the currency against you to your stop take you out then resume the trend..Their pip spread is bad enough, but thats not enough for the scumbags, they want all your account money!

I have been reading about other forex companies that keep your trades Anonymous and protect your stops fom Criminal eyes. such as http://www.fxcc.com/  and i quote from their website " All your orders remain anonymous. No more Stop or Limit Hunting."  guess i will being doing business with trustworthy brokers since most of them are NOT!

I closed my account and did a ACH withdraw to try and get what money i have left from these dirtbags, hopefully they will be honest enough to do that?  I also found it funnny that other brokers send you a check if you want it, these guys dont allow it, and their website interface SUCKS!  becareful of doing businees in ny and chicago, from dirtbags

inlcuding equity brokers and other ECN brokers do you homework before you give your hard earned money over to criminals who only care about getting your money in their pockets! Another Scumbag Criminal Organization, minds well burn down NY and Chicago. and purify our planet from SCUM!

This report was posted on Ripoff Report on 11/21/2013 10:00 AM and is a permanent record located here: https://www.ripoffreport.com/reports/fxcm/new-york-new-york/fxcm-stop-hunting-criminals-new-york-new-york-1101193. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#2 Author of original report

Hedging not allowed

AUTHOR: Anoymous-STOP-THE-SCAMS - ()

POSTED: Monday, December 16, 2013

I find it interesting that other fx brokers allow hedging to protect your entry trade and some don't..

I have been happy with forexbrokerinc.com they give good margin, allow hedging have very tight spreads...

but are not regulated...so hopefully when I cash some out from my wins I get some money back

fxcm does not allow hedging, as well as mb futures.....both of these company's are regulated though..

 

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#1 Author of original report

Update On FXCM on Margin Trading

AUTHOR: Anoymous-STOP-THE-SCAMS - ()

POSTED: Thursday, November 21, 2013

I also wanted to add a video i found on youtube form someone who got screwed over by FXCM in reagards to closing their positions on Margin, when it was the most profit for fxcm and th1e most loss for you!

Where is the regulation for this?

http://www.youtube.com/watch?v=est2KLcI0r4

 

 

 

 

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