There seem to be 2 general complaints with Plus October 9, at am. How much unsegregated cash does Plus actually have? They promise to add money to your account by submitting personal documents such as your passport, ID and a bill to confirm your address. Neither would I. For example, the broker offers various orders and account types, as well as execution and pricing models, which provide instant execution and floating or fixed spreads. Delkos Research. Friendly guys. I just wanted to share my experience with Plusfew years back I was not happy to trade with them at all and stopped for a couple of yearswhen I tried them again few months back I could see a huge differenceeverything was changed in a positive waysome they said its a scam but I deposit and withdraw money very easily without any complicationsnow they have their online chat supportif you have any issue they are very supportive and they reply to you very fast. March 15, at am. Arbitrary expiry procedures Customers note how to deposit bitcoin to bittrex from coinbase how frequency trading cryptocurrency Plus sets arbitrary expiration dates for contracts that do not best and cheapest way to learn day trading los angeles the underlying instruments and are not always clearly communicated or adhered to. Because of all this I missed out on some potential important gains. Just their personal made platform. Trader Vijo complains that Plus closed his account after two years of trading, without announcement or reason, and made a new one for him while not transferring all of the money or positions on his old account. Gotham City Research is on my mind as I write. The reallocation has no impact on Group consolidated revenue. So the multiple failed m margin plus500 meaning forex.com forex peace army requests is now a complaint and it m margin plus500 meaning forex.com forex peace army that you have now lost the balance of your original account while you lodge a complaint with the Ctrader demo account nasdaq level ii trading strategies pdf Financial Ombudsman. They sometimes mix legitimate concerns with misunderstandings of typical financial contract terms. Overall, FxPro caters to the needs of a diverse range of traders. Complex derivatives like binary options, CFDs, futures, and other leveraged financial instruments were swing high swing low technical analysis tradingview penny stock screener developed for professional investors to manage risk and lower tax and transaction costs. April 13, at pm. September 19, at pm. Dylan says:. Andrew says:. Consequently, I now value the cash plus potential earnings from the current customer base at GBP 0. In Part 8I commented that I have no way to asses the merits of individual claims of unfair treatment on the Plus platform. No more attention pressure on my life Im really happy cuz i quit.
I am financial investment professional having 22 years of experience. I call on the company to respond directly to the outstanding questions raised in this series. For example, the broker offers various orders and account types, as well as execution and pricing models, which provide instant execution and floating or fixed spreads. So never trade with these scammers. September 28, at am. Technical Contact: Sordo, Dror hostmaster plus Because of all this I missed out on some potential important gains. It is interesting to review what that actually entailed. Technical Contact: Haber, Hedge hostmaster plus There is nothing wrong with deposits, withdrawals, support etc. The US SEC and Department of Justice are not likely to look kindly upon US persons profiting from the operations of a foreign securities firm that is not authorized to operate in the US, while using US means of commerce to promote that entity. Crazy Marketing The Whois record for 10pips. March 22, at pm. In , estimated revenues from customers in Europe were also disclosed. Are the directors also comfortable with the historical operations of that entity? On to Part 7: Or was Plus operating an undisclosed subsidiary? Gallery Mobile Trading Rank: 17th of 30 Alongside providing its own app for account management and market news, FxPro's mobile lineup is powered by the same third-party providers as its desktop and web-based platforms: MetaTrader MetaQuotes and cTrader Spotware. Trader joe says:. In my view, a great deal of responsibility rests with the Israeli Securities Authority to take a more active role in supervising the worldwide actions of its companies.
I have a headache having tried to read. August 26, at pm. Others seek customers in countries with significant demand for investment but less developed securities markets and regulatory apparatus. This is significantly more than disclosed in the Admission Document and annual filings. Cryptocurrency traded as actual. Basically, the same thing is happening for me in a few occasions. Then it happened. January 16, at pm. Where do you find an accurate general market price to compare to the quoted price given by the cfd company? Trader Navras replies with the same experience. I found a way to catch their algorithm. January 9, at pm. Please read their statement. If I have no news from them in 24 hours I will get immediately in touch with my lawyer to start a process through the regular channels. They have been added to lines D and E in the table. So i thought, let do it for real. Trader Freedom Capital on an English-language website describes how a Bitcoin contract with a November 30, expiration date was closed in mid-November and replaced with a daily expiration with higher costs without notice. Often you have to explain everything 3 or 4 times through chat, than through email and than someone calls you to solve it. Plus is a well known CFD broker that attracts traders with an unlimited demo account. With all the scam reports we hear and all the negative stuff in this industry, Day trading as an llc instaforex server time zone have to say thumbs up for these guys.
Lee says:. Other customers have reported suspicious timing of rejected withdrawal requests, despite proper documentation, that occurred within minutes of new positions being opened. Currency Pairs Total Forex pairs. Plus make money when the customer looses!!! September 26, at am. Comparing commission-based pricing, FxPro's all-in spreads total cost of trade are roughly 1. We already know that 10pips. Not a real problem, but a huge red flag for such casino sites practices. Gallery Mobile Trading Rank: 17th of 30 Alongside providing its own app for account where can you trade volatility indices trading reading charts and market news, FxPro's mobile lineup is powered by the same third-party providers as its desktop and web-based platforms: MetaTrader MetaQuotes and cTrader Spotware. There is no place I could contact in their web page.
I raised a request but never get any feedback and lost USD as the price moved against my position. Some traders claim prices quoted on Plus demonstrate higher volatility than the evolution of the underlying, resulting in additional losses for leveraged traders. Somehow they manipulate the price to their gains by making you continue losses. Just thinking that I probably bought it when the rate change without notice. I have no way to assess the merits of individual claims, but making it more difficult to withdraw funds when customers are profitable would be broadly consistent with a business model designed to ultimately separate customers from their deposits. So I go and look at the chart at plus platform and I see this few second spike from to , obviously coming back to few seconds after that. COM NS2. The nice thing about Bitcoin is that there is a blockchain transaction record that covers every transaction on every major BTC exchange. Deon says:. Barrie says:. Contract expiry typically occurs on a weekend at the last Plus quoted price on Friday not necessarily the relevant underlying price —this is how Plus records profits on Saturdays. I very rarely used the support and when I did it was only for a couple of minutes. COM NS Within a week they closed many my positions so I lost EUR. Plus is a well known CFD broker that attracts traders with an unlimited demo account. But at Plus there are no such incidents. Two very useful websites, the historical whois records lookup on Domaintools.
Valuation For the time being, I therefore assess Plus as a going concern. July 25, at pm. January 20, at am. Dick says:. All data submitted by brokers is hand-checked for accuracy. Best trading strategy for bitcoin historical btc data bittrex customers have been contacting journalists, short sellers, and the FCA, they really should be in touch with a competent multi-national law firm. More details are in Part There is definitely scope for streamlining this process. In any case, who is allowed to operate Plus in Europe may shortly become irrelevant. I am not an attorney, but I have four theories of how legal liability could attach to Plus as a result of these and other actions, some of which were referenced in Part 9. They closed my positions within the same day, even I did not put closure value. We reviewed your account and would like to inform you That as you already agreed by accepting the New User Agreement, due to a 10 mistakes new traders in forex make ibook morton finance binary options change — from The Financial Conduct Authority FCA to the Cyprus Securities and Exchange Commission, your old account was closed on Good luck…………. Then it happened. Full email reproduced from the thread m margin plus500 meaning forex.com forex peace army. In other instances, profitable positions remain open and exposed to market risk because Plus chooses not to make quotes available on the platform using bollinger bands by john bollinger metastock 14 crack its discretion. January 27, at pm.
That is like trying to create and open a business in a single day and on top of that expecting profit immediately. This estimate is based on the potential profitability of the customer base as of Q1 using ARPU and margins. January 18, at am. Note: Leveraged products, your capital is at risk. Dylan says:. Jonson says:. August 11, at pm. Steven previously served as an Editor for Finance Magnates, where he authored over 1, published articles about the online finance industry. Wayback Machine archives of 10pips. If Plus has in fact manipulated its platform to the disadvantage of some users, there will be significant consequences.
Omar says:. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. As a result, I published a price target that was too high. But at Plus there are no such incidents. However, as you said, they indeed have some regulation issues. Very suspicious. Topi says:. Darrell Du Plessis says:. Comparing commission-based pricing, FxPro's all-in spreads total cost of trade are roughly 1. Any advise would be appreciated. What did I find? It does not note explicitly that it accepts affiliate marketers located in jurisdictions where it is not authorized to operate, including the United States. May 1, at pm. In other words, Interactive Brokers is not a bucket shop. The total number of inactive customer accounts reached further record highs.
Despite additional scrutiny of its financial statements, Plus has managed to reference three different cash balances excluding customer funds as of 30 June They have been added to lines D and E in the table binary options auto managed account co trading system forex. In other words, Interactive Brokers is not a bucket shop. In addition, Gotham keeps me mindful of the fact that the Internet is global. Plus appears to have an undisclosed Belize subsidiary called Geostrading Ltd. Administrator Armijn and Linda figure out that it is different for all users. Earth Skyman says:. Thank you for reading. Ioannis says:. Web Platform. Dick says:. March 15, at am. I am financial investment professional having 22 years of experience. We already know small cap fashion stocks how to be a independent stock broker 10pips. At root, what illicit online brokerages have in common is the promotion of trading activity as a form of gambling rather than investment. They pay him the money he first spend. November 3, at am. They are a total scam broker. Brevity is clearly not my strong suit: the latter half of this series received noticeably less traffic than the first few posts.
Your capital is at risk. As a result, I published a price target that was too high. On to Part 7: Or was Plus operating an undisclosed subsidiary? September 22, at am. April 18, at pm. If you want to start a real trading you need to choose a solid ECN broker, where conflict of interest does not exist. Your email address will not be published. Difficulty closing positions Several users have reported unexplained, system errors that prevent positions from being closed while in a profit position. No content herein should be viewed as advice regarding the value of any securities or the advisability of investing in, purchasing, or selling securities. I have my position closed automatically due to margin call. Order Type - Trailing Stop.
Plus, on the other hand, has no such qualms about making its marketing materials accessible in jurisdictions where it is not authorized to operate, including the United States. November 16, at pm. The only way to deal with this is wait and be patient I guess. Publicly Traded Listed. The reallocation has no impact on Group consolidated revenue. They are a scam and they robbed my account and opened trade on Sunday. June 6, at pm. It is also unclear why the adoption of FRSwhich did not modify revenue recognition, would result in a switch from gross revenue to net revenue reporting in the first place. This affects both traders and introducing brokers. FxPro Direct: While the FxPro Direct app does not support trading, the broker's proprietary app enables account management e. You cannot just scam your customers when being a publicly listed company. I look forward to feedback from readers and clarifications from the company. September 22, at am. I have my position closed automatically due to margin. Within the user agreement they state that they are how to convert eth to btc on coinbase cryptocurrency buy sell tips counterparty the other side which means when you sell an instrument they are the buyer and when you buy they are the seller. The website was pulled without warning less than 3 weeks before the license was granted, angering some affiliates. Trader Johanserv complains about inexplicable differences between quotes at Plus and on other financial sites. John B says:. The response was interesting. So I go and look at the chart at plus platform and I fxcm group investor relations best share to buy now for intraday this few second spike from toobviously coming back to few seconds after. I continue to believe that if the questions raised in this series are not adequately addressed, the company will ultimately cease to continue as a going concern and hence reiterate the stated cash balance as my price target. Cable Car is registered as an investment adviser with the state of California and may be required to register in other jurisdictions where it does business in the future.
Registration with option strategy high volatility tradestation lock windows Securities and Exchange Commission or any state securities authority does not imply a certain level equity trading capital course reviews plus500 tweakers skill or training. The advantages of plus is low spreads, well. Your current account is exactly the same as the old one, simply under a different regulation. Please be aware that when examining a scalper we look at the overall trading activities, rather that just on a certain position. Good luck…………. May 18, at pm. Ali Ozeir says:. February 6, at pm. Albert Street Belize City, Every legit broker should act in this way. Try reversing the process and receiving those funds back into that account which POLI and other services handle. Investments are not FDIC insured and may lose value. I will get the long story short:. The only way to deal with this is wait and be patient I guess.
Jurisdiction shopping is common, and companies facing sanctions in one country sometimes simply move customer accounts to another. Wayback Machine archives of 10pips. What platform is the best? The problem you have is lack of skill. Maybe that helps. They enter into contracts with Plus and are paid for each referral they get for Plus Jed Sparks says:. Plus retroactively changed the expiry date of an outstanding Bitcoin contract, resulting in a loss for Trader Peacock. If i buy price go down if i sale price go up itshappen with over open positions. September 10, at pm. Default order sizes are very high relative to customer account balances. Oh and app kept locking up when trying to END open Trades. Valuation For the time being, I therefore assess Plus as a going concern. If you want to start a real trading you need to choose a solid ECN broker, where conflict of interest does not exist. Cable Car, its principals, and its clients may hold positions, long or short, in such securities or commodity interests, and Cable Car may trade without informing readers. Highly recommended for beginners, Plus got me into trading and proved to me that i actually have an ability. Plus is a well known CFD broker that attracts traders with an unlimited demo account. Because of all this I missed out on some potential important gains. I continue to believe that if the questions raised in this series are not adequately addressed, the company will ultimately cease to continue as a going concern and hence reiterate the stated cash balance as my price target. This stands to reason.
I have no way to assess the merits of individual claims, but making it more difficult to withdraw funds when customers are profitable would be broadly consistent with a business model designed to ultimately separate customers from their deposits. Just checked their website and questrade advantage pricing ishares msci russia etf adr gdr whole thing looks rather odd. Failing to address material historical omissions and misstatements could perhaps be forgiven in the context of a pending acquisition and delisting. JustAname says:. Its definately true that the demo account and real money accounts are different in some way. Might it best analytical cryptocurrency chart service coinbase scam verizon a bug or might they have slipped a bit to gain back some of can people in other countries invest in us stock which is best nifty etf profits? Interactive Brokers is a large firm, and its US representatives may not have complete visibility into every client worldwide, especially if the client may have been referred by an introducing broker. Successful traders at Plus often complain of difficulties withdrawing funds. Wiping my whole account. Hey,do you have any other way to contact you?
It is easy to demonstrate by the emails and screenshots I sent them. Johny says:. They will never allow you to continue to profit without changing their systems and resistances. April 18, at pm. Trader Linda concludes that it is completely unclear how and why Plus determines the minimum withdrawal sum for various users. BJ says:. Overall, with both market and instant execution accounts available, traders have multiple pricing options at FxPro, which helps the broker cater to the entire spectrum of forex traders. This stands to reason. Plus should immediately restate its disclosures and address its omissions regarding historical and ongoing unlicensed activity. Scalping is referenced in section There is nothing wrong with deposits, withdrawals, support etc. Inopportune cancellation of withdrawals A basic principle of dealer-model CFD brokerage is that customers cannot owe the brokerage more money than they have on deposit. My personal feeling is either it is a scam or they are terrible. Demo version is fun, and a good way of learning to trade. But they always find excuses to not allow you to upload your documents. Hitesh Vaghela says:. When a brokerage flaunts regulatory requirements in more established markets like Hong Kong or Singapore, the local authorities may investigate, but to-date they have done little more than warn potential customers. The issue was relating to verifying my address. I never put any cutting lose instruction but my position is closed by them with a huge lose.
MetaTrader: The mobile versions of the MT4 and MT5 platforms are also standard from the developer with default features. Almost one month now my i can not trade can not withdraw my money. There certainly was no issue with the account balance. Contract expiry typically occurs on a weekend at the last Plus quoted price on Friday not necessarily the relevant underlying price —this is how Plus records profits on Saturdays. Somehow they manipulate the price to their gains by making you continue losses. Ioannis says:. Thank you for reading. This made getting money back even harder. April 23, at am. Peter says:.