Recent content by KVincent

  1. K

    NFA Putting an End to Stop Hunting

    Just found a citation that reports that the NFA is finally getting around to the issue of stop hunting. Now they're supposedly going to require brokers document pricing aberrations. Anyone care to weigh in on whether they'll ever really get around to sanctioning a broker for spiking? The...
  2. K

    Proposed NFA Capital Requirement

    FXCMsavior: Facts speak for themselves on both counts yet you refuse to address yourself to the issue of broker misconduct which, historically and to my way of thinking, has put and will continue to trader's funds at far greater risk than capitalization. I won't be posted to this thread...
  3. K

    Proposed NFA Capital Requirement

    How have you managed to use FXCM's (Forex Capital's) server to publish this stuff? Are you a janitor there? If you aren't a shill for them, then how do you explain that your posts originate at their IP address? I haven't dismissed the capitalization issue, I has just dared question the...
  4. K

    Proposed NFA Capital Requirement

    At last, I'm vindicated. Your credibility, if you had any at all, just evaporated and well it should. You've been outed on still another of the ten or so forums you've been dedicating your recent working life to and now FXStreet's moderator's are questionning your motives as well. Pair the...
  5. K

    Proposed NFA Capital Requirement

    I'll keep asking the question until you answer it. Should traders avoid dealing with brokers who have been sanctioned or are currently being sanctioned by the NFA or not? I don't care who they are. If nothing else such sanctions show that an FCM is poorly managed. In FXCM's response to NFA...
  6. K

    Proposed NFA Capital Requirement

    Fact remains, even the One World client who emailed you hasn't lost their money yet. If you read the NFA's complaint, it's obvious management there is seriously lacking. I repeat, when One World declares bankruptcy or absconds with traders funds, I'll gladly offer my apology. Not a minute...
  7. K

    Proposed NFA Capital Requirement

    Your vindication will come <b>if and only if</b> traders end up on the short end of the stick like they did when Refco went under. I have yet to hear of a single trader losing money when NFA shut down any of the firms you've been citing throughout this thread. The fact that the impending...
  8. K

    Proposed NFA Capital Requirement

    Sorry about that. "Him" in the previous post refers to Steve at MbTrading.
  9. K

    Proposed NFA Capital Requirement

    I respect your right to draw your own conclusion here and let's face it, $5M is far better than $1M. However, I know when I've been asked to collateralize anything in my own personal life, I never offered to make a larger deposit than required. Why anyone would do that is beyond me. I...
  10. K

    Proposed NFA Capital Requirement

    I've already made my preferences known - Oanda and MBTrading and I don't work for either of them. Instead of calling me names, why don't you deal with the issues here. If you check NFA, you'll find that neither of them has ever been sanctioned by the CFTC or NFA. Here's MB Trading's...
  11. K

    Proposed NFA Capital Requirement

    Granted, it's only my personal opinion but I have to hand it to Forexsavior. He has orchestrated a phenomenal fear campaign that FXCM, if it isn't directly responsible for it, is obviously attempting to capitalize on. (Reference Forexsavior's quote of a recent FXCM email.) Personally, I don't...
  12. K

    Proposed NFA Capital Requirement

    Bigmrfrank, Where did you find this "official statement? I couldn't find any reference to it on FXCM's website. Thanks.
  13. K

    Proposed NFA Capital Requirement

    Just checked the latest FCM financials. If net capital is the measure of all things, all of the top five are doing just fine save FXCM which reported a 20% decrease. The following data was extracted from the past two financial reports. Oanda increased from 35,361,139 to 49,222,317. FX...
  14. K

    Proposed NFA Capital Requirement

    I'm not into dirt and, I, too, appreciate the facts as they have been presented in this thread. That being said, I really think a lot of what has been posted should be taken with a grain of salt. The Refco debacle wasn't a result of undercapitalization but mismanagement (fraud) and, apart from...
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