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Hmm. Looks like another thread on this Forum has gone completely off target. And some people are showing their true selves..... I wish the moderator would delete these guys posts.

And probably the same employees.:D :D :D :D I doubt if REFCOFX has more that 20 employees.. Can you say outsourcing and marketing????:D

The only problem is, who will own them at years end??? Will they still exist??????

This company is using FXCM systems. Their in bed with FXCM just like REFCOFX was/is... The do not take US accounts.

FXCM your my hero!!!:D :D :D :D :D Well, looks like I'm only loosing a few good/bad months of trading. But, hey, looks like I'm getting my 120% return this year. I had hoped to make more gains, but least I'm not loosing hard earned cash. I'll probally stay with FXCM unless I can...

So how do you keep your equity up in both accounts??? I thought of it awhile back too. :D :D Why not just buy the GBP/JPY when it's low like I do and hold on to it. Check out the chart. It's not too hard to determine

Don't know. Found it on another blog. I hope some bone head didn't make it up. But it dose seam to go with the CEO of FXCM had previously said. I'm too cheep to pay for WSJ.

No. What will probably happen is that REFCO FX will declare chapter 7, similar to REFCO LLC. The accounts will then be transferred to FXCM, and the rest of the company liquidated. Remember, this company doesn't have anything else worth value except customer accounts. REFCOFX is a...

How can anyone be certain? Unless some company is will to disclose this has a fact. People for some reason automatically believe that their brokers trade against them, but don't consider the fact how unethical this is. Here's a better question. Why would a broker trade against you...

Chapter 7 is a means of Liquidating an entity The property/assets of the entity will be bought by the receiving entity. But the debt will stay behind. If it wasn't done this way, the receiving entity would also get all the debt. obviously, their is a problem with the asset to debt...

Ya. And I'm going to monitor the company I trade with via News Email alerts. I didn't hear that REFCO was in trouble until it was way to late. I guess that's what I deserve, since before all this I was in my own little trading world, buying and selling based off my signal strategy...

Wow:p :p :p Chapter 7. It means they are going out of bussiness, and the customer account will be tranfered over to another firm.... You don't see this everyday.

Man, REFCOFX pulled a number on me. They only have 15000 accounts. I thought they were bigger than that. Or did everyone else get into the FXCM life boat while the rest of us was still in the water. It seems like those of us with REFCOFX accounts are treading water, and FXCM is the Coast...

Refco FX Next on Block WSJ.com: NEW YORK —Forex Capital Markets LLC, a six-year old futures brokerage firm, plans to bid for Refco FX Associates, a foreign currency brokerage unit of the bankrupt Refco Inc. (RFXCQ), an FXCM executive said. “We will submit bids for all or...

Just rub it in. :mad: :mad: I tied their DEMO Yep, they are parnered with FXCM. (Which I like):D :D :D :D They also state this on their web page. Unfortunately, they don't think Yank money is good enouph for them...:cool: :cool: :cool:

They NEVER sent me the information that they said they would send. Maybe a good trader, but not so good customer service.

True. Most people are in it for the fast buck, just like the stock market. FOREX gives them the opportunity to loose their money quickly, and they take it. I have the same problem when I see people at convince stores buying lotto tickets, thinking that they will get ahead that way. Some...

I think the chances of getting stopped out are even better...:( :( :( :( :(

Java on it's way out..... I don't think so. I've been in the IT industry for a fairly long time, and I've worked both commercial sector and government sectors. And in the past year, I've only seen Java Apps increase on both sides. Not everyone is running windows... I personally use...

Sorry. I was commenting about the fellow who said he only had $700.00 locked up. My point is, that you can not successfully trade forex with a $700.00 account. An account taking on one position with that little equity will most likely be stomped out by the dealer most of the majority of...