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It is interesting that Traderzones and Blowoutski have got into such a tizz about this to the extent that that have thrown insults and accusations without even letting the OP get on and show us if he can walk the talk. I wonder if it is down the the fact that they treat profits differently...

Ok, I have now heard from IB that I will be compensated in full for the loss on this transaction. Whilst I think this is the only right outcome, I am pleased and reassured that IB have done this and that they have done it relatively promptly. I have not yet had confirmation that the system...

ddunbar - Do you really find IB's behaviour in this matter as professional as you can get? It is not a question of whether they should or should not offer minimum size as low as $25,000. The fact is they do and therefore it ought to work properly for customers who use it. And even...

Trader_H I really do not know. I did exactly what they told me to do. On the first call they said they believed the issue was a problem their side and that I should do nothing until they had checked. On the second call they confirmed the problem was their end but said they could not close the...

Yes Bob, having spoken to IB again this morning that is what I have now done. With hindsight this would have been better. However, once I had raised IB's mistake with them and emailed them to close the position etc (exactly as directed by their representative), I assumed they would be sorting...

I have recently begun some forex swing trading through IdealPro to compare it with to normal forex broker. The first few trades seemed fine and I was quite impressed until this extraordinary situation occurred last week. I was short a $50,000 position with a gtc stop loss order in place. The...

Michael - yes I agree with you exactly - my experience makes me nothing but a novice in trading - I hope I have never implied anything other than that. I was just acknowledging that I have some experience in life and familiarity with the markets that might make me a little less vulnerable than...

Ok Nitro and Michael - I respect what you are saying. I've been round the block a bit - graduated from Oxford in 87 with trainee trading offers at JP Morgan, Salomon Bros, Bankers Trust, Chemical Bank and (the one I accepted) at Goldman Sachs. A serious illnesses prevented me from starting my...

Nitro - I respect your vast experience and have no doubt you have seen all manner of scams along the way. As I said before, I applaud your desire to protect vulnerable traders. If you read my frirst post (you will see I start by stating my lack of qualifications as a big shot trader and the...

Nitro - I sense you would need to see trading statements from anyone running a chatroom before you entered that chatroom? At least I think that's what you're saying. Perhaps you are saying you would need to see trading statements before blindly following any calls from a chatroom? These are very...

I feel a certain degree of trepidation posting any further comments to this debate as opinions seem to be somewhat entrenched by this stage. However, for any readers still with an open mind, I will make a couple of comments based on my own personal experience of woodie and the CCI room...