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Deutsche Bank and FXCM Connection
- Thread starter Veyron 16.4
- Start date
Quote from crgarcia:
dbFX may have some endorsement from Deutsche Bank, but it's still a bucketshop.
First, both firms are first class. I am doing trading with one of them. No problems. If they are bucket-shops, what is the difference to you ? What really matters is if the bucket shop will pay-up when you win. Would you prefer to do business with Madoff ? A priest would have told you he was the "greatest" but he is in jail now. So, you have to wait.
BTW, anyone aspiring to be the Attorney General ?
Vilas
FXCM is a bucket shop (period). Anyone who argues that they are not must be on their payroll.
Anyone trade futures through IB or Think or Swim and what is your experience vs. bucket shops?
Anyone trade futures through IB or Think or Swim and what is your experience vs. bucket shops?
It's not superior level of service that is the unique selling point here.
Betsy Waters, Global Director of DbFX.com, commented::
Our more than doubling of customer numbers can be partly attributed to today's uncertain economic environment with investors wanting the safety of knowing their capital is with a provider which is backed by a larger, well-recognised institution such as Deutsche Bank, the world's leading FX bank.
I read that DB FX is a venture between DB and FXCM and they are basically the same company as FXCM, that would explain what the OP experienced.