finally got money gack from refcofx

Took me two years to get back 50% of funds from a similar situation in another firm several years ago. This is why I would never have all my funds with a single broker, no matter who they are. Contrary to what most people think, you can lose all your funds in a futures account, although safer than FX. Segregated funds mean absolutely nothing.
 
secured lenders get paid before customer fund? that's weird. i thought all employee wages, debts owed to vendors, and customer funds need to be paid first. that's the risk of lending, even if it's secured lending. what's going on here?
 
Quote from lite:

after waiting for a year, finally got 70% of the money back.

it's better than nothing.
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Could you give more details? What was your account size? How did you get your money back? How did they contact you?

I had $700 in a RefocFX account but haven't heard anything yet.
 
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