Quote from phorex_phreak:
hey guys,
any word on these guys here, www.tradeviewforex.com??
slick marketing scam or are these guys the real deal???
let me know...
Quote from AKFOREX:
One of the largest firms, check this link:http://www.elitetrader.com/vb/showthread.php?s=&threadid=111265
Quote from Paliz:
I never heard of them, and you could take any line from that post and translate it. They have not been around for long, its their parents company, and they dont have 46 million dollars, the parent company does.
They use metatrader because they can't afford to build their own trading platform.
I don't wana sound negative, but cut the B.S.
NFA orders San Francisco firm to pay $35,000 fine
January 2, Chicago - National Futures Association (NFA) has ordered Solid Gold Financial Services Inc. (Solid Gold), a Futures Commission Merchant located in San Francisco, California, to pay a fine of $35,000. The Decision, issued by NFA's Business Conduct Committee, is based on a Complaint filed in November 2007 and a settlement offer submitted by Solid Gold.
The Committee found that Solid Gold used misleading advertisement and submitted false or misleading information to NFA. The Committee also found that Solid Gold failed to provide its customers with required disclosure regarding NFA's Background Affiliation Status Information Center (BASIC) and failed to obtain required information from its customers. Additionally, the Committee found that Solid Gold failed to take applicable concentration charges, failed to maintain the required adjusted net capital and failed to collect the required minimum security deposit.
Quote from Chood:
Recall those SAT questions? Try this one:
Which newspaper headline does not fit â
Dog Bites Man, Tooth Marks in Thigh, Ouch!
Another Retail Forex Scam
France Surrenders
Retail Forex Trader Makes Millions --
âOh Joy, Now I Can Move from My Momâs Basement!â
Quote from Ivanovich:
LOL!
Chood cracks me up.
NFA reports four forex firms have ceased operations in light of increased capital requirements
January 11, Chicago - National Futures Association (NFA) announced today that four of its Forex Dealer Members (FDMs) have ceased operations as a result of NFA's new $5 million capital requirement, which became effective on December 21. In addition, six additional FDMs have ceased operating since September 1, 2007.
"When NFA's Board of Directors adopted the increased capital requirement on August 15, 2007, NFA had 34 registered FDMs," said Regina Thoele, vice-president of Compliance. "As of December 31, 2007, that number has decreased to 24."
The four firms that were unable to meet the new capital requirement and ceased operating transferred their customer accounts to other FDMs.
"We closely monitored each of the firms to ensure that customer funds were transferred to another, fully-capitalized firm," says Thoele.