Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Just spoke with Susan O'Meara, PFGBest's compliance officer and she had nothing new to add. She told me that PFGBest is still not flat, meaning there are still some open positions and they can't do anything while these positions are still open. I'm surprised there is someone still answering phone calls at PFG.
Can you help answer these questions from other members on NexusFi?
This is your day! If you want to gain additional market shares then PROVE (and again and again) that you are making fair business and you are honest to your customers. Show financial transparency and provide real segregated accounts (like swiss forex broker dukascopy does). There is enough money at the table thru commissions - don't play with the customers money. We don't need NFA stuff if they can't do the simplest checks.
I did not get a statement last night, and my online platform still shows I have open positions. It also says I need $2.4 million in margin for 7 open positions (probably to force the margin call liquidation). I have no idea if this is true or not.
As of right now, I am assuming my account balance is $0. Any increase from here will be an incredible rate of return!
Not sure, Cory. That's what I was told. I didn't see anything about it. I just can't imagine how many more bar types can be developed that we haven't already seen right here on futures.io (formerly BMT). If you mean "Nada" or zilch, zip, nothing, you're probably right. It means "nothing." lol
No offense intended to Mirus/RCG/Dorman or anyone else for that matter but talk is cheap right now....actions will speak louder than words going forward on this issue imho. The rest is just political mumbo jumbo.
I'd like to see one of these brokerage and/or FCM CEO take a leadership role and make a difference for the good of the Industry.
Our Industry and our Country for that matter lack true leaders who care more about customers/constituents than their position/paycheck/etc.....sad!