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Sector Capital 1 - PriorFX (bei forex_trader_100568)
Der Benutzer hat dieses System gelöscht.
Sector Capital 1 - PriorFX Diskussion
Mitglied seit Oct 07, 2016
1 Posts
Oct 07, 2016 at 10:36
If you do not trade with dodgy brokers from Cyprus, this does not happen. Brokers from the UK, US, Switzerland, Australia, and any other well regulated country would be more likely to handle this well. And, if they did not, you would be far more likely to get compensation.
Oct 07, 2016 at 11:27
(bearbeitet Oct 07, 2016 at 11:27)
mcpeacock posted:
@fire_kid - blown account.... it seems....
you should check your balance at the client area of PriorFX.... and prepare to be shocked.
mine says this: -9.22337203685e+16 😲😲😲😲
- instant update - now my balance at priorfx is back to just around my initial deposit number.... :S
haha yeah i saw something like that. i think there was a big investor may be invested nearly 1million usd. after see huge dd probably he decided to withdraw all money and priorfx gave wrong balance/equity info which corrected within couple of min. if i am not wrong, account balance was 5mil+. currenct balance 1.9mil and loss 2.3million, so i assume there was a big investor :P
=====================
according to myfxbook current month loss is 41.75% could anyone calculate your account, if this is correct? in my account loss is approx 49%
not sure if myxbook showing less loss due to almost 1million withdrawals
====================
BP33, this one important: we have 45% equity protection when we fill up the document. yesterday equity went to 15% drawdown, but account was still running. i will send them e-mail about this issue, but it will be also good if you ask them too.
Oct 07, 2016 at 12:19
at this moment GBP and EUR completely unpredictable. it will be nice if we stay away from EUR and GBP.
not sure if it's priorfx fault. read this article:
http://www.telegraph.co.uk/business/2016/10/07/pound-flash-crash-sees-sterling-plunge-6pc-within-minutes/
instead of money compensation may be it will be easy if we ask lower spread for some pair.
not sure if it's priorfx fault. read this article:
http://www.telegraph.co.uk/business/2016/10/07/pound-flash-crash-sees-sterling-plunge-6pc-within-minutes/
instead of money compensation may be it will be easy if we ask lower spread for some pair.
Oct 07, 2016 at 13:20
Hi BP33,
I am really sorry for the loss. Really. However this is forex and show must go on.
I would like to know what are your plans. Are you going to abandon the account or keep trading. Do you have any suggestion regarding recovering from the loss?. ALways markets are unpredictable but most of the times the risk is managed provided you have a solid risk management plan.
You are very good trader. May be it would be possible to continue trading increasing a bit your normal exposure in order to get similar results as you were getting in hotforex and therefore accelerating the recovery. At the same time, and in order to compensate for the additional risk, may be you can set equity protection at a reasonable level (may be 15%).
I am willing to keep my money in the account but I need to see your plans. Otherwise,please let us know asap. In this way we will recover the loss using different solutions.
Thanks.
I am really sorry for the loss. Really. However this is forex and show must go on.
I would like to know what are your plans. Are you going to abandon the account or keep trading. Do you have any suggestion regarding recovering from the loss?. ALways markets are unpredictable but most of the times the risk is managed provided you have a solid risk management plan.
You are very good trader. May be it would be possible to continue trading increasing a bit your normal exposure in order to get similar results as you were getting in hotforex and therefore accelerating the recovery. At the same time, and in order to compensate for the additional risk, may be you can set equity protection at a reasonable level (may be 15%).
I am willing to keep my money in the account but I need to see your plans. Otherwise,please let us know asap. In this way we will recover the loss using different solutions.
Thanks.
Oct 07, 2016 at 13:21
fire_kid posted:
at this moment GBP and EUR completely unpredictable. it will be nice if we stay away from EUR and GBP.
not sure if it's priorfx fault. read this article:
http://www.telegraph.co.uk/business/2016/10/07/pound-flash-crash-sees-sterling-plunge-6pc-within-minutes/
instead of money compensation may be it will be easy if we ask lower spread for some pair.
I believe it is a very good idea.
Oct 07, 2016 at 13:45
(bearbeitet Oct 07, 2016 at 13:47)
@Pablo51
as long as we have money on account we can always recover. currently we lost approx 42%(if someone invested money from the start). so if we do not deposit any money, account have to make 72% profit to recover the loss.
consider every four month we making avg 15% profit, it will take approx 15month to recover full money. and if we deposit money monthly basis recover will be fast.
bp33 best arrangement is "45% equity protection". but sadly this protection did not work properly. as soon as 45% equity hit priorfx system suppose to close down all trades automatically. i asked support about this issue, they replied they upgrading it and they will send me an e-mail next week about this issue.
anyway i am happy i have 52% equity. i would not be surprised if account blown. bp33 was trading all gbp pair. almost 1K pips spike for a min 😁
bp33 please settle down all problem as soon as possible and start trade 😎
as long as we have money on account we can always recover. currently we lost approx 42%(if someone invested money from the start). so if we do not deposit any money, account have to make 72% profit to recover the loss.
consider every four month we making avg 15% profit, it will take approx 15month to recover full money. and if we deposit money monthly basis recover will be fast.
bp33 best arrangement is "45% equity protection". but sadly this protection did not work properly. as soon as 45% equity hit priorfx system suppose to close down all trades automatically. i asked support about this issue, they replied they upgrading it and they will send me an e-mail next week about this issue.
anyway i am happy i have 52% equity. i would not be surprised if account blown. bp33 was trading all gbp pair. almost 1K pips spike for a min 😁
bp33 please settle down all problem as soon as possible and start trade 😎
Oct 07, 2016 at 13:56
fire_kid posted:
@Pablo51
as long as we have money on account we can always recover. currently we lost approx 42%(if someone invested money from the start). so if we do not deposit any money, account have to make 72% profit to recover the loss.
consider every four month we making avg 15% profit, it will take approx 15month to recover full money. and if we deposit money monthly basis recover will be fast.
bp33 best arrangement is "45% equity protection". but sadly this protection did not work properly. as soon as 45% equity hit priorfx system suppose to close down all trades automatically. i asked support about this issue, they replied they upgrading it and they will send me an e-mail next week about this issue.
anyway i am happy i have 52% equity. i would not be surprised if account blown. bp33 was trading all gbp pair. almost 1K pips spike for a min 😁
bp33 please settle down all problem as soon as possible and start trade 😎
WEll there was an agreement about the 45% DD. Let's see what the broker says but if they do not respond properly I would consider other actions.
forex_trader_29148
Mitglied seit Feb 11, 2011
1768 Posts
Oct 07, 2016 at 14:00
(bearbeitet Oct 07, 2016 at 14:00)
what a disgrace
Oct 07, 2016 at 14:04
Platform was frozen..trade could not be taken or exited..orders were not honoured..if not for the expertise of BP33 our account would have probably ended up with nothing or below 15% in our balance..Trading with such a broker is high risk to me..A well regulated broker would compensate its client for its own own errors..
Oct 07, 2016 at 14:06
tomazxyn posted:
Platform was frozen..trade could not be taken or exited..orders were not honoured..if not for the expertise of BP33 our account would have probably ended up with nothing or below 15% in our balance..Trading with such a broker is high risk to me..A well regulated broker would compensate its client for its own own errors..
totally agreed
Never Give Up or Give In To The Market
Oct 07, 2016 at 14:18
(bearbeitet Oct 07, 2016 at 14:19)
The broker is regulated in Cyprus (OK…I know..). It claims there have segregated accounts. The fact is that if they are not honouring their agreements it is easy for them to lose credibility and therefore the entire business. I believe we have to wait for an answer from them. Otherwise I suggest we look for legal action.
Mitglied seit Feb 12, 2016
52 Posts
Oct 08, 2016 at 08:08
jajest posted:
I did not receive a daily confirmation mail today ... that doesn't look good. What is going on ?
It actually seems good. It means something is going on.
Oct 08, 2016 at 10:25
majamivice posted:jajest posted:
I did not receive a daily confirmation mail today ... that doesn't look good. What is going on ?
It actually seems good. It means something is going on.
I hope so but I thought it meant that our account is closed...
Mitglied seit Dec 05, 2015
38 Posts
Oct 08, 2016 at 21:00
I try to login my account but show users doesn't exist. anyone know, why?
