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STINKForex Live
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Sistem Trading
Jan 30, 2013 at 18:54
I have accounts with 14 different brokers and I know that there are better brokers than ThinkForex. Nevertheless, all of them have bad reviews and face similar accusations of fraud and conspiracy. With the information you presented and the statistics of your account I am fairly certain, that they acted well within their rights. I really don't want to piss on your parade, but it was your trading decision that led to your losses, be a man about it.When you look into the source code of FGB you will notice that it can't handle manual intervention as it loses track of open trades and reopen...
STINKForex Live
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Sistem Trading
Jan 30, 2013 at 14:45
I don't know specific regulations of HotForex, but with most brokers maximum Leverage depends on the amount of capital. The lower the equity/balance the higher the leverage can be set. You won't find for example a broker that offers 1:1000 on a > 100000 € account. Your balance went up pretty quickly. Maybe that was the reason your leverage changed. I honestly don't think they intentionally sabotaged you.In any case you seem to be new to forex. Most beginners make the mistake and overtrade. Your trading style can go well for a while, but eventually you will lose everything, ...
STINKForex Live
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Sistem Trading
Jan 30, 2013 at 06:24
Hi,I just read your complaint about Thinkforex and looked through your account. You opened positions that were way too large for your account to handle (> 10 Lots). Therefore your margin was exhausted and you couldn't open new positions. 2 trades then went against you and you got stopped out. The EURUSD still moved against you later on, so if your leverage changed to 1:100 it actually protected your money...Forex brokers in my opinion are all criminals, but in this case blaming the broker seems unfair. You made a highly risky bet and lost, learn from it. Please don't take this the w...
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