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What would you do

togr (togr)
Dec 12 2016 at 15:20
4862 сообщений
Hi,

I have account at FxPig. It is doing pretty well - deposit 1,770 after month balance is 2,550.

So far so good. The thing is today I got email they 'improved' regulation from New Zealand which I trust to Vanuatu.

Of course I can either accept it or cancel account and go elsewhere. Need to say their trading conditions are good and I wont probable get so good results elesewhere.

So what would YOU do?

BR

Tomas

Glestofirb (Glestofirb)
Dec 13 2016 at 07:41
7 сообщений
I would continue trading with a broker if conditions are decent and withdraw small parts of profit until get used to the fact about new regulator

CGS_Forex (CGS_Forex)
Dec 13 2016 at 08:08
12 сообщений
Any more details you could share? What are the improved regulations from NZ?

togr (togr)
Dec 13 2016 at 08:15
4862 сообщений
Glestofirb posted:
I would continue trading with a broker if conditions are decent and withdraw small parts of profit until get used to the fact about new regulator


Yes I see it the same way

togr (togr)
Dec 13 2016 at 08:15
4862 сообщений
trill12 posted:
togr posted:
Hi,

I have account at FxPig. It is doing pretty well - deposit 1,770 after month balance is 2,550.

So far so good. The thing is today I got email they 'improved' regulation from New Zealand which I trust to Vanuatu.

Of course I can either accept it or cancel account and go elsewhere. Need to say their trading conditions are good and I wont probable get so good results elesewhere.

So what would YOU do?

BR

Tomas


Well, in all this there is a lot of risk ... But, if you have seen good results so far, I think you can wait, be patient, and, in a way, risk yourself there.

😄


I am going to keep the account here. It is small but fruitful investment. Once I will withdraw we will see. Also the broker has great reviews on FPA.

togr (togr)
Dec 13 2016 at 08:17
4862 сообщений
CGS_Forex posted:
Any more details you could share? What are the improved regulations from NZ?


Actually it seems my broker was right
I found out NZ regulation is more just registration.
So companies are registered as Forex broker but not regulated

CGS_Forex (CGS_Forex)
Dec 13 2016 at 08:33
12 сообщений
I think Kevin over at FXPIG is one of the most knowledgeable and helpful broker representatives out there. He runs it like it is his business because it is. I have withdrawn small amounts from there also with any issues; 5K. I plan on moving big money over there this coming year which is why your thread caught my attention and I wanted to see if there were any serious flags.

togr (togr)
Dec 13 2016 at 08:43
4862 сообщений
CGS_Forex posted:
I think Kevin over at FXPIG is one of the most knowledgeable and helpful broker representatives out there. He runs it like it is his business because it is. I have withdrawn small amounts from there also with any issues; 5K. I plan on moving big money over there this coming year which is why your thread caught my attention and I wanted to see if there were any serious flags.


@CGS_Forex
I would like to explain I had no issue so far with FxPig.
I was just surprised they moved to another regulation which I considered less safe and there was email we have to accept this
as it is time sensative - yes sensative not sensitive.

shirley_F (shirley_F)
Dec 13 2016 at 09:55
41 сообщений
togr posted:
I am going to keep the account here. It is small but fruitful investment. Once I will withdraw we will see. Also the broker has great reviews on FPA.


If you feel your money and account are safe there and it works well, sure, keep it up as long as you trust the broker. Good luck and I hope you won't have any issues in the future!

togr (togr)
Dec 13 2016 at 11:22
4862 сообщений
shirley_F posted:
togr posted:
I am going to keep the account here. It is small but fruitful investment. Once I will withdraw we will see. Also the broker has great reviews on FPA.


If you feel your money and account are safe there and it works well, sure, keep it up as long as you trust the broker. Good luck and I hope you won't have any issues in the future!


Yeah after all I will stay here.

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