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Forex
Registered: Oct 2008
Posts: 22 |
07-28-09 01:17 PM
I think you need a lot of money (millions of dollars) to get in to the highest level of currency trading.
Quote from skot99:
I need a REAL bank to trade currency pairs. Not some back-room "White Label" joke with ties to a broken, unethical and reckless bucket broker like FXCM/dbFX/et-al.
Anyone know of a real bank with a real trading platform offering real trade execution in the currency market? Does any such creature exist?
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arctrader
Registered: Aug 2009
Posts: 1 |
08-24-09 08:08 PM
Veyron,
You did weird post. Read it again. Nothing follows from your conversation with dbfx rep, that shows that dbFX and fxcm are the same company. As an IT person you imply, that company is something related to a platform/domain/address/etc.
No, it not at all.
From legal point of view a company is a pile of papers. That's why dbFX rep suggested you to see a contract. That's the only thing that makes sense.
Conclusion abt whitelabeling goes directly from the your point company is something related to a platform 
They may accept your application from any partner URL provided that legally they is separate entity. It is not illegal. It is not suspicious.
Take a contract. Check the information abt legal counterparty. That's it.
BR,
Pavel
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vilas
Registered: Jun 2007
Posts: 21 |
08-26-09 12:32 PM
Quote from arctrader:
Veyron,
You did weird post. Read it again. Nothing follows from your conversation with dbfx rep, that shows that dbFX and fxcm are the same company. As an IT person you imply, that company is something related to a platform/domain/address/etc.
No, it not at all.
From legal point of view a company is a pile of papers. That's why dbFX rep suggested you to see a contract. That's the only thing that makes sense.
Conclusion abt whitelabeling goes directly from the your point company is something related to a platform
They may accept your application from any partner URL provided that legally they is separate entity. It is not illegal. It is not suspicious.
Take a contract. Check the information abt legal counterparty. That's it.
BR,
Pavel
You are right, Pavel. This thread must be the most stupid thread I have read. Why ET should allow this sort of posting is a mystery - total waste of time.
RGDS.
Vilas
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vilas
Registered: Jun 2007
Posts: 21 |
08-28-09 02:40 PM
Quote from crgarcia:
dbFX may have some endorsement from Deutsche Bank, but it's still a bucketshop.
First, both firms are first class. I am doing trading with one of them. No problems. If they are bucket-shops, what is the difference to you ? What really matters is if the bucket shop will pay-up when you win. Would you prefer to do business with Madoff ? A priest would have told you he was the "greatest" but he is in jail now. So, you have to wait.
BTW, anyone aspiring to be the Attorney General ?
Vilas
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