scexglobal How about some solid arguments... ****************************** Forex in Siwss is not regulated .Author discussed that with different Swiss authority . Shares trading in Swiss regulated through EBK Statement as by Ducascopy web side -regulated through moeny laundering authority are deceptive. .. Author discussed this matter with Swiss money laundering authority .They are responsible only for money laundering matter . Not for complaint clients against broker Your respectfully
ssss, First, have you ever traded with dukascopy? If not, how can you judge them? All Swiss brokers are bad by default? Come on... I find nothing deceptive in their money laundering clause. All brokers have this. Refco was a U.S broker and look what happened...
ssss, First, have you ever traded with dukascopy? It is not regulated ,no doubt . If Swiss authority would change he's position ,author would inform you . " ... I have not all error's made myself ,for another persons was alsov chance" -Napoleon ,later used from W.Churchill
Guys, READ it if you are trading with Swiss brokers. Dear XXXXXX Thank you for your interest in the Swiss financial market regulation. For the time being, foreign exchange dealers did not require an authorisation of the SFBC, provided that they exclusively dealt in foreign exchange on the spot market and that the funds were handled on a short-term basis only for the execution of the exchange transaction and that no interests were paid. Foreign Exchange dealer had to dispose of their own trading platform. This exception has been amended by the Swiss parliament recently. Starting April 1, 2008 foreign exchange trading including the acceptance of deposits from the public on a professional basis becomes a privilege of authorised banks only. For a overview on the coming change in the regulation of forex dealers we would like to refer to the publication on the website of the Federal Department of Finance in German French and Italian ( http://www.efd.admin.ch/aktuell/medieninformation/00462/index.html?lang=de&msg-id=17808). We hope that we were able to help yaou further. Yours sincerely Secretariat of the SWISS FEDERAL BANKING COMMISSION sig. Christina Bürgi sig. Simone Flach Communication&Media Communication&Media Schwanengasse 12 P.O. Box CH-3001 Berne Phone +41 31 322 60 69 Fax +41 31 322 69 26 mailto:simone.flach@ebk.admin.ch http://www.ebk.admin.ch I am thinking about Finex Group ..... I think they are so freaking smart they were the first one to move their customers to the bank. he he he But how did they know that this is going to happen?
Dear Sir Adress ,which you mentioned is EBK . Author discusssed last year in EBK ,this stated that responsible for compaint ,related to shares ,but not responsible for spot forex . You must ask by EBK - Are you responsible for complaint of individual clients against spot forex broker ,which based in Swiss If they would answer ,that situation changed ,you can post this answer on ET . Your respectfully
Clearly states that : "Starting April 1, 2008 foreign exchange trading including the acceptance of deposits from the public on a professional basis becomes a privilege of authorized BANKS ONLY." what more they can say to assure me that Swiss brokers are in danger? I have nothing against the Swiss brokers, but please don't post misleading information, and let people now the truth.