Deutsche Bank and FXCM Connection

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

 

If they are bucketshops their interest is that you lose.
In fact they can't profit at all if most people don't lose.

So they will "help" you lose by changing quotes.

 

$500k will get you in the door @ MF Global's FX desk.

 

FXCM is a bucket shop (period). Anyone who argues that they are not must be on their payroll.

Anyone trade futures through IB or Think or Swim and what is your experience vs. bucket shops?

 

Best option for trading forex with $250K and above is custodial bank deposits with Dukascopy.....

Even if they go bust -- as long as the bank is still solvent, your money is 100% safe

 

Yeah, but you don't HAVE to pay the spread like at the bucket shops.

 

It's not superior level of service that is the unique selling point here.

 

I read that DB FX is a venture between DB and FXCM and they are basically the same company as FXCM, that would explain what the OP experienced.

 

It's a white-label of DBFX. FXCM provides the pricing and DB underwrites it. You are dealing with FXCM.