Deutsche bank retail fx platform

Lesson learnt so far:

BEARFX ok; UBSFX ok; DBKFX not ok.

Dealing with DBKFX may get you into trouble.

Quote from: www.elitetrader.com/vb/showthread.php?threadid=68101

 

What a laugh...

all the retail fOWrex traders pronouncing judgements on DB, UBS, etc.

 

i have taken a look at the site - we have a German bank; its London branch acts as offering the product; UK FSA regulation; and the main contact support / application processing in New York - can this get any more "international" (i guess it's the world of borders-free forex, after all)

 

Maybe they use Ex-RefcoFX staff and office space.

 

I hope you're really not serious. Do you honestly believe that a retail broker is really going to take the blame? It's called passing the buck.

 

gee...after all this u have to be a complete nutzer to send 'em any kinda money.

 

and.....

If you deposit money into any bank it does not mean your money is physically held at specific branch.

 

ya but the bank takes responsability in case u money suddently "disappear" because the entity your cash was deposited went bust or whatever.

 

But in this case you send money to DB and you will hold them accountable if anything goes wrong, if entity goes bust then sue DB for negligence.