and from another post http://www.elitetrader.com/vb/showthread.php?s=&postid=943940#post943940 So what's with the sudden interest in the NFA ?
I think phoenix will answer that better, but I think his quote intended to be metaphoric rather than literal. Anyway mokwit are you going to answer here so everyone could see it?
Tx. I know I should ask mokwit privately, but he sent his post here and everyone saw it, if nobody objects, I would not mind if I could hear from him here.
All these "new" and "different" members bashing IB... You do know that Baron and the mods can read your IPs? Give it up boyz. IB is the best broker for 90% of ET users. And we know it. Good luck to all.
Ok, I had to make this last post to clarify some issues. Few things I am intending to say were planned to be posted earlier but thanks to those devoted IB customers who took it so personally and unfortunately took wrong argument strategy, prevented me from posting it earlier. One point that could be said being true is that IB is not the ONLY one with those terms. I would not say all the financial institutions have the same terms but ALL retail FX brokers more or less do. Everyone should check it for themselves each individual broker's terms and conditions in question. I must also say you wont find similar terms for institutional clients. Although what I am going to say next will favor IB to some extent, I hope non of you will regard me to be the customer of IB. This mainly concerns the cases of complaint that some of you have cited here. It is my opinion that IB is being honest by not changing their name and hiding their history. This purhaps may suggest that in future IB might end up having best terms too, compared to other brokers. Where as there are many brokers that have changed their name and disguised their history. I hope there will be no replies from devoted customers as I will not be replying to them, due to lack of interest of taking this any further. Ps I have opened this thread and hope to end it too
For Forex, I don't think I agree with the 90% mark. I think you'd find more than 10% using other brokers - Oanda, for example, has a good number of users here.
I was expecting an apology from mokwit but instead choad says same thing. By the same token on this thread there are few members with couple less or more posts than me. But you or mokwit did not say anything then. Was that because it was in favor of IB? anyway I will go to chat elsewhere with real fair people and not pretenders.