Aleccohfx

[metalhead trader]

Has any one used this broker, i have read mostly all good things about them.

[daydreamer65]

I have had no dealings with them, only drawback I can
see is they are Swiss.

aleccohfx SA is regulated and run according to the Swiss law under OAR-G (Swiss Regulation Official Body Funded by GSCGI - GPCGFG)

When I googled OAR-G it shows a site which is combatting
money laundering.

This is different to the FSA in the UK & the NFA in the States, in
that these are regulating bodies for all of the various scam schemes
which can be set up.

You pays ya money ya takes ya chance, but.....

Originally Posted by Trade It

The guy running this brokerage is top notch professional. He is a business man that knows how to trade. They are coming to the U.S in February. I can't wait! Ask him when the next 200 pip challenge will be available.

Dont take my word for it though as I am not using them now. For the reason that they are not in the U.S.

Here is a link that you might find useful.

Well, I don't know this broker or the guy running it, but I checked out your link. The first post made me doubt the whole "top notch professional" idea:

hi

i believe that not too many people will make you this proposition

open a micro account, give me your user and pass , and in the first week i will garantee your 200 pips

once done , we will discuss the profit sharing

YOU open the account
YOU deposit or withdraw money
I trade your first 200 pips (microlots if you are afraid or sceptical , money back garanteed)
THEN and only THEN we will talk seriously ,'cause i put my money where my mouth is

So, this guy wants you to open a live account, then give him your username and password so that he can trade your money!?

I don't think so.

On top of that, he's not located in the U.S. (as you said), which means he's not regulated and his "money back guarantee" isn't worth the bandwidth taken up by his post.

Of course, I'm sure he'll get a lot of takers. But, for me, I'd never give someone access to my live account, especially someone whom I only know from posts in a forum!

[metalhead trader]

Yes that is a little odd, but if its true and there moving to the US i might give them a try.

Originally Posted by In2Blues

Well, I don't know this broker or the guy running it, but I checked out your link. The first post made me doubt the whole "top notch professional" idea:

hi

i believe that not too many people will make you this proposition

open a micro account, give me your user and pass , and in the first week i will garantee your 200 pips

once done , we will discuss the profit sharing

YOU open the account
YOU deposit or withdraw money
I trade your first 200 pips (microlots if you are afraid or sceptical , money back garanteed)
THEN and only THEN we will talk seriously ,'cause i put my money where my mouth is

So, this guy wants you to open a live account, then give him your username and password so that he can trade your money!?

I don't think so.

On top of that, he's not located in the U.S. (as you said), which means he's not regulated and his "money back guarantee" isn't worth the bandwidth taken up by his post.

Of course, I'm sure he'll get a lot of takers. But, for me, I'd never give someone access to my live account, especially someone whom I only know from posts in a forum!

[cryten]

That thread is 9 months old, from what I read he gave alot of people their free 200 pips he traded on their accounts.

Through that thread and having some problems with bucket shops he decided to start his own brokeridge. If they open up in the states like he says I might give them a try

[daydreamer65]

First of all I read on the home webpage,

Welcome to aeccohFx a broker owned 100% by traders for traders

Plus they are trying too hard to answer all traders
biggest fears, no dealing desk, no slippage, no spread widening at volitility,
no server freezing during news time, etc. etc.

Looks too good to be true, so therefore using the old adage
"if it looks too good to be true it generally is"?????

Now I see this.

The guy running this brokerage is top notch professional.

Well is it the 1st or 2nd quote?

When they get to the states become NFA registered, then I
will take a more concerted look, if......

[Trade It]

Originally Posted by In2Blues

On top of that, he's not located in the U.S. (as you said), which means he's not regulated and his "money back guarantee" isn't worth the bandwidth taken up by his post.

If you would read more carefully, I did NOT say they are located in the U.S. I said they are moving to the U.S in February sometime. For this reason I have not opened up an account with them. We they do locate in the U.S, then, and only then, will I open an account with them.

Originally Posted by Trade It

If you would read more carefully, I did NOT say they are located in the U.S. I said they are moving to the U.S in February sometime. For this reason I have not opened up an account with them. We they do locate in the U.S, then, and only then, will I open an account with them.

I did read carefully and acknowledged what you said. Perhaps you should read my reply more carefully.

I said: he's not located in the U.S. (as you said)

That means I understand that you said he was not located in the U.S.

[Trade It]

Sorry for the misunderstanding In2blues! My bad!!

Originally Posted by Trade It

Sorry for the misunderstanding In2blues! My bad!!

No problem. I've done the same thing.

That's the downside of writing as opposed to talking or face-to-face contact. It's easy for us to misunderstand each other.