Good question, Jinz
Capital City Markets claims to be regulated by the Vanuatu Financial Services Commission (VFSC), and we list it that way in our Offshore Broker List. However, I know nothing about the strength or competence of this regulator. Vanuatu is not exactly the U.S., the U.K., or the E.U.
Most of the offshore brokers in our List are completely unregulated. Dealing with unregulated brokers is one of the prices we pay for going offshore to escape the CFTC.
I still receive emails from Tallinex . I wonder if they have any input in this catastrophe of a broker that they bridged a lot of us to .
Good question, Martin
Why don’t you ask Tallinex?
Very bad news .There is something very deceitful /deceiving happening . Capital City Markets traders better be made aware. Everyway I tried to get to Tallinex , through email , through search , through other websites , it goes nowhere unable to contact them through their website.
This is all it shows every time :
Tallinex does not solicit residents of the United States of America, Canada, Puerto Rico, Guam, American Samoa, Northern Mariana Islands, US Virgin Islands, United States Minor Outlying Islands or St Vincent and The Grenadines in relation to the provision of retail Forex services, and no option exists for residents of those countries to apply for retail Forex services due to regulatory requirements.
Tallinex works fine when you use non US IP
tried to withdraw my meager account balance from CCM and got this reply:
As you may or may not be aware, recent developments with our payment service provider has caused us to request clients to create charge back requests via their bank / credit union / card issuer for the initial card deposit amount.
In the light of recent events with our card processor, we advise you to make a chargeback in your bank for the following card deposits with CCM:
Card deposit (xxxx) 2017/xx/xx 18:xx:xx Deposit USD - US Dollar xxx.xx
As a result in accordance to the below email, the withdrawal request cannot be processed.
At first when I made the withdrawal request yesterday, my trading balance showed zero in MT4, so I thought MAYBE it would happen. But got this email and balance still reads zero - so truly gone at this point. Criminal!
I had no problem connecting to Tallinex website a few weeks ago from in the US !
There is no doubt about it Capital City Markets should be criminally investigated !
No matter how supposed intelligently CCM tries to write up their fake reasons for stealing every ones money , something very suspect is going on . Wake up !!!
I think we’re all very woke on this matter. Just reporting the latest info so everyone has information to work with. I’ve been around forex long enough to know that this is an all too probably occurance, so I’m never risking more than I can afford to lose. I wish we had decent domestic US options that offered some image of protection, but alas we’re over nannied on these matters.
We are slowly giving up with the offshore brokers.
Now have only TW few accounts. Stil testing Oanda and so far so good no issues yet.
Also we thinking to start testing Forex.com.
Those are the only options in US. If you are net worth over 1 million US, there is also Interactive Brokers.
If you are not scalping you should be able to make money with the 2 brokers I mentioned. I know
the leverage is only 1:50 and no hedging.
But most of the people i follow for years that are profitable do not hedge and use leverage less that 1:50.
I do find it interesting that when I google search Tallinex & click on the link to go to their home page, I am taken to page that looks this… attached below.
This is a relatively recent change as I used to be able to at least “see” their homepage, even tho I wouldn’t be accepted as a US client.
I suppose it’s possible that the US gvt is requiring brokers who don’t work with US residents to link this as their homepage for all US IP addresses. That pretty much shuts down any chance of a US resident even enquiring about an account.
Tallinex is getting sued that is why I think they changed the website for US. I am wondering if they will show up to court. I believe it is in UTAH.
Can you post a link to that fact, please ? I’m interested in reading more about it.
Never mind, I found it… that’s disappointing.
Yeah, re: Tallinex, I contacted their website from my Amsterdam
VPS and of course that passes its IP filtering…
I am glad I did not use Capital City Markets but it was for reasons
of Spread and Commission costs which I told them were not
competitive. I was lucky !!
hyperscalper
How can a regulatory committee sue someone else in another country that has different country laws…? A man in one place says do what he says and another man elsewhere says do what I say or else, Smh. This is why I believe in natural law.
Update on FinProTrading Live performance:
Market orders are marked as such.
Close orders are not marked, but I annotated some of of them, guess
I should be more explicit…(note to self…)
These are Orders in the EUR/JPY pair…
But you can see the general consistency of performance, which
I find very good !! We execute multiple position closures in
parallel also…
From a Technical perspective, FinProTrading is top of the list,
I believe… Unless somebody has something better with MT4.
Please ignore anything which is less than about 50 milliseconds,
since that is most likely not “real”…
[20171026-16:57:27.652(GMT)] OrderOp elapsed: 178
[20171026-16:57:30.840(GMT)] Sell Market OrderOp elapsed: 131
[20171026-16:58:29.996(GMT)] OrderOp elapsed *: 38
[20171026-16:59:20.668(GMT)] OrderOp elapsed *: 10
[20171026-16:59:20.824(GMT)] OrderOp elapsed: 146
[20171026-17:13:17.637(GMT)] Buy Market OrderOp elapsed: 172
[20171026-17:15:27.137(GMT)] OrderOp elapsed *: 2
[20171026-17:15:27.262(GMT)] OrderOp elapsed: 110 <-- Close position
[20171026-17:38:59.184(GMT)] Sell Market OrderOp elapsed: 205
[20171026-17:39:49.199(GMT)] OrderOp elapsed *: 9
[20171026-17:39:49.355(GMT)] OrderOp elapsed: 154 <–Close position
[20171026-17:41:02.887(GMT)] Sell Market OrderOp elapsed: 174
[20171026-17:41:46.621(GMT)] Sell Market OrderOp elapsed: 186
[20171026-17:42:41.074(GMT)] OrderOp elapsed: 81
[20171026-17:44:02.184(GMT)] OrderOp elapsed *: 32
[20171026-17:44:02.293(GMT)] OrderOp elapsed: 109
[20171026-17:44:02.371(GMT)] OrderOp elapsed: 187
[20171026-17:44:02.402(GMT)] OrderOp elapsed: 218
[20171026-17:44:02.449(GMT)] OrderOp elapsed: 80
[20171026-17:44:02.465(GMT)] OrderOp elapsed: 96
[20171026-17:45:52.355(GMT)] Buy Market OrderOp elapsed: 186
[20171026-17:46:37.668(GMT)] Buy Market OrderOp elapsed: 137
[20171026-17:47:18.762(GMT)] OrderOp elapsed *: 10
[20171026-17:47:19.184(GMT)] OrderOp elapsed: 111
[20171026-17:47:19.184(GMT)] OrderOp elapsed: 110
[20171026-17:47:19.309(GMT)] OrderOp elapsed: 543
[20171026-17:47:19.324(GMT)] OrderOp elapsed: 556
[20171026-17:48:00.418(GMT)] Sell Market OrderOp elapsed: 165
[20171026-17:48:37.277(GMT)] OrderOp elapsed *: 13
[20171026-17:48:37.449(GMT)] OrderOp elapsed: 162
[20171026-17:49:40.418(GMT)] Buy Market OrderOp elapsed: 154
[20171026-17:49:46.840(GMT)] OrderOp elapsed *: 5
[20171026-17:49:46.980(GMT)] OrderOp elapsed: 130
[20171026-19:05:46.312(GMT)] Buy Market OrderOp elapsed: 154
[20171026-19:08:18.281(GMT)] OrderOp elapsed: 100
[20171026-19:08:27.203(GMT)] OrderOp elapsed *: 76
[20171026-19:08:27.297(GMT)] OrderOp elapsed: 86
[20171026-19:08:44.906(GMT)] Buy Market OrderOp elapsed: 173
[20171026-19:11:30.703(GMT)] OrderOp elapsed *: 27
[20171026-19:11:30.922(GMT)] OrderOp elapsed: 213
[20171026-19:11:30.922(GMT)] OrderOp elapsed: 214
[20171026-19:40:18.718(GMT)] OrderOp elapsed: 66
[20171026-19:41:34.090(GMT)] OrderOp elapsed: 95
[20171026-19:41:53.840(GMT)] Buy Market OrderOp elapsed: 153
[20171026-19:41:55.199(GMT)] OrderOp elapsed *: 20
[20171026-19:41:55.277(GMT)] OrderOp elapsed: 76
[20171026-19:48:09.215(GMT)] Buy Market OrderOp elapsed: 720
[20171026-19:48:21.855(GMT)] Buy Market OrderOp elapsed: 185
[20171026-19:53:48.246(GMT)] OrderOp elapsed *: 6
[20171026-19:53:48.418(GMT)] OrderOp elapsed: 165
[20171026-19:53:48.433(GMT)] OrderOp elapsed: 180
[20171026-19:53:48.465(GMT)] OrderOp elapsed: 212
C:\HyperScalper\apps\tt-multi>
hyperscalper
Im wondering now after seeing this enlightnning new info about Tallinex. If Capital City Markets really did get the money , but on the verge of being sued , so made a deal with payment provider to say they never got the money so then they can say they never had US traders and not get sued
??? See , get it ??? So if they (CCM ) say its complicated , lol , if this is the real truth ,yea is dam complicated !
We withdrew over 10K from CCM by wire right after our accounts were transferred.
Conspiracy theories don’t help; Clint can help
us stick to the facts only. Pleez, Clint !!! 
hyperscalper
