I was an hour or less away from closing all open positions. I know they take 48 business hours to process withdrawals. The withdrawal request was made on a Friday, these trades were on Sunday, so it was not going to process until another 24 hours or so given the timeline they used on prior withdrawals. These trades did not have stop losses set. I had profit targets set, but was keeping a close eye on everything. I had stops set on my charts and would close manually, I did not want to get stop hunted on a random spike.
That is what he is doing, trying to get some proof, and the proof he provided is convincing.But now someone advised that he should not" cause them any additional grief".
Maybe in the face of 90% loss you would just keep silence and let it go since you donāt want to"cause them any additional grief"?
Only 2 comments from me
- Dont be too greedy
- find a better broker with better Liquidity Providersā¦
70 pip spread on any of the majors is just too ridiculousā¦
good one
ok coinexx respond. good job on coinexx to come forward on this matter
COINEXX FOREX USD ACCOUNT PERFORMANCE
Rarely, an offquote or rejection, requiring a re-try.
Limit order placements, along with Market Order Opens and Closures.
Times in milliseconds.
These times are longer than I would like, so Iāll be seeing what
Coinexx may be able to do on execution times, but very consistent.
hyperscalper
[20181115-00:00:40.454(GMT)] SlaveCloseOrderTask wait 150 msecsā¦ ticket: 4914652 tryCount: 3 elapse: 513
[20181115-00:00:40.705(GMT)] SlaveCloseOrderTask wait 150 msecsā¦ ticket: 4914743 tryCount: 4 elapse: 748
[20181115-00:00:40.705(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX523 msecs: 1465
[20181115-00:00:40.705(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX924 msecs: 1477
[20181115-00:00:40.705(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX523 msecs: 77
[20181115-00:00:40.706(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX514 msecs: 78
[20181115-00:00:40.707(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX924 msecs: 79
[20181115-00:00:40.720(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX924 msecs: 792
[20181115-00:00:40.720(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX514 msecs: 779
[20181115-00:00:40.856(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX523 msecs: 899
[20181115-14:55:33.592(GMT)] OrderOp Buy Limit elapsed: 181
[20181115-14:55:34.156(GMT)] OrderOp Buy Limit elapsed: 244
[20181115-14:55:34.592(GMT)] OrderOp Buy Limit elapsed: 179
[20181115-14:55:35.044(GMT)] OrderOp Buy Limit elapsed: 130
[20181115-14:55:36.312(GMT)] Buy Market OrderOp elapsed: 693
[20181115-14:55:36.326(GMT)] Buy Market OrderOp elapsed: 707
[20181115-14:55:36.343(GMT)] Buy Market OrderOp elapsed: 724
[20181115-14:55:36.343(GMT)] Buy Market OrderOp elapsed: 724
[20181115-14:56:34.217(GMT)] OrderOp Sell Limit elapsed: 195
[20181115-14:56:35.187(GMT)] OrderOp Sell Limit elapsed: 164
[20181115-14:56:36.155(GMT)] OrderOp Sell Limit elapsed: 131
[20181115-14:56:37.153(GMT)] OrderOp Sell Limit elapsed: 128
[20181115-14:56:38.328(GMT)] Sell Market OrderOp elapsed: 595
[20181115-14:56:38.343(GMT)] Sell Market OrderOp elapsed: 610
[20181115-14:56:38.343(GMT)] Sell Market OrderOp elapsed: 610
[20181115-14:56:38.359(GMT)] Sell Market OrderOp elapsed: 625
[20181115-14:58:52.640(GMT)] Sell Market OrderOp elapsed: 651
[20181115-14:58:52.655(GMT)] Sell Market OrderOp elapsed: 665
[20181115-14:58:52.671(GMT)] Sell Market OrderOp elapsed: 681
[20181115-14:58:52.671(GMT)] Sell Market OrderOp elapsed: 682
[20181115-14:59:33.032(GMT)] OrderOp Cancel Order elapsed: 161
[20181115-14:59:33.125(GMT)] OrderOp Close Position elapsed: 254
[20181115-14:59:33.203(GMT)] OrderOp Cancel Order elapsed: 332
[20181115-14:59:33.454(GMT)] OrderOp Cancel Order elapsed: 583
[20181115-14:59:34.202(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX514 msecs: 627
[20181115-14:59:34.218(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX503 msecs: 643
[20181115-14:59:34.232(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX924 msecs: 658
[20181115-14:59:34.342(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX523 msecs: 768
[20181115-14:59:34.403(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX523 msecs: 125
[20181115-15:00:16.764(GMT)] OrderOp Close Position elapsed: 287
[20181115-15:00:16.779(GMT)] OrderOp Close Position elapsed: 302
[20181115-15:00:16.950(GMT)] OrderOp Cancel Order elapsed: 472
[20181115-15:00:16.968(GMT)] OrderOp Cancel Order elapsed: 490
[20181115-15:00:17.841(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX523 msecs: 661
[20181115-15:00:17.857(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX523 msecs: 677
[20181115-15:00:17.858(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX924 msecs: 678
[20181115-15:00:17.874(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX924 msecs: 695
[20181115-15:00:17.888(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX514 msecs: 709
[20181115-15:00:17.889(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX514 msecs: 709
[20181115-15:00:17.918(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX503 msecs: 738
[20181115-15:00:17.967(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX503 msecs: 788
[20181115-15:00:18.075(GMT)] SlaveCloseOrderTask OrderOp elapsed acct: XXXX503 msecs: 195
[20181115-15:04:00.436(GMT)] OrderOp Sell Limit elapsed: 170
[20181115-15:04:01.405(GMT)] OrderOp Sell Limit elapsed: 138
[20181115-15:04:02.450(GMT)] OrderOp Sell Limit elapsed: 182
[20181115-15:04:03.405(GMT)] OrderOp Sell Limit elapsed: 136
I am glad they responded as well - just posed a reply for them. Hopefully they can shed more information on what happened here.
Ummmā¦ not sure what yourāre saying; did you mean to say āVPSā ?
This is running on a Dedicated Windows 2008 R2 16gb server with 4
dual threaded Xeon processorsā¦ sited in Amsterdam. With a Java 10 runtime.
MT4 server processes say in the journal that we are <10msecs from
Coinexx access point servers.
[EDIT] that subsystem is using 21 MetaTrader 4 server processes managed
by the NJ4X.com runtime frameworkā¦
hyperscalper
The terminal server is managing all of these āPIDā (process ID) instances
each of which is a MT4 terminalā¦ These are under the control of custom
software which uses NJ4X API where operations are assigned to run
concurrently in an appropriate and āfreeā MT4 terminalā¦
Oh, yes, VPS. Just curious if you would see any discernible differences.
In general, a ācheapā or ābroker providedā VPS is OK if youāre
just running a couple of MT4 instances, perhaps, and donāt
need extreme computing power. For meā¦ well, it just doesnāt
cut it, so that dedicated system costs $100 / month but
"itās all mine!" ā¦ lol
For redundancy, I have a second one; which will check on the
status of the first oneā¦ Both are Windows Server 2008 systems,
and then I have to maintain elsewhere a Centos Linux box
which sends out analytics data, etcā¦ You can even go in
with a buddy, if you like, to help finance the system; and it is
better, in general than any VPS (Virtual Private Server) would beā¦
hyperscalper
HyperScalper- whats the point you posting these stats on finpro and coinexx and telling us how good they are? nothing personal just asking
Just about the quality of execution the brokers provide. Otherwise, I guess
who cares?
hyperscalper
The Finance Magnates article linked below needs much more clarification.
But, taking what it says at face value, this article is more bad news for those of us who trade offshore and struggle to preserve the few money-transfer pathways still open to us.
Two excerpts from the article (emphasis added) ā
-
"Unregulated brokerages offering their services in the EU are facing another payment option shut down. After MasterCard and VISA opened the floodgates, Skrill is the next payment option that is bowing to regulatory pressures."
-
āWith Skrill joining the party, the likelihood that other companies such as Neteller, Webmoney, Fasapay, and Sofort will follow suit is substantial.ā
Hereās a link to the article ā
An additional comment:
This article is focused on offshore brokers who deal with clients in the EU. It does not mention clients in the US. That point needs to be made, because the article singles out binary options and contracts-for-difference (CFDās), and ā as has been mentioned here before ā the European regulator ESMA classifies over-the-counter spot forex positions as CFDās.
In other words, although spot forex is not mentioned in this article, itās pretty clear that forex brokers in the EU are among the targets of this attack.
And brokers in the UK, including those offering binary options, are specifically included in the Skrill crackdown, as well.
SKRILL AND CRYPTOS
I recently found this:
https://www.skrill.com/en/transfer-money/skrill-cryptocurrency/
Might be useful.
hyperscalper
Well, Iāve read through the Skrill Cryptocurrency Terms of Use and Iām disappointed with what I found.
As I interpret Sections 5 and 8 (images below), hereās what you can do, and what you cannot do, with a Skrill Cryptocurrency Account:
What you can do:
(1) deposit euro directly into the account, establishing a euro balance
(2) transfer a fiat currency other than euro to Skrill and pay a currency-conversion fee to convert your fiat currency to euro, establishing a euro balance
(3) use a portion (or all) of your euro balance to purchase one or more of the Skrill-supported cryptocurrencies, from Skrillās partner crypto exchange, establishing a crypto balance in your account
(4) use a portion (or all) of your crypto balance to purchase fiat currency, from Skrillās partner crypto exchange, which will then be added to the fiat currency balance in your account
(5) send a portion (or all) of your fiat currency balance to another Skrill customer
What you cannot do:
(1) deposit any cryptocurrency into your Skrill Cryptocurrency Account from outside the Account
(2) withdraw any cryptocurrency from your Skrill Cryptocurrency Account, except to purchase fiat currency within the Account
(3) transfer cryptocurrency directly from your Skrill Cryptocurrency Account to any destination outside the Account (i.e., to a broker, to your own crypto wallet held elsewhere, etc.)
Here are Sections 5 and 8 of the Skrill Cryptocurrency Terms of Use (Click to enlarge the images)
(The two images below are actually the same width, as captured by Snagit, but the Babypips platform took the liberty of resizing the longer one. That sucks, but ā hey ā Iām just a guest here.)
Thanks for analyzing it ! That sucks, because that was what I was hoping
my associate could do with his Skrill; transfer it to Coinexx via BTCā¦ This guy was
withdrawing from Tradersway, and we were going direct via BTC to Coinexx.
but Tradersway wouldnāt play ball, so he was forced to withdraw using Skrill.
Tradersway successfully stopped him from Money Laundering !!
hyperscalper
It is infact very helpful . He is just trying keep you and me informed about quality of execution these brokers provide. Just like you keep us informed about the scams by gathering information from other forums.
@smallpaul! was wondering did you ever use Tradersway! I am inclined to use them but fpa review and scam alerts page seem to have lot of spread widening complaints about TW.
https://www.forexpeacearmy.com/forex-reviews/8129/www.tradersway.com
https://www.forexpeacearmy.com/community/search/19547483/?q=tradersway+scam&o=relevance
Since you are active there as well, any piece of advise would be helpful
i move my tradersway money to coinexx the last 6month with tradersway there was huge spikes out of nowhere didnāt bother me till it hit home and cost me a few grand. i just hope coinexx donāt turn out to be the same.
EDIT: never had no problem with withdrawal always got my money from tradersway, overall not a bad broker and i did make money with them.