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Thread: net capital

  1. #1
    Bullish KeepPips's Avatar
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    Wink net capital

    Dear all,

    I would like to know about FxOpen's net capital.
    I have heard some people said "They have 10 million USD." but I can't check that word is the truth.

    1. How much FxOpen's net capital?
    2. How to check FxOpen's net capital?

    Thanks.

    Sincerely,
    plypun.
    Last edited by KeepPips; 02-25-2009 at 03:25 PM.
    The trend is my friend.

  2. #2
    Bullish KeepPips's Avatar
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    I have try by myself with support but now I can't check the real net capital.
    Is the FxOpen's net capital forbidden?
    ----------------------------------------------------------------
    11:11 PM pae
    Hello.
    11:12 PM Hanna
    Hello, how can i help you?
    11:13 PM pae
    I would like to know about your ner capital.How to check your ner capital?
    11:13 PM pae
    "net capital"
    11:19 PM Hanna
    it's about $50 million
    11:22 PM pae
    How to check .And on the FAQ .It'show just 10 million.
    11:27 PM Hanna
    the information on the FAQs page is outdated, it shows last April's data, we have grown since then
    11:28 PM Hanna
    I gave you the latest info
    11:29 PM pae
    So please up to date the data and Could I see the net capital ? Is this the forbidden information?
    11:31 PM Hanna
    our net adjusted capital is now about $590 million
    11:31 PM Hanna
    * Sorry! $50 million
    11:34 PM pae
    I can check another broker(in USA) on CFTC.
    11:34 PM pae
    This link http://www.cftc.gov/marketreports/fi...fcms/index.htm
    11:34 PM pae
    How to check your information that you give me is the truth.
    11:36 PM Hanna
    well, we are not regulated by CFTC or NFA because we are not aUS based company
    11:38 PM pae
    Yes.I already know about that.But I can't trust in your information which based on your word.
    11:43 PM Hanna
    ok, let me check if i can give you a link like this
    11:44 PM pae
    I am waiting for you.
    11:53 PM Hanna
    you should e-mail [email protected], maybe they can provide a link to you
    11:53 PM pae
    Thanks for all.
    11:53 PM pae
    Bye.
    The trend is my friend.

  3. #3
    Market Maker ilearn2t's Avatar
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    Default

    Quote Originally Posted by plypun View Post
    I have try by myself with support but now I can't check the real net capital.
    Is the FxOpen's net capital forbidden?
    ----------------------------------------------------------------
    Hello plypun

    Can't help you with your question above, but I think I know why you need to know the true net capital of a broker, the higher net capital the longer they stay in business. If a broker did manage to misappropriate members funds the more n/c they have the less chance of bankruptcy. (Please don't quote me if I'm wrong just my thinking)

  4. #4
    Bullish KeepPips's Avatar
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    Quote Originally Posted by ilearn2t View Post
    Hello plypun

    Can't help you with your question above, but I think I know why you need to know the true net capital of a broker, the higher net capital the longer they stay in business. If a broker did manage to misappropriate members funds the more n/c they have the less chance of bankruptcy. (Please don't quote me if I'm wrong just my thinking)
    Yes ,I would like to put my capital to FxOpen more than now.So I would like to trust in this firm.
    The trend is my friend.

  5. #5
    Director of FXOpen Aus FXOjafar's Avatar
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    Default

    Hi All

    FXOpen is not required by regulators to open up it's books to the public like American firms are forced to. Some more up to date details about the company and regulatory information will be posted in the next website update.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
    Australia
    AFSL:412871 ABN:61 143 678 719
    http://www.fxopenaus.com

  6. #6
    Bullish KeepPips's Avatar
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    Quote Originally Posted by RebateFX.com View Post
    Hi All

    FXOpen is not required by regulators to open up it's books to the public like American firms are forced to. Some more up to date details about the company and regulatory information will be posted in the next website update.
    I would like to know you are not Close to Bankruptcy.
    The trend is my friend.

  7. #7
    Piplet
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    Quote Originally Posted by RebateFX.com View Post
    Hi All

    FXOpen is not required by regulators to open up it's books to the public like American firms are forced to. Some more up to date details about the company and regulatory information will be posted in the next website update.
    Could you also please update the FAQs? - and I agree with plypun you can earn more trust by open your books to your customers.

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