MarvinS said:Jimbo please clarify seats and clearing....
MarvinS said:Laptop i shall see what i can do for you! But what is your account number? Give me a call this afternoon as i am on a late shift.
I shall be away on Friday, going to Hong Kong and Singapore. However i will definately be in touch with you chaps! Happy Trading....
laptop1 said:Just to let you guy's know. Marvin asked me to call him to see what he could do for me
We had a long chat over price issues and data feeds and they looking to have something
in new in place in a few weeks time. Anyway we have come to an agreement and I'm back
trading with them.
think if marvin had been upfront from the beginning re clients nicking free money we may have got a lot further. can understand him not wanting to go into it with us.carnt understand how you would know bid or offer if only refreshed every 20 secs as was mentioned earlier?.fxmarkets said:Cheers laptop, lets hope Worldspreads give you what they advertise, Instant fills and welcome you, as marvin has stated to come in and nick a few points scalping .
what can you tell us all about the price issues and data feeds that may be helpful for members here lookin in on Trade2win ? what did worldspreads imply about those issues exactly ?
unless Marvin cares to respond regarding this detail regarding price,data and scalping opportunities.....
Marvin, how do clients stand now regarding these points please, especially your invitation with regards to scalping etc... can we have clarity from worldspreads.....pls.
Also any advance regarding 50 note trader on points and holding ,was s/he phone only due to frequency being 4 only transactions per day etc. ? how many transactions does a client need to make in order to satisfy worldspreads that they are eligible or qualify to use the online order route and is that client limited to any specific size limit of order ?
Marvin whats your selection criterior regarding which clients are forced to go onto phone and referrals to dealer procedure how do you measure it etc? is it because they do not do enough transactions the online route ? what do you reccomnend clients who may be in that position to do ?
And a final, still not sure about, you mentioned worldspreads clients nicking free money from worldspreads (whatever that means, hmm what do you mean by it anyhow ? i'll have a bit of that thankyou.... ) because worldspreads price quote wasnt as it should of been or something ,being unreal and unfair , how would a worldspreads client know a worldspreads quote then, was true and fair to deal on ? what should a client of worldspreads be looking for exactly to aid in this decision to obtain fairness and realness of price before they choose to deal ?
Thanks in advance
fx.
think myself there's plenty of room in industry for the likes of ib, fb, and yourselves to make a impact on the market as you all offer a different service.MarvinS said:Only thing that changed my mind was someone and mentioning no names said that we would be larger than a leading competitor begining with a C very soon. I just thought a little more transparency would not harm. Personally i am fed up of the games that are played in this industry and it is now close to the time that money making institutions have to start paying up. Private clients have become trading savy and more sophisticated, i suppose it is now time we stopped trying to patronise traders that are more knowledgeable than the firms themselves....
MarvinS said:. Any ideas on how we can expand our business?
MarvinS - DCarrigan - i have no doubt there is still room for a boutique liek ourselves. No interest yet in being a supermarket and getting too far ahead of ourselves. Any ideas on how we can expand our business?
fxmarkets said:1.Marvin I would of thought that the basic platform needs to be sorted out yourside so this nonsense about worldspreads clients are dealing on prices which you deem to be not real and not fair , hmmm I thought the quotes come from yourside anyhow ? I also thought that clients orders may reflect or alter a bookies quote therefore not neccessarily giving an acurate reflection at times of the underlying anyhow ? what i read into that is you must be vetting on a rolling basis and withdrawing varying degrees of service to those clients who know a bit about trading or something and this is where it gets funny cos you want people to come and do trade right? only they cant? huh.. whats going on?
2.secondly referring clients to phone and restricting the size is ,in my view anyway ,is as good as saying banned, push off , we'll select a more down to earth punter thankyou very much, hence my headline a few posts back of "brand new customers only" and by that I mean new as in new to the biz of trading .
3.Marvin if you were trading and doing ok, then you were referred to dealer phone only and knocked back to a quid a point, How would you feel about that ? empathise with the client for a moment, your customers. what have they done wrong, anything? you tell us that some punters up 50K since may only trading 4 times.a day . whats acceptable to worldspreads about that 50 note customers profile verses the clients who are given the special treatment and shut down?
4.also there a still a few outstanding questions on the thread, might be helpful if they are dealt with.
5. Evil Knievel is in town 1.5 mil. in a few weeks, free course going.
6. open a florists. none of this nicking flowers from gardens to sell though.
I do find it quite bizarre an SB can open then need to ask on a BB how to expand their business. Surely, like any business or trading in fact, in order to open the business in the first place you would have a busines plan and not only that, one that rises above the rest... (edge)...MarvinS said:... Any ideas on how we can expand our business?