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  #11 (permalink)

Super Moderator
London UK
Trading Experience: Beginner
Platform: CQG
Broker/Data: S5
Favorite Futures: Futures
xplorer's Avatar
Posts: 4,876 since Sep 2015
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sleip View Post
this is frightful!
I always experinced Patel as a very decent person, always willing to help. The funds should be safe, as they are controlled by dorman.

This, and the mail yesterday about 5stage is taking over makes me nervous now. Hm.......

I don't think there's any cause for concern.

As you say, the funds are held by the FCM, not the broker. To the best of my understanding the broker never sees nor have they access to the funds.

I see this transition to S5 as positive. Especially because I understand S5 not to be a one-man-band.

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