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www.tradefutures4less.com (Review)
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www.tradefutures4less.com (Review)

  #11 (permalink)
Super Moderator
London UK
 
Trading Experience: Beginner
Platform: CQG
Broker/Data: S5
Favorite Futures: Futures
 
xplorer's Avatar
 
Posts: 4,871 since Sep 2015
Thanks: 12,088 given, 10,728 received


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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  #12 (permalink)
Limassol, Cyprus
 
 
Posts: 16 since Sep 2019
Thanks: 4 given, 9 received

Are these guys still in business?

All I could receive was an automated message that they will reply within 24 hours. Almost at 2 weeks and still nothing. No idea how far they are with opening my account.

Discounts are good, discounted service and communication is not - especially when you are supposed to trust sending your money to these guys.

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  #13 (permalink)
Chicago IL/USA
 
Trading Experience: Advanced
Platform: S5 Trader
Broker/Data: Stage 5 Trading
Favorite Futures: ZN, ES, GC, FESX, Stocks
 
Stage5 Anthony's Avatar
 
Posts: 34 since Apr 2013
Thanks: 39 given, 40 received


Hi @xbfut,

Sorry for the delays in the response. We have had email issues as of late that have caused us to miss incoming emails. This issue should be sorted now and our service back in action. Please send me a direct message so I can sort this issue out with you and ensure you are taken care of.

Thank you for your patience as we work through these issues.

Best,
Anthony

Risk Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results.
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