ForexNation.Org gives brokerage profits to charity

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McNish
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Re: ForexNation.Org gives brokerage profits to charity

Post by McNish »

dan68 wrote:..., think eatradingonly's reference to white label was meant for FXN
Ya i think you are right, my bad :oops:
Thanks for clarifying. Cheers, :)
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dan68
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Location: Australia

Re: ForexNation.Org gives brokerage profits to charity

Post by dan68 »

hey McNish, the issues of the BBook (how and when it's used), and also whether FX really is a zero sum game, take a little bit of understanding. In our search for great partners we discovered that there are far fewer rip offs than there are trader conspiracy theories ;). That said, there's a reason why googling "forex" often ranks "scam" in the same search results :o . Broker disclosure is the key to happier fx trading and we're delighted that GP have set the ball rolling. We look forward to joining them.
Last edited by dan68 on Mon Jul 01, 2013 8:25 am, edited 1 time in total.
123Reverse
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Re: ForexNation.Org gives brokerage profits to charity

Post by 123Reverse »

dan68 wrote: Hi AltosT. Thanks for yr question. Forex Nation Pty Ltd (“FXN”) is a private company registered in Australia and owned by Erick and I, not AxiCorp. ~~
From your web site for depositing funds "Forex Nation Account Name: AxiCorp Client Trust".
Is the normal for a white label?
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dan68
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Location: Australia

Re: ForexNation.Org gives brokerage profits to charity

Post by dan68 »

123Reverse wrote:
dan68 wrote: Hi AltosT. Thanks for yr question. Forex Nation Pty Ltd (“FXN”) is a private company registered in Australia and owned by Erick and I, not AxiCorp. ~~
From your web site for depositing funds "Forex Nation Account Name: AxiCorp Client Trust".
Is the normal for a white label?
No, but we're not a normal white label, we're a charity with a commercial white label operation and the AxiCorp client trust facility is one of the services AxiCorp Financial Services donates to our operations. Their global operations enable banking all around the world which means our international trading clients can enjoy the security of Australian-based/ASIC-regulated trading with the convenience of local deposits. We think it's a tidy feature!
eatradingonly
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Re: ForexNation.Org gives brokerage profits to charity

Post by eatradingonly »

McNish wrote:
dan68 wrote:..., think eatradingonly's reference to white label was meant for FXN
Ya i think you are right, my bad :oops:
Thanks for clarifying. Cheers, :)
yeah sorry, I was referring to FXN when i was mentioning them being a white label of Axi. And from my experience I wouldn't put much stock in the comments of Axi running a B-book. They were one of the few brokers where tick scalping worked (while it lasted, now it doesn't work anywhere) :(
dudest
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Re: ForexNation.Org gives brokerage profits to charity

Post by dudest »

Hallo Eric, Dan,

Thanks for this great initiative!

I have gone through your website and account offerings, and <everything> looks very similar to AxiTrader (!). [ Also, in the scrolling thanks on the home page, AxiCorp are among those thanked :) ]

Are you a white label of Axi?

Cheers

EDIT: Have just seen this has already been asked and responded to. Cheers!
dudest
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Re: ForexNation.Org gives brokerage profits to charity

Post by dudest »

McNish wrote: ...
Also i don't see NzdCad & NzdChf pairs. i believe they come under the standard 28 pairs set. There are others though instead to make up for 29 pairs (AudSgd, usdsgd & usdzar)
...
Yeah, same as Axi (no NZDCAD, NZDCHF). I don't think these are 'standard'

Cheers
dudest
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Joined: Tue May 08, 2012 2:37 pm

Re: ForexNation.Org gives brokerage profits to charity

Post by dudest »

Hallo again Eric & Dan,

Practical question for you please:

So, I already have a live Axi a/c. Apart from the fact that FXN's profits go to charity, what other tangible benefits would I get as a trader that I'm currently not getting with Axi?

Thanks
dudest
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Re: ForexNation.Org gives brokerage profits to charity

Post by dudest »

dan68 wrote: ... There's simply enough for everyone and we think sharing makes life interesting.
I concur!
Actually the nature of our charitable projects is really exciting - including putting together teams of traders to teach and mentor women in emerging economies as part of our educational programs - but I'm going off piste now, so those details on request or another time...
I like the sound of this. More details please! :)
dudest
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Re: ForexNation.Org gives brokerage profits to charity

Post by dudest »

dan68 wrote:Hi Steve and traders. My apologies for lurking so long without posting. However I'd like to add my voice to the move for transparency in this industry. We at Forex Nation know and love the Global Prime FX boys and look forward to working with Jeremy and the team whenever possible to promote industry transparency, corporate authenticity and social conscience. Not a moment too soon, times they are a changin'
Dan Lehrer
ForexNation.Org
Jem!

Why the resistance?!
danielle.png
Note: Steve said to do due diligence, this is just that!

@"dan68": hubba-hubba :)
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