LiteForex - take your first step to financial freedom

Shuvalov · Nov 27, 2009, 7:58am

Quote:

Originally Posted by Andrea Johnson

Guys, I always wanted to ask, why do companies such as yours always have offshore registration? Any problem with law in normal countries?

Dear Andrea Johnson,
There is no problem with law. Brokers willingly register in offshore financial centers because of tax optimization. Like any other company we want to minimize taxpaying. Nothing illegal. This is a common practice when financial companies (as well as companies of any other sort) go offshore.

jaspertrademaster · Nov 29, 2009, 12:57pm

Making the most money is always the bottom line.

chilltrader · Nov 29, 2009, 2:05pm

Also, no regulations mean one can wind up shop and disappear with great ease :-)

jaspertrademaster · Nov 29, 2009, 2:16pm

Right, the better to fleece you with, my dear.

Mikhail Tegin · Nov 30, 2009, 2:58am

chilltrader, you are not quite right when claiming there're no regulations. If a company is registered offshore it also has to obey rules and laws of the where it performs it's activity as well as international laws concerning, for instance, tax paying

jaspertrademaster, established companies try to maintain their image and goodwill, so they prefer to be honest with clients and provide them with highest quality services

Irochka19 · Nov 30, 2009, 6:20am

Hello Liteforex representatives, I just learning forex. Las Friday I was going to do a buy trade on EUR but confused buttons in the terminal and clicked Sell instead of Buy. I didn’t want to sell EUR at all. Price was at 1.4855 and now it’s higher than 1.500. How can I cancel that trade cuz it was just a mistake?

Shuvalov · Nov 30, 2009, 7:56am

Quote:

Originally Posted by Irochka19

Hello Liteforex representatives, I just learning forex. Las Friday I was going to do a buy trade on EUR but confused buttons in the terminal and clicked Sell instead of Buy. I didn’t want to sell EUR at all. Price was at 1.4855 and now it’s higher than 1.500. How can I cancel that trade cuz it was just a mistake?

Dear Irochka19,
Unfortunately we cannot help you in this situation even if you confused buttons by mistake. Once opened the trade can be canceled only by taking the opposite trade. It means that you have to do a Buy side trade to close your position and fix the losses. There is an alternative – you can wait for the price go down. But this can be very dangerous.

Irochka19 · Dec 1, 2009, 5:58am

Quote:

Originally Posted by Shuvalov

Dear Irochka19,
Unfortunately we cannot help you in this situation even if you confused buttons by mistake. Once opened the trade can be canceled only by taking the opposite trade. It means that you have to do a Buy side trade to close your position and fix the losses. There is an alternative – you can wait for the price go down. But this can be very dangerous.

darn, how dont you understand i wasnnt going to sell. your made this stupid mtatrader not me. nothing can be understood from it. 4 days gone and i’m loosing 200 usd. I can see now why everyone says you cheat

Nov 29, 2009, 12:57pm	#74
jaspertrademaster Senior Member Member Since Nov 2009 136 Posts	Re: LiteForex - take your first step to financial freedom Making the most money is always the bottom line.

Nov 29, 2009, 2:05pm	#75
chilltrader Legendary Member Member Since Jan 2008 1,302 Posts	Re: LiteForex - take your first step to financial freedom Also, no regulations mean one can wind up shop and disappear with great ease :-)

Nov 29, 2009, 2:16pm	#76
jaspertrademaster Senior Member Member Since Nov 2009 136 Posts	Re: LiteForex - take your first step to financial freedom Right, the better to fleece you with, my dear.

Nov 30, 2009, 2:58am	#77
Mikhail Tegin Junior Member Member Since Sep 2009 47 Posts	Re: LiteForex - take your first step to financial freedom chilltrader, you are not quite right when claiming there're no regulations. If a company is registered offshore it also has to obey rules and laws of the where it performs it's activity as well as international laws concerning, for instance, tax paying jaspertrademaster, established companies try to maintain their image and goodwill, so they prefer to be honest with clients and provide them with highest quality services __________________ Best regards, Mikhail Tegin LiteForex Group, Financial Consultant

Nov 30, 2009, 6:20am	#78
Irochka19 Banned Member Since Nov 2009 17 Posts	Re: LiteForex - take your first step to financial freedom Hello Liteforex representatives, I just learning forex. Las Friday I was going to do a buy trade on EUR but confused buttons in the terminal and clicked Sell instead of Buy. I didn’t want to sell EUR at all. Price was at 1.4855 and now it’s higher than 1.500. How can I cancel that trade cuz it was just a mistake?

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