Echelon bankruptcy

Not sure bankruptcy is the right word for what these 'scrotes' did,but just wondering did anybody get any compensation via the FSCS after they ceased trading?

I was a bit late getting my claim in (too busy trying to keep head above water) so not sure if this has anything to do with it. I was taking direction from traders university (with whom I learnt some spreadbetting strategies),but do not know if anyone else ever had any success in getting lost funds back from their (empty)trading accounts.

Should i just forget about it (no-one seems to be interested anymore at TU or FSCS),or carry on hoping?

What was their relationship to Traders University?

They were recommended by them as a spread betting platform for trading.The echelon platform was featured heavily in traders university trading manuals and demo's.Other than that,i don't know.I believe greg secker also lost money with them when they went down.

is it possible to write more regarding Echelon ?

I never heard of them, it would be good for the community to add the full story !

Are you sure it wasnt just a white label platform that Traders University were running? Either way you can be sure that if they were promoting it at their courses then they were getting a good commission from them.

beaumontnz said:

They were recommended by them as a spread betting platform for trading.The echelon platform was featured heavily in traders university trading manuals and demo's.Other than that,i don't know.I believe greg secker also lost money with them when they went down.

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I see Knowledge to Action aka Traders University can't stop themselves from being deceitful. Now they are advertising their course as a job in the Guardian

http://jobs.guardian.co.uk/course/9...nk=Network front_jbx_vac&INTCMP=ILCNETTXT177&

pboyles said:

I see Knowledge to Action aka Traders University can't stop themselves from being deceitful. Now they are advertising their course as a job in the Guardian

http://jobs.guardian.co.uk/course/9...nk=Network front_jbx_vac&INTCMP=ILCNETTXT177&

Click to expand...

LOL - very funny.

A quick google search - or failing that, a minimum amount of common sense - would tell people to steer well clear of anything to do with that lot.

If you see a course advertised in the "jobs" section that ends like this:

"Let's face it, the only person who has anything to lose by you attending ... is the taxman."

well, what can one say

I see Knowledge to Action are now the subject of an FSA alert.

http://www.fsa.gov.uk/pages/Doing/Regulated/Law/pdf/knowledge.pdf