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📰 UK FCA Issues Another Warning Against Unauthorized Forex Brokerssubmitted by WikiBitPH to u/WikiBitPH [link] [comments]
🔎 Read the full article here:
✔️ Download the WikiFX App to get updated and more information.
#wikifx #wikifxph #forex #forexnews #forexupdate #forexph #forextrading #philippinesgram #pinoy #davao #adventurephilippines #manila #phillipines #mindanaom #philippines🇵🇭
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Hi folks, Tendie Baron here.submitted by Tendiebaron to Superstonk [link] [comments]
Today, on 6/21, Forex/CFD broker IC Markets has put BBBY as "Only Position Closing is allowed"
Here is the proof:
Screenshot of 6/21, shows that a small amount of BBBY buy using market orders failed because of \"Only position closing is allowed\". Note that the timestamps are in local time, the attempted buy orders were done during market hours. In the screenshot I blocked out the account number from my source.
In the past, my source has shared me reliable information before, so I trust my source. But I figured that checking and verifying could never hurt. That's why I reached out to IC Markets myself, using their customer service widget on the website. At first you get a bot, but after 3-4 questions you can actually talk with a real person. Here are the screenshots of my chat with the customer representative:
So the customer representative is actually saying that there was NO PCO on BBBY. Neither this morning or at the moment.
So I reached out back to my source, sharing the screenshots I've shared here. Most important: I blocked out the customer rep's name.
But according to my source, he STILL CAN'T OPEN A POSITION, due to "Only Position Close"
I asked him to reach out to IC Markets himself to inquire on why he was getting this notification.
BBBY IS IN FACT PCO!
Note: When I shared the screenshot with my source, I had already blocked out the name of the customer rep. When I received the screenshots from him, I saw the name. It was the SAME NAME as the customer rep I spoke with. This is why I have no doubts on the validity of the screenshots received.
Another screenshot with a different time (local time, about an hour before EOD), showing that BBBY is in fact STILL PCO'ed!
CFD brokers are basically betting against their own customers. The fact that they have BBBY on PCO, most likely means that they have high confidence in BBBY running.
Fun fact: They PCO'ed the popular gaming retail chain on 5/19/22, and that stock ran nearly 30% six calendar days later... Probably nothing...
Did you like this content, and do you want to see more of my content? You can choose to follow Tendie Baron on Twitter or here on Reddit, neither are monetized. Feel free to check out my profile.
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