Results 1 to 4 of 4
  1. #1
    Standard Member Array Tallinex's Avatar
    Join Date
    Jun 2013
    Posts
    2
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Tallinex (tallinex.com) official forum thread

    Greetings. This is the official forum thread for Tallinex (tallinex.com). We are a MetaTrader4 Forex broker from Estonia offering some of the most competitive trading conditions on the market along with our unique professionally managed accounts at http://www.tallinex.com/mm-details where we award a 100% equity credit bonus on all deposits up to $50,000.

    We will be happy to answer any questions and address any suggestions you might have.

  2. #2
    Platinum Member Array iqofgenius's Avatar
    Join Date
    Mar 2010
    Location
    United States
    Posts
    778
    Thanks
    158
    Thanked 438 Times in 147 Posts
    My concern is safety of funds and what happens if you go out of business. Also, what if the United States tries to play hardball with you. Long distance phone calls to Estonia are not cheap either.

  3. The Following User Says Thank You to iqofgenius For This Useful Post:


  4. #3
    Standard Member Array Tallinex's Avatar
    Join Date
    Jun 2013
    Posts
    2
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Quote Originally Posted by iqofgenius View Post
    My concern is safety of funds and what happens if you go out of business. Also, what if the United States tries to play hardball with you. Long distance phone calls to Estonia are not cheap either.
    Your funds with Tallinex are as safe as anywhere else - probably more so!

    All client funds are held in segregated "off balance sheet" accounts at Swedbank - the largest and most conservative regional bank so, even if Tallinex did "go out of business" as you put it, the funds would be completely safe and untouched.

    In addition, you'll find that the most prominent cases of clients losing their deposits were all related to large, famous US brokerages (Refco, PFGBest and MF Global) who were under supposedly extensive regulation and monitoring by the NFA, CFTC and SEC.

    You can read about them here:
    http://en.wikipedia.org/wiki/Refco
    http://en.wikipedia.org/wiki/Peregrine_Financial_Group
    http://en.wikipedia.org/wiki/MF_Global

    As you'll see from the links above, US "regulation" provides clients with none of the protection that they think it does and, in the case of US resident, does nothing more than restrict the facilities available to them.

    In terms of the US "playing hardball with us"... Tallinex complies fully with all applicable laws of Estonia and, since Estonia is not a US overseas territory, the US has no recourse. Should the US government make a formal request to the Estonian government, and they decide to oblige by instructing Estonian brokers not to allow US residents, then that instruction will be complied with. Until such time though, US clients are welcome.

    I hope that clears up the issue for you.

  5. #4
    Platinum Member Array iqofgenius's Avatar
    Join Date
    Mar 2010
    Location
    United States
    Posts
    778
    Thanks
    158
    Thanked 438 Times in 147 Posts
    Dear Tallinex,
    I appreciate your reply and I agree with your findings on US brokerages. Would I be able to deposit and withdraw from Swedbank or even carry a Swedbank "ATM" card. I guess I do not fully understand what my relationship would be with them. I do find it interesting that the U S government can actually demand that a foreign government comply with U S banking laws.

  6. The Following 2 Users Say Thank You to iqofgenius For This Useful Post:


Similar Threads

  1. EXNESS official representative
    By EXNESS in forum Forex Broker
    Replies: 1277
    Last Post: 10-21-2017, 07:40 AM
  2. ACCENTFOREX official thread - www.accentforex.com
    By eleich in forum Forex Broker
    Replies: 175
    Last Post: 06-28-2013, 08:28 PM
  3. Tallinex
    By autorebateforex in forum Forex Broker
    Replies: 0
    Last Post: 03-27-2013, 11:44 AM
  4. ACCENTFOREX official thread - www.accentforex.com
    By eleich in forum Diskusi Broker
    Replies: 5
    Last Post: 10-30-2012, 04:56 PM
  5. New Ferrari(Official Video)
    By Prim in forum Other Stuff
    Replies: 6
    Last Post: 03-03-2011, 11:04 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •