Thursday, 18 August 2011

Do not authorise Broker to send Contract notes by email

Often Brokers take advantage of  ECN Authorisation. Either they do not send you password to access their web site or ECN do not open up. You remain ignorant about trades taking place behind your back . Sudedenly, one fine morning , Brokers tell you that there is large debit in your trading account. It is preferable to insist on physical delivery of contract notes and if you do not receive contract note within 24 hrs, you must complain in writing and disown the transaction if you smell fish. 

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