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CMC -
Deal4free
Below is a copy of an
email I received.
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Good Afternoon,
This afternoon, I have left a message on the answer phone at GMASS
asking if you could contact me.
I purchased your Dow Elevator Trading system in December. Since
then
I have been trading using the CMC - deal4free trading platform.
I have been using the systems as in your course and have been
doing
extremely well, building the account up into excess of
£2,000,000.
Until recently, I had not withdrawn any funds from the account. Over
the
past couple of weeks I have requested numerous BACS/CHAPS payments
all of which have never materialised.
Could you please call me on my mobile, ********* to advise if you
have also experienced any problems with CMC seeing as you recommend
them in your manual.
I hope to hear from you soon.
Kind regards
P. H.
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A second email contained
the following information..........
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Hi Glynn,
Sorry I missed your call.
Thank you very much for
contacting CMC on my behalf. I have
already spoken to
********(Compliance Officer) at CMC. I have
forwarded my statements
to him and he is currently in the process
of looking into them.
Again, thank you very much for your concern and the actions you
have
taken on my behalf.
I will keep you informed of any developments in this matter.
Regards,
P.H.
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My comments...........
I sent a copy of the above
to a number of people to see if they had experienced any problems
with CMC (Deal4free).
I personally have never
had a problem with them. Neither has any
other person emailed me with major problems regarding CMC.
I recommend using
Deal4free because of their low Dow spread
(5pts). You can use other companies for your trades, but
until I know the outcome of this I will still recommend you use
them.
NOTE: I'm not in any way affiliated with CMC. It makes absolutely
no
difference to me whether you use them or not.
Two million pounds is a
substantial amount of money, but there is no real reason why you
should keep more than £120,000 in your trading account. You should
withdraw some of your profit from the account every month - even if it's
just a small amount.
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You will need to watch this space for the
outcome.
THIS PAGE LAST UPDATED 4th
July 2004.
The last email I had was
to confirm that an investigation was now
being carried out. However this may take anything up to 2 years, so
please don't email for an update as it will be posted here when we
receive any news.
THIS PAGE LAST UPDATED 4th
August 2004.
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THIS PAGE LAST UPDATED
20th June 2005.
As I've not heard anything
else from P. I can only assume that
everything has been sorted out and that's an end to it.
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