Samuinick
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Cash: $ 0.45
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Joined: 17 Aug 2010
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| Forex Contracts |
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I signed up to a forex company a few eeks back and got a quote from them to send money overseas which I was told would be valid for 3 days. Noticing the exchange rate was improving slightly in my favour I decided to wait and see what happened and asked them for a new quote.
I was told no problem and a new figure was given. On the day that I am now deciding to make the exchange I am told I am in breach of contract. It seems when I was given a verbal quote over the phone I had entered into a contract and am now being threatened with legal action.
This sounds very strange to me, if this was the case they should have told me when I asked for the new quote. It all just seems very unprofessional.
Is these verbal contract terms normal in the forex world or should I be wary?
Cheers
Nick
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Tue Aug 17, 2010 2:27 pm |
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Samuinick
New Poster
Cash: $ 0.45
Posts: 2
Joined: 17 Aug 2010
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Thanks for the reply Coaster, when I say signed up I mean online registration with a huge terms and conditions page which if I'm honest I didn't read but had to agreed to.
I will see what I can do with the recorded phone calls but when I asked they said they couldn't find it.
Cheers
Nick
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Wed Aug 18, 2010 4:45 am |
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12bata
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The foreign exchange market (forex, FX, or currency market) is a global, worldwide decentralized over-the-counter financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies
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Fri Apr 29, 2011 6:18 am |
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Einstien76
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Cash: $ 1.80
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Joined: 30 Apr 2011
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The foreign exchange market (forex, FX, or currency market) is a global, worldwide decentralized over-the-counter financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.
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Tue May 03, 2011 4:18 pm |
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