groupthought
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Yes but they have never sent any statements. I have been hit with a £600+ charge out of the blue and this is the first statement of account I have received from them in 3 years plus. I will be ringing them to tell them this is not on and is underhand; maybe I will offer to pay 30% of it or something. If I get no good out of them I will be going to a financial regulator or similarUnfortunately the figures are probably correct. They have been charging 25 pounds or maybe 25 Euro for the past two and a half year plus which has likely amounted to 800 Euro now.
http://www.askaboutmoney.com/threads/sharewatch-change-to-odl-securities.141602/page-5
Yes but they have never sent any statements. I have been hit with a £600+ charge out of the blue and this is the first statement of account I have received from them in 3 years plus. I will be ringing them to tell them this is not on and is underhand; maybe I will offer to pay 30% of it or something. If I get no good out of them I will be going to a financial regulator or similar
Are the obliged to send you out statements, most banks for example don't do that any more, instead you have the facility to go and log in and check for yourself? Do you have that facility with this company?
The same thing has happened to me - I did get updates via email ( not statements as such) in relation to changing processes but never really took in content and often didn't actually read I had no comprehension that this could happen - it is an inactivity charge of £25 pm which meant last month my account was in debit by £60 and they are about to liquidate my shares. I don't know where to start to get this money back about 800 stg. I don't know who regulates.
Yes but they have never sent any statements. I have been hit with a £600+ charge out of the blue and this is the first statement of account I have received from them in 3 years plus. I will be ringing them to tell them this is not on and is underhand; maybe I will offer to pay 30% of it or something. If I get no good out of them I will be going to a financial regulator or similar
FXCM introduced an inactivity quarterly fee c.3 years ago, doubt it'll have grown to €800 by now though. If they hold your €1000 investment then they may offset this against the outstanding debt so may not have to chase you.
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