• https://www.onecfd.com:
    Contracts for Difference:
    SITE REVIEW

    I was asked to do a site review for onecfd.com which is a site for Contracts for Difference located in the U.K. While this is a U.K. site, Contracts for Difference are available in Canada.

    If you do online stock trading this site might be something you want to check out.

    Since Contracts for Difference is a new terminology relating stock trading programs to to me I up the definition of Contracts for Difference.:
    A contract for difference (or CFD) is an agreement between two persons, the buyer and the seller, which says that the selling party will pay to the buying party the difference between the current value of an asset and its value at the time that the contact was entered into. (If the net sum is negative, then the buying party pays instead to the selling party.)

    If you're an online stock trading broker who is involved in taking long or short positions, this is a site that you will want to check out.

    This is a secured site which means that you will be dealt with in confidential and professional manner.



 
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14 Comments
On Dec 9, 2009, Karren Said:
After reading all the post replies I think it was all a big misunderstanding, as there is One Financial company in Canada which is nothing to do with One Financial UK, whose site is under review here.
Simple
On Dec 6, 2009, musarrat chima Said:
i have read yours web site i am happy to read this this is a great chance to earn
i like to join to u.
thanks.
musarrat chima
On Dec 1, 2009, Mike Lie Said:
I have funded usd850 on 26 November 2009 to my Onefinancial account. But until now they dont fund the money to my trading account. and yet Now they block my MT4.. What a lie.. Their system says that my funding succeed n stil they dont fund to my account. i checked my Credit card account with my bank and they said they have already deduct the money to One Financial... Please give my money back..
On Dec 1, 2009, Awg Hairil Said:
Hello
On Nov 20, 2008, Monty Loree Said:
hey boby,

It's best to put the links on the site here.
That's where I would put them if you emailed them to me.
On Nov 20, 2008, boby monty Said:
Hello there,
Please provide me an email adress so i can send you all the proofs.And let me know what you need exactly
On Nov 20, 2008, Monty Loree Said:
Please do provide that information.. I am interested in a factual approach to things. Facts speak louder than blog comments :)

Please provide links to your references.

Thanks
On Nov 20, 2008, boby monty Said:
If needed i can provide the last statement of this company showing their losses and who is the real owner of this company.The mother company is registered in jersey.If anyone need any information about that ,just put your email adress here and i ll provide all the proof .
By the way, i ahve contacted papajoe and he confirmed me that those guy didn t respect the agreement of not cutting any positions as he has sent them money to meet the margin call.But as they have seen the market was moving against them,they have liquidated all his positions without respecting the said agreement.Papajoe confirmed me that he is in process to sue them legally in uae (as the owner is an emirati and the money was sent in uae from uae)and also the same action is taken to sue them in uk.
So my advice is please don t trust this kind of bucket shop.
On Nov 20, 2008, bobymonty Said:
Hello there
i find strange a company wich is coming on someone blogs to defend itself.
I have done some research on you company and all information provided by 'papajoe' are true.
I think if he have told that you are a cheater it should be something real inside.
I hope no customer will use your service as it s the first time i m seeing a company coming in a blog to defend itself
On Nov 19, 2008, Monty Loree Said:
Hey One Financial.
This is an opinion based blog...
I don\'t think a legal suit will be too productive for you.

I\'m glad that you took the time to explain your situation though. It\'s always good to have the real story
On Nov 19, 2008, One Financial Said:
We note the comments posted by 'papajoe' on your website and would like to respond to these.
Whilst losses have been experienced by many traders during recent extreme volatility in the financial markets, One Financial cannot be held responsible for the poor judgement or recklessness of any individual who trades excessively, carelessly, without adequate trading protections or beyond their financial means. This individual took irresponsible risks trading very volatile markets during a period of unprecedented uncertainty in the financial markets. He did so without any stop losses or other loss-limiting actions, despite the advice given to him to do so. As a result, when the markets fell significantly, he lost his money. His comments bear no representation to the truth and are considered a means to illegally seek compensation for his self-induced losses. One Financial is Authorised and Regulated by the Financial Services Authority under the Statutes imposed by the UK Government. Full details of our company may be found on our website www.onecfd.com ; the claims made against us are without any foundation whatsoever and the comments posted by this individual bear no representation to the facts, either in respect of One Financial's status as a company, or to the trading losses experienced by this individual, or in respect of his attempts to extract recompense from the company under false pretences. One Financial is now taking legal action against 'papajoe' for the libellous comments posted on this site. We thank you for this opportunity to provide some facts behind the false allegations made by this individual.
On Oct 18, 2008, Monty Loree Said:
They a secure site. Have you contacted their website provider?

I was asked to do a site review on them. I don't know them personally, and haven't dealt at all with them.

Can you give us details of how they scammed you out of $254,000?
On Oct 18, 2008, Papajoe Said:
this company is a scam don t trust them .they have cheated me of 254 000 usd never work with them.
They don t have suffcient funds and they are loosing money and based in jersey and acting from virtual office.
On Apr 4, 2008, Sdumae Said:
CFD seems to be a bright option and Monty ,you are really lucky to be associated in these types of projects.All the best and thanks for this post.
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