Originally Posted by pablo
I use a trading platform and will share the little i know. It is simply a system for managing trades, primarily on the forex market (but there are others). These can handle huge amounts of money, and wt's take 2-3 days, and cheques can also be issued. As a lot of pips' money is generated via trading platform, withdrawing directly from there to members accounts would be the most direct solution to withdraw funds. That is ... providing it does not interfere with the trading activities!! That is a concern to me, and the fact that this seems to be happening just shows how fed up they are with the banks. It really is a last resort solution given current resources available. If this causes a problem with the trading accounts, then pips returns will take a bit hit. Speaking of which, i was looking at the monthly returns on the pips website and it seems last month weighed in at a measly 4.x rather than the usual 9 or 10.