Is there such a thing as an honest broker

Feb 17, 2015 at 19:55
5,451 Views
36 Replies
Member Since Feb 17, 2015   2 posts
Feb 17, 2015 at 19:55
First TMS Capital tried to screw me out of commissions AFTER I submitted clients, then I signed up as an IB to Alfatrade UK ltd. The guy here was Tom Harrington who claimed he was the CEO ( but I cannot find any reference on Co House). His sidekick is Benjamin White.
I introduced one of my introducers to him who invested £5k as a tester. It soon came to notice that these guys really didn't have a clue. I kept asking for details of the money manager, but they would not tell me. Eventually they sent me a link to a trader on myfxbook called VSV trader. Seemed a little dodgy to me so I asked for the last 6mnths trading results as this page only showed up to Aug 14. Five weeks later and nothing!
Now I find out that the above Tom has set up a new company called Centretrade FX AND teamed up with Valbury Capital. He then rang my introducer and invited him to a meeting to meet Valbury. My introducer called me to tell me and, after telling them he should not have called them direct, Tom called me but told me my introducer had called him asking for the meeting.
It seems now that everything is going through Centretrade Fx and not Alfatrade who I signed up with.
Another introducer has submitted £150k of business and guess what? Not heard from Tom or his sidekick for the last few days.
I will be writing to the FCA to see if they would be interested in Toms activities, but wondered if anyone else had dealings with any of the above?
Member Since Dec 10, 2014   107 posts
Feb 24, 2015 at 12:43
Sorry, Freddy, unfortunately, I have no exp of work with them. But in my opinion, CEO will not call anyone by himself.
Let's make a profit)))
Member Since Feb 26, 2015   13 posts
Feb 27, 2015 at 07:36
Wish you luck man. Hope FCA will help you. I will wait for result!
Go big or go home!
Member Since Sep 09, 2014   65 posts
Mar 02, 2015 at 10:05
first you choose unknown scam-brokers, deposit in them and then you crying about your money. Why don't you choose well-known forex company with good reputation?
There can't be enough money
RSTrading
forex_trader_139412
Member Since Jul 16, 2013   385 posts
Mar 02, 2015 at 10:26
I agree with @ChrisMuzhik ..

I wouldn't fork out more than 5 pounds on a broker that is unheard of. Especially in the world of forex - way too many scams.

To quote @LuckyCarter 'Wish you luck man. Hope FCA will help you. I will wait for result!'
Member Since Apr 04, 2015   1 posts
Apr 05, 2015 at 06:21
Hey Freddy.

I'm in the same room as that Tom guy and he is looking very tense as people are signing up to Centre FX and had now also mentioned Alfa Capital Ltd. Is this a MLM forex thing going on. As its a bit weird in here and the 3 day training could have been done in a day but they(Hither Mann, John Lee who are doing the presentation/training and some smug looking guy called Vincent Wong just floating around) have been trying to do MLM style psychology talks in between the 'training' which is unnecessary and are creating that FEAR of loss within the room. Can anyone expand

Ta
Member Since Sep 16, 2009   116 posts
Apr 07, 2015 at 01:42
why work with unheard of broke-ass ??
can the pursuit of wealth be automated?
Member Since Sep 06, 2013   137 posts
Apr 07, 2015 at 07:42
There are some scammy brokers, but as long as you go for a heavily regulated broker then there's no reason to be suspicious.
Also - no broker CEO would personally converse with a client unless a) he is a one man band broker, or b) the client is investing hundreds of millions!

Hope you get sorted ok.
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Member Since Feb 22, 2011   4862 posts
Apr 08, 2015 at 08:46
Freddyfawcett posted:
First TMS Capital tried to screw me out of commissions AFTER I submitted clients, then I signed up as an IB to Alfatrade UK ltd. The guy here was Tom Harrington who claimed he was the CEO ( but I cannot find any reference on Co House). His sidekick is Benjamin White.
I introduced one of my introducers to him who invested £5k as a tester. It soon came to notice that these guys really didn't have a clue. I kept asking for details of the money manager, but they would not tell me. Eventually they sent me a link to a trader on myfxbook called VSV trader. Seemed a little dodgy to me so I asked for the last 6mnths trading results as this page only showed up to Aug 14. Five weeks later and nothing!
Now I find out that the above Tom has set up a new company called Centretrade FX AND teamed up with Valbury Capital. He then rang my introducer and invited him to a meeting to meet Valbury. My introducer called me to tell me and, after telling them he should not have called them direct, Tom called me but told me my introducer had called him asking for the meeting.
It seems now that everything is going through Centretrade Fx and not Alfatrade who I signed up with.
Another introducer has submitted £150k of business and guess what? Not heard from Tom or his sidekick for the last few days.
I will be writing to the FCA to see if they would be interested in Toms activities, but wondered if anyone else had dealings with any of the above?

If you work as Introducing broker you should do that for trustworthy broker with good reputation.
Member Since Mar 11, 2015   1 posts
Apr 11, 2015 at 09:47
Most brokers are out to scam you. If you are profitable they will change the trading conditions on you. The best way is to trade very hard and profitable in a short time. There is a lot to exploit in this way.
Member Since Jan 22, 2015   67 posts
Apr 13, 2015 at 20:04
What do you do then projectar? Switch brokers a lot?
Member Since May 06, 2013   9 posts
Apr 14, 2015 at 06:52
I dunno, I'm from the US and I've been with (over the years) IBFX, FXCM and MBTrading. They all have been good and haven't affected my trading by any of them. FXCM bought out IBFX and when the SNBomb hit I moved to MBTrading because they weren't affected as bad. All have been honest and great in my opinion.
Member Since Feb 11, 2015   14 posts
Apr 14, 2015 at 20:07
Freddyfawcett posted:
First TMS Capital tried to screw me out of commissions AFTER I submitted clients, then I signed up as an IB to Alfatrade UK ltd. The guy here was Tom Harrington who claimed he was the CEO ( but I cannot find any reference on Co House). His sidekick is Benjamin White.
I introduced one of my introducers to him who invested £5k as a tester. It soon came to notice that these guys really didn't have a clue. I kept asking for details of the money manager, but they would not tell me. Eventually they sent me a link to a trader on myfxbook called VSV trader. Seemed a little dodgy to me so I asked for the last 6mnths trading results as this page only showed up to Aug 14. Five weeks later and nothing!
Now I find out that the above Tom has set up a new company called Centretrade FX AND teamed up with Valbury Capital. He then rang my introducer and invited him to a meeting to meet Valbury. My introducer called me to tell me and, after telling them he should not have called them direct, Tom called me but told me my introducer had called him asking for the meeting.
It seems now that everything is going through Centretrade Fx and not Alfatrade who I signed up with.
Another introducer has submitted £150k of business and guess what? Not heard from Tom or his sidekick for the last few days.
I will be writing to the FCA to see if they would be interested in Toms activities, but wondered if anyone else had dealings with any of the above?


well i dont think so that such things exist !!!! so nope
Member Since Feb 03, 2017   3 posts
Feb 07, 2017 at 07:39
Hi freddyfawcett, i have recently had dealings with Tom Harrington too, he has a company curently listed as HBFX Markets. A number of us are having problems and about to report to the FCA i would be interested in speaking to you to see if you have already reported or if you want to join in with us.
DesktraderUK
Member Since Jun 11, 2012   22 posts
Feb 07, 2017 at 08:33
Pepperstone is in my opinion an honest broker
Member Since Feb 03, 2017   3 posts
Feb 07, 2017 at 09:41
Hey megabot, who evenmentioned pepperstone i this thread. What have they got to do with any of this then ? You feel the need to mentikn them. Its funny this To Harringto has been linked to peperstone but joone has mentioned this for you to reply this way.
DesktraderUK
Member Since Feb 03, 2017   3 posts
Feb 08, 2017 at 13:27
Corrected: Hey megabot, who even mentioned Pepperstone in this thread. What have they got to do with any of this then ? You feel the need to mention them. Its funny Tom Harrington has been linked to Pepperstone but no-one has mentioned this in this reply anywhere, so it seems a bit strange for you to reply this way. Can you explain the comments relevance or meaning.
DesktraderUK
Member Since Oct 20, 2009   39 posts
Feb 08, 2017 at 14:18 (edited Feb 08, 2017 at 14:18)
Yes, GlobalPrime - check out their ForexPeaceArmy rating and I have been using them for some time now...honest broker with great client support.
Member Since Feb 22, 2011   4862 posts
Feb 08, 2017 at 17:07
Freddyfawcett posted:
First TMS Capital tried to screw me out of commissions AFTER I submitted clients, then I signed up as an IB to Alfatrade UK ltd. The guy here was Tom Harrington who claimed he was the CEO ( but I cannot find any reference on Co House). His sidekick is Benjamin White.
I introduced one of my introducers to him who invested £5k as a tester. It soon came to notice that these guys really didn't have a clue. I kept asking for details of the money manager, but they would not tell me. Eventually they sent me a link to a trader on myfxbook called VSV trader. Seemed a little dodgy to me so I asked for the last 6mnths trading results as this page only showed up to Aug 14. Five weeks later and nothing!
Now I find out that the above Tom has set up a new company called Centretrade FX AND teamed up with Valbury Capital. He then rang my introducer and invited him to a meeting to meet Valbury. My introducer called me to tell me and, after telling them he should not have called them direct, Tom called me but told me my introducer had called him asking for the meeting.
It seems now that everything is going through Centretrade Fx and not Alfatrade who I signed up with.
Another introducer has submitted £150k of business and guess what? Not heard from Tom or his sidekick for the last few days.
I will be writing to the FCA to see if they would be interested in Toms activities, but wondered if anyone else had dealings with any of the above?
@Freddyfawcett
Freddy my boy, you are posting very strange name of brokers companies. Why dont you try some of more reputable names like Fxpro or Pepperstone. they are not flawless but I would say solid.
mlfrx
forex_trader_375712
Member Since Nov 11, 2016   4 posts
Feb 09, 2017 at 07:58
Megabot posted:
Pepperstone is in my opinion an honest broker

Good evening! you are still working with Pepperstone? Had no problems with the withdrawal of profits?
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