What on earth are you going on about? I have never complained to Myfxbook nor said anything about you being abusive.
You did and the posts were removed because of it. I have screenshots....
Get your facts straight before you post such nonsense. I was not promoting nor affiliated with the link I posted and stated that.
The facts are that you are in fact promoting your website by spamming it on multiple websites. I know, because unlike you, I do my research before saying anything.
My point was that rather than trading your own money or others directly, there are funding services out there that take a % of profits.
The website you referred people will COST people more money than they make.
The $1200.00 on that account is a fee the TRADER must pay before trading.
There are numerous other things wrong as well, but the point here is that if you will immediately be out $1200.00.
If you go over the 8% DD, you are disqualified. And were does than money go? It doesn't get returned, you're out of luck and out of pocket.
How many traders do you actually know that can keep the DD under 8% and make large sums of money? Very few.
Even successful traders who make a consistent and reasonable income from investing will have DD greater than 15%.
There are many factors that contribute to DD. A trader who has a $100.00 account could easily have a MASSIVE DD because of a single 0.01 trade that goes bad due to a spike in the market. Whereas a trader with a $10,000.00 might not even notice the market spike.
Also, if a broker suddenly widens the spread at that same moment of a spike in the market then there is greater risk to the account as well.
etc... etc... etc...
End of discussion. I'm done...
If it looks too good to be true, it's probably a scam! Let the buyer beware.