True Facts! This is the shady truth of forex trading. I advise every trader to be vigilant in choosing the broker. Test the trading conditions and their withdrawal process along with other factors like spreads and commission before making a decision.
Apr 11 2017 at 15:46
Here is some insight to Trading from Rob ......
"They mistook leverage with genius".
May 19 2017 at 14:05
Another uncomfortable truth is that apart from the amount of scammers out there, there are quite a few supposedly licensed brokers that have shady business practices, especially the brokers licensed in an offshore zone somewhere. Offshore destinations are famous for its light touch regulation, if any. (https://www.forexbrokerz.com/news/risks-trading-offshore-forex-broker) And if you lose your money to a scam, go figure how you’re going to contact the regulator effectively and pressure them to do something about it. Clients of offshore brokers basically have no protection in case something goes wrong - none of these companies is obliged to arrange a compensation scheme in the event of insolvency.
May 19 2017 at 18:13
Seen some pretty risky stuff to working in central London ,regulated don't stand for much unless there are numerous complaints.
"They mistook leverage with genius".
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