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Is there such a thing as an honest broker
Iepriekšējās 1 2 3 4 Nākamais
mlawson71

Biedrs kopš Dec 11, 2015  1486 ieraksti mlawson71 Apr 21 2017 at 10:48
There are honest brokers, though one needs to do serious research before they can be sure that the broker they’re working with is honest. When it comes to binary options brokers, however, the picture is a little different. Maybe there are some honest ones among them, but the majority seem to be shady at best, scammers at worst. Things are so bad that even the FBI issued a warning against the entire industry (https://www.forexbrokerz.com/news/FBI-Losses-from-binary-options-fraud-run-into-the-millions) and started listing the various ways in which they scam people.

MicTic

Biedrs kopš Feb 04, 2017  10 ieraksti MicTic Apr 26 2017 at 11:24
Check out the brokers reviews section here on MyFxbook. You can easily see the good from the bad

Bloomer

Biedrs kopš Apr 27, 2017  16 ieraksti Bloomer Apr 27 2017 at 14:57
Most UK regulated brokers are honest. But stay away from any binary options broker

ema123

Biedrs kopš Feb 02, 2017  22 ieraksti ema123 Apr 28 2017 at 11:03
mlawson71 posted:
There are honest brokers, though one needs to do serious research before they can be sure that the broker they’re working with is honest. When it comes to binary options brokers, however, the picture is a little different. Maybe there are some honest ones among them, but the majority seem to be shady at best, scammers at worst. Things are so bad that even the FBI issued a warning against the entire industry (https://www.forexbrokerz.com/news/FBI-Losses-from-binary-options-fraud-run-into-the-millions) and started listing the various ways in which they scam people.


Agreed with your point! It’s sad to know that because of some scammers, the whole industry’s reputation is sabotaged. However honest brokers do exist. It just that traders need to be careful while choosing a broker.

mlawson71

Biedrs kopš Dec 11, 2015  1486 ieraksti mlawson71 Apr 28 2017 at 11:51
The FCA ones seem honest, at least. Unfortunately, it turns out that the CySEC brokers aren’t nearly as honest, despite CySEC’s efforts to clean up their act. According to the French ombudsman, he majority of complaints (83%) filed at the French regulator AMF were against brokers regulated by the Cyprus Securities and Exchange Commission (CySEC). (https://smnweekly.com/2017/04/26/amf-ombudsman-83-of-complaints-in-2016-were-against-cysec-regulated-forex-brokers/) I’m disappointed, to be honest. I really thought that things at CySEC were genuinely improving.

togr

Biedrs kopš Feb 22, 2011  3684 ieraksti vontogr (togr) Apr 28 2017 at 18:45
As manager of clients fund I can tell you there are big difference.
Imagine the same trade copied at the same time to different brokers.
The results do vary a lot.

I like what I trade, I trade what I like
AniLorak

Biedrs kopš Apr 18, 2017  265 ieraksti AniLorak Jun 29 2017 at 13:37
Of course! Forex trading is the number one profession, and broker is the must thing for trading! I would suggest new traders, please don’t select any trading broker based on their live trading facilities and features only! Besides, you need to know their previous activities by different blogs and forums!

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