posted: Broker is known to be a dubious bucket shop, ie. chances of this being a scam is very high.
Great looking system and the history not being hidden is something that we see to rarely on these pages but I have to agree with this comment above. Transferring money to a broker that is incorporated in Saint Vincent and the Grenadines is inviting trouble. It would be very easy to set up an IB with a reputable broker.
drayzen posted: Hi @ositek, Can you run your system with a more reputable broker so I can subscribe?
Peter, you can quite easily keep your investors with SamTradeFX and then use a good 'Forex Copier' software for people that do not wish to use SamTradeFX for whatever reason. Seems like you are losing out on a bigger / global position here?
Comments: Great looking system and the history not being hidden is something that we see to rarely on these pages but I have to agree with this comment above. Transferring money to a broker that is incorporated in Saint Vincent and the Grenadines is inviting trouble. It would be very easy to set up an IB with a reputable broker.
Yes I am aware of this issue. must be very careful to Off Shore Brokers. Good news is I know the Owner of Samtrade
I have visited his office in Singapore on July 2019 He is Singaporean and first thing I ask is How about Safety of Investors FUND?
His answer 1. We are not Regulated by MAS (Monetary Authority of Singapore) but St.Vincent, he is not hiding anything 2. Investor fund is with Custodian 3. We also have Insurance if we SCAM. Small investor upto EURO 20K / person. Big Investor from 100K to 3 MIllion
Saint Vincent and the Grenadine have ZERO regulations. Even if what you say is true, and we only have your word that any of it is true, if things go bad, good luck trying to get your money back from Saint Vincent and Grenadine. It would be very easy to allow people to trade with reputable and regulated brokers.
I signed up to your link on samtradefx to profit from your strategy, but copying trades to my samtradefx account is not happening while I see trades from you. Can you fix the problem, it seems weird to me
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