Forex Version XIV, Foreign Exchange Market Discussion
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 Jul 10 2014, 03:51 PM
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#1
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Senior Member
1,036 posts Joined: Oct 2007 From: Moon 
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Have anyone heard of TeleTrade?
They have been pretty active recently giving trainings and recruiting retail traders. However all these trainings require you to deposit some money into the broker and you have to train a certain lot to get it back. I'm sure MLM forex is pretty hot recently but my encounter with this broker doesn't seems like its a MLM. Do share if you heard anything about it  |
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Jul 10 2014, 11:09 PM
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#2
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Senior Member
1,036 posts Joined: Oct 2007 From: Moon
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QUOTE(bulkbiz @ Jul 10 2014, 04:10 PM) That's why i never tell people I trade forex (by myself). The term "forex" is smelly enough now. Forex=scam is public's perception nowadays. Sigh ........ Well you made conclusions too fast. I am just asking anybody heard of this company or not. From my encounter with them, there's no mention of any recruiting. They are just looking for retail traders which requirements are pretty high.If you want to make quick bucks, join them, find your down line, if you are among the top recruiters, you can become millionaire very fast, no need trade at all. Just hope that you are not at the bottom before the scheme break .... Good luck!  |
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Sep 9 2014, 08:56 PM
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#3
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Senior Member
1,036 posts Joined: Oct 2007 From: Moon
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QUOTE(haziqnet @ Sep 9 2014, 12:40 PM) yes its trust able..basically u will deposit into ur online cabinet, when u r doing trading u will transfer ur money in the cabinet to the platform u use to trade...let say u have 1000usd in the cabinet and u only use 200usd on the trade platform the left 800usd u can withdraw at anytime u want...basically as long as the money is still in the cabinet u wont touch ur money at all...all FX Academy is doing the same... Make sure you practice before really going into trading actual money. AFAIK there are a lot of free materials out there which are free so it's better to pick a trust-able broker than those who can give you basic course. |
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Oct 22 2014, 03:20 PM
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#4
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Senior Member
1,036 posts Joined: Oct 2007 From: Moon
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Most of the free classes offered are already free online. I suggest to pick a broker with good spreads rather than those offering free classes.
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Oct 22 2014, 03:37 PM
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#5
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Senior Member
1,036 posts Joined: Oct 2007 From: Moon
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Look for large brokers such as fxcm, fxpro, fxprimus, pepperstone etc. All these are well established and definitely better than any local offer.
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