6 months performance records are too short to justify his trading skill. Many struggle to maintain good trading performance for long run. Look for those with 2-4 years trading track records.

His account is trading with Tradesto. A Malaysian owned broker that used to be unregulated. Check the account is under Vanuatu license or ASIC license. Some brokers like to confuse investors by showing manipulated accounts trading with Vanuatu but promoting themselves as ASIC broker.

A cent account is not a bad account. A cent account allows you to trade in a smaller amount as compared to the standard account.

Yes i talking about fxgiants

Will take note

Still alot of things for me to learn

if he is confident he wont use cent acc. so cheapskate.

Exactly.

lol summore trading $100k using mt4 platform? seems amateur mistake to me. at least he must use direct liquidity provider brokers.

I have to agree on you with this because I see no reason for him to use a cent account.

he open cent account only to publish his signal
even if i have 100k i wont put it in forex broker.. too much risk

Acceptable explanation.

If i have 100k ill split it into 100 account (100 signals).. 1k per account
diversified

Hi DrFX,

Thanks for your reply. Your review is much appreciated. I have google on fraud and scam. There are tons of bad reviews and comments about them. But I can't be sure of it.

Basically, Questra World is the company that does the recruitment and Atlantic Global Asset Management (A.G.A.M.) is the company that does the investment. AGAM manages the sale and purchase of loan commitments, including the shares of companies initially investing their securities on the stock exchange (IPO) , And also conducts foreign investment, corporate refinancing and financial factoring.

The A.G.A.M. Is registered in the country of the president of the company, Antonino Robalo, in the Republic of Cape Verde, located in the central part of the Atlantic Ocean, west of Senegal.

http://questraholdings.com
https://atlanticgam.es


QUESTRA Affiliate Compensation Plan
https://www.youtube.com/watch?v=tTEYENMLqhE

Indeed, it sounds like scam or ponzi scheme with upfront commission payment and unknown offshore license.

Anyone heard of about Ethrade investment?

Before it go boom.

After IronFX, now XM's turn

http://financefeeds.com/exclusive-xm-one-c...-customers-ibs/

Sorry TS, i think you dont really understand how FX Regulations work?

I've seen in the list some small brokers are listed as scam there such as SFX-Markets.

I have a trading account there and an INVEST account there. So far so good, no problem with Withdrawals and no problem with trades. Their customer service is alright too.

It's not like what you said "SFX Market has scammed a lot of people money"???? It is not very good bad mouthing and make baseless accusations.

Look at what happened with XM? They are CYSEC Regulated, tier 1 license and yet still have problems like this.

Look at FXCM? even in the US they are able to trade against client via LP.

So are you not going to list FXCM as scam broker too?

I think TS is not very professional in this manner. I have over 10 years of fx experience, i can say that weak regulation does not necessary means scam. Strong regulation does not necessary means safe! If you want to be safe, put your money in Swiss banks brokers. Those are generally safer than the rest, but dont expect a good spreads.

This post has been edited by dreamyboy: Apr 8 2017, 01:19 PM

I have to correct some facts.
1. CySec is not a tier 1 regulator. It is one of the worst.
2. Trading against the client or market making is not wrong.
3. Swiss brokers like Dukascopy offers low spreads. Better than other 'scam' (as listed) brokers. Some spreads are as low as 0.1 pips, or even zero or negative spreads.

This post has been edited by duplicated: Apr 8 2017, 01:41 PM

Thanks cysec I meant tier 2. It was typo. Because it is under European mifid.

Market making is not wrong but you need to have higher reserve fund. Look at how Fxcm exited US MArket and got their license revoke?

Dukascopy has good spread but you need to use their own platform which is not so user friendly (for some outdated traders like me )

This post has been edited by dreamyboy: Apr 8 2017, 05:42 PM

Hi boy,

Big brokers like FXCM got their license revoke from US NFA does not represent SFX Market is doing legitimate business. If any wrong doing, the top regulated brokers will face the consequences being fined or revoke. What about SFX Markets? FREE to do anything without being fined and escape from facing any charges right? You see the different?

Boy, can withdraw or no problem with trades does not mean it is not scam. You have so much to learn. By the way, how do you know there is no problem with trades?

Ok let's not go into the details on the back end operation. Let's refer to your statement that sfx has scammed a lot people? Any proof?