Outline ·
[ Standard ] ·
Linear+
How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
|
giveme5
|
 Jul 30 2017, 06:08 AM
|
Getting Started
|
DrFX, List of Genuine Forex Brokers 9. FXCM How come FXCM is still inside the list of genuine brokers? Is FXCM being confirmed not as a scam broker even after being de-registered by CTFC?  Please advised. Based on CTFC news In August 18th, 2016, the CFTC has filed charges against FXCM related to undercapitalization during the SNB-CHF crisis of January 2015. One of the charges is that FXCM guanteed client accounts against negative balances. Evidently, this form of client protection is against CFTC rules. URLIn February 6, 2017; FXCM fined $7 million by the CFTC for defrauding retail forex customers. FXCM to deregistered from the U.S. Commodity Futures Trading Commission URL |
|
|
|
|
|
giveme5
|
Jul 30 2017, 06:30 AM
|
Getting Started
|
QUOTE(DrFX @ Jul 30 2017, 06:20 AM) Hi giveme5, Are you trading with FXCM? Have you been scammed? The August 2016 did not show any scam activities and it's good that they are being fined for their mistake. It's not only FXCM, but every brokers who hold US NFA license before were being fined with no surprise, including FXDD, etc. What they did in fact happened in every brokers, so do you called all FX brokers scammed as well? Without NFA license, FXCM is still holding tier 1 UK FCA license. And yes they will remain on our Genuine Broker list unless they loss all their top tier licenses. Our SCAMs list mean those with no license or toilet paper license that run suspicious scam activities either by fake manipulated performance records, ponzi scheme, or non transparency monthly ROI scam. Thank you for clarifying, DrFX. No, I have not being scammed by them, just read a lot of negative news about FXCM in another forum ie. ForexPeaceArmy. So, there's much confusion. |
|
|
|
|
Quote
0.0623sec
0.70
7 queries
GZIP Disabled