Discuss Broker Dealer Compliance?

[WilsonW]

 

[Pharaoh]

What kind of regulator makes it impossible to get a real list of its regulated companies? Am I supposed to get a list of all domain names used by all brokers and account management companies and enter them one at a time?

 

[AsiaDev]

BDC helped me a few years ago put pressure on a Cyprius broker clearly not playing fair with withdrawals. They are effective.

 

[WilsonW]

See, there is skepticism vs confidence. How will I decide?

 

[WilsonW]

Starting capital is EURO3,500, would FPA be willing to test it out?

 

[AsiaDev]

3500 EUR is a very reasonable starting capital compared to most managed account companies and you can't seriously expect the FPA to invest places before you to "test the waters". Be serious

 

[Pharaoh]

I think the investment company claiming to be "regulated" by broker dealer needs its own discussion thread.

If Broker Deal Compliance itself wants to gain some credibility, they need to come here and start answering some questions..

 

[fixor007]

Hi everybody, I would be interested by using iiinvesments.com.... but i am wondering if it's a (another) scam... Like all of you, I am wondering is the "broker dealer compliance" is serious...

no physical adress.. moreover, there is no immatriculation number with iiinvesments.com ... that's weird... And obvisouly they do have lots of offices all around the world... strange

 

[AsiaDev]

Doesn't matter much to me they didn't have an "address" I could visit like Financial Commission, etc.
Even though these regulators don't have the same massive presence - they will help people from countries big or small if you provide simple documentation. The regulators like CySEC and FCA usually only really care about people in their country, and take 6-12+ months to resolve issues. Also, they don't even do anything a lot of the time about brokerages like IronFX that literally everyone knows is bad guys.
BDC is a good group in my view. FPA doesn't have address either and I trust them even more lol

 

[Pharaoh]

Check the bottom of the regular FPA mailings. There is a physical address for those who really want to send postal mail. I hear AsstMod has the box checked by a sniffer dog from the bomb squad before opening it.

"Regulators" should have a simple list of regulated companies. Otherwise, how do we know the mystery regulator wasn't created only to provide the illusion of regulation for one or two companies.

Companies, especially those which accept client funds for trading should have physical addresses.