Typical way that traders try to real in people to make a quick buck and they don't care about the rest, even if they lose their money, first time that I am hearing that its an actual broker that is doing the thing, I can't help but feel that there is, of course, traders behind the scenes and that they worked with the broker as an IB to get clients and in the end if the traders lose the money especially by clearly risking too much on margin products they don't care, make money on the partnership and the broker makes money, but if they are lucky enough they make a lot of money, they get their commision in all ways and the broker defaults on claims to pay the actual investor. Interesting case, sneaky too, seen it before, never hand in hand with the broker, but well, nothing surprises me by this stage.