The FCA is now requiring brokers to not offer deposit bonuses, so these bucket shop brokers that advertise on FPA like Octafx who I would not trust at all will no longer be supported by the forex peace army because they pay them more than a good broker like Oanda who don't pay such bonuses. Think about it! These bucket shops pay larger cpas to advertise because they get them from screwing their customers. Forex peace army should be ashamed for allowing them to advertise, and you know what you are doing. It is no different than if you advertised banc de binary or for sex offenders to give children car rides to school. And to listen to you defend them, shame on you.
Also did you guys know that OctaFX is really from Israel? Where all scam brokers/gambling houses are! Really you just advertise and support them for the mighty $? Don't you feel a bit bad leading sheep to the slaughter with this broker FPA? Sure they have the call center in Malaysia and even list UK addresses, but they are really run through Israel.
WOW that is a lot of accusations for one post.
Seriously though, saying that letting them advertise here is like letting a sex offender offer car rides to kids is way over the top.
FPA will let brokers advertise here UNLESS they get a scammer verdict against them, then they are out.
FPA has been offered many bribes to remove bad revues etc including offers to pay more for advertising space but they turn it down because the mission is more important.
So you have any actual proof of what you are saying?
Do you have a case against them or even a personal complaint about their service?
The reason I ask is because as far as I know I am watching them like a hawk.
I will be going live with them in January and when it comes to real money I try to be careful.
I can guarantee you that my dealing with them will be transparent top the FPA and its members.
If I need to I will create a case and get things resolved.
Speaking of resolved, if you look at the cases that have all been brought before FPA against them you will see them resolved except one that could not understand why his bonus many was yanked (as per T.O.S).
Anyways, please feel free to comment back but let's keep this professional and civilized.
We are on the same side, traders trying to protect traders.