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NOTE: Formerly know as amifx.com

[Jared Long]

Greetings All,

I have gotten mixed ideas about this broker. I see that they have a 3 star rating in the reviews and ratings area. As I read there are quite a few of reviews complaining on cheating and loss of moneys due to inaccurate operations on the companies behalf, but also see 5 star ratings detailing good execution and reliable payments.

NFA has only one complaint that was resolved in 2008. What parameters does the NFA used to consider a complaint viable to act on?

If Pharaoh, or another of the active mods have information I could use before establishing an account I would greatly appropriate it; as well as, any information from other up standing-named persons from the FPA population. Please don't respond if you are anonymous.

Thank you,
Jared

[Pharaoh]

Did someone call for a compulsive writer to give an unfounded opinion?

Quick and dirty:

1. A lot of brokers have at least one NFA action. More than one or a recent one that's bad is cause for alarm.

2. Multiple reviews about money problems is a big red flag in my book. Then again, all the reviews on this broker are fairly old. Customer service and policies do change over time, and occasionally improve.

3. If you want to risk it, open an account with a little more than the minimum. Then make a few small trades to see how good/bad execution is. If it seems ok. then try to withdraw a little money to see how much hassle that is. If the execution seems bad, pull out all the money and go elsewhere.

[Laxmikant]

seems not very well in support when it comes you are loosing money