Unfortunately, I don't think there's any financial regulator in China that has jurisdiction in this kind of matters, at least not that I know of. That's why these investors had no choice but to pursue these people on their own. Exposing bad brokers on FPA is the next best thing they can do.
Most if not all forex brokers are market makers. They don't pass your orders to the market because there is no market for 1 lot or 0.1 lot. The real spot forex market is only accessible to banks. Small traders like us are actually trading in virtual markets created by brokers, just like demo...
I don't understand why anyone would invest a penny to these binary option companies. When I see any email with the words binary option in it, I would delete it right away. There are no real buyers and sellers on the other side. You're just trading against the brokers. Why would anyone think the...
I did a little research on this kind of arb EAs. It's been around for a few years. I think it all started from Russia. A friend of mine mentioned it to me couple years ago but I didn't understand what he's was talking about. They used to call it high-frequency trading. Anyway, most brokers would...
I went straight to the vendor's website after seeing the results posted by FPA and almost bought the EA. Then I checked out the results again and found that the test was not started by FPA. The results came from accessing the investor password provided by the vendor. Now that's another story...
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