And that's why I think lobbying the government regulating agencies is the way to go.
They are there to protect the public from fraud. And fraud is happening on a big scale here.
Time to change the laws me thinks.
BTW I fully agree with account managers being compensated. I am not at all against a pip commission. But I think that pip reward should exclude losing trades.
However, while brokers cannot check up on and be accountable for all of their traders and account managers, I believe they should be to...
I would like to start/join/make a movement to have some laws pertaining to forex brokerage changed.
Why?
Mirror trading (copy trading, or whatever you like to call it) benefits the account manager as an IB and a pip commission for each trade. This opens a pandora's box of account managers who...
Sorry, I haven't read the entire thread.
I was looking at investing with this lot, and so did some research.
Thanks so much for this thread.
It seems that they make their money as an IB, and on pip mark-up.
Apparently after the money is received they introduce a NEW system and place...
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