Recent content by MaxDoom

Varengold Again! this is yet another case with Varengold at the centre, so one must start to assume that they are either complicit in these scams or simply not worried about protecting either their reputation or members of the public from such things. I think the FPA should take this to...

Go after Varengold without a doubt a big scam and guilty.... BUT... go after Varengold they are registered in Germany and therefore can be accessed. In my opinion if they have management or broker agreements then they surely have a duty of care to those accounts introduced through such...

well of course he is guilty, but actually is he legally liable probably not.. you gave him him your accounts to trade however they liked, why would you even do that, they are not a registered finacial services firm. Their website is full of the typical get rich quick stuff and I quote...

I find that hard to believe... they are taking a huge risk not being registered and based in the UK. But even if it is true and they have submitted registration then somebody reporting to the FSA that they are using unregistered IBs will cause them major issues. Gaban I assume that you are...

There is an interesting side issue here... the broker is based in the UK and therefore falls under FSA legislation. To be an introducing broker either based in the uk or dealing with a uk company you have to registered with the FSA which I assume gaban is not, and the broker has a duty to ensure...

on balance.. I have read the case and I do have some sympathy for you. However, at the same time for a spread change to force a margin call means that you are playing right into the brokers hands by trading well past what your account can really support and for that I feel that you are partly...

Now I know the FPA does a great job in hunting out scammers, and it seems that the 4xProject lot are keen on this too.... But just recently I have recieved more and more alerts saying that different EAs have been opened and the code looks the same as another....... So what is my beef? well...

Deluder, this is an interesting question which I have been discussing withthe inland revenue but as yet not got a clear answer. The following are facts though: 1. If it is classed as betting then it is free of ALL tax. Spreadbets have this advantage, and with their spreads getting tighter...