FPA is an equitable platform performing an essential task of helping to clear scams and scoundrels from the international Forex brokerage services; especially there where truly effective regulators are unable to reach. From my experience, the FPA bases its "guilty" decisions on transparent norms...
Para 4.3 of the contract states: "Following termination of this Agreement VIP-Cititrader.com shall immediately cease activities in the name of and on behalf of Client and return all money to the client." The client signed the 6-month contract on 22 August 2014. It should have automatically...
On the WSI website the broker states about EA's: "WSI Allows All Types of EAs Without Trading Restrictions", claiming "superior order execution, deepest liquidity, no re-quotes and no stop loss or take profit restrictions" - no restrictions on any EA-design features indicated. Notwithstanding...
IronFX did not respond to invitation from FPA to defend its action against its trader. No justification provided by IronFX anywhere in support of intimated fraudulent conduct by trader. Does not appear to like the "In-Profit-Withdrawal-Out" game-plan of the trader. Kitchen too hot for Iron FX...
Before voting "guilty", a question to FPA: The relationship of the parties may be important. The trader said: "I initially employed a fund management company named PrimeFund FX to TRADE my $10k account. They insisted on using BDFX as the broker. They lost about 80% of my account ----" Did...
Comment on STP/ECN Claim by Broker: I agree with the broker’s web site paras 3 to 5 regarding its role as STP/ECN broker:
“--- no manipulation, --- no dealing-desk broker, --- orders are executed anonymously, automatically, and with 100% transparency to the interbank forex markets –“...
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