Recent content by Michael McCarroll

I have never heard of Butapips, but my best advice for anybody that has the sense to come to FPA for resolution, should also have had the sense and ability to use the resources provided before choosing a broker.

Forex brokers are out of control. Non-US brokers just seem to accept your funds then consider them as their own, with the thought that you will lose anyway. Some are good, and respect regulation. As a massive wealth building goal with a good plan, I can only imagine what happens when you want...

I had a terrible experience with FXDD. I would not trust them with a nickel. Do they still have the race car team? They took 16,000 off me in just hours by manipulation of spreads and pricing. Everytime I tried to recover with a rebuy on margin calls, it would happen again. In the aftermath...

What kind of trading was disallowed? That is my question. Guilty. Brokers should pay clients back after risks are taken, and difficult to win. It seems that a lot of brokers just assume that your money becomes their property once you send it. Casinos across the world have governing...

There seems to be too much of this happening...trading companies denying the request for withdrawals. However, there are a massive number of traders that lose money in the forex market. Some might refer to them as "sore losers" that might have a tendency to complain to the broker, and...

I used the link to enter the website, but it requested information that I should not be required to provide. I simply wanted to see what they were offering and the details associated. I seriously doubt that Mr./Ms. Bryce had to do the same to enter while being sold such a package. It appears...

It is the actions of brokers such as this one that caused action by the US Government with the Dodd-Frank law that caused new laws for protection that should not be necessary, and are not good for traders. I favor businesses in a lot of cases, but not in this one. PAY THE MAN HIS MONEY AND...

There is a greater issue than US Citizens wanting to trade with an offshore broker. There are some, not many US brokers that are acceptable, and two that are superb. But the greater issue that a US trader faces are the rules that apply to them....lower leverage to be specific, and forced...