CGAT EA offered by FxUnited

[skuncham]

I would like to invest in CGAT EA offered by FxUnited. Please suggest, if it is safe to invest with FxUnited

 

[Pharaoh]

Take a look at it - MLM on trading commissions. Strange rules and penalties for early withdrawal.

I worry it's designed more to over-trade and generate commissions to the "upline" than to be truly profitable.

 

[Mad Monkey]

well the worst case now, the cabinet can't even let the client login now.

 

[Pharaoh]

That was fast.

Usually when I talk about red flags at a company, it sticks around long enough for a few people to join the thread and insult me for not endorsing the risk-free money making opportunity.

 

[Mad Monkey]

haha sry for the wrong info, they delayed. but still can login and all withdrawal functionable. but to be honest i wont put 100% confidence in it. like everyone said, invest with what u can lose

 

[Pharaoh]

I suggest getting out immediately. Thinks like this have a bad habit of evaporating with little or no warning. Your account balance will mean nothing if the company disappears.

 

[Mad Monkey]

well thx for it, im starting allocating my fund in it to other brokers d actualy. how u feel abt hot forex and exness ?

 

[Pharaoh]

I might feel better about them if I wasn't a US citizen. Thanks to Dodd-Frank rules, there are only a tiny number of offshore brokers willing to even talk to me.

 

[Mad Monkey]

i dont know dodd frank rules really do what but i know it tighten the finance rules in US. no wonder a lot broker write out a lot regulation for US citizens always.

 

[john_marquisFX]

haha sry for the wrong info, they delayed. but still can login and all withdrawal functionable. but to be honest i wont put 100% confidence in it. like everyone said, invest with what u can lose

amen to that