1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Disappointing With Some Brokers

Discussion in 'General Forex Talk' started by iMusingKiMi, Dec 6, 2014.

  1. iMusingKiMi

    iMusingKiMi Sergeant

    Joined:
    Aug 18, 2014
    Messages:
    890
    Likes Received:
    76
    I start to feel disappointing with some brokers. I can see a lot of brokers that employ some members in forum just to make some so called intelligent post to promote their services to end user. This is just to avoid our good moderators to banned them from posting in forum as a spam cat.

    But actually, what's the point there in this kind of posting? Does it really help those brokers? I am really curious about this kind of move. It just makes me feel I don't feel secure anymore with this kind of employment person to promote this kind of broker. If the broker is good with no market maker, no problem on withdrawal, a very clean and transparency execution etc., I believe a lot of end user will join them and use their services.

    It just makes me feel they are building their own reputation by acting with some employed actor to promote.

    What other members here feel about this kind of advertising strategy? To me, if I see this kind of posting, I will never ever join this broker. It makes me just feel more insecure with this kind of act.
     
    josh9787 likes this.
  2. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,685
    Likes Received:
    2,231
    I assume you are referring to the new member who was giving bad advice and promoting MercerFX in this thread. If you see something like this, you can dislike the post and also use the little triangle with the exclamation point to report the post.

    Give Spam Cat time. Sometimes it takes time for AsstMod's cat to sniff around and be sure someone is really a spammer and not just a new person who's happy to have gotten a big bonus (and hasn't realized all the strings attached).

    Even with a broker, you need to check their reputation. In some cases, a good broker can have some newly hired idiot or overly-enthusiastic IB get the bright idea that pretending to be a happy customer will help the company. In other cases, a broker will deliberately launch a campaign to use fake forum and review posts to promote itself. Sometimes a few posts may slip through. Any sustained campaign will make a fatal mistake sooner or later. That's when AsstMod unleashes the cat.
     
    1 person likes this.
  3. iMusingKiMi

    iMusingKiMi Sergeant

    Joined:
    Aug 18, 2014
    Messages:
    890
    Likes Received:
    76
    Hi Mate,
    Not only MerceFx, actually quite plenty of broker do so. I saw in some other forum as well but luckily FPA not that serious. But that MT4lover is just way too stupid to post his 1st post to promote. What behind this kind of acting post on those broker? It always keep a question in my head and I will never join this kind of broker with acting to have reputation.
     
  4. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

    Joined:
    Dec 11, 2007
    Messages:
    5,447
    Likes Received:
    1,143
    These sorts of actions by forex companies only taint the industry further. Embarrassing the companies which do this sort of thing is one of the reasons I got Spam Cat. It's also the reason why fake reviews I can link to a company get reset to Zero stars.

    The smart companies either make sure employees don't do this or fire any who are doing it. Some companies never learn.
     
    1 person likes this.
  5. FxMaster

    FxMaster Lt. Colonel

    Joined:
    Oct 17, 2011
    Messages:
    7,638
    Likes Received:
    892
    I`m agree with some of your points only, but when you comes to see advertisement about any broker you have to keep in your mind that there are affiliate system also. Some idiotic post are from affiliate person or IB as Pharaoh said in his post.
     
  6. iMusingKiMi

    iMusingKiMi Sergeant

    Joined:
    Aug 18, 2014
    Messages:
    890
    Likes Received:
    76
    Yeah, that's what FPA helps us a lot showing on those true or those make up fake review. What I seen, usually only those offshore brokers love to do so. Of course probably some of them are good,but most of them I will not take into consideration at all. I have never seen those bank or listed company do so and it is open for retails as well. Why choose those having doubt with, especially those with so many kind of acting and fake review.
     
  7. iMusingKiMi

    iMusingKiMi Sergeant

    Joined:
    Aug 18, 2014
    Messages:
    890
    Likes Received:
    76
    Unfortunately, you don't need any IB link on the post. They just want to get reputation higher with act review and posting, hence they just employ someone to do posting in forum with a fix amount monthly. I thought it wasn't advertisement as well in the beginning and those are member true review, but until 1 day I found out from some freelance website that do employ some people to post on forum and they will pay them by monthly.
     
    4evermaat likes this.
  8. FxMaster

    FxMaster Lt. Colonel

    Joined:
    Oct 17, 2011
    Messages:
    7,638
    Likes Received:
    892
    We have a good moderator/s Bro, I`m sure they will catch this kind of activity for sure.
     
  9. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,685
    Likes Received:
    2,231
    And the moderator owns a very special cat. :D
     
  10. iMusingKiMi

    iMusingKiMi Sergeant

    Joined:
    Aug 18, 2014
    Messages:
    890
    Likes Received:
    76
    Yeah, I know we have good moderators here. That's make me say I can't see a lot of those people in FPA. Thanks for their hard work.
     
    4evermaat and FxMaster like this.

Share This Page