Info Foyle Capital Management

[Marcelo Rosa]

Ups, sorry, just checked spam folder and I have got answer from Foyle - they have affiliate program

How does it work the affiliate program? Is it the same as referral program, where the client who introduced another client will get a commission every times he/she refers a new client? I particularly don't like referrals, as this can lead to possible pyramid schemes and make people keep recommending new clients, as long they keep getting their commission to help them have a ROI faster. I'd rather see a profit share than commission under referral, it does make a lot of difference.

 

[macjoe]

Actually it says SuperTradingOnline is part of AFX Capital Markets.
But AFX Capital has terrible reviews at FPA.

The last three customers claimed that they are scammers.

https://www.forexpeacearmy.com/public/review/afxcapital.com

Anyone else experienced this?

You can use pepperstone also i think.
But STO looks ok, its UK based at least

 

[Daniel O.]

That thing about AFX Capital Markets reviews are very disapointing :-(
What about FCA regulations in UK? I thought that this finally looks like a reliable, good choice! Damn...
I wrote email to them asking about those mentioned problems with Broker, hope I can obtain answer as soon as possible.
I will post it here.

Referral program: for now I was asked to keep it private, because they dont have it on the web - but I have answers in 1 business day in my email, so they are very responsive and so far give me all info I have asked

 

[Pharaoh]

The FCA is one of the better regulators, but they share a trait of all regulators - they are SLOW.

 

[Daniel O.]

I have answer about Brokers, I will write the main ideas here:

- so far, STO have been nothing but totally professional and prompt
- FCA can not get away with withholding withdrawals etc, the regulation is just too stringent
- if we do have major issues, we can start diverting clients to Pepperstone instead
- I have used Pepperstone for last 4 years, but STO and Quantic-AM give us umbrealla European regulation
- plus we are located in UK so makes sense to have broker closer to our location

I need to say that at least communication with Foyle is 100%, I have answers almost immediately and transparent. I mentioned in another thread about Anmaric - they simply did not answer ANY of my emails...

 

[macjoe]

my algo managed account started very well in June.
it seems it a good decision, these guys.
Mac,

 

[Lourka]

my algo managed account started very well in June.
it seems it a good decision, these guys.
Mac,

any new information can you share please

 

[macjoe]

hi,
yes, they did not trade last week for brexit.
but June was very good month so far.
I think they also offer pepperstone.
AFX account opening took some time, but seem ok now.
I have a good feeling about them

 

[Daniel O.]

Hello everybody, my update is here:

- I deposited money (4.805 USD) on 10. June 2016
- I received only read-only password for the account
- broker is SuperTradingOnline, of AFX group, FCA regulated
- I dont know which "brick in the wall" this is, but I signed also Quantic-AM papers
- today I have cca 350 trades closed
- now I am 6,7% down (4.460 USD equity)

Any questions, please write here or PM me.

 

[aum108]

I have connected my Pepperstone account to Fxblue.com.

http://www.fxblue.com/users/foyle