Hi,
I have been contacted by a broker and the offered to educate me and in the beginning do the trading for me (this is normally a gold level $30000 account option).
I opened a small $250 account and he asked me what goal I had and I said if I could do 10% a week that would be great, they did 7 trades in 2 weeks and now I have $275 in my account. I talk to my account manager 1-2 times a week and he seems to know what he talks about. I have installed metatrader 4 to look at the charts and follow the trades as they close. Last time we spoke he asked if I wanted to upgrade to a silver account ($2000) to continue to have a good level of support and more possibility to do trades.
I have googled the broker and not found much info, the broker is quite new and doesn't seem to be regulated.
How do I know that the broker is legit and not trying to scam me?
I have been contacted by a broker and the offered to educate me and in the beginning do the trading for me (this is normally a gold level $30000 account option).
I opened a small $250 account and he asked me what goal I had and I said if I could do 10% a week that would be great, they did 7 trades in 2 weeks and now I have $275 in my account. I talk to my account manager 1-2 times a week and he seems to know what he talks about. I have installed metatrader 4 to look at the charts and follow the trades as they close. Last time we spoke he asked if I wanted to upgrade to a silver account ($2000) to continue to have a good level of support and more possibility to do trades.
I have googled the broker and not found much info, the broker is quite new and doesn't seem to be regulated.
How do I know that the broker is legit and not trying to scam me?