liteforex...scam broker

Pharaoh

Colonel
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The trick is that once you accept the bonus, the terms may be set up to allow any hint of hedging between 2 different accounts to be used as an excuse to cancel the profits. Yes, the fact is that minimum trade volumes and spread means that no one will ever really be able to "steal" a bonus, but that doesn't stop some brokers from laying a trap like this in their bonus terms.

This is why traders need to carefully read and understand all bonus terms before accepting a bonus. If a trader willingly signs off on a totally one-sided and unfair contract, then it's hard to lay 100% of the responsibility at the feet of the broker.

On the other hand, if a broker accuses a trader of violating terms, I do feel that the broker has an absolute obligation to show the trader exactly how those terms were violated.
 
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