Pharaoh
Brigadier General
- Messages
- 20,309
Sounds like typical bucketshop behavior. I'll wager that CitiTrader keeps all trades in house.
With a bucketshop, your losses are their gains. Your gains are typically met with excuses about why the trades aren't valid or how some other issue prevents withdrawals. There are still a lot of forex brokers that do this, and from what I've seen, a much higher percentage of binary options brokers fall into this category.
With a bucketshop, your losses are their gains. Your gains are typically met with excuses about why the trades aren't valid or how some other issue prevents withdrawals. There are still a lot of forex brokers that do this, and from what I've seen, a much higher percentage of binary options brokers fall into this category.