ZubairLodhi
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Kindly tell me when the FPA will make LIMIT MARKETS as a SCAM? as its been months im fighting against limit markets because they have my money.
now their Regulator also issued them a letter, which is available on the regulator's PUBLIC register
now their Regulator also issued them a letter, which is available on the regulator's PUBLIC register
The VFSC isn't exactly my top choice in regulators. That being said, thanks for not letting the weakness of the regulator stop you from complaining. Now, Limit Markets is faced with the choice of paying you or very publicly losing it's license.
There's a lesson all traders need to learn from this incident:
If you think you've been scammed and can't get the company to address your issues, ALWAYS complain to the regulator, even if you think the regulator is ineffective. I've seen so many people waste more time complaining about how a regulator won't do anything than it would take for them to complain to the regulator. If you complain, maybe nothing will happen. If you don't complain, definitely nothing will happen.