View Single Post
  #8 (permalink)  
Old 10-11-2007, 09:03 PM
goodsignal goodsignal is offline
Member
 
Join Date: Jul 2007
Posts: 34
goodsignal is on a distinguished road
thanks

Quote:
Originally Posted by drgoodvibe View Post
Lol sorry, but this broker is a joke.. look at the bottom of the main page

"Due to regulations, accounts for Canadian and US residents may not be opened at this time."

You know what that means? It means that this broker doesn't meet any Canadian regulations in order to allow it to open accounts for Canadian or U.S residents without it getting into trouble with the law.

"There is no forex licensing in Canada, and we are not required to obtain a security license if no Canadian clients are accepted."

The above just means that they are not at all regulated by any governing body in Canada as long as they do not have Canadian clients. They're not even a member of CIPF so you wouldn't get any account protection.

I tried their demo a momth,one word----SxxK! when big move come ,even you have $4000 in account,they will not let you open 1 lots.I uninstalled it just few days ago.
Reply With Quote