Would that be the first time? Just askin. If they are living up to their agreement then it isn't a scam unless the agreement is somehow misleading or deceptive in nature. If noobs are jumping in without reading the fine print then that's on them. Hope they learn from the experience. Not defending or attacking them, don't know anything about them. But newbies often cry "SCAM!" when they lose their shirts by jumping in flatfooted when they probably should not even tiptoe in. "But nobody TOLD me I wasn't gonna win! I paid good money to be a big winner! And I LOST!!! NOT FAIR! WAAAAAAAAAAAAAHHHHHHHHH!!!!! I WANT MY LAWYER!"
Are you a customer? Do they disclose that they are bucketing your orders and that you are trading a demo account and not actually buying and selling securities?
Like I said, I don't know. And now I ask you, are they abiding by their agreement? If you don't know, either, okay, cool. Say so.
Lol...do you work in IT? I ask, because that's what I say under my breath when end users waste my time and inundate me with simple questions.
Do you? Are you familiar with their agreement, and are they violating it? I am here to learn, not just to argue. You say they are scammers. I just want it verified, is all. Tell me they are violating their agreement and I will take that at face value. I am here to learn, not to argue. I say IF they are NOT violating their own agreement and not explicitly deceiving their customers, then they are no more scamming than for instance a typical used car salesman.
Maybe they should have clearly stated they are a casino and not a brokerage? Betting on sports is legal but betting on stocks is not?