How do you think they make money? You taking large profits out means you are in conflict with profinum.com making money You think they gonna let you do that? So sixth months from now when word come out that profinum.com is scam broker they can easily close that website and start with another name Look what happened with scam broker www.fxtrader.net Try to type that name in your web browser
all you trader's who are in favorite of opening an account with this broker then go ahead there's no need to debate just do it. let us know what happen six month from now .:eek:
I phoned their Trade Desk on +44 20 81331803, unfortunately ... there was an answering machine... So how they are supposed to deal with telephone trading that they advertise ?
pls dont putmoney with these guys, there is a thread on this broker here which has a link to a discussion about how these guys ripped people of in Saudi Arabia and they also have a picture of the team.
With new brokers you should do the same thing as with new software: wait 1 year and let others first test it out. I prefer paying a normal spread to a well know broker instead of trading for free with an unknown one. Free can become much more expensive than normal spreads. Most people go to several shops before buying a refrigerator, they check the warranty and the quality of the goods. In trading it is much easier to do business: promise heaven for free and the big money will come in easy. The traders who got rich in trading, never got rich because of the difference in commissions or spreads. These differences are only marginal additional profits, for as far as the broker is reliable. If he runs of with your money, even trading for free will wipe out your account completely.
Sorry, i just realised my mistake, the above post was supposed to go in the crown forex 1pip spread post. My apologies, i had two windows open.
Why even bother putting your money with a broker that: 1) profits more the worse your fills are 2) in an unregulated market Do you enjoy giving your money away? Christ people wake up.