There are like a bazillion of these offshore MT4-firms (Metaquotes must make a killing with this). Wondering if they are all net profitable? A MT4 license costs $100K + update fees, they need to incorporate somewhere, need at least some staffing, a website and so on. I guess the initial cashburn is minimum $200K or something like that, if you are really cheap. Given the onshore competition - not to mention the many offshore - it sounds hard to get enough suckers to sign up to make that back, to be honest.
settjhj what's the spread for Tokyo/London session? Does it get below 2.4 pips? Or is that the lowest?
Mhh⦠Respect would be if you would stop posting no-sense to the forum members. Which is an offshore location, and does not hold a dime of authorization outside. You better re-consider your marketing strategy and add proper disclosures on your site. Just a friendly advice. Well, then you should explain me why the "open an account" application form framed on your site is coming from this url : http://www.itfxtrader.com/register.php?group=4 And why I can switch in the URL the final âgroupâ tag getting same applications? Is this a multi-broker application? This online application refers to another broker: http://www.investtechfx.com/ which has been recently sued by CFTC http://www.cftc.gov/PressRoom/PressReleases/pr5974-11.html with other 13 shops for failure to register in the US, soliciting to us, acting as a broker without registration etc. Would you be next? Nope youâre not licensed worldwide. You took registration in an offshore country where running a bucket shop is often a easy as setup a webiste. You should clearly refrain from soliciting US customers and putting proper disclaimers on the site. What you claim to be your FSA pending status is simply ridiculous. I am very aware of FSA practices and even if true, your âpendingâ status means nothing. If you're pending show us your pending status on the FSA registry.
This is the Forex Brokers section and I plan on posting many Forex Brokers here for you guys to comment on. Rather than comment on what moderators are doing...concentrate on YOUR posts ok? By the way...A Thank-You to me is in order...I was up most of the night blocking the spam from ET for you guys... ES
Does anyone have any info on Kevin Kachaturian or katchaturyan? I know someone who is in business with him and so far he has lost thousands!!! I know this has happened to honest business people-a lot of good or honest people have made the wrong investments and lost, but just looking for any info. thanks... Bruce