Confusion about brokers
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Thread: Confusion about brokers

  1. #1
    Hello,
    I discovered one thing about all the brokers which ever broker I pick and look about it I only find out that each of the brokers has a drawback and a scam review.why can it be like this? So is it that no brokers could be trusted? Or is there any broker who doesnt have any scam opinions??
    I searched for all brokers from high reputation like fxcm alpari and they all have some bad remarks? Why is it like this? Can anyone give info?

  2. #2
    Quote Originally Posted by ;
    hello, I noticed one thing about all of the brokers which ever broker I choose and look about it I just find out that all the brokers has a drawback plus a scam review.why can it be like this? So is it that no brokers can be trusted? Or is there some broker who doesnt have some scam remarks?? I hunted for many brokers from high-profile like fxcm alpari plus all of them have some bad remarks? Why is it like this? Can anyone give advice?
    Ok main reason is most people haven't got a clue lose their money it is brokers fault. Cease hunting lol it does not occur on little retail accounts. Client services do not call back - why do you have to ring customer services? Anyway most complaints regarding 'brokers' are because people lose money they can not afford to then want to blame someone else.

  3. #3
    I share exactly the identical confusion...I guess one thing to be sure is to choose an ECN broker.

  4. #4
    My friend, you are able to reseach all bokers at forexsoutheast.asia(Brokers section). But there is one problem that, what is your need? Why always search Foreign Exchange word with combination 'scam' ? Everything is at your mind, wash your cookies

  5. #5
    Quote Originally Posted by ;
    My friend, you are able to reseach all bokers in forexsoutheast.asia(Brokers section). However, there is one problem that, what's your need? Always search forex word with combination 'scam' ? Everything is in your mind, wash your cookies
    LOL you are right . I understand every broker isn't scam but I only search google with scam term so that I can review about reputed brokers.
    Only wish to know what's the reason for individuals to post scam reviews about a broker.

  6. #6
    Claudia1 pretty much hit the nail on the head. A lot of individuals enter the trading game expecting to get rich fast, doing barely any research (if any at all) then if they blow out their account they leap to blame everybody but themselves. Adults acting like 4 year olds; certainly nothing new there.

    Allow me to put this another way. Statistically speaking; regardless of what it is that there will always be somebody who really doesn't like it. It's that simple really.

  7. #7
    Quote Originally Posted by ;
    hello all, I noticed one thing about all the brokers that ever broker I pick and look about it I just discover that all the brokers has a negative and a scam review.why is it like this? So is it that no brokers can be trusted? Or is there any broker who doesnt have any scam opinions?? I hunted for all brokers from high reputation like fxcm alpari and all of them have some terrible remarks? Why is it like this? Can anybody give advice?
    Zoomfire,

    I must say there is always ppl bad mouth their brokers because they're just pissed =-RRB-

    I have been with IBFX, and FXCM for as long as 6 decades. Excellent support rather than a problem.

    Sometimes you just must speak with them =-RRB-

    Let me know if there is any question you might have.

    Good fortune.

    JS

  8. #8
    I want to allow the subject owner understand one thing that's no one is ideal. Do you understand Apple, Google or Microsoft, they have thousand even million haters. I meant brokers cannot satisfied each of their customers (traders), since they have rules and regulations, sometimes when a trader eliminate cash for any reason, he would think that's broker's fault and he earns a scam subject (review, feedback). As you mentioned in your post, even good reulated brokers such as alpari, fxcm and some such as fxpro, hotforex have bad remarks. But you ought to pay attention to what did they do with those feedbacks, leave them attempt to solve (describe) it to their own traders.

    And you ought to get a broker that matches all or nearly your requirements like payment, spread, pair, leverage or bonus,... I think when you've got a fantastic knowledge about Currency Market and the broker's regulations, rules. No scam subject would be put by you relating to them.

  9. #9
    A large number of unwanted broker reviews are submitted by brokers.

    One means to do it is to run an EA that is proven to be banned at a broker, take screen shots... Article in summary... Exam against all competition. The amount of negative and scam reports are becoming less and less since the ECN models have come up , even if they are only STP there are not as ways to call out a broker. But you ought to pay attention to the dates of reviews and what they are regarding.

    A group of arbers on this forum was used to place scam threads up about almost every broker because they were cheating against technology and the broker didnt pay it out. So perhaps limit yourself to 1 yr old reviews and the image will be clearer.

  10. #10
    Each one of them have different experience with each broker, and what may be the best for me may not be the same for every other trader. Depending upon your needs choose the broker only be careful while choosing.

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