|
PureBytes Links
Trading Reference Links
|
Hi Rtrs,
I have come
across some negative comments regarding new forex trading companies on the
internet: The complaints were as follows: 1) Some of these companies are
not real forex trading companies that is they do not trade on the interbank
cash market - they make their money by trading against their customers. 2)
As such the prices they quote may not reflect the actual forex currency
market. Some ways
to avoid getting ripped off can be 1) Find out the history of the company
and their principals - the principals may be people who were kicked out of
the securities industry for wrongdoing as such records will exist. 2)
Double check the forex prices with other reputed banks and companies 3)
Visit the office if possible before sending your money 4) The principals
should have sufficient forex trading experience if they are running such a
company 5) Check with the Better Business Bureau etc.
Sorry for the long post.
Happy
trading, Ashif
|