Recent content by exceed

Indeed, honestly I did not even understand the reason of bonuses when I joined, but after some reading about margins and leverages, i do understand what they are trying to do with these. Margin calls, stop outs, etc.

Thanks for getting back. In my situation, my friend who referred me is actually a very good friend, and the whole reason I entered this was to prove him, this cannot be real, and he shouldn't trust these guys. Anyhow, I managed to convince him eventually, and he is not referring anyone else, and...

No, the brokers are not regulated, actually they are not even incorporated. No idea how they could get a broker account on mt5, but that's probably easy. When I joined them I was already almost sure that this was a scam, I just joined to try to figure out what was going on, just to try to sort...

tl,dr can somehow a broker fabricate the data displayed to their clients? Hey everyone, so complete noob here. Really need your help to figure this out. So I was contacted through close friends referrals by these brokers, claiming to get me ridiculous returns through automated trades (robots)...