i found this broker when i browse earnforex and brokerarena when i searching about educational articles .
this broker regulated by CySEC and claimed as ECN Forex Broker
anybody here had experience with them?
well i am talking about ViproMarkets not IronFX
ironfx went scam because their bonus scheme. 50%-100% bonuses?
who want to trade with that kind of bonuses? for me?
i remembered when i opened accounts with them. Yes i opened accounts, with many people ID's
yes i abused their bonuse , trade iron FX account against another broker with bonuses. instant profit. that is why ironfx is down
but it is another story
about CYSEC it self,might be it is corrupt.but they are better regulation than another offshore regulation out there
yeah , intresting isn't it?
how traders from developed country learn to trade ?from offshore brokers who heavily advertise their broker .
What kind of broker used by traders from developed country ? most of people i know, they trade with offshore brokers
because offshore broker offer unbeatable,
Low minimum deposit, high leverage, no paperwork, able to deposit and withdraw with e-payment.
come one, retails average deposits are between $25 to $250 and must pay $30 only to cover the wire transfer fees?
so i will give chances for this broker to grow , and we will see, what happen with vipromarkets in next year
Well.. funny to say that this broker is literally another bucketshop.
I remembered trading with them in the past, there were tons of requotes and sometimes (Funniest thing happened in my life), the entire MT4 freezes to which trades were halted and not executed across the board. Mind if i tell you I am using a Razer Blade accompanied with an i7 desktop to trade. (MT4 issue definitely comes from the broker itself).
Nonetheless, when I needed help the most, I contacted the Live Chat support team to see that my issues were not attended at all. Their so-called "Live Chat" Team were offline most of the time deeming it useless as well. Welp.. that should scare you away from them anyways...
"If you looked carefully on their websites, it says partner with FCA and not license by FCA."