Hello Everyone,
I am trying to find out and start a conversation with anyone who knows, or uses, the broker "ForexBroker Inc."
Not that I am much for banner ads, but a certain FX site I visit has so many that.... Actually it wasn't even the ad, more the broker's name that got my attention.
Simply titled "Forex Broker Inc." I guess they are getting to the point, or couldn't come up with any thing better.
I just opened an MT4 Demo, WoW it has been sooooo long since I even opened an MT4 Platform let alone actually used it. In any case, I am wondering if anyone has
used, uses or plans to use this broker. Leverage seems to range from 50:1 to 200:1 - Personally I am happy to see they have 50:1.
They have a few different account packages, platforms are a web trader, MT4 and some mobile platform called SIRIX.
They claim to be an ECN but I don't see any of the necessary changes to MT4 made on the demo, or any choice of the liquidity provider (sometimes offered) or a price ladder. Maybe these things come when live? I don't know.... Perhaps I can do another web chat session with them asking, AND-----> IF ANYONE ELSE HAS ANY QUESTIONS (BRIEF) post them and I will find out. Some of my chat will be posted below.
There is an interesting "matching bonus" where your initial deposit is doubled yet cannot be withdrawn mainly they say "just to add margin allowing you to take and or sustain larger trades or stops" loosely quoted. With a TON of baggage, so you can't withdraw it, not so bad right? Arbitrage is Not allowed on accounts USING it, LOL, I'd like trying to fight that one out! They would likely say 1/10ths of a cent is still technically "their's" if it came down to it!!
The do have a bunch of nice CFDs such as Sugar, Wheat, Brent, WTI, Corn, Gold, Silver, DOW, S&P, FTSE, DAX, NSDQ, Coffee, NatGas and a couple more I don't remember off the top of my head.
Not much info on the site if any about the company. They are Based out of Malta, Europe --- Which as beautiful as it is, is a small country Island of the coast of Southern Italy and from what I have read / heard this for instance
as well as financial crimes, "namely fraud and misappropriation" I'm sure tax evasion and ponzi schemes are large too. Making it a perfect place for an unscrupulous broker. wwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwBUT I HAVE NO EXPrience with them SO I CANNOT SAY IF OR IF NOT THEY ARE LEGIT OR A "BUCKET SHOP"
JUST COMMENTING ON THE REGION. ALL PUBLIC INFO.
I don't know what else to add to this right now.. Oh Yes, they claim to take US clients, and this would get me out of FiFO and other stupid rules that the US Gov ruined retail FX with, Yet, I this broker right now fits about 95% of the NO NO list of brokers that are not well known and outside the US...'
ALL coments welcome!
Please wait for a site operator to respond.
You are now chatting with 'forexbrokerinc'
forexbrokerinc: Welcome to Forexbrokerinc, how can I help you?
you: Hi - I have some questions
forexbrokerinc: how may I help you?
you: Can you tell me a few things starting with how long you have been a broker for?
forexbrokerinc: since 2012
you: great and where are you based out of?
forexbrokerinc: We are based in Malta, Europe.
you: Are you regulated there? And if so by what entities?
forexbrokerinc: (Noble Services) the operating company of Forexbrokerinc is in the process of acquiring a regulatory environment from the Malta Financial Services Authority a full member of the EU.
you: So as of now no one.
forexbrokerinc: no
you: What is the minimum deposit for the micro account>
forexbrokerinc: for all types of accounts is $5
you: And what is the easiest way to fund an account as well as withdraw funds?
forexbrokerinc: we accept credit/debit cards and bank wire transfers
forexbrokerinc: the fastest way is credit/debit card
you: and upon withdraw? How does one obtain their funds?
forexbrokerinc: the funds will be sent back to the deposit method you chose at the deposit
you: Would you be able to give me an estimate of how many clients "retail" you have currently?
forexbrokerinc: about 3000
you: Thanks, and do you have offices in other countries?
forexbrokerinc: you are welcome, no, but we are growing company and we can have them in the nearest future
Chat session has ended.
You are not currently in a chat session.
Oddly enough I asked something about regulation again and we were "disconnected, mysteriously."
I am trying to find out and start a conversation with anyone who knows, or uses, the broker "ForexBroker Inc."
Not that I am much for banner ads, but a certain FX site I visit has so many that.... Actually it wasn't even the ad, more the broker's name that got my attention.
Simply titled "Forex Broker Inc." I guess they are getting to the point, or couldn't come up with any thing better.
I just opened an MT4 Demo, WoW it has been sooooo long since I even opened an MT4 Platform let alone actually used it. In any case, I am wondering if anyone has
used, uses or plans to use this broker. Leverage seems to range from 50:1 to 200:1 - Personally I am happy to see they have 50:1.
They have a few different account packages, platforms are a web trader, MT4 and some mobile platform called SIRIX.
They claim to be an ECN but I don't see any of the necessary changes to MT4 made on the demo, or any choice of the liquidity provider (sometimes offered) or a price ladder. Maybe these things come when live? I don't know.... Perhaps I can do another web chat session with them asking, AND-----> IF ANYONE ELSE HAS ANY QUESTIONS (BRIEF) post them and I will find out. Some of my chat will be posted below.
There is an interesting "matching bonus" where your initial deposit is doubled yet cannot be withdrawn mainly they say "just to add margin allowing you to take and or sustain larger trades or stops" loosely quoted. With a TON of baggage, so you can't withdraw it, not so bad right? Arbitrage is Not allowed on accounts USING it, LOL, I'd like trying to fight that one out! They would likely say 1/10ths of a cent is still technically "their's" if it came down to it!!
The do have a bunch of nice CFDs such as Sugar, Wheat, Brent, WTI, Corn, Gold, Silver, DOW, S&P, FTSE, DAX, NSDQ, Coffee, NatGas and a couple more I don't remember off the top of my head.
Not much info on the site if any about the company. They are Based out of Malta, Europe --- Which as beautiful as it is, is a small country Island of the coast of Southern Italy and from what I have read / heard this for instance
QuoteDislikedUS State Department Money Laundering Report - 2013:
Malta’s location between North Africa and Italy makes it a transit point for narcotics and human trafficking to Europe. The country’s offshore banking sector is relatively large (eight times GDP), and it is the second largest ship registrar in Europe.
JUST COMMENTING ON THE REGION. ALL PUBLIC INFO.
I don't know what else to add to this right now.. Oh Yes, they claim to take US clients, and this would get me out of FiFO and other stupid rules that the US Gov ruined retail FX with, Yet, I this broker right now fits about 95% of the NO NO list of brokers that are not well known and outside the US...'
ALL coments welcome!
Please wait for a site operator to respond.
You are now chatting with 'forexbrokerinc'
forexbrokerinc: Welcome to Forexbrokerinc, how can I help you?
you: Hi - I have some questions
forexbrokerinc: how may I help you?
you: Can you tell me a few things starting with how long you have been a broker for?
forexbrokerinc: since 2012
you: great and where are you based out of?
forexbrokerinc: We are based in Malta, Europe.
you: Are you regulated there? And if so by what entities?
forexbrokerinc: (Noble Services) the operating company of Forexbrokerinc is in the process of acquiring a regulatory environment from the Malta Financial Services Authority a full member of the EU.
you: So as of now no one.
forexbrokerinc: no
you: What is the minimum deposit for the micro account>
forexbrokerinc: for all types of accounts is $5
you: And what is the easiest way to fund an account as well as withdraw funds?
forexbrokerinc: we accept credit/debit cards and bank wire transfers
forexbrokerinc: the fastest way is credit/debit card
you: and upon withdraw? How does one obtain their funds?
forexbrokerinc: the funds will be sent back to the deposit method you chose at the deposit
you: Would you be able to give me an estimate of how many clients "retail" you have currently?
forexbrokerinc: about 3000
you: Thanks, and do you have offices in other countries?
forexbrokerinc: you are welcome, no, but we are growing company and we can have them in the nearest future
Chat session has ended.
You are not currently in a chat session.
Oddly enough I asked something about regulation again and we were "disconnected, mysteriously."
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News