Dislikedthis has been asked a zillion times elsewhere on FF - but I'm curious which brokers Jacko Group Members are trading with and why?Ignored
I am always curious/ fascinated / intrigued why people want to know which brokers members of my group or I use...??
Regarding my brokers,we use 4 of the biggest brokers, but I had a bad experience about two years ago (well before I started the first group) where I gave the information about our brokers to a young guy (who in turn told some other traders) and they all started pestering our brokers saying that they were “very good friends” of mine and wanted special deals etc on spread. And when a trade went against them they said they would get Mark involved to “sort it out”.
It nearly wrecked our relationships with the brokers and I never want to go there again. Mark was furious about it. And the young guys even thought that we were unfair when we said that we didn't want them using Marks and my names as a lever, so I lost a friendship there. It turned into a real mess so I don't intend doing that again.
Regarding members of the group and their brokers, I don't recommend any one broker to any of the group. I don't recommend any brokers to the group at all. I don't want to be seen to be "affiliated" or recommending any brokers. I would not want to be seen to be promoting one broker over any other. (It could give an impression that I am “influenced” or “incentivised” to refer members of the group to them…which I have never done).
What I do recommend is that traders deal only with the bigger (and more reputable??) brokers. Then just have a look at their platforms and choose the one you feel most comfortable with working with.
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Jacko