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Caesar Trades

  • #1
  • First Post: Mar 20, 2013 9:06am Mar 20, 2013 9:06am
Does anybody know about the broker named Caesar Trades and their performance, trustworthiness etc? They have started in 2011 and I cannot find any review anywhere.
  • #2
  • May 11, 2013 4:52am May 11, 2013 4:52am
I opened an live account on 21st April 2013 and emailed requested doc copies. One representative who kept on contacting me confirmed my mail that the docs seems to be ok, otherwise he should get negative feedback from the administrator and asked me to deposit. I use Money Booker (Skrill) account and they die not have the facility. They opened a link for Money Booker on my request. How ever the money would be sent to an account opened by the CEO, Eric. I sent money on 9th April 2013, under 400% bonus scheme and informed the person who contacted me by email also. There after I got an email from a person called Gail and said that the docs I sent are not clear. I sent another set of docs on 10th May 2013 and informed that I have deposited money but still today 11th May 2013 money not gone to my trading account. How ever their platform still does not http://www.forexpeacearmy.com/forex-...lossarlink.gif support to give a full name, I mean middle names. I could give only the fort name and last name. The address also same. Cannot give more than 50 Characters.I had to give only a part of the address. Both this positions were informed to them by emails and waiting to see whether they would respond or accept it. I am watching the situation as this broker is not listed in most of the sites still. Would give further details and update the site as a revive. I plan to update weekly so the positive or negative side could be seen by other traders.
  • #3
  • May 16, 2013 9:55am May 16, 2013 9:55am
on 13th May night they have credited the money with the bonus. Speed of execution of trades is acceptable. The MT4 platform gets updated very fast compare to UK MT4 platform. How ever there is about 2 pips difference (Less) between UK MT4 platform and Caesar Trade MT4 platform
  • #4
  • May 16, 2013 2:02pm May 16, 2013 2:02pm
Quoting ramses2
on 13th May night they have credited the money with the bonus. Speed of execution of trades is acceptable. The MT4 platform gets updated very fast compare to UK MT4 platform. How ever there is about 2 pips difference (Less) between UK MT4 platform and Caesar Trade MT4 platform
Ramses2 you sound like a Ceaser Trade agent
  • #5
  • May 17, 2013 6:34am May 17, 2013 6:34am
Quoting Makavell
{quote} Ramses2 you sound like a Ceaser Trade agent
Nope. I am an individual trader who wanted to test this new broker with minimum investment.


My experience today.

When I registered I mentioned that my leverage would be only 100%. When I entered my first trade it was ok and went with 100% leverage. However when I did the 2nd trade I noticed that the leverage has been changed to 400% without my knowledge. As such it look like that my investment and the bonus given could be wiped out with this single trade. I am still watching the trade witch is in red now. My initial stop loss is 70 pips and with 100% leverage it could be a small loss. But now I see that the loss is almost the entire balance. only a fraction is left out. BE CAREFUL WITH THIS BROKER. This could be my last report as There is hardly any balance left out to trade and I am not going to deposit any more.
  • #6
  • May 18, 2013 3:57am May 18, 2013 3:57am
Quoting ramses2
{quote} When I registered I mentioned that my leverage would be only 100%. When I entered my first trade it was ok and went with 100% leverage. However when I did the 2nd trade I noticed that the leverage has been changed to 400% without my knowledge. As such it look like that my investment and the bonus given could be wiped out with this single trade. I am still watching the trade witch is in red now. My initial stop loss is 70 pips and with 100% leverage it could be a small loss. But now I see that the loss is almost the entire balance. only...
Just because they changed the leverage doesnt mean it should not make any difference on your account unless YOU are over-leveraging yourself which amounts to the same as gambling. So, in essence it is your fault your account is busted because you should not have been trading that much to begin with donkey!
  • #7
  • May 18, 2013 7:36am May 18, 2013 7:36am
Quoting traderjai_inhi
{quote} Just because they changed the leverage doesnt mean it should not make any difference on your account unless YOU are over-leveraging yourself which amounts to the same as gambling. So, in essence it is your fault your account is busted because you should not have been trading that much to begin with donkey!

I do not know who the donkey is when I request 1;100 leverage and given 1: 1000. In fact it not 1:400. When I checked the pip value it is 10 times than I requested. I am trading this type of trades with other two brokers an making good profits.
  • #8
  • May 21, 2013 8:23am May 21, 2013 8:23am
I complained two days ago about the wrong leverage to them and indicated the pip value which is 10 times more than I requested. There is no response to that mail. It looks like they are still calculating the pip value to ascertain whether my calculation is correct. My recommendation to other traders, be careful before you select this broker.
  • #9
  • May 21, 2013 8:25am May 21, 2013 8:25am
1:1000 is insane leverage. Unless you're a Jedi Master of the markets, nothing but bad things will happen.
  • #10
  • May 21, 2013 11:46am May 21, 2013 11:46am
Quoting ramses2
{quote} I do not know who the donkey is when I request 1;100 leverage and given 1: 1000. In fact it not 1:400. When I checked the pip value it is 10 times than I requested. I am trading this type of trades with other two brokers an making good profits.
I thought I was quite clear... it is your fault for not using proper money management. Just because you can trade more does not mean you have to. You do know you can control that right??
  • #11
  • May 26, 2013 10:08am May 26, 2013 10:08am
Quoting traderjai_inhi
{quote} I thought I was quite clear... it is your fault for not using proper money management. Just because you can trade more does not mean you have to. You do know you can control that right??

I did the trading for 1:100 leverage and set my SL point according to my experience and 1:100 leverage and when some donkey changed the leverage to 1:1000 all my strategy go for a six. I believe any body would understand the difference between 1:100 and 1;1000. It is just like when you are driving your vehicle at 40km/hr and when you are hit by a similar vehicle running at 400 km/hr. Your vehicle would be smashed like a box of matches and do you think that you would be alive after such accident?
  • #12
  • May 28, 2013 12:16pm May 28, 2013 12:16pm
You clearly have a lot to learn about trading... good luck to you, something tells me you are going to need it!
  • #13
  • Mar 18, 2014 8:22am Mar 18, 2014 8:22am
any member of FF using this broker?..thanks..
sdtprojectsphilippines
  • #14
  • Jan 19, 2015 3:48pm Jan 19, 2015 3:48pm
Quoting Allen Matt
any member of FF using this broker?..thanks..
I just started using Caesar Trade about a month ago and so far so good. No real problems to report at this point.
  • #15
  • May 21, 2015 4:18pm May 21, 2015 4:18pm
Just subscribe for no deposit bonus offered from Caesar Trade, looking forward to have healthy trading relationship with the broker in long term & utilize the bonus as additional incentive to start up with my mini capital test run as a beginner in trading, will share further more for my experience with the broker.
  • #16
  • Last Post: Aug 19, 2015 10:43am Aug 19, 2015 10:43am
scammer!!!!!! Be aware of any people from this compnay, especially Joshua Brown([email protected]) and Eric Harbor([email protected])!
I traded TADWUL and won more than US$5000 profit. When I want to withdraw they accuse me arbitrarily attacking their system and just remove my profit from my account.
When I complain it to their regulator FSCL, they said they can't help me get back money and finally deregistered them from all the authorities from New Zealand.
I think it is hard to get back the money. I am here to urge you broadcast this information to your own country's related website/forum, and it is better to translate to your own language.
I am here also to recommend use ECN commpany instead of market maker company which always play trick to make you lost money, then they can win money from you. Dukascopy and IB(IB（Interactive Brokers) are a good option.
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