Introducing Brokers (IBs) + Proprietary Trading Firms | Forex Factory

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Introducing Brokers (IBs) + Proprietary Trading Firms

  • #1
  • First Post: Jul 7, 2016 8:29pm Jul 7, 2016 8:29pm
Hello fellow Internet warriors,

I am creating this thread to help protect traders from being scam by Introducing Brokers (IBs) pretending to be Proprietary Trading Firms, hopefully be able to generate a list of websites and companies that is pretending to be a Proprietary Trading Firms from fellow warriors.

I can obtain all companies details located within Canada (All Provinces & Cities), at least see whether the company even exist or not. Feel free to contact me, if you came across a company claiming to be a Proprietary Trading Firms within Canada (All Provinces & Cities). If the company is located else where in the world I do not have sufficient contact to do a brief background check, however I have access to information among brokers whether the brokerage offer Proprietary Trading Structure for companies. Or at least that the trading account belongs to the company name and not yours if the brokerage does not offer the Proprietary Trading Structure.

If Proprietary Trading Firms offers bonuses it is probably an IBs, specially when the brokerage does not offer Proprietary Trading Structure and that you have to open an account with your name.

Let me the hunt begin!
militarymonk
  • #2
  • Jul 11, 2016 7:57am Jul 11, 2016 7:57am
Evolution FX Trading
http://www.evolutionfxtrading.com

They are not a proprietary trading firm, definitely an IBs.

P.S. Thanks for submitting me the company and website.
militarymonk
  • #3
  • Jul 11, 2016 11:44am Jul 11, 2016 11:44am
http://www.the-trading-academy.com

The website/company is probably run by a single instructor/owner, during the Skype education lessons the instructor will aggressively push you to open an account with 10 Markets, http://www.10markets.com through his personal IB link.

This may not be a Proprietary Trading Firm, but it is important to spread the awareness never the less, as the broker is fairly fishy, probably the instructor/owner did not do his research on the broker while aiming for the moolah $$. No biggies, until a formal complaint leads to investigation. Canadians stay out from 10 Makets and the website academy, you might as well go to casinos.

P.S. Thanks for submitting me the company and website.
militarymonk
  • #4
  • Jul 11, 2016 11:53am Jul 11, 2016 11:53am
Quoting militarymonk
http://www.the-trading-academy.com The website/company is probably run by a single instructor/owner, during the Skype education lessons the instructor will aggressively push you to open an account with 10 Markets, http://www.10markets.com through his personal IB link. This may not be a Proprietary Trading Firm, but it is important to spread the awareness never the less, as the broker is fairly fishy, probably the instructor/owner did not do his research on the broker while aiming for the moolah $$. No biggies, until a formal...
Nice thread mm
Do not let the cost of being wrong, exceed the prize of beeing right
  • #5
  • Last Post: Jul 12, 2016 4:54am Jul 12, 2016 4:54am
Quoting militarymonk
Hello fellow Internet warriors, I am creating this thread to help protect traders from being scam by Introducing Brokers (IBs) pretending to be Proprietary Trading Firms, hopefully be able to generate a list of websites and companies that is pretending to be a Proprietary Trading Firms from fellow warriors. I can obtain all companies details located within Canada (All Provinces & Cities), at least see whether the company even exist or not. Feel free to contact me, if you came across a company claiming to be a Proprietary Trading Firms within Canada...
Do you know any good regulated ECN forex broker from Canada? Could you provide some links?
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