I have been trading with These guys for around 3 months, they have conned me out of trades 3/4 times. The main reason being is the ASK price and the Actual price are not anywhere near close (at certain hours of trading) this meaning Friday night a few hours before the market closes (already a challenging time in the FX market) They adjust the spread fee very high mid trade, meaning my analysis of the charts were spot on and SL was in perfect place but when they stupidly increase their commission/spread fee MID TRADE I get kicked out just before price moves back in favour of my trade but I get stopped out. Their reply to this is “The spreads are wider during the night sir because there is low liquidity of the market” If only I could load a screen shot you would see just how far I was stop lossed out the trade at 1.10564 when my stop was placed at 1.10579! Any trader knows this is small but can make all the difference. On top of this when I place an Order to enter a trade at future price I go back to check my order and they have doubled my risk from my request. I had to tell a friend at work who referred me to Recoveryexperts0 at gmail who were just able to recover some part of the money I lost. this is most definitely in my opinion a dodgy business and likely the reason why 99% of retail traders wipe their account or get put off trading and give up. I’m not going to fall into either, I will simply take my business else where and cut my loss.
5 years ago
BinaryMate has a
3.0
average rating
from
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