Friday, June 13, 2008


I - TRADE FX SCAM CASE

I visited the office to do some research on the company. The "president" is a 20 year old kid sitting in daddy's office with an attitude like hes a God or something.

I did further research to find that daddy is just a stock picks guy who teaches a class on trading with their other company MTI. "Big Chief" as hes called doesnt even have his Series 3 listed on the NFA site.

In fact none of the principals except the chiefe dealer that they got from another company has any history of working in the industry and only "the president" has his seris 3, under 2 years and has no industry experience outside of this company. Judging by his post below his English isn't very good either.

Basically it seems some people got together and decided to run an FCM with no prior experience. Not what I look for personally but you might not care.

1 comment:

Adam Dalena said...

Thank you for this blog and share some useful information.

Forex Trade Broker