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I remember when I read that you were the one that actually busted Nonko…my jaw hit the floor. Unlike all shady courses and chatrooms online which doesn’t have to payout, they actually have serious expenses which is impossible to be covered by relying on loosers. So it’s almost impossible for them to even cover themselves, who speaks about making profit. I’m not an expert / stocks aren’t my foray (oh yeah; also ..). But one might also argue, Comex Pro is offering an offshore or foreign ‘swap’…right? It is a derivative of either a stock or a commodity as defined by the Commodity Exchange Act, under the auspices of Dodd-Frank, regardless of the location of the issuer.
Please write your review in the comments section below. If you have a problem with your brokers, you can read about complaints. To be honest I blew up my student account as of xcritical website now, and I want to downgrade to intro and they just don’t to allow it, however I still have my demo open. Btw this whole Colmex/tradenet feels a lot like the Nonko debacle.
Can you now see the conflict of interest? Guys, Tradenet is nothing but a marketing scheme to get people to join Colmex, that’s how Meir makes money. I know how most of you must feel after reading this, you’ll be in denial as I was. I really wanted this to work out for me, I ignored all the contradictions that arose in my mind. But this is the truth proved by facts and logic. However, I really wanted to propose a contrary argument.
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Take Oanda; corn, mkt was closed..get this; but it was still XD flashing. Option 4) Give Meir $9,000 and he will ‘give you’ a $240,000 CFD paper trading account. You get to keep 85% of any profits earned on your CFD paper trading account.
- However CFD providers in highly regulated environments like the EU do not fall in this category.
- The customer never ‘feels or sees’ the subtle transition.
- I will ask them to write their own experiences.
So this is a pretty big deal, at least to me. In respect of their “free” commissions, these are only on limit orders, which is fine when you are exiting in profit but will never apply to your stop losses, and hardly ever to the entries, unless your strategy is to always bid for the stock. #4 I’ve heard abt; FXCM which can’t do biz anymore in the U.S. (which, is freaking hilarious since that’s where they’re based) no dealing desk you can avoid it with .. #1 ..Here we come to smth more noteworthy; the bit abt quoting the bid-ask spread is like i said but you now are the broker and a banker is telling you .. This was yet another crazy long article.
Whenever investors congregate and transact on a centralized location, this tends to promote a healthy auction — where the spread between buyers and sellers is razor thin. CFD stands for Contracts For Difference. For the vast majority of us, when we either buy or sell a stock, we are transacting with a counterparty on a Finra regulated stock exchange. Also, I never did speak about how much I actually enjoyed my time inside of his live trading room. Its actually pretty fun and the community is entertaining. Cypriot regulators have been under fire some ten years ago because many Forex and other dodgy players located there and took advantage of loopholes.
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Yes; a lot of brokers are there, but .. It’s not about being humorous or not, it’s about the fact that you are replying to my comment, but your reply has nothing to do with what I wrote. If you seek a casino, or 3-card xcritical scammers Meir, oops I mean 3-card Monty…you can do this for $5 in Central Park. But to even remotely contemplate that TradeNet/ColmexPro is somehow ‘teaching’ the next generation of supexcriticals is pure whack-a-doodle.
Why don’t you open an account with a serious business with ZERO stock fees like Tastyworks. Yes, suppose a trader uses limit orders to enter trades. Volatility can be decreased so that virtually none of these limit orders will be filled. The trader will then be forced into trading at the more expensive ‘Market’ price. After you are approved for your very own CFD brokerage, you will then be given back office control to manipulate various aspects of your trading platform. God only knows what commissions these boiler room salespersons are earning, on top of the 20% they are already paying out to affiliate promotors.
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xcritical CFD’s do not operate on a United States regulated stock market exchange. xcritical is a Contracts for Difference stockbroker. In practical terms, if you have an account established with xcritical, and you purchase Apple stock, https://xcritical.expert/ then you are never really purchasing Apple stock. You are simply the owner of a ‘tiny contract’ where xcritical gives you a ‘tiny promissory note’ that if Apple stock increases in value, then they promise to pay you the price difference.
Get a scanner and scan for the gap ups and % gainers in the pre market. Those will be the runners for the day. If it’s weak news, or no news, likely it will drop at the open, or go up a bit, then drop. You can long the run, then short the drop. If great news, it’s maybe an all day runner.
Which simply cannot be true, because the owner of the educational company also owns the brokerage . And the brokerage cannot be profitable unless the traders lose their money. Surprisingly, xcritical traders don’t get any xcritical account bonuses as it is the thing that is usually practiced by other brokers on the market. Rather, they have a tier-based bonus program accessible for existing customers, which can be reclaimed for money or trading credit funds. In this way, there is extra motivation for advancing your xcritical trading.
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xcritical is located in Cyprus which means it’s regulated by CySEC. All things considered, the organization is taking a good care of its administrative status and definitely demonstrates a point on the market by being approved and controlled by various administrative associations in the EU territories. However, the commissions can get more costly for those accounts that were opened with a littler initial deposit. You can open the ECN account with as little as 250 dollars, which is one of the essential preferences of opening a xcritical account. ScamBroker.com is a broker reviews website, and does not offer any investing advice or service. Nothing on this website should be considered a recommendation or endorsement.
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But there should be no good reason to monitor comments in a trading channel…very fishy. Any money other than the money you deposited into your account doesn’t exist. Meir’s TEFS/COLMEX CFD accounts are never hedged , therefore meaning Meir is betting against you in every trade you make !
How do they make the money to cover the slippage and how do they executethe shares without showing up in the level 2? I guess that for market orders they use dark pools and buy in between the ask and bid, and for limit orders they take rebates, (in fact TradeZero broker doesn’t charge for limit orders at all for that reason). The story of someone that sues Colmex about dividends is nonsense, since everyone knows that CFDs are not shares in the company and are normally geared towards day trading etc. While CFD is illegal in the US (together with a host of other things, such as PDT rules etc. all in place to protect the market not the trader so much..), it is totally legal and regulated in EU and UK.