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FxStat, Power to traders www.FxStat.com
can some one tell me about this broker please![[aww]](/themes/default/images/smiles/aww.png)
Well i have not traded with them before. but, what worries me is the Mauritius regulation and stating 30% commission on all deposit sizes.
I might open a small micro account with them. but i will never look to open a big account.
Its a non-us broker I think. But as fxpro said, it is charging 30% commissions. BAD
Stick to your rules
Nice website design. They are giving 30% deposit bonus. There are no deposit fees. So which commission are you talking about?
The good or ill of a man lies within his own will. – Epictetus
30% commision :O where it is written and what type of commission you are talking about i cant see any commiccion in there site.
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
I'd probably stay away. They have a London phone number, but regulated and addressed in Mauritius. I wouldn't expect that regualtion to be as strict as US or UK regulation.
dear what you mean by last line i cant get it. may be they have another office in london thats why they give london number or may be they have divert the number as you know about skype they are also giving london number with some fees.
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
Originally posted by sadscorpiondear what you mean by last line i cant get it. may be they have another office in london thats why they give london number or may be they have divert the number as you know about skype they are also giving london number with some fees.
Diverting numbers is another warning to stay away. I won't go near a broker that isn't regualted in the UK or North America. Even then you need to be sure that the laws that regulate them extend to non-US/UK citizens. As we found out with the recent FXCM scandal, the US laws did not extend to non-US clients resulting in ONLY US clients receiving compensation for slippage, while teh rest of the world got a fingers up.
yaa that is also a big alerting warning for traders but may be they have there support department is located in the uk,
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
Originally posted by sadscorpionyaa that is also a big alerting warning for traders but may be they have there support department is located in the uk,
You don't need to be regualted to offer support. It's where the registered address of the financial service/product provider is located that's important.