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nhallmark (November 30, 1999 at 12:00 am)
I finally got word from MB on the situation with Felix. You were right...his IB has been terminated.
I originally defended him because he's been honest in the past, but I guess that's no longer the case.
I apologize.
whipsawfx (November 30, 1999 at 12:00 am)
The point being that OANDA is the better place for a newbie to trade than MBT. The simple fact that at OANDA you can trade an account as small as you want ($1 even !) means you can exercise a supreme level of "money management" whilst you learn to trade ... and deposite more funds as you become more profitable over time. Whereas elsewhere you have to contend with minimum deposits and contract sizes.
Good Trading all
whipsawfx (November 30, 1999 at 12:00 am)
Just realised that to a lot of people stumbling onto this video that it wont make much sense ... so here's an overview..
Last year, a scammer called "Dmitri Chavkerov" alias "Felix" posted a youtube promotional video for MBT and his IB program, which falsely suggested that MBT's market was more real than OANDA and other brokers ... There were a lot of inaccuries, and I was alarmed at the fact that newbies may be drawn to an outfit where they would lose their money.. so I posted this response
whipsawfx (November 30, 1999 at 12:00 am)
your link 'felixforexbroker . com'
"This server is experiencing technical difficulties.
.
We apologize for any inconvinience. Please check back again later. "
hahaha he even scams the fact he's no longer an ib for mbt ... "Technical Difficulties = MBT told him to get lost ..."
lol, lmfao, loser
whipsawfx (November 30, 1999 at 12:00 am)
Well, I guess not surprisingly given his involvement immigration scam with his girlfriend, MBT terminated his IB agreement, and voila his promotional video disapears ...
loser
nhallmark (November 30, 1999 at 12:00 am)
yeah he is.
But I agree, its misleading. And I agree MBT is not 100% honest either.
Still, even though he lies in his marketing, he does pay the rebates and he is still an IB for them...
felixforexbroker . com
About MB...I've talked to Justin LeBlang(sp?) from EFX about the negative spreads that will last several minutes during JPY unwinds and he claims they dont exist and you cant deal on them, which is not a real market.
whipsawfx (November 30, 1999 at 12:00 am)
Is he not still giving out gift certificates at the end of the year for the rebate?
In anycase, his original advert which this was a reply to was clearly misleading.
Making out zero pip spreads were the real market, when their very presence demonstrates that its an artificial market born from the fact you pay the spread (comission) after the trade ... simply put, a scam the way Felix sold it !!
Amazing EUR/USD in this video 1.3657, thats 16% ago and now its a carry trade, lol
nhallmark (November 30, 1999 at 12:00 am)
zero pip spreads happen all the time on MB and for the record felix pays commission rebates still. He's just changed his system for doing it.
No, I dont work for MB and Im not felix :-)
HickysBoy (November 30, 1999 at 12:00 am)
I've been happy with MBT/EFX. I don't think they do any market-making - but I am a client and not an employee. There are banks, etc that will take <100k lots and bundle them. There is quite a bit of volume <100k so a small markup or cost to take them should be attractive somewhere down the pipe. Their total costs are a tad high compared to HotspotFX and DukasCopy.
whipsawfx (November 30, 1999 at 12:00 am)
Me two, although the video I have to go with it doesn't make much sense now... as the guy isn't a IB for them any more .. In fact he stopped being one just when he was supposed to pony up the rebates ... wonder if anyone got their ... I thinks not ...
Forex is the wild west for scammers ...
easy money |
