New Trader. What is up with Tradenet and Meir Barak?

This is a discussion on New Trader. What is up with Tradenet and Meir Barak? within the First Steps forums, part of the Reception category; I Joined tradenet several months ago and as a new trader it has been very beneficial to me. Teaching me ...

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Old Jan 30, 2017, 2:38am   #17
 
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tradenet

I Joined tradenet several months ago and as a new trader it has been very beneficial to me. Teaching me the ins and outs of day trading and having seasoned traders there to really help guide me through all the hurdles of becoming a trader. I would recommend tradenet to anyone who wants to take the next step to becoming a professional trader.
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Old May 14, 2017, 3:32pm   #18
Joined May 2003
Interesting that all the people touting Meir Barak/Tradenet have LESS THAN TEN posts!
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Old Jun 11, 2017, 2:51pm   #19
 
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Originally Posted by ImranQ View Post
Interesting that all the people touting Meir Barak/Tradenet have LESS THAN TEN posts!
True. Does look a bit dodgy

I can't speak for the tradenet side of things, but colmex have been around for a decent while now, and I've not heard a great deal in the way of complaints if i'm honest. Only that their commissions are a little on the high side. When they first popped up, I dismised them as I imagined that they'd head for the sunset and disappear with everyones money , but that doesn't appear to be the case!
I've spoken to Mier before, and to be honest he seems like a pretty genuine guy from what my instincts tell me at least. He's certainly very transparent in his trading room which is very unusual in this industry!

I'm actually considering opening an account with them to trade CFD equities. I already have futures and spreadbet accounts, but want to try my hand at equities, but don't want to chuck the 25k required under the PDT rule at it, so the CFD route is tempting. I like their platform too.

On that note, does anyone here have a colmex account? What has your experience been like? Are there any platform fees? Any issues with withdrawing money or 'hidden' fees etc?

cheers
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