pretium

dogrot · Mar 27, 2010

Hi,
Has any body come across this company ( Pretium Securites):|

PualoP · Mar 27, 2010

Yep, they're CFD/spread bet advisory brokers who use CMC and IG Index. You're better off trading on your own than having some clown churn your account.

Masquerade · Mar 27, 2010

I had a call from them a while back and started a thread about them.

http://www.trade2win.com/boards/brokerages/47662-pretium-securities.html

dealer911 · Mar 28, 2010

dogrot said:
Hi,
Has any body come across this company ( Pretium Securites):|

These guys will churn your account until you are broke.. I know someone who used to work there as a broker.. he was expected to generate 10% commission per month per account.. i.e if you give them 100k to "manage" the broker will be expected to make 10k per month commission for pretium.. companies like this one should be put out of business.

dogrot · Mar 28, 2010

PualoP said:
Yep, they're CFD/spread bet advisory brokers who use CMC and IG Index. You're better off trading on your own than having some clown churn your account.

Hi,
Thanks for taking the time to answer my question as a new investor i was hoping to use there experience in the market place ?

dogrot · Mar 28, 2010

dealer911 said:
These guys will churn your account until you are broke.. I know someone who used to work there as a broker.. he was expected to generate 10% commission per month per account.. i.e if you give them 100k to "manage" the broker will be expected to make 10k per month commission for pretium.. companies like this one should be put out of business.

Hi

So you consider that they would advise you to buy even at a loss just to make there commission,?

Thanks for the reply (food for thought)

pboyles · Mar 28, 2010

dogrot said:
Hi

So you consider that they would advise you to buy even at a loss just to make there commission,?

Thanks for the reply (food for thought)

Exactly, they dont care if the trade wins or loses, they get their money from you regardless.

pretium

dogrot

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PualoP

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Masquerade

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dealer911

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dogrot

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dogrot

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pboyles

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