---Quote (Originally by Martinghoul)---
Who are you regulated by? When I make a deposit into my account which legal entity holds these funds? Where is this legal entity domiciled and what depositor protection scheme applies, if any?
---End Quote---
Dear Martinghoul,
I think you know that MetaTrader platform costs $50000 and about $100000 is needed to establish the dealing center.
I cannot imagine any company that will be ready to deceive you if you invested, say $10000 (and any smaller amount). I think that reputation costs much more than such amounts of money. If you would like to trade with bigger amount, we will give you a special individual guarantee.
Speaking about regulations. Do you really think that regulations can protect traders somehow?
We think that regulations are not associated with reliability.
We all remember Lehman Brothers, a global financial services firm that was duly incorporated and regulated in the USA. But it didn't save them from bankruptcy, regulations didn't help.
Who are you regulated by? When I make a deposit into my account which legal entity holds these funds? Where is this legal entity domiciled and what depositor protection scheme applies, if any?
---End Quote---
Dear Martinghoul,
I think you know that MetaTrader platform costs $50000 and about $100000 is needed to establish the dealing center.
I cannot imagine any company that will be ready to deceive you if you invested, say $10000 (and any smaller amount). I think that reputation costs much more than such amounts of money. If you would like to trade with bigger amount, we will give you a special individual guarantee.
Speaking about regulations. Do you really think that regulations can protect traders somehow?
We think that regulations are not associated with reliability.
We all remember Lehman Brothers, a global financial services firm that was duly incorporated and regulated in the USA. But it didn't save them from bankruptcy, regulations didn't help.
wackypete2
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This was my reply to the Lehman statement on the deleted thread:
wackypete2 said:
Peter
wackypete2
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Did someone at t2w receive a handwritten note threatening legal action already? Probably from Dewey, Cheatum, and Howe law firm. :whistling
Peter
barjon
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nope, just binning advertisingwackypete2
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Profiforex com
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Dear pboyles and wackypete2,
We are not the first day in this business, in our group there are 15 professional traders and we manage the amount of approximately 20 million dollars. Sometimes traders leave our group, sometimes new members appear. And in the first place the dealing center was established in order to introduce our deals on the market as quickly as possible.
We value your experience and knowledge and invite you to join us. We have the following proposal:
We give you (each of you) $1000 investments and you trade with this amount on Profiforex trading account. There is the only rule: 1:10 leverage. You can lose not more than $200 from the initial amount. All the profit that you make will be divided into two halves (50% of the profit is yours, 50% is ours).
So you will prove that you are a professional and you'll have an excellent opportunity to check our trading conditions, execution, withdrawal mechanism and make sure that we are fair. And you will be more than welcome to give us a feedback on our work.
We are not the first day in this business, in our group there are 15 professional traders and we manage the amount of approximately 20 million dollars. Sometimes traders leave our group, sometimes new members appear. And in the first place the dealing center was established in order to introduce our deals on the market as quickly as possible.
We value your experience and knowledge and invite you to join us. We have the following proposal:
We give you (each of you) $1000 investments and you trade with this amount on Profiforex trading account. There is the only rule: 1:10 leverage. You can lose not more than $200 from the initial amount. All the profit that you make will be divided into two halves (50% of the profit is yours, 50% is ours).
So you will prove that you are a professional and you'll have an excellent opportunity to check our trading conditions, execution, withdrawal mechanism and make sure that we are fair. And you will be more than welcome to give us a feedback on our work.
Martinghoul
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Your response to my question is rather telling, profitforex. You're also completely missing the point with your Lehman comment.
As to your proposal to trade your money, I am all up for it, except I won't waste my time with the ridiculously small sum you suggest. Feel free to adjust your offer accordingly.
As to your proposal to trade your money, I am all up for it, except I won't waste my time with the ridiculously small sum you suggest. Feel free to adjust your offer accordingly.
Profiforex com
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Dear Martinghoul,
Thanks for your reply and comment, we respect freedom of speech. But God says in the Bible, All things are lawful for me, but all things are not expedient; all things are lawful for me , but all things edify not. Maybe you remember this scripture.
I am a member of Profiforex group, and moreover I am a trader and an analyst with many years of trading experience. I want to ask you a question, if you earn enough money, will you have courage to open a new company and to compete with other famous global financial services firms? From your posts, I expect you haven’t opened yet. Because in your mind, other firms are scams.
As I have said earlier MetaTrader platform costs $50000 and about $100000 is needed to establish the dealing center. Let me ask you another question. If one day you turn from a trader to a founder of a dealing center, will you deceive your clients for just 1000$ dollars? Even the students in college know what is more important Reputation or 1000$.
As to your reply to my proposal, it was very interesting to read.
Will anybody else give you any amount in trust (for example, even $500) without any guarantees from your side, without your proof that you are proficient enough? No.
You say that you don’t want to waste your time with “the ridiculously small sum”. But still you find time to write here different posts instead of earning money…
We provide an opportunity to pboyles and wackypete2 (even to you) to learn more about our company, to test our work, get profit, make suggestions (if any) but not just to give you a chance to pick cash on the road.
Because till you have your own experience working with us you cannot report objective information about us. And expressing opinions without proof can be perceived as slander with all the consequences.
So we find all the further discussions inappropriate till you gain experience working with us.
To accept our proposal and receive our investment ($1000) please contact us via e-mail.
Thanks for your reply and comment, we respect freedom of speech. But God says in the Bible, All things are lawful for me, but all things are not expedient; all things are lawful for me , but all things edify not. Maybe you remember this scripture.
I am a member of Profiforex group, and moreover I am a trader and an analyst with many years of trading experience. I want to ask you a question, if you earn enough money, will you have courage to open a new company and to compete with other famous global financial services firms? From your posts, I expect you haven’t opened yet. Because in your mind, other firms are scams.
As I have said earlier MetaTrader platform costs $50000 and about $100000 is needed to establish the dealing center. Let me ask you another question. If one day you turn from a trader to a founder of a dealing center, will you deceive your clients for just 1000$ dollars? Even the students in college know what is more important Reputation or 1000$.
As to your reply to my proposal, it was very interesting to read.
Will anybody else give you any amount in trust (for example, even $500) without any guarantees from your side, without your proof that you are proficient enough? No.
You say that you don’t want to waste your time with “the ridiculously small sum”. But still you find time to write here different posts instead of earning money…
We provide an opportunity to pboyles and wackypete2 (even to you) to learn more about our company, to test our work, get profit, make suggestions (if any) but not just to give you a chance to pick cash on the road.
Because till you have your own experience working with us you cannot report objective information about us. And expressing opinions without proof can be perceived as slander with all the consequences.
So we find all the further discussions inappropriate till you gain experience working with us.
To accept our proposal and receive our investment ($1000) please contact us via e-mail.
Martinghoul
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Right, I am not sure how to address you, but let me use Mr Profit Forex.
Firstly, I have absolutely no idea why you feel the need to bring scripture into this? What if I happen to be a practicing Jainist?
Secondly, what does opening a new company have to do with anything? Sure, I haven't opened, but neither am I telling other people that I will be able to offer them any services. Given that you're making categorical statements about your ability to transact for/with people, the burden of proof is on you. As to whether your shop is a scam, when did I ever state anything of the sort? I asked you specific questions about the jurisdiction in which you operate. You're don't respond to my extremely specific questions and instead discuss various irrelevant matters, like your costs and reputation. That doesn't inspire confidence in your business. If you want me (and others here, I daresay) to take you seriously, pls see my questions above. I will eagerly await your response.
Now let's talk about me testing your work, experiencing working with you, learning more about your company, making suggestions. I will do it, but my time and effort aren't free. Make me a decent offer and I'll consider it. Decent means a stop of, let's say, no less than $500k (don't care about margin, as long as it's sensible).
Firstly, I have absolutely no idea why you feel the need to bring scripture into this? What if I happen to be a practicing Jainist?
Secondly, what does opening a new company have to do with anything? Sure, I haven't opened, but neither am I telling other people that I will be able to offer them any services. Given that you're making categorical statements about your ability to transact for/with people, the burden of proof is on you. As to whether your shop is a scam, when did I ever state anything of the sort? I asked you specific questions about the jurisdiction in which you operate. You're don't respond to my extremely specific questions and instead discuss various irrelevant matters, like your costs and reputation. That doesn't inspire confidence in your business. If you want me (and others here, I daresay) to take you seriously, pls see my questions above. I will eagerly await your response.
Now let's talk about me testing your work, experiencing working with you, learning more about your company, making suggestions. I will do it, but my time and effort aren't free. Make me a decent offer and I'll consider it. Decent means a stop of, let's say, no less than $500k (don't care about margin, as long as it's sensible).
