I was scammed GlobalFx Option
I invested $10,000 to start with, then after a couple of weeks I topped that up to $29,000. My “advisor” seems to be placing the trades on his behalf as I am totally new to trading. They said I can withdraw cash whenever I likes. But apparently until now the cash that I withdraw did not reach to my account.
Severe slippage
The existence of severe slippage and tens-times expanded spread caused my losses. I am suspicious whether it is a legit MT4.
Be alert to those so-called NFA regulated brokers.
None of the NFA regulated legit brokers is running in China! Don’t believe those scammers.