upamfva
Full Member
Posts: 447
Status: Offline
Joined:
pm
| | BluFx Review – Is It Really Scam Funded Company (8th Apr 22 at 1:56am UTC) |   | BluFx Review – Is It Really Scam Funded Company
It is a support trading firm. It means their business model involves funding traders at a fee.Blu FX claims that they are providing the traders with zero liability. No hiding cost at all. I doubt if this is the case.To get more news about fxprimus, you can visit wikifx.com official website.
They also claim Blu FX is the first original and pricing model trading platform. They were allowing the best traders to rise to the top in the Forex marketplace.On the other side, we see that BluFX is trying to strike a healthy balance between a Forex broker’s operations. A traditional proprietary business firm.
At some point, it will need a license because they are offering a fully established business platform like any other broker out there.Their website is professionally designed, but at the same time, their brokerage operations are never straightforward at first sight.
Yu Song is claimed that he has been backing the traders and coming up with a business platform. It minimizes costs; simultaneously, maximizing access to the actual business is the energy behind BluFX Ltd.
Read the companies terms and conditions, and I won’t see any truth in the above statement. TheirThey’re About us page discloses that their CEO is Yu Song.These are the other several statements in their terms and conditions. It restricts the traders from having freedom. They will enjoy it if they opt for a usual MT4 broker.
The method of operation is also interesting, since their website stating that there are no expensive Training Costs, Complicated Exams, or Trials.Is it that easy to make a money business in the Forex market? The answer is Yes and No.
It is a Yes. Suppose one is trains and has enough experience to trade the market without suffering a significant drawdown.
On the other side, most traders of 95% lose all their money to trading. Because they are constantly falling into the traps of companies, it will claim the people. Those can make money trading the Forex market even with no experience.
We see the same pattern on the Blu FX website. The fact that they are opening their doors to incompetence means they are setting them up for losses.
It will claim that no Exams, Trials, or Hidden Costs are involved.It automatically works against the financially highly developed. Those may believe that the simple act of paying the amount of €99 monthly will mean the profits are the guarantee.
They even claim that no deposits are needed. That is why a subscription to one of their packages will cost £249.The subscription is paid out of the trader’s pockets. Until the payment is made, traders cannot use the specified fund accounts.
If they are seriously looking for potentially good business to share the profits, the service should cost nothing. That is how we know whether a prop trading firm is legal or not regarding recruiting the traders.
| |
|
:: 
:: 
:: 
:: 
