I am shocked to get the phone right now with one of the most rude agents named Eddie who is my fund manager from cm trading. Who basically told me that clients who are investing less than $ 10000 in their accounts are basically wasting their time and hence they get charged higher taxes and their spread is great because what is the point of them giving good service and spending hours on the phone with a client with an account balance of $ 1000 that will not even half the balance in a month. But they would rather give smaller spreads and less taxes to their premium clients who have over $ 10000 invested in their accounts as they would easily do twice as much within weeks.
I asked why they divide clients and give bigger taxes and high spreads to clients with less money but you say you want them to grow ?? With swap fees that are ridiculous like that? We are all investing our hard earned money whether its $ 50 or $ 1000000. I am withdrawing my money now!
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23-06-2020, 10:57 AM #1
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How will small accounts grow with bigger taxes and high spread manipulation
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09-07-2020, 04:58 AM #2
that's why the selection of brokers should be able to be considered properly, this is needed and needed so that traders can become better and be more maximal in generating profits in accordance with expectations with Tickmill.
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23-01-2021, 01:00 AM #3
I am sorry you faced this situation. I am not a pro in these cases, but If I pay tax I use another platform. Moreover, I am satisfied with the service, so I have no need to change it. It is so awful when agents are being rude and behave so arrogant. And you are right, $50 or $1000000, it's all money, and the company should be thankful people actually invest even these $50. Especially now when there are hard times in the world and some people have lost their jobs. It is a hard time for economy too, so workers should be more loyal and understanding.
Source:https://taxfyle.com/
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24-01-2021, 07:00 PM #4
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It is difficult to survive in the market for the new traders. They always be in fear of losses. If they face losses, they quit the market. As a new trader, he should know that loss is the common factor of forex trading. If a new trader can get proper education about forex, he will never leave the market.
Because he knows that if he tries well he can easily recover from that losses. A broker can help a new trader to recover and reduce the losses. I am always trading with TP Global FX because of their support and easy trading technic which can help me to reduce my losses and make profit.
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22-04-2022, 04:19 AM #5
The selection of the existing broker must be able to be considered carefully, this is done so that traders can become better and can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.
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