"I Will Crush Elite Trader"-- Tim Sykes

I visited investimonials.com, and right on the home page there's a large area devoted to "Highest Rated Financial Products". The default is stock brokers, and the highest rated is American Century Investments. Clicking on that link brings you to a page that shows it has an overall rating of 10/10 based on.... 1 review. And that one review is from filife.com, which when you click on the link says that the review is from "about a year ago".

All review sites are going to suffer from a chicken and egg problem, but they should really wait until a certain number of reviews - more than one - about each company that are fairly fresh are written before adding that company to any sort of ranking.

[I have no relation to American Century Investments and am not employed by any similar business.]
 
Quote from dcvtss:

So the top rated broker is "LoyalForex", a little digging on them reveals they are registered to:
Registrant:
Domains by Proxy, Inc.

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: LOYALFOREX.COM

and investimonials is registered to:
Registrant:
Timothy Sykes

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: INVESTIMONIALS.COM

Also through GoDaddy, but no domains by proxy. LoyalForex has two 10 score reviews by 'Admin', what a coincidence that it comes up first in the rankings. Who wants to bet that LoyalForex is Timmy's new brokerage venture? Also Timmy cramming as much Web 2.0 bullshit into your site does not automatically make it good. What a fucking joke.
More...


and the lesson is:

http://loyalforex.com: "Loyal Forex IB partner of Prime 4x Brokerage Suite 401, Fourth Floor,
MEGARO Stavrakis Building,Griva Digeni 13, 6010 Larnaca,Cyprus."

"This short statement simply announces to all unregulated companies which are operated
from Cyprus – having headquarters in Cyprus, accepting correspondence and money in
Cyprus and providing forex services to the internet community, (The short list of these
companies is – Prime 4x . . . ) to simply disappear."
. . .
"This means that nobody will be able to work with these companies, neither Cypriot
employee, banks or money transferring organizations; it does not take a genius to
understand that if anyone is carrying deposits with these companies will simply not be
able to withdraw them and is in very high risk in losing his or her funds forever. This means
that these companies become a criminal business."
http://www.elitetrader.com/vb/showthread.php?threadid=184795

i think EliteTrader is ahead on this one ;)
 
It didn't work with Nikita...


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