Quote from vertifx:
With all the respect to Elite Trader forum, we would like to reply to some of the posts that came to our attention. Regarding the location of the company the main office is located in 556 Main Street, Charlestown, Nevis.
Vertifx is not an IB or a White Label of another broker, Vertifx is independent brokerage offering individual traders, money managers and institutional clients with state-of-the-art trading platform, financial market analyses, expert advisor development and educational materials to trade spot foreign currency markets online. The company is fully licensed in Nevis to transact and provide online Forex trading services worldwide. Currently, our license with FSA(UK) is in pending status, and hopefully by the next quarter our company will be FSA regulated as well.
There was a very inappropriate and despicable post regarding one of our contributors Dr. Kevin Kachaturian calling him as an owner of Vertifx and running a scam shop. Dr. Kachaturian is not an owner of Vertifx, he is one of our companiesâ contributors, he has exhibited vast array of knowledge on many different topics in economics, banking and financial instruments, currency market reviews etc. It is a true honor for Vertifx to have such contributor in our team and no one without proper knowledge should disgrace his name.
Gary Taylor,
VertiFX
(IMO anything +2 pips is a no-go, especially if you work shorter timeframes).