There are sophisticated ways to squeeze money out of you in an elegant way. But even if you aren’t aware of what your broker is doing, once he begins insulting you, well, I hope you can still get your money. Here’s a story. I’ve recently received an email from a trader that was very upset with his broker. Reading the whole conversation between the two, it seems that the broker wants to blame the trader for violating the terms and conditions. The result is that the client cannot trade and cannot withdraw the money left in his account. I do not have the tools to verify if the trader is indeed naive or if he indeed violated the terms and conditions. So I won’t publish the names of either sides. But what I can publish is parts of the conversation. The broker’s customer service doesn’t hesitate to insult the client, more than once: I really doubt we have a place for you in our family of professional traders. And it gets worse: Please, open that link in 10 browser windows, and keep reading it until you finally get the idea, YOU ARE CHARGED SWAPS.  open ten times and read a 100 times The broker found that the client didn’t send the necessary documents, closed all open positions and  liquidated  the account. The client’s deposit is now the broker’s profit. As aforementioned, I don’t have the tools to verify if the client did anything wrong. But no client deserves insults. If you are insulted by your broker, it’s time to run away. If you’re able still able to. In this case, the client was left without his money. There are still too many scammers out there. Most of them are more sophisticated than this one. Tip: Before opening an account with an unknown broker, please check out if he’s regulated. Don’t settle for the information in his site, but check out the regulator’s site. Further reading: How to chose a broker in 2011 Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Basics & IndustryForex Basics share Read Next EUR/USD Faces Price Hesitation Yohay Elam 11 years There are sophisticated ways to squeeze money out of you in an elegant way. But even if you aren't aware of what your broker is doing, once he begins insulting you, well, I hope you can still get your money. Here's a story. I've recently received an email from a trader that was very upset with his broker. Reading the whole conversation between the two, it seems that the broker wants to blame the trader for violating the terms and conditions. The result is that the client cannot trade and cannot withdraw the money left in his account. I do… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.