Hi community,
A broker contact me online and asked me whether I am interested in trading online. He will manage my account and put his knowledge to make me profit but in return I have to send me 25% of profit that he made.
He suggested me to activate 2FA. and provide him username + password of exchange (for example bitfinex). Due to 2 factor authentication (2FA) he will not be able to withdraw fund he will be able to place buy/sell orders only.
Please share guys what is your opinion, It is same to play like this? or Is there any trick of capturing fund behind this scheme?
I believe the broker who contacted you is offering PMS (portfolio management service). This kind of practice is offered by banks since ages. But when it is with banks, you know they can't run away with your money because you have regulatory authorities to help you. However, when it comes to online, I will suggest you not to believe anyone with your money. Because if something goes wrong, you will not be able to catch anyone or get back your money. So it is better to avoid brokers who offer such services online.
Hi community,
A broker contact me online and asked me whether I am interested in trading online. He will manage my account and put his knowledge to make me profit but in return I have to send me 25% of profit that he made.
He suggested me to activate 2FA. and provide him username + password of exchange (for example bitfinex). Due to 2 factor authentication (2FA) he will not be able to withdraw fund he will be able to place buy/sell orders only.
Please share guys what is your opinion, It is same to play like this? or Is there any trick of capturing fund behind this scheme?
Hallo,
If trader is the same as I think ( HedgeFX or
https://bitcointalksearch.org/topic/hedgefx-trading-investments-2572722 ) , you could go safe (only risk is bad trade) .
Obviously I speak of my experience, in which I invested only 0.1, but in the end I got some results and no one scammed me. If we think well, this kind of services are similar to an ICO, where you send money to someone in the hope that this results ... With the difference that in the ICO you do not choose anything, while in managed account from a trader, your money remain on an account of broker of your choice that you have chosen and you trust, and you could take them whenever you want.
Do you have any proof to prove your claim here? Because I can't see any credible vouches for its services in their thread and you are claiming that you have indeed invested in their service. So a proof of your claim can come handy.