In FOREX Market: Scalping is ethical or unethical. www.gcitrading.com sucks for sure.?
I can tell you the following;This broker is "up there" with high spreads.This broker appears to have a "dealing desk"... Which means they lose money on news trades, scalping and other short term transactions.They appear to have a policy of "no scalping" (many do). What doesn't seem right is the fact that your loses are "OK", but not your winnings.This is a very highly "unregulated" industry. But they do fear "regulation". I would put together my case & speak to a manager....... You must tell them in no uncertain terms that this action is unacceptable & not consitant. It appears that those that scream the most get their money back (it is possible)....................There are no good FX brokers. Only ones less bad than others.I prefer a non-dealing desk broker. But they too can be very dangerous.This is one of the hardest industries to work with. 90% of the people that try FX lose all the money in their accounts.Know what you're doing before you learn more "surprise" lessons..............
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