"Effective" Easy Forex IB - 7 pips markup anyone?

by Michael Greenberg
"Effective" Easy Forex IB - 7 pips markup anyone?

Have you ever heard about Buzz Technologies? No? Me neither. And below is one of the reasons why.

Buzz Technologies (OTC:BZTG) is a public company floated on OTC with market cap of $1.13m (yes, that much) and according to its website: Buzz Technologies, Inc. provides a portal, featuring a Web, news and video search.

One of its businesses is being an IB for Easy Forex . So when it launched a new offering giving out a $100 bonus for any deposit over $500 I clicked the banner.

Below, circled in red, is the biggest markup in the IBs history or the most ineffective Marketing screenshot of all times, at least in Forex times...

Now, I've heard about aggressive markup, but this... Easy Forex itself offers variable spreads of around 3 pips on major, at least that's what the website states. What the spreads are like in live accounts I don't know.

Have you ever heard about Buzz Technologies? No? Me neither. And below is one of the reasons why.

Buzz Technologies (OTC:BZTG) is a public company floated on OTC with market cap of $1.13m (yes, that much) and according to its website: Buzz Technologies, Inc. provides a portal, featuring a Web, news and video search.

One of its businesses is being an IB for Easy Forex . So when it launched a new offering giving out a $100 bonus for any deposit over $500 I clicked the banner.

Below, circled in red, is the biggest markup in the IBs history or the most ineffective Marketing screenshot of all times, at least in Forex times...

Now, I've heard about aggressive markup, but this... Easy Forex itself offers variable spreads of around 3 pips on major, at least that's what the website states. What the spreads are like in live accounts I don't know.

About the Author: Michael Greenberg
Michael Greenberg
  • 1439 Articles
  • 56 Followers
About the Author: Michael Greenberg
  • 1439 Articles
  • 56 Followers

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