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The customer service is an absolute joke. They said “Maybe this day trading opportunity is not for you, or maybe skirting the PDT rule is not for you.”. When you exit a contract, they equally charge $3.95. $60 withdrawal fee, which they said : "we have to pay this to the bank". ?, They NEVER wrote anything to give me a heads up that there's a problem with the form. Before we could send any money (obviously we were not going to send), we asked the hard question. Exchange fees for clearing and trading CME Group products vary according to whether the customer has membership or incentive program participant status for the respective CME, CBOT or NYMEX/COMEX Exchange. We feel that there is a dirty game being played right under the nose of authorities. They claim that every customer is covered up to the tune of $250,000 of SIPC insurance. I emailed them yesterday, they have not responded till now Monday at 10:30am. Crypto Investing Service (up to 19% monthly return), Onyx Scalper (Profitable Forex indicator… can make you a lot of pips! In terms of percentage figures, this broker is 800% more expensive than stock brokers such as Schwab, TradeZero or Interactive Brokers. They said, oops, No Swift code for the withdrawal, I told them the Swift code, even though I asked them to do a wire, which is cheaper. We feel quite uncomfortable perusing any investment relationship with this stock broker. But CMEG as a brokerage is an absolute failure on the part of services. You need the $25k to start with Lightspeed or you will start off at a huge disadvantage. We are actually expecting a new wave of shutdowns because currently, the SEC is investigating Guy Gentile of F1 Trade in Miami and were recently involved in the closing down of Sure Trader. Thanks for reading our Capital Markets Elite Group review. Our CMEG review seeks to know and shame the owner of this company for openly breaking the law. $2.95 for orders of up to 1000 shares and $0.005 for trades of 1001 shares and over – Required monthly volume 350,001 - 1,000,000 shares. If you’re based in the US and are trading or intend to trade CFDs, you’re potentially setting yourself up to felony charges. And more specifically, stock brokers like Capital Markets Elite Group and others who offer an opportunity to flaunt the PDF rule are usually the target of these US regulatory organizations. For instance, when you enter a trade, they charge $3.95. So far am quite disappointed. Literally speaking, this means that CMEG does not want US-based investors to adhere to the PDT rule. This is the truth: The SEC and the CFTC are US regulators who loath off-shore brokerages that continue to hustle US investors when they are obviously unregulated.

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