Who wants to be a Forex Millionaire

Thursday, 12/01/2012 | 07:14 GMT by Adil Siddiqui
  • Trading Point, a Cyprus based broker claims they have paid out $1 million to a client who deposited $25,000 a couple of months earlier. It is apparent that trader Chris Wheeler an experienced trader started trading with the broker with twenty-five thousand dollars in July 2011, and made request for a withdrawal of one million US dollars in September.
Who wants to be a Forex Millionaire

Trading Point, a Cyprus based broker claims they have paid out $1 million to a client who deposited $25,000 a couple of months earlier.

It is apparent that trader Chris Wheeler an experienced trader started trading with the broker with twenty-five thousand dollars in July 2011, and made request for a withdrawal of one million US dollars in September.

The truth to this story can not be verified, the news report could be a PR stunt by the broker.

On the other hand the summer months saw strong Volatility and markets made dramatic moves. Gold kept edging to new highs, S&P shifted 17%. Brokers experienced strong volumes due to the heightened volatility.

The question is can an account size of $25,000 make $1 million in 2 months?

Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.

Trading Point, a Cyprus based broker claims they have paid out $1 million to a client who deposited $25,000 a couple of months earlier.

It is apparent that trader Chris Wheeler an experienced trader started trading with the broker with twenty-five thousand dollars in July 2011, and made request for a withdrawal of one million US dollars in September.

The truth to this story can not be verified, the news report could be a PR stunt by the broker.

On the other hand the summer months saw strong Volatility and markets made dramatic moves. Gold kept edging to new highs, S&P shifted 17%. Brokers experienced strong volumes due to the heightened volatility.

The question is can an account size of $25,000 make $1 million in 2 months?

Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.
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traders
About the Author: Adil Siddiqui
Adil Siddiqui
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