FXGM ZA - Be CAREFUL!

My Request to FXGM ZA: Please close my account with immediate effect.

Please see the three attachments and tell yourself in the mirror what the difference is.

I was told the following:

1. You can trade anything on the platform. 2. You can leave a position open overnight. 3. Pick a pair of currencies or any commodity; open the Trading Insider; Decide on whether to "follow the trend"; open the trade. 4. Ensure the P& L is NOT in the RED; it MUST be GREEN to make a profit and lose the position.

Simple as that!!

Suddenly, an open position means exposing my entire deposit!? Wow, for a lousy $200? You claim the following: FXGM ZA is a South African online Forex broker operating as a juristic representative of Unum Capital (Pty) Limited with headquarters in Pretoria." Is this true? Are you really Financial Sector Conduct Authority (FSCA) FSA regulated?