FPFX terminates license of prop trading firm Funded Engineer over alleged fraud scheme
According to FPFX, Funded Engineer created fake trading accounts, bypassed AML/KYC safeguards, and engaged in wash trading.
According to FPFX, Funded Engineer created fake trading accounts, bypassed AML/KYC safeguards, and engaged in wash trading.
CFTC alleges that My Forex Funds minimizes the likelihood that customers trade profitably, by using pretexts to terminate customer accounts.