• Report: #1060675

Complaint Review: Boston Technologies Inc.

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Thu, June 20, 2013
  • Updated: Thu, June 20, 2013

  • Reported By: IBIBIBIBIBIBIB — New York New York
Boston Technologies Inc.
280 Summer Street, 9th Floor Boston, Massachusetts USA

Boston Technologies Inc. scam Boston Technologies rip-off Boston Massachusetts

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

We must prevent them to stop the illegal practices within the unregulated foreign exchange industry, or any other trading industry.

1) BT holds clients funds on deposit with both regulated and non-regulated entities.

2) BT's technology defaults to the benefit of the broker (FCM/FDM). In the absence of a broker, BT is able to deploy their technology to their own benefit. A major conflict of interest.

3) BT claims to not act as anything but a technology solution but receive income from the spread, in many cases without the clients knowledge. This is either garnered in the form of an IB fee paid by the counterparty or by BT simply marking up the trades through price manipulation.

4) BT has recently chosen to move their business offshore (Boston Trading as opposed to Technologies), or at least the trading arm of it (to Belize). They believe this will give them greater flexibility in acting as a broker without repercussions from the local regulations despite the fact that they still take client deposits in the name of the US based company.


This report was posted on Ripoff Report on 06/20/2013 09:23 AM and is a permanent record located here: http://www.ripoffreport.com/r/Boston-Technologies-Inc/Boston-Massachusetts/Boston-Technologies-Inc-scam-Boston-Technologies-rip-off-Boston-Massachusetts-1060675. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Boston Technologies Inc.

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory