ED Magedson – Founder
Boston Technologies Inc.280 Summer Street, 9th Floor Boston, Massachusetts USA
Boston Technologies Inc. scam Boston Technologies rip-off Boston Massachusetts
I tested the Boston technology bridge on demo , and was dissapointed with the results.It gave me no confidence to use it on live accounts. Some brokers have bad blood and they like to rip off their customers illegaly. Boston Technologies is a US Company lead by Mr. George Popescu and Kevin Millien. This company is acting as Broker-Dealer/Marketplace without license and any kind of funds reserve. When you are profit... they just steal your money. Bridge fails all the time, and they don't have insurance and money to pay you back.
While it is true that acting as a technology provider to the FX (OTC) space does not require NFA membership or CFTC registration, it is hardly the basis on which Boston Technologies (BT) operates.
At face value, BT offers technology solutions to the retail FX market. However while this may hold true for many of their institutional clients, it is not so for much of their smaller clients.
I don't think people realise what these crooked brokers are doing to their accounts.Just robbing them.
This report was posted on Ripoff Report on 06/18/2013 10:46 AM and is a permanent record located here: http://www.ripoffreport.com/reports/boston-technologies-inc/boston-massachusetts/boston-technologies-inc-scam-boston-technologies-rip-off-boston-massachusetts-1060025. 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.
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