Broco: Lessons and Mistakes of Broken Forex Broker

As reported by Market Leader (US)

n July 25, 2012 broker company Broco informed its traders about the end of its broker activity in Russia and CIS countries. It has been officially stated by the Director General Valery Maltsev at the company’s forum.

Masterforex-V Academy, the best Forex studying project in Europe in 2012, kept warning about this three years in a row, starting with the article “Broco Refuses to Return Profit to Masterforex-V Academy Trader”. It is high time to sum up the results and make conclusions for forex traders...

So, why has Broco gone out of business, what are the lessons and mistakes of once popular and well-known, but currently broke-down forex broker? Read more...