I was under the impression that C2 was backed with a CTA license, but since I cannot verify that, perhaps I’m mistaken. But none the less, Collective2 is knowledgeable about trading, after all that is their business.
thanks for sharing… this is very important. I give a lot of importance to the systems that are TOS and connected to a real account.
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Fully agree, C2 is losing a lot of credibility. And you always pay a price in life…
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(1) The #3 solution is much simpler by asking for CC info, including name and address. It is possible to maintain two identities as far as CC is concerned but it is not easy and not too many scam artists will take the time and effort to do it. And this requires very little effort on C2’s part. I would rate this “easy” (and not “moderate”) solution.
(2) I agree with you that from business perspective it is not in C2’s interest to do this. But I am absolutely disgusted. They just don’t give a damn about scam artists using their platform and robbing their customers as long as they get a cut. Disgusting. Not the first.
[They do care about negative comments on the forum – I am curious how fast this comment will disappear from here.]
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