As an added review here-How a business conducts itself is important. This review is a review of the response to my 1st review of Afterprime. Very important here - this is not personal for me or an attack on them.Most of what is in their response is a far cry from what happened. I wanted to see how rigid they are, how innovative and insightful they are towards themselves, their business, the industry and people. On their site they say it's for professionals however, professionals don't actively trade CFDs for mere profit. So they will only attract gamblers.Many already knows this. The clue is in the title of industry -----> RETAIL CFD industry. So it's geared towards the ignorant or desperate. In my experience professionals are required to follow risk not gains or profit gearing. They know CFDs are far too risky to trade as a standalone versus the return you seek, in the conditions that a person is expected to maintain, yet somehow retain their capital in the long run. Re: ChatGPT. In psychology there's a term - manipulation. It can be used in 3 ways = positive, negative and neutral/objective. Someone with a little common sense knows how silly ChatGPT is. It's often used in the way they have used it: to distort the real motivation and situation. Since they have done this, it again shows that the testing was correct and the results are accurate. The use of such things as ChatGPT in this way only aims to mislead the public.The world over, people are having problems with the retail CFD industry. Between the brokers, the governments and regulators and tax departments, the public needs to use common sense, not listen to marketing or listen to the views of brokers. "Baby steps" by changing small money flows won't change anything. Conclusion: Afterprime is not capable of being anything other than what it is - a RETAIL CFD broker who is governed by (and stuck in) an industry that has muddied the waters of investment and capital appreciation. The fact that this industry is allowed to operate at all, in the retail arena, with the knowledge and assistance of governments, regulators and tax departments should be a very serious warning signal for the general public. Any person who is interested in retail cfd trading needs to obtain a copy of the broker's client agreement then take it to your solicitor/lawyer and have them read it to you and explain exactly what it all means AND how all of it translates into real life. This is partly why the reported losses are so high in the retail cfd industry; it's unnatural to try and trade something that is designed to be accompanied by other assets or classes of assets in the financial equation and process of its use.
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Lowest Costs. Best Execution. That's the Afterprime vision. We have created an unparalleled trading environment focused on giving traders the best environment to win. With cost savings 2x-5x competitors on FX & Metals our traders keep more money in their back pocket - because every pip counts!
