I'm inclined to agree that a lot of people try and scam you in this business. Trading platforms and IBs can easily trade against you and it's something you have to research before you set up an account with them. I think the real talent in this business is finding those IBs that don't. I've been lucky enough to find one, and I'm willing to shamelessly plug them because I believe that they really do do a great job.
I've been working with RC Jones Capital Markets (
Welcome to RC Jones Capital Markets) for a while, and I can honestly say that there's no scam involved. They have over 25 years of trading experience and combine technical and fundamental analysis before they take a position. They also have this great newsletter sent out every night offering their recommendation for exit and entry points. You can have them trade for you, or you can have them teach you how to trade, which I think is the real opportunity here. Everyone has to pay their dues when starting trading, but the due is considerably lower when you have someone there guiding you. Their openness on why they traded what they did leaves little room for scamming, but feel free to check them out yourself if you don't believe me.
They can be directly contacted at
rcumming@rcjcm.com or 415-694-1989.
Shameless plug over.