Hey forexcalgary, to easy your doubts (at least a little) I live in Edmonton “previously known as city of champions” lol. And have had an account with FXTM for about 3 weeks. I did go right for the real account with 100 USD deposit. I have have not had any issues so far, even with withdrawals.
What they say about needing to be an accredited investor is true, however, it is not illegal for you to trade. The company, in this case FXTM is at fault by not following the dumb Alberta regulations about not letting your common folk invest in FOREX. I got this information straight from calling Alberta securities commission. Mind you, the withdrawal I made was simply a test of taking out about 23 USD via the same credit card I used to make the deposits. I was slowly starting to freak out as I had deposited about 1000$ to date and was worried about loosing it forever after reading a whole bunch of reviews saying they are bullpo-op lol.
This being said, I don’t know about withdrawals of profit yet, as this is the first attempt I made to withdraw. My current plan is to wait it out before depositing more and let my money “grow” so to speak before I attempt to withdraw a bigger amount. All in all, it took under 48hrs before the withdrawal was done on FXTM, but took an extra 4 business days before it showed up as a credit on my mastercard.
Hope this helps, as mentioned, I do still live in Edmonton and if need be can send you proof of successful withdrawal.