That “Scammed by Turnkey Forex!” thread strikes me odd on several counts.
For one the guy acts under the assumption that he holds all the cards with an unregulated broker. He does not. He simply is allowed to trade with them outside current US restrictions. Being unregulated also means the broker can make up their own rules. Acting entitled isn’t going to help his case either.
I also know some brokers don’t like people portraying as retail when they are running complex algos as a business. That’s why some brokers ask that question upon sign up. There’s also plenty of brokerages that will shut down pattern traders, etc if they sense something is afoul. Even in a regulated brokerage.
The golden rule dealing with these offshore outfits is to never have all your egg’s in one basket, and only hold enough on any brokerage that you’re willing to part with.
If i had 250k+ account to trade with, then I would most likely go straight to to a futures brokerage in the states.