I think this particular contractor is no good (T_T). This company is the cancer of the entire FX industry!

In the FX industry, I think this company is the one that you should not use,

I will introduce the No.1 personal crappy FX company.

Its name is Money Square Japan (Money Square・M2J).

What’s terrible is that the spread is exorbitantly wide, and nowadays they even charge trading fees, plus the swap points are unusable—a triple punishment for customers. …But perhaps because they drain customers in various ways, their business performance was quite good, you know...

※ I haven’t checked recent M2J, so I don’t know the current state (...but surely they haven’t improved)

But at this level,“Then you don’t have to use it, right? Overseas scam operators are far worse”

they would say.

So why is M2J so bad? Because since long ago, they claimed a thing that is a normal way everyone uses as “an innovative order method created by our company!” and filed for patents

Moreover, a stupid judge said, “OKThis is amazing, so we’ll grant the patent—prevent others from using it”

And they answered to that claim

By the way, the court that granted the patent was for a mere repetition of ifdone orders

For example, buy AUD/JPY at 87 and sell at 88—that is an If Done order.
And if you expect a range, you would enter orders to take profit at 88 and then buy at 87 again and sell at 88, right?

ifdone orders repeated, not by manual input but automated　
“This is the divine system my company invented—Repeat If Done”
they cry out...

No, yelling is fine, you just ignore them…

But to pretend such an old, worn-out order method was created by them, and to file patents, and to have that patent recognized by a sham of a judiciary…

Thanks to M2J’s rudeness being approved, trailing stop EA systems that had been in common use and freely available for MT4 were wiped out…

‘Money Square Japan sues other companies for finding loopholes’

Because of this cancer in the industry, other FX companies were forced to modify their trailing orders and change their names to help each other stay afloat.

Yet still unsatisfied, M2J continued to sue other companies like NHK and JASRAC for rights claims, but finally M2J lost their case.

Source here

Although I am not a fan of Out Foreign Exchange Online,I wholeheartedly support a company that fights against the sort of people who patent a method created by ancient sages as “our groundbreaking method” and sue other companies.

Go for it, Gaitai Online

Shamelessly M2J has appealed, and strictly speaking M2J’s patent is still valid, but as a precedent, on February 10, 2017, in the Tokyo District Court, Mone Square HD was defeated, which I think is significant.

Again, go Gaitai Online, do not lose Gaitai Online

And in the future, please allow Trailing Similar EA to circulate again