I joined a group through their gang members. They organized a CITIC competition and held training classes, directing us to buy and sell in the group solely to earn high commission fees and slippage. The commission fee per lot was as high as fifty US dollars, with spreads of sixty to seventy points. They called for trades every day, resulting in daily stop-losses, and within less than two weeks, I had lost a significant amount of money. Just from commission fees alone, I paid $5,700, not including the spread, which means each lot I bought was already at a 12-point loss from the start. I suspect GFS is in collusion with them. Many people in the group suffered heavy losses or even had their accounts liquidated. I even doubt that my trades were actually placed in the market; it seems they set us up to lose money. From an initial 100,000 RMB, I'm left with only 10,000 RMB after following their trading calls, which mostly resulted in us being stopped out.