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Have you ever been scammed?
Last Post 10 May 2009 09:51 PM by allangenex. 10 Replies.
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THEGURU
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THEGURU
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27 Nov 2007 09:54 AM  

Have you ever been scammed? I know I have. Brokers that won’t pay up, Prices that only move against you, Signals services that take your money and give bunk signals. If you ever had this happen you know how it makes you feel cheated!  Please help us keep other from going through the same mess by posting it here.

rkfx
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rkfx
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07 Aug 2008 03:53 AM  
Scamster using names like GBFX, GB, Thomas Fletcher raids other trading rooms in Paltalk and has a sophisticated scheme to cause loss to unsuspecting newbies. Trades Futures ,mostly but also Forex. Others had warned me about him but when you are excited about prospect of great gains you hardly listen to anyone! Be Warned! Sells Signals through using screen sharing software for a heavy monthly price. Claims to have gained $2-3m but account report he shares with people is only a demo account back test on tradestation report. He is very clever and does not get caught and uses all the right buzzwords and disclaimers.
Keybo
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Keybo
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27 Mar 2009 06:38 PM  
Keep up with the latest scams here. http://www.forexpeacearmy.com/ A good place to frequent.
Arvi
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Arvi
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30 Mar 2009 05:11 AM  
Yes, when you are able to make profit, there are re-quotes, re-quotes and more re-quotes, and it is always to your disadvantage. The execution entry and exit takes a long time to fill.

The broker mentioned is ITRADEFX.

MJ
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MJ
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30 Mar 2009 11:41 AM  
Posted By Keybo on 27 Mar 2009 06:38 PM
Keep up with the latest scams here. http://www.forexpeacearmy.com/ A good place to frequent.

Keybo and everyone,
Please also post any scam / review information here on the Forexrazor site under the "Reviews" tab.
mj
Keybo
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Keybo
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30 Mar 2009 08:03 PM  
Thanks for the advice mj.I'll be sure to do that.
piyush08
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piyush08
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21 Apr 2009 01:11 AM  
Yes forexpeacearmy is really good.. personally i dont trade live accounts as of yet.. so no cause of scamming ...
i trade demo with fxcm.. and now with itradefx.. which is really shit.. fxcm was good.. their charting software though
wasnt all that great i discover now... but i guess they are geniune and good broker.. only one having a large presence
and doing a lot of marketing.. even in India where i am from.. they do a lot of focussed web marketing..
farizu
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farizu
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21 Apr 2009 11:33 AM  
Posted By piyush08 on 21 Apr 2009 01:11 AM
Yes forexpeacearmy is really good.. personally i dont trade live accounts as of yet.. so no cause of scamming ...
i trade demo with fxcm.. and now with itradefx.. which is really shit.. fxcm was good.. their charting software though
wasnt all that great i discover now... but i guess they are geniune and good broker.. only one having a large presence
and doing a lot of marketing.. even in India where i am from.. they do a lot of focussed web marketing..

Piyush, if you have never traded live, let me tell you the first experience of going live will be nothing like you have done before, other than perhaps bunjee jumping off a cliff

From your posts, it sounds like you have a good grasp of the charting side of calling trades, so what are you waiting for?
piyush08
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piyush08
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22 Apr 2009 06:07 AM  
hehe.. yes.. actually indians couldn't trade in fx spot abroad..
well atleast thats what i thought till some time back.. im in the process of getting an account opened..
takes some time you know... but i wont be able to trade it as it is.. im joining a prop trading firm to
work as a derivatives traders in a couple of months time.. so then i will be trading live.. fx commodities &
equities.. il prefer fx over others.. lets see.. hopefully wid good money mngt (enforced by co.) I should make
money....
michaelfx
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michaelfx
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08 May 2009 04:37 AM  
i go scammed by a broker in cyprus, i think liteforex
TRADE WITHOUT LIMITS
https://www.exness.com/a/13141
http://www.acextra.com
allangenex
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allangenex
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10 May 2009 09:51 PM  
Posted By piyush08 on 22 Apr 2009 06:07 AM
hehe.. yes.. actually indians couldn't trade in fx spot abroad..
well atleast thats what i thought till some time back.. im in the process of getting an account opened..
takes some time you know... but i wont be able to trade it as it is.. im joining a prop trading firm to
work as a derivatives traders in a couple of months time.. so then i will be trading live.. fx commodities &
equities.. il prefer fx over others.. lets see.. hopefully wid good money mngt (enforced by co.) I should make
money....

You mean that you haven't trade live FX before and had been trading demo all these while?
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