Do you know the country of their registration? Four years ago I was in a very similar situation myself. The scammer was registered in one of these off-shore zones and of course they were not regulated by any US, European, Asian or Australian regulatory body. However there was a small local...
Fighting such "businesses" might be extremely difficult. It is very possible that they decided to close their "shop" themselves and after some time they will open another one under different name. In that case our voting and FPA conclusion is just o missed shot. I do not even know what to...
If you have not done that yet, do it as EUDEX suggests. Scammers like these don't care about their reputation and Forex Peace Army Court has very little effect on them.
It is absolutely necessary to fight these scammers by all available means. I guess they know their are involved in a criminal activity but they believe they are slippery enough to escape responsibility. Unfortunately in many many cases this is exactly what happens.
There is very little trust amongst people these days but group of people like GreenFieldsCapital do their part creating the world with absolutely no trust. They understand this but they do not care. I do believe the day will come when they will need someones help and help will not come.
Isn't Forex industry the nicest industry to be involved in? 95% of traders loose money or are very close to zero. However, even if you are not better than those 95% you can still earn good money. You can do that selling EAs, you can do do that providing training and coaching, you can sell your...
This structure is not a market maker. Market makers are manipulating the market to make you loose. Structures like this are simply trading against you. It is not exactly that your profit is their loss but your losses always increase their profit. As you can see, when they make a mistake and you...
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