I'm glad LiteForex finally gets a SCAM finding. I think all InstaForex-like companies should be automatically labeled as scam. I am a news trader and I was recently trading with InstaForex and some of my profits were wiped and I was given a reason very similar to the clause at LiteForex about...
I have an account at ActivTrades, and I personally have not experienced what happened to you. I do use bounds, however it seems in this case bounds would not matter as it took 1 min to execute you and they gave you the price you clicked. The issue here is that it took too long and the price...
This has been moved to the open cases forum and will soon go up for voting - https://www.forexpeacearmy.com/forex-forum/open-cases/26726-case-2013-098-tradetowin-vs-www-avatrade-com.html
Good point, I'd sure love to see someone go to Ava asking them to adjust their entries based on a bloomberg feed, which will result in a larger profit for the trader. Somehow I have a feeling that this will most likely be ignored or a link to their T&C will be given and Ava would say that their...
The reality of this is that Ava is a market maker. As such any profits they are able to "steal" from me and others like me will go to Ava's owners pockets. What reasoning they come up with to cancel profits is irrelevant when no matter what strategy the trader uses, Ava takes the opposite of the...
Still no willingness on Ava's side to provide any clear evidence supporting their claim that I "manipulated" their system. Brokers need to understand that it's not OK to nullify profits a month after they were made. A broker still employing such practices is simply a bucket shop.
I'd only go the lawyer route once I go through the regulators first. If that does not prove successful the next step is the lawyer. But you'd have to share whatever funds you are able to recover with the lawyer(70/30 perhaps?) or pay money upfront with no guarantees of recovery.
I've placed the AvaTrades side by side with the ActivTrades trades in an image so it could be seen that trades were taken at the same time and executed at ActivTrades. Simply showing a feed does not mean that the trade would be executed so showing the actual executed trades is the best proof...
Here's my ActivTrades account at MyFxBook, Tsa ActivTrades System | Myfxbook
The trades that are the same as the Ava trades under dispute are on page 9,10,11
I don't think inviting other brokers is a good idea. That particular trade was only taken on Ava and ActivTrades, and I already posted the screenshot. As a matter of fact I know that ActivTrades never cancels profits, as I have been trading with them much longer than with Ava, and I've never had...
I did put up a screenshot of my ActivTrades account in one of my first posts(post#13) showing the same trades were taken there. https://www.forexpeacearmy.com/forex-forum/attachment.php?attachmentid=10585&d=1375894083. At the time I didn't reveal it was ActivTrades but I am now revealing it. I...
Paul Williams has posted in my other thread. He is showing some screenshots from a bloomberg terminal showing my entries were supposedly 10-15 pips outside the "market". Suppose this is true then why cancel the whole profit and not adjust my entries as an honest operation would do. I have made...
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