Original FPA Traders Court Submission:
I am submitting the case against: www.binarymatrixpro.com
My Case is: This site is totally fradulent:
The published win rate is 80%. The measured win rate is 45-50%.
The social reporting is fraudulent. Proven losing trades are reported as wining trades.
The alleged proofing site used is fraudulent and almost certainly ficticious.
I started a thread in the commercila zobe forum and found many others had experienced the same problems or worse.
New thread in the Scam Alerts Folder:
Review is submitted by Szendro on 03/19/14
The company was first contacted about the issue on 03/12/14 the last contact was on 03/13/14
Details: Company does not reply to request for explanations why social reporting is erroneous nor why results are much worse than publicised. Same comments from other contributors to the thread.
I traded on a demo account which does not permit a statement to be saved but I made screen copies of one session of over 2 hours which shows the win rate to be 39%!
Because this company is till advertising at the moment and using many affilates, please could you escalate the case asap to help others.
Company representatives' emails: Support<support@binarymatrixpro.com>
I am submitting the case against: www.binarymatrixpro.com
My Case is: This site is totally fradulent:
The published win rate is 80%. The measured win rate is 45-50%.
The social reporting is fraudulent. Proven losing trades are reported as wining trades.
The alleged proofing site used is fraudulent and almost certainly ficticious.
I started a thread in the commercila zobe forum and found many others had experienced the same problems or worse.
New thread in the Scam Alerts Folder:
Review is submitted by Szendro on 03/19/14
The company was first contacted about the issue on 03/12/14 the last contact was on 03/13/14
Details: Company does not reply to request for explanations why social reporting is erroneous nor why results are much worse than publicised. Same comments from other contributors to the thread.
I traded on a demo account which does not permit a statement to be saved but I made screen copies of one session of over 2 hours which shows the win rate to be 39%!
Because this company is till advertising at the moment and using many affilates, please could you escalate the case asap to help others.
Company representatives' emails: Support<support@binarymatrixpro.com>