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Have you been a victim of a Forex Scam?

Discussion in 'Scam Alerts' started by Administrator, Oct 25, 2007.

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Have you been scammed by anyone in FOREX before?

  1. azidin

    azidin Recruit

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    Hi all,
    I've been trading with FXCM, so far so good though. Please share if anyone has bad experience with them before. Thanks and happy trading guys.
     
  2. RedRobin06

    RedRobin06 Private

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    I have never been scammed by a forex broker but I know what it's like to loan someone money and never get it paid back. I know that's not the same as a forex broker but I find it's kind of the same thing. There is so much money to be made out there in the forex market, in fact, it's practically unlimited how much you can make. To those that are out there trying to scam the money, why aren't you making it honestly?? Do you know that stealing is a SIN??? It is, and God WILL punish you, I promise you that.

    "Thou shalt not steal." Exodus 20:15
     
  3. spak3060

    spak3060 Private

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    Hi, there

    Thank you Felix, and your partners. That's a good idea, I admire you, and your partners for your activities in this field, and other issues of forex market.
    Good luck.
    spak3060
     
  4. austxpiptrader

    austxpiptrader Recruit

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    Felix ~

    Thank you... with you forex will be a better place. Count me as a member of your team.
     
  5. ezeney

    ezeney Recruit

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    Thanks

    That's a great idea, Felix. By the way, does anyone use FXDD or FOREX? How do you rate them? Are they honest?
     
  6. clnlsandrs

    clnlsandrs Recruit

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    I'm so busy scamming myself that there is never anything left for the professionals to scam out of me!!!
     
  7. TraderBob

    TraderBob Private, 1st Class

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    Oanda

    I have for the most part been treated fairly by Oanda. I have no experience with other brokers. I do realize they widen the spreads around news time but that is not my style so I am not affected by it. I only go by Felixs recommendations and the only other one I would consider would be MB Trading. Another buddy of mine uses MB which has its strengths but this person thinks it is better suited for trading equities, their FX platform is not a strength (not as many gizmos as Oanda or other brokers, er excuse me BUCKET SHOPS).

    The recent addition of 100 million dollars by some big names at Oanda really has me concerned though and us little fish may suffer in the long run, maybe not soon but over time very gradually I think you may see their services for us deteriorate. Kind of like putting a frog in water then slowly bringing it to boil and the frogs dead before he knows it kind of deterioration. I hope not as they have great flexibility with their system.
     
  8. Ataman

    Ataman Recruit

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    Ibfx

    Hi all,
    I from Malaysia, been trading with IBFX, so far so good though. I just hv a month experience with them. Please share if anyone has bad experience with them before. Thanks guys.
     
  9. lie yohanes

    lie yohanes Recruit

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    thanks very much felix

    I am very impressed of your kindness. Whatever your plan is to breakdown the scamed broker, I will is very exalted if in participating.

    lie yohanes
     
  10. ross

    ross Recruit

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    Good Idea

    Since there is little or no real regulation over 4x - we should police them ourselves. Count me in...
     

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