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Scam Alerts Folder All intelligence gathered on a potential scam should be posted here. The FPA will then review the case and deploy operations if necessary.
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Ilya Paniotov's Avatar
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Exclamation ACM - Theft by Desighn - 04-14-2009, 12:24 PM

ACM dealing desk functionality:
1.Spread Widening Functionality - This form generate FALSE market prices, also will generate massive STOP losses base how wide spread will be widen, also will generate margin call's on the accounts because margin will drop base on how wide spread was widen - this is CASH MACHINE to generate enormous profits for ACM - that is only one secret weapon on accounts distractions.
Contrary to popular belief, ACM Dealer's DO have the possibility to enlarge spreads autonomously=> to cause a margin call, hit your stops or simply to prevent you from scalping in fast markets.
In the image below the four major currency pairs have been set to enlarge by 100 pips while this option is activated (lasts normally about 2-5 minutes until deactivated again). This is 100 pips above the spreads that feed received from our providers.
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File Type: bmp Spread Widening Functionality.bmp (1.50 MB, 45 views)
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Ilya Paniotov's Avatar
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Exclamation ACM - Truth start to unravel - 04-14-2009, 12:28 PM

Another function build in into Dealing Desk platform to SCAM YOU FROM your MONEY.
Refuse or Approve trade form - is allow for dealer to refuse trade if trader wants to open or close positions - another hidden weapon to jenerate
CASH for ACM
. Once an account has been put on suspended orders, it is impossible to trade without the dealer’s intervention. At the moment of you pressing the button on the client platform, our dealer sees the below dialog box and has a possibility to refuse/ approve incoming trades.

In this case account 101868 is attempting to buy 300 k EURUSD at the price of 1.3352

Will be interesting to see any public statements from ACM on this screenshots.
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File Type: bmp Refuse or Approve trade.bmp (1.14 MB, 37 views)
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Last edited by Ilya Paniotov : 04-14-2009 at 12:30 PM. Reason: ps
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Ilya Paniotov's Avatar
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Post ACM - please add this screens on your front page to attract new clients - 04-14-2009, 12:37 PM

ACM - That is how we are trading with our clients.
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Banned - ACM Spammer
 
Default 04-15-2009, 03:17 PM

Well hello again Mr. Ilya, the 'ol schmuck here again. Well, this story has still got it's claws in me! I haven't felt this fighting spirit in me since Nam, you are the wart on people's feet Mr. Ilya, you are the common enemy! I like how you post some pictures that do not even show the brokers name, and in some pictures the spread could be the result of a volatile market immediately following a big news event, or quite simply one of those so called Manipulated Documents the newspapers reported, that resulted in you getting your ass kicked of 3 or 4 FX sites I hear! They are smart not to want to have any association with you!

Another thing that still intrigues my trading buddies and me,...why the hell are you doing all this on the forums? Do you not have any self respect? Goddammit man, do you not have any clients left to whom you you should be showing a professional side to? Do you not have a lawyer fighting your corner? Or did he tell you that it was a lost cause when he realized the documents you produced were forged?

I followed a link about Mexbank someone posted somewhere else, there is more scam and fraud written about them, your clients or employer, than anything on ACM. There is a lot on bad trading that caused many people to lose money. Are you one of their traders?
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Banned - ACM Spammer
 
Default 04-15-2009, 03:54 PM

Freddy4X
Well hello again Mr. Ilya, the 'ol schmuck here again. Well, this story has still got it's claws in me! I haven't felt this fighting spirit in me since Nam, you are the wart on people's feet Mr. Ilya, you are the common enemy! I like how you post some pictures that do not even show the brokers name, and in some pictures the spread could be the result of a volatile market immediately following a big news event, or quite simply one of those so called Manipulated Documents the newspapers reported, that resulted in you getting your ass kicked of 3 or 4 FX sites I hear! They are smart not to want to have any association with you!

Another thing that still intrigues my trading buddies and me,...why the hell are you doing all this on the forums? Do you not have any self respect? Goddammit man, do you not have any clients left to whom you you should be showing a professional side to? Do you not have a lawyer fighting your corner? Or did he tell you that it was a lost cause when he realized the documents you produced were forged?

I followed a link about Mexbank someone posted somewhere else, there is more scam and fraud written about them, your clients or employer, than anything on ACM. There is a lot on bad trading that caused many people to lose money. Are you one of the?

What about this I found as well from a former employee of ACM?

“I laugh at all this bull**** that has really hit the fan, there is no straighter broker than ACM, I worked the trading room for 18 months after leaving RBS. We could not manipulate the spreads, as a pure STP we could only rely on our LP, sure volatility widens spreads, we all know that, but not by us, this is a common and known practice carried out by the LP for self protection.”
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Ilya Paniotov's Avatar
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Default ACM - Public warning posted in Greece - 04-15-2009, 04:09 PM

Why Greece?
Mother contry for Nicholas H. Bang and ALEXANDRE AXARLIS
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Ilya Paniotov's Avatar
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Talking ACM - Truth start to unravel - 04-15-2009, 04:51 PM

Make story short - some companies is on a PayRoll from ACM, and they are begging for they money thru advertisement.

Forex Peace Army is DIFFERENT from all others.

Why don't you describe functionality and why this functions exists on ACM dealing desk platform?


SEE YOU, AFTER ACM CRIMINAL INVESTIGATION RESULTS WILL BE PUBLISHED.

Last edited by Ilya Paniotov : 04-15-2009 at 06:08 PM.
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