View Poll Results: Have you been scammed by anyone in FOREX before?

Voters
2918. You must be logged in to vote on this poll
  • Yes - I have been scammed before

    1,561 53.50%
  • No - I have always been treated with honesty

    1,357 46.50%
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Results 1 to 10 of 150
  1. #1
    Administrator is offline Administrator
    Join Date
    Sep 2007
    Posts
    2,668

    Post Have you been a victim of a Forex Scam?

    Chances are that every trader will face a FOREX scam, or will know a fellow trader that has been scammed. The feeling of losing your money can leave an ugly knot in one's stomach. If you have been a victim of a nasty forex scam, please share with us your horror story. Let's get those bastards!

  2. #2
    fx_vinny is offline Recruit
    Join Date
    Oct 2007
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    2

    Smile

    Thanks Felix !

    You are doing a great service to the trader community by helping us in difficult situation.
    I haven't yet been scammed by any broker yet ,infact I have been with one only and I am live only for past few months so, probably not enough time to experience anything bad.

    Infact first time I sent them money they were not able to activate my account for 3-4 days which pissed me off and I had sent them an e-mail saying if this happens next time I will withdraw all the money..but they felt sorry and deposited $50 (LOL) in my account..not a big amount but just a
    gesture.

    Anyway we are all with you in this great effort of making these brokers regulated by ourselves only and I think it would be more effective than all those regulatory bodies.

    Thanks !

  3. #3
    mysuccess6 is offline Recruit
    Join Date
    Oct 2007
    Location
    USA
    Posts
    3

    Cool I have been lucky!

    The use a small broker by the name of think or swim (thinkorswim.com)
    They are in partnership with GFT. The news is on point and in real time. The charts are great. I can't complain at this time.

    Mysuccess6
    USA
    California

  4. #4
    trader13 is offline Recruit
    Join Date
    Oct 2007
    Posts
    1

    Default FX Scams

    I use Dukascopy and GFTFX. No complaints.

  5. #5
    joce3515 is offline Recruit
    Join Date
    Oct 2007
    Location
    BC
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    9

    Question Scammed

    GCI Trading in Belise. Took my small fortune by taking out all my stops before they went in the direction I expected. Almost all my stops were taken out within minutes of entering. Just a few thousand but this is when I was just learning. I leanrnt alright. Now I don't use stops . At first I thought "WHAT THE?" the now I see. You have to be smarter than them. But doesn't mean they will give you your money when you request for a withdrawl. That is yet to be my first experience.
    Joce


  6. #6
    Lewis is offline Recruit
    Join Date
    Oct 2007
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    1

    Default

    I use a company called Tricom and so far they have been very good to me. I have never been ripped off and they have always paid out money when i have wanted it. They are based in Australia and have a local office 1 block from where i work here in NZ. I started trading on a desk acount so I have visited them in person before and so I know they're legitimate.

    There are drawbacks. I have to pay fees on every trade in and out, and the software they provide limits my orders to one side of the market and the closest stops can only be set is over 20pips away from the market.

    They are expensive but i continue to use them because if need be it only takes me 10mins to go knock on thier door and demand whats mine. For those of you who can't do that i support your cause and damn those bastards who try to steal your money.

  7. #7
    MK4X is offline Recruit
    Join Date
    Oct 2007
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    4

    Default thanks felix

    i just got felixs email and i think that this is a GREAT idea. It is about time! The scams have to stop man this is crazy! Felix can be the new leader of the free world!

  8. #8
    AlexJ is offline Recruit
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    Oct 2007
    Location
    Toronto Canada
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    Default

    Thanks Felix,

    My hat off for you man.
    You can count me, just tell me when and where...

    Cheers
    AlexJ

  9. #9
    Migo is offline Private, 1st Class
    Join Date
    Oct 2007
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    Toronto, Canada
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    Default

    Yea Felix same here. Just tell me when and where also.

    Have a good one.

    Micky Santoro

  10. #10
    Brent57 is offline Recruit
    Join Date
    Oct 2007
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    1

    Default Crown Forex

    Scammed me, locked my account, was able to withdraw part of my money but not until I had lost alot.
    Other brokers were more subtle, skipping over S/L or T/P, orders not being filled acurately. Funny how this works... its not humans taking our orders, so the computers should be quick and accurate.

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