FXCH (forex-swiss.com): huge, illegal opening slippage, price manipulations, requotes

[SMFX]

Looks like "Instant Execution", so they should fill within the deviation otherwise re-quote

As an aside, when a broker says "1-pip spread on all major's", you have to assume that's not true though. There's no way they could provide that commission-free, and still make money.

They're probably executing your trades on a different price feed with more realistic spreads. That could be why you're getting poor fills. Unfortunately that's common practice amongst the MT4 brokers, especially the non-regulated ones.

 

[Scythian]

all finished 2 months ago

Hello Pharaoh,

Thanks for your answer!

I’ve already done everything[FONT=&quot]: topic in scam alert folder, 1 star review, submitted file case with much evidence. It was about 2 months ago, as I wrote.

My case is in Court Case Preparation folder since 22-04-2011:
My case number is Case# 2011-042.

[FONT=&quot]

Make sure to leave a 1 star review if you haven't done so already.

Then go to the top menu in the forums, point to Traders Court, and select "File a case"

Read the directions carefully, then file one.

[/FONT]

 

[Scythian]

Yes, you’re right. I made a big mistake, when I opened an account at FXCH. But this doesn’t entitle them to fraud and this doesn’t relieve them from the fraud that I proved.

Exactly: I must get the price in the range of the actual price (that broker shows)+-slippage (deviation), otherwise a requote error. This is the point, it is important.

And yes, it may be that they used a different price feed, but it is illegal. They must show exactly the same price what they use at order executions. I don’t think that for example 15-16 pips spread is realistic for EURUSD. But it doesn’t matter as well, because they show 1 pip spread, not 15-16 pips, furthermore this problem - that I described above - is not spread problem.

They claim the exact opposite than what the truth is. Check my video for details!

Looks like "Instant Execution", so they should fill within the deviation otherwise re-quote

As an aside, when a broker says "1-pip spread on all major's", you have to assume that's not true though. There's no way they could provide that commission-free, and still make money.

They're probably executing your trades on a different price feed with more realistic spreads. That could be why you're getting poor fills. Unfortunately that's common practice amongst the MT4 brokers, especially the non-regulated ones.

 

[Scythian]

first post updated, alternative links added

I've updated the first post with alternative download links, because the web hosts (where the files are) was attacked by hackers several times.

 

[Scythian]

what does the Traders Court think?

Hello Pharaoh,

I sent you a message before, but it was changed for some reason. You'll find the original version below.
Repeat: my message means, that I've already made every necessary things, and you've already accepted and approved my case. After this it got its case number: case# 2011-042. It was about 2 months ago.

You write at the top of this page:
"The FPA will then review the case and deploy operations if necessary."

What is your opinion? Is the deployment of the operations necessary in this case?

=============
My original reply:

"Hello Pharaoh,

Thanks for your answer![FONT=&quot]

I’ve already done everything: topic in scam alert folder, 1 star review, submitted file case with much evidence. It was about 2 months ago, as I wrote.

My case is in Court Case Preparation folder since 22-04-2011: https://www.forexpeacearmy.com/forex-forum/court-case-preparation-folder/14924-case-2011-042-scythian-vs-www-forex-swiss-com.html
My case number is Case# 2011-042."[/FONT]

 

[Pharaoh]

Ok. Found it and see you updated the case.

 

[Scythian]

e-mail from FXCH

I received this e-mail from FXCH on 09-07-2011:

"Dear Andras,

We have checked your video about our company it is very nice video.
We would like to pay you 900 usd for exclusive rights for the video; the funds have been added to your account.
As you made good job we would like to order new video from you for 500 usd.
If you are interesting, please, contact us for details.

Best regards,

Michelle Raman
Customer Care Manager
www.forex-swiss.com
Foreign Exchange Clearing House Ltd
Prime Clearing Member of European Union Electronic Derivatives Exchange EUEDEX™
Registered Member ID: PCM-2367"

They refer to my video called "FXCH: the marketing and the reality" (fxch_marketing_vs_reality.mp4). You find the video links in the first post. Check this video, maybe you'll like it too!

 

[hazarder]

Dear friend ,
I have the same problem this is crazy what I can't do now???

 

[hazarder]

Live account is dead 100% and whit the same EA demo account (3 days work) live forever.

 

[Scythian]

Dear friend ,
I have the same problem this is crazy what I can't do now???

Hello,
This broker is a pure SCAM. The demo account is just to attract traders.
I think the best would be to gather all the evidence (screenshots, videos, statements, Metatrader logs etc.), backup the whole FXCH Metatrader directory too. Ask all deposited money back, and if FXCH aren't willing to do this, then write your review on this page: Forex Swiss | FXCH | Forex-Swiss.com reviews and ratings by Forex Peace Army After this write your story in a new thread in details with the collected evidence in scam alert folder too. If your issue isn't resolved soon, then you can file an FPA Traders Court case: Forex Scam Resolution and Trader's Money Recovery
I think the publicity can help you.