-
Please try to select the correct prefix when making a new thread in this folder.
Discuss is for general discussions of a financial company or issues related to companies.
Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"
Compare is for things like "Which of these 2 (or more) companies is best?"
Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"
Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.More info coming soon.
Discuss FxOpen.com ( FxEgypt)
- Thread starter Administrator
- Start date
General discussions of a financial company
pipdreaming
Private, 1st Class
- Messages
- 85
What is the delay? And are you talking about e-money withdrawals or bank transfers?
ilearn2t
Sergeant Major
- Messages
- 711
Hello forexi
Yes I found their withdrawals very quick also, but in the end I closed my account with FXOpen because they now appear to use different tricks to scam their clients.
Good luck
ilearn2t
Yes I found their withdrawals very quick also, but in the end I closed my account with FXOpen because they now appear to use different tricks to scam their clients.
Good luck
ilearn2t
ilearn2t
Sergeant Major
- Messages
- 711
Hello barbry9
FXOpen used/allowed members of its staff to launder money thought its support forum to Liberty Reserve using fake accounts, once I reported this matter in private to the FXOpen manager (Denis Peganov) the scam was closed down, then I became the victim of their dirty tricks.
One scam involved banning me for life from their forum because I paid and entered their ForexCup contest and was on the brink of winning a large amount of money, at that time, banning me for life meant freezing my "Real" account from ever being able to withdraw any money from it.
Members of their staff tried their best to intimidate myself at their support forum to cover up their wrongful doings, this also involved intimidation at other brokers support forums where they (members of staff) also worked, bringing into question the honesty of these other brokers.
Some senior members of staff at the time, knew about the laundering money scheme and the ForexCup scam going on at the company and agreed they where stupid ideas, but none to these people would risk saying anything in public or private in fear of losing their jobs.
Glad to see the FXOpen manager (Denis Peganov) did try to cover up his involvement in these scams by posting on this forum.
He (Denis Peganov) has always continued to post nearly every day at their support forum before, during and after these scams was first reported to himself and others.
So once again I'll ask these questions, and hopefully someone from FXOpen will give us genuine answers.
1) Did FXOpen as a broker fund these fake accounts to remove Liberty Reserve money from their own broker's account or simply allow their members of staff to use these fake accounts for their (members of staff) own self gains and FXOpen simply turned a blind eye to their (members of staff) fraudulent behaviour ?
2) Why did FXOpen refuse to close the loophole in the rules at ForexCup that made it easy for the owners to use it to scam money from the broker's clients?
3) Why did FXOpen allow its support staff members to intimidate their broker's clients ?
Good luck
ilearn2t
FXOpen used/allowed members of its staff to launder money thought its support forum to Liberty Reserve using fake accounts, once I reported this matter in private to the FXOpen manager (Denis Peganov) the scam was closed down, then I became the victim of their dirty tricks.
One scam involved banning me for life from their forum because I paid and entered their ForexCup contest and was on the brink of winning a large amount of money, at that time, banning me for life meant freezing my "Real" account from ever being able to withdraw any money from it.
Members of their staff tried their best to intimidate myself at their support forum to cover up their wrongful doings, this also involved intimidation at other brokers support forums where they (members of staff) also worked, bringing into question the honesty of these other brokers.
Some senior members of staff at the time, knew about the laundering money scheme and the ForexCup scam going on at the company and agreed they where stupid ideas, but none to these people would risk saying anything in public or private in fear of losing their jobs.
Glad to see the FXOpen manager (Denis Peganov) did try to cover up his involvement in these scams by posting on this forum.
He (Denis Peganov) has always continued to post nearly every day at their support forum before, during and after these scams was first reported to himself and others.
So once again I'll ask these questions, and hopefully someone from FXOpen will give us genuine answers.
1) Did FXOpen as a broker fund these fake accounts to remove Liberty Reserve money from their own broker's account or simply allow their members of staff to use these fake accounts for their (members of staff) own self gains and FXOpen simply turned a blind eye to their (members of staff) fraudulent behaviour ?
2) Why did FXOpen refuse to close the loophole in the rules at ForexCup that made it easy for the owners to use it to scam money from the broker's clients?
3) Why did FXOpen allow its support staff members to intimidate their broker's clients ?
Good luck
ilearn2t
FXOpen NZ Compliance
FxOpen.com Representative
- Messages
- 3
Dear ilearn2t,
Please be advised,
based on your message we cannot directly investigate into the source of this suspicion of money laundering. We ask you kindly to provide more details. All such suspicions must be reported to the Compliance Officer FXOpen NZ. Therefore, please, send the following information to compliance@fxopen.com:
- account number (trading and forexcup),
- your FXOpen Forum nickname,
- any additional evidence to support your issue,
- the name of the employee (support staff member).
Also, note that FXOpen is committed to upholding the highest standards of integrity and probity in the conduct of its affairs with its clients, counterparties and regulators. In accordance with the requirements of the AML/CFT Act, FXOpen prepared a comprehensive AML/CFT Compliance Programme including its Customer Due Diligence (“CDD”) processes and day-to-day AML procedures. FXOpen is required to ensure that all members of staff are aware of all legislative and regulatory governance where applicable and where appropriate the Codes of Practice and its own compliance and operating procedures. Employees therefore undergo training in AML/CFT laws and internal policy and procedures.
Best Regards,
Compliance Department, FXOpen NZ Team
Please be advised,
based on your message we cannot directly investigate into the source of this suspicion of money laundering. We ask you kindly to provide more details. All such suspicions must be reported to the Compliance Officer FXOpen NZ. Therefore, please, send the following information to compliance@fxopen.com:
- account number (trading and forexcup),
- your FXOpen Forum nickname,
- any additional evidence to support your issue,
- the name of the employee (support staff member).
Also, note that FXOpen is committed to upholding the highest standards of integrity and probity in the conduct of its affairs with its clients, counterparties and regulators. In accordance with the requirements of the AML/CFT Act, FXOpen prepared a comprehensive AML/CFT Compliance Programme including its Customer Due Diligence (“CDD”) processes and day-to-day AML procedures. FXOpen is required to ensure that all members of staff are aware of all legislative and regulatory governance where applicable and where appropriate the Codes of Practice and its own compliance and operating procedures. Employees therefore undergo training in AML/CFT laws and internal policy and procedures.
Best Regards,
Compliance Department, FXOpen NZ Team
Hello ilearn2t,
So many hard words like SCAM, Money Laundering ....
1) No
2) You are wrong
3) Wrong again
I would like to say again, we give money for making posts in our forum from our OWN money, not from Client's funds, not from Client's deposits but from our OWN money (from the profit) so it is just make no sense to talk about any money laundering or whatever.
If you believe that there is any money laundering activity involved with FXOpen you are free to report officials.
ilearn2t
Sergeant Major
- Messages
- 711
Hello FXOpen NZ Compliance
Thanks for your quick reply.
I spent over 6 months trying to explain in private about wrongful acts being committed by members of your staff and got nowhere, apart from being intimidated for my honesty.
Than over 6 months in public trying to get someone to listen to my concerns that have now led to my allegations that your broker seems to be directly involved in a cover up to hide the truth being known.
But I'll try one more time to made it as easy as possible for you to understand my reasons behind my claims.
1) At first I didn't think the NSAWORK - Local Exchange Zone at your support forum was being used as a money laundering scheme, I just thought it involved a few paid employees from your support forum using forum accounts to transfer money out the back door.
The "money laundering" idea was mentioned to myself in private by a senior member of your brokerage firm during the weeks since I first spotted what was going on, right up to the time the NSAWORK - Local Exchange Zone was closed and most of the posts relating to the wrongdoing removed.
What made it more suspicious, was the fact that when I reported my findings in private to other members of staff, most if not all my proof would be removed from the public domain. In the end I could not trust your staffs handling of my concerns and now only count on a few genuine members of your staff who have fully supported my acts, and who also worry about the state your brokerage firm has allowed themselves to get into over these matters and the wrongful acts that surround them.
Nothing would please me more than to go over the last year and a half of the wrongful acts I've witnessed and reported in the past, but spend the time yourself and simply read my posts in this forum related to my claims, and your own support forum, and you ask why my allegations have never truly been answered or dealt with.
2) Once again simply read my posts in this thread https://www.forexpeacearmy.com/fore...-great-events-fxopen-update-5.html#post105281 and ask yourself why my concerns over a loophole in the "ForexCup" rules which allowed wrongdoers at your company to intimated clients into fear of speaking out with the threat of losing their "Real" account and all their deposits and possible profits.
3) Simply ask all your employees around the time all this went on, how many times did I report wrongdoing employees for intimidation of clients, this included one employee who tried to intimidate a client into handing over $10 of his/her own money into your company account, broker or forum what's the difference.
Like a senior member of your brokerage firm once said to myself, " This firm as destroyed itself to cover up the wrongdoers actions"
So please forgive me if I continue to warn others of the dangers of investing in your broker while these matters still remain unsolved.
Good luck
ilean2t
Hello FXOpen NZ
I hope by answering FXOpen NZ Compliance reply earlier in this message, you'll now have a better idea why the idea "Money Laundering" was used in my earlier posts in relation to the NSAWORK - Local Exchange Zone, and to tell you the truth, just like the genuine member of your brokerage firm informed me in private, it does look a bit suspicious. As for the rest of my requests surrounding these matters, hopefully more than a quick "yes or no, wrong or wrong again" from someone like FXOpen NZ Compliance will get to the bottom of all this mess.
As for reporting it to officials, maybe you as "FXOpen Development Director" should lead by example and read your own private messages, and act on them quicker to avoid bring your brokerage firm into dispute.
Good luck
ilearn2t
Thanks for your quick reply.
I spent over 6 months trying to explain in private about wrongful acts being committed by members of your staff and got nowhere, apart from being intimidated for my honesty.
Than over 6 months in public trying to get someone to listen to my concerns that have now led to my allegations that your broker seems to be directly involved in a cover up to hide the truth being known.
But I'll try one more time to made it as easy as possible for you to understand my reasons behind my claims.
1) At first I didn't think the NSAWORK - Local Exchange Zone at your support forum was being used as a money laundering scheme, I just thought it involved a few paid employees from your support forum using forum accounts to transfer money out the back door.
The "money laundering" idea was mentioned to myself in private by a senior member of your brokerage firm during the weeks since I first spotted what was going on, right up to the time the NSAWORK - Local Exchange Zone was closed and most of the posts relating to the wrongdoing removed.
What made it more suspicious, was the fact that when I reported my findings in private to other members of staff, most if not all my proof would be removed from the public domain. In the end I could not trust your staffs handling of my concerns and now only count on a few genuine members of your staff who have fully supported my acts, and who also worry about the state your brokerage firm has allowed themselves to get into over these matters and the wrongful acts that surround them.
Nothing would please me more than to go over the last year and a half of the wrongful acts I've witnessed and reported in the past, but spend the time yourself and simply read my posts in this forum related to my claims, and your own support forum, and you ask why my allegations have never truly been answered or dealt with.
2) Once again simply read my posts in this thread https://www.forexpeacearmy.com/fore...-great-events-fxopen-update-5.html#post105281 and ask yourself why my concerns over a loophole in the "ForexCup" rules which allowed wrongdoers at your company to intimated clients into fear of speaking out with the threat of losing their "Real" account and all their deposits and possible profits.
3) Simply ask all your employees around the time all this went on, how many times did I report wrongdoing employees for intimidation of clients, this included one employee who tried to intimidate a client into handing over $10 of his/her own money into your company account, broker or forum what's the difference.
Like a senior member of your brokerage firm once said to myself, " This firm as destroyed itself to cover up the wrongdoers actions"
So please forgive me if I continue to warn others of the dangers of investing in your broker while these matters still remain unsolved.
Good luck
ilean2t
Hello FXOpen NZ
I hope by answering FXOpen NZ Compliance reply earlier in this message, you'll now have a better idea why the idea "Money Laundering" was used in my earlier posts in relation to the NSAWORK - Local Exchange Zone, and to tell you the truth, just like the genuine member of your brokerage firm informed me in private, it does look a bit suspicious. As for the rest of my requests surrounding these matters, hopefully more than a quick "yes or no, wrong or wrong again" from someone like FXOpen NZ Compliance will get to the bottom of all this mess.
As for reporting it to officials, maybe you as "FXOpen Development Director" should lead by example and read your own private messages, and act on them quicker to avoid bring your brokerage firm into dispute.
Good luck
ilearn2t
RahmanSL
Major
- Messages
- 2,940
For the record, I have known my friend ilearn2t over at FXOpen site where we both have been very active members once-upon-a-time since I first started on my forex journey over three years ago.
She (yes, my friend is a real gentle, patient, extremely helpful, and kind lady) guided and helped me when I was a newbie in forex and even did some of my calculations for me. For all those invaluable education, I am forever grateful to her.
ilearn2t even went as far as to start competitions for newbies with her own real money prizes at FXOpen site. This was way before FXOpen even had Demo competitions for newbies with real money prizes.
For all the extremely excellent, untiring work, and genuinely helpful work she has carried out at FXOpen site to help out newbies, it sadden me, and yet infuriated me, in how FXOpen is treating a former ally and client.
Without any hesitation & reservations, I will vouch 101% for the integrity, honesty, and truthfulness in all her posts here and elsewhere.
======================
Hi my friend ilearn2t....been a while! How are you these days? Hope you & the family are doing well.
My main broker now is Axitrader
Your friend RahmanSL
She (yes, my friend is a real gentle, patient, extremely helpful, and kind lady) guided and helped me when I was a newbie in forex and even did some of my calculations for me. For all those invaluable education, I am forever grateful to her.
ilearn2t even went as far as to start competitions for newbies with her own real money prizes at FXOpen site. This was way before FXOpen even had Demo competitions for newbies with real money prizes.
For all the extremely excellent, untiring work, and genuinely helpful work she has carried out at FXOpen site to help out newbies, it sadden me, and yet infuriated me, in how FXOpen is treating a former ally and client.
Without any hesitation & reservations, I will vouch 101% for the integrity, honesty, and truthfulness in all her posts here and elsewhere.
======================
Hi my friend ilearn2t....been a while! How are you these days? Hope you & the family are doing well.
My main broker now is Axitrader
Your friend RahmanSL
Dear ilearn2t,
Your Ban has been lifted now from our Forum
Please note that what you have said about is not true and the reason for your ban was Intimidation and Multiple Copy Paste done in our forum as we do not allow it.
You were given a chance to comeback 3 times in the forum and still you did same thing to Abuse the Forum Bonus system.
Thanks
Last edited:
Similar threads
