Problem FORTFS SCAM!!!!

[Anatoly M]

Via this thread?

Yes...this topic is not older than 4 days, so through the site form, I can not invite them I sent an invitation through your personal email.

 

[Anatoly M]

The FPA invited the Company to update this discussion on Jan 7, 2019 at 4:31 AM

Thanks!

 

[Anatoly M]

please tell me how to connect my approved review about the broker fortfs with my topic about scam fortfs?

 

[Mark Miller (FortFS)]

Dear admins,


Thank you for inviting us to this thread! We are happy to provide clarification on what actually happened.


The trading operations performed by Anatoly along with affiliate commissions for these operations were canceled due to blatant violations of company’s legal documents accepted by this client.


Anatoly was trading using an EA specifically designed to abuse MT terminal vulnerabilities during high volatility period by referencing a slightly faster quotations source. Using this EA, on 03.01.2019 he completed more than 100 operations in a span of 20 minutes. After the thorough analysis of client’s orders against the information received from our liquidity provider, we have come to a definite conclusion that the client had been knowingly using quotations delay in his trading terminal and information from a faster quotations source to generate arbitrage profit.


At this point it is important to mention that Anatoly tries to intentionally mislead forum visitors by claiming that he earned 10 000 usd in a month. It is not true and is a piece of an intentional misinformation. The whole trading activity in question took place in the span of 20 (!) minutes. So, in a few minutes, with a deposit of 5 usd, the client has managed to get profits of about 10 000 usd. Anatoly, with his large experience in scam cases, understands that no one would ever believe that such profit could be generated in an honest way so he had to lie about the trading time span.


After non-market profit was generated, and with a realization that no broker would see such trading results as legitimate, Anatoly changed the trading strategy to meaningless trading volume generating in order to earn affiliate commissions. This sudden change of a strategy that brings 200 000% balance increase in 20 minutes to nonsensical lots generating can only be explained if the client fully realizes the fraudulent nature of his actions and is trying to make the best of it.


Keeping all of this in mind, we can conclude that the client, with a clear understanding of his actions, was generating non-market profit. With a realization that such profit cannot be withdrawn, the client started to artificially increase trading turnover to gain at least something from his actions through affiliate commissions. (From our side, we informed the partner about the terms violation by the client, and have his full understanding). We invite Anatoly to present a full trading history statement of 03.01.2019 which will definitively prove for anybody his meaningless trading for the sake of lots generating, nonsensical sudden strategy change and the lies about him earning the funds in a span of a month instead of a minutes-long arbitrage session.


After revealing the aforementioned circumstances, in accordance with our legal documentation that Anatoly has accepted during registration, the decision was made to nullify the orders in question and cancel the financial result. The basis for taking this decision includes, but is not limited to, the following points:


Client’s agreement (https://static.fortfs.com/download/client_agreement.pdf):

3.21. The Company reserves the right to force close, nullify or restore the order, to add the quotes affecting the financial results changing (opening or closing price review) in the following cases:
3.21.1. If the execution of order financial result contradicts the present Agreement or any other legal documentation of the Company.
3.21.2. If the order is executed with the obvious error (as the result of technical fault, non-market quote occurrence and etc.).
3.21.3. If the technical or hardware failure occurs as well as the failure at liquidity provider side.


Partner’s agreement (https://static.fortfs.com/download/partners_agreement.pdf):

5.3.21. In case of any kind of manipulation (actions aimed at artificially increasing payments on affiliate programs) between the Partners or Clients belonging to one partner tree, the Company reserves the right to write off all accrued commissions and bonuses, to reduce the percentage or stop accruals of partner's commissions for one, more or all clients who are attached to the Partner, as well as exclude these Clients from the network of this Partner. Also, the Company reserves the right to compensate the financial losses from such manipulations by deducting from partner’s commissions or other funds deposited on accounts that belong to this Partner or Clients.


Glossarium (https://static.fortfs.com/download/glossarium.pdf):

Non-market quote – the trading instrument price at which the Company is not able to execute the Client's order for the reasons beyond control of the Company (external trading system, liquidity provider, technical software failure and etc.) As a rule, this is the quote that appears inside the gap, or some amount of almost equal price ticks that form the gap, or the quote appearance as the result of market noise, or the quote that appears unreasonably without enough number of macroeconomics measures for that. The Company reserves the right to delete such quote from the server base in case of its occurrence.


In addition to that, after reviewing Anatoly’s history on this site, we can see that such fraudulent activity is his regular way, and is always followed by extortion in order to force brokers to pay him non-market profit in threat of bad publicity. This is a fourth (!) such “scam” thread opened by Anatoly, all with striking similarities in the circumstances. We can’t be the only ones to see an obvious pattern here. We think it is fair to assume that the likelihood of Anatoly being the actual cause to such regular fraudulent accusations is much higher than of it being just a coincidence. If that isn’t enough, here is the thread where Anatoly has, with his eloquent prison slang, accused us of being “frauds” on 19.11.2018 (before he even made a deposit to his FortFS account): https://www.forexpeacearmy.com/comm...inancial-services-stole-my-money.57826/page-2. Why would a person intending on honest trading go to a company that he calls “frauds”? This is yet another evidence of him never even having the intentions to trade honestly.


In conclusion, we fail to see how our actions could be classified as unjust, let alone “scam”. As was shown, all actions were taken strictly according to our legal documentation, with solid ground beneath them. We consider Anatoly’s accusations and continuous extortion attempts as unacceptable and deserving of being taken measures against by FPA administration.

 

[Anatoly M]

I can't provide you with a full trading report because forts deleted all my trading history and also blocked my profile. This broker just doesn't send any trades to the lp,so my profit is a loss to the broker!If the trades were cancelled by the liquidity provider the axes delivery evidence that the liquidity provider cancelled my trades. If you do not have such evidence then you are just scammers who stole my profits! And in reality I've been making this profit for about a month just the bulk of the profit was earned the last 20 minutes when the Japanese yen was falling, although it doesn't matter for how long I earned this money!!!

 

[Anatoly M]

The OP has invited the company to this discussion on Jan 9, 2019 at 11:38 AM

 

[Anatoly M]

Dear admins,


Thank you for inviting us to this thread! We are happy to provide clarification on what actually happened.


The trading operations performed by Anatoly along with affiliate commissions for these operations were canceled due to blatant violations of company’s legal documents accepted by this client.


Anatoly was trading using an EA specifically designed to abuse MT terminal vulnerabilities during high volatility period by referencing a slightly faster quotations source. Using this EA, on 03.01.2019 he completed more than 100 operations in a span of 20 minutes. After the thorough analysis of client’s orders against the information received from our liquidity provider, we have come to a definite conclusion that the client had been knowingly using quotations delay in his trading terminal and information from a faster quotations source to generate arbitrage profit.


At this point it is important to mention that Anatoly tries to intentionally mislead forum visitors by claiming that he earned 10 000 usd in a month. It is not true and is a piece of an intentional misinformation. The whole trading activity in question took place in the span of 20 (!) minutes. So, in a few minutes, with a deposit of 5 usd, the client has managed to get profits of about 10 000 usd. Anatoly, with his large experience in scam cases, understands that no one would ever believe that such profit could be generated in an honest way so he had to lie about the trading time span.


After non-market profit was generated, and with a realization that no broker would see such trading results as legitimate, Anatoly changed the trading strategy to meaningless trading volume generating in order to earn affiliate commissions. This sudden change of a strategy that brings 200 000% balance increase in 20 minutes to nonsensical lots generating can only be explained if the client fully realizes the fraudulent nature of his actions and is trying to make the best of it.


Keeping all of this in mind, we can conclude that the client, with a clear understanding of his actions, was generating non-market profit. With a realization that such profit cannot be withdrawn, the client started to artificially increase trading turnover to gain at least something from his actions through affiliate commissions. (From our side, we informed the partner about the terms violation by the client, and have his full understanding). We invite Anatoly to present a full trading history statement of 03.01.2019 which will definitively prove for anybody his meaningless trading for the sake of lots generating, nonsensical sudden strategy change and the lies about him earning the funds in a span of a month instead of a minutes-long arbitrage session.


After revealing the aforementioned circumstances, in accordance with our legal documentation that Anatoly has accepted during registration, the decision was made to nullify the orders in question and cancel the financial result. The basis for taking this decision includes, but is not limited to, the following points:


Client’s agreement (https://static.fortfs.com/download/client_agreement.pdf):

3.21. The Company reserves the right to force close, nullify or restore the order, to add the quotes affecting the financial results changing (opening or closing price review) in the following cases:
3.21.1. If the execution of order financial result contradicts the present Agreement or any other legal documentation of the Company.
3.21.2. If the order is executed with the obvious error (as the result of technical fault, non-market quote occurrence and etc.).
3.21.3. If the technical or hardware failure occurs as well as the failure at liquidity provider side.


Partner’s agreement (https://static.fortfs.com/download/partners_agreement.pdf):

5.3.21. In case of any kind of manipulation (actions aimed at artificially increasing payments on affiliate programs) between the Partners or Clients belonging to one partner tree, the Company reserves the right to write off all accrued commissions and bonuses, to reduce the percentage or stop accruals of partner's commissions for one, more or all clients who are attached to the Partner, as well as exclude these Clients from the network of this Partner. Also, the Company reserves the right to compensate the financial losses from such manipulations by deducting from partner’s commissions or other funds deposited on accounts that belong to this Partner or Clients.


Glossarium (https://static.fortfs.com/download/glossarium.pdf):

Non-market quote – the trading instrument price at which the Company is not able to execute the Client's order for the reasons beyond control of the Company (external trading system, liquidity provider, technical software failure and etc.) As a rule, this is the quote that appears inside the gap, or some amount of almost equal price ticks that form the gap, or the quote appearance as the result of market noise, or the quote that appears unreasonably without enough number of macroeconomics measures for that. The Company reserves the right to delete such quote from the server base in case of its occurrence.


In addition to that, after reviewing Anatoly’s history on this site, we can see that such fraudulent activity is his regular way, and is always followed by extortion in order to force brokers to pay him non-market profit in threat of bad publicity. This is a fourth (!) such “scam” thread opened by Anatoly, all with striking similarities in the circumstances. We can’t be the only ones to see an obvious pattern here. We think it is fair to assume that the likelihood of Anatoly being the actual cause to such regular fraudulent accusations is much higher than of it being just a coincidence. If that isn’t enough, here is the thread where Anatoly has, with his eloquent prison slang, accused us of being “frauds” on 19.11.2018 (before he even made a deposit to his FortFS account): https://www.forexpeacearmy.com/comm...inancial-services-stole-my-money.57826/page-2. Why would a person intending on honest trading go to a company that he calls “frauds”? This is yet another evidence of him never even having the intentions to trade honestly.


In conclusion, we fail to see how our actions could be classified as unjust, let alone “scam”. As was shown, all actions were taken strictly according to our legal documentation, with solid ground beneath them. We consider Anatoly’s accusations and continuous extortion attempts as unacceptable and deserving of being taken measures against by FPA administration.

FPA is a serious independent resource that is visited by millions of traders, and they do not believe in empty words because we are business people!So you need to show us proof that it was the liquidity provider who cancelled or rejected my orders. If you don't provide this evidence, it means you just stole my money.

 

[Anatoly M]

One more scamming with you?

Hello. Please connect my approved review about the broker fortfs with my topic about scam fortfs.

 

[Mark Miller (FortFS)]

Dear Anatoly,

We have already provided you with a detailed answer. In return, you are completely ignoring the points we have made. Why? Do you not have an explanation? Instead, you keep repeating the same accusations, with no substance to them. Despite what you say, the best example of empty words in this thread so far is “This broker just doesn't send any trades to the lp”. Where is the evidence to that? Please provide it. If anything, your arbitrage non-market profits are the best proof of the opposite. We are also curious, why does your review need to be connected to this topic? It literally says less than your post here and provides no clarification whatsoever. Is it just so you can use the word “approved” as often as possible to try to make your empty accusations seem more credible?

And yes, it absolutely does matter how long it took you to earn profits. You have to be delusional to expect FPA visitors to believe in legitimacy of your trading if your profits are 10 000 usd from 15 usd in 20 minutes. You clearly understand it too, since you keep insisting that you have been trading for a month. This is NOT true. You deposited 5 usd. In a month leading up to 03.01.2019, you have opened about 15 trades with minimal volumes and earned about 10 usd. Then on 03.01.2019 you have completed 100 trades with huge volumes and earned 10 000 usd in 20 minutes. Do you call this “in reality I've been making this profit for about a month”? Do you really expect anyone to believe that there were no non-market quotes/arbitrage involved? Also, please explain to us this sudden change of trading strategy (irregular trading activity) on your account. In addition, we would be grateful if you told us what EA you were using and what is its strategy, if it is not a secret. Surely, it does not rely on non-market quotes and quotations delays and you can prove it?

Why did you ignore our statement about your further trading with the goal of artificially increasing your affiliate commission (and thus, violating our legal agreements)? Do you admit to it? If not, explain to us what made you change your strategy from the one that brought you 10 000 usd in 20 minutes to this nonsensical volume generating. Is it because you understood that you wouldn’t be able to withdraw these non-market profits and thus were trying to convert them to affiliate commissions? Also, please describe what exactly this strategy was meant to be, although it is obvious that there was none. It is easily proved to anyone who understands trading with trading history.

Which leads us to your trading history: we were under the impression that you have it backed up, but if not, we are prepared to publish it for you, with your permission and admin’s blessing. It clearly proves our words, but we are sure you wouldn’t mind for everyone to see it. Our guess is that we can publish it next week.

In the meantime, please also explain why did you start trading with us after publically calling us “fraud”? Do you think it’s a logical thing for an honest trader to do? Also, please explain how come your trading always ends up on FPA forums due to non-market profit, is it a coincidence?

We are looking forward to get responses to our questions. Thank you!

 

[Anatoly M]

Dear Anatoly,

We have already provided you with a detailed answer. In return, you are completely ignoring the points we have made. Why? Do you not have an explanation? Instead, you keep repeating the same accusations, with no substance to them. Despite what you say, the best example of empty words in this thread so far is “This broker just doesn't send any trades to the lp”. Where is the evidence to that? Please provide it. If anything, your arbitrage non-market profits are the best proof of the opposite. We are also curious, why does your review need to be connected to this topic? It literally says less than your post here and provides no clarification whatsoever. Is it just so you can use the word “approved” as often as possible to try to make your empty accusations seem more credible?

And yes, it absolutely does matter how long it took you to earn profits. You have to be delusional to expect FPA visitors to believe in legitimacy of your trading if your profits are 10 000 usd from 15 usd in 20 minutes. You clearly understand it too, since you keep insisting that you have been trading for a month. This is NOT true. You deposited 5 usd. In a month leading up to 03.01.2019, you have opened about 15 trades with minimal volumes and earned about 10 usd. Then on 03.01.2019 you have completed 100 trades with huge volumes and earned 10 000 usd in 20 minutes. Do you call this “in reality I've been making this profit for about a month”? Do you really expect anyone to believe that there were no non-market quotes/arbitrage involved? Also, please explain to us this sudden change of trading strategy (irregular trading activity) on your account. In addition, we would be grateful if you told us what EA you were using and what is its strategy, if it is not a secret. Surely, it does not rely on non-market quotes and quotations delays and you can prove it?

Why did you ignore our statement about your further trading with the goal of artificially increasing your affiliate commission (and thus, violating our legal agreements)? Do you admit to it? If not, explain to us what made you change your strategy from the one that brought you 10 000 usd in 20 minutes to this nonsensical volume generating. Is it because you understood that you wouldn’t be able to withdraw these non-market profits and thus were trying to convert them to affiliate commissions? Also, please describe what exactly this strategy was meant to be, although it is obvious that there was none. It is easily proved to anyone who understands trading with trading history.

Which leads us to your trading history: we were under the impression that you have it backed up, but if not, we are prepared to publish it for you, with your permission and admin’s blessing. It clearly proves our words, but we are sure you wouldn’t mind for everyone to see it. Our guess is that we can publish it next week.

In the meantime, please also explain why did you start trading with us after publically calling us “fraud”? Do you think it’s a logical thing for an honest trader to do? Also, please explain how come your trading always ends up on FPA forums due to non-market profit, is it a coincidence?

We are looking forward to get responses to our questions. Thank you!

My Advisor just started to sell currency using the trend when the currency began to fall strongly, as well as other currencies began to buy and sell,what do you talk about delays quotes?! The moment I continued to trade manually on my account-no one should care! I decide how much to earn affiliate commissions and how to earn on the account and it's nobody's business! Me legal documents is not prohibited in the account to earn at least 100000000% profit! So just give me my money! And of course you can publish a trade report from your backup to the public!