I am also a victim of this fraudulent scheme.
I expect this was a dodgy agreement between the BI and Windsor to take client funds out of the client accounts with dirty a and b-booking games while the BI was showing us fake statements on the BI website.
I am also a victim of this huge scam. After I was able to get ahold of my historical statement I saw how my whole account was "burned" in a matter of 2-3 weeks. My speculation is that the BI was hedge trading our funds into his account. At the same time Windsor was b-booking client accounts and...
Exact same situation here like described in the opening post. My guess is that the money was intentionally hedged out of the client accounts as soon as deposits were received.
Hopefully the legal steps that are taken against them will allow us to recover our funds.
ASIC is the biggest joke of regulator ever! I was also scammed by a n Australian company, and when i complained to ASIC, they said it is not their job to get my money back as they are only a regulator. WTF does this mean?
Also, if we can't rely on a regulator at least investigating our...
Don't put too much hope on any regulator. I got scammed by an Australian company registered with ASIC for 12 000 $ along with around 100 other victims. I reported the misconduct to ASIC and other Australian authorities and they can't be bothered doing anything.
This company is now liquidated...
All,
I am also a customer of star account and I have to say that I was very happy with the service until the delayed transfer issue started to happen.
However to be honest the company management has admitted that there is an issue with transfers and that they are working on resolving this by...
Hi Tornado,
I have been following this thread waiting for you to update us with what happened.
I am interested in opening an account with a broker in Cyprus, so I am very interested to know if you have made any progress with CySec as it is the regulator.
Thanks
Thanks for the great indicator.
I just have one issue, when I try to change the currency list, I go to Indicator List -> ForexTrendConsole -> Edit (as per the manual) but then I do not have the Symbols_to_display variable, only the prefix and suffix.
Thanks for the great indicator.
I just have one issue, when I try to change the currency list, I go to Indicator List -> ForexTrendConsole -> Edit (as per the manual) but then I do not have the Symbols_to_display variable, only the prefix and suffix.
I did not see the documents of course, but I grew up in Egypt and official documents issued from official sources might appear "fake" because sometimes cheap paper is used, unclear handwriting, stamps are smeared.. etc..
In all cases, the broker doesn't have the right to cancel the profits and...
I tried again a backtest this time using tick data and got the same results as posted before with the account blown around 7 Feb 2012 - 19:00 Hrs
Can you please advise EA settings and tick data you used for your back testing? (P.s. my demo account is 5 digits)
THanks
Thanks for the explanation. I will let the EA run on demo account for the 2 week trial and try to re-run backtest with proper backtest setting (every tick).
I run strategy tester in the EA on 10k demo account with default settings (as shown in attached image) on GBP USD M5 chart.
Start Date: 2 Jan 2012
Around 25 jan 2012 a big drawdown starts and on 8 Feb testing stopped because account is blown.
Any comments from EA developer on that?
My point is, regardless of the documents being suspicious or not, why was the profit removed?
XE could put the account on hold until documents are verified, and if proven that the client is authentic then the hold can be removed and client has access to all his money including profit.
My vote...
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