fpa confirmed scam

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    Bit Trader Zone Scammer

    Hi Sir, I invested in this Bit Trader Zone company... I invested 500usd in this company,at the time of opening the account they said After receiving profits you have to give 20%commission so i invest in this company but after completing 7days trading they was asking 20%commission....my profits...
  2. AsstModerator

    CityEQ.com - Clone Attack on Client Funds

    CityEQ.com Clone Attack on Client Funds FPA member Beneissa's money should have been safe. An unsolicited call from CityEQ.com came in. The company claimed to be a forex broker and gave a link showing a valid UK FCA registration for City Equities Limited. Beneissa sent in a...
  3. AsstModerator

    Forex-Metal – When Will You Pay Your Customers?

    Forex-Metal – When Will You Pay Your Customers? Forex-Metal used to be a quiet broker. A few years ago, there was a huge wave of spam for Forex-Metal.com in the forums. Other than keeping Spam Cat busy, they didn't make much of an impression on me, until the withdrawal complaints began. FPA...
  4. AsstModerator

    GOptions – A Binary Broker That Prefers Attacking Over Resolving Problems

    GOptions A Binary Broker That Prefers Attacking Over Resolving Problems FPA members Ruseneca, Tomjersey, and VicChan all reported issues with the GOptions. GOptions doesn't seem to understand how the FPA works. When Ruseneca's Traders Court case about a dispute over a no-deposit bonus was...
  5. AsstModerator

    NRG Binary - Another Binary Options Scam Broker

    NRG Binary Another Binary Options Scam Broker NRG Binary got a suspiciously high number of complaints at the FPA. At first, the company's representative, Lance Graham, stepped in and managed to fix some of the complaints. Later on, his role seemed to shift to delaying clients as long as...
  6. AsstModerator

    XPMarkets and OptiMarkets – Deposit-Only Binary Brokers

    XPMarkets and OptiMarkets Deposit-Only Binary Brokers I wish more companies would resolve issues instead of scamming traders. I've got one more of these to write, and at least one more company is due for a Scam Finding very soon. :( From everything I can tell, XP Markets and OptiMarkets are...
  7. AsstModerator

    FxSystems - The Center of a Web of Scam

    FxSystems The Center of a Web of Scam Sorry this is late. Things have been very busy at the FPA, so Scam Findings are a little behind. I promise to make up for it with some good news about the fate of these companies. :) I thought it was odd when FXSystems.com bought up 1LotSTP.com...
  8. AsstModerator

    Everest Markets and Max Fuller – A Mountain of Excuses

    Everest Markets and Max Fuller A Mountain of Excuses Everest Markets and Max Fuller know how to make certain to get my attention. The company was first submitted to the FPA by what appears to be a client review in early October 2012. A second review from the same location came in during...
  9. Scam Investigations Committee

    NetoTrade's Issues Keep Adding Up

    NetoTrade's Issues Keep Adding Up NetoTrade already did more than it should to draw the attention of the FPA. In April of 2012, a fake client review was left from their offices in Israel. Then another fake one came in from their Cyprus office in June 2013. A third fake review was submitted...
  10. Scam Investigations Committee

    NetoTrade.com

    FPA Scam Finding against NetoTrade.com We the members of the Scam Investigations Committee of the Forex Peace Army have deliberated on all the evidence available to us and have reached a conclusion. It is our opinion that... During 2012 and 2013, NetoTrade employees were caught leaving 3...
  11. Scam Investigations Committee

    4XP, What Went Wrong With Your Company?

    4XP What went wrong with your company? There are 2 usual ways for a broker to earn a scam finding. The first is to slowly mistreat trader after trader until the FPA has no choice but to give a scam finding. This sometimes involved delaying payments, but usually just enough traders get paid...
  12. Scam Investigations Committee

    HFX.com

    FPA Scam Finding against HFX.com We the members of the Scam Investigations Committee of the Forex Peace Army have deliberated on all the evidence available to us and have reached a conclusion. It is our opinion that... HFX already had the attention of the FPA because of their actions in in...
  13. Scam Investigations Committee

    4500 Euros and no refund option. Scam or not scam?

    EDIT: The FPA tries to stand firmly against scam. Now, we have become the victims of scam. We left this poll open to guests so that we could get the maximum amount of votes from our subscribers. It seems that a handful of people decided to vote many times. The site administrator dug through...
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