FPA Scam Finding
against
MFX Broker
Three Traders recently brought formal complaints against MFX Broker.
FPA Member Polinky could not get a withdrawal processed. MFX Broker's representative to the FPA publicly assured Polinky that the issue was being considered by executive management...
FPA Scam Finding
against
CityEQ.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...
There is now one FPA Traders Court guilty verdict against this company...
FPA Scam Finding
against
Forex-Metal.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...
There are now a total of 3 FPA Traders Court guilty verdicts...
FPA Scam Finding
against
GOptions.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...
Overview
There are now a total of 3 FPA Traders Court guilty...
FPA Scam Finding
against
NRGBinary.com
and the related sites
TitanTrade.com and NordexTrading.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...
NRG Binary...
FPA Scam Finding
against
XPMarkets.com and OptiMarkets.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...
XP Markets and OptiMarkets appear to be closely...
FPA Scam Finding
against
FxSystems.com
and its subsidiaries
1LotSTP.com, 1PipFix.com, 2PipFixed.com, 4RunnerForex.com, and LoyalForex.com
and its claimed regulator
NFACS.org
We the members of the Scam Investigations Committee of the Forex Peace Army have deliberated on all the evidence...
FPA Scam Finding
against
EverestMarkets.com
and
Max Fuller
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...
Everest Markets first drew the FPA's...
Capital One Forex and Samir Beool
Why Don't You Pay Your Clients?
The list of problems with CapitalOneForex is long. The primary problem is failing to pay traders all money owed in a timely fashion, if at all. If this was the only issue, the FPA Scam Finding would have been published as soon...
CapitalOneForex.com and Samir Beool
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...
The FPA's problems with Samir Beool started before the existence of...
FPA Scam Finding
against
YouTradeFx.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...
YouTradeFx employees have a history of providing incorrect...
YouTradeFx Breaks Too Many Promises and
Makes Too Few Payments To Clients
YouTradeFx has been on the FPA's radar screen for a long time. Recently, things went completely out of control.
First, a little history.
The FPA became aware that YouTradeFx had some connections to the...
FPA Scam Finding
against
Forexoma.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...
Other than not giving consistent answers to the FPA about whether or...
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...
It's Time to Call the UFX Kiss of Death a Scam
There are a lot of stupid broker tricks out there. A lot of bad brokers do things like rig the slippage against you or requote you unnecessarily to make you take a worse price. There is only one broker we know of that has earned a special...
There is no way to Apologize for
Forex-Age's Scam
In April of 2012, Nasser2020 filed an FPA Traders Court case against Forex-Age. They were refusing to let him withdraw about $4000 that was in his account. His initial attempt to withdraw money in the middle of February was first delayed by...
Plundering EAs to Make Signals
Another Form of Piracy
I've seen pirates selling illegal copies of EAs. I've seen pirates subscribe to one signals service and resell the signals as their own. This time, the pirate decided to skip the monthly fees. Instead, he bought copies of at least 4...
Rizwan Awan Gets His Third Strike
TrendsFx.com Managed Accounts Scam
In February 2012, a new Performance Test submission came in for Trends Fx from Pakistan while the company was claiming to be in the United Arab Emirates. That rang a bell with me, so I asked testing to hold off on...
New Name, Same Scammer
Omari and Prime4x Return as CommexFx and CommexTrade
The FPA doesn't like to call for destruction of a company. Everyone here hopes that even the worst forex company will eventually realize that there are more profits to be made from happy customers than from ripping...
IFTI Service – Failure Across the Board
In 2011, the FPA welcomed I.F.T.I. Service back into the FPA's Performance Testing Program. It took them 4 weeks to wipe out the account. The excuse given was that the lot size had been set wrong. Examination of the trading history shows that lot...
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