1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Alpari fs is a total scam

Discussion in 'Scam Alerts' started by res123, Jul 7, 2012.

  1. res123

    res123 Banned

    Joined:
    Mar 31, 2012
    Messages:
    33
    Likes Received:
    0
    View attachment 5982

    AlpariFs is a scam .they took off 478 USD of my account by opening a pending order when the price was 40 pips away from the pending order .Even candle highest is 33 pips away at that time .At 15.30 .candle highest is 129.62 while my order was for 129.93 and when i complained they said they will reply soon .and kept lying for 2 months until I told them I am going to complain Cysec .then after 2 months replied with rubbish arguments ,now I will go to cysec and take further actions accordingly .

    I have attached the image so that traders could be alerted and do not open account with this scam .
     
    #1 res123, Jul 7, 2012
    Last edited: Jul 12, 2012
  2. res123

    res123 Banned

    Joined:
    Mar 31, 2012
    Messages:
    33
    Likes Received:
    0
    I attempted to withdraw 825 USD remaining amount ,they said their bank commission is 7.42 USD .so they deducted that 7.42 and sent remaining amount to me ,but I got only 782 USD .When I asked Why 36 USD is less in the sent amount they said you should ask our bank .how ridiculous is that ? When bank has already charged 7.42 USD then what is another 36 USD for ? and that too I should ask their bank as if I am the sender .
     
  3. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,668
    Likes Received:
    2,206
    If you are withdrawing by wire transfer, there often are some fees from the banks involved. Call your bank, give them the info on the wire, and ask if $36 is reasonable or not.
     
  4. FXCobra

    FXCobra Banned for uncivilized conduct

    Joined:
    Jun 30, 2012
    Messages:
    337
    Likes Received:
    4
    res123- I found nothing wrong in the filling of the pending orders by the broker because as I see the 1 minute candles show a quick fall filling the sell order then a quick spike filling the buy order, and I also see that it was at time of news releases as I recognize it at the open orders time show. So the spike up/down might be normal in such market conditions. So, it was a combination of your bad luck during trading news releases as the chart and time show.
    But, in other cases, don't know if the broker is a Real Scam or not, can't judge other than what you showed on the chart.

    For the withdraw fee(added), ask the broker and your bank if there was any intermediary bank involved which may clarify the reason of additional fee.
     
  5. Romeo

    Romeo Sergeant

    Joined:
    May 1, 2011
    Messages:
    239
    Likes Received:
    4
    Ask your bank to give you the transfer details. You should be able to see the exact amount that was transferred and the commission charged from your bank.
     
  6. res123

    res123 Banned

    Joined:
    Mar 31, 2012
    Messages:
    33
    Likes Received:
    0

    What are you talking about ? " So the spike up/down might be normal in such market conditions"

    The problem is not spike up or spike down ,if my order was intercepted by spike up or down or even had been close to spike ,I have had no problem . Spike Highest occurred 33 pips away from my order .

    Or you mean to say that in the name of spike or news ,broker can execute any order ,no matter how far it is located from spike .
     
    #6 res123, Jul 12, 2012
    Last edited: Jul 12, 2012
  7. FXCobra

    FXCobra Banned for uncivilized conduct

    Joined:
    Jun 30, 2012
    Messages:
    337
    Likes Received:
    4
    @res123

    Your broker way of showing orders is completely confusing. Why must it be buy in and sell out(do not like this style)
    Why not show in same line the order number, buy or sell, time, price closed at, profit/loss.
    At first, instantly thought that those are 2 orders:) because used of trading with the other style(same line)
    I checked the pending price of order quickly to refer that it's at time of news releases where market get mixed and you might see such spikes up/down where market condition differ than at normal times.

    However, if your pending buy order was at 129.934(by the way who buys at that price-anyway), as I see on the chart the price reached somewhere 129.97/98 at that time as the long top bearish candle show on the chart.
    So, the open price might be right but the exit price is the one not right because at that minute the low price of candle was somewhere at 129.75 not 129.17 as the closed order price show. You must judge the broker at this point I think.

    Any new about the transfer details??
     
  8. res123

    res123 Banned

    Joined:
    Mar 31, 2012
    Messages:
    33
    Likes Received:
    0

    The problem with you is that you are considering price action without time scale . Look into the chart ,at 15.30 the highest of candle is 129.62 ,and my order was for 129.93 ,but broker executed my order at the very 15.30 ,as soon as they opened wrong order I closed that order ,so close time is also 15.30 . Price reached 129.93 ( the opening price of my pending order ) at 15.34 ,4 minutes later . So now stop hijacking the issue .


    and this is MT5 ,not MT4 ,that is why it has different style of showing orders .

    and you said

    "However, if your pending buy order was at 129.934(by the way who buys at that price-anyway)"

    who are you to comment on my choice of price for buying or selling .I suspect that you are a genuine trader ,you must be a broker representative or having some kind of association with brokers .As I have read your other comments in other threads where you have defended brokers( scams) .First you defend them and lator on write a bit against them to make sure nobody come to know your reality .

    I would request FPA to check the origin of this the guy Fxcobra .
     
    #8 res123, Jul 12, 2012
    Last edited: Jul 13, 2012
  9. FXCobra

    FXCobra Banned for uncivilized conduct

    Joined:
    Jun 30, 2012
    Messages:
    337
    Likes Received:
    4
    Look "res123", you want to defend your case, do not attack other FPA members. If you have a Real case with your broker, you do not have to do that.
    What you showed on the chart is what I commented on.
    At the 15:30 as the dot line show, it was the bearish long candle that had a high of somewhere 129.97/98.
    But I know can't rely on this(dot line) because the time can be at another minute for that candle.

    So, instead of keeping us guessing!! if you want to show some transparency, take another screenshot moving your mouse to the long bearish candle to show what was the time of that candle.
    I can't predict that, you know what exact time it was but we do not, I'll not download your broker mt4 or mt5(never used, not practical anyway) to roll all the way back the 1 Minute chart to see what the time was 3 months ago.
    Where is the open price you talked about at 15:34 on the chart? Was it the long candle?, move the mouse to it. Show Candle Time

    It's your case, you might be totally right, not saying you're wrong, but why not remove any doubts by showing us the date on that long candle, by this you're making your case and point more solid against your broker and I'll be honestly happy for you.

    By the way, how was it you said: "as soon as they opened wrong order I closed that order"
    If you closed that order quickly, how was it shown with that 129.17(close price) and that loss!?
    Is this what you're trying to explain?
    You must mention every detail in your case, can't say broker or company cheated me and that's it.
    FPA says as much as you add more details as much your case will be more clear and solid.
    I had already wrote about your case more than you had done:)

    I'm no Genuine Trader, just started trading yesterday if you want:D but at least know basic forex rules that YOU DO NOT BUY AT OR VERY CLOSE TO PSYCHOLOGICAL LEVELS like 00 or 50.
    And, it was no any PSYCHOLOGICAL LEVEL but 130:confused: It was as if you're selling at 129.00 or 129.05:confused:
    Plus, after barely 4 minutes the price came up from low somewhere 129.05(there was a good buy), you waited all the way to 129.93 to Buy, all the prices between both prices were invisible to buy at any!!!
    Anyway, it's off-topic now, but just because you started the debate, I'm lightening on the point.

    You are threatening WHO?? and FOR WHAT?? You think my legs shakes reading your threats.
    To Kovacs in other thread, I just told him to not get afraid of his broker(they can do nothing, words in air no more), and other member was accusing me because I stand with the client against the broker for "Human Nature" reason!!
    I stand with the client because his case is right & clear.
    For you to come and attack me saying I defend brokers;), are you kidding me??!!!

    Hijacking what issue, I'm helping you, can't you see:cool:, what are you afraid of anyway!
    You want to Solid your case, do with my simple suggestion if you have some humble to accept advice that is for your benefit if you can see that:cool:
     
  10. res123

    res123 Banned

    Joined:
    Mar 31, 2012
    Messages:
    33
    Likes Received:
    0
    Look "res123", you want to defend your case, do not attack other FPA members. If you have a Real case with your broker, you do not have to do that.
    What you showed on the chart is what I commented on.
    At the 15:30 as the dot line show, it was the bearish long candle that had a high of somewhere 129.97/98.
    But I know can't rely on this(dot line) because the time can be at another minute for that candle.

    .


    The whole chart from 14.36 to 16.34 on 4th MAY is there .What more are you looking for ?Which dot line are you talking about ? and candle highest at 15.30 is 129.62 ,not 129.97 . Just point on that dot line and send picture to me ,I would be immensely grateful to you .OR may be you want to learn How to read a forex chart .

    And I don't need to attack any member . your activity is suspicious that's what prompted me to ask FPA to verify you .I don't know you personally ,I only have known your comments which try to divert attention from the prime issue .


    I'm no Genuine Trader, just started trading yesterday if you want but at least know basic forex rules that YOU DO NOT BUY AT OR VERY CLOSE TO PSYCHOLOGICAL LEVELS like 00 or 50.
    And, it was no any PSYCHOLOGICAL LEVEL but 130 It was as if you're selling at 129.00 or 129.05
    Plus, after barely 4 minutes the price came up from low somewhere 129.05(there was a good buy), you waited all the way to 129.93 to Buy, all the prices between both prices were invisible to buy at any!!!
    Anyway, it's off-topic now, but just because you started the debate, I'm lightening on the point.


    Good to know you are a Pycological trader but I don't trade ,not only I but many more ,taking into account your so called Psychological levels .



    So, instead of keeping us guessing!! if you want to show some transparency, take another screenshot moving your mouse to the long bearish candle to show what was the time of that candle.
    I can't predict that, you know what exact time it was but we do not, I'll not download your broker mt4 or mt5 (never used, not practical anyway) to roll all the way back the 1 Minute chart to see what the time was 3 months ago.
    Where is the open price you talked about at 15:34 on the chart? Was it the long candle?, move the mouse to it. Show Candle Time

    By your above comment it is proved that you don't know how to read forex chart ,you are asking me to show the time of a particular candle ,you must know that all times are there on X axis .and they are very much visible on my chart .
     
    #10 res123, Jul 13, 2012
    Last edited: Jul 13, 2012

Share This Page