francoi
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AGREEMENT IN PROCESS
My name is Franco Augusto, I trade with my partner Michael Arruda, and we waited for a solution from this "Broker" for 2 months. They blocked my account without tell me a valid reason, just because we had made a lot of money. Here it's the full history:
First of all, sorry for my english, I am brazilian.
I was invited to trade in a Chinese liquidity provider for a man named Marcelo Silva, from China as well. He said he was trading there for some months and that was really good. Next me and my business partner Michael started scan the APBG website (www.apbg.com), and from website Michael added the support in skype, and started chat with Peter Edwards (COO of APBG).
We opened a Demo account and we liked it too much, even because sometimes the prices of different banks did negative spreads and Michael talked to Peter about that, asking if was ok trading in negative spreads, if the real account was like Demo account, and Peter always had a positive answer. So we've made 100% of profit in 2 days using negative spreads (100k became 200k in 2 days). Michael showed that to Peter, and his answer was positive as usual, this time he say something like that "real account is same of demo account, deposit your money and make as much as you can, and all we be happy", he always told us "your order go directly to market, so what you make is what you make!"
Next, I opened a account in my name and deposited USD 1,000 to test, and firstly we noticed the spreads were higher in real than Demo, had negative spreads sometimes though, but really fast. So we started to trade on the news as we know, having a amazing results, because we didn't have slippage or requote never. We had made about 600% of profit in two weeks.
I was always talking to Marcelo by skype, and he talked to Peter often. And this time he said Peter was a little intrigued about our profit and he had asked him sometimes what we do. At this time we
started trade in Marcelo's account having the same good profits.
Next, Peter invited me to manage a account of him, he even used the term "Franco Cassino" to describe my profits, he talked about I manage 1 million dollar and would send a email with a formal proposal in next day. But when I received it, his proposal was not interesting to us and we refused it.
about 20 days after the begining we had made about 1000% of profit, and on a Friday (09/17/2010) in the market closing time, the negative spreads started show up, and I started click buy and sell to make profit in spreads In fact I remember that Peter said the prices showed was the real price of market, and my orders would go directly to Market, so what I earn is what I see earning.
I thought that would end quickly and I tried made as much profit as I could, When I had made about USD 180,000 I start record the video just in case, because that was a really huge profit and they could think I had some bug in my account, then i recorded to show that I was really trading and that huge profit was not a bug of my account or some issue.
I talked to Marcelo on saturday, and he talked to Peter. Marcelo said that I pissed Peter off, quoting Peter words according Marcelo "Franco is playing games with the banks, he is not being serious, who he thinks he is?" I really did not understand this, because according agreement I did nothing wrong. In agreement did not say that I could not trade in negative spreads.
So on Monday I received a email by Peter saying my account was blocked to investigation.
I replied the email pacifically asking some questions, but I was not been replied. So to avoid more difficulties we sent a email admitting we were wrong and we only wanted our USD10,000.
According Marcelo, Peter always said "I am working about that, let's see next week", but I did not understand why he did not reply my email or answer me in skype, he started avoid me.
He only replied me in Skype when I said about contact authorities, and he tried to be the victim, saying that if we were more calm and pacific all would be solved, and that we were wrong, that we could go to black list of all brokers and so forth.
Below I have all emails that me and Peter exchanged, and the video of most of orders. (Luckily we always liked record our trades to analyze better what happened)
The email where Peter said my account was ready to trade
Here was my difficult when I tried withdraw for the first time, it was really troublesome though
Here what Peter proposed to me about trading his account
Here when he said my account was blocked
I sent two emails explaining what I did, and asking some
question.
I wanted receive my money fast, so I gave up of total amount to try receive the usd10k ASAP
20 days later I receive this email
and after I have said I would contact the authorities I received this
I had found a partner in Panama and I was will to solve things pacifically and I sent this without reply
Then after I see they was not showing that interest to help ourselves, I sent the followed emails
Below I have 7 videos of some trades on news, showing how I started with 1,000 and become 10,0000 and the last video is the negative spreads.
(watch the videos in 720p to be able see the numbers)
$61 of profit
$390.62 of profit
$1654,16 of profit
$642 of profit
$2088 of profit
$533 of profit
$3520 of profit
Negative Spreads
I really Hope you guys can help me =)
thanks in advanced
PS: The print of emails is not showing in this topic, here is all emails is a rar file -> http://www.megaupload.com/?d=YVZ0UWSV
My name is Franco Augusto, I trade with my partner Michael Arruda, and we waited for a solution from this "Broker" for 2 months. They blocked my account without tell me a valid reason, just because we had made a lot of money. Here it's the full history:
First of all, sorry for my english, I am brazilian.
I was invited to trade in a Chinese liquidity provider for a man named Marcelo Silva, from China as well. He said he was trading there for some months and that was really good. Next me and my business partner Michael started scan the APBG website (www.apbg.com), and from website Michael added the support in skype, and started chat with Peter Edwards (COO of APBG).
We opened a Demo account and we liked it too much, even because sometimes the prices of different banks did negative spreads and Michael talked to Peter about that, asking if was ok trading in negative spreads, if the real account was like Demo account, and Peter always had a positive answer. So we've made 100% of profit in 2 days using negative spreads (100k became 200k in 2 days). Michael showed that to Peter, and his answer was positive as usual, this time he say something like that "real account is same of demo account, deposit your money and make as much as you can, and all we be happy", he always told us "your order go directly to market, so what you make is what you make!"
Next, I opened a account in my name and deposited USD 1,000 to test, and firstly we noticed the spreads were higher in real than Demo, had negative spreads sometimes though, but really fast. So we started to trade on the news as we know, having a amazing results, because we didn't have slippage or requote never. We had made about 600% of profit in two weeks.
I was always talking to Marcelo by skype, and he talked to Peter often. And this time he said Peter was a little intrigued about our profit and he had asked him sometimes what we do. At this time we
started trade in Marcelo's account having the same good profits.
Next, Peter invited me to manage a account of him, he even used the term "Franco Cassino" to describe my profits, he talked about I manage 1 million dollar and would send a email with a formal proposal in next day. But when I received it, his proposal was not interesting to us and we refused it.
about 20 days after the begining we had made about 1000% of profit, and on a Friday (09/17/2010) in the market closing time, the negative spreads started show up, and I started click buy and sell to make profit in spreads In fact I remember that Peter said the prices showed was the real price of market, and my orders would go directly to Market, so what I earn is what I see earning.
I thought that would end quickly and I tried made as much profit as I could, When I had made about USD 180,000 I start record the video just in case, because that was a really huge profit and they could think I had some bug in my account, then i recorded to show that I was really trading and that huge profit was not a bug of my account or some issue.
I talked to Marcelo on saturday, and he talked to Peter. Marcelo said that I pissed Peter off, quoting Peter words according Marcelo "Franco is playing games with the banks, he is not being serious, who he thinks he is?" I really did not understand this, because according agreement I did nothing wrong. In agreement did not say that I could not trade in negative spreads.
So on Monday I received a email by Peter saying my account was blocked to investigation.
I replied the email pacifically asking some questions, but I was not been replied. So to avoid more difficulties we sent a email admitting we were wrong and we only wanted our USD10,000.
According Marcelo, Peter always said "I am working about that, let's see next week", but I did not understand why he did not reply my email or answer me in skype, he started avoid me.
He only replied me in Skype when I said about contact authorities, and he tried to be the victim, saying that if we were more calm and pacific all would be solved, and that we were wrong, that we could go to black list of all brokers and so forth.
Below I have all emails that me and Peter exchanged, and the video of most of orders. (Luckily we always liked record our trades to analyze better what happened)
The email where Peter said my account was ready to trade
Here was my difficult when I tried withdraw for the first time, it was really troublesome though
Here what Peter proposed to me about trading his account
Here when he said my account was blocked
I sent two emails explaining what I did, and asking some
question.
I wanted receive my money fast, so I gave up of total amount to try receive the usd10k ASAP
20 days later I receive this email
and after I have said I would contact the authorities I received this
I had found a partner in Panama and I was will to solve things pacifically and I sent this without reply
Then after I see they was not showing that interest to help ourselves, I sent the followed emails
Below I have 7 videos of some trades on news, showing how I started with 1,000 and become 10,0000 and the last video is the negative spreads.
(watch the videos in 720p to be able see the numbers)
$61 of profit
$390.62 of profit
$1654,16 of profit
$642 of profit
$2088 of profit
$533 of profit
$3520 of profit
Negative Spreads
I really Hope you guys can help me =)
thanks in advanced
PS: The print of emails is not showing in this topic, here is all emails is a rar file -> http://www.megaupload.com/?d=YVZ0UWSV
or http://rapidshare.com/files/428508876/Emails.rar
You can find my contacts in my details or Michael phone and skype at http://apbgscam.blogspot.com
UPLOADED APBG BANK ACCOUNT INFORMATIONS
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