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Been scammed by a Cyprus Broker? New instructions from Cysec

Discussion in 'Scam Alerts' started by AsstModerator, Oct 28, 2015.

  1. IrwanI

    IrwanI Master Sergeant

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    Agree with you,
     
  2. paulm1162

    paulm1162 Sergeant

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    definitely
     
  3. Pharaoh

    Pharaoh Colonel

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    Why speculate? Drop over to a friend's house, borrow the computer, go to UFX live chat, pretend you are a new potential client who wants to make a deposit, and ask them about regulation. If they still have an active Cysec license, they'll be very happy to brag about it.

    Personally, I find the information form Cysec to be very good. Now traders can complain of abusive practices to Cysec itself and can use the Cyprus Financial Ombudsman to try to get their money back. Cysec itself has been slowly expanding it's grip of the companies that it used to allow to abuse innocent traders. I still consider Cysec regulation to be sub-standard, but am very happy to see that they are trying to improve.
     
  4. IrwanI

    IrwanI Master Sergeant

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    Yes Sir
     
  5. oscarra

    oscarra 2nd Lieutenant

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    YES….BUT they can block various accounts…..and so on…
    Especially knowing lots of illegal Payment Service providers are also located there !

    Very good NEWS
     
  6. henyo

    henyo Master Sergeant

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    this news will turn some heads, brokers will be more wary of their actions while legit complaints will be easier to deal with.. that 7500 vgasper main is still money earned even if you did not deposit much. if they are regulated with CySec then by all means give it a shot.
     
  7. Pharaoh

    Pharaoh Colonel

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    Keep up the complaints both to Cysec AND the Cyprus FOS.

    CommexFx, owned by Omari (the same scumbag who owned Prime4x and still who knows how much money), is down. I suspect a combination of Omari getting to spend some quality time in an Egyptian prison along with Cysec suspending Commex's license contributed to this.
     
    veri5 likes this.
  8. bigdolly

    bigdolly Sergeant Major

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    I think no concrete actions are taken by them its just to become more "trustful" in the eyes of companies and investors..
     
  9. oscarra

    oscarra 2nd Lieutenant

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  10. vgasper

    vgasper Sergeant

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    ""DearMr. _______ ,

    In reply to your e-mail received on the 29th of October 2015 we are forwarding to you attached to this e-mail the complaint submission form, which you have to print it and fill it according to the general information found on the first page of the form.
    The Complaint Form can be submitted by e-mail and must beaccompanied by a receipt of payment of the fee of twenty euro (€20).
    If you have anyquestions when completing your application please do not hesitate to contact the Financial Ombudsman Office for any further clarifications, office phone number +357 22848900
    Thank you
    Financial Ombudsman Office""

    This is their answer - first pay 20 EUR then they will see...
     
: cysec

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