Broker XM scandal after scandal

anouartrader

Recruit
Messages
4
The XM scandals include its subsidiary MyFxBook.com


Closure of operations, obstacles in cash withdrawals, "audited" accounts that can be erased, are just some problems that traders have to deal with, and it is not for less, because we have already commented previously that XM is a broker unreliable to be Market Maker, and worse, if it is the broker behind the famous site of “audits” that many pardillos consider the anti-fraud panacea, but nothing is further from reality, and the reality is that we have seen Over the years, that accounts that cease to be profitable or merged, disappear from public view, which represents a stupid reverence and an assault on common sense,

Fatty traders such as Walter López or Paul Esteban Espinoza Leiva, show their respective histories on the MyFxBook.com platform but in the case of Paul Leiva, he erased his record once the account with his clients' capital was melted that was around 50 thousand dollars, then the public became private or was simply deleted, so ... what the hell is an audit for if you can't see the failures that the trader and / or system have had? What Paul Leiva did was simply go with another broker who "audited" him, it is precisely the broker he has been working with for a long time. Records or histories should not be able to be hidden or deleted, because in fact they return to the platform totally unusable and worthy of mockery.

Turning to the theme of Walter López that promotes a team called TradingArg for the inmarketfx broker,
said broker has a history of manipulation (separate issue), recently this megalomaniac was associated with a group of vendors, who manage an alleged group of Anti scams or anti fraud on Facebook, names like Julian Trader, Dan Aguirre, and other alias, the anti-fat trader, they were endorsing the Walter Lopez copy trade service quoted at $ 5,000, the supposed service is based on a high-frequency robot and that presuming to have passed all the tests of the supposed group of “anti scams”, showing “unlikely” data published on the MyFxBook.com audit site, remember that the audit site belongs to the XM broker










It happens that a person questioned Mr. Almighty guru about a doubt of the data shown in the history, to which the almighty expert guru mentor and master of the universe Walter López replied with a ban, blocking and expulsion of the group (because at that time WL was moderator of the group, as well or more exhibited), they send me the fact, and I answer because if there is nothing to hide, nobody who is selling a service can respond in that way, because it entails a potential risk for people's savings When I got involved in the subject, I see that this character has a chain of accomplices, one that serves as an active client (Sergio Alvarado Sanz) already of the service and that covertly promotes it, as Paul Leiva did at the time , so I put it in the same basket, the surprise was to learn that the administrators of the supposed group of anti scams, began to defend the expert guru his generous and charismatic highness of Walter Ló fish, but that is not the most rugged, and the issue has already escalated, other administrators of the group also recommended Walter López to show other types of evidence other than the screenshots shown, with the intention of finally ending the matter, however , the great megalomania of all these characters caused those rebel administrators to be expelled very Hitlerian style, so that they never dare to question the brightest star in the sky named Walter Lopez, because questioning anything is mortal sin which is paid with the immediate ban of the group.
On the other hand, the aforementioned characters tried to convince me that their master and lord had no stains, turning their backs on their own members, on the ethics and reality of the current trading situation, the anti-fat trader argues that The poor unhappy man was forced by the pressure of the people who demanded that he publish profitable forex services (poor thing), along with publishing "scams", well under that context, I strongly recommend the anti-trader fatuo to go better and join Binary Options Guardian, or LiveForexyBinarias.com, or binaryOptionsWatchDog,
which are fatuous sites of "Anti Scams" that promote other scams, their own scams. Because they are sold.

Also to tell you that Esther Martin Rata, from the site www.vivirdeforexybinarias.com whose scandals we have aired in another article was promoting the services of this mentor Walter López and his minions, so we can only assume, that we are already talking about the "union "a criminal organization that is dedicated which is dedicated to financial fraud, fully involved in these "companies." Because we also remember that Esther Martin Rata who at the time also supported the scammer Jairo Santellan
the good Jairo has just cheated again just beginning the year 2019, the money of certain people who trusted him disappeared, and now he is hiding. Well, those kind of people recommend our friend Esther Martin Rata. So be very careful friends, and do not lend your wallet to these tipejos.












So if you cannot trust the XM broker then it is also not good to trust is your MyFxBook audit site, and I am very sorry for the parishioners for being talking badly about their "bible."
Paul Leiva and Walter López are only 2 examples, but they are not the only ones.



False Traders promoting trading in XM

We have the Case of Roberto Redtrelles a super fat trader of Facebook, that a simple moving average and a sad RSI intends to form successful traders, just as Juan Diego Gomez did at the time,
It happens that the character Roberto RedTrelles widely promotes the use of Brokers Market Maker, mainly who was his direct employer XM through his site of “investors” https://plusinversores.webnode.es/xm-group/ this kind of pseudo mentors they are a plague for trader candidates, and none of these applicants should get involved with brokers market maker, much less pay a single euro to mentors who promote such brokers, since no serious trader candidate should consider playing in simulations of this type of brokers
As a basic rule of every aspiring trader is to first recognize which are Market Maker brokers and avoid operating in them at all costs, and obviously that mentor who recommends operating in MM is a lousy mentor and possible employee of these pseudo brokers.







XM “eats” 250,000 Dollars

It is a common practice of MM brokers to initially allow the individual to win to “get excited”, and to take confidence in the broker, but sometimes (and not rarely) the matter gets out of control, and the broker starts to close operations, to trick or ignore movements, simply because the software used allows them to do so, the affected character named Anouar Andalous mentions having made an initial deposit of 10 thousand dollars and that made them grow staggered until reaching the amount of 250,000 USD but ... what person deposits an initial amount of those dimensions in a Market Maker broker ?, but hey, although in his own words he agrees to know in advance that XM is a Market Maker, then; Did you think that by exhibiting the broker's regulations, he will act ethically?
Anouar Andalous "the trader who trusted the Market Maker" The legal battle is just beginning to try to get the amount supposedly won, from here we wish him all the luck in the world, and we urge him not to be so credulous with these financial beach bars.


Dear, it was obvious that such a large amount does not go unnoticed by these casinos, so I insist again and again to meet the MM brokers; Do not take it superficially, because there is money involved, and it is not my money, it is yours. Hopefully this little honest review will help you at least something about everything that happens around this broker.

From here we do not recommend using XM as a broker if you do not want to have problems with withdrawals or sabotage in your operations, in addition XM is regulated in tax havens where the laws are in favor of it.

Share this video and let's make it viral so that no more people fall into this kind of scams.

VIDEOS ANOUAR SCAM XM.COM :
 

4evermaat

2nd Lieutenant
Messages
1,982
because we have already commented previously that XM is a broker unreliable to be Market Maker, and worse, if it is the broker behind the famous site of “audits” that many pardillos consider the anti-fraud panacea, but nothing is further from reality, and the reality is that we have seen Over the years, that accounts that cease to be profitable or merged, disappear from public view, which represents a stupid reverence and an assault on common sense,

1) This is your first post on FPA. where have you commented before about XM (formerly XeMarkets, and newer name Trading.com)? Do you have a link or screenshot?

The XM scandals include its subsidiary MyFxBook.com
......showing “unlikely” data published on the MyFxBook.com audit site, remember that the audit site belongs to the XM broker...


2) Is MyFxBook part of XM / Trading Point of Financial Instruments? I know XM advertise heavily on MFB, but not sure if they own them. Can you provide a link or screenshot that shows this?

I have contacted MFxB and they have informed me that XM is only an advertising sponsor, not an owner of their business.

From my experience, MyFxBook users have control over whether their trading record is public or private, and the entire record can be deleted if the user no longer wants to track a particular account. Just one or two clicks in the account management section.

XM “eats” 250,000 Dollars

It is a common practice of MM brokers to initially allow the individual to win to “get excited”, and to take confidence in the broker, but sometimes (and not rarely) the matter gets out of control, and the broker starts to close operations, to trick or ignore movements, simply because the software used allows them to do so, the affected character named Anouar Andalous mentions having made an initial deposit of 10 thousand dollars and that made them grow staggered until reaching the amount of 250,000 USD but ... what person deposits an initial amount of those dimensions in a Market Maker broker ?, but hey, although in his own words he agrees to know in advance that XM is a Market Maker, then; Did you think that by exhibiting the broker's regulations, he will act ethically?
Anouar Andalous "the trader who trusted the Market Maker" The legal battle is just beginning to try to get the amount supposedly won, from here we wish him all the luck in the world, and we urge him not to be so credulous with these financial beach bars.

3) I assume you are Anouar Andalous who got 250k USD removed from your account? Can you be specific as to how they stole this money (in english)?

- Dates and times of the initial 10k (and all other deposits) and the withdrawal request would be helpful.​
- Perhaps generating an account statement and posting it here would also be beneficial. have a look here on how to do this properly: https://www.forexpeacearmy.com/comm...ccount-trade-history-statements-part-1.63543/
- Why did you deposit with a broker that has a history of unresolved complaints and market maker? (greed/gambling impulse overly triggered??)​



4) write a review of your experience here: https://www.forexpeacearmy.com/forex-reviews/7214/xm-forex-brokers?per-page=50


5) XM Global are regulated by Belize' IFSC. But also apparently regulated in UK FCA and in the Au ASIC . Maybe if you can show you intended to sign up there, you can complain to those regulators (or their ombudsman).

6) If you were following FPA earlier, you would see the unresolved cases of XM, such as

Live video proof that they delayed orders up to 5 minutes per request to throw off a grid and cause the client to lose.

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7) Familiarize yourself with how the FPA trader's court process works to help you achieve justice: https://www.forexpeacearmy.com/community/threads/new-traders-court.58022/ Your honest and complete participation plays a key part of the process.


8) in 96 hours, you may formally invite the company to this thread. Familiarize yourself with the invite process: https://www.forexpeacearmy.com/comm...how-to-invite-a-company-to-your-thread.58438/

9) do not abandon your own thread. You must return here to check again every 7 days to see if there are any new questions, or if you have any updates to report.

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@anouartrader You have some homework now that will take about 30-45 minutes to complete. Please do not skip any steps.

Reply back here with your homework answers. Thank you.
 

anouartrader

Recruit
Messages
4
1) This is your first post on FPA. where have you commented before about XM (formerly XeMarkets, and newer name Trading.com)? Do you have a link or screenshot?
 

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anouartrader

Recruit
Messages
4
In the videos that I uploaded especially in the 9000 visit I show the Metatrader 4 account in XM and show the complete history, I no longer have access to the MT4 account because XM deleted it. I only have the records sent by the broker after each negotiation session.
 
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