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

Easy Forex Scam

Discussion in 'Scam Alerts' started by raban, Jun 18, 2008.

  1. raban

    raban Recruit

    Joined:
    Jun 18, 2008
    Messages:
    5
    Likes Received:
    0
    A website was recently published that uncovers scams that took place in Easy-Forex in the years 2005-2007 which robbed the money of many of their clients through false forex trades.
    The URL: Easy-Forex

    The information presented in this website is based on a book that is backed-up by dozens of taped discussions that were transcribed after being tapped during the years 2005-2007 with Easy-Forex personal and customers.

    You all must see this website. If you are new to Forex go through all the steps in the website: It starts by explaining how Forex companies makes money and why some of them have conflict of interest with their customers. It then explains how easy-forex rewards their agents- this is something crazy.
    Next it brings transcripts of 3 discussions: the first is with a former easy-forex agent; the second of an easy-forex agent talking to a customer, and the third is a victim of this agent.

    As stated in the website, it is not clear that the "net deposit" rewarding method is illegal, but knowing about it, and knowing the simple fact that easy-forex stands on the other side of the deal, and therefore wants you to lose, is something people should know about

    People should also know that such rewarding method means that easy-forex is not only hoping or praying you lose, they actually doing something about it. This is good enough reason not to deal with these people.

    AMAZING
     
  2. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,619
    Likes Received:
    2,181
    A book on a forex scam? I read the website. Where do I get a copy?
     
  3. raban

    raban Recruit

    Joined:
    Jun 18, 2008
    Messages:
    5
    Likes Received:
    0
    The book needs to be translated into English first. The Hebrew version will be published after the court in Israel will ask us to reveal our evidence. Of course we showed part of the evidence in the wabesite. For example, The proof of crime # 1 is a proof of a criminal action by easy-forex, Yet we thought its time that people will know who is behind easy-forex: Enough people were victimized by this company.
     
  4. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,619
    Likes Received:
    2,181
    Do you have a court hearing scheduled yet? Get any good offers from publishers?
     
  5. raban

    raban Recruit

    Joined:
    Jun 18, 2008
    Messages:
    5
    Likes Received:
    0
    The court hearing is scheduled for Feb 2009, so I assume the book can be published next year. I have not looked for a publisher for the English version yet. Any ideas?
     
  6. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,619
    Likes Received:
    2,181
    One or two. I've edited a couple of books and have figured out a few to avoid. A lot of it depends on how much of the marketing you want to do.
     
  7. DummyRun

    DummyRun Recruit

    Joined:
    Nov 23, 2011
    Messages:
    1
    Likes Received:
    0
    Looking Back...

    So that was a few years ago. I clicked the link for the person with the grievance against Easy-Forex and guess what, the site had been taken down. Since then, no further conversation on this site... So what happened? Of course, I presume Easy-Forex won that particular battle. Did they win the war? Did the 'expose' book get written...?
    There are some interesting comments from well-known traders that it is common for Brokers to trade against their own registrants... Life sucks...Business is cut throat... What else is new?
    These days Easy-Forex offer free trading training to newbies. Any comments on this?
     
  8. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,619
    Likes Received:
    2,181

Share This Page