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Estocks new scam

Discussion in 'Scam Alerts' started by tinyt00fy, Dec 29, 2011.

  1. tinyt00fy

    tinyt00fy Private

    Feb 25, 2009
    Likes Received:
    Hello everyone ,

    Estocks.com is a new broker introduced to the market who claims they are STP broker , anyway i opened a new small account with them to try their trading environment and asked them before i deposit if they allow scalping and EA trading and they said yes because they have variable spread , so i deposited 500 USD and i used my scalping EA which i programmed by myself and traded for about 2 months but the market was a little bad for me so my account went down to 90$ and they was happy that they even called me to see if everything is fine i said yes no problem , and i continued trading until the market turned a little fine for me and i managed to get my deposit back + 79$ profit only ,
    then i saw some bad reviews on FPA so i decided to withdraw my money but then they began complaining about my EA and said that i should've taken their permission before i can trade with EA ( WTF ? ) i already asked many times and they was happy with my trading but as all may know that's what brokers say to take away your money ,
    i even told them its ok if you send me the deposit only without the 79$ profits and they refused .

    anyway ,
    take care guys when you are dealing with Estocks.com

  2. Pharaoh

    Pharaoh Colonel

    Oct 3, 2007
    Likes Received:
    Make sure to leave them a review so that everyone can know what they did. Also, let them know about this discussion thread.
  3. 4scalpex

    4scalpex Private

    Jul 25, 2011
    Likes Received:


    I have the same problem with estocks. I used scalping EA and after small profit my account was disabled and i received email with Settlement Agreement from estock where I can withdraw only 1000$ !!! but I deposited 1360$ + small profit. They ignored all my emails and when I tried to chat with support I was rejected, because as they told me I SPAMMED THEIR SUPPORT SERVER when I asked for explanation.
    Also I can't post any statement on forum!!! It is against their SA.

    I said OK, signed SA and sent it back. But nothing!

    I waiting for my funds now.

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