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Forex time scam

Discussion in 'Scam Alerts' started by liteleto, Aug 18, 2012.

  1. liteleto

    liteleto Recruit

    Nov 3, 2007
    Likes Received:
    this broker is a scam broker that will never execute your stop orders or TP orders. they will wait until ur a neck deep in the negative then they will close your trade in a big negative to their own advantage.this is my personal experience with them.

    Closed Transactions:

    Ticket Open Time Type Size Item Price S / L T / P Close Time Price Commission Taxes Swap Profit
    1400205779 2012.08.16 17:29 sell 1.00 eurusd 1.23465 0.00000 1.23389 2012.08.17 09:48 1.23753 0.00 0.00 -0.50 -288.00
    0.00 0.00 -0.50 -288.00
    Closed P/L: -288.50
    they stopped me out with a big negative but when i checked the price at which i was stopped out i notice that price movement high was 1.23740 so i asked why my position was taken out at a point that price never reached and their explanation was that price in mt4 by default is usually the bid price.
    please people be careful when dealing with this broker.

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