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FXCM - Potential Stop Loss Hunting / Spiking Victim - RESOLVED

Discussion in 'Resolved Issues' started by nfaris, May 15, 2011.

  1. nfaris

    nfaris Private, 1st Class

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    Dear FPA Members,

    PLEASE, SERIOUSLY BEWARE.

    I have posted this thread because I believe that I have been the victim of Stop Loss Hunting / Spiking by FXCM MENA (this is basically FXCM in the Middle East which reports to FXCM USA based on my communication with them).

    Please note that I believe in Innocent until proven guilty and therefore I make no claims or conclusions until I have presented the case to FPA which i am currently doing.

    If you have believe you have been a victim also, please update this posting.

    Regards,
    N.
     
  2. Jason Rogers

    Jason Rogers FXCM Representative

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    Hi nfaris,

    If you have any questions or need any help, you're more than welcome to get in touch with me as I am FXCM's representative on the Forex Peace Army Forums

    Kind Regards,

    Jason Rogers
    jrogers@fxcm.com
     
  3. Romeo

    Romeo Sergeant

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    Hi nfaris.

    Can you give us more information?
     
  4. nfaris

    nfaris Private, 1st Class

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    FPA has needed information.

    To Mr. Romeo,

    Please accept my apology as I do not want to give out any more information other than this caution for now.

    The reason is straight forward. The reason is because I believe in innocent until proven guilty. I certainly could be wrong. I am not a expert but based on my own research and the opinion of professional who is on the FPA and has an impecceble reputation on my information, I have presented my case to the FPA.

    I shall await on the result of their investigation and then if I am in the right, I will reveal all information.

    Therefore, I am just cautioning right now, that's all.

    Please be patient. Thank You.

    N.


    To Mr. Jason Rogers from FXCM,

    Thank you for your reply but I have already had contact with several people from FXCM and I have had no choice but to ask for help from the FPA.

    Regards,
    N.
     
  5. Romeo

    Romeo Sergeant

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    No problem.
    Let's wait for the results of the investigation.
     
  6. nfaris

    nfaris Private, 1st Class

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    Please follow the link for a follow-up.

    Dear Mr. Romeo,

    I think when I first posted my case against FXCM, I must have done something wrong. I did re-file the case and you can find complete details on the folowing link:

    Moderation Note: The Court Case Preparations Folder has limited access. Please repost anything you wish to immediately share directly into this thread.

    The case has been viewed by Seargent Vincam and he did find it strange about what happened to me.

    Thanks and Regards,
    Nasser Faris.

    =========================================================

    Dear Mr. Rogers,

    I kindly ask you to also visit the link above as we would kindly like your comments. I honestly think that I have been wronged but please review the information and I will wait for your conclusion.

    Thanks and Regards,
    Nasser Faris.
     
  7. nfaris

    nfaris Private, 1st Class

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    Update

    Hello Mr. Romeo,

    Please follow this link for an update and further information on my case.

    Regards,
    nfaris.
     
  8. Albert.b

    Albert.b Sergeant

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    Check the FXCM DEMO CHART DATA against your live chart account data and also chart data on another two brokers!

    If they pretty much match (very close to the same) you have not been spiked!

    If however there is a clear difference, I would think you have a strong case against FXCM!
     
  9. nfaris

    nfaris Private, 1st Class

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    Dear Sir, I have checked charts.

    Dear Mr. Albert, I have just done what you told me. They do not match. I have also checked on the Demo's of Alpari and FinFX. Nothing appears. Also Seargent Vincam has checked on two of his live accounts, nothing appears. Also a friend of mine, who is a professional, also checked. Nothing appears.

    This is my latest communication with FXCM (between yesterday and today):

    THIS WAS FROM ME:
    From: Nasser Faris [mailto:nfaris@hotmail.com]
    Sent: Monday, May 30, 2011 12:23 AM
    To: 'Simon Massabni'
    Cc: 'Nihal Al Sayyah'
    Subject: RE: Audit Resolution
    Importance: High

    Reference Account #: 2088373388

    Dear Mr. Simon,

    I hope this email finds you well. I would like to ask a question please.
    Is the Demo of FXCM the same as the Real Live account in terms of prices or do they differ? Kindly reply back to me asap.

    Kind Regards,
    Nasser Faris


    THIS WAS THE REPLY:

    Dear Mr. Nasser,

    Yes the pricing on the demo account is the same as the pricing on the real account.

    Best

    Simon Peter Massabni
    Sales Team Captain


    =========================================================

    Please Mr. Albert, see this link, it is part of your forum:

    http://www.forexpeacearmy.com/forex...8-case-unassigned-nfaris-vs-www-fxcm-com.html

    Also Sir, I have the proof of what you just recommended. I can't attach them (don't know how) but if you send me your email, I will send them to you.
    My email is nfaris@hotmail.com.

    Kind Regards,
    Nasser Faris.
     
  10. nfaris

    nfaris Private, 1st Class

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    There is a difference.

    Dear Mr. Albert,

    There is a difference and i have the proof.

    Thanks for the advice Sir.

    Regards,
    Nasser Faris
     

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