GUILTY - Case# 2011-089 | amag80 vs www.ifti-service.com/

Based on the available evidence, do you believe that IFTI Service is guilty?

  • Guilty

    Votes: 63 100.0%
  • Not Guilty

    Votes: 0 0.0%

  • Total voters
    63
  • Poll closed .
Hi Amag80- this is just dreadful/disgusting a bunch of rip off merchants - my condolences re your loss and thank you for warning all of us - wish we had met under better circumstances. Good luck with yr future trading -joh

Thanks Joh, Hope people won't make the same stupid mistake like me
 
Sorry for your losses by these scammers.

But please all who read this, please learn from it.
Never ever let your money manage by others, especially not in Forex.
Before you do it, dig a hole in you garden and hide the money there. It is more safe
than in the hands of other traders.

I lost 70k a few years ago because I believed the fantastic advertisements of "The Shark", a famous
Forex Trader who showed proof of 4 years of fantastic profits ( about 25 % monthly average growth of equity ).
He had testimonials from clients with 100k accounts and more.
All were happy, all praised him .

But then it happened: He lost 90 % of the account within one day.
Why ?
Because his "safe" strategy failed.
His strategy was: martingale
But the EURUSD dropped like a stone that day.
And he added new long positions with double lot-size according to his strategy.
And got stopped out with margin call.

My money was gone. Ok, not all, about 2k were left and he sent it back ( he was a honest man I guess ) and later on I believed a "born again christian" who called himself the "worlds best elliott wave expert"
and guess what ?
He always was stopped out at SL and my last 2k were gone soon.

A few years later I trusted another "fantastic trader" who showed impressive results and offered Managed Accounts.
Yes, he blew up the whole account too.

The there was a russian trader, Abatov, he offered his service on Insta-forex pamm account.
He doubled his live account each month. Fantastic trader again.
When people threw him 10k into the PAMM, he lost 50 % and then another big chunk and
everybody ended up with a 95 % loss.

All I can say: Stay away from Managed Forex accounts as far as you can.
Learn to trade yourself and when you make stable profits on a demo account, go live but with
small risk only. This way you can make 1 % per month and when you know you have mastered
your strategy you can trade with more risk and make more.

Thanks for the information, a lesson learnt in life
 
First of all, we want to make everyone here clear that we are NOT any scam company at all!

What you peoples are writing here is just your anger about your expierence with other services in your last years.

Let us make here everything clear:

1. We are an online forex service, like thousands of others available in Web! 95% of them are not registered on their own Country and are doing it online only. Selling their scam products, or managed service etc. So also we do this. Our Traders team room is in Germany, around 75Km from Munic and our Company head is in Austria.

2. Every site and service can face issues, even FPA is havng server problems in last Months, also we did it. After that we are unable to run our Site, because it some coding mistake now. We have to rebuilt our site again for that, and its lots of work which needs time.

3. Yes, we gave 250 pips guarantee, but we have never give an guarantee of 100% Winning Months! There is no service or strategy, which can produce every Month as winning month!!! Our guarantee was, if we not reach it, we will pay the rebates back and NOT THE LOSSES !!!!
So no law or no cheating is here at all..! Everybody who invest in Forex or anykind of trading market is ready to take the risk himself! And if someone invest his all income on that, than its his mistake, because there is and will be always an high risk warning from forex!

4. We were and are also ready to pay the rebats back to Angar. We have earned around 280$ from his account, if this makes him happy to get in, we will surely send him the money.

5. Also there is no Aggreement or any kind of guarantee on our site, where we have written to give every month as positive. So if someone understand it wrong and understand it as an every month as an winning month, than its not our fault..! Everyone who invest in fx, should be ready for the risk.. Traders loose thousands of $$$ every month in this market, and trader have no rights to blam anyone expect himself! No one is forcing here no one to invest in this risky game! Everyone decides here for their own funds..! Forex can be profitable, but also high risk is here involed, and we all know it. It same like that, how can someone trust an Broker and send them their own Funds. So its all the risk matter and everybody take this risks and should not blame any one for that..!

We have not done it extra, we have also lost our Business with it, where we have grown so good! We will built up the site again and will be back soon again with the same name and service, and if someone trust us, can surely join us. But if you guys are expecting only profits and are not ready to risking the money, than please leave this business. Because sooner or later, everyone faces hard time in this Business!

Again; once we have the payment details from Angar, we will send him the rebates earned until Feb.

Thank you

Please send the rebates to


my paypal account

Hope you can keep to this promise atleast
 
Last edited:
No payments made so far.

IFTI service need to confirm payment details once done on FPA
 
If they don't intend to pay, they should have kept their mouths shut. Now they've made a public promise and have gone silent again.
 
Again; once we have the payment details from Angar, we will send him the rebates earned until Feb.

The Payment will be send in the end of the Feb, because we have also not recieved any payment so far, because our payment process has been discliend, because one of an FPA Member. Because of the Complains and scam blame, our payments are blocked in Germany and we did not earned anything. But we will still send him the Money in the end of Feb or March starting.

If you have any Online payment process, such as PayPal or something, please let us know. Because its faster and easier for us.

Thank you
 
First of all, we want to make everyone here clear that we are NOT any scam company at all!

What you peoples are writing here is just your anger about your expierence with other services in your last years.

Let us make here everything clear:

1. We are an online forex service, like thousands of others available in Web! 95% of them are not registered on their own Country and are doing it online only. Selling their scam products, or managed service etc. So also we do this. Our Traders team room is in Germany, around 75Km from Munic and our Company head is in Austria.

2. Every site and service can face issues, even FPA is havng server problems in last Months, also we did it. After that we are unable to run our Site, because it some coding mistake now. We have to rebuilt our site again for that, and its lots of work which needs time.

3. Yes, we gave 250 pips guarantee, but we have never give an guarantee of 100% Winning Months! There is no service or strategy, which can produce every Month as winning month!!! Our guarantee was, if we not reach it, we will pay the rebates back and NOT THE LOSSES !!!!
So no law or no cheating is here at all..! Everybody who invest in Forex or anykind of trading market is ready to take the risk himself! And if someone invest his all income on that, than its his mistake, because there is and will be always an high risk warning from forex!

4. We were and are also ready to pay the rebats back to Angar. We have earned around 280$ from his account, if this makes him happy to get in, we will surely send him the money.

5. Also there is no Aggreement or any kind of guarantee on our site, where we have written to give every month as positive. So if someone understand it wrong and understand it as an every month as an winning month, than its not our fault..! Everyone who invest in fx, should be ready for the risk.. Traders loose thousands of $$$ every month in this market, and trader have no rights to blam anyone expect himself! No one is forcing here no one to invest in this risky game! Everyone decides here for their own funds..! Forex can be profitable, but also high risk is here involed, and we all know it. It same like that, how can someone trust an Broker and send them their own Funds. So its all the risk matter and everybody take this risks and should not blame any one for that..!

We have not done it extra, we have also lost our Business with it, where we have grown so good! We will built up the site again and will be back soon again with the same name and service, and if someone trust us, can surely join us. But if you guys are expecting only profits and are not ready to risking the money, than please leave this business. Because sooner or later, everyone faces hard time in this Business!

Again; once we have the payment details from Angar, we will send him the rebates earned until Feb.

Thank you

To IFTI Service,

Please check out point 4.

4. We were and are also ready to pay the rebats back to Angar. We have earned around 280$ from his account, if this makes him happy to get in, we will surely send him the money.

You guys are not short of an excuse. Everything you guys do there's an excuse. Lost the money, you guys complained it was the server. Now you guys are delaying the payment by making more excuses.

okay paypal account is

agnelcaesar@yahoo.com.au
 
The Payment will be send in the end of the Feb, because we have also not recieved any payment so far, because our payment process has been discliend, because one of an FPA Member. Because of the Complains and scam blame, our payments are blocked in Germany and we did not earned anything. But we will still send him the Money in the end of Feb or March starting.

If you have any Online payment process, such as PayPal or something, please let us know. Because its faster and easier for us.

Thank you

make payment and confirm in this thread
 
How much money are you going to send. So the FPA community and myself knows what to expect.
 
Back
Top