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GUILTY Case#2012-023 | fxtraderindia vs www.ecnprofx.com

Discussion in 'Guilty Verdicts' started by fxtraderindia, Mar 8, 2012.

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Based on the available evidence, do you believe that ECNProFx.com is guilty?

Poll closed May 20, 2012.
  1. Guilty

    69 vote(s)
    100.0%
  2. Not Guilty

    0 vote(s)
    0.0%
  1. fxtraderindia

    fxtraderindia Private

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    Original FPA Traders Court Submission by fxtraderindia:

    I am submitting the case against: www.ecnprofx.com

    My Case is: Withdrawal Problem With ECNPRO

    Withdrawal Problem & Account Disabled

    I have not recieved my withdrwal from ECNPROFX | Forex Trading

    ECNPROFX Account details:

    MT4.id: 502179

    First Deposit : 1002.99$ Liberty Reserve Method
    second deposit : 3000.00$ Liberty Reserve Method
    Profit : 7118.56$
    Total Amount : 11121.55$

    Withdrawal Requested Amount 5200$ on 13 th feb 2012 ,
    they are not proccessed my withdrawal Request ,
    i contacted them so many times but there is no reply,
    I run Million Dollar Pips EA on my Account,
    before Account opening they said that No Resrictions on MDP EA Trading,
    second time i deposited $3000, but they object MDP Trading
    After my claryification they Approved MDP EA Trading ,
    but they applied Commisiion Charges,
    iam not agree for Commission charges because they offer me first only spread ,
    my Account runs first fifteen days with out commision,
    Now they are Not processed my withdrawal Request,
    Now they said that bank declined your Withdrawal ,
    because you are running MDP EA is a TOXIC EA.
    and you are using MDP Modified EA ,
    But iam Running Million Dollar Pips EA with Default Settings,
    I Have No knowledge about EA Modification,
    According to ECNPROFx terms of service they allowed scalping EA s, there is No resrictions.
    THEY OFFER PEOPLE NO Commisiion TO TRADE only spread ,
    please check their website ECNPROFX | Forex Trading
    Recently thay introduced EA Account type in Account Section,
    now i also requested for convert my account as EA Account
    i agreed for Commisiion charges also
    but till now there is no Reply
    My Account Disabled on 5 th march 2012 with out Notice,

    My Withdrawal Not Proccessed .

    i have some proofs of my Account.

    Please check my Account stats & proofs

    http://www.myfxbook.com/members/jrd9189/mdpeurusd/215615

    http://www.mt4i.com/users/mdpeurusd/stats

    http://www.ecnprofxscam.blogspot.com

    Please Help me to get my Money from ECNPROFX

    New thread in the Scam Alerts Folder:
    www.forexpeacearmy.com/forex-forum/scam-alerts-folder/19165-www-ecnprofx-com-withdrawal-problem.html

    Review is submitted by jr on 03/08/12

    The company was first contacted about the issue on 02/14/12, the last contact was on 03/06/12

    Details: NO Reply from ECNPROFX after withdrawal Request

    Company representatives' emails:
    <support@ecnprofx.com>
    <funding@ecnprofx.com>
    <admin@ecnprofx.com>
    <thayalan@ecnprofx.com>
    <sp_chanthru@ecnprofx.com>

    Attached Files:

    1. myfx book statement.pdf

     
  2. Pharaoh

    Pharaoh Colonel

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    The public thread shows that this broker accepts EAs and Scalping. I think it's about time that the broker gets contacted.
     
  3. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

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    I've emailed them and invited them to join the discussion in Scam Alerts or to let me moderate an email dialogue.
     
  4. fxtraderindia

    fxtraderindia Private

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    Thank you

    ECNPROFX Compliance Team is Approved My Withdrawal Request ,

    After withdrawal process is over ECNPROFX will convert my account as EA Account ,

    My Withdrawal Is Under process and it will Take another three to five days.

    Thanks to Forex Peace Army ,

    Thanks to FPA Team Members ,

    Thanks to FPA forum Members ,

    Thanks To Ecnprofx Compliance Team .

    I Hope my problem will solve As Soon As Possible.
     
  5. fxtraderindia

    fxtraderindia Private

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    Thank you very much

    Ecnprofx processed my Withdrawal today.

    I have Received 5200 $ .

    My Trading Account Reactivation is under process .

    I hope it will be done as soon as possible.


    Thanks to FOREX PEACE ARMY .

    Thanks to ECNPROFX Compliance Team.
     
  6. fxtraderindia

    fxtraderindia Private

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    Hello FPA Members.

    EcNPROFX is not Activated my account .

    Please check below links .

    Ecnprofx Compliance team said that they will activate my account with Remaining account balance after withdrawal processed.

    ECNPROFX 502179: 13 th March email from ECNPROFX

    ECNPROFX 502179: 25 th March email from ECNPROFX

    ECNPROFX 502179: 4 th April email from ECNPROFX


    Ecnprofx is not Activated yet.

    I have sent number of emails to ECNPROFX but there is no Reply

    i decided to withdraw my remaining account balance .

    Account deposit/withdrawal details

    First Deposit : 1002.99 $ Liberty Reserve Method
    second deposit : 3000.00 $ Liberty Reserve Method
    Profit : 7118.56 $

    Total Amount : 11121.55 $

    first withdrawal amount: 5200.00 $
    ______________

    Remaining balance 5921.55 $

    I made A Withdrawal Request on 18 th april 2012 .

    My withdrawal is not processed

    they are not giving me reply .


    from 26 th april onwards EcNPROFX website is not working .

    MR.SP.CHANTHRU is the Compliance Director in ECNPROFX.

    Iam Requesting to Forex Peace Army Kindly change the Resolved status .

    Please help me to get my money from ECNPROFX .
     
    #6 fxtraderindia, May 4, 2012
    Last edited: May 4, 2012
  7. fxtraderindia

    fxtraderindia Private

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    Hello FPA Members ,

    Ecnprofx website is now online

    but they are not giving me reply


    Ecnprofx posted a message in facebook on tuesday

    https://www.facebook.com/groups/ECNPROFXGLOBAL/


    Ecnprofx Message :

    ------------------------------------------------------------------------------

    Ecn Profx

    To the whole customer / client following ECNPROFX informed that:

    The company will do ECNPROFX OVERALL ACQUISITION

    It matters relating to DEPOSIT / WITHDRAWAL / REFUND FUND PAYMENTS Customer shall be done in phases beginning ON 20 MAY 2012 BY ECNPROFX PASIFIC ASIA (MALAYSIA) / ECNPROFX NOT AND NOT THROUGH PARTNER ECNPROFX INDONESIA.

    IN CONNECTION WITH THE THINGS ABOVE OUR PARTNER AS INDONESIA ECNPROFX IB ECNPROFX MASTER TO YOU FOR ASKING AND CAN CONTACT Cooperative:

    A. MR Chanthru Sarigabani (Director Asia Pacific)

    passport: A 19398120
    malaysian ic number: 801116-04-5105
    email: sp_chanthru@ecnprofx.com

    Contact Person Mobile
    +60102171368
    +61402757945
    +60108255890

    Short name - Chanthru Sarigabani
    Director ID: 916401710
    Month / Year of Birth: 11/1980

    address
    95 Wilton Road
    Suite 718 Victoria
    London
    SW1V 1BZ

    Company Summary

    Company Name Company Status
    Active ECNPROFX LLP
    Appointment Date: 24/10/2011
    Position: LLP Designated Member
    Company Status: Active

    2. MR. THAYALAN Perumal (Funding Manager)

    contact Person Mobile
    +60125556850
    email: thayalan@ecnprofx.com

    MALAYSIA OFFICE
    address:
    33-1 lorong batu nilam 21c, bandar bukittinggi 2. 42000 klang. selangor
    Everything related to customer correspondence can then be sent to:
    email:
    support@ecnprofx.com
    funding@ecnprofx.com
    Forwarding Email: Indonesiasupport@ecnprofx.com — with Ecn Profx and 3 others.
    Like · · Follow Post · Tuesday at 1:47am near Jakarta, Jakarta Raya

    ------------------------------------------------------------------------------------------------
     
  8. Pharaoh

    Pharaoh Colonel

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    Do you want to wait until May 20th or take the case public now?
     
  9. fxtraderindia

    fxtraderindia Private

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    Hello sir

    I dont want to wait until May 20th please take the case public now ,
    because Ecnprofx posted so many messages like Server upgradation , server migration , and now ECNPROFX OVERALL ACQUISITION in thier company Facebook page .

    and they are not giving me any reply to my mails .
     
  10. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

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    I got a message from Mr. Chanthru stating...

    Since he hasn't replied on the Scam Alerts folder and neither client has reported hearing from him, the two cases against ECNProFx case are going public.
     

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