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

[Michael McCarroll]

What kind of trading was disallowed? That is my question.

Guilty.

Brokers should pay clients back after risks are taken, and difficult to win.

It seems that a lot of brokers just assume that your money becomes their property once you send it.

Casinos across the world have governing bodies that control money flow, make things run fair and clean, but not in forex. You never see such occurrences if you go to Las Vegas, San Juan, or Monte Carlo....you win, you get paid.

 

[fxtraderindia]

My Trading Expert Advisor is Million Dollar Pips .
Million Dollar Pips is a fast-action scalper that aims for 1- 10 pips per trade.
It executes trades very quickly when the opportunity arises.

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ECNPROFX TRADING CONDITIONS
Expert Advisors Welcome
No Scalping Limitations
News Traders Welcome
NO ORDER RESTRICTIONS lace orders inside the spread or as close as 0.4 pip away from the market.
SUB-SECOND EXECUTION :Trade up to 20 million with one click
NO TIME RESTRICTIONS :Open and close a position in less than a second.
[Actually MDP EA average Trade lenght 1.2 minutes ]
CHART BASED TRADING :Enter market and pending orders directly from your charts.


CUSTOM-MADE FOR SCALPERS:

The ECNPROFX ECN account is made for scalpers and other high-volume traders (CTA's, Fund Managers, Trading groups and Automated Trading systems).
With pre-screened prices from more than 5 banks and institutions you can be certain that the price you get is most likely the best available.
ECNPROFX is a STP broker that never interferes with client's trading style, method or strategy, allowing you to be a better trader.

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On 12 dec 2011 ECNPROFX Approved Million Dollar Pips Ea Trading*.

http://ecnprofx502179.blogspot.in/2012/03/ecnprofx-approved-mdp-ea-trading.html

LP BANKERS APPROVED email from ECNPROFX

http://ecnprofx502179.blogspot.in/2012/03/lp-bankers-approved-email-from-ecnprofx.html

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[f-man]

The unwritten rule

The unwritten rule of unregulated bucker shops: We allow everything except profitable traders!

 

[Galina_K]

It looks like you have been scammed, but still you are lucky
because you got your initial deposit and some more.

Probably they will never open their shop again. Website is down and money is gone.
Guilty.

 

[samob]

ecnprofx.com is pure scam
I vote guilty.

 

[nics04]

Lucky you got your partial profit. I vote guilty

 

[Denny W]

definitely guilty

 

[PistolDave]

Just another scam. Close one down and two more pop up for the noobs.

 

[claretblue]

They cannot change the rules halfway through the game. Guilty!

 

[FreddyFX]

Reason I think too many of us are not really interested in giving a verdict on some of the cases presented here in FPA is:
Most of the cases involve "traders" that do business with shady brokers in their very beginning.

Just deal with the well known ones around and there is hardly any problem, and if there is.....they can easily be resolved.