1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

IFC Markets become a scam

Discussion in 'Scam Alerts' started by sebytim, Dec 15, 2011.

  1. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,688
    Likes Received:
    2,241
    Too bad the thread was originally opened in December 2011. I know I was busy then and somehow missed it. I guess all the other active members in the Scam Alerts folder were tied up too. If this had progressed to a Traders Court case than and IFC had a rep responding as poorly as the current one, it would have been an almost certain guilty verdicts. Unfortunately, the time to file a case has lapsed.

    Why? You confiscated a traders profits based on something you claim that MetaQuotes told you. If I forget about MetaQuotes, then I have to forget about your allegations of a magical price manipulation EA too.

    I'll make you a deal. I'll forget about MetaQuotes and you forget about your excuse. Then IFC Markets can pay Sebytim what's owed to him and we can all forget that this happened.

    I saw a screenshot that fails to prove your case. You just told me to forget about the one piece of evidence that just might maybe support your side of the issue.

    It doesn't matter if you have 4 billion happy customers. If IFC chose to confiscate the profits of one trader without a valid reason, that's still wrong. If IFC Markets can take a clients money without a valid reason once. then there's no assurance IFX Markets won't do it again to more clients.

    Your words alone are enough to make me recommend that traders not open accounts with IFC Markets.
     
  2. FxMaster

    FxMaster Lt. Colonel

    Joined:
    Oct 17, 2011
    Messages:
    7,795
    Likes Received:
    933
    Whatever passed, its passed away now what is the solution for this ?
     
  3. IFC Markets

    IFC Markets IFCMarkets.com Representative

    Joined:
    Jan 18, 2013
    Messages:
    45
    Likes Received:
    1
    Well guys. Unfortunately I can not provide you with any other proofs except that screenshot. Can anyone tell me: if a programm makes hundreds of thousands deals a day, sells at Ask price and buys at Bid price - is it normal? :)
     
    #53 IFC Markets, Feb 18, 2013
    Last edited: Feb 18, 2013
  4. IFC Markets

    IFC Markets IFCMarkets.com Representative

    Joined:
    Jan 18, 2013
    Messages:
    45
    Likes Received:
    1
  5. IFC Markets

    IFC Markets IFCMarkets.com Representative

    Joined:
    Jan 18, 2013
    Messages:
    45
    Likes Received:
    1
    Where do you see excuse?
    I just explain: Sebytim tried to outwit - we noticed it and that is why his profits were cancelled.
     
  6. IFC Markets

    IFC Markets IFCMarkets.com Representative

    Joined:
    Jan 18, 2013
    Messages:
    45
    Likes Received:
    1
    My young friend you're the coolest man I've ever seen. This is a decent post of a real trader :D Such people like you and Sebytim are called black PR men and are known very well.

    Every google user who will find this thread will understand clearly why Sebytim's profits were recalculated.
     
  7. sebytim

    sebytim Private

    Joined:
    Nov 15, 2010
    Messages:
    19
    Likes Received:
    1
    Please calculate your words. I was your trader....I am not a PR guy...but you deserve this : IFC MARKETS is SCAM. You just scammed me with 4k. And what you presented us as a proof is nothing more than a edited doc. Sorry scammer!
     
  8. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,688
    Likes Received:
    2,241
    You claimed a weakness in the MT4 back end that allowed him to somehow force IFC to accept incorrect prices. That's a big claim. Somehow, all the evidence to support your claim has gone missing.

    I can understand lost emails. I can't understand how you've been unable to get a single scrap of evidence to back up this claim since you first made it on January 23rd.

    Here's an alternate explanation. IFC Markets didn't like Sebytim's trading for some other reason, confiscated his profits, and then made up an insupportable excuse after the fact.

    Your explanation should be backed by a pile of evidence, but has no evidence so far. My alternative explanation gives a logical reason why you can't provide any evidence to back up your claim.

    So far, my explanation fits the facts at hand. Are you going to tell me to forget MetaQuotes again, or will you provide something to back up your claim of magical price fixing?
     
  9. Prem Kumar Ramamurthi

    Joined:
    Aug 25, 2010
    Messages:
    149
    Likes Received:
    12
    Can you just provide all evidence on this... if you so have

    Without any you cant blame a trader for manipulating MT4 back-end as you as broker holding all admin rights for your MT4.
     
  10. IFC Markets

    IFC Markets IFCMarkets.com Representative

    Joined:
    Jan 18, 2013
    Messages:
    45
    Likes Received:
    1
    Ok dear traders let's be fair. I gave you proofs - you didn't accept it - it's normal for the forum. Let's see the proof from Sebytim except his empty words. Maybe some screenshots? :)
     

Share This Page