Hi all,
Please, please spread the words to the entire forex and financial world that this is a definate scam.
I was scammed by this Lion Fund and Knight Capital Markets Ltd recently.
I went through the same experience as Simon Selvam in this forum.
I funded my account in March 2016 with USD3,000 and for the last 2 and half months was gaining good profits.
I noticed some irregularities in the trades since April and I questioned them but was given some general replies.
I then started to track and screen shot every trades they make and to my supprise, they can reversed a short losing trades to become a long profit trade overnight and visa-versa. The trade was a "Sell" and it was losing but the next day it become a "Buy" and was making profits.
I questioned the so called same "Alex" and again was given some very general reply as though he do not know what I was referring to. I keep tracking the trades but kept silent because my account was making good profits, so I did not bother.
Last Week, my account was making hugh profits like 20% plus in several trades and I was hoping that they will close the trades and cash in profits but to my supprise, they just left the trades to turn into hugh losses.
I have to questioned this "Alex" again this time why as a professional fund, they can allow such bad trades to happened.
Again, I got some very general reply from this Alex.
The next day after that, I was shocked when I opened my MT4 account and saw that they put in 3 trades randomly with hugh lot sizes and blown my entire account of US$5,350.97 to become minus USD60.12.
When I look at the 3 trades, it was executed within a seconds in between and the losses was exactly the same amount of -USD1,377.07. It was to the exact cents. How can that be possible when the trades was different pairs and was opened at different time and closed at different time.
I also calculated the spread difference and lot sizes and the losses didn't tally at all for all the 3 trades.
I wrote to Alex to complain about this and why they do this irresposibly trades to wiped out my account and his answer was exactly the same in every words as posted by Simon above.
When I threaten to exposed them, they in turn threaten to report me to my local authorities about my threats of harm to them.
Conclusion!
This is definitely a scam at it's higest level and the world needs to know and those culprits need to be dealt with before another victim fall prey to their scheme.
Lion Fund Victim.
Please, please spread the words to the entire forex and financial world that this is a definate scam.
I was scammed by this Lion Fund and Knight Capital Markets Ltd recently.
I went through the same experience as Simon Selvam in this forum.
I funded my account in March 2016 with USD3,000 and for the last 2 and half months was gaining good profits.
I noticed some irregularities in the trades since April and I questioned them but was given some general replies.
I then started to track and screen shot every trades they make and to my supprise, they can reversed a short losing trades to become a long profit trade overnight and visa-versa. The trade was a "Sell" and it was losing but the next day it become a "Buy" and was making profits.
I questioned the so called same "Alex" and again was given some very general reply as though he do not know what I was referring to. I keep tracking the trades but kept silent because my account was making good profits, so I did not bother.
Last Week, my account was making hugh profits like 20% plus in several trades and I was hoping that they will close the trades and cash in profits but to my supprise, they just left the trades to turn into hugh losses.
I have to questioned this "Alex" again this time why as a professional fund, they can allow such bad trades to happened.
Again, I got some very general reply from this Alex.
The next day after that, I was shocked when I opened my MT4 account and saw that they put in 3 trades randomly with hugh lot sizes and blown my entire account of US$5,350.97 to become minus USD60.12.
When I look at the 3 trades, it was executed within a seconds in between and the losses was exactly the same amount of -USD1,377.07. It was to the exact cents. How can that be possible when the trades was different pairs and was opened at different time and closed at different time.
I also calculated the spread difference and lot sizes and the losses didn't tally at all for all the 3 trades.
I wrote to Alex to complain about this and why they do this irresposibly trades to wiped out my account and his answer was exactly the same in every words as posted by Simon above.
When I threaten to exposed them, they in turn threaten to report me to my local authorities about my threats of harm to them.
Conclusion!
This is definitely a scam at it's higest level and the world needs to know and those culprits need to be dealt with before another victim fall prey to their scheme.
Lion Fund Victim.
