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Discuss liteforex.com (liteforex.org)

General discussions of a financial company
New winners!

LiteForex is pleased to congratulate the winners of the LF INDEXMASTER Contest which was held on August 11, 2011.

1st place 100$: ssergejs8 1001277701 - 158441.19
2d place 70$: but 1001276530 - 138595.37
3d place 50$: tadszky 1001275862 - 92084.1
4th place 10$: Andoff 1001277434 - 65375.43
5th place 10$: Nyobe 1001275806 - 53804.13
6th place 10$: tnc 1001277331 - 27574.89
7th place 10$: 811 1001277403 - 24910.53

Our congratulations!
 
hello

I have been trading with liteforex with small account size "1000 $" after that i open another account and i added funding at my two accounts with $37,000.00 the problem started. Requotes, offquotes, Timeout were persistent and never allowed me to trade or modify my open trades. when i started withdrawing my profit gradually they quickly reduced my leverage from 1:500 to 1:100. I complained to them severally through mails and through chatting. They replied some and in some instanced apologized for their poor services which had made me lose money. They blamed the Requotes, offquotes, Timeout on their counter agent. After reducing my leverage abruptly when the account had open trades, they ended up liquidating my capital. I have complained severally without any cogent reason for their actions nor any compensation paid to me for the malfunctioning of their terminal which caused persistent Requotes, offquotes, Timeout for almost 4 months i ran the account with them. Please look into my case with a view of getting compensation for the loss i suffered in the hands of liteforex


It will attach the evidence to prove the truth of these words and these images and reports from real accounts with them
So I advise everyone to stay away from them very very scam .

Ahmed Ali Hamed Mohamed
abuo.ziad@hotmail.com


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hello

I have been trading with liteforex with small account size "1000 $" after that i open another account and i added funding at my two accounts with $37,000.00 the problem started. Requotes, offquotes, Timeout were persistent and never allowed me to trade or modify my open trades. when i started withdrawing my profit gradually they quickly reduced my leverage from 1:500 to 1:100. I complained to them severally through mails and through chatting. They replied some and in some instanced apologized for their poor services which had made me lose money. They blamed the Requotes, offquotes, Timeout on their counter agent. After reducing my leverage abruptly when the account had open trades, they ended up liquidating my capital. I have complained severally without any cogent reason for their actions nor any compensation paid to me for the malfunctioning of their terminal which caused persistent Requotes, offquotes, Timeout for almost 4 months i ran the account with them. Please look into my case with a view of getting compensation for the loss i suffered in the hands of liteforex


It will attach the evidence to prove the truth of these words and these images and reports from real accounts with them
So I advise everyone to stay away from them very very scam .

Ahmed Ali Hamed Mohamed
abuo.ziad@hotmail.com





 

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Fraud By Liteforex

Dear Ahmed Ali Hamed Mohamed, That was the same way i was defrauded of $22,000 by liteforex. Till date they have refused to pay me compensation. Forex traders should be warned of these fraudstars. If u aar trading with small account u wont have much problem. but the moment u put big money they will create problem of offquote, requote, timeout and leverage reduction to liquidate your money. Forex peace army should blacklist liteforex. These are thieves out there top scam people and they are dangerous to the system.
 
New winners!

LiteForex is pleased to congratulate the winners of the LF INDEXMASTER Contest which was held on August 15, 2011.

1st place 100$: dimbash 1001280468 - 199542.9
2d place 70$: 2in1 1001278736 - 73748.66
3d place 50$: Roman 1001280050 - 64628.55
4th place 10$: IVictor 1001280128 - 60649.19
5th place 10$: Contenk 1001280641 - 55778.57
6th place 10$: alam 1001278676 - 46704.14
7th place 10$: nitin 1001280132 - 37494.61

Our congratulations!
 
New winners!

LiteForex is pleased to congratulate the winners of the LF FIGHTING Contest which was held on August 17, 2011.

1st place 150$: YamahaKecakC50 1001281683 - 227425.22
2d place 100$: CRISTALL 1001278982 - 164458.13
3d place 70$: FXJoe 1001283016 - 163308.14
4th place 50$: patilata 1001282511 - 73324.23
5th place 40$: FXMerdeka 1001282906 - 41872.02
6th place 20$: DeqArn 1001282763 - 31402.95
7th place 10$: paboyadollar 1001282746 - 30680
8th place10$: forex 1001283110 - 29922.93
9th place 10$: God 1001282561 - 26768.13
10th place 10$: forexhunter 1001282679 - 25000

Our congratulations!
 
Mr. Ahmed Ali Hamed Mohamed,

I am not sure how to reply to you because you just copy/pasted Nelson Ireoba’s post, and your situations are different.

First of all there were no significant execution problems in your case, which means that a good part of your complaint does not make sense at all. Moreover you had been winning and withdrawing money until the very end of your trading in August when the market volatility increased.

Your leverage was reduced as a result of the strategy you used – you always closed the profitable trades and never closed the unprofitable ones. In the situation of increasing market volatility we had to reduce your leverage. However you had been warned beforehand and after that you had been trading for several month with the reduced leverage. Did the decrease have a negative impact on your trading? No, it did not. You still had been making good profits.

What happened next? By August you withdrew significant part of your money - over 2/3 of your balance (but your unprofitable positions were still opened), which affected your Margin, so that you could not have traded safely any more. Soon afterwards the price moved against you and you had a Stop Out.

That is the situation.
 
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Mr. Ireoba,

You perfectly know that your situation has been discussed in this thread: https://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/16022-re-liteforex-killed-my-account-75181-a-2.html

It was your trading strategy that led to losses and we have shown it to you with the facts and figures. You read our arguments and said nothing, because you have nothing else to add. Everyone interested can visit the thread and read about the whole issue.

Unfortunately you decided to keep lying. We have seen that you are leaving negative comments about our company under different nicknames. You do not even bother to change the text of these complaints and just copy-paste them. Be advised however that we are not going to tolerate it because the truth is on our side and we can prove it (just as we already did).
 
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New winners!

LiteForex is pleased to congratulate the winners of the LF INDEXMASTER Contest which was held on August 18, 2011.

1st place 100$: AINGSAHA 1001284339 - 178681.55
2d place 70$: Khodiry 1001284314 - 112729.89
3d place 50$: Xo3sIuH 1001284566 - 109981.43
4th place 10$: Trader87 1001283078 - 99867.96
5th place 10$: vanTombolo 1001284253 - 82115.97
6th place 10$: alinik 1001281755 - 33134.42
7th place 10$: Christinme 1001282518 - 30532.32

Our congratulations!
 
Mr. Ahmed Ali Hamed Mohamed,

I am not sure how to reply to you because you just copy/pasted Nelson Ireoba’s post, and your situations are different.

First of all there were no significant execution problems in your case, which means that a good part of your complaint does not make sense at all. Moreover you had been winning and withdrawing money until the very end of your trading in August when the market volatility increased.

Your leverage was reduced as a result of the strategy you used – you always closed the profitable trades and never closed the unprofitable ones. In the situation of increasing market volatility we had to reduce your leverage. However you had been warned beforehand and after that you had been trading for several month with the reduced leverage. Did the decrease have a negative impact on your trading? No, it did not. You still had been making good profits.

What happened next? By August you withdrew significant part of your money - over 2/3 of your balance (but your unprofitable positions were still opened), which affected your Margin, so that you could not have traded safely any more. Soon afterwards the price moved against you and you had a Stop Out.

That is the situation.



I really copy and paste a post similar to my case because I do not speak English but I speak Arabic and I find it difficult to express what I want to say I found in this post what similar cases in quite a lot because the translation of what I say through the Google site is not good
But this is to discharge the problem and if you are talking on behalf of the company have been better to respond to your problem is not critical of copying and pasting
And me from the evidence of the sincerity of the complaint and I will publish it in all the forums and websites interested in trading Forex so that everyone knows the extent of manipulation and fraud of this company

 
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