higgins.john
Recruit
- Messages
- 1
I have been defrauded by Zurich Prime Forex Trading.
I have been defrauded in excess of +$US 50,000.
It all started with being approached by Zurich Prime to start at $US 250.
At all times I was following instructions from Harvey Spectre and occasionally SimonB (not sure these are real names).
All started good - a few small wins. I was encouraged to commit further capital and I did, progressively.
As my commitment mounted up I began to what I now see as a continual pattern. I would always be advised to make a position which left my account exposed to automatic close. Hence i was aggressively encourage to commit more capital. It got to the stage that I was trapped - lose a significant amount or continue. In the face of losing around $US20,000 initially, I chose to continue to accept Zurich Prime's directions.
Again the same pattern was apparent. At the end of each trading day, my account was in jeopardy and I was aggressively requested to commit more capital.
At some stages I had to react within a very short timeframe (30 seconds or so) to directions of Zurich Prime. At several stages I was mentally exhausted keeping up with the directions provided !
This continued over a couple of months until I could not commit more capital and my account closed due to poor positions being advised by Zurich Prime.
I feel such an idiot.
Zurich Prime is a total fraud.
My best guess is that my positions were not LIVE but on a practice trading version of Sirix where one can trade "pretend money" to see the outcomes and learn more.
Having stated this, not only did Zurich Prime take commission on the Margins, but all my "real" money went straight into their pockets. Hence, my capital was never really in danger and they just took it.
I have been defrauded in excess of +$US 50,000.
It all started with being approached by Zurich Prime to start at $US 250.
At all times I was following instructions from Harvey Spectre and occasionally SimonB (not sure these are real names).
All started good - a few small wins. I was encouraged to commit further capital and I did, progressively.
As my commitment mounted up I began to what I now see as a continual pattern. I would always be advised to make a position which left my account exposed to automatic close. Hence i was aggressively encourage to commit more capital. It got to the stage that I was trapped - lose a significant amount or continue. In the face of losing around $US20,000 initially, I chose to continue to accept Zurich Prime's directions.
Again the same pattern was apparent. At the end of each trading day, my account was in jeopardy and I was aggressively requested to commit more capital.
At some stages I had to react within a very short timeframe (30 seconds or so) to directions of Zurich Prime. At several stages I was mentally exhausted keeping up with the directions provided !
This continued over a couple of months until I could not commit more capital and my account closed due to poor positions being advised by Zurich Prime.
I feel such an idiot.
Zurich Prime is a total fraud.
My best guess is that my positions were not LIVE but on a practice trading version of Sirix where one can trade "pretend money" to see the outcomes and learn more.
Having stated this, not only did Zurich Prime take commission on the Margins, but all my "real" money went straight into their pockets. Hence, my capital was never really in danger and they just took it.
for obsession.
