MasterForex has changed their view on this. They now say that this policy of archiving and deleting accounts applies to unfunded accounts. They have retrieved the account in question and restored the balance.
BRAVO!
I would rather read this kind of stories every day than scam reports every month...
Sometimes this is just about lack of imagination, bad logic or else resulting in bad situation. The side effects of human imperfection.
Sometimes its about short lived greed that gives a way when the public express its outrage...
I know, many times it's about the pure deliberate scam. I've been through this too. Unfortunately many times.
However I tend to give the credit first, then examine the case, then rise questions as I find them, and then confront everything I can find.
While keeping in mind I can still may be mistaken: wrong translation, wrong understanding, missing facts...
It's so easy to call SCAM right from the beginning...
Anyway.
I must confess I had some issues with some vendors refusing to refund for their flawed products just recently.
When I asked them to resolve it and they failed I invited them to the Traders Court to settle us. And gave them the link to the Guilty Cases part of the forum ;-)
All of them changed their mind immediately and resolved the issues. Meaning the money back :-D
Which is actually sad fact - they tried to scam me. While I'd be happy to legally buy a WORKING solution...
Anyway again.
This court has no any legal power. But it has a BIG social power.
And this power is regarded by anyone serious about his business (if he's not concerned just send him the Guilty Cases link :-D )
FX business is 99% about making BIG money on retailers. But it doesn't mean it has to be 99% about scam.