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RESOLVED - This Broker Tried to End Your Right to Read About Them

Discussion in 'Resolved Issues' started by Scam Investigations Committee, Dec 8, 2008.

  1. Scam Investigations Committee

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    APRIL 2015 UPDATE: I am very pleased to report that the new management at Easy-Forex has permanently and irrevocably rescinded this threat. The FPA now considers this issue to be resolved.
    Bill K. - AsstModerator



    Most messages to the FPA get answered by the Forums Team or the Review Moderation team. Sometimes, things get passed over to Scam Investigations for special handling. This was one of those times.

    Every forex broker will have unhappy customers from time to time, but Easy-Forex seems to have at least one extremely unhappy customer. He got angry enough to create a website promoting an upcoming book about what he considers to be the scams run by Easy-Forex. His website is easy-forex-warning.com. On June 18, 2008, he posted about this website in our forums here easy forex scam.


    Easy-Forex has decided they don't want other sites linking to the website created by an unhappy customer. Below is the full text of a threatening message sent to us by Easy Forex on December 2, 2008. The only changes are that we removed part of the name of the person who owns the Easy-Forex-Warning website as well as the Easy-Forex representative.



    On average, the FPA gets about 3 legal threats each month. Most are resolved with a few emails that explain to the person writing that they have the option of responding to negative reviews or forum postings. This one was unique. Everyone at FPA HQ was shocked that anyone would be crazy enough to try to hold the FPA responsible for the content of an external website. Since our investigator Gerard has shown the best aptitude for wording responses to this sort of thing, he was chosen to write the FPA's official reply.




    Gerard sent a followup email later asking Easy-Forex's representative to reply about the FPA posting this. Easy-Forex did not respond to either message.

    We decided to forward the message to the owner of Easy-Forex-Warning. He told us that Easy-Forex had complained to his webhosting company. The webhosting company looked at the issue and took no action against his website.

    The FPA has never pulled a forum posting or an outside review based on a legal threat against the FPA. We have pulled a very small number of reviews at the direct request of reviewers because of legal issues they encountered or to help facilitate negotiations between a reviewer and a company. After some discussion, we decided to post the text of both email messages. We do this to show our members how some companies will try to damage or destroy their ability to post in our forums. We also do this as a warning to other companies that might try these types of coercive tactics. The FPA will never submit to this form of blackmail.


    We have not gone over all the evidence of scam and fraud that the owner of Easy-Forex-Warning has posted on his site. We invite FPA members to visit his site and to form their own opinions. We ask you to remember that Easy-Forex was willing to resort to threats and intimidation to keep you from seeing the materials posted there.



    Easy-Forex-Warning.com - The website Easy-Forex.com does not want you to see

    Click here to see the first posting of a link to the Easy-Forex-Warning.com website inside the FPA's forums

    .
     
  2. Pharaoh

    Pharaoh Colonel

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    They really threatened to sue a forum because someone posted a link they don't like?!?

    ROTFLMAO!!!!!
     
  3. fxtender

    fxtender Private

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    One way to prevent....

    One of the best ways for people to know what's going on is via forums! They must be on the edge (easy forex) for a number of reasons to react this way. Arrogance know no boundrys! Some people believe 'bullying' is the way to go. This 'outfit' is showing its' REAL colors! KEEP UP THE GREAT WORK FPA!:err:
     
  4. angelucha52

    angelucha52 Recruit

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    I am glad to find people like you FPA.

    I am new in Forex., but reading this post... I feel I was lucky to find FPA.

    Thanks FPA founders.

    My guess Tradelite.net disappears the day FPA enter it site. Tradelite.net guess ,vanished with money from some forex Investors.

    At least these SCAMS companies who try to attract investors are stopped by somebody serious in defending others peoples money
     
  5. awsl

    awsl Private, 1st Class

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    As the saying goes, if you don't speak, nobody know you are stupid. The pretty much says about Easy - Forex Ltd.
     
  6. onoja

    onoja Recruit

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    great job

    Thank God for having a forum like FPA.the only reply i have is to pray God to continue to give you more strength.pls let us know which ways we can be of help to you, you are the hope of the common man in the fx world.thanks from Nigeria
     
  7. ernest8fingers

    ernest8fingers Master Sergeant

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    bye bye

    Seems Easy-Forex is going out of its way to inform all of us as to their real worth. I laugh in their faces-ha ha ha ! Yet another POS forex company that will die this year-good! I Only hope the owners and their families suffer in like to their victims!Slowly , but surely, the bad Companies are found. Often through their own ridiculous behaviour .
     
  8. ABDULAZEEZ I.T.AFOLABI

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    RE-This Broker Tried to.......

    Even though I'm not a Lawyer I had been able to analytically gone through both the allegation and the out come of the investigation team. Similarly, I read some salient portions of the book as published by easy-forex-warning.com. The contents are watershed in respect of how some brokers milk innocent traders dry to their marrow,while they smile to their various banks.

    The whole scenario is a clear transfer of aggression from the easy-forex-warning.com which is the complainant, customer and also the owner of its own domain to the FPA by the easyforex.com (the accused). Technically, if easyforex has an axe to grind it has to slug it out with easy-forex-warning.com.
    Therefore, easyforex.com does not have prima facie evidence against the FPA.

    Regards.
     
  9. omo9ja

    omo9ja Private, 1st Class

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    One of my forex mentors once told me that he gets offended by people who refer to forex as an easy endeavor and i totally agree with him. Now here is a broker who calls his name easy.... Owch!! That's definitely annoying.
    Their intimidation even lacks substance and to think that towards the end of their sordid mail, they were kinda soliciting for FPA's cooperation..... mmm i smell a rat.
    These guys should be flushed out period!
    And thumbs up for you guys at FPA.
     
  10. Strategyrunner

    Strategyrunner Recruit

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    I like your work and appreaciate the support for traders

    I HAVE INCLUDED THIS SENTENCE BECAUSE OF A TYPO. PLEASE DO NOT TAKE OFFENSE AS I MAKE THEM ALL THE TIME.

    Sincerely,


    Alex Findlay

    4. Now that this item has been brought to my attention, can you explain why the FPA should not go ahead and do an investigation and publish a report on the FPA's website and email a link to thay report to the FPA's list of over 30,000 traders? Any such report would naturally have to contain links to the easy-forex-warning.com site.

    Incidentally I published a complaint against a broker which FPA published. I was at the point that I was going to arbitrate a huge loss when I was unable to close a 3 m deal. The offer included .5 pip spreads till I said No to their platform. Originally I tried to close a 3m deal on their platform and could not. At the same time I use Currenex with instant execution and a display of market depth. The broker claimed their was not sufficient liquidity in the market. Currenex screen prints disprove that excuse.

    I insisted on Startegyrunner since Currenex was not offered. The Broker immediately changed the spread rates which were in the contract claiming I had to use their platform. What shocked me was that I now have an admission that the Broker intentionally kept my order on hold and that they would have done the same thing had I been using Strategyrunner.

    This agreement cannot be made public, but I would appreciate your opinion of what I should do as it requires a copy of the anticipated arbitration complaint to be removed from FPA. Origiginally my complaint was removed and was marked vindictive, but in was posted at a later date. The offer makes me an IB and money manager for them at good rates on their platform with limitations of 2.5 m deals

    Do you think I am being manipulated. I have had an excellent relationship with Dukas with the ability to execute 10m deals. and I do not meet the criteria to file a scam nor do I look forward to a year of arbitration.

    In closing your site does wonderful work as the Broker refused to discuss settlement till it appeared on FPA even after their attorney of record had suggested they contact me. After it appeared I received a call from their chief counsel. IN SHORT THEY WERE NOT WORRIED ABOUT THE NFA and now I have direct dial numbers to several executives.

    Sincely,

    Alex Findlay

    ALEXJ.FINDLAY@COMCAST.NET

    PS: PLEASE DO NOT PUBLISH WITHOUT CONTACT
     
    #10 Strategyrunner, Dec 9, 2008
    Last edited: Dec 9, 2008

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