My name is Shn , who has live account at J&k Futures which is a forex broker located in
LA - 3435 Wilshire Blvd. Suite 1103 Los Angeles, CA 90010
NY - 44 Wall Street 13th Fl. New York, NY 10005
(----Index----)
I am sure that I have lost $43,085 caused by J&K's improper and scam business manner.
I would like to explain briefly about this dispute.
1. As a typical scalper, I traded USDJPY during from 05:28 to 13:16 EST on June 4, 2008 and took $43,085 profit.
During my trading, the market was normal condition.
2. However, the forex broker J&K deleted and removed all of my trading history and got rid of my profit $43,286 without any mutual agreement, insisted on that there was spike on their trading platform during from 02:05 to 04:55 EST on same day(June 4, 2008)
3. J&K confirmed many times that abnormal time span is "02:05- 04:55 EST 4th June"
4. I traded 05:28-13:16 and it was outside of abnormal conditin time(as they called)
5. As I didn't trade during that time, I showed them my trading report which I saved in my computer as an evidence, they suddenly changed the time from 02:05-04:55 to 02:05-05:55 in order to my trading time be involved
and refuse to restore my profit until now.
I cannot understand such mean manner.
6. Even though I accept their time span(02:05 ~ 05:55)(but never agree), just 27 minitues of 8 hours(my trading time) involved in that time span, it is unfair and unreasonable getting rid of my all profit.
At lease they should pay my fair trading profit from 05:55 to 13:16 EST.
Therefore, I think this is a definite behaviour of scam and want to file a claim on your Dispute Resolution.
I searched J&K Futures(NFA ID 0320630) on your Website, unfortunately, however, I found following ;
- NFA Member withdrawn(10/27/2006)
- Current Status (Muhan Investment LLC)
. Principal Approved (03/07/2008)
. NFA Associate member pending (02/28/2008)
As you can see, the J&K is not a NFA member now and about to close their business if the new company Muhan Investment LLC begins their business.
They said J&K have partnership with Muhan, and I guess J&K would change their company name and the CEO.
Therefore they will continue their business with different company name and concerned director board.
LA - 3435 Wilshire Blvd. Suite 1103 Los Angeles, CA 90010
NY - 44 Wall Street 13th Fl. New York, NY 10005
(----Index----)
I am sure that I have lost $43,085 caused by J&K's improper and scam business manner.
I would like to explain briefly about this dispute.
1. As a typical scalper, I traded USDJPY during from 05:28 to 13:16 EST on June 4, 2008 and took $43,085 profit.
During my trading, the market was normal condition.
2. However, the forex broker J&K deleted and removed all of my trading history and got rid of my profit $43,286 without any mutual agreement, insisted on that there was spike on their trading platform during from 02:05 to 04:55 EST on same day(June 4, 2008)
3. J&K confirmed many times that abnormal time span is "02:05- 04:55 EST 4th June"
4. I traded 05:28-13:16 and it was outside of abnormal conditin time(as they called)
5. As I didn't trade during that time, I showed them my trading report which I saved in my computer as an evidence, they suddenly changed the time from 02:05-04:55 to 02:05-05:55 in order to my trading time be involved
and refuse to restore my profit until now.
I cannot understand such mean manner.
6. Even though I accept their time span(02:05 ~ 05:55)(but never agree), just 27 minitues of 8 hours(my trading time) involved in that time span, it is unfair and unreasonable getting rid of my all profit.
At lease they should pay my fair trading profit from 05:55 to 13:16 EST.
Therefore, I think this is a definite behaviour of scam and want to file a claim on your Dispute Resolution.
I searched J&K Futures(NFA ID 0320630) on your Website, unfortunately, however, I found following ;
- NFA Member withdrawn(10/27/2006)
- Current Status (Muhan Investment LLC)
. Principal Approved (03/07/2008)
. NFA Associate member pending (02/28/2008)
As you can see, the J&K is not a NFA member now and about to close their business if the new company Muhan Investment LLC begins their business.
They said J&K have partnership with Muhan, and I guess J&K would change their company name and the CEO.
Therefore they will continue their business with different company name and concerned director board.
Last edited:
