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Tune Forex | Give your opinion about this broker conversation

Discussion in 'Scam Alerts' started by ertore, Jun 15, 2011.

  1. ertore

    ertore Private

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    [03:49:40 p.m.] John Davies - Tune Forex: Hello
    [03:49:56 p.m.] John Davies - Tune Forex: This is John Davies from tune forex
    [03:50:00 p.m.] John Davies - Tune Forex: we have a proposal for you
    no other forex broker could give you such deal
    as you may already know 90% of people lose in the forex market
    and 99.9% of forex brokers are market makers
    they get the big fish and leave the IB with bread crumps
    and that is due to the great avarage loss among clients
    90% of clients trading with high leverage lose
    meaning the forex company make money from thier loss
    but we are willing to give you a golden label
    and that is 40% of you clients loss-profit
    calculated and sent to you at the end of each month
    that is the same as owning 40% of the forex broker
    [03:50:08 p.m.] John Davies - Tune Forex: are you interested
    [03:51:26 p.m.] FXDominicano: yes sir
    [03:51:31 p.m.] FXDominicano: but got a question
    [03:51:40 p.m.] FXDominicano: are u a dealing desk?
    [03:51:45 p.m.] FXDominicano: or into the market
    [03:51:46 p.m.] FXDominicano: ?
    [03:51:48 p.m.] John Davies - Tune Forex: yes
    [03:51:55 p.m.] John Davies - Tune Forex: dealing desk
    [03:52:08 p.m.] John Davies - Tune Forex: no one is into the market
    [03:52:09 p.m.] FXDominicano: people want real market
    [03:52:19 p.m.] John Davies - Tune Forex: most are market makers
    [03:52:27 p.m.] FXDominicano: ok
    [03:52:29 p.m.] John Davies - Tune Forex: yeah but poeple dont know that
    [03:52:39 p.m.] FXDominicano: ok
    [03:52:41 p.m.] John Davies - Tune Forex: for all they know we are stp
    [03:52:51 p.m.] John Davies - Tune Forex: its the forex seceret
    [03:53:40 p.m.] FXDominicano: ok
    [03:53:45 p.m.] FXDominicano: so you are dealing desk
    [03:53:55 p.m.] FXDominicano: you get the money from losers to your company
    [03:53:57 p.m.] FXDominicano: right?
    [03:54:02 p.m.] John Davies - Tune Forex: right
    [03:54:04 p.m.] FXDominicano: but if some one wins
    [03:54:09 p.m.] FXDominicano: example
    [03:54:16 p.m.] John Davies - Tune Forex: and its why we make 500% more
    [03:54:26 p.m.] FXDominicano: 100 thousand dollars account get to 500 thousand
    [03:54:34 p.m.] FXDominicano: and people withdrawl
    [03:54:36 p.m.] John Davies - Tune Forex: 90% of people are losers
    [03:54:38 p.m.] FXDominicano: money
    [03:54:42 p.m.] FXDominicano: i know that
    [03:54:57 p.m.] John Davies - Tune Forex: you will drain them in a month
    [03:55:02 p.m.] John Davies - Tune Forex: I have the best dealers
    [03:55:09 p.m.] John Davies - Tune Forex: 25 round the clock
    [03:55:18 p.m.] John Davies - Tune Forex: reqouting winners
    [03:55:32 p.m.] John Davies - Tune Forex: and delaying thier execution
    [03:55:52 p.m.] John Davies - Tune Forex: its Loss-Profit
    [03:55:53 p.m.] FXDominicano: thats steal
    [03:56:16 p.m.] John Davies - Tune Forex: stealing is illegal
    [03:56:28 p.m.] John Davies - Tune Forex: market making brokerage is legal
    [03:56:38 p.m.] John Davies - Tune Forex: its a business like anyother
    [03:56:42 p.m.] FXDominicano: ok
    [03:56:47 p.m.] FXDominicano: but if you make requotes
    [03:56:49 p.m.] John Davies - Tune Forex: there to make money
    [03:57:04 p.m.] FXDominicano: ur making people lose their entry in a higher point
    [03:57:10 p.m.] John Davies - Tune Forex: we are no different than casinos that uses cameras
    [03:57:21 p.m.] John Davies - Tune Forex: not all lose
    [03:57:28 p.m.] John Davies - Tune Forex: we maintain 10% winners
    [03:57:35 p.m.] John Davies - Tune Forex: for marketing
    [03:57:50 p.m.] FXDominicano: how u control who wins and who lose?
    [03:58:07 p.m.] John Davies - Tune Forex: you controll to an extent not fully
    [03:58:23 p.m.] John Davies - Tune Forex: most lose but when more than 10% starts to win
    [03:58:42 p.m.] John Davies - Tune Forex: the reqouting and execution delay starts
    [03:59:01 p.m.] John Davies - Tune Forex: we insure a stable big income
    [04:02:24 p.m.] John Davies - Tune Forex: just no scallpers
    [04:02:34 p.m.] John Davies - Tune Forex: we dont allow scalping
    [04:03:24 p.m.] John Davies - Tune Forex: our client agreement doesnt allow it
    [04:03:41 p.m.] John Davies - Tune Forex: we lose too much

    For me this company is a scammer. Get rid of them as soon as possible.
     
  2. Pharaoh

    Pharaoh Colonel

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    Intriguing conversation. Did you get a screenshot?
     
  3. MichelAnge21

    MichelAnge21 Sergeant

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    Hahaha

    Am I amused ? Yes

    Am I surprised ? No

    The question is....are the trades really entered in the market with such brokers ? Probably not: it s all a big demo server in my opinion. Why would they bother with actually clearing the orders ? He stopped short of clearly confirming my suspicion.

    Now, that guy exagerrates when he says 99% of brokers are just like them. He should say " 99% of crap non regulated brokers located in offshore locations and run by crooks like our company"

    Anyway, anybody ( even a newbie ) who opens an account with a broker located in Panama like Tune Forex needs to learn his lesson at least once. Later, you ll call it " experience ".
     
    #3 MichelAnge21, Jun 15, 2011
    Last edited: Jun 15, 2011
  4. vincam

    vincam Sergeant

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    That's great, you start winning, we start screwing you. Nice. :p
     
  5. Stony

    Stony Sergeant

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    I like that statement:

    "Stealing is illegal. Market making brokerage is legal."

    That´s the essential ! :p
     
  6. Sibali

    Sibali Corporal

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    Well i can't say anything about the Company, but i gotta agree with the guy.
    90% forex brokers are money makers, no matter what they say, ECN, STP, NDD etc. They really don't pass the trades to the market. I also agree with the buy the most of the traders are losers.
    so it is a good way to earn if they play fair.
     
  7. Tune Forex

    Tune Forex Tune-Forex Representative

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    This shows nothing but the complete ignorance in our trading terms by the fabricator of this competitor propaganda. It talks about requoting and Tune Forex never gave any requotes since we launched our company until this day. Actually we have instant execution with 0 requotes policy. All clients who have used Tune Forex know that the maximum execution time is 2 seconds.
    We do not allow scalping less than 3 minutes per trade because of arbitrage scalpers who take advantage of price feed delay making trades within seconds with rates that the firm it self won't get from liquidity provider which is a banned practice by not only us but by many brokers who provide 0 requotes and 0 unconfirmed trades.
    Go talk to our clients and see if there was even one complaint about how fast and honest our deposits and withdrawals.
    Competitors see a new successful forex broker in town giving traders the best trading conditions, 25% bonuses and many funding options and they start inventing misleading stories to ruin their reputation.
    To clear some other points that has been placed under discussion in FPA we allow internal transfer between verified accounts only. Account verification with a proof of identity and proof of address is asked for upon opening an account for any amount. We never give any partner (IB or GL) credit so client money that shows on the platform is his money that was received by our firm and we are responsible for it.
    Account verification with a proof of identity is asked for upon opening an account for any amount.
    The $10,000 compulsory verification with a proof of identity and proof of address mentioned in our AML policy is based on the relevant law in the Panama AML law.
    I hereby assure all of you that Mr. John Davies one of our supporters was not a counterpart in such conversation.
    As for our Golden Label program it is simply a VIP IB account where the GL gets 1.8 pips commission, API open new account form and login form so clients can open accounts from their websites in addition to higher bonus for their clients than what they would get if they sign up directly.
    Try us first then give an informed opinion next time please. Please note that this will be my last post about the subject because as a company we offer support only via live chat, E-mail or telephone and we have no time to go around forums answering every story someone might come up with. The only verified sources of information about Tune Forex are these channels and FPA and anyone else is more than welcome to ask for any clarification through them.

    Kamal Farhat, CEO
    www.tune-forex.com
     
  8. Pharaoh

    Pharaoh Colonel

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    Do Tune Forex IBs get paid out of client losses?
     

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