M.Wael Alkel
UWCFX Representative
- Messages
- 15
First allow me to thank Forex Peace Army for giving us the chance to answer some of the serious baseless accusations aimed at our firm and for opening the channel for civilized unbiased debate rather than one sided slander and defamation.
The above mentioned allegations were made by a represented of FxOpen on the well-known forex forum baby pips. The forum administration how ever did not see it fit to allow us to answer these allegations but rather deleted our posts several times and sent us and warning that by answering we are advertising our firm.
FxFrench the official representative of FxOpen made all sorts of serious accusations about our regulation and regulators and never ceased to criticize the Cyprus Securities and Exchange Commission CYSEC, which I can guess was too strict for them to get as it was obvious from the Cyprus address they had to fake for their firm.
Ironically the Mauritius (African Island) Financial Services Commission FSC revoked Fxopen licenses on the 27th of May of this year and the firm remain unregulated since then.
United World Capital is a strictly regulated forex broker our regulation beyond any doubts and I will be posting proves and registration numbers that any one is free to double check
UWC has a compliance department which is always making sure that all company activities are within the regulations and that they are both legal and ethical.
Cysec regulation (Cyprus) 230122 – United world Capital LTD
FSA regulation (UK) 504862 - United World Capital Ltd
BaFin regulation (Germany) 122692 – United World Capital Ltd
UWC is also a member in the investor compensation fund which covers clients in case of the company failure with insurance up to 20,000 Euros per account.
I think it is clear now how UWC is the definition of safety of the forex trader’s funds and I dare anyone to face us with a claim to defuse that backed by tangible evidence.
Fxfrench also claimed that our CEO is the owner of some other forex brokerage companies and that all these companies are the same.
Our CEO Mr. Sergey Mayzus is NOT a shareholder or an employee in any forex company other than UWC and I believe that could be confirmed by representatives of all other brokers in the world. He indeed was involved in Lite Forex before lunching United World Capital but he no longer has any business ties to them since the establishment of UWC. We at UWC are an independent broker offering currency trading services worldwide and competing with all other forex brokers. This information is public information and is available to anyone with google; no one is trying to hide it.
I don’t think it reflects in any negative way on our company if our CEO a successful business man.
FxFrench the official representative of FxOpen stated on babypips and I quote “I was asked by a babypips moderator to clarify this”.
That is absolutely fine but wouldn’t it make more sense for baby pips to ask a representative of United World Capital to clarify issues about United World Capital rather than asking the forum representative of an unregulated competitor .
In January of this year FxOpen stated the following address for their headquarters in their contact page on FxOpen official website (this is still stated as their address on their company profile on baby pips): 14, Loukis Akrita St., Limassol 3030, Cyprus, Tel: +357 (25) 030 250 begin_of_the_skype_highlighting +357 (25) 030 250 end_of_the_skype_highlighting
And after seeing the above mentioned address on FXcompany website and some other companies, I decided to take a trip to that address and pay FxOpen a visit and to my shock the photo speaks for itself. The address was in fact the headquarters for Delta Quest Corporate Services.
On the other hand I would love to send out an open invitation to anyone interested in visiting our company’s headquarters in Cyprus at the following address (we even have driving directions on our website):
31 Ioanni Prodromou Str. United World Capital House Mesa Geitonia, 4002 Limassol Cyprus
This is the 21st century and anyone with an internet connection can Google up all sorts of facts about Fxopen reputation as a forex broker which I am not going to discuss any further.
However what shocked me is the level of unmoral behavior some media companies are willing to do in order to protect one of their precious advertisers. Slandering competitors is something we are used to in this industry but when things get to the point where some of the forums that are considered to be professional and neutral conspire to support such slander, it worries me deeply.
I would like to inform everyone that Forex Peace Army have decided to allow me to publish this post knowing that we do not have or had any advertisement deals with them and I kindly ask them to fully investigate any complaints they might receive from any client of our firm in the future even if we become one of their advertisers. FPA has always been the perfect institution to protect client’s rights in an honest and straight forward brokerage service and that is why it was my first choice for publishing this.
I invite representatives of both Fxopen and baby pips to discuss openly any claims they might have on an established broker like United World Capital.
The above mentioned allegations were made by a represented of FxOpen on the well-known forex forum baby pips. The forum administration how ever did not see it fit to allow us to answer these allegations but rather deleted our posts several times and sent us and warning that by answering we are advertising our firm.
FxFrench the official representative of FxOpen made all sorts of serious accusations about our regulation and regulators and never ceased to criticize the Cyprus Securities and Exchange Commission CYSEC, which I can guess was too strict for them to get as it was obvious from the Cyprus address they had to fake for their firm.
Ironically the Mauritius (African Island) Financial Services Commission FSC revoked Fxopen licenses on the 27th of May of this year and the firm remain unregulated since then.
United World Capital is a strictly regulated forex broker our regulation beyond any doubts and I will be posting proves and registration numbers that any one is free to double check
UWC has a compliance department which is always making sure that all company activities are within the regulations and that they are both legal and ethical.
Cysec regulation (Cyprus) 230122 – United world Capital LTD
FSA regulation (UK) 504862 - United World Capital Ltd
BaFin regulation (Germany) 122692 – United World Capital Ltd
UWC is also a member in the investor compensation fund which covers clients in case of the company failure with insurance up to 20,000 Euros per account.
I think it is clear now how UWC is the definition of safety of the forex trader’s funds and I dare anyone to face us with a claim to defuse that backed by tangible evidence.
Fxfrench also claimed that our CEO is the owner of some other forex brokerage companies and that all these companies are the same.
Our CEO Mr. Sergey Mayzus is NOT a shareholder or an employee in any forex company other than UWC and I believe that could be confirmed by representatives of all other brokers in the world. He indeed was involved in Lite Forex before lunching United World Capital but he no longer has any business ties to them since the establishment of UWC. We at UWC are an independent broker offering currency trading services worldwide and competing with all other forex brokers. This information is public information and is available to anyone with google; no one is trying to hide it.
I don’t think it reflects in any negative way on our company if our CEO a successful business man.
FxFrench the official representative of FxOpen stated on babypips and I quote “I was asked by a babypips moderator to clarify this”.
That is absolutely fine but wouldn’t it make more sense for baby pips to ask a representative of United World Capital to clarify issues about United World Capital rather than asking the forum representative of an unregulated competitor .
In January of this year FxOpen stated the following address for their headquarters in their contact page on FxOpen official website (this is still stated as their address on their company profile on baby pips): 14, Loukis Akrita St., Limassol 3030, Cyprus, Tel: +357 (25) 030 250 begin_of_the_skype_highlighting +357 (25) 030 250 end_of_the_skype_highlighting
And after seeing the above mentioned address on FXcompany website and some other companies, I decided to take a trip to that address and pay FxOpen a visit and to my shock the photo speaks for itself. The address was in fact the headquarters for Delta Quest Corporate Services.
On the other hand I would love to send out an open invitation to anyone interested in visiting our company’s headquarters in Cyprus at the following address (we even have driving directions on our website):
31 Ioanni Prodromou Str. United World Capital House Mesa Geitonia, 4002 Limassol Cyprus
This is the 21st century and anyone with an internet connection can Google up all sorts of facts about Fxopen reputation as a forex broker which I am not going to discuss any further.
However what shocked me is the level of unmoral behavior some media companies are willing to do in order to protect one of their precious advertisers. Slandering competitors is something we are used to in this industry but when things get to the point where some of the forums that are considered to be professional and neutral conspire to support such slander, it worries me deeply.
I would like to inform everyone that Forex Peace Army have decided to allow me to publish this post knowing that we do not have or had any advertisement deals with them and I kindly ask them to fully investigate any complaints they might receive from any client of our firm in the future even if we become one of their advertisers. FPA has always been the perfect institution to protect client’s rights in an honest and straight forward brokerage service and that is why it was my first choice for publishing this.
I invite representatives of both Fxopen and baby pips to discuss openly any claims they might have on an established broker like United World Capital.