fpaarmy Reviews

Review for FxGlory.com

jakarta, Indonesia,
Mar 14, 2018,
Registered user

SCAMMER! They Cancel My Profit !!

I'm news trader. I opened BUY STOP and SELL STOP 1 minute before news release. and I get some profit from this trading style. after 2 weeks trading then I decided to withdraw my profit. but suddenly they reject my withdrawal and cancel my profitable trades from my mt4 account. but the funny thing, I have another mt4 account with same trading method ( I use the same news trading EA) with the result is LOSS, but somehow they refused to cancel my loss trades.

they said

"The profit or loss of those positions which are opened by the client is acceptable only if the positions are connected to the bank. Any trade which lasts more than 7 minutes will be connected to our providers but if it lasts less, it needs to be checked according to our providers’ reports. For more information, please follow this link: https://fxglory.com/user-agreement/"

this is the chat transcript between me & the customer service support:


"You are now chatting with Walid .M - English Support
15:56 Walid .M:
Welcome to Fxglory live chat, my name is Walid. Please mention your account number to start a conversation.

15:56 me:
Hi Walid.

15:56 me:
mt4 account: 47854

15:56 me:
why fxglory deducted by balance ?

15:57 me:
361 usd ?

15:57 me:
now the balance only left 80 usd

15:57 Walid .M:
Hello Aziz, please hold a moment,

15:58 Walid .M:
Due the scalping rule, some trades has been removed,

15:58 Walid .M:
The profit or loss of those positions which are opened by the client is acceptable only if the positions are connected to the bank. Any trade which lasts more than 7 minutes will be connected to our providers but if it lasts less, it needs to be checked according to our providers’ reports. For more information, please follow this link: https://fxglory.com/user-agreement/

15:59 me:
how come?

16:00 Walid .M:
As per the scalping rule, which is mentioned at our user agreement,

16:00 me:
if you accepted my requested trade, it means you accept it no matter the result profit or not.

16:01 me:
and why u only remove the profit. there's some trade that opened in less than 1 minute but the result is loss. why u don't cancel this trade too, sir ?

16:01 Walid .M:
Any trade which lasts more than 7 minutes will be connected to our providers but if it lasts less, it needs to be checked according to our providers’ reports.

16:02 me:
it's inconsistency policy. which give damage to the traders, but give money to fxglory. how come u survive with this tricky & cheat rule in the forex industry

16:02 me:
again, why u only cancel profit from scalping trades. why u don't cancel loss from scalping trades ?

16:03 Walid .M:
It is the company rule Aziz,

16:03 me:
it's weird.

16:03 me:
it means u steal the money from your customer.

16:03 me:
I ask fxglory to give all my deposit back.

16:04 Walid .M:
All company rules mentioned at our user agreement,

16:05 me:
you can also check from my other mt4 account: 47855

16:06 me:
and can u also cancel my scalping trades on that account?

16:06 me:
just remain the deposit.

16:06 me:
just be consisten with your own rule. come on.

16:08 me:
Hello, sir ?

16:08 Walid .M:
No trades been removed regarding the mentioned account. no.47855,

16:08 me:
why? because it all loss trade?

16:08 me:
if profit then removed, if loss then just ignore? how come? funny..

16:09 Walid .M:
It have to be checked,

16:10 Walid .M:
Are there any other questions that I can assist you with?

16:10 me:
just check account 47855. and pls cancel all scalping trades as well like my other account?

16:10 me:
I need my deposit back

16:11 me:
i can try to find other trading style..

16:11 Walid .M:
You can order for withdrawal, and it will be processed accordingly,

16:12 me:
but first pls remove all scalping trades on that account. u cancel my USD 361 profit in account 47854 but you ignore my loss trades in account 47855 ? it's not fair, Sir..

16:13 me:
both account use same trading style. all is scalping less than 1 minute.

16:13 Walid .M:
The related department checking the all trades and act due the company rules,

16:14 me:
I will wait for that.

16:14 me:
how long the process ?

16:15 Walid .M:
Sorry sir, did you mean the time for checking the trades?

16:16 me:
yes

16:16 Walid .M:
No exact time, related to management,

16:17 me:
funny :)"

my mt4 account after I submitted wd request, they cancel 361 usd profit:
[url=https://ibb.co/jmoLcx][img]https://preview.ibb.co/dUSrjc/Screen_Shot_2018_03_14_at_3_58_50_PM.png[/img][/url]

then they wiped my scalping trades:
[url=https://ibb.co/h4AGHx][img]https://preview.ibb.co/geJgjc/Screen_Shot_2018_03_14_at_4_07_53_PM.png[/img][/url]
[url=https://imgbb.com/]up load pictures[/url]

my advice is never trade with fxglory. They're scammer & steal your money!! stay away from them!
  2 traders have found this review helpful

Review for FXCLearing.com (FXCL)

jakarta, Indonesia,
Feb 15, 2018,
Registered user

FXCL hold my pending order until 10 minutes and execute it with 52 pips slippage! crazy!

I'm a news trader. I opened BUY STOP and SELL STOP 1 minute before news release.
Yesterday, February 14th, 2018 in news release USDCAD for Core CPI m/m report, I open pending order position in FXCL ECN Plus account.

I found that in my ECN Account Plus, FXCL holds my pending order for almost 10 minutes and execute it with 52.2 pips slippage!!

in a normal situation, I should get profit trade at least 50 pips. if calculated by 1.88 lot, the profit that I will get from this trade is 500 points x 1.88 lot = 940 USD! but in reality I loss 32.72 USD!

I opened Pending Order (SELLS TOP and BUY STOP) 1 minute before news release USDCAD last night. but somehow after the news released and price going up for almost 50 pips, my BUY STOP is not opened. then after 10 minutes, FXCL hold my Pending Order, FXCL executed my PO at price with 52.2 pips slippage!

then I contacted their customer support via email at support@fxclearing.com and get this reply:

"Dear xxxxx,

Our investigation showed that within a short period of time, a large number of new clients from Malaysia who are using identical trading strategy came to our company. Their strategy is to set a great number of pending orders during the major news releases. During the news release these order block each other thus form a queue. Our liquidity provider executes such orders at a current price available at a moment a queue comes in. We recommend to take these circumstances into consideration when choosing a trading stategy.

Kind regards,
Neville Ford

Account Manager
FXCL Markets Ltd."

The funny thing is they blame traders because trade with news.
From this incident, I 100% sure that FXCL is a dealing broker. their ECN account is just another fake ECN.
 

Review for TradePulseFX.com

jakarta, Indonesia,
Jan 18, 2018,
Registered user

tradepulse is SCAM BROKER!

tradepulsefx is totally SCAM! they cancel my profitable trade.

i register for their no deposit bonus from this page http://tradepulsefx.com/bonus.html

once registered, i get 300 usd free credit to trade.
few weeks later, my account growth to almost 1800 usd which is profit 1500 usd.

my trading strategy is use my own EA (some of my EA is news EA which can make 50% profit in 1 trade).

and I chat to customer service (live chat) their answer is very very stupid. they said their no deposit bonus account is no longer available.

lucky me because i already have screenshoot before & after my profitable trades deleted:

1 day before tradepulse delete my profitable trade:
<img src='https://i.imgur.com/yWygJ0S.png' />

this is after tradepulse deleted my profitable trades:
<img src='https://i.imgur.com/euj4Kl3.png' />

and this is the chat transcript:

"Trade Pulse Ltd:
Welcome back! Can I help you with anything?

me:
hi
can u check my account? suddenly some of my profitable trades dissapeared today :)
Read

Trade Pulse Ltd:
Is it bonus account

me:
for stp broker, weird, right?
yes, bonus account
under my email me:@Kliksolution.com

Trade Pulse Ltd:
We have terminated all bonus account due to fake account by bots

Sorry for incoveince

me:
what do u means fake account ?

Trade Pulse Ltd:
We do not entertain any more bonus acc

5700 bonus acc were created with fake profile

So we have removed the program

For everyone

Sorry for incoveince caused

me:
and why ur bonus account page still online http://tradepulsefx.com/bonus.html ? and all promotion from across forex website is still there..
Trade Pulse

Trade Pulse Ltd:
Yes we have removed it

Tonight you won't see it

me:
still alive, brother
u afraid with profitable trader ?

Trade Pulse Ltd:
Kindly cheak after few hours

me:
why u create bonus account if u plan to remove it ?

Trade Pulse Ltd:
Even profit is withdrawals after 3 months the and 25% so it's never a burden for broker

Kindly let me know if I can help you with anything else

me:
if u r really stp broker, u will not do that. if u do that, then there's only 1 possibility for that: tradepulse is market maker. they againts their client.

Trade Pulse Ltd:
Sorry for the promotional offer

me:
i will posting this conversation to forexpeacearmy.
end.

Trade Pulse Ltd:
Even I terms we have mention can be withdrawn without notice if any wrong marketing is used

Sorry for incoveince

We have updated this on forex peace that bonus is removed and sorry for clients

me:
no sorry, u r playing with the dangers.

Trade Pulse Ltd:
If any real accounts problem faced let us know we are happy for a refund immediately

Yes you can do what you wish to

Have a great day"