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Why you will delete that thread? I fully do not understand?!? True stories are written here, and all say: "People, be aware of one of the scamiest broker worldwide!" and you going to delete that warning...
Why?
sorry for my English...
I totally agree, that's precisely why I do NOT want to delete it, and I speak about the FXOpen tread, not this one of course.
ND, how can we make a pool asking people if they want to close/delete the FXOpen thread ?
I don't want to delete it because it remains very instructive about the practices of this broker, but I would like to close it so they stop their ridiculous advertising and their insane auto-congratulation of themself.
ND, I'm curious as to why you do not reveal who this 'respectable' broker is - afterall, you suggest that, in your opinion, honest MT brokers, are few and far between, and as your opinion is well respected, I'm sure others would like to know also.
I just explain the story how and after which case I opened account with Alpari rus few years ago. But the brokers are different and everything is changing ... Everybody knows the brokers and names and so on.
I just wonder why the people are depositing money to some unknown unexperienced (may be too expeienced) brokers ... just interesting ...
I remember one case when one guy (other broker's representative) from St.Petersburg/Russia pretending to be a trader from Khazakhstan deposited ... don't remember ... 500,000 or 200,000 dollars to FxOpen Egypt ... It was one thread about it here. He complained that FXOpen Egypt closed his account because he did 50,000 profit in short time ...After he opened thread on our forum I tried to find his city on the detailed map and could not. Too small city. In Khazakhstan. I saw on the map to understand where is Khazakhstan and where is Egypt ... to far from each other ... he did not deposit to the US or UK or to Moscow for example ...
May be I am not right and it is always interesting for the people to send the money to the new brokers.
I simple wanted to say that there are 4 or 5 old brokers (Alpari, IBFX, FXDD and some others) which exist during the many years and those brokers are well known.
I personally only had real account with Alpari (and with some others) so I do not have personal opinion about others ...
Forum is not connected with any broker irrespective off how they are good or bad.
Last edited by newdigital; 03-31-2008 at 04:04 PM.
Below is my first post on the OTHER thread. In it I said PLEASE DON't TELL ME FLORIDA. So what is wrong with Florida (USA)? Let Me say this, Florida has not laws on restricting tellerMarketing None. Most of all the telephone scams in this country originate in Florida. Including Boiler Rooms, Sweat Shops and yes Bucket Shops. I recieve all the NFA's enforcement notices delievered to my email each week. Around 80% of their inforcement actions agains Fx and Futures Brokers are those that are located in supprize, Florida. Florida has more enforcement problems and scam artist then the rest of the country put together. No other state even comes close!
One thing I look at is were the company is located. I am not saying ALL brokers (or businesses) in Florida are crooks but Florida has a reppitation of harboring the more shady ones. Now dont take my work for it do your own research.
I did a little bit of looking into FxOpen, and guess were their point of contact is in the US? WOW you guessed it, Gainsville, Florida. BUT they have a big OFFICE because it extends from Gainsville Florida all the way to West ChesterField, New Hamsphire, a small town of under 1500 people. In case you dont know the United States well, there is over 1800 miles between the two points. I think the number in Florida is a device that captures the incoming calls phone number as it gives a busy signal after the system answers, just long enough to catch your phone number on a caller ID. The one in NH is a machine telling you to leave a message or to begin a fax. It doesnot Identify who they are so you are faxing your personal information to an unknown person / machice.
Funny thing is I winter in Florida just about 50 miles from Gainsville, and my summer home is on the shores of Lake WINNI in the town of Wolfeboro NH again about 50 miles or so to West Chesterfield. WOW I can actually go to their office (both their front office and back office ) and talk to them face to face. I have their addresses to were the landlines are located.
Why are they set up like that? I believe the principle .... not sure yet but.....! There is a reason for it!
Quote:
Originally Posted by cockeyedcowboy
FxOpen
I have to ask. Where is your branch office in the United States? Its Phone Number and its location. And Please don't tell me Florida. Is it an IB, White Label or a real branch. Is it registered with the NFA? Need to check you guys out see if your legal here in the States.
Keit
[edit]
O, and please include all the names that you have operated under, would like to do a complete check, nothing half a.... (done) ..... {did my own editing.}
[/edit]
How many names are they using? I found 4 to this point.
There so call main office is nothing more then a paid repersentative in the city of Victoria, Seychelles. Seychelles only bacame a free and fully independent country in '93. It consist of over 115 small islands scated over a 175 square mile area, off the coast of Africa. The attached picture is of Victoria, Very nice place to live and scam out of! What do you think? You money may be well spent! By the way this country has the largest floating debit per cap and per GPA then any other country in the world. It is also delinquent in its payments to other countrys as well, and most of the country has been put up to cover its loans to other countries. This is a good place to start an off shore (International Bussiness Company) as the governments only requirement is the payment of moneies. Banking information is restrictive, information can only be obtained from court order. I donot know if they have banking there or not.
I do not know were the company's banking is established. Can any one who has sent money by wire to FxOpen say were they sent it, and thoses the recieved withdrawals can you state were it originated from. I would almost guess that the moneies in and out are from two different banks.
Now being established in Florida doesnot make the company a crook, but why did they not say that it was Florida when I asked? O, right I said PLEASE DONT TELL ME FLORIDA .
The fact that they dont tell anything about themselfs is were the problems lay. Any good company that plains to be arround for a while will not be hiding itself a cloud on mystery as they do. You cant even get the name of the owner or the one in charge there. Do a search on the web and all you find are complaints on the company. There are a few that asked questions as I did and have received political answers(B.S.) as we have. That in itself is more then just reason to go else were and no need to waste time with doing any more research. Time to move on to the next broker on your list. There are so meny things that are against you to start with why pick a broker with nothing more to say then weres your money.
The new traders here will never under stand what I am saying here. No matter if I were to hit them on the side of the head with a brick, they will not see the importance or checking out who you are dealling with. Call Walmart and ask them any questions you want you will get an answer even financial questions are answered. If the person you are talking too cant answere they will put you on to some one who can. IT IS NOT DIFFERENT WITH YOUR BROKER. period.
I have better things to do then to continue with this. FxOpen has set itself up to be very hard if not imposible to research, that was done for a reason. The most obvous is to disapear if the need become neccessary.
Hey guys I have a feeling that it becomes bazaar like forexfactory/forexpeacearmy places have. I gave you an example how the broker cheat you each trade (not 1-2-3 times, each single trade!!!) and you do not care, wow! It makes me believe that this thread is just a place for group of people to make somekind of propaganda, heh.
Another story (happened 2 weeks ago with me) my account at ODL was closed (profit over 200K) without any reasons, I received money but I was informed that I will not be able to trade at ODL again, so isn't it interesting for you?
Another one . Last friday NF server was down for over an hour during that time price reached my take profit level, when the server was on again it hitted my stop lose. NF send me a letter that there was no such a price and position will not be recovered (price was hitted at all marketmakers and brokers).
Regarding the whole emotional posts here I can say that I agree that there are some scripts which can be used to take an advantage on MT4 station you can use them at demo for fun but you will not be allowed to use at any broker (Alpari, NF tested). As I understand from the thread all of the complains from the people used somekind of softwares and they all are friends which make me believe that there is something under the table going on. Other posters which say that broker will dissapear because not right country, not right phone, not right documents, not right support are not serious.
Just my 2 cents.
Hey guys I have a feeling that it becomes bazaar like forexfactory/forexpeacearmy places have. I gave you an example how the broker cheat you each trade (not 1-2-3 times, each single trade!!!) and you do not care, wow! It makes me believe that this thread is just a place for group of people to make somekind of propaganda, heh.
Another story (happened 2 weeks ago with me) my account at ODL was closed (profit over 200K) without any reasons, I received money but I was informed that I will not be able to trade at ODL again, so isn't it interesting for you?
Another one . Last friday NF server was down for over an hour during that time price reached my take profit level, when the server was on again it hitted my stop lose. NF send me a letter that there was no such a price and position will not be recovered (price was hitted at all marketmakers and brokers).
Regarding the whole emotional posts here I can say that I agree that there are some scripts which can be used to take an advantage on MT4 station you can use them at demo for fun but you will not be allowed to use at any broker (Alpari, NF tested). As I understand from the thread all of the complains from the people used somekind of softwares and they all are friends which make me believe that there is something under the table going on. Other posters which say that broker will dissapear because not right country, not right phone, not right documents, not right support are not serious.
Just my 2 cents.
well..i have to agree with u..
btw i really love how ND act about this.... cool..
Hey guys I have a feeling that it becomes bazaar like forexfactory/forexpeacearmy places have. I gave you an example how the broker cheat you each trade (not 1-2-3 times, each single trade!!!) and you do not care, wow! It makes me believe that this thread is just a place for group of people to make somekind of propaganda, heh.
Another story (happened 2 weeks ago with me) my account at ODL was closed (profit over 200K) without any reasons, I received money but I was informed that I will not be able to trade at ODL again, so isn't it interesting for you?
Another one . Last friday NF server was down for over an hour during that time price reached my take profit level, when the server was on again it hitted my stop lose. NF send me a letter that there was no such a price and position will not be recovered (price was hitted at all marketmakers and brokers).
Regarding the whole emotional posts here I can say that I agree that there are some scripts which can be used to take an advantage on MT4 station you can use them at demo for fun but you will not be allowed to use at any broker (Alpari, NF tested). As I understand from the thread all of the complains from the people used somekind of softwares and they all are friends which make me believe that there is something under the table going on. Other posters which say that broker will dissapear because not right country, not right phone, not right documents, not right support are not serious.
Just my 2 cents.
dunno what and where u gave the examples - please clarify. and if I said that may prove every single word, that mean that I may. my English is too bad to explain all that I want to say... but may say that "something under table going on" and "people used somekind of softwares" and "they all are friends" are just yours opinions and not facts and that is not true - that I may say. I was just SCAMED by FxOpen - simple to understand, I hope.
) and talk to them face to face. I have their addresses to were the landlines are located.
.
cool..
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