FXOPEN Scam Scum @ Forex Factory

MaXeY · #1 Oct 4, 2007 9:26am

Hello guys

watchout this broker totally scam (fxopen.com)

at 3-10-2007
i traded AUD retail sales news "check attachment"
i made more than 2,000$ profit

*Total profit in managed accounts was over 90k are deleted too.

next day fxopen email says:

> Hello,
> your account 13654 will be closed permanently. You will be able to
> withdraw your initial deposit form that account.

They stolen all my profit, i Got my initial deposit after awhile.

picture attached:
so everyone Watchout from this broker

PrivateFX · #2 Oct 6, 2007 2:54pm

Sorry to hear that, but this happens all the time with bucketshops. They are like casinos but worse. They'll never let you win. If you do, they take it back and kick you out.

melpheos · #3 Oct 6, 2007 3:42pm

No reason for the account close...

I would try to send the info to interpol...

peterM · #4 Oct 6, 2007 3:50pm

ouch.. sorry to hear you got cheated.. it sounds like a case of fraud.

MaXeY · #5 Oct 6, 2007 4:14pm

they removed more than 23K of my profit !

someone told me u can call the police or so, but in forex trading you have no proves to show.

someone may says you have statements, but anyone can Re coded fake statements.

anyway guys watch out this broker.

BurgerKing · #6 Oct 6, 2007 7:15pm

Quote:

Originally Posted by MaXeY

they removed more than 23K of my profit !

someone told me u can call the police or so, but in forex trading you have no proves to show.

someone may says you have statements, but anyone can Re coded fake statements.

anyway guys watch out this broker.

IF however those statements were "emailed" there are "server stamps/tags" therein that will prove it came from their server. It is a "digital fingerprint".

<sarcasm>That is why I was comfortable with UGM and 1World... they give me Daily Confirmation Reports.</sarcasm>

Coder · #7 Oct 6, 2007 8:03pm

Hello MaXeY,

What happened to your thread on the fxopen forum? did they delete it?

What about their promise not to take your initial depost? Have you heard anything
from them at all?

Coder

MaXeY · #8 Oct 6, 2007 8:16pm

Hello coder

yes, They deleted my complain thread there, coz they fear new clients to see complains about them.

they deleted any complain as soon as they see it before other traders read it.

after 40 day of complains, they paid me "yesterday" my initial deposit 600 USD ,

but i have lost 40 days hard work + more than 23 K removed profit.

anyway god will punish them

Quote:

Originally Posted by Coder

Hello MaXeY,

What happened to your thread on the fxopen forum? did they delete it?

What about their promise not to take your initial depost? Have you heard anything
from them at all?

Coder

white_tiger · #9 Oct 6, 2007 11:28pm

1. i think at the agreement, company have right to cancel your order
2. fxopen hedge the net position of client's trade. And in this case, sometimes, due rapid price movement, unable to hedge it. if they can't hedge it and customer make profit, it will be a negative for the company, because they pay customer, which should done by the market, not by company.

MaXeY · #10 Oct 7, 2007 12:14am

Hello

before i open an account with them...... i asked them can i do scalp, news trading.... etc. THEY SAYS YES WE WELCOME ALL TRADING TECHNIQUES

even i talked to the manager of fxopen called danis before open my account... i told him i trade big lots and my profit will be huge, even later my profit can BUY your broker !

he says haha, if you made money we made money, welcome welcome

and here's was the end !

Quote:

Originally Posted by white_tiger

1. i think at the agreement, company have right to cancel your order
2. fxopen hedge the net position of client's trade. And in this case, sometimes, due rapid price movement, unable to hedge it. if they can't hedge it and customer make profit, it will be a negative for the company, because they pay customer, which should done by the market, not by company.

MaXeY · #11 Oct 7, 2007 12:47am

I see FXOpen Admin looking around the thread

welcome:wave:

bravester · #12 Oct 7, 2007 12:54am

FXOpen Admin,
If you have the balls , tell us what really happened. You cannot scam innocent people like this.

MaXeY · #13 Oct 7, 2007 1:15am

Dear manager

i got your email but i replayed you but i got mail failure.

my answer to you:

i don't know cheat trading as you claim, if you don't know maxey then search on the internet about maxey and his Economic Report V 0.4

i know you sad coz no one making this huge profit within short period (1k into> 10K within 2 weeks)

so thats my system fault coz its 95% effective, so thats why you claim am cheater !

thank you.

Quote:

Originally Posted by MaXeY

I see FXOpen Admin looking around the thread

welcome:wave:

Coder · #14 Oct 7, 2007 4:45am

Hello MaXeY,

I know it was not the result that you wanted, but it was good
that you got your initial deposit back.

Why not try a real broker like HotspotFX. They have tight spreads
and have a Java API.

Coder

revoke · #15 Oct 7, 2007 5:17am

u should contact the authoritys from that country from where the broker is operating and let them investigate the case, also print out the agreement u signed when u opened ur account with them. as i se it ur profits are from several trades so if they claim u as cheater they should have stoped u earlier. I have tryed not the same but very similar but i got advice from another broker where i am now. i think u should still go for ur profits tell them that, and u are willing to go much farther and let authoritys check it out i think u should do so asap anyway, if u are very sure u didnt breake any of their rules regarding snipetrading.

revoke