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Iranian girl gets money back from Instaforex

  • Post #1
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  • First Post: May 23, 2010 7:33am May 23, 2010 7:33am
  •  Brb-Fraudin
  • | Joined Jan 2009 | Status: 10K a day. | 502 Posts
http://www.forexpeacearmy.com/forex-...stigation.html

An Iranian girl complained to forexpeacearmy that Instaforex deleted her profits and refused to pay. Surprisingly FPA forced them to pay her the 8000% profit!

http://www.forex-tsd.com/metatrader-...tml#post244253
  • Post #2
  • Quote
  • May 23, 2010 7:39am May 23, 2010 7:39am
  •  Petar_Serbia
  • | Commercial Member | Joined May 2009 | 5,750 Posts | Online Now
Quoting Brb-Fraudin
Disliked
http://www.forexpeacearmy.com/forex-...stigation.html

An Iranian girl complained to forexpeacearmy that Instaforex deleted her profits and refused to pay. Surprisingly FPA forced them to pay her the 8000% profit!

http://www.forex-tsd.com/metatrader-...tml#post244253
Ignored
That was before 4 years...I work with Insta and dont have any problems...
"Buy on fear, sell on greed !!!
 
 
  • Post #3
  • Quote
  • May 23, 2010 11:25am May 23, 2010 11:25am
  •  Brb-Fraudin
  • | Joined Jan 2009 | Status: 10K a day. | 502 Posts
Quoting Petar_Serbia
Disliked
That was before 4 years...I work with Insta and dont have any problems...
Ignored
http://www.kaskus.us/showpost.php?p=...&postcount=267

Look what InstaFX did to that Indonesian guy 5 days ago.
 
 
  • Post #4
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  • May 23, 2010 11:54am May 23, 2010 11:54am
  •  Leonlorenzo
  • Joined Aug 2007 | Status: Always trying... | 2,263 Posts
Quoting Brb-Fraudin
Disliked
http://www.forexpeacearmy.com/forex-...stigation.html

An Iranian girl complained to forexpeacearmy that Instaforex deleted her profits and refused to pay. Surprisingly FPA forced them to pay her the 8000% profit!

http://www.forex-tsd.com/metatrader-...tml#post244253
Ignored
A girl? Nahh. I don't believe you!

PS. $100 to $8000 is a 7900% increase.
Living the adventure in my head.
 
 
  • Post #5
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  • May 23, 2010 12:09pm May 23, 2010 12:09pm
  •  Jood
  • | Joined Apr 2010 | Status: Member | 18 Posts
Quoting Leonlorenzo
Disliked
A girl? Nahh. I don't believe you!

PS. $100 to $8000 is a 7900% increase.
Ignored
Insta have ulso close my trades with no reason at the market open on sunday night 09-05-2010 when the Eurjpy gapped about 240 pips i have entered with 5 mini lots long but when the market opened insta have closed my trades . i did not set any take profit for the weekend i was there at the market opening on sunday on market opening to close the trades manualy but the trades where closed by insta,normaly i must be in profit for about 1200$

after i have send them a coupel of emails they have openend the trades again and say sory that the trades where closed .

i have send them back that for me the trade are not importand but th profit is important

i m still in corresponding with them so i hope they will fix it and give me the profit .
till than i dont right any thing bad about them
if i dont get my profit from them i will start a thread and post all charts and with the trades ulso i will post the statement and the letter wath i get from them .

for now i hope they will fixed.
 
 
  • Post #6
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  • May 23, 2010 1:01pm May 23, 2010 1:01pm
  •  Indrek
  • Joined Jun 2009 | Status: Member | 2,430 Posts
Although I think that 100 USD cannot be turned into 8000 USD in 3 days, I still do not understand why should anyone open an account with such a suspicious broker? The case of Iranian girl happened 2 years ago. So, why is the company still alive?
 
 
  • Post #7
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  • May 23, 2010 1:45pm May 23, 2010 1:45pm
  •  Brb-Fraudin
  • | Joined Jan 2009 | Status: 10K a day. | 502 Posts
Quoting Indrek
Disliked
Although I think that 100 USD cannot be turned into 8000 USD in 3 days, I still do not understand why should anyone open an account with such a suspicious broker? The case of Iranian girl happened 2 years ago. So, why is the company still alive?
Ignored
FPA threatned to mark them as a scam on the main page ,so paying the 8000$ is better than ending their business. And they could get it back in 5 days with extra slippage here and there with another traders.
 
 
  • Post #8
  • Quote
  • May 23, 2010 2:11pm May 23, 2010 2:11pm
  •  Indrek
  • Joined Jun 2009 | Status: Member | 2,430 Posts
Quoting Brb-Fraudin
Disliked
FPA threatned to mark them as a scam on the main page ,so paying the 8000$ is better than ending their business. And they could get it back in 5 days with extra slippage here and there with another traders.
Ignored
What I meant is - why people still have accounts with them? After such publicity it would be logical that everyone ran away quickly.
 
 
  • Post #9
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  • May 23, 2010 2:38pm May 23, 2010 2:38pm
  •  Sim
  • Joined Jun 2009 | Status: Member | 2,000 Posts
same reason that people still buy EAs
 
 
  • Post #10
  • Quote
  • May 23, 2010 3:13pm May 23, 2010 3:13pm
  •  Brb-Fraudin
  • | Joined Jan 2009 | Status: 10K a day. | 502 Posts
Quoting Indrek
Disliked
What I meant is - why people still have accounts with them? After such publicity it would be logical that everyone ran away quickly.
Ignored
People still open accounts on FXopen. Not all people are aware whats going around.
 
 
  • Post #11
  • Quote
  • Sep 12, 2010 11:49am Sep 12, 2010 11:49am
  •  StephanusR
  • | Joined Jul 2009 | Status: Member | 322 Posts
Quoting Jood
Disliked
Insta have ulso close my trades with no reason at the market open on sunday night 09-05-2010 when the Eurjpy gapped about 240 pips i have entered with 5 mini lots long but when the market opened insta have closed my trades . i did not set any take profit for the weekend i was there at the market opening on sunday on market opening to close the trades manualy but the trades where closed by insta,normaly i must be in profit for about 1200$

after i have send them a coupel of emails...
Ignored
Market making bucket shops don't hedge their trades but work form the assumption that 99% of their clients will lose all their money within two years. By you making a profit you were basically not going along with their game plan, gambling houses wants you to lose and if somehow win they rig the machines.
 
 
  • Post #12
  • Quote
  • Sep 12, 2010 12:52pm Sep 12, 2010 12:52pm
  •  Robot
  • | Joined May 2009 | Status: 10% a month guy | 616 Posts
its not a girl its a male!!!! PLEASE FIX YOUR THREAD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
 
  • Post #13
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  • Sep 12, 2010 5:37pm Sep 12, 2010 5:37pm
  •  standardpips
  • | Membership Revoked | Joined Sep 2010 | 8 Posts
Quoting Brb-Fraudin
Disliked
People still open accounts on FXopen. Not all people are aware whats going around.
Ignored
The people who have accounts with them are not in US right?
 
 
  • Post #14
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  • Last Post: Sep 13, 2010 5:18am Sep 13, 2010 5:18am
  •  steve930
  • | Joined Dec 2007 | Status: Member | 154 Posts
Quoting Robot
Disliked
its not a girl its a male!!!! PLEASE FIX YOUR THREAD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Ignored
I love people who are so obsessive compulsive that they feel a need to correct every insignificant detail. "it's not 8000% profit, it's 7900%" and the quote above.

Yes, that profit percentage difference and the gender of the person changes the whole discussion.

 
 
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