Issues with FXOpen

All the info you need here ---» http://fxopen.info/

Another trader lost his deposited money. One member here had a similar situation - maxey

PS: i don't know why people open accounts with this kind of "brokers". Just go to the NFA site if you know what's good for you...

Interesting SCAM.

They open business and accept money. Then, they change name, and claiming you have to withdraw the money from the old company?

WOW! What a Scam!

If the whole story in the above link is real (no reason to doubt it) my question is: How could you give them 50,000 USD? Thy're not regulated anywhere and there are lots of websites where people wrote bad things about them.

Hello
Thanks for posting my story. I hope the thieves will be found and punished. I created a webpage and will post all the news, as they arrive, there.
Indeed, FXopen is a scam company, who stole USD 135000 from me.

Fake is not strong enough. Change it to "SCAM" .

I am not the author of the thread. And I thought posting the same information near an existing thread would be a forum rules violation... But if admins can - I think it would be a proper thread name.

with so many soild broker's around, why would somebody give money to a fly by night firm, they get what they deserve, i know harsh words, this has to be a newbie mistake.

Well, FXOpen is around 3 years on the market and according to the reviews on the web and aggressive advertisement - they seemed to be a solid broker.

No matter what, no newbie nor anyone deserve such treatment. Maybe you want to say something else, you don't mean the word deserve?
It boils inside me when I hear how unfair and crooked some people are.

Just don't think that being christians your are brothers. Neither for the muslims. Maybe if you are with the free mason, you are better of. LOL

any broker who messes with people money is not solid, more like unstable.

let me say this, you can't always tell if a broker is gonna screw you, but there's clear signs with some broker like website, customer service, and certain question that you ask a broker and so on, there noway i would put 50k with this broker, and thats just by eye sight.

I agree Moe. But it is hard to blame someone who is new. If I have a son driving my Lambo and someone driving recklessly slam on to him and he got hurt. Can I tell him that he deserve getting hurt and that he should have seen that there is a car on the road coming?
Most new drivers watch only their side of the road and how they are driving themselves. They have not learn to look out for other's driving.
Your are an experienced driver, I admire your wisdom

im not fxopen admin. just copy it from our local forum.



Official letter from FXOpen Management Dear Friends,

Over the last few weeks we have faced a situation whereby a group of people have endeavoured to spread a negative and libelous view of our company, FXOpen on the internet.

Up until now, we have not felt the need to bring too much attention to these threats to our integrity, but the situation has now changed.

This letter has been drafted to try and explain what is going on and to reveal some of the internal politics of the organisation which we would normally prefer to be kept confidential, in order to diffuse the situation.

Everything began with useless spam(including Penis Enlargement and dating sites) which has been sent to our clients again and again (we apologise to our Clients who have received these spam emails. It is unfortunate that some people whom had Manager's status abused the email system for this kind of immoral business).

Then, our server began to receive daily hacking attempts to try and crash it and to steal confidential information. This criminal activity is still happening.
Now, the situation has arisen, where an anti-FXOpen website has been created...what can we say? - "Much more professional this time our dear ex-friends!".

Poltek Business ltd, was a coalition of FXopen Management and other "Partners". Since the beginning of this coalition there was nothing done from the side of "Partners" to develop our business, and all improvement and upgrades were rejected by them. All this was designed to slow the development and business vision of FXOpen.

Recently, FXopen management held an emergency meeting, and decided to separate from our "Partners" as the effectiveness of the business was decreasing. Our partners were informed about this and due to a contractual obligation, some clients from former Soviet countries and Russia, had to remain with Poltek Business ltd, and all other clients were retained by FXOpen.

As you can understand, this made our ex-partners unhappy (and we can understand them of course) so they began "Operation Client Erlan".

The gist of this operation was as follows:

Someone named "Erlan", from Kazakhstan supposedly deposited just over $50,000 on his trading account.Then, during the night a fake position was opened by our former partners. It was 150 lots, which is of course impossible to do with 1:200 leverage and the amount of margin available to the account.

We tried to investigate this situation, but immediately, all Manager's accesses were closed off for several minutes. Then, when the server appeared to work normally again, this magical position of "Erlan" was closed manually during the downtime, which was impossible to do for the person without Administrator's access. So, the question is, how was this trade closed, and who closed it when access to the server was closed even to FXOpen Managers? That answer is blindingly obvious.

"Erlan" is a client of Poltek, company which the co-owners (our ex-partners) are also co-owners of several other brokerage projects.

We ask you to compare the websites of beaverheadfinacial.com , iberiaforex.com , masterforex.org and of course fxopen.info. You can plainly see the "hand of the webmaster" and the similar designs.

Our IT department can make a website like this every day. Please check: http://fxjoke.com

Regarding communications with "Erlan":

1) The client "Erlan" is registered as citizen of Kazakhstan really under the name Erlan but he even don't know that an account was opened under his name it's first. And second after we change the operational company to Belvedere Inc. and that client contacted us about his account(which belongs to Poltek Business Ltd.) we advised him to email to provide us his real phone number. But he emailed us the following:

Hello I have contacted your support once again and they asked for my phone number. Since I am a nephew of a city mayor and I am almost sure my phone line is
tapped, I want to keep this information private.

Therefore, please use our U.S. phone number for communication. The support
team told me you will call today. Please do, I am waiting for your call. The
issue is very urgent.

Very interesting why the client trying to hide his normal land line phone number from the company which under his opinion has his money?

2) 2) Someone named "Erlan" called our Egyptian representatives and claiming that he is from Pakistan! ...strange...

3) Egyptian support do not have access to any financial records or trading operations of the client as part of our security and confidentiality policy. They are tasked to deal only with basic support issues.

There is a standing order, that when a client calls regarding any withdrawal problem, to forward this to the main office and always assure the client that
problem will be solved as soon as possible (this is normal customer support etiquette). The query is then forwarded to the main office.

4) The client "Erlan" was always changing his IP addresses and location, and as you see from the whois on "his" website, uses anonymous details to register the website. When the pieces of the puzzle are put together, you can see that "Erlan" is actually a group of people or a company working together which want to profane the GOOD NAME OF THE COMPANY FXOpen.

To see what we think about "Erlan's" website please check this out.. http://fxjoke.com/
We are sure that registration on 'Erlan's" website is not safe and details provided on "Erlan's" website might be used for SPAM ( this was proven several times).

This website was created in just 12 minutes by our IT team. Fake details are used throughout the website, as used on "Erlan's" website as you can see, so I hope we can all laugh together at it (http://fxjoke.com/)

We understand that "Erlan's" website will hit our reputation somewhat, mostly for people that have never used our services so we are working towards a solution which will put an end to "Operation Erlan" very soon.

With this information we provide, we duly request that the Administration of this forum do consider removing mr.Erlan's posts, and links, and to please ban him as soon as possible.
PS. We have managed to find the real Erlan Saduakasov and will ask him to report to his local police as his identity appears to have been stolen.

Agreed. If the victim truly deserved it, then the culprit should be applauded. That is not the case.

hai erlan,

kindly give your feedback regarding Fxopen official letter . Please answer it. are you really one of staff under "Operation Client Erlan".

Hello Erlan,

You need to support your claims.

Please post your trading statements for the period that you
were trading with FXOpen.

Also please post all email correspondence between you and FXOpen
pertaining to the alleged dispute.

Thank you.

Coder

The statments and deposits and trades are already posted in the link in the first page. Seems pretty easy to read to me.

Thanks smjones,

Looks like a valid claim from the screenshots posted.

Coder

where are you erlan ?

come on where is your feedback. you suddenly disappear when Fxopen give those letter..

I will return with a response to this lying letter today.