Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

CMSFX: Scammers or REAL DEAL 3 replies

Scammers - Life Capital (Probusinessbank) 4 replies

Attachments: Scammers - Hall of Shame
Exit Attachments

Scammers - Hall of Shame

Finally out of the closet

I have a strong opinion but will save sharing it for the moment to remain cordial.

Tell the truth and shame the devil my grandfather always said.

Cheers
Blue
Perseverance, a desire to be the best, confidence, unbeatable.
Quoting SingaRich
Would there be anyway to add Ata to this list?
I wouldn't go so far as to say he is a scammer, but he certainly doesn't take negative feedback well. I see that he banned you from the EURUSD Only thread by putting you on ignore. Welcome to the club. lol
FIDELCREST SCAMMER: https://challenge.fidelcrest.com/#account-type
FIDELCREST SCAM

I would like to add Fidelcrest to this SCAMMERS LIST. They claim if you pass their challenge for a fee you can trade their company's capital. Here is the catch for $499 for low risk funded account profit target is 2.5% a month. But the problem is: For $25,000 account you are limited to 2% margin limit meaning the $25,000 account is actually the same as how much you paid Fidelcrest. So you just funded your own account plus you are giving Fidelcrest 60% commission the first month

At least there is now a link on Fidelcrest where they tell you about the margin limit but separated from the challenge program when you click on the buy challenge. So most will only know about the margin limit after you pay up. Before I heard it is much worst they only tell you after you sign up and they will email it to you on a PDF file.

Here are the links to my other posts.

https://www.forexfactory.com/showthr...7#post12868067
https://www.forexfactory.com/showthr...8#post12869648
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 250 KB
Be like water go with the flow
Quoting pipfarm
{quote} Yes i have seen Aussi and diggers trading statements, there are so many scammers, liers, bullshitters, braggers, ego centric people not only this forum, it never ceases to amaze me, i do my best to call them out. Why do people like FractalFreak (prolific chart poster of his system but never reveals it) GeorgeAus ( claims to have re invented technical analysis mostly crazy ramblings, teamed up with fractalfreak) Aussi (prolific statements posters claiming no loses, bragging constantly) Digger1 (teamed up with aussi to create a double bragging...
hi pip,

I've read the statements from digger1 and Aussi .. of course the results are very "positive" ..
I don't want to say that these results are impossible ... I know scalpers with a win rate of over 90% !!
I wouldn't call this fraud ..
Maybe we 4 ( digger1, Aussi, you and me) can just start a (live!) trade explorer .... then we'll see if these guys and you and me are just "air pumps" ( in German:Luftpumpen!!
In 2021 trading in Germany will be dead..
Quoting thevisitor
{quote} hi pip, I've read the statements from digger1 and Aussi .. of course the results are very "positive" .. I don't want to say that these results are impossible ... I know scalpers with a win rate of over 90% !! I wouldn't call this fraud .. Maybe we 4 ( digger1, Aussi, you and me) can just start a (live!) trade explorer .... then we'll see if these guys and you and me are just "air pumps" ( in German:Luftpumpen!!
seems mate people what a pound of flesh for being a good trader , now we talk about trade explorer , i did that long ago and i found people doing trades from it so leaching was a sin in my books and claiming the trades where theirs , so copying trades there was no incentive for them to learn you have to look at what people are asking for and say to yourself are they just wanting to be able to copy my trades being greedy ass holes to the extreme in my books , next is why should i do any thing for you so called traders you mean nothing to me not a ziltch of goatsht i know the ulterior motive behind it - i do live trades for my subscribers and hangers one and you dks still want more and more and more and more , i will post to my page
I LEARNT HOW TO TRADE
Whole of this thread is a full of shit ..
its scammer biggest of all... its "cloaca maxima" of frustration...
it is a cries of helplessness ...
BN
Quoting Winston Reed
.
Quoting FXsniper111
{quote} I
Quoting Hutch
{quote}
Quoting mcquak
{quote}
https://www.forexfactory.com/showthr...969840&page=42

I think this thread above should be moved to commercial, since he's charging 100$ .
What do you guys think?
When U allow your emotions to dictate your decisions, U make bad decision
Quoting SolidSnake-
{quote} {quote} {quote} {quote} https://www.forexfactory.com/showthr...969840&page=42 I think this thread above should be moved to commercial, since he's charging 100$ . What do you guys think?
Agree 100%.
Quoting FXsniper111
{quote} Even he is in Commercial section i dont think its because he is trying to sell anyting they got moved over to commercial bye mistake....I do belive after the little i did read of the two treads they mainly write in....I Think Billyt,Tooslow and lemencenaire are real traders and share what they can for free....As i have said i only read a little bit on their treads,but Lemencenaire helped me privatly on PM`S a while ago when i struggeled with my strategie and displine he did not say anyting abaut paying for someting he where very helpful,but...
Some blokes have it in for others. Nothing for sale from me. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Quoting TooSlow
{quote} Some blokes have it in for others. Nothing for sale from me. Cheers!
lol....that was an old post....Happy trading Too Slow
Quoting FXsniper111
{quote} lol....that was an old post....Happy trading Too Slow
Just saw it today, Mate. No worries.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Here to add am_trading (forex twitch streamer) to the list of scammers.

He decided to take on pupils and mentor individuals claiming his one month track record was conclusive evidence of his profitability as a trader (90% of traders lose 90% of their capital in 90 days... so 1 month doesn't mean shit). At this time he was also providing signals.

He charmed investors into putting money with him and he completely blew his account and the investors alongside him. He no longer has any active investors for this reason.

Has a huge ego and still acts like he's the best trader in the world.

Still acts like he's an incredible trader but he's been trading on a 100k prop account (BLUFX) since October 2019 and has made no progress. May 2020 and still on 100k BLUFX account.

I've included his FXBLUE (not to be confused with BLUFX which is a prop firm) track record of his 5k account to which he linked his investors and clients (this is a blown account he stopped updating and had forgotten to remove the track record... for the moment this webpage is live)

Included the picture of the MYFXBOOK of the same account completely blown out. (He has removed this track record)

Included an Instragam post of him from October 2019 proving he was trading 100k BLUFX then and still is now. No progress has been made.

Included a picture of him boasting about how he "trades for clients"

https://www.fxblue.com/users/bazza

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 113 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 92 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 76 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 4.png Size: 32 KB
What do you guys think?

$500 a month for a "forecasting service"

www.scorpionfx.com

Extracted from his website:

"We have been managing client funds (profitably) since 2006. And we hold the Guinness World Record for the most consecutive winning trades in a row."

https://www.myfxbook.com/members/jar...pionfx/2547870

"This was a very complex, high-end EA that we created for an institutional-level client back in the first
half of 2018 (a $200,000 project). And the main reason for showing these stats on myfxbook.com,
is to give our clients an idea of our level of experience in the market. As well as to show
our clients what is possible with a highly specialized, finely detailed trading strategy.

These stats were gathered during the development period of this EA. During which time
our client was live-testing various aspects of the strategy. And once the EA reached
a certain level of performance and stability, the client decided it was time
to move the EA to their primary trading account.

At that point, our client stopped using the EA on that particular Metatrader account.
And this is why there are no further updates to this Myfxbook page since 2018.
Since then, this EA has been running in a family office in Singapore.
On an account with capital in excess of $25 million."


alnotrade, avoid.

https://www.forexfactory.com/showthread.php?t=1005377

when you see drawdowns such as 30,40,50% in a small space of time : avoid
when you see Profit Factor as low as 1.12 , 1.13, 1.30 : avoid

Careful investors must exercise due diligence., you will find something fake on their website.
Anyone think this is a scam because you need to submit a positive review to get an indicator for free? https://www.mql5.com/en/market/product/33638
Quoting GodRa
Anyone think this is a scam because you need to submit a positive review to get an indicator for free? https://www.mql5.com/en/market/product/33638
Without looking. YES, or maybe immoral,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Quoting GodRa
Anyone think this is a scam because you need to submit a positive review to get an indicator for free? https://www.mql5.com/en/market/product/33638
There are many sellers on mql5 that do that, its quite common practice from what I've seen browsing the mql5 market. It's not very honest or transparent, but none the less mql5 does not do anything about it so its up to the buyer to do his due diligence when checking out products for sale there.
Truth is like poetry. And most people f*cking hate poetry.
Quoting mcquak
{quote} I have had my "CycleTrader" i.e. common ZigZag running side by side with his (see screenshot in on of my previous post). The rectangles on his CycleTrader were drawn and got repainted "exactly" on the same tick as mine ZigZag with default settings. Like Swiss watches. Actually when I saw this for the first time I realized that all that "institutional" bait is lie
the guy is full of bs. All you need to do is put his flow trader on renko or range bars to see they are not based on volume. They are based on price and price alone. They are lagging Indicators but the parameters are set very short.

i love that now when you do a google search for Nick Vendetti Forex my post about him being a scam is the first thing that show up. I know he spends a lot of time in forexfactory. Its odd for someone supposedly so successful. Dont ask me how, i just know... so Nick!
Quoting Sciurus
{quote} the guy is full of bs. All you need to do is put his flow trader on renko or range bars to see they are not based on volume. They are based on price and price alone. They are lagging Indicators but the parameters are set very short. i love that now when you do a google search for Nick Vendetti Forex my post about him being a scam is the first thing that show up. I know he spends a lot of time in forexfactory. Its odd for someone supposedly so successful. Dont ask me how, i just know... so Nick!
I guess Nick lost some credibility. Searching https://www.youtube.com/nickvendetti you get
Attached Image
0 traders viewing now