Our last 3 month performance with MAM AUTOMATION {image}
Ignored
HERE IS THE COMMUNICAITON DETAILS WHICH DONE BY INFINOX COMPLIANCE WITH CLIENT WAS ON MAY’2021. 1st: INFINOX Reply:
On Wed, May 26, 2021 at 5:47 PM Compliance Bahamas <[email protected] ([email protected])> wrote: Dear Mr. Awari, RE MAM: AJ-Strategy 3 Swap Free MAM Master - 200106 Updating Clients on Performance The performance of your MAM has fallen below 70% and as such, our compliance procedure requires us to inform each client of the current Balance, Equity and Performance of their trading account under the MAM. We intend to send this communication to the clients in the coming days. Have you communicated the performance of the client accounts with the clients? Update on Performance Given the performance of this MAM, can you explain what changes to the trading strategy will be implemented by you to improve the performance of the MAM. We require this explanation from you before we can allow for new clients to be added. If we are unable to receive a satisfactory explanation, then we are within our rights to stop offering the MAM our services, which may require you to close down the MAM. We look forward to receiving a response from you as a matter or urgency Thanks, {C}{C}[IMG]file:///C:/Users/NKUNJS~1/AppData/Local/Temp/msohtmlclip1/01/clip_image002.png[/IMG]{C} Compliance Infinox Capital [email protected] ([email protected]) 0-800-060-8744 www.infinox.com (http://www.infinox.com/) 2nd: MAM MANAGER Reply: Mr. Pravin Bapu ---------- Forwarded message ---------
From: FEDTM ACADEMY <[email protected] ([email protected])>
Date: Wed, 26 May 2021 at 09:40
Subject: Re: MAM 200106
To: Compliance Bahamas <[email protected] ([email protected])>
Dear support team Thanks for your email and taking extra care of our clients 1. I know that performance fallen below 70 % and i am trying my best to recover it and i will do recover in next 4 to 6 month 2. No i have not communicated to clients if i communicate with them they will ask for withdrawal and account will be crashed if you any intent to inform clients please don't do this give me 6 month time i will take exit from broker 3. i am charging 1 % profit share from if account is in profit on monthly basis 4. The same policy if you informed me before started business with you it was really appreciated 5. And again i request you if your policy is changed i will take exit from side just give me 6 month time i hope you will support me for the same as i given you committed business till the date
Kind Regards, PravinBapu Founder & CEO - FEDTM ACADEMY {C}{C}[IMG]file:///C:/Users/NKUNJS~1/AppData/Local/Temp/msohtmlclip1/01/clip_image004.jpg[/IMG]{C} Jay Ganesh Fame , B wing 412/413 Akurdi Pune India Ph: +91 9860698197 Email : [email protected] web : https://fedtmbillionaires.club (https://fedtmbillionaires.club/)
3rd INFINOX Reply:
Dear Mr Pravin Bapu Thank you for your recent email. All data is correct as of end of day 31st May 2021. Please see the attached spreadsheet and summary below:
Master_Balance
Master_Equity
8,315,341.20
732,007.31
Can you please confirm: 1. The Balance and Equity is correct 2. That you understand that you are responsible for the trading on the client accounts 3. That you will seek to ensure that the trading performance is improved, so that the performance of the client accounts is inline with the expectations of the clients Thanks
Thanks for mail 1. Yest he Balance and Equity is correct 2 . Yes I understand that I am responsible for the trading on the client accounts. 3. i ensure that the trading performance will improve , so that the performance of the client accounts is inline with the expectations of the clients. Kind Regards, PravinBapu Founder & CEO - FEDTM ACADEMY {C}{C}[IMG]file:///C:/Users/NKUNJS~1/AppData/Local/Temp/msohtmlclip1/01/clip_image005.jpg[/IMG]{C} Jay Ganesh Fame , B wing 412/413 Akurdi Pune India Ph: +91 9860698197 Email : [email protected] web : https://fedtmbillionaires.club (https://fedtmbillionaires.club/)
5TH : MAM MANAGER Reply: Mr. Pravin Bapu On Tue, 10 Aug 2021 at 08:44, FEDTM ACADEMY <[email protected] ([email protected])> wrote: Dear sir please check my account no 200106 which all trades closed before market open on monday all trade closing time showing IST 2 am to 2;06 am kindly check and do investigation and give your support .all clients are panic and need your support in situation check attachment mail Kind Regards, PravinBapu Founder & CEO - FEDTM ACADEMY {C}{C}[IMG]file:///C:/Users/NKUNJS~1/AppData/Local/Temp/msohtmlclip1/01/clip_image005.jpg[/IMG]{C} Jay Ganesh Fame , B wing 412/413 Akurdi Pune India Ph: +91 9860698197 Email : [email protected] web : https://fedtmbillionaires.club (https://fedtmbillionaires.club/)
6TH INFINOX Reply: On Tue, 10 Aug 2021, 15:13 Jay Mawji, <[email protected] ([email protected])> wrote: Hi, Thank you for your email. On the screenshot below, you will see the opening times of the Gold Market:
You will see on this screenshot that your trades close when the market was open
There were no issues with the trading platform at this time. Thanks
7TH: MAM MANAGER Reply: Mr. Pravin Bapu: MAM MANAGER Reply: Mr. Pravin Bapu On Tue, 10 Aug 2021 at 13:00, FEDTM ACADEMY <[email protected] ([email protected])> wrote: Thank you for your response sir Also if you can address about spread it will be helpful
8TH INFINOX Reply: On Tue, 10 Aug 2021, 19:37 Jay Mawji, <[email protected] ([email protected])> wrote: Hi Can you please explain what you mean by 'address about spread'? Thanks
9TH : MAM MANAGER Reply: Mr. Pravin Bapu On Tue, 10 Aug 2021 at 15:19, FEDTM ACADEMY <[email protected] ([email protected])> wrote:Spread was very high during this time that's why account effeted to stop out kindly check snap
10TH INFINOX Reply: On Tue, 10 Aug 2021, 19:57 Jay Mawji, <[email protected] ([email protected])> wrote: Hi Please see a link to Bloomberg below, that explains the market conditions: https://www.bloomberg.com/news/articles/2021-08-08/gold-drops-silver-tumbles-after-u-s-jobs-growth-tops-estimates (https://www.bloomberg.com/news/articles/2021-08-08/gold-drops-silver-tumbles-after-u-s-jobs-growth-tops-estimates) As you see there was a volatile market condition, some described as a 'flash crash'. INFINOX was providing tighter spreads and better execution than most market participants. Thanks
11TH : MAM MANAGER Reply: Mr. Pravin Bapu On Tue, 10 Aug 2021, 22:07 FEDTM ACADEMY, <[email protected] ([email protected])> wrote: Sir I am looking for support from broker. same message communicated with nijay sir and our team if you all support me I will definitely make big business for infinox from all over the world . In next 1 year I am assured you I can reach 500 Cr buisness just need support from you for this situation whatever the conditions you want I will agree with you just need support please think on out of the way will be thankful to you lifetime
12TH : MAM MANAGER Reply: Mr. Pravin Bapu On Wed, 11 Aug 2021 at 09:48, FEDTM ACADEMY <[email protected] ([email protected])> wrote: Sir your help is very much appreciated If you stand behind me this time I will make this situation as golden chance to bounce back I have all team with me and having capacity to bring big business . Just work on possible solution
13TH INFINOX Reply: On Wed, 11 Aug 2021, 19:52 Jay Mawji, <[email protected] ([email protected])> wrote: Hi As a Brokerage, we provide excellent execution only service. INFINOX is always supporting all partners and clients. We provide market leading trading conditions and reliable service. That is why we have a strong relationship and reputation. Thanks
14TH : MAM MANAGER Reply: Mr. Pravin Bapu On Wed, 11 Aug 2021 at 16:36, FEDTM ACADEMY <[email protected] ([email protected])> wrote: Clients asking for steatment with liquidity provider and logs Please send it so I can show them 15TH INFINOX Reply: On Wed, 11 Aug 2021, 21:36 Jay Mawji, <[email protected] ([email protected])> wrote: Hi Please confirm what instrument and what time you would like to see this information for? It would need to be accurate to the minute as the log is detailed. 16TH : MAM MANAGER Reply: Mr. Pravin Bapu On Wed, 11 Aug 2021 at 18:25, FEDTM ACADEMY <[email protected] ([email protected])> wrote: All closed steatment demand by clients 17TH INFINOX Reply: On Wed, 11 Aug 2021, 23:20 Jay Mawji, <[email protected] ([email protected])> wrote: You are able to send them the statement from the MAM you traded on behalf of all clients. All prices of execution are correct. If you have a specific trade query, you can raise this. 18TH : MAM MANAGER Reply: Mr. Pravin Bapu On Wed, 11 Aug 2021 at 19:40, FEDTM ACADEMY <[email protected] ([email protected])> wrote: They are asking for is our trade passed to liquidaty provider or broker did B book so all want to check real proof I hope we can show them whatever the reality we have with us 19TH INFINOX Reply: On Thu, 12 Aug 2021, 12:34 Jay Mawji, <[email protected] ([email protected])> wrote: Dear Sir All trades are executed on STP to Liquidity Providers pricing. As you know from your trading on the MAM account, there is no issue with the pricing and execution. The client losses are from the trading on the MAM and those trades losing money. Thanks 20TH : MAM MANAGER Reply: Mr. Pravin Bapu ---------- Forwarded message ---------
From: FEDTM ACADEMY <[email protected] ([email protected])>
Date: Thu, 12 Aug 2021 at 08:13
Subject: Re: support for mam account 200106
To: Jay Mawji <[email protected] ([email protected])> What you are saying I can agree with you but I have to answer clients and it's big pressure on me many know about all trading mecanissam and how it's work clients everyday visiting my office and asking for proof So we have show them real transection with LP and logs of trade and I need your support Check attachment If you read all above communication, As we INFINOX has provided all information to MAM Manager , including LP Trade Details and etc… Now , Situation is of this MAM Manager Mr. Pravin Awari failed all commitments with their clients, so he started to spoil our name in markets. We are aware about this issue , Now his clients also went know real picture of Mr. Parvin Awari. You can share this information to your clients. Thanks !
Our last 3 month performance with MAM AUTOMATION {image}
Ignored
Dear All,
we requesting you Keep Avoid this such Scammers.
This PRAVIN ARJUN AWARI, Director DIN : 08367546 & 08367547, Directors of FEDTM INDUSTRIES PRIVATE LIMITED are PRAVIN ARJUN AWARI, PRADIP ARJUN AWARI.
are this two Brothers are doing Big scam in Indian Clients, they are taking money from client and doing fund management with diffrent Brokers in India.
This both are Big Scammers in Markets,who took fund from Big and small Investors and doing Trading Activity with very High Volume, He is the main person who 7 to 8 times did this such Fraud and spoining Brokers Name in Markets.
Recently He loss 7 Million USD with One Broker name FX Primus, where we took 50% Share on Loss of Trading , He is showing trading loss to clients but Actully He made Money from it.
He is Owning many Personal properties , Luxury Cars, many more.....
i am happy with your EA , but i have just one problem : in tight margin market that could hang between our two hedging setup entries , EA open a lot of doubled trades with no limit ( how can i stop this ? )
{quote} Dear All, we requesting you Keep Avoid this such Scammers. This PRAVIN ARJUN AWARI, Director DIN : 08367546 & 08367547, Directors of FEDTM INDUSTRIES PRIVATE LIMITED are PRAVIN ARJUN AWARI, PRADIP ARJUN AWARI. are this two Brothers are doing Big scam in Indian Clients, they are taking money from client and doing fund management with diffrent Brokers in India. This both are Big Scammers in Markets,who took fund from Big and small Investors and doing Trading Activity with very High Volume, He is the main person who 7 to 8 times did this such...
{quote} HERE IS THE COMMUNICAITON DETAILS WHICH DONE BY INFINOX COMPLIANCE WITH CLIENT WAS ON MAY’2021. 1st: INFINOX Reply: On Wed, May 26, 2021 at 5:47 PM Compliance Bahamas <[email protected] ("[email protected]")> wrote: Dear Mr. Awari, RE MAM: AJ-Strategy 3 Swap Free MAM Master - 200106 Updating Clients on Performance The performance of your MAM has fallen below 70% and as such, our compliance procedure requires us to inform each client of the current Balance, Equity and Performance of their trading account under the MAM. We intend...
