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Issues with FXOpen

  • #21
  • Oct 10, 2007 3:21am Oct 10, 2007 3:21am
Quoting stannero
where are you erlan ?

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

Funny, you sound just like a "attorney". Feeling nervous today?
  • #22
  • Edited 6:05am Oct 10, 2007 5:16am | Edited 6:05am
Dudes don't believe in BS claims and scam...the guy who posted this article seems fake with his claim....

you think for yourself..a GUY from kazakistan...which is one of the poorest countries in the world..comes out a winner in forex with no knowledge what so ever of which are the best forex firms on the internet and don't even know about level-2 trading and puts all his money in one basket..

and to top it all goes with e-gold which is the one of the biggest online bank frauds and are being busted and investigated by US for couple of months...he goes to the extreme and make look himself like a victim...

May be fxOpen is a scam and may be he got scammed by them but not 100,000 USD as he claims to be but by only 100 USD or so...guys..i can say that for a fact..cos i know how it feels and to live in a third world country and trade forex with USD..even 100 USD look like 100,000 in local currency....

Things just don't add up..I'm not saying a guy from poor and underdeveloped country can't make it big..all im saying is if he has to be that good..He can't be that stupid either...to be on top from no where..u really need to be that extra ordinary...and what the hell is he doing in Kazakistan with 50,000 USD..he will be like bill gates there...most of the people with even 5000 USD tries to immigrate to UK with that kinda money from eastern europe..

You only pay for what you deserve folks...im not judging fxopen or the guy..may be both are good or both are lying...BUT you really can't expect all the world to be do gooders for you ..thats what its called Due Diligence for no reason..

And all of you guys who are sympathesing with this guy..think for yourself..is it soo easy to be stupid and make 100,000 USD in months where even the pro's from developed country with super fast PCs and phycology books takes atleast 5 years to master...and i don't know any successful guy on the internet who does not know who are the best broker today and are consistent winner at the same time..

and again...we all know we make mistakes one time or the other...but it really makes beat my mind..why he call himself a pro trader..and if we dissect his trade..he made 160% return in just one month from 50,000+ to 130,000 +..why is he crying for 80,000 and 130,000 bucks if he could make that kinda return month after month...if he is really a pro..he should go on and double his profits and think of this loss in his stride and if he is not and it was just one flash in the pan...he would have lost money anyway to real pro traders in the coming months....

by the way..he must have a million dollar in his bank to trade or did he gambled all in..is he a human or robot...a guy with only a million dollar would have guts to trade with 50,000 dollars or is he just a gambler and shall we all sympathise with a gambler..

I have not yet seen a millionaire crying in forex factory forum or has he not read the forex bible "trading in the zone" by mark douglos..not taking responsibility for ones own action and putting the blame on external environment...


By the way..I would be very happy if this is really a scam...cos i will feel good for i know..it is soo easy to make money at the same time being stupid in FOREX...and we all sympathysers would be happy to prove the proverb wrong.

"A Fool and his money soon part ways"
  • #23
  • Oct 10, 2007 5:35am Oct 10, 2007 5:35am
Quoting stannero
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).
Relax and be happy.
  • #24
  • Oct 10, 2007 5:37am Oct 10, 2007 5:37am
Quoting spiderforex
.thats what its called Due Diligence for no reason..
we dont need due diligence, we have Maxey
Relax and be happy.
  • #25
  • Oct 10, 2007 5:41am Oct 10, 2007 5:41am
Hmm prono emails, strange excuses, wierd company breakups...

How would that go down with CTFC if they were a US company?

If it looks like a duck, quacks like a duck, walks like a duck, It is probably a duck... LOL
  • #26
  • Oct 10, 2007 5:53am Oct 10, 2007 5:53am
Quoting smjones
If it looks like a duck, quacks like a duck, walks like a duck, It is probably a duck... LOL
Either that or the useless spam (including Penis Enlargement and dating sites) campaign was more succesfull than expected.
  • #27
  • Oct 10, 2007 7:24am Oct 10, 2007 7:24am
I have received a number of emails and phone calls from people who support me and I must thank them all for their participation. On the 9th of October, FXOpen has published a mendacious letter with «comments».

Below is the response.

Quote
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!".
All the scam companies BEFORE they disappear with all customers' money usually complain about mythic spam and hacker attacks. It has always been this way and FXOpen is one more case.

Quote
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".
Actually, these inner relations between you and your partners and whoever else are none of my business. I do not care, what happened between Belveder, Poltek, FXOpen or anyone else. You have stolen my money and I

want them back. You «have informed» your partners about customer base division. Can you post a whole list of customers who are «not yours» any more? More than this, WHY didn't you inform me that I am not

your customer any more?
The fact that you «informed» your patrners about customer base division means that YOU decide, which customers would stay with you and who will be with Poltek. If YOU make such decisions, it means that YOU are

Poltek, stop lying to me. You have all the money, including mine. And now you want to throw off your responsibility to some other unexisting company, while this is YOU YOURSELF. Liars!

Quote
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.
Let me draw your attention to this: supposedly deposited. Does it mean that ALL the money that people deposit to your company are deposited supposedly? So you can steal them any time? And then just pretend

nobody transferred you real money? This is scam.
I am ready to provide my E-Gold purse access to any respected member of this community to see the history of the account. I will provide the access and you will create a screenshot from the E-Gold account

history and post it here. So that everyone can see – I HAVE deposited 50000 USD, not supposedly, but really, and FXOpen Scam Company has stolen them. This is a fact. I hope you will not tell that your mythic

«partners» persuaded E-Gold company to create a fake history?

Quote
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.
Does this mean that anyone can easily access your server and execute any order there? Wow! A nice opportunity for traders, I guess. Well, we have the account history (and you have it as well, by the way), and it

was not Holy Ghost who opened the order. And, (please don't consider it a hint), if the order went against the trend – you would not mind against gaining USD 50000, right?
Anyway, this order was accepted by you. Why didn't you delete it? Why didn't you consider it as «disputable»? Why you did not react to this order in any way? You started to say something is wrong with this order

(there can't be leverage over 1:200 and other lies) only AFTER 3 WEEKS. After that there were other orders on my account. And NO reaction, or leverage changes from your side. Then I started a public campaign

against you. And only after that you posted this insane version that some «ex-partners» are trying to attack you.
In fact I do not care, if I am a customer of Belveder, Poltek, FXOpen, or whatever other names you have. You MUST return my money. I had trades on YOUR server, I deposited money to YOUR account and YOU have stolen

them. You have DELETED the account with 140000 USD on it.

Quote
Our IT department can make a website like this every day. Please check: www.fxjoke.com
It is an idiotic, but in fact, a very true and sad joke. Because you show Borat Sagdiev (a character of a «Borat» movie) praising your scam company. This way you show you consider ALL your customers as

idiots (check the movie), and you show how you easily steal their money. Besides you show fake, Photoshop edited screenshots. Good work, guys!

Quote
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.
Are you nuts? What is this supposed to mean? Who are you talking to then? Make another 10 sites like fxjoke.com.

Quote
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?
You contradict yourself. Why would you ask for my phone number if I am not your customer? You have confirmed I am your customer, you knew about my order, and I was talking to YOU. The records are available at

http://fxopen.info.
Talking to you via a regular line would be TOO expensive (I don't even know where you are located). But I have a REAL phone number, and here it is: +1 (601) 255-4504
ANYONE can call me and talk. Let's check your numbers, posted on your website. I can say that NONE of them ever answered except the egyptian number:

+1 (352) 397-2678 - USA
+44 0113 815 0258 - United Kingdom
+33 870 440 213 - France
+41 (44) 586 58 67 - Switzerland
+852 8199 0778 - Hong Kong S.A.R., China

Now let the respected community call on any or all of these phone numbers and see they are a fake and you are a scam company.

Quote
Someone named "Erlan" called our Egyptian representatives and claiming that he is from Pakistan! ...strange...
Well, if your manager is as unqualified as not to see the difference between Pakistan and Kazakhstan – what can be discussed with him (her?)?


Quote
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.
First of all, be honest and say that you have no other support except Egyptian. The fact that your support has no information about accounts means once again you are scammers and the real situation is in the hands

of 1-2 persons. And they are are insane according to what they write in their «letters».
Quote
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.
Where is this mythic «main office» located? What is its phone number? Why is there NO CONTACT INFORMATION of this «main office» published? Does your support know their address/phone? Does it exist at all?
Where should a person with a several thousand USD deposit call, to talk not to an unqualified support with poor english, but to a person who is in charge for financial questions?
I see that at present:
Customer Support has no information about accounts
The main office has no contact information
A full list of scam company features.

Quote
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.
I am Erlan Saduakasov and I do not change my location. Now take a look at whois records of FXOpen/FXEgypt and (WOW!) poltekbusiness.com
http://whois.domaintools.com/fxopen.com
http://whois.domaintools.com/poltekbusiness.com

Screenshots for FXOpen WHOIS records:
http://fxopen.info/images/fxopen_whois1.gif
http://fxopen.info/images/fxopen_whois2.gif

Screenshots for Poltek WHOIS records:
http://fxopen.info/images/poltek_whois1.gif
http://fxopen.info/images/poltek_whois2.gif

Find 10 differences. So when you refer to Poltek as former partners and other company – you are lying to your customers and the whole web community. The domains are registered to the same (fake, I guess) persons

and same emails and contact details. You are thieves, who steal customers money and then throw responsibility to your own fake companies.

Quote
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
You have no «good name». Your company «FXOpen» is 2 weeks old. And I guess you will go on changing names and stealing customers' money. After a month a new «FX_something_else» will appear, and more people will be

robbed by these scammers, I suppose.

Quote
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.
This is a lie. You are afraid to contact me. My name is Erlan Saduakasov, and CAN YOU TELL YOUR NAMES? You have anonymous domains, fake phones and addresses, who are you? Can you tell that in public? I suppose you

want to finish off with me in the best traditions of Russian Mafia, especially when we talk about USD 140000, a huge sum.

In the end I suggest to have the third party involved in this argument as an arbitrator. I suggest it to be a respected by everyone authority who is competent is the question more than I and FXOpen scam company. I

suggest to refer to MetaQuotes Company, the developer of Metatrader to check the logs and transactions and see who is right.
I officially announce that I am ready to provide all logs from my computer (even the computer itself, if required) to MetaQuotes Company. As well as E-Gold account. Can FXOpen scammers provide their (and their fake

partners) server logs and E-Gold history?

I guess, you know the answer in advance. In case you want to save your «good name», please return my money. In this case I will take away my accusations and post positive feedback on you.
  • #28
  • Oct 10, 2007 7:41am Oct 10, 2007 7:41am
Quoting Erlan
I will return with a response to this lying letter today.
yahh nice.. that what i wanted to hear... love to hear from the both side of view.. hehe
  • #29
  • Oct 10, 2007 7:44am Oct 10, 2007 7:44am
Well I just spent quite a bit of time at their web site and he is right, there is no information as to where this company is located and certainly no address on the web site and no regulatory inforamtion at all. The only thing I could find there was phone numbers.
  • #30
  • Edited 8:25am Oct 10, 2007 8:04am | Edited 8:25am
Quoting spiderforex

and to top it all goes with e-gold which is the one of the biggest online bank frauds and are being busted and investigated by US for couple of months...he goes to the extreme and make look himself like a victim...
To be fair, e-gold the company is not a scam/fraud. It is however, being used by alot of people: investment (like I did), e-money, as well as money laundering.

It is indeed true that the US FBI have tried and tried time and again to scrutinize e-gold's record but everytime e-gold comes out clean.

I personally have used egold since 2005 and the snapshots shown by erlan on the egold transactions are "verifiable" (with the help of court order though). As erlan has offered to give access to his egold account, we can easily verify that there was indeed 49K transaction. We do have to verify that the destination/recipient 4560421 is FXOPEN though.

Umm.. FXOPEN been in the business for 3 years? Their egold account 4560421 doesnot agree with the age. My egold account is lower than 253xxxx and it was created Q4 2005.

HOWEVER, having used egold to fund the account does not imply "erlan" is a single "real" person and not a fake entity as FXOPEN tries to defend itself with... It is up to erlan to provide his certified identity to solidify part of his story.

Nonetheless, whether erlan is a real person or not, it stll boils down to the fact whether the trades were bogus (so claim FXopen), or FXopen refuse withdrawal (so claim erlan).

Personally, seeing how a fellow FF friend got screwed by FXOPEN, I lean to side erlan with his story.
  • #31
  • Oct 10, 2007 1:40pm Oct 10, 2007 1:40pm
I think Fxopen = (Fxegypt) have something to do with Gftforex.
as when you are opening the site you see in the status bar down the name of gftforex apear. could they be affiliate with GFTforex!!!!
it shows transferring data from gftforex.com.
it is something to be checked. I have no idea about it but this is just what I did notice.
  • #32
  • Oct 10, 2007 2:22pm Oct 10, 2007 2:22pm
Quoting spiderforex
Dudes don't believe in BS claims and scam...the guy who posted this article seems fake with his claim....

you think for yourself..a GUY from kazakistan...which is one of the poorest countries in the world..
I haven't really read the thread completely, just skimmed it. Haven't even really read all of your post. But just wanted to comment here....

why can't a guy from Kazakhstan have a lot of money? There is a lot of money there. I think maybe you're thinking of Uzbekistan or one of the other neighbours there.

obviously not the average person would have this kind of money... but in such countries there are a lot of rich people and a lot of, well, not-so-rich people. Of course I don't live there, but I would be surprised if it is not the case. There is after all, oil there.
  • #33
  • Oct 10, 2007 3:17pm Oct 10, 2007 3:17pm
Well as Maxey is an old and member in this forum, so am I and I hope Maxey can visit and confirm. And he doesn't lie about his claims, because I've seen his statements and I'm friends with the man. I had little problem with FXOPEN aka FXEGYPT. I've been with them since opening, and I have like 5 referrals and no problem. We did have a problem about false spikes but sipport did solve them. I was able to withdraw more than 3.5K (profit) between webmoney and wire transfer and I recently ordered a visa electron card and waiting for it to arive. Recently I made a wire withdrawal of 1.2K and now I'm filing for a 2K withdrawal and have been removed from my account today and will let you know if they reach my bank account. With all due respect to every member who's posting against this broker, I had no problem with them. I can post screenshots of payments. I mean come on guys, many of you tried Northfinance who isn't registered nor controlled anywhere. And what about the NFA regulated brokers? I see a whole lot of bad reviews here in the same forum like deleting trades, slippage, modifying trades, freezing accounts, etc.......
N.B: I'm not saying that this Erlan guy is a liar but I'm just expressing my point of vue. By the way, when I receive money to my bank account, will post screenshot from my bank statement.
  • #34
  • Oct 10, 2007 3:37pm Oct 10, 2007 3:37pm
erlan i really feel for you man. not only did your money get stolen, but now you have to waste your time with this crap. sorry you had to go through this man

i am appalled and disgusted by the responses of FX Open, they are even using "scam cliches" such as hackers etc. really sad the morals of some people. dont worry though, what goes around comes around.
Relax and be happy.
  • #35
  • Oct 10, 2007 4:35pm Oct 10, 2007 4:35pm
Quoting Erlan
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.

Hi Erlan,

You need assistance. Explain your case and they will advise you. Try to contact these people and ask them for the police department of that country in which the scammers are from. If the scammers has no fixed country, they will be investigating. They should advise you to get your country's police to contact them.
When you contact the police from which ever contry, say the Interpol send you to them. It makes a difference.
This is France headquaters. They are nice and helpful people.

INTERPOL
General Secretariat
200, quai Charles de Gaulle
69006 Lyon
France
Fax: (33) 4 72 44 71 63
  • #36
  • Oct 10, 2007 5:19pm Oct 10, 2007 5:19pm
Quoting merlin
i am appalled and disgusted by the responses of FX Open, they are even using "scam cliches" such as hackers etc. really sad the morals of some people. dont worry though, what goes around comes around.
Hack attacks are one of the most used excuses by a lot of HYIP scams. They always claim they got hacked and their money lost and therefore could no longer pay up. Blame it to the hackers.

HYIP, if you are not familiar, are "High Yield Investment Programs" that popped up as a result of tremendous e-gold success. And from the horror stories of these traders, it appears that this broker is a young HYIP immediately faced with massive withdrawals too early in the game and had resorted to removing profits to prolong in the HYIP activity.

This broker could also simply not hedged your positions and had played against traders.

Of course there are happy traders as well just like in all the other HYIPs. These are called "Kool Aid" cheer leaders who are arse-kissers for the scammers with the ulterior motive of attracting more victims to feed their own withdrawal requests. Think Ponzi.

In the HYIP world, we always assume that suspected HYIPs as guilty unless proven otherwise. Will you trust someone your money simply because they claim so? Only the gullible would.

For more HYIP information: http://www.moneymakergroup.com
  • #37
  • Oct 10, 2007 6:06pm Oct 10, 2007 6:06pm
erlan can be anyone. maxey can be anyone.

maybe they are scammers as well trying to hurt the company.

maybe Fxopen is also the scam like erlan and maxey say it is.

we won't know whos telling the truth.


does this change anything.

we know most ppl here are smart enough not to open up accounts with unregulated, offshore brokers.

we know most ppl here are also smart enough not to believe every single post especially coming from someone with such few posts.
{Promotion Removed}
  • #38
  • Oct 10, 2007 6:09pm Oct 10, 2007 6:09pm
Maxey has been here for a long time and has never shown any indication he is a scammer. I think your remark is idiotic and unwarranted. Before you make such a claim, it would have been wise to read his posts...
  • #39
  • Oct 10, 2007 6:19pm Oct 10, 2007 6:19pm
Quoting smjones
Maxey has been here for a long time and has never shown any indication he is a scammer. I think your remark is idiotic and unwarranted. Before you make such a claim, it would have been wise to read his posts...
this is exactly what worries me. you dont even hesitate for a moment to doubt the real identity and motives behind the users. may i ask, on what basis u trust ppl so much on these forums.

i've read maxey's thread twice. i do not think his here to scam or whatever. i actually dont care because i would never open account with such unregulated and offshore bucketshop. its bad enough these guys are bucketshops already.

Also, its clear u do not understand my posts. i have mentioned previously it doens't matter if they are lying or not, ppl should be always on guard that this is of course the internet, anyone can say whoever they are, and very important for ppl to ask that question for themselves. but i suppose your the few of the unintelligent ones who will blindly trust their entire fortune to anyone with a post count of 1000
and up.
{Promotion Removed}
  • #40
  • Oct 10, 2007 6:22pm Oct 10, 2007 6:22pm
Quoting jjk2
this is exactly what worries me. you dont even hesitate for a moment to doubt the real identity and motives behind the users. may i ask, on what basis u trust ppl so much on these forums.
Again you make an accusasion with no evidence. Both of them provided solid evidence. You haven't a leg to stand on here, might as well give it up. Your statements are pure conjecture and not based in reality. Where as both of the claimants have solid evidence to back up their claims.
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