Iranian girl gets money back from Instaforex | Forex Factory

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Iranian girl gets money back from Instaforex

  • #1
  • First Post: May 23, 2010 6:33am May 23, 2010 6:33am
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
  • #2
  • May 23, 2010 6:39am May 23, 2010 6:39am
Quoting Brb-Fraudin
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
That was before 4 years...I work with Insta and dont have any problems...
"Buy on fear, sell on greed !!!
  • #3
  • May 23, 2010 10:25am May 23, 2010 10:25am
Quoting Petar_Serbia
That was before 4 years...I work with Insta and dont have any problems...
http://www.kaskus.us/showpost.php?p=...&postcount=267

Look what InstaFX did to that Indonesian guy 5 days ago.
  • #4
  • May 23, 2010 10:54am May 23, 2010 10:54am
Quoting Brb-Fraudin
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
A girl? Nahh. I don't believe you!

PS. $100 to $8000 is a 7900% increase.
Living the adventure in my head.
  • #5
  • May 23, 2010 11:09am May 23, 2010 11:09am
Quoting Leonlorenzo
A girl? Nahh. I don't believe you!

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

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.
  • #6
  • May 23, 2010 12:01pm May 23, 2010 12:01pm
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?
  • #7
  • May 23, 2010 12:45pm May 23, 2010 12:45pm
Quoting Indrek
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?
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.
  • #8
  • May 23, 2010 1:11pm May 23, 2010 1:11pm
Quoting Brb-Fraudin
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.
What I meant is - why people still have accounts with them? After such publicity it would be logical that everyone ran away quickly.
  • #9
  • May 23, 2010 1:38pm May 23, 2010 1:38pm
same reason that people still buy EAs
  • #10
  • May 23, 2010 2:13pm May 23, 2010 2:13pm
Quoting Indrek
What I meant is - why people still have accounts with them? After such publicity it would be logical that everyone ran away quickly.
People still open accounts on FXopen. Not all people are aware whats going around.
  • #11
  • Sep 12, 2010 10:49am Sep 12, 2010 10:49am
Quoting Jood
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...
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.
  • #12
  • Sep 12, 2010 11:52am Sep 12, 2010 11:52am
its not a girl its a male!!!! PLEASE FIX YOUR THREAD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
  • #13
  • Sep 12, 2010 4:37pm Sep 12, 2010 4:37pm
Quoting Brb-Fraudin
People still open accounts on FXopen. Not all people are aware whats going around.
The people who have accounts with them are not in US right?
  • #14
  • Last Post: Sep 13, 2010 4:18am Sep 13, 2010 4:18am
Quoting Robot
its not a girl its a male!!!! PLEASE FIX YOUR THREAD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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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