Is it possible this broker is laundering MONEY?

Hi,
I know that its a weird address , but what happen now in one Arabic forum , make me asking this question ,
is it possible that a big forex broker like Alpari.uk sponsor a demo contest in an Arabic forum , then send the prizes ($10,000 in total) to the winners by wire transfer?


now even if this happened , then another question pop up , which is where is the benefits of the Alpari from this action , especially when the sponsored forum is a very small forum and have a very tight members (visitors).

we all know that all the respected brokers sponsored contests , but they put a hard conditions to withdrew this prize ( big amount of lots to trade first). some other brokers announce that the prize is only for trade , but never for withdrew , so how come that ALPARI send the money to an individual who won a demo contest ?

he is an image for the ad of that forum , it`s in Arabic , but i translate the necessary words that prove my claims , and we all see Alpari logo in the thread.

http://up.lolylife.info/images/eb75dj4dylgtrwkr1i8.png

here is another link for the image - in case the first one did not appear >

http://imageshack.us/photo/my-images/249/fadiha.png/

10K? Really?

Alpari are legitimate Russian business men. Add a few zeros to get their attention..

do you mean that the UK regulation for the anti money laundering allow brokers to do it with amount less than $10000 :O ?

Not at all.

Why should the winner be prevented from receiving his award by ridiculous requirements like trading a certain amount of lots?

then what is the real benefits for the broker?

and what the point for withdrew the prize without trading in the real account and get a lot of profit / earning , especially after trading the whole month on the demo contest account and make E.X 2000% profit ! ! !

ok, here is the ugly truth

Alpari is not the sponsored for that contest,here is the reply from the great support in Alpari UK , they really gain my respect after they reply to all of my questions by 3 emails .

http://center.jeddahbikers.com/uploa...3177280511.png

Hello

the offical website for this competition is

http://www.arabfx.net/vb/showthread.php?t=11418


according to this arabic fourm the competitions are only on Alpari Mt4 platform and that Alpari has nothing to do with it, and that the prizes are not provided by Alpari UK. But from the managment of the Arabic forum

Brokers dont need to put this into a contest. Alpari, FXDD, IBFX to name a few do this kind of gig to attract people to trade as much as possible.

As you see, brokers give out these kind of promo of 10%, or 25% Bonus withdrawable when trader made a specific amount of trades. People might think it is free money but in reality, you paid for that money in the form of "spread".

for example, IBFX offered 10% Deposit Bonus withdrawable only if I made 100 Lots per $1000 of Deposit Bonus. 100 Lots in spread would be $2000 at the least these days. So it is not free money. What do brokers get out of this? Its a gimmick to make traders STICK with them. It is purely psycological. But most traders would lose their money/account even before they managed to trade 25% of the required lots and most likely, the broker is playing against the trader (bucket shop)

a week a go , i contacted the forex factory administrator , asking them to change the title of this thread , because Alpari already replied to this thread , and it`s obvious now that the Arabian forum owner was the scammer whom claim that it`s Alpari whom sponsored his forum demo contest, while Alpari never did any thing like this , not with him , and not with others forums owners.

now i tried to change the topic title from the edit button , but it change it from inside , so , i wonder if there is any thing else i can do for solve this problem.

well this comment raise few quastions and it is necessary to answer those quastions, to clear some of the lies that included

1. the ArabFX hero competition is sponsered by ArabFX and NOT Alpari UK

2. ArabFX use Alpari UK MT4 platform for the competition only

3. the member ZX10 (or abo omer ) he was a worker in ArabFX and he well informed that ArabFX sponser the competition, which raise the quastion why he need to call Alpari UK and ask them about the competition, it is well known by him and most the fourm members that the prizes by ArabFX

4. all the pictuers taken in this comment are NOT taken from ArabFX website, any one can go to the offical website he will find that it is says clearly the prizes are from ArabFX


many quastions and notes I will raise here,

1. if ZX10 knows that ArabFX is the sponser the competition and NOT Alpari UK, why he need to contact Alpari UK to ask them if they sponser the competition or NOT?

2. why zx10 can NOT provide one eveidence from ArabFX website says the Alpari UK sponser this competition, In the other side ArabFX make it many times clear that they sponser the competition

3. why ArabFX taken legal action against zx10, ArabFX make it clear that what he wrote here is just a lies and they going to have legal action against him

4. all arabic fourms confirmed that zx10 subject is scam so they deleted his subject

5. zx10 was former worker in ArabFX and arabFX managment found that he is NOT qualify for the job, and since then he start to attack the fourm and it is managment, which make it very clear that zx10 is just causing trouble.


I hope that the pictuer become clear to everyone about the truth of this issue