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Show me a scam broker

  • #1
  • First Post: May 30, 2011 7:55am May 30, 2011 7:55am
I like to investigate some tricks and tips how some people try to full other people.

To day I heard a lot about scam brokers. Never in my life I didn't see scam broker website. I'm talking about real scam
  • #2
  • Oct 12, 2011 8:25am Oct 12, 2011 8:25am
InstaForex!
  • #3
  • Oct 13, 2011 5:58am Oct 13, 2011 5:58am
Azurite Markets is a real scam. They don’t answer emails. I can’t withdraw money.
  • #4
  • Oct 13, 2011 6:24am Oct 13, 2011 6:24am
Quoting LocoGuy
InstaForex!
I used to think the same too .. I read the FPA case about them. But a few weeks ago, I met someone who is actually fan of insta .. he said he never had a single problem about withdrawal or anything !! Pretty strange !! Whatever, I still wouldn't trade with them .. better safe than sorry.
" The fool who never traded Demo "
  • #5
  • Nov 5, 2011 11:01pm Nov 5, 2011 11:01pm
Inconeon; FBS; Admiral Markets are biggest scam brokers!
Can't withdraw money from their welcome bonus accounts ( always violations of rules or not answer your email/phone)
Inconeon cheat you to deposit 1$ to withdraw bonus account
  • #6
  • Nov 6, 2011 3:03am Nov 6, 2011 3:03am
Quoting moneyrain
Inconeon; FBS; Admiral Markets are biggest scam brokers!
Can't withdraw money from their welcome bonus accounts ( always violations of rules or not answer your email/phone)
Inconeon cheat you to deposit 1$ to withdraw bonus account
Well, if the bonus is non withdrawable in the conditions, what do you have to complain about? Then again, it means that the bonus is not really a bonus. it is just demo money in reality and it cost them nothing.

Why are you upset at not being able to withdraw from a demo account? ^^
  • #7
  • Nov 6, 2011 7:51pm Nov 6, 2011 7:51pm
Yes, there's a list out there somewhere, just cannot seem to find it at the moment. Google it and as a rejoinder: platforms do offer bonuses when you join up; however, it does not mean that you can withdraw the bonus by remitting the $1 minimum.
The broker would offer a bonus but it comes with conditions, they can vary from one to the other. You may want to check out the small print and find out what conditions apply for the bonus in question. A few brokers make sure they hide this info - at least, until you have deposited some funds..kinda like a baiting a fish.
  • #8
  • Nov 7, 2011 12:58am Nov 7, 2011 12:58am
Bonus is not for withdraw but profit should can be withdraw but they always said you violate of rules ( fucking unclear rules) and take all your money
  • #9
  • Nov 7, 2011 1:26am Nov 7, 2011 1:26am
The forex peace army website has a list of brokers that are scams- try googling that
  • #10
  • Nov 7, 2011 2:37am Nov 7, 2011 2:37am
Quoting moneyrain
Bonus is not for withdraw but profit should can be withdraw but they always said you violate of rules ( fucking unclear rules) and take all your money
Well, its another thing when the bucketshop routine starts
  • #11
  • Nov 11, 2011 3:20am Nov 11, 2011 3:20am
Quoting moneyrain
Inconeon; FBS; Admiral Markets are biggest scam brokers!
Can't withdraw money from their welcome bonus accounts ( always violations of rules or not answer your email/phone)
Inconeon cheat you to deposit 1$ to withdraw bonus account
As a person who'v traded via several brokers in my life (scum one's as well unf.) when i see free bonus offers i realize that it cant be that easy to just deposit a small amount and withdraw the bonus money. The bonus offers are made to, first of all attract your attention, which isnt necessarily a bad thing. I mean if you want to trade you will do it anyway So the tip for future: check the terms, its financial risks we are talking about here!
As for russian brokers i agree that they are not the most reliable folks on the market, however I'v tried Admiral Markets, which i believe is an Estonian Company (Soviet Union collapsed, hello ) mostly due to their reasonable spreads and physical presents and in my region and stayed satisfied withe their services, off course i terrorized their support at first, but it actually turned out helpful.
  • #12
  • Nov 15, 2011 6:07am Nov 15, 2011 6:07am
Quoting AmareX
I used to think the same too .. I read the FPA case about them. But a few weeks ago, I met someone who is actually fan of insta .. he said he never had a single problem about withdrawal or anything !! Pretty strange !! Whatever, I still wouldn't trade with them .. better safe than sorry.
It depends how much and how often did he withdraw. If you do too well they definitely will help you to stop.
  • #13
  • Dec 14, 2011 6:27am Dec 14, 2011 6:27am
fbs is a big scam
hello avery one
i want to tell you today becarfull from the fbs it is a scam it can stole your money at any time end give you any reason whith no proof
fbs have srtolen me the 1000 dollar i have make it in profit after 3 month ago from the bonus of the post 149 dollar end now he tell me that all my post are not rigth
why he had give the bonus in the rules if i make post not regulated i will be baned end not take the bonus for the post
in reality he can't give you the profit because he work to stole the clien end make money from him not work to help peopole make money from the forex

this is what he tell me the suport
scam scam scam
Margo: Hello. How may I help you?

haddar: so sir what i can do now

haddar: i can't trade whith fbs

Margo: you can deposit an account with your own funds and continue your trading

haddar: end my balance acout of 1164

Margo: tell me your trading account number, please

haddar: why

Margo: to check your balance I should know your account number, Sir

haddar: my acount number is 56419

Margo: suggest you to open a new account with FBS, deposit it with your own funds and trade
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  • #14
  • Dec 14, 2011 2:16pm Dec 14, 2011 2:16pm
Refco

FXCM -- fined 2 mil by cftc

MF Global

I'm sure you could find more if you dig deep enough.
  • #15
  • Dec 14, 2011 8:01pm Dec 14, 2011 8:01pm
Yes,
FBS is super scam broker!
Go away from them
  • #16
  • Dec 15, 2011 12:23am Dec 15, 2011 12:23am
Quoting LocoGuy
It depends how much and how often did he withdraw. If you do too well they definitely will help you to stop.
correct.........

small and rare withdrawals will be allowed

but if you make significant profit then your acct

will be personally supervised and played/tricked against

rhetorical device of such a broker "we will not pay you under any...any! excuse"

even oanda and mbtrading do this

(seen several serious posts in this regard)
  • #17
  • Jan 24, 2012 2:10pm Jan 24, 2012 2:10pm
Admiral is a russian broker, all owners and directors are russian. I would recommend to avoid this kitchen. Go with well established firms like Oanda, FXCM, FC Stone, Armada Markets, eToro or Dukascopy.
  • #18
  • Jan 24, 2012 3:19pm Jan 24, 2012 3:19pm
EVERYONE
Quoting josef
I like to investigate some tricks and tips how some people try to full other people.

To day I heard a lot about scam brokers. Never in my life I didn't see scam broker website. I'm talking about real scam
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #19
  • Jan 24, 2012 3:23pm Jan 24, 2012 3:23pm
Some are better than other's but it is a lightly regulated retail made market
even if it's an ECN it is still a made market.

The only way you trade on the real interbank FX market is if you are a large bank, fund, or cap trader, sometimes just calling the desk of the other bank and placing an order. OR by trading FX FUTURES through the CME which is transparent.

They all know everything that we do. AND THEY ALL have their own ways of
scamming.

If you want to read about a real broker that has been closed down due to
STEALING ALL THE CLIENTS MONEY.

Get a list of brokers
Go to the NFA's website
Go to the broker or corporation lookup and see why who and what they were shut down for.

Start with Crown FX
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #20
  • Edited 3:38pm Jan 24, 2012 3:27pm | Edited 3:38pm
here is the link
http://www.nfa.futures.org/basicnet/

the further you dig the more dirt you find.

and believe me it get's ugly. violations, accusations, thefts charges,

Look into "Florida Forex Scams" on a web search.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
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