30 pip spread during a news release. add tradersway to the shitlist of manipulated brokers
Ignored
that's insane, the worst i've seen is probably about a 6 pip spread during news release, but then again, i generally don't trade news release and just so happened got up early and caught one.
OCTAFX IS A SCAM DO NOT WASTE TIME WITH THEM. I read many bad reviews but was still confident, however when I have to withdraw money accuse me of having multiple accounts with my IP and my family I asked them to review again all because my isp uses dynamic ip but say it is untestable. I am convinced that they have no intention of paying
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After reading my opinion in this forum OCTAFX sent me an email where I said that he decided to review my case and found me innocent, so I fitted out the account again and invited me to withdraw my benefit.
When did the withdrawal was rejected again ...
Then they sent me an email apologizing and invite me to withdraw my benefit again, this time they have accepted my withdrawal request.
I must say that insisted a lot to live support and they gave me no solution, the desicion was closed and there was no place to reply, the reason was theirs.
Until I was invited to make a formal complaint with the support by mail, the answer was the same, with these responses was that I decided to post my experience here and in various forums.
Only there was when they took seriously what he was saying and even thank me tips on how to corroborate IP addresses.
I'm happy because my claim was reviewed but it makes me sad that it was through a forum that has nothing to do with the company ...
I agree with Instaforex that they are into selective payment and has a lot of payment issues, in regards with OctaFX it maybe a case of policy issues with their no deposit bonus that cause a lot of problem with them, in regards with exness so far they are fine with me, I cannot categorize them a bad broker I have an account with them, am still satisfied with their service, slippage sometime do happen in almost all brokers especially during important news release.
i allready send all of document..1 month i wait still no news..
Dear sir,
We have received an information, that your account MIGHT have been involved into fraudulent activity or accessed by third parties intending to do so. We have grounds to believe the documents provided for this account as well as its identity do not belong to the actual account owner. This is not a statement, but an assumption, which requires investigation in accordance with of our Security Dept. requirements and policies. There is nothing to worry about; it’s a regular check, intended for your funds security and transactions' transparency first of all. This is to let you know that in accordance with p. 13.9 and p. 13.12 of the Customer Agreement, namely: 13.9. To provide financial security for the Client in some cases the Company reserves a right to withdraw Client’s funds only to his/her bank account; 13.12. For security reasons upon withdrawal the Company reserves a right to demand Client’s complete identification data, such as ID copy, address proof copy, bank reference letter and other relevant documents, apostiled or certified by a notary. Your withdrawal request from account X worth of Y USD will be performed by bank wire. To complete the withdrawal, please follow these steps: 1. Please prepare the following documents: a. Personal ID/passport copy (all the pages containing records) b. Bank reference letter, clearly showing account name and account number on a bank letterhead with stamp and date. c. An address proof, clearly showing residential address ALL THREE TRANSLATED INTO ENGLISH, NOTARIZED (OR CERTIFIED WITH AN APOSTILLE STAMP) BY A RESPONSIBLE GOVERNMENT AGENT. 2. Please send these documents (physically, by mail) to our HQ address at: Cedar Hill Crest, P.O. Box 1825, Villa, St. Vincent and the Grenadines 3. After the documents are received, case investigated and verified, your wire transfer will be sent to your bank account
I verified my account with them in Dec. 2013 and got $15 verification bonus. I lost all my bonus in testing an EA. But before few days I deposited $30 using skrill and got 50% deposit boonus. My account balance became $45. After few days trading I lost about $15.53 and I left with $29.47. I stop trading with them and try to withdraw my balance. After canceling my deposit bonus which was $15 I left with $14.47. When I tried to withdraw that amount they said I have -0.53 which cannot be withdrawn. I asked the help they are keep saying that I cannot withdraw bonus amount. They made my own deposit amount as bonus and included all time loss before and after deposit into my real deposit which is more than my deposit. What a shit these brokers are!! So think wisely before you open account with them and deposit amount into your account....!!
30 pip spread during a news release. add tradersway to the shitlist of manipulated brokers
Ignored
Do you have anything to back up your claims? I've been using them for several months with no problem. I don't like the deposit "commissions" but other than that they've been great.
Any advice I provide should not be considered a financial recommendation.
Pepperstone is among one of the Scam brokers. Their ECN account is fake. I had Standard Account for one year and switched it to ECN account.
On 29.09.2014, I sold USDSGD. The normal spread was 2~3 pips. At 23:59 hours they purposefully widened their spread and taken out my SL which was 13 pips away. The price did not even go near the SL but they had taken the SL.
They suddenly widen their Spread and hunting the SL. They not even respond to our mails.
Beware of this Scam broker or you will get hurt. Luckily I had small account with them.
Pepperstone is among one of the Scam brokers. Their ECN account is fake. I had Standard Account for one year and switched it to ECN account. On 29.09.2014, I sold USDSGD. The normal spread was 2~3 pips. At 23:59 hours they purposefully widened their spread and taken out my SL which was 13 pips away. The price did not even go near the SL but they had taken the SL. They suddenly widen their Spread and hunting the SL. They not even respond to our mails. Beware of this Scam broker or you will get hurt. Luckily I had small account with them.
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I am sure in times to come this list will include every broker in the world. Get a life !!!
And if my words matter. I use Axitrader and I have had no problem whatsoever with them. No problem at all. So here's the secret to end all your miseries. USE AXITRADER.
I am in no way linked to axitrader. It's just that I am a very satisfied customer extending my experience to you. Cheers !!!
People beware the is a possible scam with Tradaxa/Sisma Capital. Having difficulty even in contacting them. When u call up live chat customer service they just pick up n hang up on u. Then they would go offline asking u to leave a message. When u leave a message . Your email would return with a mailer daemon. Stating that there is no or the mail address doesn't exist.Their website only can access accepting funds deposit. Withdrawal cannot be access at all. There is no answer/reply from the account manager through call or email.
