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Broker is real regulated SCAM!

  • #41
  • Dec 20, 2016 2:09pm Dec 20, 2016 2:09pm
Quoting DeploX
{quote} Well I deleted my post because I decided that there is basically no point in spending my time on this thread anymore. The thing that astonsihes is that even though we all have provided explanations on why this problem occured you still feel the need to harm a company many of us work with. Initially I did not consider you a threat to pepperstone but its very obvious that you are biased against them. Therefore if you do not close this thread and shut down your websites Ill be forced to report you to PS for slander. Please note that I am not...

This is exactly you should do! Actually, nobody has any problems with Pepperstone if he/she knows how to trade. Leaving any position for weekend is irresponsible with high leverage, especially when there's referendum, but erol can't understand it that position was closed automatically due to margin call after market close...
  • #42
  • Dec 20, 2016 2:10pm Dec 20, 2016 2:10pm
Quoting profit.erol
BTW, I am adding here what pepperstone sent all of their clients before Italy Referendum. They are not saying that please don't use high leverage, there is abnormal market conditions, they just say "FUND NOW" and "TRADE NOW". "Trade your opinion and take advantage of this historic event." They forgot to write there, "if your opinion is correct, we can decide to close your positions." And if there is risk in the market for broker, they can reduce leverage for specified products like IT40 or they can change these products to close only mode that you...

Can you see this sentence?

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  • #43
  • Dec 20, 2016 2:21pm Dec 20, 2016 2:21pm
Quoting insomniawawa
{quote} This is exactly you should do! Actually, nobody has any problems with Pepperstone if he/she knows how to trade. Leaving any position for weekend is irresponsible with high leverage, especially when there's referendum, but erol can't understand it that position was closed automatically due to margin call after market close...
Of course. Also broker has to be protected in such events. Let's say someone open small account using huge leverage and counting on the big gap in his favour. If he lose, he will lose few bucks, if he wins he can make a load of money.
Control the risk
  • #44
  • Dec 20, 2016 3:02pm Dec 20, 2016 3:02pm
Lets think reverse:
If Italy referendum resulted for Renzi favor and your trades would go bust lets say $5000 at the first second of market open, would you pay the negative balance?

I dont think so.
So what your broker did by closing your trades actually could save you from a lawsuit by Pepperstone for chasing its negative balance.

You better take $1750


Quoting profit.erol
Hi, Pepperstone is real SCAM who are closing your profitable positions without informing you eventough the market is closed. I opened an account with Pepperstone and start trading on IT40. I opened some positions and my account is stop out. I deposited money again and open IT40 positions again on friday. And there was Italy referandum on the weekend. My positions were still opened after market closing on friday and they closed my positions on the weekend. Then Pepperstone closed my positions on sunday night by saying that "we are invoking our rights...
WaBaS Where are Buyers and Sellers
  • #45
  • Dec 20, 2016 3:30pm Dec 20, 2016 3:30pm
1750 is a gift.
Take it.
Where price is now, it has been before, and will be again.
  • #47
  • Edited 6:43pm Dec 20, 2016 5:26pm | Edited 6:43pm
Quoting kingofmicro
{quote} high leverage offering broker is not casino. but high leverage using trader, gambler ?
If car can do 300MPH and driver drives at 300MPH and has accident and dies. Does this mean its the car manufactures fault or drivers fault?
20 Pips a day keeps centerlink away
  • #49
  • Dec 20, 2016 6:47pm Dec 20, 2016 6:47pm
Quoting PaulDaemon
{quote} If car can do 300MPH and driver drives at 300MPH and has accident and dies. Does this mean its the car manufactures fault or drivers fault?
If the problem is caused by the car; manufactures fault.
If the problem is caused by the driver; driver fault.

But whatever happens; A Driver always wants to trust on his car.

In this case, replace yourself with Erol;
You drive 300KPH and engine stop !


By the way, I visited your blog and read your recommendations;
"I use Pepperstone as my main Forex broker I thought it would be best to hit it off with them."
Also, I saw PS advertisement and banner. You're not objective. Sorry.
  • #50
  • Dec 20, 2016 7:21pm Dec 20, 2016 7:21pm
Quoting kingofmicro
{quote} If the problem is caused by the car; manufactures fault. If the problem is caused by the driver; driver fault. But whatever happens; A Driver always wants to trust on his car. In this case, replace yourself with Erol; You drive 300KPH and engine stop ! By the way, I visited your blog and read your recommendations; "I use Pepperstone as my main Forex broker I thought it would be best to hit it off with them." Also, I saw PS advertisement and banner. You're not objective. Sorry.
I think also you dont get it.

I have been using Pepperstone for over 2 years, I even had live trades on the brexit referendum and us election never have any problem. So its why I recommend them because I trust them that they do the right thing. I dont work for Pepper I just use their services.

The other brokers I recommend are ic ig globalprime, and will be dong a write up about them also.

If your fiend likes to gamble I think its better he goes to the casino. Why use FX as a poker machine? Then complain to the broker when things go wrong.

Driving a car at 300MPH and not knowing how to drive is a gamble is it not?
20 Pips a day keeps centerlink away
  • #51
  • Dec 20, 2016 7:21pm Dec 20, 2016 7:21pm
Pepperstone seems like a great broker, how kind of them to save this man from himself and then gift him $1750 after the fact.
Patience is key
  • #52
  • Dec 20, 2016 10:48pm Dec 20, 2016 10:48pm
Thanks everyone. I was looking for another Broker. I think I have just find one. This guys sounds even to good to be true.
  • #53
  • Dec 20, 2016 11:53pm Dec 20, 2016 11:53pm
Quoting kingofmicro
{quote} high leverage offering broker is not casino. but high leverage using trader, gambler ?
Well I'm NOT here establish such kinda stuff. I just share opinions and necessarily not all opinions are same.
Never Gamble Forex
  • #54
  • Edited 1:12am Dec 21, 2016 12:31am | Edited 1:12am
Quoting insomniawawa
{quote} This is exactly you should do! Actually, nobody has any problems with Pepperstone if he/she knows how to trade. Leaving any position for weekend is irresponsible with high leverage, especially when there's referendum, but erol can't understand it that position was closed automatically due to margin call after market close...
This message is showing that you are very experienced trader.
"position was closed automatically due to margin call after market close"

Quoting PaulDaemon
{quote} I think you just dont get it. Your account was not adequately funded. If the trade went against you, you could of owed pepperstone 10k. Ask yourself one question if you went to a $10,000 negative balance would you of paid that to pepperstone? You are completely 100% at fault.
I want to say all of pepperstone's affiliates, fans, employees etc that I did not open this thread to ask you pepperstone is good or not.
Most of scam companies are very generous to pay high affiliate commissions, so I am able to understand why you defend them without thinking.
As I wrote here before, I will not stop if everyone come here in order to tell me I am wrong. Because I have enough experience to understand what pepperstone aims.

I saw some users are coming my thread and writing more than one message. It is easy to write your opinion in one message. Thanks for your interest. But you don’t need to follow my thread to say same things, it is not good to spend your time in order to fight or help me, if you don’t have relationship with pepperscam more than just client.

If you are happy client of pepperstone, I wish you great trading experience with them. But please be aware and don't deposit big money because they are able to make illegal actions like they did for me.

You can try to use google in order to search "pepperstone scam" and you can see a lot of traders like me.
But I have main difference. I have enough money that I don't need their small compensation and I can spend more money till they start to behave good faith.

Best Regards.
  • #55
  • Dec 21, 2016 1:08am Dec 21, 2016 1:08am
Quoting profit.erol
{quote} This message is showing that you are very experienced trader. "position was closed automatically due to margin call after market close" {quote} I want to say all of pepperstone's affiliates, fans, employees etc that I did not open this thread to ask you pepperstone is good or not. Most of scam companies are very generous to pay high affiliate commissions, so I am able to understand why you defend them without thinking. As I wrote here before, I will not stop if everyone come here in order to tell me I am wrong. Because I have enough experience...
I bet if you search for any broker and you will find people claiming they are a scam. All the big names are there. Go to FPA, not one single broker without people claiming they are a scam.

So what does that say? Does that not say that Forex itself is a regulated scam?

I have a couple of accounts with different brokers and one is with Pepperstone. I cant say that they are a scam as i have not experienced anything like that. But i will say at the beginning there was an annoying guy who kept trying to get me to trade but i told him to politely F Off and have not heard from him since.

As for your situation and the question "What more can i do"? well, nothing really. You have complained to all the available channels that are supposed to protect investors and now all you can do is wait. But i have read the ASICS web site a few times and it seems they dont really care much for Forex traders and see it as betting rather then investing.
  • #56
  • Dec 21, 2016 1:21am Dec 21, 2016 1:21am
Quoting profit.erol
{quote} This message is showing that you are very experienced trader. "position was closed automatically due to margin call after market close" {quote} I want to say all of pepperstone's affiliates, fans, employees etc that I did not open this thread to ask you pepperstone is good or not. Most of scam companies are very generous to pay high affiliate commissions, so I am able to understand why you defend them without thinking. As I wrote here before, I will not stop if everyone come here in order to tell me I am wrong. Because I have enough experience...
The only thing you are doing here is giving Pepper more publicity.

I cant find any one else calling pepper a scam. Seems you are the only one.

If you have plenty of money like you say you have why are you worried over pocket change just go find another broker that you think is not a scam.

Not too mention once ASIC looks at your case you will be laughed at.
20 Pips a day keeps centerlink away
  • #57
  • Dec 21, 2016 1:26am Dec 21, 2016 1:26am
Quoting mrhigurashi
{quote} I bet if you search for any broker and you will find people claiming they are a scam. All the big names are there. Go to FPA, not one single broker without people claiming they are a scam. So what does that say? Does that not say that Forex itself is a regulated scam? I have a couple of accounts with different brokers and one is with Pepperstone. I cant say that they are a scam as i have not experienced anything like that. But i will say at the beginning there was an annoying guy who kept trying to get me to trade but i told him to politely...
You are right, all of brokers have some unhappy clients, some of these clients have bad faith who use latency, bonus arbitrage etc. But you can see some unhappy clients that pepperstone deleted their profitable traders etc. My topic is different and very clear that I share full statement here. Some people are saying that I am wrong to use high leverage and it is gambling. Or I drive at 300 MPH, it is wrong.
Why??
All of forex companies' owner are rich because of traders who use high leverage or drive at 300 MPH and lost their money.
So am I wrong to use high leverage, is it illegal when pepperstone is inviting to fund and trade now before italy referendum

I HAVE LONG EXPERIENCE IN FOREX MARKETS AND I DID NOT SEE ANY BROKER WHO ARE ABLE TO CLOSE CLIENTS' POSITIONS WITHOUT INFORMING OR WARNING!!!
  • #58
  • Dec 21, 2016 1:41am Dec 21, 2016 1:41am
Quoting PaulDaemon
{quote} The only thing you are doing here is giving Pepper more publicity. I cant find any one else calling pepper a scam. Seems you are the only one. If you have plenty of money like you say you have why are you worried over pocket change just go find another broker that you think is not a scam. Not too mention once ASIC looks at your case you will be laughed at.
So you should be happy for more publicity of pepperscam and support me. I will do something good for you.
If someone want to open an account with pepperstone, please visit PaulDaemon's website, go pepperstone's website by clicking banner in his website. So PaulDaemon will be happy and explain you why pepperscam is great company because of paying him good commissions.

And if you are able to use google keyword tool, you will see there are up to 1000 users every month who search pepperstone scam in google

If someone came this thread to decide pepperstone is good or scam company, it is better to decide by searching reviews in google. Because there are not objective messages here because of pepperstone affiliates like PaulDaemon
  • #59
  • Dec 21, 2016 1:57am Dec 21, 2016 1:57am
Quoting profit.erol
{quote} So you should be happy for more publicity of pepperscam and support me. I will do something good for you. If someone want to open an account with pepperstone, please visit PaulDaemon's website, go pepperstone's website by clicking banner in his website. So PaulDaemon will be happy and explain you why pepperscam is great company because of paying him good commissions. And if you are able to use google keyword tool, you will see there are up to 1000 users every month who search pepperstone scam in google If someone came this thread...
I do the same thing when I do research on a company type in the name of the business followed by scam. This will being up any sacms related to that company. Also marketers use that kind of keyword strategy to targeting a search because they know potential customers will look up that keyword.

It doesnt mean thousands of people have been scammed by pepperstone.
20 Pips a day keeps centerlink away
  • #60
  • Edited 2:40am Dec 21, 2016 2:17am | Edited 2:40am
Quoting profit.erol
{quote} You are right, all of brokers have some unhappy clients, some of these clients have bad faith who use latency, bonus arbitrage etc. But you can see some unhappy clients that pepperstone deleted their profitable traders etc. My topic is different and very clear that I share full statement here. Some people are saying that I am wrong to use high leverage and it is gambling. Or I drive at 300 MPH, it is wrong. Why?? All of forex companies' owner are rich because of traders who use high leverage or drive at 300 MPH and lost their money. So am...
You did not see any broker who close out positions without warning? Brokers do it all the time. Do you know what a margin call is? You have such long experience im sure you do. And most times they close out your winning trades and leave the losing trades open.

Look at any broker with scam attached and you get the same results. Look at google monthly searches for any (Insert broker name here) Scam and they all show 100-1k/month you tool!

But from your replies i now see you are a rather arrogant person. So good luck and good day.
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