Hello traders. Although I can’t confirm this 100% I’d nonetheless like to bring to your attention this scam warning made by the folks at the Forex Peace Army. This just goes to show you that you have to be very careful and do your research before you open an account with ANY forex broker. I […]
Check out this interesting post I’ve found on the ForexPeaceArmy forum:
–begin quote–
Greetings to our fellow soldiers,
We, the members of the FPA Scam Investigations Committee, have confirmed a 3rd scam case against ForexGen. Once again, they have stolen money from a trader. This time, they claim there were hostile activities that justified them extracting 100% of […]
You’ve probably heard of Forex brokers ripping off their clients by using various dirty tricks. Some of the most common ones are: stop hunting, requoting, widening the spread to some ridiculous number, software disconnects, lagging/fraudulent price quotes, unfilled orders, and account banning. Yes, they will politely (sometimes not so politely) tell you to bugger off […]
76 comments alan | Scam Warnings, Forex News, Forex Scams, General News |
I’m sure you guys know this already but there are so many brokers who engage in stop hunting. It appears Crown Forex has been caught “red handed” doing this very thing. This is a sign that you want to avoid this broker at all costs as you will get ripped-off.
Check out these pictures. As they […]
A while back I made the following post:
http://alansforexblog.com/2007/10/23/scam-warning-forexgencom-stay-away-from-this-forex-broker/
In it I brought to you a general warning issued by a fairly reputable member of the forex trading community - Rob Grespi - urging you to stay away from a forex brokerage firm that goes by the name of ForexGen. I also started a thread on my […]
