Avoid Broker Scam!

[virmon]

Hi Everyone,
I am 6 years FOREX trader, and i have a big deal of dealing with many FOREX brokers. Since then, I met many scams during my trading years, but what affected me most was that of Forex Peace Army, those scammers didn't let a one single broker for its own. And among their victims, there is FX Open and that was the reason to discover their fake reviews, because i had a great deal of trading with them, and I never had a complaint against them, whereas FPA have many bad reviews against them. Thus, I felt serious towards this topic and my role is to inform all traders of it.

[andy003]

Very true it sometimes makes me annoyed too when i read bad reviews of broker who has great name in the market like oanda, fxcm, alpari and many others in FPA. Before I join my broker I have read so many bad reviews of them whcih made me worried I ask to the customer support of the fact and they replied "It's like when you read at the back of trucks "hows my driving". The people that call most of the time call to criticize. How many people call to say that he was driving well? The amount of complaints are fractional to our well served ones" this point made me think and i took a chance by depositing amount with them and honestly i hardly face any problems with them. Withdrawal is very easy and I don't know why most reviews are against them.

[FXexpert]

Yes FPA is a flat out scam, there's no other way to put it. The tough part is they pass themselves off as the protectors of traders against scams..hah..what a joke.

[jimb12345]

this makes so sick for people to scam people. i fell into the scam so do not feel alone. They definitely need to be prosecuted.

[Forexplayer]

Such a shame for Forex sites these guys are. I remember Forex Peace Army talking bad about Ava a while ago.

People need to spread the word out more about FPA so everybody knows the truth.

[mikey109021]

Most trading platforms will allow you to put in “stops”; when a currency hits a pre-determined price, your trade is sold out. This is a helpful tool to minimize losses. However, an unscrupulous broker can see your stop and move the price to that point, sell out your trade, make a quick profit and then return the price to the previous position.

[MechXTrader]

Go to a trusted broker like IBFX or eToro, so you don't get scammed. Also, look for reviews before signing up to a broker.

[daniellefr]

It's always good to search for as many reviews as possible, and not just read it off one place. I say "believe but always check!"

[FXexpert]

I agree it's always better to double check!

[herry_fxhope]

Very true it sometimes makes me annoyed too when i read bad reviews of broker who has great name in the market like oanda, fxcm, alpari and many others in FPA. Before I join my broker I have read so many bad reviews of them whcih made me worried I ask to the customer support of the fact and they replied "It's like when you read at the back of trucks "hows my driving". The people that call most of the time call to criticize. How many people call to say that he was driving well? The amount of complaints are fractional to our well served ones" this point made me think and i took a chance by depositing amount with them and honestly i hardly face any problems with them. Withdrawal is very easy and I don't know why most reviews are against them.