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My experience with ForexGen.com is very bad.
They are based in Oslo, Norway, where I thought there would be some kind of control of illegitemate operations. Unfortunately I'm not so sure any longer. Here's my story. I had to reinstall my Win XP because I was infected by a virus and my Computer wouldn't start. Icould not even make backup because every file opened gets infected. After reformatting and reinstalling the system I try to log in to my live account at forexgen.com. Without any success. I try to contact ForexGen by their support chat (never anyone available to take my chat). I try to contact them by phone but no answer. I try to contact them by email and get a response that I soon will be contacted by the support. There is an ID to each and every support request I sent them. After 3 weeks of waiting I still have no response on my support requests, no one have phoned me back or sent me an email. I sent an email to accounts@forexgen.com 2 weeks ago - still no answer. Please warn all FX forums of the ForexGen broker and spread the word to all newbies and other that are thinking of singning up with ForexGen that they are in for a ride. I do not even know how to get my money out of them. My next step will be to process them through the Norwegian Justice system and hopefully have them banned from operating and stealing peoples money. |
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The problem is many people worship FPA. Initially I also used to believe their reviews, until when I saw a review on a forex course, and the course was really crucified by their criticism. The reality is that in that time it was the best course ever provided by a real trader and not an affiliate marketer. That's were I started to get some suspects.
Be careful also guys since they also have a couple of forex robots review sites, the sites looks pretty good too. Again their reviews are based on the crap robots in which for a change they say that they work.
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I agree, FPA is a scam. I have even heard of them trying to get money from brokers or else bad reviews would be given. In the past, I would always read reviews about brokers and not only from FPA. But the simple truth is that in many cases you have competitors creating accounts and placing bad reviews to hurt the other broker. It's not hard to do and has a big impact. And often there are bad reviews about great brokers like IBFX which is nonsense. Many times a trader will lose money and the first thing they want to do is make a bad review but in reality what they need to do is look in a mirror.
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They have lots of good reviews but you should google , " forex scam check" on any forex comapny you plan on dealing with this is a non-moderated open review system. when you post a review its instant and makes it a trusted source for getting information on forex brokers like citifxpro. this is a link from a testimonial review from the above site when they did a scam check review on the company recently.
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