Worst possible FX Broker We are a group of traders, who were unlucky to choose FXFD (Forex Financial Dealer, www.fxfd.com) as our broker. Our deposits, profits from trades were stolen by the above companies. We intend to expose that fraud on the internet/media and to the authorities in the counties where these companies operate. If you have any information about FXFD, Forex Technologies Ltd or World Investment Group Inc. they belong to, please email us: js-reed@hotmail.com
When I deposited funds with RefcoFX and opened up an account you have no proof that you even have an account with them. All you have is a "live" trading account that might as well be a demo account. I assume that FXFD is the same. The Forex industry has to change fast. I'm very reluctant to fund my FXCM account unless I get my money back from RefcoFX. PS....they also must make it easier to withdraw funds and drop the $25.00 fee, it's a ripoff.
I went to their page. It was clear to me that these guys are a bunch of cheats trying to get people to invest their money with them in order to avoid taxes. Check out their regulatory responsibility below: REGULATION World Investment Group Inc., is an offshore company registered in the Tax Haven of the Commonwealth of Dominica. FXFD is governed by the IBC Act of 1996(Tax Haven) and the Corporate Clearing Agreements governing our inter-bank Clearing Operations with these banks FXFD underwent strict due diligence by these banks to engage in Corporate Clearing / Dealing and other Business Operations with them. The company has to comply to any such regulations and criteria as required by these clearing agreements. No other authorities applicable in the Commonwealth of Dominica The companies financial is audited by an independent accounting firm to comply with all accounting and legal requirements The company is operational in the online financial markets. Registration Nr. CD1127/05 Note: CFTC, NFA and SFA are not applicable bodies in Dominica
The following was posted on several Forex websites and forums in November this year: World Investment Group Inc. presents Group of companies in Forex Industry: 1. ForexBankOnline - http://www.ForexBankOnline.com A managed accounts program with BG for investors whose funds safety protection in best banks of the world. Open account at bank not broker. Minimum account size 100 000usd 2. ForexFundOnline - http://www.ForexFundOnline.com and http://www.FXFD.com (Forex Financial Dealer) Balanced managed FOREX Fund. Best investment programs. Individual investment program of managed accounts. And more... ForexFundOnline founded in 2003 year. All funds invest in different forex funds and financial markets. Increase your income 5-30% per month + Min.investment period one month + Clients keep 70% of the monthly profit + 24/7 access and monitoring your personal account + Fund your account in 12 different currencies + We accept Credit/Debit Card and PayPal, E-gold + Min. trial deposit is $500 + Full control your funds from your side. We have good results for last years: Investment program 2004 + 126.7% + Investment program 2005 + 95.9% (in currently moment profit grow !!!) For getting more information visit our website www.ForexFundOnline.com or email: info@forexfundonline.com or speak MSN: ForexFundOnline@hotmail.com Subscribe our news and monthly reports +++ FXFD http://www.FXFD.com Best trading platform 2004,2005 for forex traders and money managers Clients can trade, enter orders, and monitor positions online, 24 hours a day! FXFD spreads are the tightest offered in the Forex market: 2 pips on all the currencies.
I am fxtrader.net customer and i open 100$ mini account I scalp my way to 500$ and withdraw half of that Now i am waiting to see if money will be wired to my bank account
FXTRADER.NET Website Title: Forex :: FXTrader.NET - The professional Forex Trader - Forex Managed Accounts for private and institutional investors Meta Description: Forex Managed Accounts Forex Currency Trading Services Forecast Products IP Address: 65.182.102.19 (ARIN & RIPE IP search) IP Location: - Virginia - Norfolk - Brinkster Communicatoins Corporation Name Server: NS1.BRINKSTER.COM ICANN Registrar: REGISTER.COM, INC. Created: 2002-12-13 Expires: 2006-12-13 Registrant Info: Evil Empire Electronics Forex Forum 38 Wilma Street, Midrand, Gauteng Pretoria, ZA 0158 ZA Phone: 823362788 Fax..: none Email: Administrative Info: Evil Empire Electronics Forex Forum 38 Wilma Street, Midrand, Gauteng Pretoria, ZA 0158 ZA Phone: 823362788 Fax..: none Email: Technical Info: Evil Empire Electronics Forex Forum 38 Wilma Street, Midrand, Gauteng Pretoria, ZA 0158 ZA Phone: 823362788 Fax..: none Email: Status: Locked Domain servers in listed order: NS1.Brinkster.com NS2.Brinkster.com BEGINFOREX.COM Website Title: Begin Forex Trading Learn how to trade the foreign currency markets effectively! Meta Description: Begin Forex Currency Trading Learn Forex Forecast Techniques - Online Forex Courses IP Address: 65.182.102.12 (ARIN & RIPE IP search) IP Location: - Virginia - Norfolk - Brinkster Communicatoins Corporation Name Server: NS1.BRINKSTER.COM ICANN Registrar: REGISTER.COM, INC. Created: 2003-03-05 Expires: 2006-03-05 Status: REGISTRAR-LOCK Registrant Info: Evil Empire Electronics Forex Forum 38 Wilma Street, Midrand, Gauteng Pretoria, ZA 0158 ZA Phone: 823362788 Fax..: none Email: Administrative Info: Evil Empire Electronics Forex Forum 38 Wilma Street, Midrand, Gauteng Pretoria, ZA 0158 ZA Phone: 823362788 Fax..: none Email: Technical Info: Evil Empire Electronics Forex Forum 38 Wilma Street, Midrand, Gauteng Pretoria, ZA 0158 ZA Phone: 823362788 Fax..: none Email: Status: Locked Domain servers in listed order: NS1.Brinkster.com NS2.Brinkster.com FOREXFORUM.NET Website Title: ForexForum.NET - The world's leading Forex Forum Meta Description: Forex forum resource software and forex forecast trading training - Only active forex traders IP Address: 65.182.102.20 (ARIN & RIPE IP search) IP Location: - Virginia - Norfolk - Brinkster Communicatoins Corporation Name Server: NS1.BRINKSTER.COM NS2.BRINKSTER.COM ICANN Registrar: REGISTER.COM, INC. Created: 01-oct-2002 Expires: 01-oct-2006 Status: REGISTRAR-LOCK Registrant Info: Evil Empire Electronics Forex Forum 38 Wilma Street, Midrand, Gauteng Pretoria, ZA 0158 ZA Phone: 823362788 Fax..: none Email: Administrative Info: Evil Empire Electronics Forex Forum 38 Wilma Street, Midrand, Gauteng Pretoria, ZA 0158 ZA Phone: 823362788 Fax..: none Email: Technical Info: Evil Empire Electronics Forex Forum 38 Wilma Street, Midrand, Gauteng Pretoria, ZA 0158 ZA Phone: 823362788 Fax..: none Email: Status: Locked Domain servers in listed order: NS1.Brinkster.com NS2.Brinkster.com FXFD.COM IP Address: 65.182.101.102 (ARIN & RIPE IP search) IP Location: - Virginia - Norfolk - Brinkster Communicatoins Corporation Name Server: NS1.BRINKSTER.COM NS2.BRINKSTER.COM ICANN Registrar: REGISTER.COM, INC. Created: 07-jun-2005 Expires: 07-jun-2006 Status: REGISTRAR-LOCK Registrant Info: Whois Privacy Protection Service, Inc. Whois Agent PO Box 841 Yarmouth, NS B5A 4K5 CA Phone: +1.9027492060 Fax..: +1.9027495405 Email: Administrative Info: Whois Privacy Protection Service, Inc. Whois Agent PO Box 841 Yarmouth, NS B5A 4K5 CA Phone: +1.9027492060 Fax..: +1.9027495405 Email: Technical Info: Whois Privacy Protection Service, Inc. Whois Agent PO Box 841 Yarmouth, NS B5A 4K5 CA Phone: +1.9027492060 Fax..: +1.9027495405 Email: Status: Locked Domain servers in listed order: NS1.Brinkster.com NS2.Brinkster.com FOREXBANKONLINE.COM Meta Description: forex,bank,asset,money,management,company,exchange,currency,share,equity,stock,market,finance,credit,investment,transfer,transaction,convertation,fund,trader IP Address: 67.15.54.22 (ARIN & RIPE IP search) IP Location: - Everyones Internet Inc Name Server: NS1.SLAVHOST.COM NS2.SLAVHOST.COM ICANN Registrar: ONLINENIC, INC. Created: 31-may-2005 Expires: 31-may-2006 Status: REGISTRAR-LOCK Registrant: ÃëåêñåéÃà ëîâ +7.9058005459 ÃëåêñåéÃà ëîâ Ãèðà ,5 à êà òåðÃáóðã,ÃÃ¥Ãòðà ëüÃûé,RUSSIAN FEDERATION 620005 Domain Name:forexbankonline.com Record last updated at 2005-05-31 19:14:08 Record created on 2005/5/31 Record expired on 2006/5/31 Domain servers in listed order: ns1.slavhost.com ns2.slavhost.com Administrator: Name-- ÃëåêñåéÃà ëîâ EMail-: ( ) tel --: +7.9058005459 org: ÃëåêñåéÃà ëîâ Ãèðà ,5 à êà òåðÃáóðã,ÃÃ¥Ãòðà ëüÃûé,RUSSIAN FEDERATION 620005 Technical Contactor: Name-- ÃëåêñåéÃà ëîâ EMail-: ( ) tel --: +7.9058005459 org: ÃëåêñåéÃà ëîâ Ãèðà ,5 à êà òåðÃáóðã,ÃÃ¥Ãòðà ëüÃûé,RUSSIAN FEDERATION 620005 Billing Contactor: Name-- ÃëåêñåéÃà ëîâ EMail-: ( ) tel --: +7.9058005459 org: ÃëåêñåéÃà ëîâ Ãèðà ,5 à êà òåðÃáóðã,ÃÃ¥Ãòðà ëüÃûé,RUSSIAN FEDERATION 620005 Registration Service Provider: name: Nicsta Corp tel: +1.6519948509 fax: +1.6519948509 web:http://www.slavhost.ru
Hm...if it all sounds too good to be true ( leverage of 500, fixed 2 pip spreads, no slippage, negative balance protection, guaranteed stops etc.).... "There is no greater joy than soaring high on the wings of your dreams, except maybe the joy of watching a dreamer who has nowhere to land but in the ocean of reality. " Please don't take it personally