FXFD fraud WARNING

Discussion in 'Forex Brokers' started by james_r, Dec 9, 2005.

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  1. james_r

    james_r

    One of the traders received the following message from

    <b>FXTrader.net</b> after he requested his money withdrawal

    "Thank you for your email - unfortunately we no longer have access to the old FX accounts including yours...

    Philip Nieuwoudt
    Office: +27 11 881 5837
    Fax: +27 11 881 5611
    Mobile: +27 82 440 4618
    http://www.fxtrader.net"


    This bucket company is saying that they lost customers records – what a <b>disgrace!</b>

    Imagine your bank doing that to you.


    James Reed
     
    #61     Feb 2, 2006
  2. FXTrader.NET - Formal Response to False Statements


    1. FXTrader.net did take over some of the OLD FXFD accounts.

    2. FXTrader.net installed a new trading platform with a 2 pip spread on major currencies.

    3. FXTrader.net is aware of clients that made profits using the old faulty webbased software and compensation has been made to clients that was effected by this.

    4. FXTrader.net is not a fly-by-night company and in business since 1999.

    5. FXTrader.net The professional forex trader - is a company for professional forex traders.

    6. FXTrader.net clients are all happy clients!

    Visit http://www.fxtrader.net today.
     
    #62     Feb 6, 2006
  3. siki13

    siki13

    They have freedom to take any amount of profits from any client
    So for those 1% customers who made large profits
    they can wipe it all in 3 seconds
    I test that by opening 100$ account then scalped they
    faulty platform (they 2 pip quotes was late by 1 sec) to 6500$
    in 3 weeks
    Fxtrader simply erased my profits and that shows how easy
    is for them to do that.
    That was experiment to see how fxtrader would react
    to large profits because i don't want to waste time for real trading and then after 6 months of real work see my balance erased
    Imagine what would happen if you earn big money with
    bucket shop like that and they have power to erase it
    Do you really see 50000$ coming to your bank account or someone from fxtrader pressing DELETE ?
     
    #63     Feb 6, 2006
  4. FXTrader.net minimum account size 3000 usd
     
    #64     Feb 6, 2006
  5. Buy1Sell2

    Buy1Sell2

    Forex cash is unregulated right?
     
    #65     Feb 6, 2006
  6. siki13

    siki13

    2 months ago(maybe even now) everyone was able to open 100$ account with credit card,but you know that
     
    #66     Feb 6, 2006


  7. 06 February 2006

    Another <b>lie from FXTrader.net !</b>

    I was told that minimum deposit is $300.

    But have a look at their web site
     
    #67     Feb 6, 2006
  8. siki13

    siki13

    Its like beating the dead horse
    I only wish they stop posting here.
     
    #68     Feb 6, 2006
  9. #69     Feb 6, 2006
  10. Buy1Sell2

    Buy1Sell2

    unregulated market?
     
    #70     Feb 6, 2006
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