Discussion Alfred_Georgeson_Scam

*Arbitrage Expert Advisor Scam*


Another Email pops up today that is advertising another phantom Metatrader Robot(EA).

The email was straight to the point... 'Look, real account, real results, investor password. Enjoy.' And, honestly, what else can we ask for, right? Well an honest FX broker is #1 to start off with.. But, go on. continue to read.

Login: 4096
password: $1million
server port: 207.228.252.28:443 --- Later known as FXCH-- below is one comment on this broker

''FXCH is using a different price compared to the other brokers. When FXCH is using f.e. a price for the EURUSD of 1.816 then the other brokers are using a price of 1.800. The difference of 16 pips are to your disadvantage.

WARNING. Be very careful.'' quoted from (https://www.earnforex.com/forex-brokers/FXCH)

Ok, back to the Email information that I received today.

I logged in, looked at a few trades,

1.) Trade closed within 1 minute for 1 pip
2.) Trade closed within 1 minute for 1 pip loss

It didn't take more than a few seconds to see where this was going. The best part is the spreads offered by this broker FXCH -
1 pip FIXED spreads on ALL PAIRS. Don't believe me? Look at the attachment.

As i was trying to figure out what broker offers the 1 pip fixed spreads, I had to google the server port # and this is when this website popped up in the search;

https://www.fxirobot.com/

I looked a little closer and sure enough, I saw the login details for this same account that was in the email that was sent to me today.

 If you have been on this site for longer than 1 year , then this name should ring a bell : Dominic
For others that do not know this man, he built an Arbitrage Expert Advisor

 Is this legit? HELL NO.

More to come............

P.S. if anyone can be so very kind to add the discussions from previous Dominic discussion, that would be fabulous.

Fun Fact: The Real live account server from FXCH is actually the same server used for DEMO accounts at Velosity4x.com( No longer in business of course.)

source: https://www.forex-tsd.com/metatrader-4/3504-list-mt4-demo-server-ip-addresses.html

FXCH - Has been labeled as a SCAM

it's okay, but as far as I see the robot makes a pretty good result... and with more than 300k withdrawal is just unbelieveable. Btw. do you know anything how it works, what sort of variables do you have to change etc.?

And you have a website seller of this adviser?
As far as I can see so far removed from the earnings of the account.
Login: 4096
password: $ 1million
server port: 207.228.252.28:443

at FXCH . lol. Who cares.

   Hubertus88 posted:
   it's okay, but as far as I see the robot makes a pretty good result... and with more than 300k withdrawal is just unbelieveable. Btw. do you know anything how it works, what sort of variables do you have to change etc.?

its arbitrage . Use low latency feed against high latency feed and scalp the difference..

Will the broker, allow this or will he close the account?

Hi,
does one of you get answer from Alfred Georgeson or from ECN_FX_Robot? I want to trade with this Robot and settings, perhaps at profit sharing, but I dont get answer. I would be glad if I can work good with somebody with this robot.