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How I got RIPPED OFF by EXNESS...
Iepriekšējās 1 .. 3 4 5 6 7 8 9 .. 17 Nākamais
Mevo

Biedrs kopš May 23, 2012  62 ieraksti Mevo Nov 07 2012 at 20:54
Rob: I was arbitraging EUR/USD and USD/LTL, you will find all informations on FPA with account statements and full description of strategy. I personnally developped the EA.

jeevan007

Biedrs kopš Jan 27, 2012  26 ieraksti Jeevan s (jeevan007) Nov 07 2012 at 22:38
Mevo posted:



This is my account until I got stuck because Exness disabled the trading on the pair I was working on and didn't want me to be able to withdraw my profits. First down on the chart (account went again to 0) is a loss.
Sharp downs after that are partial withdrawals.

Jeevan I was wrong, and I always admit my errors, you're not an idiot, you are far worse than this: YOU WORK FOR EXNESS.
(Pretty amazing how many nickname-acounts Exness use to do their propaganda on forums or to post fake positive reviews)


thanks for your contribution,,,, hope you hone your skills and improve ur profit thereby,ur statements are good inspiration for traders like me,,kudos

live for yourself
hwlm

Biedrs kopš Jun 25, 2010  59 ieraksti Max (hwlm) Nov 08 2012 at 00:47 (labots Nov 08 2012 at 00:49 )
jeevan007 posted:
Mevo posted:
I'm sorry, but you're an idiot Jeevan. If anyone wasn't 100% sure until now, yet they are.


u reminded me of this proverb a bad worker blames his tools


Without a single trace of doubt Jeevan works for them

Jaypipin

Biedrs kopš Sep 15, 2011  77 ieraksti ForexTU-James (Jaypipin) Nov 08 2012 at 08:08
Its all going on here, hints and allegations. I read the previous pages, not sure how you guys caught out jeevan as a broker / spy. Max and mevo must have some jedi tricks... i cant see through the smoke

I currently prefer pepperstone as a broker, i have had no issues at all for about a year. Other brokers have their small problems.
Oanda - as you mention and i have experienced one cannot hedge, so drop that like its hot unless if it works for you.
Vantage - constantly have a no feed / no fill its like the markets not moving so the trade is rejected, so for fast execution its not great.
Alpari NZ / russia is also one of my favourite. I really like the myalpari online account, one can open demos to any value and leverage and they run forever (until left for a month). Leverage is good, execution no probs, big company etc, they are a close second for me.
IBfx and fxcm i am still testing with.

We are all faced with a series of great opportunities, brilliantly disguised as unsolvable problems - John W Gardener
Jaypipin

Biedrs kopš Sep 15, 2011  77 ieraksti ForexTU-James (Jaypipin) Nov 08 2012 at 08:14
Mevo, do you really wanna kill exness, i can understand your anger, i probably would be fuming, but just saying maybe your energy could be better spent trading like you were and making big buck. They will loss enough clients through this. I just think one mistake and the broker should be shot, okay if thats the way we should play then maybe i need to rethink the approach. Ofcourse if the service is good i stay with a broker, then i look at leverage and company profile.

If i continue with say Alpari, the leverage drops off, as in the more millions you have the leverage lowers to 1:50
With peppersone if can stay at 1:400. But they dont have white label and they are not as big, so all of this should concern us when you think of MFGlobal whom i had an account with. Seems the safest is saxobank but no one mentions them on forums very much. I think they have lowered startup capital and perhaps have metatrader platforms now.. anyone know?

We are all faced with a series of great opportunities, brilliantly disguised as unsolvable problems - John W Gardener
Mevo

Biedrs kopš May 23, 2012  62 ieraksti Mevo Nov 08 2012 at 08:38
Jaypipin: This thread was started about EXNESS. I have a description of what happened to me on the first post on the first page and 6 full pages of the whole story published on FPA, with my account statements, all emails exchanged, chat sessions and so on. And EXNESS finally admitted that they 'restrained' (they don't want to use the word 'disabled') trading on USD/LTL, and finally (after weeks of crazyness) even if they didn't admit their error (which I am convinced was NOT an error, but done on purpose, but that's only my point of view), reclosed my trades again, correctly this time. So the first reason of my loss has been corrected, not the second one, which obviously never will.

It is totally unacceptable that they disabled a pair with a customer having position on it without notice. And that they drove me mad for months and tried everything they could to cause me losses and NOT do anything to get me out of the situation.

Add to that clear proofs of quotes and spread manipulation (published CLEARLY on FPA with all evidence needed) and constant [invalid price] error preventing traders from entering or getting out of trades when EXNESS doesn't want (all evidences on FPA) with a absolutely HORRIBLE 'support' (again, just read a little on FPA and make an opinion by yourself) which is TOTALLY st*pid or acting as totally st*pid, and you have what I feel is a SCAM broker which tries to rob its customers as a business model.

Having better spreads than the best ECNs around with no fee and 36% commission on top of that given to IBs, I feel that they can't do anything else than scamming profitable traders.

Now, if after all this, someone comes and start to defend Exness as being a very good and honest broker. What do you assume ? Even if you don't have any jedi power ?

1. this guy is st*pid
2. he is related to the SCAM broker.

No ? Now, Jeevan admited that he didn't even look on FPA, so, maybe solution 1 is the good one...
What are YOU arguing about ? That small problems can happen with every broker. OF COURSE ! Oanda's no hedge is NOT a problem, it's their choice and their policy. Alpari and Fxcm are very legitimate brokers. I don't know much Vantage and IBfx myself, so won't talk about something I don't know.

We're not talking about small slippage or an execution problem on one trade once a while here. We're talking of 3000 MBB (metal currency account) of LOSSES caused ON PURPOSE by a 'broker' which doesn't want to hear anything for weeks and keeps to tell you BS. Now, my final loss is 'only' around 1000 EUROS with what EXNESS finally corrected after seing that I won't abandon like I guess some other they had to deal with.

What is your point Jaypipin ? At least you're not telling that EXNESS is wonderful and that they didn't do anything wrong. Jeevan did.

Mevo

Biedrs kopš May 23, 2012  62 ieraksti Mevo Nov 08 2012 at 09:04
Jaypipin: Don't worry about me, I have far enough energy to trade correctly AND to take the needed time to bring EXNESS down. And I will, whatever it takes. Such people shouldn't be allowed to try to scam people. Someone has to do something about it.Trust me, I will take care of this. They really scammed the wrong guy.

If you want to trade BIG (I don't have the money to trade that big, so it's not my problem), you won't have more than 1:50 or 1:100. That's what prime brokers propose to financial institutions or hedge funds. 1:500 or more is a retail thing.

If you want to have your money secured, stick with a broker who has a fund compensation from a reputable country, like the UK or SG. Try LMAX. 50K GBP are garanteed by UK governement if LMAX fails. Cyprus has such a scheme too, but maybe Cyprus can be less trusted ? Not sure, it's only up to every person's apreciation.

Saxobank is not very popular because they didn't propose MT4. Now they recently do it, but not all their pairs are available on MT4.

lurdmanny

Biedrs kopš Feb 13, 2012  5 ieraksti lurdmanny Nov 08 2012 at 15:47
i think all the brokers out there are scam if we continue this way,
everybody coming up with one reason or the other.
N:B i dont need advice on good brokers thx

Mevo

Biedrs kopš May 23, 2012  62 ieraksti Mevo Nov 08 2012 at 16:42
A *SCAM* is when a broker doesn't let you withdraw your money one way or another. PERIOD.
I don't talk of small problems that can occur with any broker (usually they do something to fix it)

And NO, SCAM brokers are just a few that give this industry a bad name.

mshear

Biedrs kopš Oct 31, 2012  4 ieraksti mshear Nov 08 2012 at 17:59
Unfortunately it seems Exness is a paid advertiser on this site. Ive seen their advertising logo.

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