Mevo's Posts - Page 2

EXNESS in Brokers Mar 29, 2013 at 09:47

BellaVista, what are you arguing ? That "Barbarian" did some bad trading ? Yes, maybe ... And so what ? It doesn't have anything to do with the fact that Exness manipulates the spread (among other things) according to your ORDERS, not to MARKET CONDITIONS , and THIS IS what Barbarian says, because he experienced it, like I experienced it too.Now, what trader says to another trader: "read the terms and agreements of the broker" ? ;)Why are you accusing Barbarian of bad trading (Which is TOTALLY IRRELEVENT) and defend Exness ? You're trading with Exness and are *SO* p...

EXNESS in Brokers Mar 28, 2013 at 21:34

To continue the discussion:http://www.myfxbook.com/community/general/how-i-got-ripped-off/429695,14#?pt=2&p=1&o=429695

EXNESS in Brokers Mar 28, 2013 at 21:32

Yes exness may have a 1.5 pip spread the all of a sudden it becomes 10 pips. Yet that ONLY occurs during NEWS RELEASES. Any experienced scalper or trader knows to stay away from a currency during that time. Exness is not the best broker for scalping, but they are not be blamed for your horrible entry point which ends up in you losing funds. To widen the spread during news is one thing, and everybody can understand this. This is NOT what Exness does. At night, when the market is not moving at all, try to open a 1 LOT pending STOP BUY order 10 pips above the actual price, and a ...

EXNESS in Brokers Mar 28, 2013 at 21:22

Barbarian: Thank you for your post. I totally agree with all that you wrote. It is true that Exness post a lot on forums: Under their name, and under other names, saying it is the traders fault, defending Exness or promoting it as the absolute best broker on earth (and often accusing scammed traders to work for a competitor and post false stories, lol)PLEASE do NOT do the same mistake as me: I was at one point in the EXACT same situation as you. I had noticed their tricks, but wasn't too sure about if they were scamming me on purpose or having, like you say a "crap service". And ...

EXNESS in Brokers Mar 28, 2013 at 15:16

It has already been posted to FPA, here: http://www.forexpeacearmy.com/forex-forum/scam-alerts-folder/21964-exness-scam.htmland there is a thread here on MyFxBook too: http://www.myfxbook.com/community/general/how-i-got-ripped-off/429695,14#?pt=2&p=1&o=429695All trades had to be closed at the same time as they were hedging each other. You will find all explanations on FPA if you want.

How I got RIPPED OFF by EXNESS... in General Nov 12, 2012 at 16:24

Jeevan, return to page 4 of this thread, we talked about quite a few brokers. You were already here ... If you have additional questions about other brokers, just send me a private message.Why, you're not that confident with Exness anymore ? ;) You finally understood ?

How I got RIPPED OFF by EXNESS... in General Nov 12, 2012 at 16:02

You never stop ;) Who said I don't have accounts with honest brokers ? Where do you think I'm trading right now ? Who said you can't have multiple accounts with as many brokers you want ?As I said a lot of times now: Exness conditions are amazing, they are just too-good-to-be-true. I have been attracted by their conditions and didn't do correctly my homework before opening an account, and then I was st*pid enough to not run when I saw the red lights. Ok, I did it. What's you next crazy question ? ;)

How I got RIPPED OFF by EXNESS... in General Nov 12, 2012 at 13:49

Jeevan,I did a huge mistake by opening an account with Exness. What is done is done. I'm now trying to prevent smart traders to do the same mistake. You want to "continue until you get cheated", that's up to you.Lol, this battle is lost for Exness, I assure you I will win. I already answered you that I have far enough energy to trade and bring Exness down at the same time, don't worry for me.Comparing other brokers to Exness, and saying that they are "all like this" is an insult to all the honest brokers out there, and I would say that there is a lot more honest...

How I got RIPPED OFF by EXNESS... in General Nov 12, 2012 at 12:21

The main address of a company is its "REGISTERED OFFICE" address and it may be held at a domiciliation service provider. It has to be a REAL street address and some documents have to be stored there, nothing more. Business can be handled from somewhere else. This doesn't make the address "fake" or the company less legitimate. The fact that a broker is physically present at his registered office address or not doesn"t have ANYTHING to do with the fact that they are honest or not.NZKIWI: Forex USED TO be totally unregulated in NZ. Now, ithere is the NZ FSP which brok...

How I got RIPPED OFF by EXNESS... in General Nov 12, 2012 at 08:31

Alexander,Ok, which clause exactly beetween 3.1.a and 3.1.i of your general business terms do you claim to have used in this situation ?"After receiving your logs, closing prices of USD/LTL orders had been corrected in your favor and appropriate compensation had been added, after that you successfully withdrew the amount. Thus, your complaint about USD/LTL has been satisfied."WRONG close of my orders happened on OCTOBER 4, after already having been taken for an idiot since SEPTEMBER 18 (that's when trading has been disabled on USD/LTL). And I complaint about the WRONG order close...

How I got RIPPED OFF by EXNESS... in General Nov 10, 2012 at 07:59

Jiggy: "It is indeed very heartening to see the effort put in here to stand up for a fellow trader"ABSOLUTELY ! And this thread is slowly starting to be a quite popular one on MyFxBook, so thank you everybody.I would like to hear from "Alexander" of Exness about the 2 questions asked before, what is his answer about it ?: "Alexander, so where was the respect of YOUR own client agreement article 3.2.a about my right to close my positions in the terminal of the company ? And where is the respect of what I have been told by chat on september 20 2012 at 22h33: 'Be sure...

How I got RIPPED OFF by EXNESS... in General Nov 10, 2012 at 07:54

007quantumpips: I guess it is each trader responsability to do his own due diligence and "know your broker" investigations before opening an account. And I would say that it is each trader responsability to report to other traders and to the apropriate authorities the wrong doing of a broker when it happens to them and they have the adequate evidence showing bad bahavior of a broker.As I already mentionned, opening an account with Exness is MY FAULT, I should have looked better before doing so, and I should have run away a long time ago when I saw their quotes and spread MANIPULATION...

How I got RIPPED OFF by EXNESS... in General Nov 09, 2012 at 13:04

Thank for the support of every trader here, really apreciated !Mshear: I TOTALLY agree with youBiosko: I agree with you too. I could certainly claim for a "bonus" compensaion as you point it out, when you see all that happened and how it was handled, but didn't even ask for anything, just the EQUITY on my account, and this already was too much for Exness. And as *Mshear* clearly says it after reading how they behaved, they truly did their best to scam me and not arrange anything. If they wanted to just not let me OPEN new trades, why not, I wouldn't have had any problem with ...

How I got RIPPED OFF by EXNESS... in General Nov 09, 2012 at 09:40

Alexander,Even if I accept the "liquidity" issue (which is NOT the case). It is still UNACCEPTABLE to disable the trading of an instrument with a customer having positions on it, without at least a little notice, and we will see what Cysec and NZ FSP think about it. At this point you perfectly know that I couldn't close my trades WHEN I wanted anymore because I had to ask to your "support" which did EVERYTHING they could to SCAM me and the story perfectly shows it. Everybody can read the chat sessions and everything else on FPA.Exness NEVER tried one moment to get me ou...

How I got RIPPED OFF by EXNESS... in General Nov 09, 2012 at 07:18

Thank you Biosko ! I apreciate to read some comments like this, especially after reading some Jeevan absurdity. I fully agree with you.MsHear: You ARE right ! It seems that Exness put a lot of efforts to spam reviews and forums. They create a lot of different accounts to then post amazing reviews and to try to discredit people alerting about how they really behave. It IS tempting to open an account with them: Good (FALSE) reviews, VERY good conditions when you look at their website. But at the end (at least that's how I feel), you tell yourself: How can I have been so st*pid ? ;)Don't ...

How I got RIPPED OFF by EXNESS... in General Nov 08, 2012 at 18:30

Exness is spending a LOT of money advertising everywhere ! With such low spreads and 36% commission for IBs, ask yourself how they can win some money. I was unlucky enough to be too succesful for them and discovered the hard way how they do.MyFxBook doesn't moderate what you can say or not about a broker. I didn't have any post moderated, and that's GREAT! Thank you MyFxBook. That's not the case on every forum (I would rate FF as the worst, you just can't say anything there. Stay away from here if you can)I guess that advertising goes through an advertising network, so the ...

How I got RIPPED OFF by EXNESS... in General 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.

How I got RIPPED OFF by EXNESS... in General 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 ...

How I got RIPPED OFF by EXNESS... in General 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 aga...

How I got RIPPED OFF by EXNESS... in General 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.

All Quotes
AUDUSD	0.64977	USDCHF	0.91437
EURJPY	166.308	EURCHF	0.97867
EURGBP	0.85882	GBPJPY	193.625
EURUSD	1.07029	GBPUSD	1.24611
USDJPY	155.378	USDCAD	1.36984

EURUSD	1.07029	GBPUSD	1.24611
USDJPY	155.378	USDCAD	1.36984

Posts by Mevo