Mevo's Posts - Page 3

How I got RIPPED OFF by EXNESS... in General Nov 07, 2012 at 18:12

http://www.myfxbook.com/files/Mevo/Fonds_Exness.pngThis 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)

How I got RIPPED OFF by EXNESS... in General Nov 07, 2012 at 13:08

I'm sorry, but you're an idiot Jeevan. If anyone wasn't 100% sure until now, yet they are.

How I got RIPPED OFF by EXNESS... in General Nov 07, 2012 at 11:44

Jiggy: You're welcome. Thank youJeevan: "i would be the first person to kick exness or any other broker if they follow unfair means to defeat a trader"Oh yes ? You can start right now to kick Exness' ass then (All the evidence are on FPA as stated in my previous post)To me (only my point of view), what you say is absurd ! Why do you want to wait until YOU get scamed when you have all the proofs that they scamed some of their other customers ? And then what ? You will complain ? You know, the problem with a broker is that THEY have your money, if they don't want to send it...

How I got RIPPED OFF by EXNESS... in General Nov 07, 2012 at 11:07

*Max*: "A normal trader like myself would be very cautious upon hearing such reports of scam. In fact, one such incident is more than enough to make me close my account."I'm very happy to hear such a thing. The main goal of publishing this story was of course to try to get my money back, and I got a part of it, and I guess will never get the remaining, but it's ok, now the case is closed for me in term of money (but I will still do my best to shut down Exness). The most important thing after that is to try to have people to NOT open an account with them despite their good con...

How I got RIPPED OFF by EXNESS... in General Nov 07, 2012 at 08:27

Max: You're welcome.I feel that Oanda widened a little their margin on swap too. Most of their interest rates are not as good as before. Seems to be the lower volatility on the forex market that make brokers earn less (less trades from customer I guess), and they are searching money on wider spreads and higher margin on swaps.You can ask Oanda to transfer your account to the UK. Maybe you were more confident to have a fund protection from SG than from UK. Singapore has more debt than the UK, despite what many people think ... Or maybe you don't want to have an account in the UK for oth...

How I got RIPPED OFF by EXNESS... in General Nov 07, 2012 at 07:38

Max: I would say Oanda is a quite very good broker. I would rate them as one of the most honest market maker around. And if you need it, their support is very good. Don't know what you mean by "Offshore" as Oanda is a US company and they opearte in US, UK and SG. That's not really Offshore :) What I don't like with Oanda is the 1:50 margin and no hedge (even in UK) policy.I understand you about EUR longs, but it's now the case with many, many brokers since last ECB rate cut. On markets, USD is actually paying more interest than EUR ! In fact, you start to find more an...

How I got RIPPED OFF by EXNESS... in General Nov 06, 2012 at 17:13

Jeevan: You're right, I have changed my mind. Disabling a pair without notice, having customers stuck with their position, and then driving them crazy for more than one month to finally wrongly close their trades to cause them HUGE losses and refusing to do anything about it until they post the whole story online (1 more month of crazyness), then compensate only a part of what went wrong must be what "genuine broker" do.And who is still wanting a broker who doesn't manipulate spreads and quotes these days ? Hopefully Exness does it !I don't know what your dealer gives you...

How I got RIPPED OFF by EXNESS... in General Nov 05, 2012 at 16:02

I will tell you that in a while if they answer to me.

How I got RIPPED OFF by EXNESS... in General Nov 02, 2012 at 12:31

Jiggy: Thank you. I won't get the remaining of my money back, seems quite impossible now. But that's fine, I'm OK with it. It's my fault to have opened an account with such a so-called "broker" and to NOT have took all the money and run when I saw clear red signs (I mean the quotes and spread manipulation of GBP/USD that hit some of my stop orders like posted on FPA was crystal clear, and it was months ago)Biosko: I'm trying to advertise this as much as I can, so that a maximum of potential customers do NOT open an account with them. I am really convinced that the...

How I got RIPPED OFF by EXNESS... in General Nov 02, 2012 at 07:15

Deedou: I can understand how disapointing it is to have the bonus totally removed if you just withdraw a very small part of trading gains and have far more money still on your account than what you deposited to get the bonus. Anyway, it is true that you are supposed to read and understand the rules (terms and conditions) of the bonus (not always very clear or understable) and you are supposed to have been accepted them when accepting the bonus.Not to defend them, but their bonus terms and conditions states that: "4.5 Any withdrawal of funds [...] will immediately nullify all previously aw...

How I got RIPPED OFF by EXNESS... in General Nov 01, 2012 at 21:58

ForexTU-James: I recovered a part of my money (All details on FPA). I finally (only) lost around 1000 EUROS in this story that I probably won't ever see again. I will write to New Zealand Financial Service Providers service to let them know how a company registered with them behave and to Cysec in Cyprus because Exness is seeking an European Licence there.About liquidity, it's an absurd excuse, even very exotic pairs have at least 2 or 3 million liquidity all the time. Only problem with exotics is that the spread is higher. And Ruben answer to you about that is 100% correct. Thanks Rub...

How I got RIPPED OFF by EXNESS... in General Oct 27, 2012 at 07:29

You're welcome ! Thanks for your answer.

Trying to become a full-time trader in General Oct 27, 2012 at 07:24

On another hand, if you want some maybe useful thoughts (Only personal opinion):- Successful traders don't share, why would they ? So don't spent too much time looking this way- The bigger you account is (yes, I know, easy to say), the easier it is to trade.- Same thing for time frame: The higher the time frame is, the easier it is to trade. Markets in general tend to be a little chaotic in the very short term, prices go in every direction, but it's far better on longer time frames.Best thing is to see by yourself what works for you. It's a good idea to trade with little money,...

Trying to become a full-time trader in General Oct 27, 2012 at 07:15

I guess that trading is a little bit like religion: It's a quite personal thing. Every person has his own approach, his own beliefs, and his own way to handle it. Every trader trades differently. And it takes a LOT of time, it doesn't come from one day to another.I wish you good luck too.

How I got RIPPED OFF by EXNESS... in General Oct 25, 2012 at 22:05

James, no, not for the moment. People at Exness seems to be totally stupid. At least their answers are. Are they, or do they act like this to buy some time ? I'm not sure ... Anyway, no solution for the moment. I will post here when there are some new developments.Thank you.

How I got RIPPED OFF by EXNESS... in General Oct 24, 2012 at 07:55

Thank you buddy ! I WILL do my best, and I'm motivated ;) You can follow the case on FPA for now, and I will keep people informed here if there are new developments.

How I got RIPPED OFF by EXNESS... in General Oct 23, 2012 at 08:35

Hi Hugoo. Thank you for you support. Here you will find attached a screen print showing how their "automatic withdrawal" advertised everywhere stops to be automatic when you want to withdraw more than your deposited. Translation of comment you can see in French means: "No need to worry, transaction will be processed as soon as possible" ;)As for my case, you can find the whole story with every details on Forex Peace Army (sorry to advertise another website here on MyFxBook !) "Scam folder Alert" as I'm currently uploading everything there. It's quite long,...

How I got RIPPED OFF by EXNESS... in General Oct 22, 2012 at 19:32

Don't worry DrVodka. You can be assured that what need to be done WILL be done.Currently all evidence is provided on a FPA scam case, and Exness is supposed to answer. Curious to see what they will say. Maybe they will accept to compensate, who knows ?

EXNESS in Brokers Oct 21, 2012 at 09:15

DailyFxPips: "Best conditions": TRUE ! But they will SCAM you if you win too much ... They even have TOO GOOD TO BE TRUE conditions !"Withdrawal works automatically": TRUE! At least when you withdraw LESS than you deposited ... After this, it's up to them.Just check on the previous page for full story.

How I got RIPPED OFF by EXNESS... in General Oct 20, 2012 at 18:03

I would say that Exness has the best conditions you could dream of: Incredible spreads that are as good as best ECNs like LMAX or DUKASCOPY without any fee, and amazing swap rates (Maybe the best you can find). And you can have 30% rebates on top of this (I was with BestForexCashback, which had always been great). I told myself a few times that it was too good to be true, and unfortunately I was right, but at the same time, I was stupid too (won't change anytime soon I guess) and continued trading anyway as everything was fine for approx 6 months.Then, as I was making too much profit I gue...

All Quotes
AUDUSD	0.65485	USDCHF	0.9116
EURJPY	168.153	EURCHF	0.9791
EURGBP	0.85736	GBPJPY	196.118
EURUSD	1.07406	GBPUSD	1.25269
USDJPY	156.556	USDCAD	1.36448

EURUSD	1.07406	GBPUSD	1.25269
USDJPY	156.556	USDCAD	1.36448

Posts by Mevo