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How I got RIPPED OFF by EXNESS... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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.

How I got RIPPED OFF by EXNESS... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung Oct 27, 2012 at 07:29

You're welcome ! Thanks for your answer.

Trying to become a full-time trader trong Thông tin chung 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 trong Thông tin chung 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... trong Thông tin chung 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... trong Thông tin chung 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.

EURUSD	1.13614	GBPUSD	1.33562	AUDUSD	0.64027
USDJPY	142.759	USDCAD	1.3792	USDCHF	0.82211

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