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FPA Fake Brokers’ Reviews

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Experiencing Forex trading is not easy to consider yourself that pro in a short time. And to have a good knowledge of the market and its components, you deserve to have a long time of experience to be fully aware of what may affect he market. And above all, it is important to be aware in cases like Forex brokers reviews, like those in Forex Peace Army. To know what to believe and what not to believe.

Among FPA scam cases, there is that story of Sigma Forex broker. First, the story starts with Felix claiming that SigmaForex and ForexGen are the both under different name. Then, he gradually runs to the stage that SigmaForex is linked to ForexGen. And at last, the story is concluded, as usual, with a scam case of stealing one of their client’s money.

And here you are the story in brief,

FPA scam investigations committee has received a complaint from someone called, Hossam Park. He was a client at Sigma Forex who opened an account with $2500 and after making profits, Sigma Forex refused to withdraw his money, and suspended his account and, moreover “ceased communicating with him”. The reason FPA mentioned why Sigma Forex has suspended Hossam’s account was that “they changed their margin requirements on September 19th and that the trades were closed due to these new requirements. They said “our aim was to protect our account holders from any danger that may affect their investments.”

The only comment should be written here is ‘No Comment’. How a broker could change part of its policy and close all the trades without any concern of the traders or any alert for them. How can a broker ignore its clients easily and damage its business in this simple way. And what is really amazing here is that Sigma Forex could close Hossam’s positions at the same price he got profits but this time he was losing. Oh, the luck was really so close to the broker that in two days they could make their client’s profit turn into loss at the same price, meaning as if he didn’t make profits at all.

Then, FPA ended the case or the story with a happy end this time. Seems like the director, Felix, wishes to make a happy ending movie this time, getting bored of all black ends done before. At last, Sigma Forex returns Hossam’s money back and they are healed by FPA committee. Impossible as it is, isn’t it? For the first time some one claimed to be scam becomes pure at the end!

This is significant in itself. First, FPA tried to show that a certain broker is a scam and published its case and let it under investigation. Then, after spotting light on it, they absolved it from being scam. A clear direct propaganda for themselves and it is clear in the comments made there, all members made the comments are praising FPA and Felix. They are trying to prove that they are the eyes and hands of justice, that whenever the opposite of something is proved they will admit it if it is against their will. Innocent as they are! But in the side scene, their dark ethics are glowing.

November 24, 2008 Posted by FX_Angel | Forex Awareness, Forex Fraud, Forex Scam, ForexPeaceArmy, ForexPeaceArmy.com | , , , , | No Comments Yet

About the Forex Peace Army ?

I’m newbie to the forum and on the upper end of what I call the intermediate trader, not quite a fluent expert if there is such a think, but can make constant gains.
I was brought to the site, by another forex forum or maybe a google search looking for information about MACD methods etc.

Anyhow site looks nice to me and the information looks good also.

After reading thru the reviews a bit,I did a search on peace army reviews. I just wanted to see if I could find anything at all about it.
I could not believe all the stuff out there. My first inclination was to defend the forex peace army, since what little I saw on the site looked ok, and seem to be lots of member support etc.
Anyhow, I read thru a few of them basically saying the same types of things, just some blogs about forex peace army member getting scammed out of money for signal service and losing tons of money etc etc. Anyhow I had some trouble on the site finding any forex peace army signal service other then the free service that I’ve seen on the forums. So I posted in the blog that I would like them to please clarify this topic as I did not see anything on the peace army site to pay for signal services etc.

Well anyhow sorry for the long winded post, but just wanted to say that I’m glad to come back into the site for a further look and to see the info about Peace Army at War.
I initially suspected that some of this could be backlash from those brokers who may not like the reviews on the site, but also considered that it’s just someone else who has something to lose as well. I’m aware of that people will do anything to persuade the weak minded which is the art of the scam to begin with.

Anyhow, could someone please help me understand exactly why there would be any such posts about linking Felix to other scam sites, and also going as aka Dmitri and why people would say that Felix has aliases etc.

Obviously if this were true we would not be talking about the tactics of scammers out in the blogs etc.I’m trying to really understand how this all got started.
I see that the cases posted indicated investigations etc. and that some peace army member lost money somehow in one case etc. But does not really identify what this member was involved with or why they were do funds back ?
I’m not trying to knit pick here, and I don’t believe the blogs, but I want to get information for my own knowledge and that is all.
I know there are 2 sides of every story and just want to know all the angles.I would be happy to post rebuts on these blog sites while I’m watching my charts. Since I’m just sometimes sitting here watching the flickering wicks on the charts.

Anyhow Please advise anymore insite on this subject
Thanks

September 22, 2008 Posted by FX_Angel | Dmitri, FOREX BASTARDS, Forex Awareness, Forex Fraud, Forex Scam, ForexBastards.com, ForexPeaceArmy, ForexPeaceArmy.com, SECREAT FOREX SOCIETY | | No Comments Yet

FPA loses one battle, but the war goes on

Financial Trading Made Simple

 

In our ongoing war on scammers, we make enemies.  One or more of
these enemies has kept a distributed denial of service attack going
against our website for over 3 weeks now.  The very act of engaging
in this sort of cyber-attack proves that we are not just warning
people about simple scammers, but that some of these scammers are
unrepentant criminals who will stop at nothing to hide their scams
against traders.

Our IT team fought back, but the criminals kept shifting tactics.
Finally, this morning the entire web hosting company was brought
down to its knees by so called “Brute Force” attack.  Thousands of
other web sites in no way related to Forex Peace Army suddenly
became unavailable. In order to protect innocent customers, our
webhosting company disabled ForexPeaceArmy site access for many
parts of the world.  Their datacenter proved to be inadequately
equipped for this battle, so we are going to regroup and move our
hardware to another stronghold.

We have to admit that we got our asses kicked, but we’ll be back  :-)

The FPA forums and our reviews are backed up in multiple places, so
there should be no loss of data.  The Daily Trading Signals will go
out in text format until our site is available throughout the
globe. Please stay tuned, we will  be back soon.  We WILL NOT let
the criminal scammers win and deny people the right to access our
reviews and forums.  Everyone here at FPA headquarters is 100%
committed to bringing the website back up as quickly as possible.
We may have lost one battle, but we will NEVER surrender in this war.

Warmest regards to all our fellow soldiers,
FPA Administrator
FPA AsstModerator
FPA Review Moderation Team
FPA Forums Team
FPA Scam Investigations Team

1617 Broadway St.#C, Santa Monica, CA 90404, USA

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September 21, 2008 Posted by FX_Angel | Chavkerov, Dmitri, FOREX BASTARDS, Forex Awareness, Forex Fraud, Forex Scam, ForexBastards.com, ForexPeaceArmy, ForexPeaceArmy.com, SECREAT FOREX SOCIETY | , , , , , | No Comments Yet