FPA Added To SCAMPEDIA!

With Felix, even Money Forex becomes a SCAM. What a pity! Felix has been thought of as having the Oedipus complex but applied to Forex brokers. For he desires to kill all brokers for his desire for the market to be his own without any other partner, like Oedipus who killed his father to have his mother only for himself !

There in FPA’s created committee, for making scam cases, Felix has created another story in his series concerned with Money Forex broker. FPA scam investigations committee has supported a story against Money Forex, claiming that a member of FPA called Edforex has been scammed by Money Forex. But again another fake name for an imaginable character and may be, a cartoon one. Edforex complained to FPA accusing his broker, Money Forex, of stealing his money by suspending his account because, according to him and FPA, he has made large profits of $100,000. But for Money Forex, they justified their suspension that Edforex has violated their leveraged policy after he has been upgraded to a platinum account, whose leverage is set at 50:1, he still trading at his previous normal leverage which is 200:1. And thus, becoming suspended and is prevented from logging to his account.

As usual, FPA comes as the savior and traders’ angel and began in helping the so called victim of Money Forex, and guess what? One of FPA committee member, Tessa, made her calls and investigations with the broker and there was no response! And hence, FPA comes with their final role to claim that Money Forex is totally scam and advise traders to keep away from it,
“We strongly recommend traders not to do business with this company. We recommend withdrawing any funds and closing account you may have with them. We recommend against opening any new accounts with them.”

In reviewing FPA review about Money Forex, there we found them nominating it as a SCAM, and also about 5 members reviewing it as a scam while about 3 others reviewing it as good if not among the best. Terrible!!! All the members that wrote on this thread have posted only one post!! why when I open any scam investigation in Forex Peace Army I see that?
The Normal Brain will say that 90% are fake members, just to make it hot and to show attention and attraction but in reality all of them are fake characters as Pharaoh. 100% Non of them is real trader and the proof is that if a real one posted something he or she will return again to reply it and share opinion. What a contradictory reviews full of strange claims without any single evidence like that of Edforex. Claiming that something bad is so simple, but to prove it isn’t that easy. And because FPA don’t have the proofs or documents to prove their sayings, it is hard to gather supporters around them, and so they make the posts by themselves to make it seem as they wish.

However, this is clear in the comments made on Money Forex scam case, for all at once believe and support the case. Besides, all comments are made in two days in sequence. One of the impressive comments there is that of Pharaoh where he wrote:

“Wow! Someone beat me to the helpful advice. Good job guys.
I’m not sure of MetaQuotes would really try to restrict sales to the worst brokers. I’ve read they have server side add-ins to help brokers cheat clients by manipulating slippage and requotes. Still, I guess it couldn’t hurt to ask.
I can’t condemn 100% of offshore brokers, but Craigmalm and Damir are right that you should be very careful with that sort of broker. A licensed, regulated broker can also rip you off, but it’s less common.”

As you know Pharaoh is the prisoner Robert Grespi that all the world call him the criminal as you see him always behind another name which is Pharaoh. I feel that he is a friad to show or to give his real name and I noticed that in many topics related to his contributions.

He is trying to build bad reputation for the MetaQuotes by saying that they have server side add-ins to help brokers cheat clients by manipulating slippage and requotes.

It’s very popular between all forex traders that they are reviewing the charts between more than on Forex Broker and downloading more than platform to see the differences in the charts. Always for me and others we find that the difference is between 4 to 10 pips only and that is because the differences in the spreads between brokers.

Actually I don’t know why Robert Grespi (Rob Grespi) is trying to kill trading principles. I think these days are not sufficient for such Idiots from FPA and it’s servants. The market is full of gaps and unbelievable volume of losses in online forex trading.

The idiot is then saying “I guess it couldn’t hurt to ask” without any kind of respect, without any kind of appreciating, without any kind of understanding and without ethical style of writing.

I hope that this Robert learn how to talk about “MetaQuotes”, also I think that Robert made millions of Pips from using Meta Trader 4 as he said before and as Felix Homogratus saying in wpips.com

MoneyForex, Poltekfx, Saxo Bank, FXCM, FxPro, ForexGen, Interbankfx, AC-Markets,……etc are online brokerage firms and that is right. Did any of them persuade traders to fund or to open an account? I think No and for sure No. All of them are online and have websites, Bank Accounts and a platform and the trader has the freedom of opinion to choose one of them.

Read the Terms Of Services OR the Trading Agreement before searching about this broker in NFA OR FSA. NON of them will return for you the money in the SCAM Case.

when Forex peace Army write anti posts for the brokers there will be battle between the broker and the traders that are helping FPA.

I want to say that everything is online and not hidden behind another name like Pharaoh character, and all traders should read carefully the TOS before opening accounts to make sure from the terms that are listed that will keep thier rights in safe hands.

Felix Homogratus, Pharaoh, Robert Grespi, Dmitri Chavkerov, Damir, Tahir, Codezilla, craigmalm, Rashid, DesertRabbit and thousands of names, all of them should have a brand called “SCAMPEDIA” “Made In FPA”.

We are investigating now with poltekfx and ForexGen to see what is the secret of this rumors that ForexPeaceArmy made to them.

FPA Betrays The Market

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.

Felix Scams Got High Record

Continuing the series of Felix projects on the web, there is another website added to Felix’s catalog. It is not announced there that it is owned by him(though it is the biggest aspect of scam), but it can be read between lines. This website known as Spartan Forex Fund, http://www.spartanforexfund.com/.

Felix main intention behind building this website was to gather more wealth. Spartan Forex Fund activity is to make clients open accounts and take regular profit of 16% on their account balance. This is too much similar to a bank account, in which clients put their deposit and take regular profits from it. It can be considered as private investment, but Felix knew well how to handle his business for his advantage.

Now if you visit this url http://www.spartanforexfund.com/ you will find it closed. The website is close for violating privacy laws of Switzerland while they are originally located in USA! Even in times of defeat Felix knows how to keep eyes away from him. The server really locates in USA, and it is written now in the website homepage that it is appended to Switzerland.

The website activity was ended due to discovering its real immoral activity. They intend to open accounts for clients and give them a certain percentage over it. But what happens after an actual period is that they suspend their accounts and there is neither a profit nor a deposit, meaning that clients lose all their money. So after a certain period, the website ended its activity for the reason published on the homepage (or may be Felix has become sated with the money he gained).

The strange thing here is that, this Spartan Forex Fund appears to be like a financial partner, but there is no single evidence that they have a money management agreement or any partnership agreement with any broker or financial institution. So how can it be? Or how traders could trust them and put their money there?

Isn’t it enough for now to know all these scam cases of Felix and his partners? What are you waiting for to happen more than that? I think nothing worse could happen than succeeding in making a mafia online disguised behind a curtain where nobody can be able even to notice their black magic effects!

FXCM in the blackmail flames of ForexPeaceArmy

For you following up the Forex news, the hottest story right now is another raid from Rob and Felix trying to blackmail FXCM again. It seems they don’t learn, or maybe they have nothing else to do.

They have planted Mr “X” a trader referred to FXCM by one of their closest IBs. Mr X has forged trading reports and statements from his FXCM account telling he has earned $53,500 and asking them to pay.

Same day, the issue is all over the Internet and a storm of angry call, angry chats and email are flooding FXCm support disk. 

FXCM has a tradition of neglecting such waves of hate spread by FPA. Felix has leaked a story 2 years ago that he was working for FXCM to attack other brokers, and that all issues he makes against FXM are just disguising.

No matter where the truth is, FXCM is a large broker and will be there long after Felix and Rob are gone behind bars.

Financial Times reviews the forex sites – ForexPeaceArmy is classified as scam

Financial Times has issues a detailed review on its Friday’s printed version sold all over the world.

Most major brokers and other sites serving the forex industry were reviewed. One conclusion they got when they went through FPA’s site, it is an obvious scam.

Re-quoting them” When it comes down to their review section i have to say that it is sadly very Biased. The traders listed on the site as high star managers are fake names, and their reviews have the same writing style, the very one of the site owner. Feel free to gather information from the site for new traders but be warned that the information and reviews are quite horrible.I have posted multiple reviews with proof of poor performance on traders which have never been posted. I have tried many times with no luck.

Therefore, I would not trust a thing that is on his website due to the inconsistency of his review strategy. I offered to assist him and he just told me to post my comments in his forum.”

 

Elite Universe Inc. – A part of online Organized Crime

Rob and Felix has incorporated a company that has a main purpose, money laundry of their scam services. The millions they are scamming novice forex traders for are going through this company and are smuggled to Russia where felix (Demitri )is financing many illegal activities.

The news brings many inside information about this gang, read more here

Searching wordpress for Rob Grespi, gives you an idea of the caliber of this criminal

Updates from ForexPeaceArmy Last Attacks & Scams

I was personally fooled by Felix the bastard from ForexPeaceArmy

Posted on June 15, 2008.

I was fooled to use their signals, lost all my money after following their signals, and when i returned to them for help, they offered to get me my money back from the broker using their own way. the price was half the money. I was stupid enough to accept that as i was hopeless after my big loss.

I have been dragged to a fight between ForexPeaceArmy and the broker. FPA asked me to post that the broker has scammed me on many blogs and forums. They also asked me to send an email to the broker many times every day claiming that i was scammed.

In the middle of the battle, Felix called me asking for 2000$ up front to continue the fight, and threatened me to let me down with the broker if I refused.

At this moment, i discovered how stupid I was, and pulled out.
FPA showed no responisbilty what so ever for the fact that their signal was the reason for the loss in the first place.

Using unethical methods to blackmeil the broker to cover the loss never felt the right thing to do for me, and I really regret it. I have given up the case and told the broker all about what happened. To my surprise, they thanked me and rewarded me for honosty with a little deposit that I’m using now to trade, without the fake signals from FPA (Rob Grespit’s) of course.

I know many brokers are bad, but FPA is the worst thing on the forex market, watch out for these unhonost people.

I was googling for forexpeacearmy and found this blog that tell many stories about the forex market and FPA

http://forexpeacearmy.wordpress.com

These blogs are also showing many strange things in the forex industry, and most of them involve ForexPeaceArmy scams in a way or another

forexpeacearmy

robgrespi

diamondsignals

avaforex

dukascopy

etoro

fxsol

tradeoracle

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luisrivas

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rovecapital

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forexeducator

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Felix and Rob in deep shit again

Hot from the news,

The master database of ForexPeaceArmy and all related sites have been hacked. Users data have been stolen. Hundreds of members of the sites and services are reporting getting emails from the hackers.

The problem with this security breach is that the trading sites owned by FPA, like avafx, share the same database, so basically, traders information have been hacked.

We urge all members of these services to at least change their passwords and be careful of emails they receive. in the coming days.

Another fake signal from Felix has just came out–Traders, watch out.

Hi there 

This is Felix writing. I wanted to share with you my outlook for the month of June, 2008.

I just recently sent in an order to my bank to go short on GBP/CHF. In my opinion, considering the current circumstances, the strongest currency out of the 8 majors is Swiss Frank, and the weakest is Great British Pound.

I actually initially called a short on GBP/CHF back in December of 2007. During that time, everybody was being crazy about shorting GBP/ JPY, which was definitely a good thing, but I remember talking over the telephone with my partner Sir Pipsalot, who is running the ForexDiamonds.com service, and I told him that I think a short on GBP/ CHF is even better than a short on GBP/JPY.

Well, to make the long story short, in 2008, on global scale, Swiss Frank gained 7.19%, and Great British Pound lost -3.07%. In comparison to Swiss Frank, the Yen only gained 0.48%.

Yep, it seems like everybody was talking about the strong Euro and strong Aussie in 2008, but in reality, Swiss Frank outperformed them both. Here are the detailed statistics on all 8 currencies:

CHF: +7.19%
AUD: +5.72%
EUR: +4.08%
JPY: +0.48%
USD: -2.32%
GBP: -3.07%
CAD: -5.18%
NZD: -5.19%

Looking at these statistics, you may be wondering how in the world I came up with these numbers? Well, the way I came up with them is I compared each currency against the 7 other currencies, then I derived an average from that. This way, we can not only know how a currency performed against one other currency, but we can know the average against all the other 7 majors.

I actually requested a programmer to build me a calculator to do that. This way I could see in one snapshot the overall picture for today or yesterday, or for last week, or last month, or any custom date. And we are actually going to offer this calculator as free tool for our ForexPeaceArmy community. Wait for an announcement on that sometime this month. I believe this tool would improve your trading.

Anyway, sorry about that, it seems like I got a bit carried away here. Let’s go back to our GBP/CHF short.

Here is the situation. The UK economy has been put in a tough situation. Their inflation is going up, while their overall economy is slowing down. So there has been a lot of uncertainty about the UK interest rate which is at 5.00%, which is still very high, comparing to the rest of the world.

So what has happened, is in the month of June, GBP has actually gained value, because there were speculations of further rate hikes. You may be surprised to hear that, because it seems like GBP/USD is going down. The reason it’s going down is that US dollar has gained even more value than GBP. But if you compare GBP against all the other 7 majors, and derive an average, it’s actually gained around 1.06%, just in 10 days, which is a lot.

So to make the long story short, the market is currently pricing in rate hikes from the UK, which are highly unlikely, so if there is a cut in the next 3 months, it would be a big surprise, and the pound will lose a lot of value.

On the other hand, the Swiss government seems to be very happy about their interest rate of 2.75%, and the market is still pricing a possible cut by the end of the year. Regardless of it, the CHF has gained 1% in May, and already gained 1.86% in June comparing to the average of the other 7 majors.

So we are definitely seeing a solid trend of falling pound, and solid trend of rising Swiss Frank. Please note that the pound is falling, despite their high interest rate, and if they cut, it would only aggravate the fall. On the other hand, the Swiss Frank is rising, despite the fact that there are talks about possibility of rate cut by the end of the year. So if they decide to stay on hold, or even hike, it would only put fuel into already rising frank.

I hope I am making sense here, and of course once that calculator is posted, you will be able to have a very invaluable tool to your trading.

That’s all I have to say for this month. Next month, July, one of my friends who is managing a fund of several hundred million promised to write up his take on the forex market  I personally look forward to that analysis.

What do you think about what I said about Pound and Frank? I’d love to hear your feedback and your 10 cents on the issue.

Thanks
-Felix

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