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Now, I have heard of some pretty rigorous verification procedures, but a letter of apology?! Still, being an obedient guy who was also in need of his frozen fundsthe trader apologized. Well, guess what — he is still waiting for his money!
In the meantime, the FPA discovered the broker, which claimed to be registered with the BVI Fsc regulator, was in fact completely unlicensed. The moral of this story — a letter of apology is not a toy!
Rizwan Awan and TrendsFX. His game started back inwhen the first complaints came in.
He was supposed to be managing accounts for clients of his company Next-Consultancy. Awan proved to be reckless and irresponsible, masfer his venture was soon shut down.
He made two later attempts to repeat the same course of action, and even went as far as to claim the last company he mastfr was not in fact his, and he was merely a salesperson, not at all in the trading department. Well, guess what — it was all lies.
MetaiForexRobot was accused master forex review forex peace army using code and the activation server from Million Dollar Pips without authorization. The allegations were confirmed by Maaster dollar Pips, who even tried to work out a deal with Metai, to make everything legal.
This, of course, fell through since Metai didn't exactly feel like paying its proper dues.
The first company, IFTI-Service, committed a pretty simple scam — it just completely busted one of its rreview account. Big deal, you'd think — there's always a risk in Forex and, after all, that's what insurance is for.
Despite elaborate promises of retribution, IFTI's clients is still expecting to get paid, though at this point I'd say they're in for a lifetime of waiting. The company submitted a Performance Test for Safe 'n steady trading signals from Safensteadyfunds.
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Testimonials may not be representative of all reasonably comparable clients. Trading involves significant risk of loss and may not be suitable for all investors.
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