Wednesday, November 19, 2008

FPA Bad Advises

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 vaiolated 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 saviour 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.

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