Thread is iforex ascam what is your experience

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Thread is iforex ascam what is your experienceIs iForex a scam? What is your experience?

Join Date Sep 2009 Posts 1

iforex is very pro!

Join Date Aug 2009 Posts 6

You sound like one of their salesman. well take a note of my experience with them.

iforex is duping people of their money. I have all the reasons to believe that it is certainly a scam, a fraud.

-When you are making huge profits you wont be able to close your deals.

-iforex can control the platform from their side

-Your password is provided by iforex which you can not change

-iforex have different addresses in the tutorial they sent via mail is ans the one mentioned on their website

-iforex asks you to send scanned copy of both sides of your credit card(most dangerous thing). No one asks both side of credit card.

-iforex advertise 2 pips and show 3 pips on the demo, but once you open the trade account and deposit your money with them, they change the spread to 5 pip( this is most irritating)

-Even when someone calls from Greece( as they say it), its always the same person talking in local Mumbai accent.( I doubt that they call from mumbai itself and claim it as Greece)

-The Guy who called from Greece(as he told he did) told me that he gets a commission from my deposits. So he told me to tell iforex guys that he persuaded me to add more deposit( ridiculous and fishy)

-iforex refuse to give their local address in Mumbai (why would someone do so--obviously to save them from their mal-trade-practices otherwise invester traders would bombard their centre)

-There is no regulatory body for Iforex

- there are lots of bugs on its platform( I have myself reported a few to them)

Last edited by nee007; 09-23-2009 at 06:43 PM.