FXFD fraud WARNING

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J

james_r

Worst possible FX Broker

We are a group of traders, who were unlucky to choose FXFD (Forex Financial Dealer, www.fxfd.com) as our broker. Our deposits, profits from trades were stolen by the above companies.
We intend to expose that fraud on the internet/media and to the authorities in the counties where these companies operate.
If you have any information about FXFD, Forex Technologies Ltd or World Investment Group Inc. they belong to, please email us: js-reed@hotmail.com
 
When I deposited funds with RefcoFX and opened up an account you have no proof that you even have an account with them. All you have is a "live" trading account that might as well be a demo account. I assume that FXFD is the same.

The Forex industry has to change fast. I'm very reluctant to fund my FXCM account unless I get my money back from RefcoFX.

PS....they also must make it easier to withdraw funds and drop the $25.00 fee, it's a ripoff.
 
I went to their page.

It was clear to me that these guys are a bunch of cheats trying to get people to invest their money with them in order to avoid taxes.

Check out their regulatory responsibility below:

REGULATION

World Investment Group Inc., is an offshore company registered in the Tax Haven of the Commonwealth of Dominica. FXFD is governed by the IBC Act of 1996(Tax Haven) and the Corporate Clearing Agreements governing our inter-bank Clearing Operations with these banks

FXFD underwent strict due diligence by these banks to engage in Corporate Clearing / Dealing and other Business Operations with them. The company has to comply to any such regulations and criteria as required by these clearing agreements. No other authorities applicable in the Commonwealth of Dominica

The companies financial is audited by an independent accounting firm to comply with all accounting and legal requirements

The company is operational in the online financial markets. Registration Nr. CD1127/05

Note: CFTC, NFA and SFA are not applicable bodies in Dominica
 
The following was posted on several Forex websites and forums in November this year:

World Investment Group Inc. presents Group of companies in Forex Industry:

1. ForexBankOnline - http://www.ForexBankOnline.com
A managed accounts program with BG for investors whose funds safety protection in best banks of the world. Open account at bank not broker. Minimum account size 100 000usd

2. ForexFundOnline - http://www.ForexFundOnline.com and http://www.FXFD.com (Forex Financial Dealer)
Balanced managed FOREX Fund. Best investment programs. Individual investment program of managed accounts. And more... ForexFundOnline founded in 2003 year. All funds invest in different forex funds and financial markets. Increase your income 5-30% per month + Min.investment period one month + Clients keep 70% of the monthly profit + 24/7 access and monitoring your personal account + Fund your account in 12 different currencies + We accept Credit/Debit Card and PayPal, E-gold + Min. trial deposit is $500 + Full control your funds from your side.

We have good results for last years: Investment program 2004 + 126.7% + Investment program 2005 + 95.9% (in currently moment profit grow !!!)

For getting more information visit our website www.ForexFundOnline.com or email: info@forexfundonline.com or speak MSN: ForexFundOnline@hotmail.com Subscribe our news and monthly reports +++ FXFD http://www.FXFD.com Best trading platform 2004,2005 for forex traders and money managers Clients can trade, enter orders, and monitor positions online, 24 hours a day! FXFD spreads are the tightest offered in the Forex market: 2 pips on all the currencies.
 
I am fxtrader.net customer and i open 100$ mini account
I scalp my way to 500$ and withdraw half of that
Now i am waiting to see if money will be wired to my bank account
 
FXTRADER.NET

Website Title: Forex :: FXTrader.NET - The professional Forex Trader - Forex Managed Accounts for private and institutional investors
Meta Description: Forex Managed Accounts Forex Currency Trading Services Forecast Products
IP Address: 65.182.102.19 (ARIN & RIPE IP search)
IP Location: - Virginia - Norfolk - Brinkster Communicatoins Corporation
Name Server: NS1.BRINKSTER.COM
ICANN Registrar: REGISTER.COM, INC.
Created: 2002-12-13
Expires: 2006-12-13

Registrant Info:
Evil Empire Electronics
Forex Forum
38 Wilma Street, Midrand, Gauteng
Pretoria, ZA 0158
ZA
Phone: 823362788
Fax..: none
Email:

Administrative Info:
Evil Empire Electronics
Forex Forum
38 Wilma Street, Midrand, Gauteng
Pretoria, ZA 0158
ZA
Phone: 823362788
Fax..: none
Email:

Technical Info:
Evil Empire Electronics
Forex Forum
38 Wilma Street, Midrand, Gauteng
Pretoria, ZA 0158
ZA
Phone: 823362788
Fax..: none
Email:

Status: Locked

Domain servers in listed order:

NS1.Brinkster.com
NS2.Brinkster.com


BEGINFOREX.COM

Website Title: Begin Forex Trading Learn how to trade the foreign currency markets effectively!
Meta Description: Begin Forex Currency Trading Learn Forex Forecast Techniques - Online Forex Courses
IP Address: 65.182.102.12 (ARIN & RIPE IP search)
IP Location: - Virginia - Norfolk - Brinkster Communicatoins Corporation
Name Server: NS1.BRINKSTER.COM
ICANN Registrar: REGISTER.COM, INC.
Created: 2003-03-05
Expires: 2006-03-05
Status: REGISTRAR-LOCK

Registrant Info:
Evil Empire Electronics
Forex Forum
38 Wilma Street, Midrand, Gauteng
Pretoria, ZA 0158
ZA
Phone: 823362788
Fax..: none
Email:

Administrative Info:
Evil Empire Electronics
Forex Forum
38 Wilma Street, Midrand, Gauteng
Pretoria, ZA 0158
ZA
Phone: 823362788
Fax..: none
Email:

Technical Info:
Evil Empire Electronics
Forex Forum
38 Wilma Street, Midrand, Gauteng
Pretoria, ZA 0158
ZA
Phone: 823362788
Fax..: none
Email:

Status: Locked

Domain servers in listed order:

NS1.Brinkster.com
NS2.Brinkster.com


FOREXFORUM.NET

Website Title: ForexForum.NET - The world's leading Forex Forum
Meta Description: Forex forum resource software and forex forecast trading training - Only active forex traders
IP Address: 65.182.102.20 (ARIN & RIPE IP search)
IP Location: - Virginia - Norfolk - Brinkster Communicatoins Corporation

Name Server: NS1.BRINKSTER.COM NS2.BRINKSTER.COM
ICANN Registrar: REGISTER.COM, INC.
Created: 01-oct-2002
Expires: 01-oct-2006
Status: REGISTRAR-LOCK


Registrant Info:
Evil Empire Electronics
Forex Forum
38 Wilma Street, Midrand, Gauteng
Pretoria, ZA 0158
ZA
Phone: 823362788
Fax..: none
Email:

Administrative Info:
Evil Empire Electronics
Forex Forum
38 Wilma Street, Midrand, Gauteng
Pretoria, ZA 0158
ZA
Phone: 823362788
Fax..: none
Email:

Technical Info:
Evil Empire Electronics
Forex Forum
38 Wilma Street, Midrand, Gauteng
Pretoria, ZA 0158
ZA
Phone: 823362788
Fax..: none
Email:

Status: Locked

Domain servers in listed order:

NS1.Brinkster.com
NS2.Brinkster.com


FXFD.COM

IP Address: 65.182.101.102 (ARIN & RIPE IP search)
IP Location: - Virginia - Norfolk - Brinkster Communicatoins Corporation

Name Server: NS1.BRINKSTER.COM NS2.BRINKSTER.COM
ICANN Registrar: REGISTER.COM, INC.
Created: 07-jun-2005
Expires: 07-jun-2006
Status: REGISTRAR-LOCK

Registrant Info:
Whois Privacy Protection Service, Inc.
Whois Agent
PO Box 841
Yarmouth, NS B5A 4K5
CA
Phone: +1.9027492060
Fax..: +1.9027495405
Email:

Administrative Info:
Whois Privacy Protection Service, Inc.
Whois Agent
PO Box 841
Yarmouth, NS B5A 4K5
CA
Phone: +1.9027492060
Fax..: +1.9027495405
Email:

Technical Info:
Whois Privacy Protection Service, Inc.
Whois Agent
PO Box 841
Yarmouth, NS B5A 4K5
CA
Phone: +1.9027492060
Fax..: +1.9027495405
Email:

Status: Locked

Domain servers in listed order:

NS1.Brinkster.com
NS2.Brinkster.com


FOREXBANKONLINE.COM

Meta Description: forex,bank,asset,money,management,company,exchange,currency,share,equity,stock,market,finance,credit,investment,transfer,transaction,convertation,fund,trader

IP Address: 67.15.54.22 (ARIN & RIPE IP search)
IP Location: - Everyones Internet Inc
Name Server: NS1.SLAVHOST.COM NS2.SLAVHOST.COM
ICANN Registrar: ONLINENIC, INC.
Created: 31-may-2005
Expires: 31-may-2006
Status: REGISTRAR-LOCK


Registrant:
ÀëåêñåéÌàëîâ +7.9058005459
ÀëåêñåéÌàëîâ
Ìèðà,5
Åêàòåðíáóðã,Öåíòðàëüíûé,RUSSIAN FEDERATION 620005


Domain Name:forexbankonline.com
Record last updated at 2005-05-31 19:14:08
Record created on 2005/5/31
Record expired on 2006/5/31


Domain servers in listed order:
ns1.slavhost.com ns2.slavhost.com

Administrator:
Name-- ÀëåêñåéÌàëîâ
EMail-: ( )
tel --: +7.9058005459
org: ÀëåêñåéÌàëîâ
Ìèðà,5
Åêàòåðíáóðã,Öåíòðàëüíûé,RUSSIAN FEDERATION 620005

Technical Contactor:
Name-- ÀëåêñåéÌàëîâ
EMail-: ( )
tel --: +7.9058005459
org: ÀëåêñåéÌàëîâ
Ìèðà,5
Åêàòåðíáóðã,Öåíòðàëüíûé,RUSSIAN FEDERATION 620005

Billing Contactor:
Name-- ÀëåêñåéÌàëîâ
EMail-: ( )
tel --: +7.9058005459
org: ÀëåêñåéÌàëîâ
Ìèðà,5
Åêàòåðíáóðã,Öåíòðàëüíûé,RUSSIAN FEDERATION 620005

Registration Service Provider:
name: Nicsta Corp
tel: +1.6519948509
fax: +1.6519948509
web:http://www.slavhost.ru
 
Yeah, the CEO was on CNBC. Strange looking guy...

emperor.jpg
 
Hm...if it all sounds too good to be true ( leverage of 500, fixed 2 pip spreads, no slippage, negative balance protection, guaranteed stops etc.)....


"There is no greater joy than soaring high on the wings of your dreams, except maybe the joy of watching a dreamer who has nowhere to land but in the ocean of reality. "





Please don't take it personally :D
 
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