ForInvests.net is now nominated for Scam Broker

[ngviethoa]

We've seen a lot of cases of brokers misbehaving. Among all those bad brokers, the ForInvest Group has gone to great efforts to stand out.

FPA member RahmanSL asked about ForInvest in the FPA's forums. He wanted to get in touch with someone who won a trading contest there, and said he couldn't get any answer when he wrote to ForInvests about this. A new member of the FPA identified himself as Swiss-Advisor. He claimed to be a happy client of the ForInvests group and posted emails and quotes from their website. When RahmanSL asked for documentation of the “Broker of the Year 2009” claim made on the ForInvest website and in one of Swiss-Advisor's posts, his reply was...

Quote:
RahmanSL,
Who cares of what u r thinking??!!
Ive told everybody, if I find a better broker i will go there,
But for now, Iam with the best available broker, ForInvest Group.
If u dont like us dealing with forinvest, so gives a ****,
take or leasve it.
unless u tell me whats ur favorite company, maybe that broker u keep promoting for in all websites,, shaaaaame!!!!

[ngviethoa]

He further tried to insult RahmenSL (a Malaysian) by calling him “Malawayan guy”.

The discussion grew more heated, with more FPA members joining in. Another account using the name KingSO was created and claimed to be from another happy client. Another FPA member who had been ready to open an account reported that when he tried to fund his account via PayPal, he got an error saying that ForInvest's PalPal account could not receive money at that time. He contacted ForInvest and says they told him that PayPal had a new policy that it could not be used by any broker. A second FPA member who had been defending ForInvests also claimed...

Quote:
PAYPAL NO LONGER TAKE DEP, WITH DRAWS FOR THE FOREX. PayPal changed it's Forex policy and now no Forex company can receive funds via PayPal . THAT IS TRUE as of last week

[ngviethoa]

FPA senior member Pharaoh contacted a US broker that takes PayPal. They claimed no knowledge of this. He then contacted PayPal directly. They said that there was no such policy. The truth is that individual companies can gain or lose the ability to use PayPal.

Swiss-Advisor rejoined the conversation and ignored the incorrect info reported by customers over PayPal as well as the undocumented Broker of the Year claim. Instead, he accused Pharaoh of promoting an unnamed broker. We can't recall Pharaoh ever saying anything good about any broker. He also posted some more advertising material for ForInvests.

The FPA's AsstModerator got a complaint from a review moderator about fake reviews coming in for ForInvests.net from Jordan. He checked. Swiss-Advisor, KingSO, and the fake reviews were all from the same location in Jordan. He locked down the KingSO account and told Swiss-Advisor to explain himself and answer some questions. Swiss-Advisor was then replaced by MarkZ, who admitted to being a ForInvests.net representative.

MarkZ finally explained the lack of current FINMA regulation by stating...

Quote:
No more 'Swiss anything", Swiss stuff does not meet company's future expansion.Just to tell that; all swiss licences are fake,
Swiss regulations are fake regarding forex, its all about to pay the fees and the tax , and be MLA affiliated, otherwise, you can do whatever to your clients, even if you liquidate them all and got their money out, its ok as long as you the tax!!!