Source: Forex Peace Army Official Google Site Early History of Forex Peace Army In 2005, Dmitri Chavkerov started a website called Forex peace army reza-Forex-Trading-System. On this website, Dmitri listed quite a few different forex-related companies that he was involved with. He shared his experience with each of those companies and personally ranked them from 1 to 5 stars.
The Middle Ages of Forex Peace Army As the website grew, he decided to do something bigger with it, plus the domain name was a little too amateurish. In January of 2006, Dmitri Chavkerov bought a domain forexbastards. The reviews section of the website was upgraded in such a way that readers could submit their own reviews and ratings for all the different forex-related websites listed. In 2005-2006, forex was more like the Wild Wild West than a place to invest money. Most forex brokers that are big names now and that are regulated were not regulated in 2005-2006. Many brokers committed all kinds of fraud against forex traders to take their money away.
Another common fraud was done by a large percentage of forex education and forex signals websites using deceptive advertising. The most common problem was that these sites would promise something attractive on a sales page and back it up with a refund policy. After a client bought the product and saw that what they received was inferior to what was promised to them, they would try ask for a refund. Forex Peace Army Today Many companies still commit frauds like this now, but the percentage of them is much smaller than it was back in 2005-2006. Forex regulators have improved and Dmitri’s website warns smart currency traders away from many scams. In November of 2007, instead of just labeling the companies as SCAMs based on undocumented claims by traders, Dmitri decided to begin making scam investigations more consistent.
The mission was also expanded to help try to resolve issues between forex traders and forex companies, with the hope that some companies could be improved. The FPA can’t take credit for all of them. Some were shut down by regulators. Others, Forex Peace Army only found out about after the company closed down. Most of the rest went out of business because traders were warned to keep from sending money to them. Forex Peace Army now lists over 3000 forex websites.
It is the largest and best collection of human-moderated forex reviews anywhere in the world. Forex Peace Army also has forums, featuring a large amount of educational material. The FPA also decided to stop wondering which EAs, Forex Signals, and Forex Managed Accounts Services really worked. With Performance Testing showing unfiltered results directly from the broker, it’s easy to see which forex services live up to their claims of profitability. There’s also a low-latency forex news calendar and a growing array of other tools for traders. The Future of Forex Peace Army The FPA is constantly striving to improve.
Screening for reviews has taken huge leaps forward. Performance Testing continues to be improved. Even now, new tools for Forex Peace Army members to use in their trading are under development. September 2016: The Ontario Securities Commission has charged Reza Mokhtarian with criminal fraud. February 2016: Based on 4 FPA Traders Court guilty votes as well as the wide assortment of threats Reza has made against the FPA and its employees, the FPA now considers Capital Trust Markets to be a scam and Reza Mokhtarian to be a scammer. The FPA strongly recommends against doing business with any company associated with CTM or Reza Mohktarian.
If you choose to keep it there I will create 100 sites, SEO them with power beyond power and have my 5,000,000 global followers each create review sites and blogs and do exactly what you are doing to me. This is just one of several threats he made againts the FPA. Later, he threatened to hire a hacker group. CLICK HERE to see more of Reza Mokhtarian’s threats. Reza Mokhtarian, CEO of Capital Trust Markets, claims that he “accidentally” inspired you to find all information on FPA employees and to take the FPA’s database. The FPA invites the evil superhackers to use the Contact Us link at the bottom of the page.
If you are real and are not a figment of Reza Mokhtarian’s imagination, we’re sure you’ll be happy to prove your skills by getting in touch and answering a few simple questions. Deregistration from the Financial Services Provider registry was initiated on April 16, 2015. If the application is approved, it should resolve the issue in note 1. The CEO of Capital Trust Markets tells the FPA he anticipates the acceptance of this application very soon. If you cannot withdraw your funds, the FPA recommends you file complaints with the authorities. UK Clients may also complaint to Action Fraud.
US Clients may also complain to the CFTC. May 2015: There is now an FPA Traders Court guilty vote against this company. The FPA considers this to be another reason for clients to test their ability to withdraw money from Capital Trust Markets. August 2015: There is a second FPA Traders Court guilty vote against this company. February 2016: There are two more FPA Traders Court guilty against this company. Capital Trust Markets or any company associated with it unless all of these issues are resolved.