I am going to share with you this high profile forex broker, Avafx whether it's scam or not. Enjoy my review and rantings!
The Avafx/forexbastard scam is one of the most debated issues that were posted over the internet in the past couple of years. The root of the story is the three key players of the forex market Avafx, FX solutions and the Forexbastard company. The founder of the avafx is David Cohen, the old forex veteran who started his first steps in Wal Street in the early 60s. Before David had started avafx, he co – worked with Felix and started the FX solutions on 2001, five years before David started avafx.
People stated that in this avafx/forexbastard scam is that these three are connected to each other and are only operating for their own profit and not for the investors’ beneficial. After that the three sides of the triangle separated and every one of them was working for his own but people still connected them all together.
While people still think about the connection between the three entities, the three companies possess a huge portion of the forex market over the internet. The FX solutions company was registered in the United States and managed by Felix, avafx is registered in the British Virgin Islands and managed by David Cohen and finally Forexbastards changed its name into Forex Peace Army and it is specialized in providing reviews for the different forex brokers operating via the Internet.
Another opinion is postulating that the avafx/forexbastards scam is just a response from those competitor concerned about the affiliation between avafx, FX solution and forexpeacearmy. In other words, the affiliation between these three entities made the other brokers in the market very jealous and they launched an “attack” just to affect their success.
When you search for avafx through the major search engines, you will find several cases and reports linking this company to FX solution and claim that both of them are managed by the same people. These reports also claim that both companies have unclear activities in canceling customers’ accounts and subtracting all their profits without releasing it to them.
Some customers had problems withdrawing their funds from the accounts. On the other hand, there are lots of customers who tried trading with avafx and they were highly satisfied with the service. Those customers are also posting their reviews and claiming this avafx/forexbastards scam thing is not true and that the company is trustworthy.
Both opinions are claiming each others as liars and both of them are accusing each other of being affiliates to competing broker companies. The only way to make sure which opinion is right is by trying the service with a little amount of money just to test the water and see if everything going ok or not.
When the opinions are highly contradicting each other, the investor should go in and check with his own eyes. Read this avafx scam review post to know more.
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The title says it all... keep reading if you want to know whether you can rely on this broker or not.
1 Response to Avafx & Forexbastards Scam Revealed
thierry
June 24th, 2010 at 6:15 am
Bonjour,
Je pense que votre blogue n’est pas mieux, soit parce que vous tarvaillez chez eux, soit parce que votre chiffre d’affaire dépend de l’affiliation.
En vous lisant et en regardant les categories du blog, on peut s’apperçevoir que vous êtes pour avafx.
Une véritable information est faite par une personne neutre qui n’offre pas de souscrire chez avafx ni chez personne d’autre.
Hello
I think your blog is not better, or because you tarvaillez home, or because your turnover depends on affiliation.
By reading and watching the categories in the blog, we can perceive that you are for AVAFX.
A true information is made by a neutral person who does not subscribe to AVAFX nor in anyone else.