- Report: #1058131
Report - Rebuttal - Arbitrate
Complaint Review: Boston Technologies
Boston Technologies280 Summer Street, 9th Floor Boston, Massachusetts USA
Boston Technologies MAJOR FRAUD, MAJOR SCAM, BEWARE Boston Massachusetts
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BOSTON TECHNOLOGIES SCAM - FRAUD AKA TRADEX
Here's a scam from a forex broker company TRADEX FX.
Here's how it works:
You open an account with them.
You start trading.(placing orders)
You lose money -- the make money off commissions.
You place an order that can makes you a substantial amount of money.....YOU GET SHAFTED. They will CANCEL your order if it's about to make money. [continued below]....
WHY? you may ask. Because if you make money...they lose money. Its that simple. I'm not talking about a measly 10 pips here and there, i mean 30+ pips.
I didn't know this at first, but when i started seeing canceled trades worth 4-600 bucks because of their cancellations, i was not impressed.
On top of it, they mask these cancellations as part of a system designed to 'help' you so that you don't lose all your money in case you placed a bad order.
Bottom line, if you value your money and you're in(or going into) the Forex market, i highly recommend shopping around for a good broker.
TRADEX FX is not a good broker, they will cancel your orders when they feel like it. Dont use TRADEX FX.
As for me, i learned my lesson and i wanted to share with anyone that's interested.
This report was posted on Ripoff Report on 06/11/2013 04:34 AM and is a permanent record located here: http://www.ripoffreport.com/r/Boston-Technologies/Boston-Massachusetts-02210/Boston-Technologies-MAJOR-FRAUD-MAJOR-SCAM-BEWARE-Boston-Massachusetts-1058131. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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