Tagged: online game

Merrill Lynch, MERRIL EDGE Investing, MarketPro™ = They are counter party on: BATS |BIDS ATS |NYSE Amex, Arca|Chicago, EDGA, EDGX, ISE Stock Exchange|eBX/LeveL ATS|CBOE C21|Nasdaq Options Market |OMX Phlx.

Pertains to ALL accounts up to and including NASDAQ Level II accounts


The Merril Lynch website is designed to look different than typical trading sites. There’s no Risk Statement link. It actually took over an hour of searching to find what I was looking for- the info that’s normally under “risk statement” or “customer account agreement” – The statement where they inform you about whats really going on.  
They are required to tell you the truth -and they do. It says you cant trust their advice because they are paid to tell you where to invest by the various exchanges and or by the fund/securities provider. They state that they:  Act as the counter party, Purchase holdings against you, act as market makers, profit 100% from acting as the Principle. They advise you to do what will make them the most money- regardless of if its thru your gain or your loss of funds. There’s more-  read below….

Please read the statement below. Warn anyone you know who invests thru Merril Lynch in ANY form at all (mutual funds, securities, stock, all forms of investing)

To follow my path to the information- start here: http://www.ml.com/index.asp?id=7695_15125 scroll to bottom of short page and click  Legal Information.  On that page – scroll down to Routing and Execution Disclosures Made Pursuant to Rules 605 and 606 of SEC Regulation NMS. At the end of the second paragraph of Rule 606 select: “click here” which takes you to this page: Material Aspects of Relationship with Route Venues which I copied to below.

Resource links:

Merrill Edge MarketPro

SEC Rule 606 Reports – Merrill Lynch, Pierce, Fenner & Smith Incorporated

Disclosure Information:

Disclosure Information: Material Aspects of Relationships with Venues to Which Customer Orders are Routed Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”) is a broker-dealer that executes customer orders as agent and/or principal and receives remuneration for performing these execution services. MLPF&S acts as a registered market maker in numerous Nasdaq securities and may execute customer orders in such securities on a principal basis. MLPF&S also may principally commit capital to facilitate customer transactions or serve as the contra-side to customer orders executed internally through one of the alternative trading systems operated by MLPF&S.
Investors should understand that MLPF&S stands to realize 100% of any profits or losses generated when MLPF&S trades as agent and/or principal in respect of customer orders.
Aside from holdings that MLPF&S may acquire from time-to-time as part of its ordinary market making, block positioning, client facilitation and related hedging activities, MLPF&S (or an affiliate under common control) may acquire equity stakes in market centers as part of a strategic investment. In this regard, MLPF&S or an affiliate owns a minority equity investment stake in the following market centers and therefore stands to participate as a shareholder/investor in the profits that each market center realizes in part from the execution of securities transactions, including transactions that may involve orders for the accounts of MLPF&S customers: (i) BATS Exchange, (ii) BIDS ATS, (iii) NYSE Amex, (iv) Chicago Stock Exchange, (v) Direct Edge Holdings (EDGA Exchange, EDGX Exchange and ISE Stock Exchange), (vi) eBX/LeveL ATS, (vii) NYSE Arca, (viii) NYSE Amex, (ix) CBOE C2, (x) Nasdaq Options Market, (xi) Nasdaq OMX Phlx.
Additionally, MLPF&S is affiliated with Merrill Lynch Professional Clearing Corp. (“ML Pro”), which acts as a market maker on certain options exchanges, including the CBOE, CBOE C2, ISE, BATS Exchange, NYSE Arca, NYSE Amex, Nasdaq Options Market and Nasdaq OMX PHLX. Accordingly, MLPF&S may stand to indirectly share in the profits or losses that ML Pro generates by transacting as options market maker, including transactions that may involve orders for the accounts of MLPF&S customers.
MLPF&S routes customer and proprietary orders to national securities exchanges, alternative trading systems, electronic communications networks, and broker-dealers. Based on their fee schedules, certain market centers offer credits for orders that provide liquidity to their books and assess fees for orders that take liquidity from their books. In some cases, the credits offered by a market center to MLPF&S over a period of time may exceed the charges assessed. MLPF&S participates in the options order flow programs sponsored by the NYSE Amex Options, CBOE, ISE, NYSE Arca and PHLX. These exchange-sponsored programs offer payments for listed option orders that are directed to such options markets.

I’m now researching the UK business documents and will post that info in a separate post. Link to the UK data on their website is here:


Comment in Global Wealth Management documents :

Where this communication is sent by a branch of Merrill Lynch International Bank Limited, please note that mutual fund materials are only directed at persons to whom, and are distributed only to persons to whom, unregulated collective investment schemes may be promoted in accordance with the rules of the UK Financial Services Authority, including in particular Rule 3.11 of the Conduct of Business sourcebook (“relevant persons”). Such investments are available only to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such investments will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on these materials. Merrill Lynch does not operate as a banking entity in all jurisdictions.

while its detailing that only the person whom it was sent to is whom can act on the offer- it reveals that the Financial Services Authority in UK allows Unregulated Collective Investment Schemes!

The Financial Services Authority is in charge of Regulating financial services – so why would it permit unregulated activities to be promoted to anyone?




FOREX WARNING BLOG- do u want me to keep writing it? is it helping anyone?

I feel like no one cares. Like I’m wasting my time.

If you want me to keep going than please say so.

My whole goal is to try protect people from getting scammed by the whole change in the FOREX market from real to simulated. While 9 thousand people have visited my blog- most come to try put advertising in the comment sections.

I’ve had maybe 25 real comments. Is that all the real readers I’ve had?

If this blog has helped you- please let me know, Gathering the information takes a lot of time and is pointless if no one is making use of it.


Public Alert: List of Fictitious Governmental Agencies and International Organizations associated with Soliciting Entities

copied from the SEC website

resource link:http://www.sec.gov/investor/oiepauselistfake.htm


U.S. Securities and Exchange Commission

Public Alert: Unregistered Soliciting Entities (PAUSE)

List of Fictitious Governmental Agencies and International Organizations Associated with Soliciting Entities

The SEC receives complaints from investors and others, including foreign securities regulators, about securities solicitations made by entities claiming to offer investments endorsed, approved, or otherwise supported by governmental agencies, including the SEC, or international organizations. The SEC does not “approve” or “endorse” any particular securities, issuers, products, services, professional credentials, firms, or individuals, and does not allow private entities to use its government seal. The SEC’s Office of Investor Education and Advocacy has issued a number of Investor Alerts, available here, on the topic of bogus regulators and SEC impersonators. In many cases, SEC investigation reveals that the so-called governmental agencies or international organizations claimed to have lent support to these solicitations do not exist. In an effort to warn the public about these entities, the SEC is posting the list below. The SEC will regularly update this list.

Additional PAUSE Lists

In addition to the fictitious regulators listed below, the SEC also receives complaints about unregistered soliciting entities and entities impersonating genuine US registered securities firms. You can view a list of these entities by following the separate links listed below.

  • Unregistered Soliciting Entities

This is a list of entities that claim to be registered, licensed and/or located in the United States when in fact they are not registered in the United States


  • Impersonators of Genuine Firms

This is a list of entities that use a name that is the same as, or similar to, the name of a US registered securities firm, notwithstanding the fact that the soliciting persons are not affiliated with a US registered securities firm.

You should be aware that these lists do not include all unregistered entities, impersonators of genuine firms, fake regulators, or entities that have been the subject of complaints received by the SEC. Also, you should understand that the inclusion of a name on these lists does not mean that the SEC has concluded that a violation of the US securities laws has occurred or that the SEC has made any judgment about the merits of the securities being offered by these entities. You can view the official SEC release describing and providing more details about this list. If you have information, questions or comments about the entities on this list, please contact oiea@sec.gov or call 202-551-6551.

Name Comment


American Financial Group
Ten G Street NE, 6th Floor
Washington, DC 20002
Website: http://amfigroup.com/


Chicago Trading Regulatory Board
901-905 North Michigan, Suite 565
Chicago, IL 60611
Website: http://ctrb.us/
Center for Securities Investigation Department
324 W. Main St.
Brighton, MI 48116
Phone: 810-852-1701
Fax: 810-852-1702
Central Stock Regulators
3200 West End Avenue
Nashville, TN 37203
Phone: 615-349-9977
Fax: 615-250-4897
Commission on International Trade and Economics (COITE)
Phone: 205-258-3060
Fax: 888-846-8271
E-mail: coite@revenue.com


Department of Law and Public Safety
Office of the Public Defenders
Hughes Justice Complex, 1st Floor, N-Wing
25 Market Street, P.O. Box 850
Trenton, NJ 08625
Phone: 609–284–9603
Fax: 609–228–5356
Department of Securities Trading
745 19th Street Northwest
Washington, DC 20431
Website: http://gov.depst.org/, http://depst.us
Division of Securities for the District of Columbia (DOSDC)
Phone: 202-596-3591
Fax: 202-330-5156
E-mail: hotline@dosdc.org
No website or address provided in documents.
  1. The Division of Securities for the District of Columbia (DOSDC) is impersonating the genuine Securities Bureau of the Department of Insurance, Securities & Banking (DISB) located at 810 First Street, N.E., Suite 622, Washington, DC 20002. The impersonator has NO connection with, and is not to be confused with, the genuine Securities Bureau of the Department of Insurance, Securities & Banking (DISB) of the District of Columbia.


Equities Trading Commission
1800 K Street Northwest, #530
Washington, DC 20006
Phone: 202-249-7490
Fax: 202-318-8716
Website: http://gov.eqtc.us/


842 Vermont Avenue
Northwest, Washington, DC
Phone: 202-688-5985
Fax: 202-403-3289


Federal Division Of Securities, NY
176 Pearl Street
New York, NY 10005
Phone: 212-542-8755
Fax: 212-409-8391
Website: http://fdsus.org/
Federal Recapitalization Fund
77 Water Street
New York, NY 10005
Phone: 212-381-1810
Website: http://www.fedrecap-gov.us/
Federal Securities and Investments Regulatory Commission (FSIRC)
915 Second Avenue, Suite 2110
Seattle, WA
Website: http://www.fsirc.org/ (The website is no longer accessible.)
Federal Securities Commission
78 State Street
Albany, NY 12207-2002
Phone: 518-618-1020
Fax: 518-677-1836
Website: http://us-fsc.org/
Federal Securities Regulatory Agency
Henry M. Jackson Federal Building, 27th Floor
915 2nd Avenue
Seattle, WA 98104
Phone: 202-747-7823
Fax: 202-478-1738
Website: http://fsraonline.org/ and http://fsra-protect.org/
(The websites are no longer accessible.)
Financial Securities and Equities Bureau (FSEB)
2nd Street, SW and D Street, SW
Washington, DC 20024
Phone: 202-461-3251
Website: http://www.fsaeb.us/


Global Compliance Agency
201 S. College St.
Charlotte, NC 28244
Phone: 704-817-0614
Fax: 704-817-0615
Global Investments Compliance Center
5005 Rockside Road
Independence, OH 44131
Phone: 216-220-1600
Fax: 216-220-1601
Global Securities Protection Agency
41 Marietta Street
Atlanta, GA 30303
Phone: 678-954-0522
Fax: 678-954-0523


International Association of Transfer Agents
30 Wall Street
New York, NY 10005
International Board of Mergers & Acquisitions
433 North 6th Street
Philadelphia, PA 19123
Phone: 215-475-5894
Fax: 215-701-2491
Website: http://gov.ibma.us/
International Commission of Securities
600 Superior Avenue East
Fifth Third Building Suite 1300
Cleveland, OH 44114
Phone: 440-869-9952
Fax: 440-848-2305
  1. Onsite inspections conducted over the past year by the Ohio Division of Securities found that no regulatory agency was located at the address given for this entity.
International Equities Administrators
5865 Ridgeway Center Parkway, Suite 350
Memphis, TN 38120
Phone: 901-896-0327
Fax: 901-339-0522
International Exchange Commission
190 High Street
Boston, MA 02110
Phone: 617-861-4470
Fax: 617-861-4458
Website: http://iecnet.org/
International Exchange Commission
545 8th Avenue, Suite 501
New York, NY 10018
Phone: 212-330-0995
Fax: 212-465-3392
Website: http://www.iecommission.org/
International Financial Trading Commission
1091 Vermont Avenue, NW
Washington, DC 20005
Phone: 202-595-2867, 202-534-3926
Fax: 202-403-3289
Website: http://gov.intftc.org/
International Fraud Alert
Phone: 202-455-0973
Washington D.C.
Website: http://www.internationalfraudalert.org
International Information Exchange
775 15th St. NW, Suite 500
Washington, DC 20005
Phone: 202-263-1950
Fax: 202-263-1951
Website: http://theiie.net/
International Investor Protection Coalition, a.k.a. IIP Coalition
Lexington Avenue and E. 54th Street
New York, NY 10010
Phone: 212-542-9171
Website: http://iipcoalition.org
International Organization of Registrar and Clearing Agents (IORACA)
One Post Street, Suite 1830
San Francisco, CA 94104
Website: http://www.ioraca-gov.org/
International Securities Accreditation Authority
30 E. Broadway
Salt Lake City, UT 84111
Phone: 801-618-2100
Fax: 801-618-2119
International Securities Administrators
312 Walnut Street, Suite 1500
Cincinnati, OH 45202
Phone: 513-297-1593
Fax: 513-672-2308
International Securities Authority
622 Pennsylvania Avenue Northwest
Washington, DC
Phone: 202-360-4613
Fax: 202-403-3289
Website: http://gov.intseca.org/
International Securities and Equities Board
1441 L Street N.W
Washington, D.C. 20005
Phone: 202-552-1506
Fax: 202-315-3628
Website: http://gov.iseb.us/
International Shareholders Compliance Department
500 N. Michigan Ave., Suite 320
Chicago, Il 60611
Phone: 312-281-0329
Fax: 312-276-4752
International Stock Transfer Administration (ISTA)
8025 Corporate Drive
Nottingham, MD 21236
Phone: 443-320-1009
Fax: 410-630-3545
Website: http://gov.stocktransfer.org/


New York Securities Division
Federal Office Building
205 Varick Street
New York, NY 10014
Website: http://us-nysd.org/


Offshore Securities Commission
295 Greenwich Street (Wall Street)
New York, NY 10007
Phone: 212-918-8572
Website: http://www.offshoresecuritiescommission-gov.us


Pennsylvania Division of Securities
1 South Broad Street, #552-A
Philadelphia, PA 19107
Phone: 484-748-0028
Fax: 484-223-3044
Website: http://dospa.org/


Securities Administration
605 University Street
Seattle, WA 98101-4112
Phone: 206-395-2023
Fax: 206-299-9916
Website: http://www.stocktransfers.us (The website is no longer accessible.)
Securities and Financial Commission (SFC)
735 3rd Avenue
Seattle, WA 98104-1802
Phone: 206-801-3381
Fax: 206-299-9494
Website: http://gov.secfc.com
Securities and Investments Disputes Agency
2 Prudential Plaza
180 Stetson Avenue
Chicago, Illinois
Phone: 312-465-1131
Website: http://www.SIDAinternational.org
Securities Regulation, Protection and Litigation Agency
101 Madison Avenue
New York, NY 10016
Phone: 646-918-5136
Fax: 206-299-3723
Website: http://srpla.org/
Securities Trading Board
842 Vermont Avenue NW
Washington, DC 20005
Phone: 202-688-5985
Fax: 202-403-3289
Website: http://gov.sectb.org/
Securities Trading Commission
1110 Connecticut Avenue NW
Washington, DC 20036
Phone: 202-204-2310
Fax: 202-330-5349
Website: http://gov.sectco.us/
State Securities Commission
1300 Connecticut Avenue, NW, #520
Washington, DC 20036-1709
Phone: 202-600-2944
Fax: 202-315-3692, 206-238-6266
Website: http://statesec.org/


U.S. District Court of Arbitration
Federal Office Building
90 Church Street
New York, NY 10007
Phone: 917-546-7307
Fax: 917-591-8309
E-mail: helpdesk@dcoany.us
U.S. International Bureau for Trading
1101 30th Street, NW, Suite 500
Washington, DC 20007
Phone: 202-470-4047
Website: http://www.usibtrading.org/
U.S. Regulatory Securities Agency
1025 Connecticut Avenue, NW, Suite 1000
Washington, DC 20036
Phone: 202-470-5470
Website: http://www.usregsec.org
US Shareholders Registry Department
240 Woodrow Street
Chester, PA 19013
Phone: 484-694-9433
Fax: 484-694-9433
Website: http://www.us-srd.us/
United States Federal Court of Arbitration
Federal Office Building
201 Varick Street
New York, NY 10014
Phone: 646-616-7551
Fax: 646-514-0670
Website: http://fcoaus.org/
United States Investment Dealers Organization (USIDO)
1644 Murfreesboro
Nashville, TN 37217
Phone/Fax: 615-528-7875
Email: info@usidealers.org


United States Investment Dealers
1311 S. Burnside Avenue
Gonzales, LA 70737
Phone/Fax: 225-410-9219
Website: http://usidealers.org/

United States Regulators and Administration Commission
72 Mt. Vernon Street
Boston, MA


160 Cambridge Street
Boston, MA
Fax: 617-830-8864
Website: http://gov.therac.us/

United States Securities and Acquisitions Administration
1120-1152 20th Street, NW, 38B, 3rd Floor
Washington, DC 20036
Phone: 202-618-9054
Fax: 202-318-8613
Website: http://www.gov.ussaa.us
United States Securities and Investments Commission
Website: http://www.ussicommission.org
United States Securities Regulatory Commision (sic)
2001 L Street NW
Washington, DC 20036
Website: http://gov.ussrc.us/
United States Settlement and Claims Commission a.k.a. Settlement Claims Commission (SCC)
125 North Madison Street
Stockton, CA 95201-9005
Phone: 209-751-4458
Fax: 209-751-4501
Website: http://www.scc-us.org/
(The former website http://scc-gov.org/ is no longer accessible. However, the current website is accessible.)

To view the SEC’s Data Quality Guidelines, click [http://www.sec.gov/about/dataqualityguide.htm].



Investor Alerts and Bulletins by Date (Main Page)/(Topical)


2013  2012  2011  2010  2006-2009


Understanding Margin Accounts (August 2013)

Ponzi Schemes Using Virtual Currencies (July 2013)

Interest Rate Risk — When Interest Rates Go Up, Prices of Fixed-Rate Bonds Fall (June 2013)

Beware Investment Offers Implying SEC Endorsement (June 2013)

Don’t Trade on Pump-And-Dump Stock Emails (June 2013)

Binary Options and Fraud (June 2013)

What Are High-yield Corporate Bonds? (June 2013)

What Are Corporate Bonds? (June 2013)

SEC Warns of Bogus Securities Regulators Soliciting Investors (May 2013)

Pension or Settlement Income Streams (May 2013)

Private Oil and Gas Offerings (May 2013)

SEC Warns of Government Impersonators (Updated) (April 2013)

How to Read a Mutual Fund Shareholder Report (April 2013)

Custody of Your Investment Assets (March 2013)

Insider Transactions and Forms 3, 4, and 5 (February 2013)

Investing in an IPO (February 2013)

Municipal Bonds – Understanding Credit Risk (December 2012)

13 Things Everyone Should Know About Investing (December 2012)

Year-End Investment Considerations for Individual Investors (December 2012)

Be on the Lookout for Investment Scams Related to Hurricane Sandy (November 2012)

Hedge Funds (October 2012)

How to Read Confirmation Statements (September 2012)

Lost and Stolen Securities (September 2012)

Affinity Fraud (September 2012)

Top Tips for Selecting a Financial Professional (September 2012)

American Depositary Receipts (August 2012)

ETFs (August 2012)

International Investing (July 2012)

New Measures to Address Market Volatility (July 2012)

Municipal Bonds (June 2012)

DTC Chills and Freezes (May 2012)

How to Read an 8-K (May 2012)

Trading Suspensions (Updated) (May 2012)

Social Media and Investing-Tips for Seniors (May 2012)

CMKM Diamonds Investors (April 2012 – Updated)

Pre-IPO Investment Scams (April 2012)

Voting in Annual Shareholder Meetings – What’s New in 2012 (March 2012)

SEC Warns of Government Impersonators (February 2012)

Social Media and Investing – Avoiding Fraud (January 2012)

Social Media and Investing – Understanding Your Accounts (January 2012)

12 Saving and Investing Tips for 2012 (December 2011)

Transition of Mid-Sized Investment Advisers from Federal to State Registration (December 2011)

Real Estate Investment Trusts (REITs) (December 2011)

Investment Seminars – Trading Seminar Fraud (October 2011)

The Foreign Corrupt Practices Act – Prohibition of the Payment of Bribes to Foreign Officials (October 2011)

How to Read a 10-K (September 2011)

Self-Directed IRAs and the Risk of Fraud (September 2011)

Investor Warning Regarding Possible Advance Fee Fraud Targeting Deaf Investors (August 2011 – Updated)

New Stock-by-Stock Circuit Breakers (August 2011 – Updated)

Foreign Currency Exchange (Forex) Trading for Individual Investors (July 2011)

Auction Rate Securities (July 2011 – Updated)

Cobell Indian Trust Settlement Payout Recipients – Be on the Lookout for Investment Scams (July 2011)

Early Retirement Seminars: Smart Tips for Spotting Retirement Scams (June 2011)

Structured Notes with Principal Protection: Note the Terms of Your Investment (June 2011)

Reverse Mergers (June 2011)

Indexed Annuities (April 2011)

Information for Stanford Investors (June 2011 – Updated)

Spotlight on Proxy Matters (June 2011 – Updated)

Trading Suspensions (June 2011)

After-Hours Trading (May 2011)

Say on Pay and Golden Parachute Votes (March 2011)

Trading Basics (March 2011)

Pre-IPO Investment Scams (March 2011)

Margin Rules for Day Trading (February 2011)

New Rules Give Customers Option of All Public Arbitration Panels (February 2011)

Money Market Funds: Staff Responses to Questions about Information Filed on Form N-MFP (January 2011)

Trading in Cash Accounts (January 2011)

Life Settlements (January 2011)

Top 11 Tips for 2011 (January 2011)

Investor Warning Regarding Web-Based Scheme Defrauding Deaf Investors (October 2010)

BP Payout Recipients: Be on the Lookout for Investment Scams (October 2010)

Investors Beware of Government Impersonators (October 2010)

Focus on Municipal Bonds (September 2010)

Trading in Stock After an SEC Trading Suspension — Be Aware of the Risks (August 2010)

Analyzing Analyst Recommendations (August 2010)

Amendments to Form ADV – New Disclosure Requirements for Investment Advisers (July 2010)

New Rule to Curb “Pay to Play” Practices (July 2010)

New Rules Improving Municipal Disclosure (June 2010)

Oil Spill Stock Scams—Don’t Get Cleaned Out by False Cleanup Claims (May 2010)

Investors Beware of Entity Calling Itself “U.S. Securities and Equities Administration” (May 2010)

Target Date Retirement Funds (May 2010)

Investor Warning Relating to Eric V. Bartoli, Enrico Orlandini, and DT Analysis a/k/a and Dow Theory Analysis SAC (April 2010)

Focus on Money Market Funds (April 2010)

Keeping Track of Your Investments – New Rules on Custody (April 2010)

SEC Investor Alert on Phony SIPC “Look-Alike” Website Targeting Madoff Victims (March 2010)

Information for Reserve Primary Fund Investors (January 2010 – Updated)

Information Concerning Malaysian Restitution Fund for SwissCash Investors (December 2009)

SIPC Exposes Phony “Look-Alike” Web Site (December 2009)

SEC-FINRA Investor Alert on Leveraged and Inverse ETFs (August 2009)

Prime Bank Fraud Information Center (June 2009)

Investor Alert for Stanford Investors (April 2009)

Financial Navigating in the Current Economy (December 2008)

Hedge Funds: Investor Alert from FINRA (October 2008)

Subordination Agreements — Understand the Risks (FINRA Alert) (October 2008)

Affinity Fraud: How To Avoid Investment Scams That Target Groups (September 2006)


8/19/13 FXCM chart scale differences for each pair deludes people: proof

Ever opened a contract with an auto limit in place and it showed up close with one pair but far away for another- and wondered why- its all part of the game. People are visual. FXCM knows – if it looks the same people will think its the same and confidently place an order.  Before you place a big order- place one for a single tiny contract to verify how far away 12 pips really is. The closer 12 pips appears to the position- the more money you will make.

proof: I opened positions in 8 pairs and this shows where the limit showed up in the same screen view for all 8.


click on chart picture twice to see full size in a new screen


chart flaw fxcm


July 2013- what your NOT being told: THE FOREIGN EXCHANGEX is becoming a SIMULATED MARKET. (gameing platform)

copied from the investopedia website which is partnered with FXCM!

resource link: http://www.investopedia.com/terms/f/foreign-exchange.asp


I checked today to see if there has been any progress in how well the public is being informed about the true nature of “forex” trading. Namely that it is now simulated (fake) trading for all accounts holding less than 10 million dollars.

Instead of progress- they are hiding it down deeper- However some of the previous misleading definitions are still posted on Investopedia.

What is noticeably missing is mention of on vs off exchange currency. They have started top vanish the old meaning of foreign exchange from the foreign exchange its self. All while not telling the public anything!

People FOREIGN EXCHANGE TRADING is no longer real. Its an ONLINE GAMING PLATFORM, Your not trading against other people- your trading against a computer program. A program the broker is able to manipulate as needed to make sure you loose your money. Read the fine print on your trading agreement- you agreed to them doing it! 


Definition of ‘Forex – FX’
The market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world.

Investopedia explains ‘Forex – FX’
There is no central marketplace for currency exchange; trade is conducted over the counter. The forex market is open 24 hours a day, five days a week and currencies are traded worldwide among the major financial centers of London, New York, Tokyo, Zürich, Frankfurt, Hong Kong, Singapore, Paris and Sydney.

The forex is the largest market in the world in terms of the total cash value traded, and any person, firm or country may participate in this market.
Definition of ‘Forex Market’
The market in which participants are able to buy, sell, exchange and speculate on currencies. The forex markets is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors. The currency market is considered to be the largest financial market in the world, processing trillions of dollars worth of transactions each day.

Investopedia explains ‘Forex Market’

The foreign exchange markets isn’t dominated by a single market exchange, but involves a global network of computers and brokers from around the world. Central banks use their massive buying and selling capabilities to alter exchange rates through their open market activities and in many cases will do so not with profit in mind, but rather for any number of policy reasons. Forex brokers act as market makers as well, and may post bid and ask prices for a currency pair that differs from the most competitive bid in the market.

Definition of ‘Foreign Exchange Market’
The market in which participants are able to buy, sell, exchange and speculate on currencies. Foreign exchange markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors. The forex market is considered to be the largest financial market in the world.

Investopedia explains ‘Foreign Exchange Market’

Because the currency markets are large and liquid, they are believed to be the most efficient financial markets. It is important to realize that the foreign exchange market is not a single exchange, but is constructed of a global network of computers that connects participants from all parts of the world.

___________________________________________________________________This is all such BULL! Participants are connected to brokers gaming platforms. End of story. WHY DOESNT IT TELL THE TRUTH????   ITS A SIMULATED MARKET ENVIRONMENT!!! 


It’s been a couple weeks since I filed complaints with every branch of the trade industry and consumer protection agencies (6 total) and there has been no results. I have to consider that the level of corruption goes up higher than I thought- involving not just the NSA but also the CFTC. 

Not even the American Gaming Association has reacted to the fact that forex trading platforms- upon becoming self contained systems- became legally a “Gambling Machine” or a tool for “Online Gaming” – both of which fall under their jurisdiction.

CNN replied with a “thanks for your story” but no action has followed. The Attorney General said the CFTC has to address it before they can.  I thought there was nothing more I could do- then ***ping! Duh! This is a federal crime happening on a national level- federal crime = FBI

I think it’s pretty pathetic for just 1 person …. me…. to be fighting so hard to stop something that doesn’t even affect me. I’m doing this to try stop you- the person reading this that does trade “forex” from being ripped off.

People- it’s time for YOU to do your part- COMPLAIN TO THE FBI  ask your broker questions- demand to know if your trading against a computer program. Ask them if your orders are called out- pooled and submitted to anywhere at all- or is it like that blogger says- all my orders are processed right on the platform. Ask them how many platforms are supervised per employee. And are they allowed to alter or adjust the contract price after the transaction has been completed? FIGHT BACK!!

Most importantly- ask to see the companies financial report- the page that shows how much was paid out to customers in 2012.  I noticed a few days ago that on all these financial reports- there’s no line that shows how much was withdrawn by customers that was in excess of what the put into the account. WHERE DOES IT SHOW PROFITS PAID OUT 

Why is that…… oh… I know……………………………………. there aren’t any.  


White-collar crime is financially-motivated nonviolent crime committed for illegal monetary gain.


Within criminology, it was first defined by sociologist Edwin Sutherland in 1939 as “a crime committed by a person of respectability and high social status in the course of his occupation“.


The FBI has adopted the narrow approach, defining white-collar crime as “those illegal acts which are characterized by deceit, concealment, or violation of trust and which are not dependent upon the application or threat of physical force or violence” ____________________________________________________________

  1. Attempt and conspirac
  2. Material involving sexual exploitation of minors
  3. Mail fraud – frauds and swindles
  4. Bank fraud
  5. Prohibition of illegal gambling businesses


Some forms of corruption—-now called “institutional corruption”[2]—-are distinguished from bribery and other kinds of obvious personal gain. Campaign contributions are the prime example. Even when they are legal, and do not constitute a quid pro quo, they have a tendency to bias the process in favor of special interests, and undermine public confidence in the political institution. They corrupt the institution without individual members being corrupt themselves. A similar problem of corruption arises in any institution that depends on financial support from people who have interests that may conflict with the primary purpose of the institution.