"I have received an email indicating that HongKong Co. LTD is totally scam and FPA is
warning us in this mail from this broker and as usual FPA publishing their propaganda in Forex Market in order to provoke brokers and vendors and to make unbeatable trap for traders which is their totally wrong signals that hundreds of traders lose their accounts because of it"
HongKong Forex
"Hong Kong Forex Co. Ltd is hereby blacklisted by the Forex Peace Army"
This is the usual Statement that so called soldiers of Forex Peace Army used to say about any broker, which is usually patent.
This Felix doesn't let anyone on his own; he seems fighting success, The Enemy of Success!
As he promised traders to show them the real face of brokers, which is according to him just scam, he recently accuses
HongKong Forex of being scam. There in FPA reviews exist the trivial causes he claims this broker of being scam.
First of all, he says that it is "disappeared", but how and their website still exists and working! And there is activation of accounts there.
Then, he claims a fake name of traders who have traded there and lost their money. Their names are "Michael 123, Greg333, lppjp, Ralph08, and fieds83". Certainly, they are fake names cause if really real, so he should mention their real names to make it more reasonable.
Felix calls this broker "fraudsters" and claims that their regulatory is fake and don't exist and, moreover he says that the website where their regulation exists, Financial Services Regulatory Association, is also fake. And this actually put them under the estimate of bei ng Scams, according to Felix.
All the above is the picture that Felix and FPA want to make people see and believe as well.
But to think logically we can see that this broker achieves great success in FOREX that makes them operate six branches. It is also licensed by Hong Kong Securities and Futures Commission. Their website is active and exists, the total opposite to what Felix claims of being disappeared.
The real reason behind Felix's scams on HongKong Forex is that he wanted to make an agreement with them but it proved to be a failure. He wanted Asian leads, so the agreement was to take signals from him and give him leads. But they couldn't agree to the terms of types of and percentage of commissions. And so this pushes Felix to provoke them and make commissions scams on them.