Forex Bastards
October 4, 2007
I’ve recently stumbled upon the website known as ForexBastards.com, a neatly laid out webspace dedicated to letting users rate and review Forex Programs, Forex Indicators, Forex Brokers, and pretty much anything related to Forex you can think of. According to Forex Bastards, the most popular and the highest rated Forex Indicator services are ForexDiamdonds.com, Secret Forex Society, Secret News Weapon. Whether he makes no secret of it or not, its quite obvious there is the same person behind all of these sites including this site Forex Bastards which is rating them so high.
Now, based soley on the numerous reviews that were given to Forex Diamonds on Forex Bastards, I was moments away from ordering this service for $300 a month. Besides, with what the reviews said and the program touts, I’d be making killer deals all the time which would easily cover the $299/month membership fee to his special chat room.
Forex Diamonds is definitely unique from any Forex Indicator service I’ve tried to sign up for and I immediately thought SCAM, rightfully so or not. Here’s why. If you have a service that is invaluable to people and is $300, why are you forcing people to join a waiting list to get in? Anybody who is truly interested in sharing information with you that could make him a fortune if he gets 5 or more sales every day would just sell it, why the waiting list garbage? It’s not like its a free service that is taking up so much resources you NEED to have a waiting list, this is by choice, most likely to make a user wait and wait while receiving free sample emails from the company and related companies, all the while he watches the market go this way and that, wishing he were a member of Forex Diamonds. Almost on every page there’s a disclaimer about the waiting list and if you don’t get in today, try again tomorrow, etc. I said to myself, watch, I’ll get an email for a few days saying its full, then a few days later it there will be a spot open, and I will feel so lucky I just HAVE to join ASAP.
Trust me, I went through all of these emotions, Felix’s little waiting list technique almost worked on me except he didn’t count on me (and you either) doing a little research on his review site and all his sites that accompany them. In fact, if you take away the hundreds of positive comments about the programs on his site, you are left with absolutely no positive comments elsewhere on the internet, I’m talking about a dozen some odd sites with twice as many reviews. Maybe these negative comments are coming from competitors or people who are “out to get” Felix, but why would they be out to get him regardless?
I don’t know, like I said, you need to be the judge on this one, I’m sure his indicators provide us with accurate information, but are they worth hundreds of dollars a month and do they work?
Inevitably, I can’t say its a scam until I spend the $300+ to try the system out. They say there’s a money back guarantee, but who knows. So, it seems, that through advertising and reviewing your own programs positively 100′s of times could drive at least 1 person to each program every day which could equal 100 pips for them. I just don’t know though… very popular programs that I trust laud that they are lauded or reviewed highly on Forex Bastards, so that’s a plus. I’m giving them a VERY USEFUL rating, because if you cut through all the malarkey, the signals they provide can help any trader, but don’t look to anyone at Forex Bastards to predict the future, at least not for free. As with most things in this Forex business, it’s just too hard to tell other people’s sincerity.
FOREX BASTARDS USEFULNESS: USEFUL
PRICE: FREE, SATELLITE SITES COSTLY
FOREX BASTARDS SCAM OR NO SCAM: DON’T KNOW
USER REVIEW AUTHENTICITY: HIGHLY SUSPECT
I really appreciate this information and there is a forex scam problem in the education section of the market in particular,because it isn’t as regulated as the other sections the forex dealer, broker,institution side. This a very valuable information.
Book
It’s important to note that the Forex Bastard’s ring of sites has a total of at least 4 separate signal programs all costing at least $300, some $600 including but not limited to:
1) Secret Forex News Weapon
2) Secret Forex Society
3) King Forex Signals
4) Forex Diamonds.
5) WPips
6) Felixyachtseminar.com
All sites are inextricably linked by the fact they use Durango-Direct as a credit card processor (why not 2Checkout or Paypal, unless there’s too many chargebacks)?
James T
ForexDiamonds.com has changed their policy from that waiting list approach to a Free 30 Day Trial Period, no waiting list, that costs you $300 from start.
Free Trial that costs $300?
They say money back guarantee? I don’t want no-name processor Durango-Direct to get a hold of my credit card number, so I can’t try out Forex Diamonds to give honest review of their signals even if I want to.
I want to find someone with first hand knowledge though, never met a single soul that fits the bill. Also add one more site to their list, forexnewstrade.com I believe is owned by them as well, as they are the only contributing party bidding for the term FELIX HOMOGRATIS on Google adwords.
Ἀνίκητος
for people who think he’s NOT a scammer or at least, not totally truthful… what would you rather do in life? Spam the entire internets with all your 10 Forex websites, Sit back and make $300-1000 per sale (multiple sales per day) every day to gain access to a special chat room filled with beginners like you, or actually work really hard and earn money pip by pip?
I’d chose the scammer way any day, but alas I fear jail… some people do not…
lord
I signed up for this crap, got into a chat room where 10 other beginners just sat around waiting for something to happen. These guys trade the news, this isn’t some revolutionary mentoring program, but it can be useful if that’s all u do.
Personally, I’d rather make money by learning
Jackson
Yea its really funny how every site Felix owns has 160 reviews and comments and the next site on the list has only 4.
What a scam, Stevie Wonder could see it hahahaha
Primo
I have investigated the matter with forexpeacearmy.com and it’s owner thoroughly and have collected the following factual information:
According to the Moneytec article at:
http://www.moneytec.com/forums/f14/forexbastards-com-owner-involved-fraud-%7C-arrest-made-23688/
the Russian national Dmitri Chavkerov (under the alias Felix Homogratus), immigrant in the USA, owner of the forex forum at forexpeacearmy.com, previously held at forexbastards.com (also owner of 10 other fraudulent web sites, listed here
http://forexbastards.blogspot.com/
), has been under investigation for a number of things for the last few years, and charges have been placed against his criminal partner in a fraudulent scheme to defraud people from United States, details of which are documented at the U.S. Immigration and Customs Enforcement (ICE) web site:
http://www.ice.gov/pi/news/newsreleases/articles/071129losangeles1.htm
Its people like this that have made the need for homeland security a must. We must all do our due diligence to detect fraudsters and terrorist. There are also numerous complaints by investors, and a pending case of identity theft, and transmission of personal banking information on a female victim, as well as black mail, slander and defamation. Its time to bring Mr. Dmitri Chavkerov to justice, arrest have already been made.
If you or your company has been a victim of blackmail, false slander or you have lost money from his services or products, or feel he has caused you financial harm, please contact http://www.ice.gov, or your report can be documented by the arresting agent William James Cunningham.
Mr. Dimitri has made headlines around the world:
http://www.cnn.com/search/?query=Dmitri%20Chavkerov&primaryType=mixed&sortBy=date&intl=true
for his cutting edge class fraud. And is the first to be caught in this type of Online fraud. Based on current information he is pretending to be a trading expert, but based on financial statements, he has lost a large sum of money in forex trading, and all of his current income is from fraudulent product sales. He scares people into not buying or trusting his competitor’s products then thru his massive network of forex sites sells his forex products. A scare, then magic solution that many Internet scammers/fraudsters use today. He hides behind other names and web sites and shady people too.
DrTom
So fraudulent! “DONT LET THOSE BASTARDS TAKE YOUR MONEY” why, so you bastards can take my money instead? It’s just wrong, but reverse psychology at it’s worst in FX Market! FELIX puts it in your head that Forex Bastards is The Only place where you will stop losing money if and only if you try out the best reviewed programs, 5 stars or above, all reserved for his own friends websites and even website he himself is owner, while real reviews are deleted or modified.
Матвей
Alo,
I know they are scam. Have hundred fake reviews to legitimate forex programs, beware new scam is Forex Peace Army that does the same, many beginner fall pray to this.
Good tradings.
Bogdan
Богдан
Some people say his name used to be Dimitri and he bad mouths legitimate Forex Brokers and Indicators on Forex Bastards to promote his own.
Why are all of his sites so heavily rated (all with 5 stars) and every other site not controlled by him have 4 or 5 reviews with 4 or less stars? Y
Even the fictitious name HOMOGRATUS. It reminds me of that scene in THE ENGLISH PATIENT where Almasi says “I don’t believe anyone could invent such a preposterous name.” Well if you break it down, and if you know latin, you’d see that the name literally means “Thankyou Man” or “For the Sake of Man” Not sure which he was going for. But if its the first, he’s obviously thanking Mankind for something… maybe gullibility? If it’s the second translation, he’s adorned a name that is somewhat heroic… he’s spreading his Forex knowledge for the sake mankind.
Derrick
I used to trade the news and I’m eager to know more about news impact on the Forex market. Inside the Diamonds Room, I find out another important impact which is their! Nothing can be worth for me to have 75% as a loss ratio, for me to have a loss rate more than the half it is the end of the world. Their service is no doubt the worst.
Nel
Im sorry but before you go alleging things please provide proof.
MoForex
I’m sorry but do you have proof of this?
MoForex
I have to say this is the only blog to actually catch ForexBastards in the act making hundrds of percents more comments on their own programs versus user submitted programs they don’t have relationship with $$$. Sad they still around and people follow them… just newbs mostly.
PimpinFx
hey traders
i want to invite you all to a FREE forex chatting room
we discuss trades there – noobs and pros are welcome-
no registeration needed not even an email
just choose anick name and you can be with us
is free and will always be
http://tinyurl.com/6cjp2uu
free forex chat room for noobs and professionals
reagrds
Brain
scamming bastard website avoid forex bastards,
a. Felix Trading Beginner in 2007
b. Felix Expert Trading Signal Business Opens 2007
c. Felix ForexBastards.com – eventually ForexPeaceArmy.com – Opens 2007
Forex Bastards filled with tons of reviews how great A) and B) are.
Not rocket science to see how he make money.
TheBrain