29/07/2011 by admin.

If anyone signed up for Forex4Free needs the $.02c to confirm their Cosmic Pay account please let me know and i’ll send it over to your account. My email address is paul15563@hotmail.com

Think once they get enough members who have done that and sent over the right information they will be sending out the agreement forms.

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13/07/2011 by admin.

Just wanted to bring the latest communication to the attention of anyone who originally registered for this programme. Heres the latest email;

VERY GOOD NEWS !!!

we are finaly starting now and this is true. Until end of August we need to pay all accounts and ALL Ref commisions.

1. You will get 2500$ for biz account and 2500§ for org account
2. you wil get 500$ extra later for EACH REF who gets active now
3. you are able now to sponsor more users because it seems we have no enough
first in first out, so you need to hurry up with next steps
4. You need to inform everybody who is still interessted in this, this is your last chance and we have only this Forum Newsletter, from here it needs to go to everybody.

WE NEED NOW

1. Accounname .biz and .org
2. Your confirmed Cosmicpay Number
3. batch of test transfer 0.01 €
Send to
prestartforex4free@yahoo.com

to get the Batch Number you need to send us 0.01 EUR = 1 cent to our Cosmicpay Account number C71508700 , this is nessesary for security reasons.
We know that some users may say that we only want this one cent, if you think this way you better keep away.

4. We will send you agreement
5. Sign, scan and send back
6. we transfer the money
7. further steps

PLEASE REALLY HURRY UP WE ARE RUNNING TOTALY LATE

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10/07/2011 by admin.

Not mentioned this for months but Forex4Free seems to be going ‘live’ now with members being asked to sign up to Cosmic Pay to receive the funds into their accounts. Apparently this will precede the broker accounts being traded by the large backers of the scheme. Maybe i’ve been over cynical about this and maybe everything will progress as promised - it would certainly be the most long winded, elaborate scam i’ve ever seen.

If you’ve already signed up have a look at the forum here for the full instructions -you need to sign up for the forum.

If you’ve not signed up & you fancy a free punt at possibly getting money for nothing you’re in the enviable position of not having to wait 15 months as i have to see any progress. just sign up at the forum & you’ll find all the instructions you need. as i’ve said before i’m in this until they ask me for any money.

If you want to have a look yourself you can use my referral link here or if you’d prefer just go straight to the site here www.forex4free.biz

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28/09/2010 by admin.

Mentioned this scheme back in May and got a bit of abuse from some people claiming it was ‘obviously’ a scam etc. so i just wanted to give an update. Basically everything has happend as promised so far - money paid into my account every 10 days or so since i joined in May.

If you look at the previous post about this it explains more about it - although they’re not using Liberty Reserve anymore and the levels required before trading on our behalf starts will be much lower so it should start quicker.

Do i think it will happen? - dont know but i’d rather be involved than not as its all free and costs no time.
Is it a scam? - not sure what the scam would be as it doesnt cost anything. If money is requested at any stage i’m gone.
Does it make sense? well the forum is full of information and there are some explanations on there as to why large investors would benefit from controlling a large number of smallers accounts.

Anyway just wanted to mention it again as whilst doing the blog i have tried to find stuff which basically is financially beneficial without being either too risky or requiring too much input & i think this falls into both those categories.

If you want to have a look yourself you can use my referral link here or if you’d prefer just go straight to the site here www.forex4free.biz

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17/05/2010 by admin.

Just wanted to clarify a few things re the scheme i mentioned last night - seems i raised more questions than i answered.  Main question is why would someone or a group of people want to do this - someone suggested to me that it may be a tax avoidance ploy in that they’re going to take a percentage of profits from all these accounts they have funded in the first place which may be classed as ‘gifts’ & non-taxable. The site, though, in the FAQ’s seems to suggest that large players in the market suffer from brokers ’stop loss hunting’ and a lot of smaller accounts would avoid this. I dont know enough about either of those scenarios to offer an opinion but i’m sure some of you guys do.

I also just wanted to confirm the order of what actually happens regarding setting the accounts etc up;

First thing to do is get the account set up with forex4free - will probably come up in German but there is a link on the home page which takes you to a ‘link’ page for the English version.

You then need a Liberty Reserve account which is where the funds will (hopefully) eventually be paid.

After about 3 days your account balance with free4forex should show the $500 deposited & you then need to deposit that into your liberty reserve account. This is done from a link on the home page.  From then on the balance should begin to grow & as well the growth from trading you get $25 added to it for every person who joins via your referral link. This helps you get to $1500 quicker which is the point at which you transfer the money to a brokerage account.

This is then traded up to $7500 at which point anything over & above that amount is paid to you as profit with 25% taken by the original benefactor.

As i say this is my understanding of it taken form the information on the forum here so & its definitely worth registering on there.  It may well not amount to anything but my attitude is that all i’m giving up is my email address and a few minutes registering on the sites.

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