SCAM ALERT: Life Capital (Probuisnessbank) http://www.life-capital.ru/

Hello Friends,

Let me warn you about opening an account with a scammer FOREX broker: Life Capital (Probusinessbank) (https://www.life-capital.ru, https://forex.life-capital.ru/).

This is the group of companies LIFE Financial Group with brand name LIFE (Life Capital) that was formed in Russia by the bank Probusinessbank.

This group provides FOREX service from two companies:
1. OJSC Probusinessbank, Russia
2. Life Capital Management Ltd., Seychelles

The managing board of that scammers group of companies consists of: Dmitry Suvorov - Head of Retail FX at Probusinessbank (LIFE Financial Group), Nikolay Sapronov - Vice President, Head of Department of Financial Markets at Probusinessbank (LIFE Financial Group), Sergey Bokach - Deputy Head of Department of Financial Markets at Probusinessbank (LIFE Financial Group), Vladimir Filyashin - Director of Development of Retail-Investment Business at Probusinessbank (LIFE Financial Group).

Please beware of these people and their FOREX services because they made a great scam in Russia.

The problem is that they refused to pay profit of 43'407 USD to the trader who earns his money by absolutely honest way.
They invented some stupid reasons why they should not pay his money.
The problem has long been discussed at Russian forums:

https://forexsystems.ru/chernyi-spisok-kompanii-i-pretenzii-k-foreks-brokeram/76570-pretenziya-k-kompanii-laif-kapital-probiznesbank-ot-dimeon.html

https://forexsystems.ru/obsuzhdenie-raboty-i-uslovii-brokerov/64993-foreks-v-finansovoi-gruppe-%C2%ABlaif%C2%BB-9-rossiiskih-bankov-obsuzhdenie-20.html

https://forexsystems.ru/otzyvy-foreks-o-brokerah-i-dc/73458-otzyvy-o-laif-kapital-probiznesbank.html

All clients and traders are shocked by brazen communication of employees of the company. They reported that the company is not obligated to pay income to customers, and that they like only traders who loose money and don't like traders who earns money. This is FOREX kitchen of scammers.

We do not know how to affect the company so that it returned the money to the customer.

We will be very grateful to all who will support us.

Here is an English translation of trader's claim of Life Capital (the claim was posted at Russian forum

https://forexsystems.ru/chernyi-spisok-kompanii-i-pretenzii-k-foreks-brokeram/76570-pretenziya-k-kompanii-laif-kapital-probiznesbank-ot-dimeon.html ):

'
Claim of Life Capital (Probusinessbank) from Dimeon
Typical shit kitchen!!!!!!!! Scammers!!!!!!!!!!!!!!!!

The execution speed is very depend on the growth of your account.

At the begining the speed of execution at my account was as follows:
00:59:29.874 '106529': instant order sell 2.13 EURGBP. at 0.7947 sl: 0.0000 tp: 0.0000
00:59:30.638 '106529': order was opened : #3240176 sell 2.13 EURGBP. at 0.7947 sl: 0.0000 tp: 0.0000
00:59:30.670 '106529': close order #3240167 buy 2.21 EURGBP. at 0.7948 sl: 0.0000 tp: 0.0000 at price 0.7947
00:59:31.652 '106529': order #3240167 buy 2.21 EURGBP. at 0.7948 sl: 0.0000 tp: 0.0000 closed at price 0.7947
So each operation takes about 1 second.

Later the execution speed became as follows:
00:07:20.067 '106529': close order #3268247 buy 5.35 EURGBP. at 0.7909 sl: 0.0000 tp: 0.0000 at price 0.7910
00:07:21.642 '106529': requote 0.7909 / 0.7910 for order #3268247 buy 5.35 EURGBP. closing at 0.7910
00:23:25.428 '106529': instant order buy 5.54 EURGBP. at 0.7910 sl: 0.0000 tp: 0.0000
00:23:27.503 '106529': requote 0.7910 / 0.7911 for open buy 5.54 EURGBP. at 0.7910 sl: 0.0000 tp: 0.0000
01:05:12.555 '106529': instant order buy 5.15 EURGBP. at 0.7912 sl: 0.0000 tp: 0.0000
01:05:14.458 '106529': requote 0.7912 / 0.7913 for open buy 5.15 EURGBP. at 0.7912 sl: 0.0000 tp: 0.0000
01:09:27.943 '106529': instant order buy 5.15 EURGBP. at 0.7912 sl: 0.0000 tp: 0.0000
01:09:28.645 '106529': requote 0.7912 / 0.7913 for open buy 5.15 EURGBP. at 0.7912 sl: 0.0000 tp: 0.0000
01:33:11.446 '106529': instant order buy 4.95 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000
01:33:12.740 '106529': order was opened : #3268294 buy 4.95 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000
01:33:12.772 '106529': close order #3268258 sell 5.54 EURGBP. at 0.7910 sl: 0.0000 tp: 0.0000 at price 0.7913
01:33:13.754 '106529': order #3268258 sell 5.54 EURGBP. at 0.7910 sl: 0.0000 tp: 0.0000 closed at price 0.7913
02:54:38.653 '106529': instant order sell 4.89 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000
02:54:40.681 '106529': requote 0.7912 / 0.7913 for open sell 4.89 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000
02:54:41.430 '106529': instant order sell 4.89 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000
02:54:43.817 '106529': order was opened : #3268852 sell 4.89 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000
02:54:43.848 '106529': close order #3268294 buy 4.95 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000 at price 0.7913
02:54:44.893 '106529': order #3268294 buy 4.95 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000 closed at price 0.7913
03:15:57.700 '106529': instant order buy 5.07 EURGBP. at 0.7912 sl: 0.0000 tp: 0.0000
03:15:59.821 '106529': order was opened : #3268856 buy 5.07 EURGBP. at 0.7912 sl: 0.0000 tp: 0.0000
03:15:59.821 '106529': close order #3268852 sell 4.89 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000 at price 0.7912
03:16:01.022 '106529': order #3268852 sell 4.89 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000 closed at price 0.7912
03:25:46.710 '106529': instant order sell 5.25 EURGBP. at 0.7913 sl: 0.0000 tp: 0.0000
So there occured requotes and latencies up to 2 seconds.

Later the latencies increased up to 4 seconds and requotes occured more often:
01:02:38.217 '106529': instant order buy 86.20 EURGBP. at 0.7930 sl: 0.0000 tp: 0.0000
01:02:40.666 '106529': requote 0.7929 / 0.7931 for open buy 86.20 EURGBP. at 0.7930 sl: 0.0000 tp: 0.0000
01:02:40.682 '106529': close order #3276444 sell 83.11 EURGBP. at 0.7931 sl: 0.0000 tp: 0.7924 at price 0.7930
01:02:43.162 '106529': requote 0.7929 / 0.7931 for order #3276444 sell 83.11 EURGBP. closing at 0.7930
01:07:15.492 '106529': instant order buy 89.30 EURGBP. at 0.7929 sl: 0.0000 tp: 0.0000
01:07:15.960 '106529': order was opened : #3276481 buy 89.30 EURGBP. at 0.7929 sl: 0.0000 tp: 0.0000
01:07:15.976 '106529': close order #3276444 sell 83.11 EURGBP. at 0.7931 sl: 0.0000 tp: 0.7924 at price 0.7929
01:07:16.693 '106529': order #3276444 sell 83.11 EURGBP. at 0.7931 sl: 0.0000 tp: 0.7924 closed at price 0.7929
01:17:03.535 '106529': instant order sell 92.63 EURGBP. at 0.7930 sl: 0.0000 tp: 0.0000
01:17:06.000 '106529': requote 0.7929 / 0.7931 for open sell 92.63 EURGBP. at 0.7930 sl: 0.0000 tp: 0.0000

And as a result, I was accused of using an Expert Adviser that is not prohibited by any client agreement or Regulations. The site says that the use of Expert Advisers is IMPOSSIBLE. Also they didn't prohibit me to use Expert Advisers during the discussion in online chat. At the same time Expert Advisers are DISABLED on the server side of MetaTrader 4.

Can anybody in Life Capital explain to me how to use Expert Advisors, if the Expert Advisors reports in the MetaTrader 4 Client Terminal log that Expert Advisors are disabled?

Also I wish to get an explanation of the reason why they don't pay my money of $ 43,407 USD!

'

Is this broker regulated ....?

earnfromfx posted:
Is this broker regulated ....?

Unfortunately, no. The company is registered in Seychelles, but they can provide FX services all over the world and I think it will be good to be informed about them. Also the lack of regulation is the main problem to the trader who has been deceived by them, because he can not complain to the company to the regulatory authority.

this post is about how to be a very stupid by choosing broker lol

Its a scam bucketshop from russian robber banks with a monky offshore registration with no any regulation.