eToro a Forex trading platform and the  winner of Most Innovative Platform 2010 happens to be the author of the new craze on Social Trading.

Social Trading basically refers to a open community where you are able to view what other traders are trading on: whether they are trading on Oil, Currency pairs, stocks e.t.c. In this case a Novice/ newbie trader can copy the trades from top 100 Most successful/ profitable traders. In a nutshell when you copy a trade from another trader, you get the results that they get. If they profit, you equally profit. This translates to the Laziest way possible to make money on the Forex market.

The Real Threat is  competitors are joining and diverting clients via Chat to their trading platforms.

Here is an example of a newbie client who downloaded eToro Software and was joined in a chat by one “Shah junaid ahmad kirmani”. See how he intentionally misleads the Novice Trader:

** The newbie trader username has been replaced with FX Novice-Victim and the url which FX Novice-Victim was being redirected to has been edited to protect the Platform in question incase “Shah junaid ahmad kirmani” is an affiliate and the FX broker in question is not directly involved:

[9:11:53 PM] Shah junaid ahmad kirmani: hi
[9:11:55 PM] FX Novice-Victim: Hello Shah,that wa squick
[9:12:17 PM] FX Novice-Victim: Im new to online trading,I actually just downloaded ETORO
[9:12:29 PM] Shah junaid ahmad kirmani: o ok
[9:12:30 PM] FX Novice-Victim: does it really work and if so how?
[9:12:53 PM] Shah junaid ahmad kirmani: its buying currencies trading one with the other
[9:13:09 PM] Shah junaid ahmad kirmani: The Foreign Exchange market, also referred to as the “FOREX” or “Forex” or “Retail forex” or “FX” or “Spot FX” or just “Spot” is the largest financial market in the world, with a volume of over $4 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks!
[9:13:55 PM] FX Novice-Victim: ok so in order to make profits with this,like how much in USD does one need to get started with?
[9:14:13 PM] Shah junaid ahmad kirmani: see in forex there is simple rule
[9:14:17 PM] Shah junaid ahmad kirmani: one min
[9:14:19 PM] FX Novice-Victim: ok
[9:15:07 PM] Shah junaid ahmad kirmani: in forex there is simple rule the more investment the more will u earn
[9:15:26 PM] Shah junaid ahmad kirmani: how much at max can u invest
[9:15:30 PM] FX Novice-Victim: ok so has it worked for you in etoro?
[9:16:14 PM] FX Novice-Victim: ok since Im still new to this and Im a bit sceptical still,I was thinking of starting with something between 500 and 1000$
[9:17:11 PM] Shah junaid ahmad kirmani: see i have clients {students} who just started from 250$. but let me tell u with 1000$ i can assure u very bright future
[9:17:39 PM] FX Novice-Victim: like if I invest 5 hrs a day doing this.How would the returns be approximately
[9:17:43 PM] Shah junaid ahmad kirmani: i earn full living with this forex and i have a luxurious life
[9:17:58 PM] FX Novice-Victim: :O
[9:19:20 PM] Shah junaid ahmad kirmani: see it doesnt work like if u put 5 hrs daily but it works like if there is a good signal then i can make u earn from 1000$ investment about 100to 500$ per day
[9:19:42 PM] Shah junaid ahmad kirmani: but it depends on signal strength
[9:19:52 PM] Shah junaid ahmad kirmani: see let me tell u what signal is
[9:20:01 PM] FX Novice-Victim: please do
[9:20:30 PM] Shah junaid ahmad kirmani: by signal i mean when u will deposit i will tell u what to trade or in simple words i will tell u what to buy and what to sell
[9:20:43 PM] Shah junaid ahmad kirmani: now let me introduce myself to u
[9:20:57 PM] FX Novice-Victim: ok this is getting interesting,go on
[9:21:33 PM] Shah junaid ahmad kirmani: i am a guy in forex now about from 7.5 yrs and i have lot experience and i teach new people to forex and help them becom what i am  {a smart trader}
[9:22:04 PM] Shah junaid ahmad kirmani: and i have clients from all over the world who are very new like u but are happy
[9:22:10 PM] Shah junaid ahmad kirmani: with forex
[9:22:31 PM] Shah junaid ahmad kirmani: but unfortunately there r some guys who came to me after loosing a lot
[9:23:08 PM] Shah junaid ahmad kirmani: some days before a persom from africa came to me n told me to guide me n he told me that he had lost 14000$ in forex already
[9:23:17 PM] Shah junaid ahmad kirmani: but now hez going good
[9:23:46 PM] FX Novice-Victim: wow thats a large amount
[9:24:21 PM] FX Novice-Victim: so how do you go about knowing how to start and how to trade smart?
[9:24:41 PM] Shah junaid ahmad kirmani: so now what the thing is that u have to come under my client list to be taught by me nad at same time wile u r learning i will give u signals that will amke u earn and gradually u will b able to decide wat to buy n wat to sell
[9:25:05 PM] Shah junaid ahmad kirmani: n then u will becom a trader
[9:25:14 PM] Shah junaid ahmad kirmani: but please u now forex is greedy
[9:25:43 PM] Shah junaid ahmad kirmani: wen i will make u earn, u will feel that now u can do it without my signals and u will try by ur won.
[9:25:49 PM] Shah junaid ahmad kirmani: but plzzz dont do that
[9:26:28 PM] Shah junaid ahmad kirmani: till u know various analysis that i will teach u and various charts and pivots and ebtries and exits i will teach u that will amke u professional
[9:26:50 PM] FX Novice-Victim: ok so whats in it for you…
[9:27:21 PM] Shah junaid ahmad kirmani: yes exactly u might b thinking that how com i do it for free for u without even knowing u
[9:27:36 PM] FX Novice-Victim: yes that was my question
[9:29:31 PM] Shah junaid ahmad kirmani: see i will give u a link to join and by joining that link u will come under my client list. that link is to a platform just like etoro. but as u join through my link by that i will get paid a lil by the company. and that will b my fees. Now its my hobby to make new ones earn.
[9:30:42 PM] Shah junaid ahmad kirmani: so u dont pay me directly but u will later need to fund ur account and that way i will get paid by the company and u will loose totally nothing and plus u will get wat u want
[9:30:50 PM] Shah junaid ahmad kirmani: so shall i give u the link
[9:31:23 PM] FX Novice-Victim: Please give it to me and let me sleep on it then I will get back to you
[9:31:45 PM] Shah junaid ahmad kirmani: ok 1 min
[9:32:02 PM] Shah junaid ahmad kirmani: http://ads.xxxx-forex.com/Gateway.aspx?gid=141836
[9:32:11 PM] Shah junaid ahmad kirmani: join through this link
[9:32:29 PM] Shah junaid ahmad kirmani: and wile joining if u r confused anywere do tell me . i will guide u
[9:32:46 PM] Shah junaid ahmad kirmani: i mean if u are confused with options
[9:32:51 PM] Shah junaid ahmad kirmani: or anythin else
[9:32:54 PM] FX Novice-Victim: ok sure
[9:33:11 PM] Shah junaid ahmad kirmani: and wen u finish do tell me so that i can check my client list
[9:33:20 PM] FX Novice-Victim: I will get back to you once I have my mind made up which will be in  afew hrs Im sure.Im already excited
[9:33:47 PM] Shah junaid ahmad kirmani: many are excited abt it but u need patience to succeeed
[9:34:03 PM] Shah junaid ahmad kirmani: ok
[9:34:14 PM] Shah junaid ahmad kirmani: do give me a message wen u r finished
[9:34:19 PM] FX Novice-Victim: ok sure
[9:34:22 PM] FX Novice-Victim: will do
[9:34:37 PM] Shah junaid ahmad kirmani: one thing more
[9:34:54 PM] Shah junaid ahmad kirmani: wile joining it will once say account ype choose mini
[9:35:03 PM] FX Novice-Victim: ok
[9:35:18 PM] Shah junaid ahmad kirmani: c u
[9:35:33 PM] FX Novice-Victim: once I am registering I will hit you up on skype so that you can guide me
[9:35:42 PM] Shah junaid ahmad kirmani: ok
[9:35:46 PM] Shah junaid ahmad kirmani: nice thought

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