Forex Peace Army, located at forexpeacearmy.com is an anonymous fraudulent project, earning money by blackmailing brokerage companies. The legitimacy of this organization has put into question as the project does not provide any real contact information, with the exception e-mail addresses. In addition the project operates at an undisclosed location and has no physical address on file. Forex Peace Army operates as a deceiving online-project. The FPA's activity is organizing a "Blacking PR" campaign against successful brokers. They publish slanderous defamatory materials and detractive information on their website forexpeacearmy.com while spreading these accusations on the Internet. Subsequently they offer these unfortunate companies which they have targeted a “way out” all of course for a price. ForexPeaceArmy stops their attack only if money is paid, as they don’t really care for the traders in the first place. Another SCAM the Forex Peace Army uses is the selling of fake signals on their website and other of scam sites. As time goes by, traders start recognizing that they are caught by swindlers. In this case the wheeler-dealers from ForexPeaceArmy should create new resources for selling signals. As soon as the number of pretensions to the project is too much, the scammers change the name and keep their fraudulent activity under it. Unfortunately, victims are not able to institute criminal proceedings against this cheating project, because FPA saves absolute anonymity. With the aim of preventing the scammers from self-advertisement most professional trader's forums prohibit referring and linking to the fraudulent project ForexPeaceArmy.. The Internet traders' community are aware that the FPA are indeed blackmailers and hackers.
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