I lost in excess of 100k with Oanda

I lost in excess of 100k myself and possible losses estimated at more than 1M between a few other investor that have already contact me. This broker does not like winners ( self-traders nor Money Managers ) but they love big losers.

For now I withholding the name of the Money Manager until we meet a few others affected by this very non- ethical and illegal way of this Broker of making money. They probably don't even bother to edge their exposure with their liquidity provider and just pocket big sums with their losses.

The Scheme they run is as follows:

If you are good trader (and your account is good size) you are out. If you are a bad trader you are in. If you a bad trader and manage money, they love you.

At the beginning I wondered why the money manager insisted trading for me at Oanda. Well, now I know that Oanda is the only place where He was welcomed having very shady credentials, not being regulated by any country and also having a criminal background.

In spite that , after our big losses, most of us individually contacted and Warned Onda to prevent other unsuspected investors of this unscrupulous Money manager, they keep opening new ???funds??? for Him and allowing trading as usual. We all know, these individuals re-invent themselves with new blogs, web sites and old trading reports to engage and gain new clients, all done with the Broker Blessings. How many of these type of managers are being harbored and trading there at the present? We hope to find out soon. They have not cooperate with us but I doubt they will ignore the SEC.
If you know any other contact us.
For now this comment is a WARNING for ALL traders. Take your money out and trade with someone else. It takes times for the SEC to review the individual cases but at one point on time they take action and then they will close the place down, and many will suffer delays or not even getting their deposits back.

I would like that others from this forum contact our group, but I don't know how is done here. I am not a great ???forum??? expert.
Our agenda is to recover our investments from Oanda that is acting as an accomplish to dubious money managers that wipe out clients accounts. We have documentation but welcome any other that help substantiate their illegal practices.