scam broker alert

xtreamforex fake broker, big scam they had taken my 3000$. for more info please contact me on skype id rsdiqbal1. plz be carefull, thanks

upload relevant evidence and report to FPA too.

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LICENSES AND REGULATIONS

lesser known and ridiculous regulation .

can i have the contact of the ceo or owner of this broker so i can get my money back? any possibility
i will show them all things. i m sending email to their support but no reply for 9 months now.

Report here
http://www.forexpeacearmy.com/forex-...-forex-brokers

FPA cannot return my money i need the contact of owner to get my money back.

If your claim is genuine , lodge complain with valid proof first.

then what will they return my money?

i placed i review on FPA.
i can give you all proofs including my trading id and password but in private not here. my skype id is rsdiqbal1.

Hi Rsdiqbal ,
I'm sorry for your problem and I hope that you can fix it , even if the legal adress at the Marshall Islands I do not think it's a good thing for you.
Because it exists the " Compact of Free Association with the United States" , you could submit a formal complaint to US Financial Authorities , but it's just an attempt.

I take advantage of your thread to report another scam-broker - Instaforex - reccomemded by scammer Nesta .
As you can see, scammer Nesta continues to offer to FF members Instaforex's scam-proposal called "Startup Bonus" or "No Deposit Bonus" :
Ok , where is the scam ?

Please , read these Instaforex rules :

" Principles of bonus program :
- The bonus funds are not available for withdrawal.
- The Client agrees that in some cases the Company can ask him/her to replenish his/her account with real funds."

FF members , have you understood ?

1) The bonus money are not available for withdrawal.
2) InstaForex gives you virtual money , BUT then he ask to replenish your account with real money !

All clear ?

FF traders , please , if you want to save your precious money stay away from scammer Nesta.

oh very bad, but your problem is bonus my problem is real money deposited and traded with that. xtreamforex big big scammers.

Unfortunately they don't have the best reviews on FPA http://www.forexpeacearmy.com/forex-...-forex-brokers
Start posting on all forums demanding xtreamforex to reply to you ASAP. This is unacceptable.

In my opinion forex peace army is a good place to check whether any broker is connected with scam or not. Moreover we never know when a good paying broker turned into scam as we have a lot of bad examples in past so whatever broker we trade, it will be good if we keep necessary capital with the broker by withdrawing profits as early as possible.

Hello everyone,

I am Jesse Nguyen (Tung Le Nguyen), a FX trader living in the U.S. . I would like to report a $18000 scam regarding IronFX global limited, Limassol, Cyprus. The following is my issue.

I have been working with IronFX for 5 years and there were no problem. In May 2016, I made a withdraw from my trading account but that withdraw was denied. I contacted them to ask about that and my account manager, Rijo Varghese (email : { email address deleted by staff }), phoned to tell me that my account was under investigation for abusing their promotion that I had never done. So I did a search to see what was going on there. I found the information that some accounts in Asia such as China, Vietnam, ... took advantage of the IronFX's promotion to make profit. So IronFX has prevented those violating accounts from withdrawing. With that excuse, they prevent many other accounts, including my accounts, from withdraw as well (this information can be seen in any FX traders' forums).

I have never used that technique to make profit in FX market. I asked them to show me the evidence and give me some information about their investigation like "how long does it take?" and "who is in charge of the investigation? ". I did contact them many times via email and phone but they and my account manager, Rijo Varghese, never got back to me.

From the information I got from Traders' forums that investigation has begun from the beginning of 2015. Whereas my last deposit ( over $11000) was in April 2015. They never informed me that my account was under investigation, they kept taking my money without any announcement that I cannot make any withdraw. In other words, what they did is no difference from stealing their clients’ money. There is $17908 in my trading account with IronFX, and that is all money I had saved for few years.

Forexfactory.com is a big forum. I would like to post my case here to warn any trader planning to do business with IronFX. Could anyone please start a new thread about this scam broker, IronFX, please? I cannot do it as junior member. I will appreciate if you do that.

Hope you solid trading and never meet any scam broker like IronFX,

JN

If you need more information, please contact me via { email address deleted by staff }.

Here it showing the proof of manual market manipulation of IQ Option Broker

Scam alert: Do not even try XtreamForex is a big scam!
There is some evidence that I post in blog, Check it and try to not even try this broker, Or soon you wish to not trying it.
Fake payment methods on first page, Not even a instant deposit when you need, Fake online support, fake number and address, Fake reviews on net. Avoid it completely and tell any one that want to use it.

هشدار! اکستریم فارکس (XtreamForex) رو حتی امتحان هم نکنید!
اگر تا به حال اسم این بروکر و شنیده اید و تمایل به امتحانش رو دارید، به هیچ وجه این کار را نکنید! که نتیجه آن جز پشیمانی نخواهد داشت. در ادامه شواهدی از نحوه کار بروکر جعلی اکستریم را میتوانید مشاهده کنید.
در این وبلاگ من شواهدی مبنی بر کلاهبرداری این شرکت منتشر کردم
Blog post: https://dom.ir/blog/?p=257

XtreamForex = Xtream Scam

watch out

Israel’s state prosecutor announced that it intends to indict the company behind former binary options broker iTrader, its owner and senior officials, on charges of aggravated fraud and providing investment advice without a license. The company Gal Media Trade Ltd., owned by Ido Fishman, operated iTrader from 2013 to 2016, and allegedly scammed thousands of Israeli investors.

According to the charge sheet, representatives of iTrader sold binary options investments to Israeli clients, applying unfair sales pressure and exploiting their lack of experience in this type of trading. The suspects also allegedly engaged in deceptive practices and hided crucial information from clients, such as the risks involved in binary options. What is worse, operatives of iTrader pressured customers to use trading techniques that required a large investment of funds, which eventually led to huge losses.

Title: Broker (KlasFX – A “Vanuatu” licenced broker (VFSC)) closed the profitable account suddenly without making any payment.

Subject: The account that is in the profit is closed suddanly without giving any information and when we were able to communicate and ask for the reason of the situation, we are informed that, our account has been closed with its all balance.

Broker: KlasFX – A “Vanuatu” licenced broker

I’ll make a brief summary. But I can tell in more detail by using account videos, e-mails, bank statements, etc.

I’ve sent this text also to VFSC. I’ll give additional info according to the Broker’s action and the regulator's action in the comming days.

I made profitable trades on KlasFX between the dates 08.08.2019 - 21.08.2019. The lot sizes was between 0.01 and 0.05 micro lots but mostly 0.04 lots. I’ve all records about all trades. I've traded manually and ofcourse it can be seen by the broker. On 22.08.2019 I sent a withdrawal request. After few hours, seen that my account is closed. I could not access to my account from MT4.

When I called the company, they said “we closed your account with all balance and we will not make any payment.” Reason; “The related department determined that I used software between 08.08.2019 - 21.08.2019”. I just used MT4's "Depth of Market" and "One Click" features. Did the department seen them as software? These are MT4’s default features. Ofcourse KlasFX can see how I open each order. It is very clear and clear that each order is manually opened. This is not difficult to prove or detect.
Please note that the trades were opened with micro lots. The balance and leverage were suitable for opening a larger volume trades. But ultimately I was doing scalping and because of this I was using micro lots to limit my risk.
I’ve prepared a more detailed writing and sent to the broker. I told them I would write it everywhere.
In a short time, they called me by telling there was an emergency situation. Said they had changed their minds, they would send my deposit to my account the next day. They sent. Not the whole balance, only deposit.
Then I told them;
Paying my deposit won't change my mind. I won't give up on the money I earn with my right. If I give up, this means I accept your untrue reason. I have all the records and you also can see all of them on your screens.
As I said earlier;
I’ve sent this text also to VFSC. I’ll give additional info according to the Broker’s action and the regulator's action in the comming days.

The British regulator FCA issued a warning against the EFEX Capital broker for being a clone company.
According to the official warning the firm does not hold the proper license by the FCA for providing financial services to British traders and is operating outside the law and is suspected of knowingly participating in investment scams.

I have a question, maybe off topic, but I need the answer.

I trade on FBS and OctaFx demo contest that gives 10k usd to trade and 100x leverage and a round is of 7 days. I see that in every round the top 5 contestants make 100x or sometimes even more.

Is that really possible even in a demo account? If yes, if I copy those traders' trade on my real account will I make profits like them?

Do they ever reveal their winners identity? I think it's fishy/