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FXDD reversing free money granted

  • Post #1
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  • First Post: Aug 6, 2009 7:05pm Aug 6, 2009 7:05pm
  •  Big1red9
  • | Joined Jul 2008 | Status: Member | 885 Posts
8 months ago I signed up for a promotion from FXDD. Open and acct and they gave you $100 no other requirements.

Today I found that they did a reverse transfer which took the original $100 and all the trading profits made during the 8 months.

They say the fine print allows them to change the requiements after the fact.
  • Post #2
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  • Aug 6, 2009 10:46pm Aug 6, 2009 10:46pm
  •  forexisfx
  • | Joined Nov 2008 | Status: Gold Member | 689 Posts
Quoting Big1red9
Disliked
8 months ago I signed up for a promotion from FXDD. Open and acct and they gave you $100 no other requirements.

Today I found that they did a reverse transfer which took the original $100 and all the trading profits made during the 8 months.

They say the fine print allows them to change the requiements after the fact.
Ignored
They were hoping u could put more money in but u didn't so.....

Broker are out there to make money not to give u money.

You made money , they change it , you lose money they accept it.
 
 
  • Post #3
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  • Aug 7, 2009 8:21am Aug 7, 2009 8:21am
  •  viperzz
  • | Joined Oct 2008 | Status: Member | 119 Posts
I got the $100, I remember them saying in the fine print that it would be taken back at anytime you didn't trade with it for 3 consecutive months...... well that time just came up on mine. I managed to reduce my free $100 down to $37 with a few high risk Ea's( that was the best thing for it for me)- Stopped trading it back in April, forgot about it.... They just took the $37 back.... oh well... I only lost their money.

Taking your profit back as well though is a bit rough!
 
 
  • Post #4
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  • Aug 9, 2009 8:33pm Aug 9, 2009 8:33pm
  •  fx786
  • | Joined Aug 2009 | Status: Junior Member | 1 Post
I got many bad experiences with them, many of Newbies got negitive balance, intially it happened to me also. And even their customer is so RUDE... they dont even give you proper response and answers.

any how I closed my account with them.
 
 
  • Post #5
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  • Last Post: Oct 22, 2009 8:08pm Oct 22, 2009 8:08pm
  •  pipsacker
  • | Joined Aug 2005 | Status: Member | 127 Posts
The same thing happened to me. They bugged me for several months to take the free account. When I took it and did not trade quick enough, they took the $100 deposit. They were willing to give it back for a $250 deposit of my money. I would never trust them with my money.

pipsacker
 
 
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