Mr. Hammad Aman,
In response to your letters, we would like to remind you that by opening a trading account with NFX Capital VU Inc., you have given unconditional consent to comply with all the conditions stipulated in the Client Agreement (
https://nordfx.com/download/1506411209/client_agreement_en.pdf ). In accordance with paragraph 6.6. of this Agreement, we have a full and unconditional right to block your account in case of any suspicion as to the legitimacy of your transactions, and conduct an appropriate investigation.
Thus, in this regard, all our actions have been absolutely legitimate.
After your clarifications, which you have given today, on September 27, 2017, at the website
https://www.forexpeacearmy.com , we have once again studied carefully all the transactions in your account No.1100287. Unfortunately, in their structure, they are very similar to one of the most common schemes for "laundering" a bonus, and that is why they aroused our suspicions.
So, having just added funds to the account, on September 1, 2017, with a deposit of only $ 500 and a bonus of 55%, you immediately made a transaction with a volume of 1 lot, which, according to the generally accepted standards on Forex, is not just a risky, but a super-risky operation, and can immediately lead to a complete loss of the deposit.
It is this that suggests that this transaction was hedged from another broker.
After you have closed this transaction with profit, all your other transactions had volume 0.05 - 0.1 lots, that is, 10-20 times less than the initial one. And less than 2 weeks after the trading started, you submitted a request to withdraw ALL the funds from your account.
That is, despite the obvious benefit for you, your cooperation with NordFX lasted for only about 14 days.
Such actions pretty much resemble the bonus "laundering" operation using two differently directed transactions.
Mr. Hammad Aman,
as you can see, there is a very fine line between the honest trade and a fraud aimed at "laundering" the bonus. Unfortunately, your explanations have not convinced us that your trade corresponds to the norms generally accepted in Forex. However, when there are doubts, we always try to resolve them in favor of the trader. That is why we have decided to pay you the profit of $ 648, which you are claiming.
This amount has been transferred to you on September 28, 2017.
However, our company is obliged to stop providing you with our services.
We rely on your understanding and hope that you will be able to find another broker who will be satisfied with such a style of trading as yours.
Yours faithfully,
NordFX