SIC FX aka. Spread International is a RIP OFF organisation, rotten to the core.
I know the details of the organisation very well. The company is run by Ahmed Al Assad. He is a Saudi National operating out of Dubai from offices in Jumeirah Lake Towers. His registration at DMCC for SICFX is shady at best.
Previously he was running SICFX out of Dubai with a general "Consultancy" trade licence which gave him no legal authority to trade peoples money whatsoever. He set up operating with another scammer called Craig Karliss who is based in the US, a drug addict and also a renowned Forex scammer (google him & his court cases) Countless people have lost their money with him and its now the time that something should and will be done.
Taking them to court is not the only option. As they are registered with DMCC there are other ways of punishing them and getting compensation.
Thank you very much for the information Yoplu. I appreciate it very much. I contacted DMCC about my complaints. The people I contacted were: DMCC Compliance department erlito.Sevillejo@dmcc.ae , Yousuf.AlKhuroosi@dmcc.ae , Hassan.Nasser@dmcc.ae. But I am afraid I have been ignored by them. They havent replied to my complaint, neither they confirmed that they were on this case. So I dont know what I can do to either punish them or get a compansation. Do you suggest any other way to be effective on my complaint? I even tried their website but could not find any information how to file a complaint.
Any suggestions would be very much appreciated.