VortexAssets.com Review

SCAM
1 • 7 REVIEWS
Out of business Black Parrot (Blonde Bear) Silver Wolf Limited
Updated: Apr 13, 2022
VortexAssets is a forex broker. Vortex Assets offers the MT4 and Mobile forex trading top platform. VortexAssets.com offers over 45 forex currency pairs, indices, commodities, stocks, assets, gold and silver for your personal investment and trading options.
SCAM CONFIRMATION


September 2018:  Vortex Assets is part of the Black Parrot/Blonde Bear group of companies.  This group has at least 5 FPA Traders Court guilty votes against them.  All companies in this group are hereby blacklisted by the Forex Peace Army.

The FPA warns traders not to do business with any company associated with the Black Parrot/Blonde Bear group.

SCAM CONFIRMATION
The Polish KNF has issued a warning against Vortex Assets/Black Parrot Limited.  CLICK HERE to verify.
May 2017:  There is a second FPA Traders Court guilty vote against this company. The FPA recommends a very high level of caution dealing with Vortex Assets unless this issue can be resolved.
March 2017:  There is an FPA Traders Court guilty vote against this company. The FPA recommends caution dealing with Vortex Assets unless this issue can be resolved.
Website is down. Company seems to be out of business.
Vortex Assets is part of a group of websites tied to Black Parrot Limited and Blonde Bear OU. Sites which are part of this group include tradesprime.com, investmib.com, tradex1.com, tradedax.com, trade111.com, marketgbp.com, mib700.net, vix500.com, cac400.com, and vortexassets.com.
VortexAssets.com
SCAM
SCAM
1 • 7 REVIEWS

Recent User Reviews of VortexAssets.com

J
Jxjxlee
Malaga, Spain,
Apr 20, 2017,
Registered user

Scammers

I invested 1000€ at vortexassets, because of the nice bonus. Since i know many traders I also offered one friend of mine to try it, before i refer more friends. My account manager said I would receive 10% of my friends first deposit. Everytime they come with false promises or delaying the process. The first time I wanted to withdraw money, they kept declining my papers. Finally when i got the papers she stopped contacting me through mail and stopped answering my phonecalls. I eventually called to uk. Still waiting on my money. Below are some mails i received:

"I have sent you money 7 days ago, last four digits of your card 0641. Amount od 100 eur for one client of 1000"

"Today I can give you 2 operations risk free for any investment of 500e and I can put your comission on balance if you want.
So you can start trading with 2 positions from december , where you lost money just risk free , plus 2 new to protect account , 200% of bonus and 100e of comission.

Let me know, its Easter time, we really have good bonuses and opportunities.

Let me know,

They will only contact you to scam more of your money. When it comes to withdrawals, you wont be able to find them. These people are worldwide scammers. Please let someone find these people and bring justice and help those people who lost big amounts of money.
S
Sumanv
Singapore,
Apr 19, 2017,
Registered user

Issue escalated to Traders Court Sumanv vs vortexassets.com | GUILTY
Hello Sir/Madam, This is to bring your immediate attention to one of the trading company named Vortex Asset. I become part of Vortex asset group in January by transferring 10K USD to become a member. As per agreement /document they will execute the trade on my account and they will charge the monthly fees of 35% on the total profit for each month. In February everything worked as per planned. My account had a profit of $1551.44 and they deducted the performance fee of $469.23. Everything was working till mid- March. As per the agreement the account holder can withdraw on quarterly basis as per the profit accumulated in the trading account. And April 1st being the first withdrawal stationed for my account.
As soon as I showed interest to withdraw the profit they started executing trades in huge loss. And now the balance has gone down and hit the principal amount. I initially thought win or loss is a part of trade but what we observe here is that they are intentionally executing the loss trades. It clearly visible from the Lot size they are trading. All my profit trades are for small lot size (like 1.39) but the loss trade lot sizes are above 2.5. Further enquiring they are asking me to opt for insurance cover- however the details of the insurance company are not being revealed. They are asking for 22% of the equity amount to buy the insurance. I am surprised which trading company provides insurance to cover the losses. I even asked them to stop executing the trade on my account and in reply they gave me another form called CTO – Cession trading Option. As per CTO they will stop executing the trades for one year but will hold the money for one year. Further enquiring about what will happened to the money after one year – their reply is the money will back in trading account. So basically they are not ready to return the money.
There is a clause that to close the account anytime within 12 months with 15% additional penalty on the profits. I was ready to follow the same but they keep asking me to sign the CTO. Currently my balance is $9344.62 which is below my initial investment of 10K. I would like you to take immediately draw your attention to the trading scam company and save investors who are in same boat as me. There are around 150 investors from Singapore stuck with Vortex asset scam. Please feel free to contact me to get more details.
S
savana
Malaysia,
Apr 13, 2017,
Registered user

yes please be caution with this broker. Thier contact number is just for formal purpose only. New reply from them.
J
JJ123
Singapore,
Mar 6, 2017,
Registered user

Issue escalated to Traders Court JJ123 vs vortexassets.com | GUILTY
They won't return my money. Constant delays, lies, and excuses. Do not deal with this company.

Feb 24, 2017 - No Rating My rating has been premature as I am only able to withdraw funds from 1st April on my account. There was some misunderstanding with this. Hopefully, I can offer five stars in the near future!

Feb 10, 2017 - 1 Star I am concerned at how long it is taking for my account to be closed and for my investment and profit to be returned.
S
sewdasst
Durban, South Africa,
Mar 3, 2017,
Registered user

VortexAssets have just scammed approx. 60 people in South Africa of their monies. The Account Manager Noor Al Shimary, Lara Mancini Simoeni and William Winas are all Fraudsters and we don't now what recourse we have? Could someone please advise? Thanks
A
Anonymous
South Africa,
Dec 13, 2016,
Guest

Vortex Assets a scam

Vortex Assets is a scam. They scammed me out of $500. I have trying to get hold of them for the past 2 months. They are not returning my calls and emails. As soon as they got my investment they pretended to be too busy to answer emails or phone calls. I made a withdrawal 2 months ago and was advised that I would get my money in 2 to 5 days. It's now 60 days and still no answer. They have run out excuses. Let's stand together to eradicate this cyber crime. Please people do not invest with them. It is a scam.
A
Anonymous345
Singapore,
Sep 22, 2016,
Guest

Complex business. Easy deposit, hard withdrawal.

They changed names for quite a few times already. The most recent one they renamed their company from EU Trading Group to the current Vortex Assets, during the Brexit announcement. When I email them my withdrawal application, they did not reply a single mail, even after a month. Their local representatives kept trying to persuade me not to withdraw. They trade Apple stocks too, opening with trades lasting only from seconds to minutes. How is that possible??