FXVV.com Review

1.089 • 12 REVIEWS
Out of business
Updated: Apr 13, 2022
FXVV is a forex broker. FXVV offers the MetaTrader 4 and MT Mobile global forex trading top platforms. FXVV.com offers over 20 of the most traded currency pairs, and commodities for your personal investment and trading options.

There is an FPA Traders Court GUILTY verdict against FXVV.  The FPA recommends a high level of caution dealing with this company unless this issue can be resolved.

IBs include FXVVIndonesia.com

Website is down. Company seems to be out of business.
FXVV.com
Out of business
1.089 • 12 REVIEWS

Recent User Reviews of FXVV.com

M
moji
, Iran, Islamic Republic of,
Nov 30, 2013,
Guest

Im desperate and I do not know what to do. I did not do my homework first. But I do not know how come this site is not rated as scam officially and taken down. The reason I didn't suspect them was the fact that I used them before and everything was fine as I was a loser.

Here is the complete story.
Maybe it is too late for me but this may help others.
I used this broker 3 times. Once in 2012 and everything was alright. great conditions. highest leverage, fast execution, low spread and no requote. Support was very fast. Mostly Adam himself.
I found no bad reviews about fxvv at that time either. I never had any profits. Maybe. That was why.

I deposit some small sum in June and July, too.
Still had no issues except for deposit which took 1 day through Perfect money.

last Tuesday I decided to deposit once more and I didn't check anything as I had used them before and now I notice I have no deposit in my account.

It is not a big amount just 100 $ but it is my hard-earned cash which I decided to use after improving my fx skills so I am very upset. I checked all the reviews and everything is suspicious!

None of their emails not working.
Adam not answering his email and phone in UAE is invalid
Now I guess I had no issue cuz they made me lose and as I was a loser I never asked for withdrawal.
I am now almost sure it is a total scam or totally out of business running away with people's money.
But why is the website running? Why emoney sites still approve them?
Is there anyway to complain?
Maybe there is a way we can stop them if we cannot get our money back!
I would appreciate if anyone can help me take a legal action.
T
Tim Needham
Winston Salem, USA,
Oct 22, 2013,
Guest

I'm going to have to rescind my 5 star rating. They are still refusing to send me any money in spite of a criminal investigation.

2013-10-09 5 Stars The 5 Stars are provisional. I just got this from FXVV.com

Hi..

Sorry for delay and that not means we don't want to pay. I would like to inform that Aldemir ( our staff ) not longer working with us and that why I can't send money and receive money by western union anymore.
I would like you to request your withdrawal by bank wire.

No longer send money to Aldemir in future.
Thank you.

2013-10-08 1Star The best trading terms of any broker I know of but ask for a withdrawal and you get thundering silence.
info@dubaided.gov.ae is the place to file a complaint.
G
Gerg Kovacs
Debrecen, Hungary,
Sep 1, 2013,
Guest

Stay away this company!! I can't withdraw my profit and my deposit too. They stole all my money!!
T
TC
, Canada,
Jul 28, 2013,
Guest

ABOSOLUTE SCAM BROKER. aka. Bucket shop. No regulation. Adam Harris an associate for FXVV has been playing games and stalling to process my witdrawal. I did everything he had asked me for via email.. and its been over 20 days and nothing.. No reply for a over week on progress of withdrawal. STAY AWAY!!
A
AL
DC, USA,
Jul 13, 2013,
Guest

THEY HAVE STOPPED OFFERING LIVE SUPPORT i cant believe it ...AND I DEPOSITED MONEY AND THEY HAVE NOT UPLOADED MY ACCOUNT 4 days now....they ignore emails nd there is nobody to reach out to,,,,complete unethical behaviour,IM LEFT WITH THINKING FR NEXT STEP ....PLZ DO UR HOMEWORK B4 ...being a client
H
huan
tphcm, Viet Nam,
Jul 8, 2013,
Guest

Please think twice before you open or continue trading with FXVV. Early Feb of this year, I opened 3 accounts testing out 3 strategies funding with the same bank card. Two accounts did not work out and I lost some capital in these 2 accounts. The 3rd account managed to rack up thousand of profits (10k). 5 months after the funding all 3 accounts with $100USD on July 1, my 3rd account's trading privileges were disabled without any warnings and the other 2 accounts are not disabled. I'm not able to put SL's or close any of my open existing positions. I have tried in vain to email or chat with them to find why my account is put in that position. I have also emailed them to close down my open positions since I cannot manage the risk on it. They have totally ignore and left my account exposed to risk. Apparently, they are not a non-dealer desk as advertised but are trading against traders. Consequently, they do not like winning accounts.
P
Pham
, Viet Nam,
Jul 7, 2013,
Guest

Issue escalated to Traders Court hp69flva vs WWW.FXVV.COM | GUILTY
Please be aware of this forex firm. I opened a 3 small accounts with them in early Feb to try 3 different type of trading strategies. On 2 accounts, I lost out since the strategies did not work out. On the 3rd account, I ran this account up to several thousands in profit. This past week, without any warning they disabled trading in my account - the existing open positions are still opened. I have tried in vain to email and chat with them on why I'm not able trade my account. I also have asked them to close my existing open positions. Still it has been a week, and my account is unable to trade (i can access and see it) and still no responses from them. They claim that they are a non-dealer desk, but it looks like they are trading against traders and do not like having winning account.
A
Atta Muhammad
Pakistan, Pakistan,
May 14, 2013,
Guest

Scam Scam Scam Away from Fxvv.com when i make resign from this company as my clients was not happy due to not paid on time so after my resign they steal my money $1300 even my profit share plus trade commission i am scared this company can run away as not registered and not regulated.......
D
dami
jakarta, Indonesia,
Oct 30, 2012,
Guest

i dont believe. unregulated broker and ex intelfx ( scam )
M
Milgita
Lithuania (Really FXVV in UAE),
Oct 23, 2012,
Guest

Very nice broker because of low spread, scalping, no commissions, no requotes, no dealing desk and because allow scalping

Review Moderation Team Note: This review was submitted from FXVV's offices in the United Arab Emirates. This is the same location that the review claiming to be from "Marie, Philippines" came from.

Per FPA policy, the 5 star rating on this review has been changed to Zero stars.

The FPA does not appreciate review spammers.