patiencevirtue
Recruit
- Messages
- 10
Hi guys,
I have given this company a lot of chances, finally I am writing to the FPA after a while of fighting with them, but largely them promising to withdraw and then ignoring me for a long period of time.
Basically what happened is I joined Trade-24 because of a recommendation from a friend who was trading himself there.
A man called Leo was my account manager. I traded myself reasonably but realized it is not something I could invest the time needed.
I initially was coaxed into depositing $77,000 and then a further $50,000 at to try and recoup loses. This was all by following a trader they use at their brokerage.
I got up to $144,000 and Then asked them to stop trading in writing and multiple times and they acknowledged the email but wouldn't close the trades. I was insistent that they close my account and withdraw the funds and that is when they changed towards me, ignoring my emails and when they would reply it would be a stalling tactic.
I was on the phone with them multiple times asking to close trades and they finally did when my account had months later gone down to $70,000.
Even despite them ignoring the request at $144,000 I persisted to get even just my $77,000 or so and they still haven't let me withdraw a cent of my own money.
Certain things I can say for sure about this company, they are not legitimate, interfere with trading, are a dealing desk, will in most cases not allow you to withdraw, act as if they are in the UK but they are based offshore, and use all kinds of cunning to steal your money. I am a realist and know to trade you take risk to make money, risk vs reward, but these are just pure scams and daylight robbery, there is no other way to put it other than they conned me and stole my money and still refuse to give it back.
I am hoping I can reach a resolution with them using the FPA and with some help from you guys,
Thanks so much.....
Some attached emails:
I have given this company a lot of chances, finally I am writing to the FPA after a while of fighting with them, but largely them promising to withdraw and then ignoring me for a long period of time.
Basically what happened is I joined Trade-24 because of a recommendation from a friend who was trading himself there.
A man called Leo was my account manager. I traded myself reasonably but realized it is not something I could invest the time needed.
I initially was coaxed into depositing $77,000 and then a further $50,000 at to try and recoup loses. This was all by following a trader they use at their brokerage.
I got up to $144,000 and Then asked them to stop trading in writing and multiple times and they acknowledged the email but wouldn't close the trades. I was insistent that they close my account and withdraw the funds and that is when they changed towards me, ignoring my emails and when they would reply it would be a stalling tactic.
I was on the phone with them multiple times asking to close trades and they finally did when my account had months later gone down to $70,000.
Even despite them ignoring the request at $144,000 I persisted to get even just my $77,000 or so and they still haven't let me withdraw a cent of my own money.
Certain things I can say for sure about this company, they are not legitimate, interfere with trading, are a dealing desk, will in most cases not allow you to withdraw, act as if they are in the UK but they are based offshore, and use all kinds of cunning to steal your money. I am a realist and know to trade you take risk to make money, risk vs reward, but these are just pure scams and daylight robbery, there is no other way to put it other than they conned me and stole my money and still refuse to give it back.
I am hoping I can reach a resolution with them using the FPA and with some help from you guys,
Thanks so much.....
Some attached emails: