FxGLORY SCAM!!!!

[Anatoly M]

Fxglory continue ignor...

 

[wilfredoaa]

I have account in FxGlory number 46321. I made deposit 1000$ use Skrill 24 november 2017.After some time and made a profit of $2334. 8 december i made request withdrawal my profit 2334$. But Fxglory rejected my request and canceled all my profit 2334$.They told me I broke rule 4.12.I believe they cancelled my profit is illegal and just return my initial deposit 1000$. Also before that I had another account in my FXglory profile. On that account, I had previously done a completely identical trade after which I paid profit fxglory, they did not say and did not warn that I was violating the terms of the agreement and just paid me a profit.But the second time after my successful trading they just cancelled all my profits.I demand that FxGlory return my profit 2334$!

Their answer
Hello Dear Client,
Some of your profit was removed according to rule 4.12 from User Agreement which states:
According to our liquidity providers’ reports and also Fxglory head quarter’s decision, Fxglory chooses to be a fixed spread Forex brokerage. Fxglory ensures clients that we will not make spread wide on the low volume market hours. It is obvious that the trades which are made during those hours by the means of misusing this opportunity will not be guaranteed. In case of abusing, account will be closed and the deposited amount will freeze for 90 days.
Regards,

I have account in FxGlory number 46321. I made deposit 1000$ use Skrill 24 november 2017.After some time and made a profit of $2334. 8 december i made request withdrawal my profit 2334$. But Fxglory rejected my request and canceled all my profit 2334$.They told me I broke rule 4.12.I believe they cancelled my profit is illegal and just return my initial deposit 1000$. Also before that I had another account in my FXglory profile. On that account, I had previously done a completely identical trade after which I paid profit fxglory, they did not say and did not warn that I was violating the terms of the agreement and just paid me a profit.But the second time after my successful trading they just cancelled all my profits.I demand that FxGlory return my profit 2334$!

Their answer
Hello Dear Client,
Some of your profit was removed according to rule 4.12 from User Agreement which states:
According to our liquidity providers’ reports and also Fxglory head quarter’s decision, Fxglory chooses to be a fixed spread Forex brokerage. Fxglory ensures clients that we will not make spread wide on the low volume market hours. It is obvious that the trades which are made during those hours by the means of misusing this opportunity will not be guaranteed. In case of abusing, account will be closed and the deposited amount will freeze for 90 days.
Regards,

They just did too me too..waiting for them to show me prove of the violations and I have myfxbook trading history. I don't think this company can't afford to loose.

 

[Anatoly M]

They just did too me too..waiting for them to show me prove of the violations and I have myfxbook trading history. I don't think this company can't afford to loose.

Yes, they 1st class scam!

 

[SoniNew]

At least you didnt lost any of your own money.
seems like they are not going to give you the profits :\
update us if anything changes. good luck!

 

[Anatoly M]

At least you didnt lost any of your own money.
seems like they are not going to give you the profits :\
update us if anything changes. good luck!

Ok

 

[Tom Hale]

You must understand, any broker and especially non regulated brokers is in no position to fund your withdrawal and most certainly most do not honor large withdrawals. You basically gave your money to a bucket shop broker. Lack of regulation should be a red flag to avoid them..that's just common sense.

Stick with heavily regulated brokers. At least you have banks and regulators working to protect you to a degree.

 

[4evermaat]

You must understand, any broker and especially non regulated brokers is in no position to fund your withdrawal and most certainly most do not honor large withdrawals. You basically gave your money to a bucket shop broker. Lack of regulation should be a red flag to avoid them..that's just common sense.

Stick with heavily regulated brokers. At least you have banks and regulators working to protect you to a degree.

You have a point, but majority of victims are actually triggered by their gambling/greed impulse to deposit.

Regulation has some merits, but the majority of FPA victims do not study the limitations of the regulation, or the underlying business model of the brokerage. If they did do any of these things with honest investigation, the scam alerts folder would be much less busy.

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