• Please try to select the correct prefix when making a new thread in this folder.

    Discuss is for general discussions of a financial company or issues related to companies.

    Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"

    Compare is for things like "Which of these 2 (or more) companies is best?"

    Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"

    Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
    Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.

    More info coming soon.

Discuss 24XForex.com

General discussions of a financial company
Hi,
Just want to share my story so that no one else can be trapped.
I was approached by a broker 24xforex with an offer to deposit $250, and we started strading. It was quite successful, they offered then to increase the input, and then again and again. When we reached $6000, their advice on certain deals were an epic failure resulting in losses. But they’ve always mentioned the insurance, so I was calm the losses were protected. BUT To get money back they asked to invest a further $6000 (never mentioned before), which I did and it didn’t help, although previously they guaranteed money back in half an hour. Now they want $9000! Absolute scam! They rip off honest people who believe what they say, they are professional scammers and sound very confident. My advisor was Mark Baum - never ever trust him or anyone from 24xforex, please believe me, this company is FRAUD! FRAUD!! FRAUD!!!
 
Hi man,

have you tried to retrieve your money back? My father have similar experience, they've scammed him for 20000 dollars. I would like to retrieve the rest of the money back from the 24xforex account, but i don't know how.

I am thinking about using service of activerefunds.org, but am not sure if its not another scam. Is there anyone who has experience with companies as activerefunds.org? Is it a legit way to retrieve your money from scam brokers?
 
Hi man,

have you tried to retrieve your money back? My father have similar experience, they've scammed him for 20000 dollars. I would like to retrieve the rest of the money back from the 24xforex account, but i don't know how.

I am thinking about using service of activerefunds.org, but am not sure if its not another scam. Is there anyone who has experience with companies as activerefunds.org? Is it a legit way to retrieve your money from scam brokers?
Hi,
I’m so sorry your father has been through this!
We haven’t managed to retrieve the money, we filed a complaint to FCA, also have a case in the police, but that awful scammers are still operating, their website is live and they even replied to me on TrustPilot - “please contact our customer service for support”!! How disgraceful they are!
We have been approached by many other scammers offering their help, but FCA has warned: all of them are absolute scammers if they ask for advance payment. Only no win no fee might help, but we haven’t found anyone. If you know someone, please let us know.
 
Hi,
My mum's in this thing right now too, we've been in this thing for about a week. The story is very similar, we started 250 euros (our currency), at first it went pretty well, but as of today we had epic failures and we've shut all of the "trades" down, so we wouldn't lose our money we put in (we put in 10000 euros in afterwards). The consultant then said we did a rlly bad thing. I honestly don't know what to do, I'm in stress and I'm worried, I've had a bad feeling about this. Of course I've informed my mum and I advised her to call the bank? Any other advice you could perhaps give?
 
Hi,
My mum's in this thing right now too, we've been in this thing for about a week. The story is very similar, we started 250 euros (our currency), at first it went pretty well, but as of today we had epic failures and we've shut all of the "trades" down, so we wouldn't lose our money we put in (we put in 10000 euros in afterwards). The consultant then said we did a rlly bad thing. I honestly don't know what to do, I'm in stress and I'm worried, I've had a bad feeling about this. Of course I've informed my mum and I advised her to call the bank? Any other advice you could perhaps give?
Hi,
I am so sorry it has happened to your family ((
We have contacted our bank and reported the scammers, they replied with a negative answer, but then we turned to the Financial Ombudsman, he’s trying to sort it out.
Meanwhile, we posted our honest opinion about the scammer to TrustPilot, and these scammers replied: we’ll contact you to resolve the misunderstanding. They did contact us and instead of helping they started threatening that they would take more money from us!! My advise: please kindly write about them on TrustPilot, this is something that can prevent other people from being scammed.
Our review: trustpilot.com/users/5ead83250c79cd4080c9f235
And please contact your Financial Ombudsman.
All the companies that promise to help and ask for an initial payment are also scammers, watch out!
And please be happy you haven’t invested that much as we have.. take care!

FPA Review Moderation Team Note: We hope all their clients also leave them a review at the FPA...

https://www.forexpeacearmy.com/forex-reviews/18560/24xforex-forex-brokers
 
Last edited by a moderator:
Hi,
I am so sorry it has happened to your family ((
We have contacted our bank and reported the scammers, they replied with a negative answer, but then we turned to the Financial Ombudsman, he’s trying to sort it out.
Meanwhile, we posted our honest opinion about the scammer to TrustPilot, and these scammers replied: we’ll contact you to resolve the misunderstanding. They did contact us and instead of helping they started threatening that they would take more money from us!! My advise: please kindly write about them on TrustPilot, this is something that can prevent other people from being scammed.
Our review: trustpilot.com/users/5ead83250c79cd4080c9f235
And please contact your Financial Ombudsman.
All the companies that promise to help and ask for an initial payment are also scammers, watch out!
And please be happy you haven’t invested that much as we have.. take care!

FPA Review Moderation Team Note: We hope all their clients also leave them a review at the FPA...

https://www.forexpeacearmy.com/forex-reviews/18560/24xforex-forex-brokers
See now, the "consultant" called and they said we have to give them back 9000 euros, because we closed the trades and that was "the companies money' if i understand correctly. The one thing I don't understand is why can't they transfer our balance money, as it our's and we put them in. And then give back that money and it all ends. My mum has contacted the bank and they said they'll speak to the trading platfrom and someone from there should call. It genuinely seems to me like they're just trying to force more money out of us and to push us into taking more loans. We're also thinking of contacting the police so we can file a complaint.
Also did u give them the 9000? I genuinely feel like I don't know so much.
 
Last edited:
See now, the "consultant" called and they said we have to give them back 9000 euros, because we closed the trades and that was "the companies money' if i understand correctly. The one thing I don't understand is why can't they transfer our balance money, as it our's and we put them in. And then give back that money and it all ends. My mum has contacted the bank and they said they'll speak to the trading platfrom and someone from there should call. It genuinely seems to me like they're just trying to force more money out of us and to push us into taking more loans. We're also thinking of contacting the police so we can file a complaint.
Also did u give them the 9000? I genuinely feel like I don't know so much.
The thing is that we had the “negative balance insurance” that was supposed to cover all the losses in case the “consultant” could be wrong with his advice. Which actually happened to us and somehow this insurance didn’t work!! To enable the insurance they asked for £7000!! Can you imagine that?.. scammers.. and I am really upset they’re still scamming other people!!
 
The thing is that we had the “negative balance insurance” that was supposed to cover all the losses in case the “consultant” could be wrong with his advice. Which actually happened to us and somehow this insurance didn’t work!! To enable the insurance they asked for £7000!! Can you imagine that?.. scammers.. and I am really upset they’re still scamming other people!!
We have positive balance. I'm in distress, I genuinely don't know what to do, our bank said that the fact they allowed this seems very likely it's a scam. But apparently, it's hard to check whether it is or not... Our consultant called and now she said in order to finish this, we don't need to pay, we just need to work further... I don't know who to believe?
 
We have positive balance. I'm in distress, I genuinely don't know what to do, our bank said that the fact they allowed this seems very likely it's a scam. But apparently, it's hard to check whether it is or not... Our consultant called and now she said in order to finish this, we don't need to pay, we just need to work further... I don't know who to believe?
Just be very careful. We had the positive balance of 27000 USD before they started with their fraud. Contact your Financial Regulator and check this company. I can see now on their website that they changed the company’s address. In March it was Paco Systems LTD registered in London from December 2020, with the contact phone number in the UK - and now it’s the address in Switzerland, and the phone number is in Switzerland. I don’t think honest and reputable companies change their legal names so frequently. Watch out! Contact FCA. I wish we had before spending the fortune ((
 
Back
Top