UFXmarkets will not give you back your money

[firas666]

I open my account with UFXmarkets two months ago. I got assigned to account manager Kamal Soliman. Upon some serious losses, due to horrible recommendations by Kamal, I decided to withdraw my money (final balance: 2990$). On the platform it says that all withdrawal requests must be submitted to the account manager, so I emailed him asking for my money to be withdrawn to my credit card. He didn't respond. I tried calling him, but the person who answered his extension said he'll call me back. And this has been going on for three weeks now! I have not received one call or email from him. The billing department doesn't answer my calls or emails either. Every other extension I try tells me he will call you back, but he never did.
Another account manager (his manager supposedly) contacted me and tried to convince me to deposit more money. When I told him I want to withdraw my money he just hung up!
I don't know what more I could do except file a court case.

Firas A.

 

[Romeo]

Notify them about this thread. Start a court case here at FPA, so that you can submit all the evidence.

 

[forexia]

Notify them about this thread. Start a court case here at FPA, so that you can submit all the evidence.

Also, leave them 1 star review in UFXBank/Markets page

I wonder when this company will finally get the "scam" stamp from FPA.

 

[Pharaoh]

Generally, a full scam finding requires losing a few traders court cases or doing something really wild.

Based on what I've seen, UFX has been dancing on the edge of getting a scam finding for a long time.

 

[AsstModerator]

I've just sent an email to UFX inviting them to address this issue.

 

[Ntama Derick Mathatho]

I opened the account with UFX Markets, about 3 months ago and made grate loss, I don't blame anyone but my self, so I was thinking of depositing $4000.00 more,looking to forward to invest with them but the information am getting here makes me wonder,I have never tried to withdraw though. thanks for the info.

 

[Pharaoh]

I recommend waiting and seeing if they can resolve some of the complaints here before putting any money with them.

 

[Romeo]

I opened the account with UFX Markets, about 3 months ago and made grate loss, I don't blame anyone but my self, so I was thinking of depositing $4000.00 more,looking to forward to invest with them but the information am getting here makes me wonder,I have never tried to withdraw though. thanks for the info.

When you started trading with them, did they give you some advice on how to trade?

 

[forexia]

I've just sent an email to UFX inviting them to address this issue.

Any updates?

 

[Pharaoh]

Firas,

Go here and follow the instructions carefully:

Forex Scam Resolution and Trader's Money Recovery