I totally agree that binary option brokers are a scam even being regulated byM CYSEC which this regulatory body is also not doing enough to protect individual investor. I was SCAMMED by Banc De Binary which is regulated by CYSEC off USD 5K in 4 trades. I resorted to do charged back raising the...
This is great news and thanks to FPA for the acting without fear or favour for the cause of justice. keep up for there many more, even those brokers presumably regulated but still default to cheat clients of their money.
l sympathise with your case. Even if they are regulated, the so called account manager will twist and trick you to lose all the money. l had not submitted my case but had a similar experience with Banc De Binary which is regulated by CYSEC but is a SCAM and a FRAUD as well tricked me into...
Hi Warroh, good for you that you get money back. Some consolation, I had been scammed of total USD 180,000(deposits & profits) in 2 cases without a single cent back even though both the scammers (Prime FMS & NEWTRADEFX) were being voted guilty by FPA and they are still at large continue to...
GREATfor US citizens but not so great as there are many frauds and it goes beyond USA at much faster pace. It may deter them to lure US clients and switch to EUROPE & REST OF THE WORLD which such victories l believe do not apply. Correct me if l am wrong. Any possibility such success be...
dear Assistant Moderator,
would it not be good to publish all the guilty cases in the face book, twitter and you tube to go viral that all general public would be made aware of these scammers before they fall into the trap. many people receives cold calls and new traders are ignorant about FPA...
l share your frustration why such frauds and scammers still at large even after complaining to the legal enforcement authorities and even after proven guilty in FPA. Seems no legal actions against such people. l had been cheated twice and other brokers l traded before like Plus500 and X-forex...
Hi Ayman, suggest you lodge police report on fraud with www.actionfraud.uk.com and write to FCA if they are legal and get your bank to charge back if transaction is within 6 months. With all these proofs submittted to bank and pressure your bank to charge which is your right because bank...
Dear feaisland55,
I am travelling outstation and have difficulty to log on the web to reply you through my mobile, so had requested my friend scamwhistle to reply you on my behalf so that you can have a better understanding.
My account was wiped out to ZERO equity and no open positions and...
Original FPA Traders Court Submission:
I am submitting the case against: NEWTRADEFX.COM
My Case is: My name is Samuel soon.
I was defrauded with lies that they are FCA regulated into depositing 3 times to a total of USD$6500.00 from early February 2015 to mid 2015 with empty promises from...
Hi Major,
Thanks for the guidance. l had submitted the review a couple of days back with 1 star rating under the "add new site" link and had a prompt said under review for about 3-5 days at the end but till now still could not see it posted. Submitted again from your link above under submit...
hi Major,
1) Can l know how to go to the FPA reting system to find newtradefx.com broker and give a 1 star rating?
2) Can l rise a traders court case against newtradefx.com now?
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