24xforex are scammers

Helpme

Recruit
Messages
2
24xforex are scammers, the continuous calls started with Daniel Baker in March 2021, he lured me into depositing $250, he told me I would have a financial advisor Adam Whiteman who would advise me on the trades to take and teach me a couple of things about trading, I doubled the 250$ within a day, he then adviced me to invest more and he could help me increase my investment. As a result of the pandemic I had lost my job and this seem like a good solution not knowing I was a victim for their evil acts. After a week or so they changed my advisor to Diana Francis, she came across as very nice and helpful, she will occasionally placed trades on my computer through anydesk, I would tell her I’m not comfortable with the huge lots sizes but she will reassure me that I had enough free margin to cover the positions. Whenever my margin level goes below 100%, she’ll give me a credit for a day or two to hold the trades and requested that I cover the credits so that I don’t lose the money. I had invested about $2000 and now have a profit of $4000. Although a lot of trades were opened with high negatives.



Diana adviced that they were offering a 2 weeks Risk Free Trades if I invested $5000, she told me to get a loan and I would be refunded if there were any loss. I deposited the $5000+ and finally my account balance was about $15000, with about $9000 in my free margin. I requested for a withdrawal and I noticed within 20 minutes all the open trades went to large negatives, Diana asked to look into my online banking account, she tried to request for more loans and later opened a credit card account and pressured me into registering for a credit card loan. She added a credit of $3000 to hold the trades. My account number with them is 2109800189.



They are now threatening me that until I deposit money to cover the $3000 credit on my account I won’t be able to withdraw. Bear in mind that my account balance is now $22,000. Thé profit ive make now on the account is $14,000. Thé free margin on the account is $10,000. I can’t believe how evil these people are.

They manipulate the trades, faking high negatives. They make it so difficult for withdrawals. They insist I have to deposit money from my credit card before i can place a withdrawal. I need them to give me my money.



I will make sure I go all length to ensure this broker is painted black on the pages on newspaper and social media.
 

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ViPaTel

Private, 1st Class
Messages
50
Have you asked them if it is possible to cover the fees from your profits? Maybe you should try to withdraw the same initial amount you deposited?
 

Helpme

Recruit
Messages
2
I have tried to withdraw my initial deposit. They are insisting I deposit $3000 before I can withdraw any money .

They are really manipulative and rude. I really need assistance on how to get my money back.
 

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The Punisher

Sergeant Major
Messages
566
24xforex are scammers, the continuous calls started with Daniel Baker in March 2021, he lured me into depositing $250, he told me I would have a financial advisor Adam Whiteman who would advise me on the trades to take and teach me a couple of things about trading, I doubled the 250$ within a day, he then adviced me to invest more and he could help me increase my investment. As a result of the pandemic I had lost my job and this seem like a good solution not knowing I was a victim for their evil acts. After a week or so they changed my advisor to Diana Francis, she came across as very nice and helpful, she will occasionally placed trades on my computer through anydesk, I would tell her I’m not comfortable with the huge lots sizes but she will reassure me that I had enough free margin to cover the positions. Whenever my margin level goes below 100%, she’ll give me a credit for a day or two to hold the trades and requested that I cover the credits so that I don’t lose the money. I had invested about $2000 and now have a profit of $4000. Although a lot of trades were opened with high negatives.



Diana adviced that they were offering a 2 weeks Risk Free Trades if I invested $5000, she told me to get a loan and I would be refunded if there were any loss. I deposited the $5000+ and finally my account balance was about $15000, with about $9000 in my free margin. I requested for a withdrawal and I noticed within 20 minutes all the open trades went to large negatives, Diana asked to look into my online banking account, she tried to request for more loans and later opened a credit card account and pressured me into registering for a credit card loan. She added a credit of $3000 to hold the trades. My account number with them is 2109800189.



They are now threatening me that until I deposit money to cover the $3000 credit on my account I won’t be able to withdraw. Bear in mind that my account balance is now $22,000. Thé profit ive make now on the account is $14,000. Thé free margin on the account is $10,000. I can’t believe how evil these people are.

They manipulate the trades, faking high negatives. They make it so difficult for withdrawals. They insist I have to deposit money from my credit card before i can place a withdrawal. I need them to give me my money.



I will make sure I go all length to ensure this broker is painted black on the pages on newspaper and social media.
First under no circumstances should you deposit any more money or pay any fees. Any "loans" this company gave you are fake and the sever they had you hook to for the trades is manipulating all of the trades, signals, charts and the account balances you see (profits and losses). Below are some additional details about this broker.

Paco World System Ltd (aka Paco System Ltd) is the official/registered name for 24forex.com. They have a white label license for Meta Trader and they are buying this license from Market Pluse. This means Market Pluse has the real license with Meta Trader and they are selling white label licenses to Paco World and a ton of other companies, see the chart below. Likely many of the other brokers shown as White Labels are also scam brokers! It appears Paco World is registered in the Marshall Islands which has essentially No regulation of brokers but they also have a registration in London. The website has an IP of 172.67.187.148 and three other websites share this same IP.

There are many other reviews online of this broker stealing money from investors so this is definitely a scam. You should start by filing a complaint with the Securities and Futures Commission in your country.

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IP is shared with the following websites
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FxMaster

Lt. Colonel
Messages
10,211
I have tried to withdraw my initial deposit. They are insisting I deposit $3000 before I can withdraw any money .

They are really manipulative and rude. I really need assistance on how to get my money back.
Let's start with adding your story as a review https://www.forexpeacearmy.com/forex-reviews/18560/24xforex-forex-brokers and then follow the below suggestions.

First of all, invite the company by using the invite company option to your thread. And if you are unable to locate the option then this thread "Tutorial: How to Invite a company to your thread." will help you to find out.

Note: The invitation button will be enabled when your first post reaches 4 days old.
Note 2: Make sure to share your account number (Only account number). Many time this help companies to find out you are genuine or not.
Note 3: Make sure to follow the suggestions correctly, when you do it correctly you will get the below message in your thread automatically.

OP Screen shot.jpg
 
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