I'm new in forex market and here. I interest to invest in forex and CFD , and i choice AVAFX in March, 30th . I invest in 1 week and have a profit , i withdraw alreday $1000 with my bank VISA.
They say wait 5 business days. And now they send screen capture of transaction to me , it process in April 11th , but now i don't receive money. This is my first withdraw
After that i withdraw $200 in 5 times by moneybrookers , It's good and fast in 1-2 day , money transfer to my moneybrookers account.
And the last withdraw $700 by moneybrookers in 3 day ago, but i don't receive money in my moneybrokkers account. What happend? Why it's late?
They SCAM or not?
Thank for read ..
i do not feel alone here now and expecting more and more will come, but how long they will do this with clients ? it's looks like they getting reedy to close there business soon.
don't let them go with clients hard earned money........
will you guide me the right way where i go to claim my money .They cannot close their business just like that: they are regulated by the Irish Financial Authority. They are required to keep their clients money in a segregated account. I dont know the legislation in Ireland, but you might want to ask the authorities if there is a compensation scheme if a regulated broker goes belly up.
will you guide me the right way where i go to claim my money .
how do i apply to there regulators ?
thanks,Before you can claim your money, you must first convince the regulators that you were scammed.
You can reach the Enforcement Directorate of the Central Bank of Ireland at +353-1-224-5135 but, if I were you, I d find someone who can explain the matter in a very clear way that the regulator will understand easily. Myself, I dont understand all your posts clearly enough. The regulator will explain the legal steps to take. He will probably tell you to fax a written declaration. Ask somebody who writes english perfectly. It is VERY important to explain the whole matter in a clear way because Avafx will respond to the regulators with their own arguments. Here is one example of a CLEAR letter:
From the period between ( date of first trade ) and the ( date of last trade ) I was a client of Avafx and I entered ( number of trades ) forex spot contracts with them. On the ( date they cancelled your trades ), Avafx cancelled all my trades of the said period under pretense that they were all off-market. I strongly deny their allegations for the following reasons....etc etc
Be clear and get to the point: that s my advice. If you did not use any automated trading system, put it in the letter because it s a strong argument. But, if you did use one, you need to know that Avafx can prove it very easily.
how do i upload my trading log ? it is saved as ghafoor statement.htmSame thing. An email is just as good as talking over the phone and their fax. They ll respond faster if it s an email even. But say on your email that it is for the " Enforcement Directorate "