Traders beware!!! BFOREX LIMITED is a big SCAM! I deposited money with them and made profits for 5 months. But when I tried to make my first withdrawal, they froze my 15K account and cancelled my trades.
They refused to discuss the matter or give any explanations, and simply stated that “you know what you’ve done” and “you’re free to take any action you like”. I guess they think that retail traders like me will simply give up and not bother to pursue them anymore.
If you read other reviews on Bforex in the Broker Review section, you will see that there are other similar cases - traders who made profits had their accounts frozen and profits cancelled.
I wonder why this kind of SCAM broker can still survive and have new customers. I will file a complaint with FPA and pursue all necessary actions to get my funds back.
They refused to discuss the matter or give any explanations, and simply stated that “you know what you’ve done” and “you’re free to take any action you like”. I guess they think that retail traders like me will simply give up and not bother to pursue them anymore.
If you read other reviews on Bforex in the Broker Review section, you will see that there are other similar cases - traders who made profits had their accounts frozen and profits cancelled.
I wonder why this kind of SCAM broker can still survive and have new customers. I will file a complaint with FPA and pursue all necessary actions to get my funds back.