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What happened with Swiss forex trade such as Crownforex?
Crownforex, a Swiss based forex broker, made many investors and traders lose money accidently and ignored their clients' withdrawal requests for months since Oct. last year.
I have used them less than 2 months till now but I have very sad experience with this broker. They reduced me $50.0 usd after I first made deposit into my real account and get some profits for no reason. They sent me a balance sheet and caculated my total ammount for wrong.
They NOT ONLY deleted my 7 benificial orders in trading and made me lose my big profits of USD 403.00, BUT ALSO ignored my 7 positions set previously, their platform didn't execute my orders at all which would have definitely got $322.0. It is to be known that the price 1.3390 I set as position close appeared in 20 minutes after my positions were opened and repeated many times.As a final result my orders were in 1500 USD floating loss.
They ignored my withdrawal requests time and time so that I lost my trade and also couldn't have withdrawed my money till now.
Ms May Zhang, one CE of the company, has told me they would made my noney withdrawed by 8th Jan. when their account will acturally be open after the Swiss Federal Banking Commission decided whether the company would get an authorization. But when I sent my withdrawal request, I had been ignored till now and they gave another time limit of end Jan.
My suggestion is that Don't believe them and their promise. Their tactic is to get more fundings in and before they skip out, they can get money in as much as possible. I will continue to struggle for my right and would like to hold all their clients' hands who have been wounded by the company, in order to save our deposits.
I would like to ask whether Swiss is a financial security country, why FPA hasn't accounced any results about the investigtion and how they will resovle the problems that a broker without an banking license can be operated for that a long time against trade regulation?
Crownforex, a Swiss based forex broker, made many investors and traders lose money accidently and ignored their clients' withdrawal requests for months since Oct. last year.
I have used them less than 2 months till now but I have very sad experience with this broker. They reduced me $50.0 usd after I first made deposit into my real account and get some profits for no reason. They sent me a balance sheet and caculated my total ammount for wrong.
They NOT ONLY deleted my 7 benificial orders in trading and made me lose my big profits of USD 403.00, BUT ALSO ignored my 7 positions set previously, their platform didn't execute my orders at all which would have definitely got $322.0. It is to be known that the price 1.3390 I set as position close appeared in 20 minutes after my positions were opened and repeated many times.As a final result my orders were in 1500 USD floating loss.
They ignored my withdrawal requests time and time so that I lost my trade and also couldn't have withdrawed my money till now.
Ms May Zhang, one CE of the company, has told me they would made my noney withdrawed by 8th Jan. when their account will acturally be open after the Swiss Federal Banking Commission decided whether the company would get an authorization. But when I sent my withdrawal request, I had been ignored till now and they gave another time limit of end Jan.
My suggestion is that Don't believe them and their promise. Their tactic is to get more fundings in and before they skip out, they can get money in as much as possible. I will continue to struggle for my right and would like to hold all their clients' hands who have been wounded by the company, in order to save our deposits.
I would like to ask whether Swiss is a financial security country, why FPA hasn't accounced any results about the investigtion and how they will resovle the problems that a broker without an banking license can be operated for that a long time against trade regulation?