GUILTY Case# 2017-140 | VKMAZHAGAN vs AXNFX.com

Based on the available evidence, do you believe that AXNFX.com is Guilty?

  • Guilty

    Votes: 63 98.4%
  • Not guilty

    Votes: 1 1.6%

  • Total voters
    64
  • Poll closed .
Original FPA Traders Court Submission by VKMAZHAGAN:
Hi bro, same case here, I have also deposited 16000 USD, every time when my equity is getting low I updated the funds to secure my account...still my complete balance in negative. This company is not at all preferred. I am facing a lot of financial crisis due to axnfx. I never face such difficulty in forex when I am doing with other brokers.
 
Hi bro, same case here, I have also deposited 16000 USD, every time when my equity is getting low I updated the funds to secure my account...still my complete balance in negative. This company is not at all preferred. I am facing a lot of financial crisis due to axnfx. I never face such difficulty in forex when I am doing with other brokers.

Thanks Bro,

AXFNX is a bogus company having local office & bank account at Chennai and cheating customers those who are new to Forex trading. Why don't you try file charge back against them if you made a payment through your Credit card. I filled charge back against them through my bank, awaiting for reply. If not refunded I am going to file compliant in local authorities (SEBI Chennai) and check whether they are authorized to collect money for Forex Trading in India.

Good luck.
 
Hi bro, same case here, I have also deposited 16000 USD, every time when my equity is getting low I updated the funds to secure my account...still my complete balance in negative. This company is not at all preferred. I am facing a lot of financial crisis due to axnfx. I never face such difficulty in forex when I am doing with other brokers.

Get a Scam Alerts thread opened and you can file your own Traders Court case.

GUILTY!
 
Yes here is another one. Asking for more deposit. Can't withdraw what is your own money. Unreasonable trading requirements needed. Poor communications. Hidden rules. Typical scam behaviour. Guilty!
 
Yes here is another one. Asking for more deposit. Can't withdraw what is your own money. Unreasonable trading requirements needed. Poor communications. Hidden rules. Typical scam behaviour. Guilty!

Thanks Bro,

You are right, they don't follow rules and ethics. AXFNX motive is to cheat customers deposit by way of giving wrong deals.
 
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