ISGXchange OR IG Options Exchange SCAM

Htckns

Private
Messages
26
Hi All,

I am also another victim of this firm. Following are the points I'll like to raise.

1) Misrepresentation : The company claims to have offices in UK and Denmark however FCA has already confirmed in its unauthorised binary trading firms report that the UK address is not correct. I've been in touch with Danish FSA and based on the information provided by them it is clear there is no such business registered in Denmark.

2) Breach of contract: The terms of the account with the company required them to place minimum number of trades per week by 'traders' however the account has had next to no trading since December! In spite of numerous reminders they've not replied back with answer or resolution to this query.

3) I was mislead into signing up for 'strategy' and paying substantial amount towards it only to see nothing happen to the strategy and the funds being 'locked' up and I am unable to withdraw.

3) The company has used various tactics to ensure I do not withdraw funds - even though it was pre agreed 5 months back! The usual corporate funding requirements, the account manager is under review etc...

It's been a torturous few months since I got to know of what the firm is up to. Along with other victims atleast we now have a common voice to challenge against such industrial scale fraud. I've invested £ six figure of my savings with them and will fight tooth and nail to ensure every penny is returned while ensuring the perpetrators of such crime are brought to justice.

I have screenshots, voice recording and other evidence to prove my case. Please let me know what next steps to take.
 

Htckns

Private
Messages
26
Hi,

I believe the moderators generally ask for account number. I've looked at the website and can only see a number on the refer a friend URL that come up as 261. Let me know if this helps.

Thanks in advance
 

FxMaster

Lt. Colonel
Messages
9,529
D
Hi,

I believe the moderators generally ask for account number. I've looked at the website and can only see a number on the refer a friend URL that come up as 261. Let me know if this helps.

Thanks in advance
Did you send them an invitation to join the thread yet?
 

Htckns

Private
Messages
26
D

Did you send them an invitation to join the thread yet?
Hi,

Emailed the link last week. Reply back was 'do not feel obliged' to send such links. They are only focusing on points they want to focus (i.e. meet the terms of corporate funding/bonus) and ignoring other valid concerns (one of this is on answer on why trading has stopped on the account) I have been raising since last 4 months. This apparently is the case with other clients as well.
 

FxMaster

Lt. Colonel
Messages
9,529
Hi,

Emailed the link last week. Reply back was 'do not feel obliged' to send such links. They are only focusing on points they want to focus (i.e. meet the terms of corporate funding/bonus) and ignoring other valid concerns (one of this is on answer on why trading has stopped on the account) I have been raising since last 4 months. This apparently is the case with other clients as well.
The Try FPA traders court case against them.
 
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