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MaxCFD.com

Discussion in 'Forex Brokers' started by Administrator, Sep 18, 2017.

  1. Administrator

    Administrator Just Administrator :-)

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  2. Redfire

    Redfire Recruit

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    I came across MaxCFD at one of the Stock Trading Forum on 2nd Oct 2017 and wanted to invest in Bitcoin so I enquire and was ask to registered and make a deposit with several option. I chose to deposit with Bitcoin and an amount equivalent of 250 EUR were deducted. Prior to the Bitcoin payment being accepted an agent called and convince me to deposit an additional amount of 250 EUR using my Visa card, making a total deposit of 500 EUR. About two hours later someone from MAXcfd indentify himself as the Manager trading for my account which at that time it is not convenient for me to talk. So after another three hours " the Manager" call back and wanted me to credit an amount of 10000 EUR. I hesitated at first but was convince to deposit half of that amount. I was convince, and proceed to make a deposit of 5000 EUR and without checking on the amount, the automatic minimum figure of 250 EUR instead was deposited making a total deposit for the day of 750 EUR instead of 5500 EUR. Ever since, I have not hear from MAXcfd, I call their office in London and was only make to wait and listening to the chime without speaking to anyone at all. No use communicating with them as they never answer my mail.

    I gave up, and this evening "the Manager" call and said that he had traded my account and made some money and my account now had 800+ Pound. Ever since I have deposited 750 EUR and checking on my balance daily there was no changes. When I receive the call this evening and trying to convince me of the profit he had made for me in the trading which I never authorized. By doing so, he wanted me to make another deposit of 10000 EUR so that I can earn more money. I told him I needed to check my balance first before I commit. He seem annoy and angry saying that I did not trust him. I told him that nobody seem to be answering to my query until he call me this evening and for 10 days I have been kept in the dark, and now he wanted more money to be deposited. True enough of my judgement they are Scammer and my account cannot be open now with the excuse that wrong user name or password. Now everything is gone, I don't even have the chance to withdraw my deposit.

    My wish is that more people will read your forum and not be Scam by these people.

    And be careful, "the Manager" from MAXcfd even ask for my VISA card number and the 3 digit password at the back of the card. He even ask me for the 6 digit number that the VISA card send to my mobile for the authorization. See how desperate these Scammer are. So be very Careful they are really desperate. Poor guys
     
  3. marilynmadella

    marilynmadella Private, 1st Class

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    My account number is 2111419

    On 16/10/2017 I was googling what is Bitcoin. Somehow I ended up on the MaxCFD website ... I thought just to try out buying Bitcoin a bit as an experiment I signed up and bought $500 worth. Literally a minute later I got a call from someone called Max Hudson who welcomed me to Maxcfd. That same afternoon I got a call from their Senior Trader called Chris Rose. A Croatian living in London. He was very polite and informative and told me he would call me the next day to tell me all about Maxcfd and trading. I was happy to listen and the next day took his call, Before I knew it I had called my bank and sent him two payments of $10,000 each. There and then on 17/10/2017 he got me to buy $2,000 worth of ETHERUM and $2,500 worth of LITECOIN. Needless to say I do not know anything about either of them and just followed instructions to click and click again . The next day they showed up as "expired positions" on my account. My $500 worth of BITCOIN also showed up as as "expired position". I have tried asking what this means and am waiting for a reply.
    On 17/10/2017 Chris Rose posted a bonus of $10,000 on my account. and on 18/10/2017 he posted a bonus of $2,000 on my account. I have e-mailed him and told him this is very generous but I really don't want it and can he please take it back. On 18/10/2017 in the morning when I had some time I started googling about Maxcfd and nearly had a heart attack !!!!! If only I had checked this web-site before !!! I immediately spoke to Chris Rose and explained that there is no way I would progress further with anything until he had set up my Withdrawal system and showed me that it is working. I put in a request for $500 with today on 19/10/2017 showed a status of "approved". I immediately put in a request for the $20,000 to be withdrawn also.
    I e-mailed Chris Rose ovdrnight (on 18/10/2017) and informed him that I would like to close my account. Have me $20,000 sent back to me and can he not make any trades at all on my behalf. In our initial conversion on 17/10/2017 he told me that he wanted to reserve 4 Bitcoins for me at approx $5,600 per coin. Fortunately I have not executed these trades and assume he is not going to either. I think he was planning on executing them for me today but I really just want to get out of this as I am extremely anxious and nervous. They have all my Visa Card details, and my passport and proof of address. I live in South Africa but sent them the money out of my U.K bank account. I have advised my bank they they should be expecting the payments to be returned.
    Additionally Chris Rose told me that Maxcfd is fully licensed and regulated by the LTI. I have googled the LTI and cannot find anything. He says they have 800,000 clients all happily trading with them making a lot of money and I have nothing to be worried about. He is very persuasive whist remaining kind on the phone but I am now really really scared. I tried googling him on Linkedin for his professional profile but have found nothing.

    When I try to phone MaxCFD I get the following message "We are sorry but we cannot handle your call at the moment. This is a temporary fault and will be fixed shortly. Please call again in a few minutes time"Can somebody offer me any advice on where to go from here?

    Then today the broker Chris Rose called me back and told me that because had had put two bonuses into my account $10,000 and $2,000 and he made me do my first two trades on the day I opened the account (I was thinking I was trading off the $20,000) I had deposited but he told me today that intact I had traded off his bonus money so in order to liquidate my account I need to trade the volume of trades stipulated in their terms and conditions which when I went to look it up reads as follows " to withdraw your bonus you will be asked to perform a trading volume of at least 30 times for each $1 bonus"

    I never asked for the bonus in the first place and when I told him to take it back he said he can't !!! Oh my God what on earth am I going to do ?? Any ideas most welcome ... .in the meantime I will do nothing and start seeking legal advice .... anybody who can help please contact me ... surely there must be a "cooling off period" ... you can't get into this much of a mess in 3 days

    Marilyn
     
  4. Redfire

    Redfire Recruit

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    I am not sure how they can hack into lots of share trading site and Bitcoin site. I show interest in Bitcoin through "etoro" but ended in MaxCfd with all the instruction to sign in with them, really disappointing the way they control all the innocent investor. The trading manager also requested me to further deposit 10,000 Pound in to my trading account, I am tie up with another appointment so that deposit did not happen. The trading manager was very impatient and rude therefore I google Maxcfd and discover lots of scam activities happening. Will find way to report them so that investors will not fall into their scam.

    Redfire
     
  5. marilynmadella

    marilynmadella Private, 1st Class

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    MaxCFD not responding to any e-mails at all !!!! They just keep phoning me, sounding quite desperate and wanting me to trade with them to liquidate my $20,000 deposit against the so called "bonuses" of $10,000 and $2,000 they put on my account. This is their SCAM . I will NEVER trade with them.
    Now they are stuck with a client that will not trade and an account showing a balance of $29, 706.98. Decrease in amount is from the two "demo" trades Chris Rose led me through to show me how his system works. Anyone reading this DO NOT ever allow them to even demo a trade with you !!! It is ALL LOSS MAKING and a SCAM to try to make you add more money to your account. Be careful!!!

    My e-mails to them coped below:-

    A/C 2111419 - Withdrawal of $20,000


    Today, 06:06 26 October 2017
    Chris Rose (chrisr@maxcfd.com);
    Elissas (csupport@maxcfd.com);
    Elissas (csupport@maxcfd.com)

    Kindly advise on status of this withdrawal.

    It has been over a week now that I made the request to withdraw the funds.

    Regards

    Marilyn



    Sent: 24 October 2017 07:02
    To: Chris Rose; Elissas
    Subject: A/C 2111419 - Withdrawal of $20,000

    Dear Chris,

    As per my e-mails to you on 18/10/2017 and 19/10/2017 as well as my telephone conversations with you, kindly

    ask your Finance Department to process the Withdrawal Request of $20,000 that I made on 18/10/2017.


    Please copy me into your correspondence with your Finance department or better still put me directly in touch with them.


    There will never be any trading between myself and MaxCFD. Once the $20,000 has been returned to me please close the account.


    Kind regards

    Marilyn
     
    Michael adams likes this.
  6. Redfire

    Redfire Recruit

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  7. Michael adams

    Michael adams Recruit

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    I hope and pray you get all your money I am also a victim of the scam and I really need help to get my $950 back when I call no one answers or email me back but we all will work together and get out from their evil scam.
     
  8. Redfire

    Redfire Recruit

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  9. varmient

    varmient Private

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    Hi Marilyn,
    Unfortunately the same thing has happened to me and I'm still trying to get some of my money back. The good thing is if you transfered money to them and used your credit or debit card then you can go to your bank and ask them to do a charge back. I did this and got my initial outlay of 2500 Euro back through the bank, but MaxCFD are still holding 600.00 Euro of mine.

    They are saying that it is a bonus they added which is new to me! Its taken them 2 months to tell me that bit of info but I now know how they did it and its a real scam how they did it. They pretend that they are helping you get you money out but instaed they make you trade and thats how they add there bonus but they dont tell you this. The best you can do, and hope that you did go through your credit or debit card is get the bank to do a re draw. Let me know how you go.
    Vince
     
  10. marilynmadella

    marilynmadella Private, 1st Class

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    Hi Vince,
    I tried the charge back but because I authorised the payment to them from my bank there is nothing my bank can do to get the money back.
    You are correct, there is no way I will do a single trade with them to so call "liquidate" my account. Let alone to the tune of $360,000 as all they will do is continue to add "bonus" money without my even knowing about it. They are criminals that can ruin innocent people's lives.
    At least I have the good sense to know that y my $20,000 is gone but I will definitely not do a single trade with them.
    They all sound like 20 year old kids who have been given some bogus script to read to clients and the more I tell them I wont trade the more desperate they seem to sound. I can only put them down to sitting in some boiler room somewhere with some horrid boss standing over them forcing them to scam more innocent victims out of more money. What a sad way to earn your living. Eventually the authorities will catch up with them and close them down. Maybe that is when some money might be returned to clients. Either way my downside is $20,000. They are now stuck with a client who refuses to trade and an account they have added $12,000 of bonus money to. The best thing is to report them on every single binary options scam web-site out there in the hope that all clients try to close their accounts or even better never even open accounts with them.
     

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