NordhillCapital.com

Peter1124

Private, 1st Class
Messages
26
Every updates is just rumors, hear-say, excuses, because there's zero way of getting back the money already, since naive investors and IBs choose to listen to them is the most silly way of doing things.
In this industry there's only a need for transparency, with transparency there's no need to question about legitimacy and honesty. But naive investors and IBs choose to believe in holy grail that doesn't exist, all the signs point to the same scam that will eventually unfold.

Nice drag from Oct to Dec 2018 before announcement on on jan 2018, dragging fools for another 6 months until the company has already long moved on, and de-register itself for all possible domains.
Everything will not be renewed and will just be settled to dust...

As for Fmrbrokerexecutive, this is a scam, doesn't matter if there are some ok brokers from SVG, majority is just scam, this is why newbies should avoid unregulated brokers and fake trading programs at all costs. If you are veteran and seasoned trader, you are able to tell but not for naive investors who join and invest bc of friends and IBs.

This is small nonetheless when compared to GCG Asia and MIA that just went good game as well. The only reason why the excuses and reasons were as such, wasn't due to the normal investors, but because there are IBs who will not buy the crap of trading losses.

Good luck and have fun man...
 

Peter1124

Private, 1st Class
Messages
26
I have nothing to do with this broker first of all but -

1. Brokers don't typically participate on forums because once they open that door, it never closes.
2. SFX is registered in St Vincent. How were they expelled in the UK/FCA?
3. The issues with Tallinex, SFX, and many other offshore brands due to bank wire restrictions is not new (as you said, October 2018) and I agree they should provide proof of frozen funds - but to scream "Scam!" is also ridiculous. They could have easy disappeared and not be posting on their website.
To answer your questions, most if not all legit brokers will send their representative to FPA when there's a case open, at least to reply and then take it personally with each customer to resolve. But currently, it's not 1 customer but every customers.

You are right, most offshore brokers will just do a force majure alike MIA491, FintechFX or IGOFX, or JJPTR they will just make fake losses and refund remaining 0-5% if any.

But you do not understand the business nature of SFX or nordhillcapital itself. SFX or nordhill is not afraid of doing fake trading or force majure to their customers if their customers had been retail clients only. They are trying to delay, and cooking up with new and fake stories is because they are facing their IBs and Corporate clients who were guaranteed, and these people ain't no jokes, they are not new and they had assumed sfx/nordhillcapital had real trading done and able to deliver returns so far because their ROI has been consistently low enough to reduce the risks, but they were wrong.

So the entire situation is facing off with IBs and Corporate clients, not the retail ones. The IBs and Corporate clients are enough to do something against them if they had knew their money are gone, so they had to delay and cook up stories and blame everything to SFX Markets, and soon enough it will disappear.
 
Messages
206
Once again, you're speculating Peter.
Considering dozens of offshore brokerages *have* had their bank/merchant accounts frozen the last year - you have no evidence this brokerage is a total scam as you repeatedly suggest.
I know several honest brokerage CEOs who have had their accounts closed and funds frozen recently. I don't know this brokerage but it would not surprise me.

People need to recognize the deposit bonuses, crazy high leverage, etc with these offshore brokerages comes with enormous risk that cannot be ignored. Nothing lasts forever.
 

avocadokiwi

Recruit
Messages
3
That's most likely a sham. I've contacted the bank and they confirmed that their account was closed in October 2018. SFX also stopped replying to me, the moment I asked them about more specific questions regarding their "bank audit".
May I know if you are able to perform cash withdrawal? I can't since a year ago.
 

avocadokiwi

Recruit
Messages
3
Hi All,

I'm an investor with Nordhill/ Stonegain / SFX since March 2016 and account is profitable, however this is the first time I have tried to withdraw from my SFX account since September 1 and still no transfer received in my local bank account.
just checking if anyone has managed to successfully withdraw their cash.

Thanks
Hi have you managed to withdraw the funds? I can't from my side. Please teach me methods to withdraw. I have been stuck for over a year.
 
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