Trader XP is Scam Company

Siddharth

Private, 1st Class
Messages
75
It all started when i opened account on 23 May 2013. I deposited 200 USD in my account and made 3 consecutive successful trades. The outcome was 215 USD profit. The first phone call was from Mr. Mark Pollson who encouraged me to deposit more money so broker can work with me, i refused and then afterwards he transferred my account to Mr. Danny Brown (skype: danny.brown100) who also tried to convince me to put more money in my account and trade with him, he also asked for my skype ID which i refused to give. After couple of days On May 30th i decided to made full withdrawal of 415 USD and it is when i start getting trouble from Mr. Danny Brown, he made phone call and started to accuse me of scamming company as well as disrespecting me by accusing of having insider information (which actually made me LOL). It is 10 Of June and i am still waiting for my money although officially they processed partial request of 165 USD but i haven't received any of this money yet. My account manager Danny is also cancelling my remaining money request of 215 USD which could be seen in provided SS. This company is operating on just a PO box and none of the phone number provided on website are working. I am also attaching SS of various stages that happened in my account. I have no hope of getting my money back but i will still inform Interpol as well as local Romanian authorities about this company.
 

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Pharaoh

Colonel
Messages
19,964
Send an invitation to Mark and Danny. Ask them to join this thread and explain how you had "insider information" and also why a simple withdrawal of your funds can't be processed.

Let them know that if they can't do this, many people will suspect that traderxp doesn't process withdrawals for anyone.
 

Siddharth

Private, 1st Class
Messages
75
Here is an update Admin, I have received 163 CAD in my visa account but the new screen shot suggesting that my account manager is cancelling my withdrawal request for no reason. I am going to invite them here now.

Thanks
 

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Pharaoh

Colonel
Messages
19,964
At least this is some progress. Email them again. Let them know that you've update the thread and will continue to do so.
 

Siddharth

Private, 1st Class
Messages
75
Here is another update Admin, they have asked my banking detail and it is provided. Hopefully it will be resolved soon and i don't have to leave any negative remarks for this broker.
 

Siddharth

Private, 1st Class
Messages
75
It's 24th June and still no money been wired. According to them they tried wiring that 185 USD but couldn't succeed as some of the information like the beneficiary name was missing. I already provided them all the necessary information on 17th june. My reply could be seen in the SS provided. According to TraderXP website (SS attached) the wire request is already been processed in the name beneficiary which is my name. I have firm believe that this company has no intention of giving away my profit and moreover no one has showed up to defend this case.
 

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Pharaoh

Colonel
Messages
19,964
Resend them ALL the information. Give them one last chance to show that this is a case of stupid errors instead of a deliberate attempt to steal your money.
 

Siddharth

Private, 1st Class
Messages
75
Resend them ALL the information. Give them one last chance to show that this is a case of stupid errors instead of a deliberate attempt to steal your money.

I have resend all the required information again on 24th of June, Lets see what is their response this time.
 

Siddharth

Private, 1st Class
Messages
75
I have resend all the required information again on 24th of June, Lets see what is their response this time.

I again had to resend all the information on 30 June because after investigation i found out that by mistake i provided them wrong account number in my previous email on 17 june. This time it is correct and have double checked all the information.
 

Siddharth

Private, 1st Class
Messages
75
I again had to resend all the information on 30 June because after investigation i found out that by mistake i provided them wrong account number in my previous email on 17 june. This time it is correct and have double checked all the information.

After providing them corrected information and waited for week they replied me saying that the wire was sent to wrong location, In the previous mail they said the wire didn't go through because the information wasn't correct. These two statements are contradicting each other and don't make sense to me.
 
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