1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Ufx Bank

Discussion in 'Scam Alerts' started by ousama makar, Dec 18, 2009.

  1. ousama makar

    ousama makar Recruit

    Joined:
    Oct 30, 2009
    Messages:
    1
    Likes Received:
    0
    Dear sir,
    My name is Ousama Azmy Makar
    I would like to tell you that I have a very bad experience with UFX BANK .
    Three months ago someone who called Abdemanan from UFX BANK called me ,he show me what is opening a forex account with them is very beneficial through learning and variable recommendations .
    Then I opened an account with them with a little amount 500 USD as a forex beginner ,
    Then, without any support from them I lost my money in a few days.
    After around 2 weeks I deposited 1000 USD in my account with them ,and someone ,his name is Rami Saeygh was following up as my account manager ,he gave me a little recommendation ,
    Nov. 25, I tried to withdraw 600 USD from my account but I found withdrawing has been closed , then I sent them a withdrawal request as per attached e-mail witch have been sent to Rami (my account manager) but he refused on a phone call .
    In Dec. 9 my account became 1550 USD, I sent them an e-mail at 5.23 pm GMT+2 (attached) ,to hold my account until sending the withdrawal form .
    After that the account manager phoned me trying to avoid withdrawing , he tried to use my card to make a deposit with another 1000 USD but he failed because I use debit card not credit card .Then he said that he wants to open a deal for me by himself from dealing room ,for XGA ,witch is very beneficial ,as he, and i should not miss it, as he said .
    He knew very will that I am a beginner and have no experience with XAG ,even I did not knew what does XAG means , and I was not set it in the platform , he insisted ,I said if you trusted in that go ahead , especially he always tells me that he is a risk manager. After that I found that he use all of my account in this deal and After 5 minutes I lost all my account .he tricked me you can see this clearly in my statement and closed deals.
    I spoke to another one in UFX BANK ,his name is Waseem, he said that my account is too little to open such that deal .
    please verify the attached copy of my statement in this company, and the e-mail that I have sent to them to hold my account.
    Thank you and best regards
    My contacts
    Ousama Azmy Makar
    Address: 7 Rpt., Ibn Hagar Al-Askalani St. Golf Area, Heliopolis, Cairo, Egypt
    Mobile: +2 012 2237091
    E-mail: makaro2006@gmail.com
    Thanks and best regards
    Ousama Makar
     
  2. Mandolin

    Mandolin Recruit

    Joined:
    Mar 7, 2011
    Messages:
    8
    Likes Received:
    0
  3. Teodor Jackson

    Teodor Jackson Sergeant

    Joined:
    Apr 17, 2010
    Messages:
    222
    Likes Received:
    1
  4. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,657
    Likes Received:
    2,202
    They withdrew from the NFA. Still, that US address they had makes them open to complaints to the CFTC and SEC.
     
  5. Ihab Kassem

    Ihab Kassem Recruit

    Joined:
    Jun 16, 2011
    Messages:
    2
    Likes Received:
    0
    I have dealt with UFX for months now and must commend their service since they provide their investors with trading signals which I have found to be successful in about 9 times out of 10.

    I have also made withdrawals without any issues or delays.

    I do not think that the posts accusing UFX are telling both sides of the story. Investors may make their own mistakes such as not filing in their proper documentations for withdrawal or not respecting the bonus regulation etc.

    As for the broker opening a deal on behalf of the investor or withdrawing money from his card without his approval, it all sounds not credible as the investor would have been in such case able so easily to sue the company. All interaction by phone is normally recorded and proof is easy to establish.

    Lastly, the investor can easily refuse the broker's lead for opening or closing a position.
     
  6. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,657
    Likes Received:
    2,202
    I love it. A person signs up with the FPA just to defend his favorite broker. Dude, you would be more believable if you had been an active FPA member for awhile. UFX Bank already has proven itself to be very capable of trying to manipulate the forums and reviews.

    Let's all do a little more reading about UFX Bank's very interesting history here at the FPA:

    UFX Bank's Review Page - Check out those big warnings on top. They say:

    UFXBank loses an FPA Traders Court Case

    Article about UFXBank.com's actions. Includes a direct admission by a company employee that a blackhat company was hired and that the company had direct access to UFX servers in Israel.

    Since then, a number of new representatives of UFX have shown up in the FPA's forums. So far, not one of them has ever addressed exactly why UFX hired a black hat company or what servers that company had access to.

    Personally, I'd never place one cent with a broker that hired a blackhat company. I'd also never place one cent with a broker that allowed that company any access to any server in the brokerage. I'd never place one cent with a broker that wouldn't come clean about just how much access such a company had to its servers.

    I wonder how many more one-post-wonders UFX will send in?
     
  7. Ihab Kassem

    Ihab Kassem Recruit

    Joined:
    Jun 16, 2011
    Messages:
    2
    Likes Received:
    0
    a jordanian lawyer is taking ufxbank to court.check Sami Alawad Law firm



    I apologize for my previous post. It was before i discovered what .fx is about!
     
  8. Pharaoh

    Pharaoh Colonel

    Joined:
    Oct 3, 2007
    Messages:
    19,657
    Likes Received:
    2,202
    Can you tell everyone more about the lawsuit? Also, are you now having trouble accessing your funds?
     
  9. Master Yoda

    Master Yoda Captain

    Joined:
    May 16, 2013
    Messages:
    2,929
    Likes Received:
    256
    And where did he sue them, that's also interesting...
     
  10. bigdolly

    bigdolly Master Sergeant

    Joined:
    Oct 21, 2013
    Messages:
    704
    Likes Received:
    40
    Maybe you also didn't know but the purpose of depositing money is trading. They will not double or multiple witout action from your side. Just can't understand what you counted on when made deposit.
     

Share This Page