Umo fx

vgasper

Sergeant
Messages
137
I opened account SEPT 2014. Since now I made over 10000 usd profit.

I put withdrawal request on 14.4.2015 (8000) and 17.4.2015 (1000) USD. Since then no contact from them just LIVECHAT where they are saying to write emai to their support. I did that couple of times (account@umofx.com, finance@umofx.com) but nothing. I also find then on Facebook and I wrote on their wall about their slow withdrawal and after couple of days they wrote me back I have to be patient because they are investigating my account and if I closed any orders under 2 min. There was one but only because of trailing stop and I wrote them back about it. Couple of days later they deleted al my posts on their Facebook site and they blocked users to write further complaints on wall.

Today they deleted (disabled) my account, and my last eqyity was about 15.600 USD (arond 500 % profits!!!!)...

So Im one more in line being SCAMMED at UMO FX!!!

STAY AWAY, UMO FX IS SCAM and I fill file a case on court.

PEACE

If anyone knows how to help, please reply...
 

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AarizA

Recruit
Messages
1
I also had a account there stop spoiling the good broker and its registration is also in progress and they are in business for long time, The reason many clients not responded is that they break the trading rules and cheat the bonus
 

vgasper

Sergeant
Messages
137
Really AarizA?? Or you are just one of them :D

I had no bonuses there, I deposited something more than 3000 USD and first they deleted my trading because I had closed the trades in less than 2 minutes - that was fine with me so I started again with around 3000 USD. I made 15000 USD and then I put withdrawal request 8000 + 1000 = 9000. Since then no answers from them and they blocked my account without any reasons... And as I see more and more folks have problems but they dont reply - I also invited them to this thread to explain here if they cannot explain it to me on my registered email ;)livechat.jpginvitation.jpg
 

vgasper

Sergeant
Messages
137
Dear representative what about this:

Based on your trading record (Trading Account No: 657577,657356), our company detected suspicious trading condition where it meets the client agreement as stated below:

“The Company has the rights to suspend the Client’s trading account at any time for any good reason with or without written notice to the Client."

As a normal company procedure and final decision, the account will be reset and your account will be disabling (banned) as decided by our company.

Your patronage is important to us, thank you.


Best regards,

Account Department

United Market Oracle International


This was UMO FX answer after I put withdrawal request!!!
They can just simply delete your account without any reason!!!

And one more:
3.11. The Company reserves the rights to reject the Client by returning him/her his/her the
initial deposit (that is the total amount deposited by the Client) at any time, in case
the Company deems it appropriate and necessary (including but not limited to as the
result of Client’s malicious, illegal, inappropriate, fraudulent or in any other way
inacceptable actions). - SO THEY CAN TAKE YOUR PROFITS AND DEPOSIT!!!
 

Master Yoda

Captain
Messages
2,929
1. Invite the broker to join this thread (via email or chat)

2. Ask them to prove their case, based on what they have decided your profits are fraud?

3. Many brokers see profit making as suspcious activity, you were supposed to lose and give them all your money.

4. Where are you from?

3. They claim to be regulated by some NZ organization. The finny thing is that the regulation was expired :) View Scheme Member | Financial Dispute Resolution
screenshot_Wed_May_13_09.14.42.png
 

vgasper

Sergeant
Messages
137
I invited them as you can see in my of mine previous threads and not I sent them this:

Untitled.jpg

We can join together and start procedure with one lawyer if you want, because New Zealand is very strict law country and we have lot of proofs against UMO FX
 

vgasper

Sergeant
Messages
137
I also had a account there stop spoiling the good broker and its registration is also in progress and they are in business for long time, The reason many clients not responded is that they break the trading rules and cheat the bonus

NOW I SEE WHO YOU ARE AarizA!!! YOU ARE SPAM HERE. HAVE SOME GUTS AND PAY US OUR MONEY

UMO Shareholders.png
 

Master Yoda

Captain
Messages
2,929
I also had a account there stop spoiling the good broker and its registration is also in progress and they are in business for long time, The reason many clients not responded is that they break the trading rules and cheat the bonus

Your name is suspiciously similar to the company owner....
 

dhyiez

Private, 1st Class
Messages
76
NOW I SEE WHO YOU ARE AarizA!!! YOU ARE SPAM HERE. HAVE SOME GUTS AND PAY US OUR MONEY

View attachment 19782

oh my god so thats id is the owner name?
i really want to see him in jail please
even my deposit didnt back
im okay if my profit stolen by them
but my deposit!

please just send this guy to jail!!!!!!
 

Master Yoda

Captain
Messages
2,929
Please check the new update on UMOFX review page:

"UmoFx has been deregistered from the NZ FSPR. CLICK HERE to verify that it is no longer with the Financial Dispute Resolution Scheme Until this company is registered with a new regulator, the FPA recommends AGAINST doing business with UmoFx."

Having said that: they are still posting on their homepage the registration status as active while it has expired.
 
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