Xforex.com Review

Xforex was a scam . They knew they wont be able to do any business under the label of Xforex and they starte Xtrade . Its a big scam

I worked for this broker for 2 weeks only. I simply couldnt associate with this scam. They are advising clients in order to clear clients account asap. As a retention officer my job was to encourage client (promise profit) to make biggest possible deposit, then advise to open max possible transaction on very volatile market i.e. DAX, russian rubel or RTSI index. As a result there was margin call and trying to get more money from client. This is 100% scam but somehow this broker is still on the market. What i described is a standard procedure for all clients. Also all employees are using fake surnames (received from the company) to avoid further problems. Better give your money to charity then invest there.

I am not sure if this qualifies for a trader's court case but i am writing anyways...hope it is....

Sadly and unfortunately....I lost usd4499 today. The exact amount of my deposit. I wanted to withdraw that money yesterday since I just borrowed it... my bad... i had to pay for the debt. As soon as i clicked the submit withdrawal button, Elana Solomon called me and asked me to trade, and that I should keep my promise that I would trade so she CANCELLEd the wothdrawal....I didn't want to but I felt guilty that she kept on calling me and she even asked me "you don't trust me?". Hmmm...i guess I am a poor judge and I really easily get persuaded by good words. Then when I asked her to call when I was only losing around 2500 usd, she called and told me that the market is moving slower than usual and that I should wait.... again my bad... I waited until all Usd 4499 is gone... 

I am not saying I am not wrong but her telling me that I should trust her because she is an expert and that i should not worry... really nice promises has really persuaded me and gave me hope... 

Xforex.com is the most fraudulent CFD out there, these people have no respect for its clients. They Lured me in to opening an account with them with fake promises and eventually made me lose over $60,000. I was stupid enough to deposit the money as they were completely lying about how they operate. however I have managed to recover some of my funds with the help of the bank and the FOS.

I would strongly recommend everyone not to open any account with this company. All they are exploiting the system to victimize people with no trading skills. They also force you to open trades so that you deliberately lose all your money.So if you don't know what you are doing with Forex trading please beware of this company. Especially if Elana Solomon and Ari Zal call you, they are only out there to get you to deposit more money.

Its so bad company ,I was a new trader ,first time i open account,
the manager call me ,say its the best time to trade go and add more funds on your account the first time i win about 800$ so next time he say add more to win more ,I add to have more than 10.000$
So he sad sell 3.0 of gold ,and than no body help me to know what should to do ,nobody answer,is the company ,really bad guys in this company,I lose it all.
Really its so bad company .

I made an account and the guy from X forex called me his name was JAck then my account was transfered to someone called Jeff Miller he was so nice and called me again and again when I was losing money, then he asked me to deposit 1000$ so he can assign a broker, I put that amount and since then there is no support and the broker cost me to loose all the money I tried contacting them but there is no support. You cant event Withdraw money and all the email accounts are fake even the number from which they call if you try to contact on the numbers from which you received call earlier non of them will be in service..

The below post has just come to our attention. There are not a lot of things that should be said however Mr “Paul” who is aware of so much about XForex should have also known that XFOREX is a licensed company regulated and authorized to operate worldwide and our Headquarters are located in Europe. One can visit our website and also can call or email me directly at compliance@xforex.com for any information he shall need.
We cannot know from where ‘Paul’ has extracted this information which are tottally untrue however it is apparent that he is in an effort to harm and damage XForex whether he has personal issues or he is an aggressive competitor. We treat our employees with all due respect and if they are found to be guilty of an illegal activity within the Company of course they are dismissed on the spot!

Any complaints written in forums that are not reaching the Compliance Department cannot be dealt as I cannot possibly know where they come from and whether they are even true.

Its always interesting what anyone can post on a Forum. :-)

Please feel free to contact me.
Yours truly
Marina
XForex

Xforex's name is IDI Ventures in Israel, It's owner's name is Udi, the cockiest human being alive, they running their call center as a boiler room, they freak out their acc managers in order to bring more and more deposits, If you've been scammed by them, you may find their offices at Hasadnaot St. 10 - Hertzliya Pituach - Israel (the building has a Lexus showroom on it's bottom, it is actually the same building of another known scammer(B-Forex).
I know this because I am disgruntled employee who was humiliated and fired by them and I think it is your right as a trader to know where to track them down if you've been robbed by them.
It is a company ran by the worst kind of human being Israeli society has to offer: the one that thinks he can scam others and get away with it.

I am not referring for any thing that's lost during trading whether out of personal risk or the es cheat that xforex does during trading and be fool clients.

I am in touch with a group of few users who though have been cheated during trading but also have proofs about the dishonestly of xforex and the use cases here are immune to the T&C which some times becomes Armour for them when a person is cheated during trading.

So, i am ready to deal one on one with xforex on this and soon they will be finding themselves in deep shit.

For those who are still in process of considering the only advice is abuse the AM/Rep hard next when they call you!

Once I had already deposited 50 USD as my capital, the broker says my account is already activated and wait for the call of account manager and after that, until now, I am still waiting. Then after 3 days, I can't open my account. So I think my money is steal from my account.