ForexControl.com Review

1.254 • 13 REVIEWS
Out of business
Updated: Apr 13, 2022

Website is down. Company seems to be out of business.

ForexControl.com
Out of business
1.254 • 13 REVIEWS

Recent User Reviews of ForexControl.com

R
Ravikumar
tamilnadu, India,
Dec 26, 2012,
Guest

Hi, I received call from Chandrasekar who worked in forex control bangalore office. I trusted hi and deposited 18000 $ and started trading. But while I requested for withdraw they made a month or more to process it. SO after 3 months I decided to close my account and requested for full withdrawal. what they did is they closed my account and sent 1000 $ per 10 days. after lot of frustration I got 16000 $. They delayed to send me the rest of 2000 $. So I travelled 400 kms to bangalore office to meet Sudhagar who is the manager for that stupid office. He gave me the cheque for 1 lakh (RBS BANK) and said to wait for 10 days. So i returned home and waited for his call. later sudhagar called me and said the company is going on well and requested me to trade with 2000$. i believed him and sent back his cheque back to his address. But within 15 days they closed their office and scammed me and all the other clients. BOTH SUDHAGAR AND CHANDRASEKAR SHOULD ARRESTED AND PUNISHED.
M
Manish Sarraf
New Delhi, India,
Dec 9, 2012,
Guest

I have opened an account with $1000 on 16th April and after that I earned $165 in first few days. Then I has short positions in copper (5 tons) in LME and I was in good profits of more than $500 as per today.

I have written several mails and tried to call their number but no help. They only delay the process and give time of refunds. Beside mail reply there is no way to interact with them.

The company has run away with my money and other clients hard earned money. I am filing a FIR against these people in India & abroad in Delhi.

Lets see these cheaters behind bars soon.

Regards,
Manish
New Delhi
S
sreeviswajith
kerala, India,
Jul 20, 2012,
Guest

Hi im also another victim i lost 5000$ now they are not replyng FOREXCONTROL is IB for AVAFX they are both gaming. i file scam alerts folder pls commnt them and evybdy pls togethe with hand
S
Satyajit Shetty
Mumbai, India,
Jun 5, 2012,
Guest

I'm sorry i was wrong on my part after a year they are real a scam they blocked my account and blocked my money i can see my balance in MT4 but can't trade even you cant login to the web address plz stay away there was Mr Jon Arun but he left the job i think there was a big scam going around now no one respond to mails or calls or live chat......

2011-09-02 4Star I've been trading with these people from a long time i do get some problems but not a big ones rather they are good with rest of all the brokers i've tried, but everything is fine at the end withdraw takes 4 days through moneybokers its natural i've withdraw 2 times with the immediate transfer to moneybroker, hope to get multiple withdraw options with days ahead, Thanks to Jonarun he has always been to solve problems.
S
sree
kerala, India,
May 2, 2012,
Guest

HI i hav account with this company i rqst withdrqw its 1 mnth ago i didnt get yet and now its showing ACCOUNT DISABLED chat and call is not wrking they mailed changing into new label but still also now available pls help how can i withdraw my all fund im vry afraid pls help me.
K
karthick
tiruppur, India,
Apr 29, 2012,
Guest

HI I HAVE OPENED MY ACCOUNT WITH FOREX CONTROL
THEY GIVEN ME USER NAME AND PASSWORD WE CAN ACCESS TO OUR CLIENT AREA PARTIALLY ONLY
AFTER ONE MONTH WHEN I PNED MY MT4 IT COMES ACCOUNT DISSABLED
I ASKED IN LIVE CHAT AFTER SOME TIMES NO RESPONSE FROM LIVE CHAT AGAIN I OPENED LIVE CHAT IT COMES AS

Your request could not be completed, as the account you are attempting to reach is no longer active.

AND ERROR MESSAGE ,,
NOW I CANT LO GIN TO MY PERSONAL AREA , I CANT GET HELP THROUGH LIVE CHAT .
HOW TO WITH DRAW MY MONEY?
100% SCAMMERS
S
sanjeev
chennai, India,
Apr 19, 2012,
Guest

These comments are really fraud..........

A REAL CHEATING BROKER
. They have written the comments by themselves. they dont give the withdrawal properly. none of their clients will tell they are good.
The order will automatically close sometimes. some times our balance will be negative as there is no reason. Doing very fraud things..
DONT TRADE WITH THEM...............WE ARE SUFFERING A LOT TO EAR THE MONEY............. WE ARE EARNING MONEY WITH OUR BLOOD...... DONT WASTE IT AND DONT GIVE THE MONEY TO FOREXCONTROL TO EAT. THERE YOU CANT MAKE PROFIT THATS DAMN SURE. IF YOU MAKE PROFIT THEY WONT GIVE MONEY. THEY WILL TELL ITS SCALPING AND SOME RUBBISH THINGS......... DONT WASTE MONEY BY INVESTING IN THIS........

"THINK TWICE OR THRICE BEFORE YOU LEEP (INVESTING IN FOREXCONTROL).
P
Pawan
New Delhi, India,
Feb 6, 2012,
Guest

Hi

Pls pay attention, never deposit money in forexcontrol. You can deposit money in forex control but u can't withdraw. This is true, i tried so many times but the link doesn't work. Even there is no command in meta trader of withdrawing money.

Review Moderation Team Note: MT4 doesn't have a withdraw command that we know of. There should be withdrawal procedures on the broker's website somewhere.

I emailed them but they didn't responded.

BEWARE OF FOREXCONTROL
N
N Rao
Bangalore, India,
Jan 30, 2012,
Guest

My advise is to stay away from this broker, this is another bucket-shop.

One of my friend from Bangalore (newbie in forex), was royally scammed by this broker.

Their earlier webpage(the image found on FPA review) had a mention about the RBI registration etc... it is all fake.

Further their they have stripped down their webpage and do not show the details about the non-ECN account type Regular, Gold, VIP etc... however when you contact them first, they sell the non-ECN account type. When you ask for the detailed trading conditions, they disconnect the chat/call.

All those who are scammed can initiate an Trader's court inquiry thru ForexPeace Army. Also get the guys behind the scam are underground & Crime Branch is on search...

Regards,
R
ramesh
coimbatore,
Sep 29, 2011,
Guest

i started my account with these guys from january they called me lot of times intially i deposit 25k usd when i make profits
they cut the positions and they change leverage when we have huge positions they cut the positions and they tell bank change leverage and no proper withdrawl the company running by mr.sudhakar for india who doesn't know about forex a year back right now he handle this company and push everybody to make loss
my humble request to all anyone needs proof even statement screenshots, there voicelogs,chat copy,eveything i had if u need i send
dont go for forexcontroltotaly i loss around 3lac usd i stop my business past two month back they never give withdrawl

any dare to go with forexcontrol,
my request please donate the money to charity atleast we are happy to help