BelforFx.com Review
SCAM CONFIRMATION
November 2015: There are 2 more FPA Traders Court votes against this company. The FPA now considers BelforFx to be a SCAM. The FPA recommends against dealing with BelforFx until all of these issues can be resolved. If you have an account with BefforFx, the FPA suggest you attempt to withdraw your funds as soon as possible.
SCAM CONFIRMATION
March 2016: WARNING - The Terms and Conditions on the BelforFx website allow them to send withdrawals as partial payments. A $100 withdrawal could be processed $1 at a time. The FPA knows of no legitimate reason why a broker should not be able to pay any client 100% of the client's funds at any time.
September 2015: There is an FPA Traders Court guilty vote against this company. The FPA recommends caution dealing with BelforFx until this issue is resolved.
Recent User Reviews of BelforFx.com
they stole me 6000$
Belforfx is indeed scammers
My mt4 keeps reconnecting to a "Renning-server" instead of theirs and $0 balance.
Really surprised of them as at first they seemed very helpful in getting me setup.
Only thing I have left from them is 7mo of 5min backdata in history buffer for testing some.
Amazing as it all was setup so well to appear real.
My troubles began when I inquired why my profile page showed nothing, guess I flagged them that its time to do me in.
Please, how can we take them off the face of the net!?
I keep telling myself to check things with FPA first, but I keep making mistake not doing so often.
Jordan Belfor is a career crook and probably punches babies for fun
2016-02-27 1Star
Be extremely careful with these guys they stole my money 10 000 USD !!! They are NOT regulated anymore. DO NOT accept any bonus from them or the 5 free risk trades you will be caught like i was , basically you get 5 free risk trades however if you lose the money they will put back the money in the account but you CANNOT withdraw anymore that money. Read their terms and conditions they are the worst scammers out there !! Also if you google Jordan Belfort , the creator of this company , he was caught by the justice in court for price manipulation etc.... I STRONGLY advise you avoid that broker at ALL cost if your money is precious.
I invested 28000 USD to belforfx.
I requested withdrawal 28.10.2015.
but they did not give me money.
connect to the live chat but they prevented me.
What should I do to get my money?
Please help me
Review Moderation Team Note: Please get a thread about your issue opened in the Scam Alerts folder of the FPA Forums.
I received lots of calls of a senior representative on March 2015 called Heerbert Fletcher and Diego Rojas from BelforFx and I decided to open a real account, and I deposit 3000 euros.
Firstly they push me to my account be managed and I accepted because of my lack of experience of this types of trades, I lost near 2000 euros for bad trades recommendations and bad management of my account and then I decided to stop of this management.
20th december 2015 I decided to withdraw my money, 1100 eur, I filled withdrawal request and I sent to them.
I sent at least 10 mails to clientservices@belforfx.com with withdrawal request and complaining about my money, and I didnt get any answer.
I sent some messages at live chat support and they ban me or they close chat window, and it is impossible to talk with them. I sent a screenshot about the support conversations when you can see how Joanne Singer close the chats.
I am desesperated to get my funds and I want to warn everyone dont invest in this broker is totally scam and terrible broker and they are thieves literally.
I sent a complaint to Financial Services Provider in New Zealand and they told me this broker is unregistered and they are unable to help me. So I dont know how can I get my money.
I also communicate with NEW ZEALAND financial market authority who reply saying " The company is not, and has never been, authorized or licensed by the FMA. This entity is also no longer part of a Disputes Resolution Scheme"
this link also proof that BELFORFX no more exist and its called now "WGM GROUP LIMITED"
http://www.business.govt.nz/companies/app/ui/pages/companies/3932698/21789024/entityFilingRequirement?backurl=%2Fcompanies%2Fapp%2Fui%2Fpages%2Fcompanies%2F3932698%2Fdocuments
The owner of the company is Mr. Manfred Wilhelm WAGNER DE CECCO, who is originally from Guatemala, and all staff are from their and they are saying they operate from NEW ZEALAND
https://www.business.govt.nz/companies/app/ui/pages/companies/3932698/directors
PLS STOP DEALING WITH THIS COMPANY
any idea how we can stop their website from hunting new victims ?