Others

MultiBank Group

The minimum deposit and withdrawal amounts are higher than usual, and withdrawals are not allowed. The process involves creating profiles of handsome men and beautiful women to lure people into investing, but when it's time to withdraw, they play many tricks to prevent withdrawals. It's extremely deceitful.

Unable to Withdraw

Deriv

Deriv is a blood-sucking platform with no moral compunction! I made $2,800 in profit last month and applied for a withdrawal. It took 10 days for the funds to arrive, and only $1,900 remained! When I contacted customer service, they said "hidden service fees and exchange rate differences were deducted," but the deposit contract didn't mention anything about these at all! I asked for a detailed breakdown of the deductions, but customer service either sent vague documents or simply read them without replying. Later, I filed a complaint with the regulator, only to discover that their so-called "compliance qualifications" were forged! Why is my hard-earned money being arbitrarily deducted? This kind of fraudulent platform, which openly steals money, is unlucky for anyone who touches it!

Unable to Withdraw

NEWS

Previously, I participated in the NewS trading platform. I had deposited 200 USD, but when I traded, my balance increased to 226 USD. I attempted to withdraw funds, but the platform notified me that amounts less than 500 USD were not eligible for withdrawal and froze my funds. A few days later, I borrowed 1,000 USD in credit, and after multiple transactions, my balance increased to 27,000 USD. I placed a withdrawal request, but the platform notified me that I had to repay the 1,000 USD, so I deposited 28 million VND. The platform claimed there was a discrepancy (I had already paid off the 1,000 USD debt). After I completed the withdrawal request, the platform informed me that I had to pay an additional 2,430 USD as a 9% fee on the 27,000 USD I was withdrawing, and they insisted I transfer the payment before processing the transaction. I was very surprised by the platform's statement, and they also added that I must pay quickly, otherwise they would impose an additional penalty of 50 USD per day for delaying the payment of the 9% margin. I hope to receive assistance.

Scam

WELTRADE

The Weltrade forex platform is a cancer designed to rip off investors! I fully trusted their deposit process, but they maliciously deducted my funds on my first withdrawal. I requested a $5,000 withdrawal, but only $3,800 was returned. When I asked customer service why, they made up lies like "platform service fees" and "exchange rate differences." They never explained anything beforehand. Their trading tactics are even more infuriating. Every time the market fluctuates, they deliberately delay the trading, and by the time I can operate, I've already missed the optimal point, leaving all the losses on the user. The stop-loss and take-profit settings are completely useless. Several times, the stop-loss and take-profit levels were clearly reached, but they weren't executed. I watched helplessly as profits turned into losses. I advise anyone who wants to trade forex to stay away from Weltrade.

Severe Slippage

JustMarkets

Those motherfuckers make money disappear blaming the system. Because withdrawals keep happening, they force executions that don't match the spread on the order book. Eventually, a margin call happens. Because the spread is so wide, you can't sell even if you're in profit. Feedback emails come often, but they just repeat the same thing. They say they'll look into it, but keep repeating the same words.

Severe Slippage

LiteForex

Everyone, be careful! This platform has significant slippage. Every time the market fluctuates, the execution of orders is like a roller coaster. Buy and sell orders in the market take 2 seconds. -3 minutes in the process, and the final price is significantly lower. Last week, when the price of crude oil began to rise, I entered the Long position, which showed a price of 80.50 when clicked, but the buy/sell price was at 80.75. The slippage alone caused a 3% loss in the account. This broker is truly unreliable.

Unable to Withdraw

Fortrade

Over the period of 9 months, I have been called countless times. I did try their account by depositing 100$. Once I was approved the account said that there were no funds. I ended up depositing another $100 and again the account was not funded. After a lengthy back and forth, the funds appeared in my account. As far as the account itself, it cannot compete with ThinkorSwim, TradeZeroPro or even several banks that charge $9.99 per trade. Also, they will not refund my money to my credit card after telling me they would take care of it immediately. I am currently still trying to get the funds back. Never use this company if you want to see your money again...

Resolved

Equiti

Unable to withdraw, the platform has disabled my withdrawal option. It has been over half a month now, and they still haven't reactivated the withdrawal option. Contacting the customer service manager yielded no response, and emails have gone unanswered.

Severe Slippage

CMC Markets

Wouldn't recommend cmc markets. High slippage during volatile markets, laggy executions on their web browsers. Spread is quite inconsistent, and it seems like the spread would widens when it is close to the stop loss to take out your loss. I decided to not trade on cmc and they hit me with a 15 NZD inactive fees per month. Meanwhile many other brokers would happily provide interest if I left my money in their accounts. I wasn't planning to leave a bad review until the fees. Greedy greedy broker really. Definitely watch out for cmc.

Unable to Withdraw

LMAX Group

LMAX is a liquidity provider of a broker I was trading with. This particular broker accepts crypto, so I deposited crypto. The strategy didn't go well, so I asked my broker to withdraw. This broker requested the funds from LMAX, but now LMAX is questioning wether the funds belog to me or not. It is not the brokers fault, it is LMAX's fault. I have all the proof that the funds belong to me, and I have also approached LMAX directly. I never got a reply from them, they are just simply withelding my funds, and me or the broker cannot do anything about it. So if you are a broker, don't ever work with LMAX, otherwise, you and your customers will soon be in trouble.

Unable to Withdraw

ICM

My account is 101338. A few days later, I decided to open an account and made a Webmoney deposit of $ 61.00. And I've been trying to withdraw for a few days now and I can not. I do not see the option of withdrawal via Webmoney. I have tried all the options that appear and my withdrawal is always rejected. this is absurd. The company does not prove to be serious. For it gives me no explanation as to why withdrawal is being rejected. I want my money. I demand this. I look forward to a position of you with urgently.

Unable to Withdraw

Markets.com

On three attempts to withdraw funds, it has taken longer than 10 working days for me to receive my funds, my personal bank statement is required each time i request a withdrawal. I still have no received my third withdrawal.

Unable to Withdraw

ATC Brokers

Stay away from them! They are scammers. This broker don't want you to win trades. Now they have 3 days margin rule. This is another way to make money.

Unable to Withdraw

FXCC

FXCC broker did not process my withdrawal request for more than 11 months (withdraw initiated in SEP2020). The amount is 38718 USD.(a screenshot of my withdrawal is attached ) I have tried to contact them many times but they do not reply to my emails or messages in the past 6 months (a screenshot of the opened ticket is attached). I strongly believe they do some fraud or scam business.

Scam

Swissquote

I transferred 10k and after 2 weeks my account has not been activated nor my funds have been returned. Unbelievable how they enable the bank account to receive the money saying that to activate your account you just have to deposit, but after you do so they ask more questions about your background, and the only way you have to contact them is submitting a new contact form on the website each time, to which they reply every 2 days at best. Update: it has now been 3 weeks and I am yet to receive my funds back or have my account active. I have sent 3 more contact forms and still completely ignored. Please don’t ever put your money here.

Unable to Withdraw

Darwinex

Withdraw via wire bank transfer, over 15 days not receive, and I contact them, reply very slow til now, I still dont' receive my withdraw...terrible.

Resolved

UNforex

All transactions are normal, they told me to wait for news but didn't give a specific time! May I ask how long it will take for the official response? Withdrawals are currently blocked, yet all my operations were legitimate!

Unable to Withdraw

BDSwiss

very disappointing, never ever use this broker. It was good earlier but now it is bad. My withdrawal is pending since Sep-2024. I am not able to login my account and the customer is always away. There isn't anyone who can help you. No body is responding through email of chat. Scammer

Resolved

Skyline

Dear Skyline& Support Team, I am writing to formally raise a serious complaint regarding a trade executed on my account under the guidance of your Relationship Manager (RM), which has resulted in a substantial financial loss and a negative account balance. Trade Details: - Instrument: NGAS (Natural Gas) - Trade Type: Buy - Lot Size: 2.00 - Entry Price: 3.020 - Current Price at Loss: 2.391 - Loss Incurred: –37,740.00 USD - Account Status: Negative Balance This trade was not initiated based on my independent analysis or consent. It was recommended and executed under pressure by your RM, despite my clear preference for risk-managed trading. The resulting loss has not only wiped out my equity but also pushed my account into a negative balance. Withdrawal Blocked: Additionally, I had submitted a withdrawal request for 3,000 USD, which remains unprocessed. This delay is unacceptable and appears retaliatory, given the disputed trade. ⚖️ Request for Immediate Action: 1. Revers

Unable to Withdraw

A2Z Millennium

I am a customer of a2z Millennium. I was scammed and could not withdraw the amount. Account number: 31634