Scam

QUOTEX

I made a withdrawal, but the funds have still not been credited to my account. I've been dealing with this issue for over a month, and every time I contact support, I receive the same response without any actual solution. I have provided all the necessary evidence showing that no funds have been received in my wallet. They sent me a fake and unverified transfer screenshot and keep asking me to obtain a confirmation from the payment provider. I have already obtained an official response from the payment system confirming that the funds were never received, yet support continues to repeat the same request and keeps me stuck in the same cycle. This is not my first withdrawal. It is my second one, and I used the same deposit method as before.

Others

algobi

I started with a small investment because I didn't know anything about trading. I explained it to them, and they demanded I invest and make a bank transfer in dollars. Then they demanded two deposits via SAFETYPAY. Later, they overleveraged the account, demanded I invest in gold, silver, and BREND, and stopped providing support. I only started investigating and noticed the account was losing money until it was wiped out. Now they ask me to deposit more money to save the account, recover the funds, and close it. Honestly, with the information I've been able to gather, I don't believe them. I lost everything. Now they're calling me, raising their voices and threatening me, saying I must face the consequences and that I'll have problems internationally. They're telling me that if they harm me, I should see why Algobi doesn't consider the human aspect. That's what they're saying. They never showed me a contract, and now they've given me one I didn't know about and never signed. I demand a review of my account and compensation for the damages.

EASY TRADING ONLINE

The trading platform deducted funds without any reason. To the Platform's Customer Service and Verification Department: I am a registered user of this platform and have completed the compliant account opening process through our partner broker, Mr. Wang. During my normal and compliant trading, I used a publicly available trend-following EA trading strategy to assist my trading. I strictly adhered to the platform's trading rules throughout the process, without engaging in scalping, illegal arbitrage, illegal hedging, or any other irregular operations. This trade followed the market's upward trend, with normal position holding and profit-taking, constituting a completely compliant and normal market trading profit. However, after I generated legitimate profits, your platform, without any prior notice, evidence of violations, or advance warning, unilaterally and without cause deducted my legitimate profits from my account. This constitutes malicious freezing and unjustified misappropriation of my legitimate trading gains. All my trading activities conformed to the normal trading logic of the financial market. The Trend 1A tool I used is a publicly available and commonly used trend reference tool, not an illegal cheating plugin or a loophole arbitrage tool, and there were no illegal or irregular trading activities involved. I hereby formally file this complaint to protect my rights, with the following demands: 1. Immediate and unconditional return of all legally earned funds deducted by the platform without cause; 2. A written, official, and reasonable explanation for this unjustified deduction, specifying the basis for compliance and evidence of violation; 3. Immediate restoration of my account's normal trading privileges, with no restrictions, risk controls, or account bans imposed. If the platform fails to process or refund the funds within the stipulated time, or if it delays or evades the matter, I will retain all transaction screenshots, billing records, and deduction vouchers, and pursue all legal avenues, including regulatory complaints, legal action, and industry exposure, to hold the platform fully accountable for maliciously misappropriating user assets.

Unable to Withdraw

DEXIA

The manager colluded with the platform to defraud customers. No violations were found. Profits will be deducted and principal will not be returned. Please beware! If you experience any issues with withdrawals, please report the account manager immediately.

Others

BDSWISS

After deducting my principal and profit of over 16,000, it was a fraudulent platform.

Unable to Withdraw

DEXIA

The platform initially promised instant withdrawals, then promised 2-4 hours, but every withdrawal takes at least 24 hours. Now they're using various excuses to prevent withdrawals. When I contacted customer service, they told me to speak to a manager, but the manager, being just a salesperson, couldn't do anything. They're being completely unreasonable, claiming my account is profitable and therefore refusing withdrawals. Even the withdrawal channel isn't functioning properly. When I pressed further, they said they don't allow internal/external hedging, claiming I haven't hedged at all and am only trading one side. When I asked customer service for evidence, they couldn't provide any. Furthermore, the salesperson who contacted me initially said that as long as there was no internal hedging, it would be fine. Now that I've opened an account and started trading, the platform is using the excuse of hedging to refuse withdrawals without providing any evidence. This is a fraudulent platform; I can only lose, not earn. I strongly complain and demand an explanation!

Unable to Withdraw

DEXIA

Its's a fraudulent platform that doesn't allow withdrawals. If you can't afford to play, don't play. Please don't fall for their scams.

Unable to Withdraw

DEXIA

We followed the platform's rules for our single-platform transactions, and now they're not allowing us to withdraw funds. Our agent line has approximately $48,000 USD that they're refusing to release. They're using various excuses to deduct our profits. The platform can't find any wrongdoing on our part. How can such a large platform do this? Is this all the platform is capable of?

Resolved

DEXIA

It's a fraudulent platform that doesn't allow withdrawal.

Unable to Withdraw

zenstox

Zenstox is a scam, beware, don't invest in this platform. Don't pay attention to the negative reviews; it cost me dearly because I lost all my money. They lie to you to get you to deposit more money, but they don't let you withdraw. They block the withdrawal option when I wanted to withdraw my money, and they wouldn't let me. They told me to do some high-volume trades, and then they liquidated my account. Later, they called me saying they would restore the account balance, but I just had to deposit a considerable sum. In other words, they liquidated my account to take more money from me. Protect your money; these guys will steal it.

EE TRADE

EE TRADE does not allow withdrawals. They accused me of violating the rules without any evidence, asked me to submit various materials, then pretended to be mute, kept telling me to wait, and then hung up the chat.

Resolved

Zagros

I requested a withdrawal from my account with Zagros, but the request has been pending for three days without any execution. When I contacted their representatives, they consistently used delaying tactics and made empty promises of processing the request "within an hour" or "soon," without any credibility. I demand the immediate processing of the withdrawal and warn other investors against dealing with them.

Scam

squaredfinancial

I received a reply email from squaredfinancial today, and I'm really upset that the balance in my account is gone. If this is the case, I urge everyone to stop using offshore forex platforms. To anyone reading this, regardless of the platform, if you're transferring money to a personal account and have an offshore account, withdraw your funds immediately and stop trading. Don't even think about making money here. These platforms will never let you profit. They're all gambling platforms. Your profits are the platform's losses. They don't even have the logic of accepting the consequences of your bet. You'd be better off going to a legal casino, where if you win, they'll respectfully give you your money. These forex platforms are truly ruthless.

Unable to Withdraw

NXG MARKETS

Guys think ten times before making a deposit to this broker. They've not processed my withdrawal amount of 500.75 usd that i made on 25th of May. Despite being assured of the withdrawal to be approved by 10th of june by their Support team, no amount is credited in my bank account. I've submitted all the documents that were asked and signed their customer declaration form. Still they are not releasing my funds. I also raised the concern through a ticket on their portal but their response is not satisfactory at all. I mailed them on 10th of may regarding my withdrawal but they've not responded yet. I have attached all screenshots. Deposit at your own risk.

Others

Foundstone

I am a client of their platform. On Sunday, June 7th at 8:58 PM, my net worth was $68,000, and I had 14 lots of Bitcoin traded long at 62477, 62445, and 62544. While these trades were in progress, the platform suddenly experienced a price spike, dropping to over 50,000, forcing me to liquidate my positions at 57617.64, resulting in my account being wiped out. No other platforms or markets experienced this price spike. I took screenshots at the time; other platforms didn't experience a spike, and the price remained around 61836, not even falling below 61000. I will post the screenshots. Now I've tried emailing the platform, but no one is replying, and I can't get through on the phone. I want to recover my losses.

Scam

22K TRADER

⚠️ My experience with 22K Traders was extremely disappointing. They showed attractive profits and convinced me to keep investing. However, when I tried to withdraw my money, they repeatedly demanded more payments for tax, conversion charges, and transaction fees. Every time I paid, a new fee was introduced. Despite following all their instructions, I never received my funds. In total, I lost approximately USD 26,500. I strongly advise others to be very careful and thoroughly verify any platform before investing. Based on my experience, I would not trust this company.

Others

Upway

Unscrupulous platforms disconnect the network cable before drastically increasing prices. The short positions can't be closed. After that, the entire page freezes and becomes unresponsive.

Scam

Trive

Trive is a scam, a rogue, and utterly shameless. They double-crossed and illegally appropriated $142,000, including principal and interest!

DEXIA

The platform initially promised instant withdrawals, then promised 2-4 hours, but every withdrawal has taken at least 24 hours. My withdrawal from Friday still hasn't arrived. When I contacted customer service, they said my account was profitable, so they wouldn't process the withdrawal. When I pressed further, they said they didn't allow internal/external hedging and that I hadn't done any hedging. When I asked customer service for proof, they couldn't provide any. Furthermore, the salesperson who contacted me initially said that as long as there was no internal hedging, it would be fine. Now that I've opened an account and started trading, the platform is using hedging as an excuse to refuse withdrawals without providing any evidence. They won't even release a $1000 profit, which clearly shows that trading on this platform is a losing proposition.

Unable to Withdraw

DEXIA

This fraudulent platform doesn't have internal hedging at all. Even the manager said cross-platform hedging was possible, but now they're restricting my withdrawals because I can't afford it. If you can't afford it, don't play. This is all the promise you made.