Scam

Phase Forex

A Phase Forex employee manipulated me with promises of high returns, constantly asking me to deposit money. My account balance was depleted by the 30 USD (approximately 100 USD) they gave me. I can provide all transaction receipts and correspondence if requested.

Severe Slippage

OTSO

The platform's spreads were initially around 26, which stabilized, but later fluctuated abnormally to 30-35 with extremely high slippage. I sent an email, but received no response and no one addressed the issue. The entire page was filled with slippage data. This is how a new platform treats people! I urge you to be cautious when opening an account with the platform.

Unable to Withdraw

Warren Bowie & Smith

They won't let me withdraw my earnings; they're always asking me to deposit more money. They haven't authorized any withdrawals. They said they authorized $4,200, and five days later I received a rejection email. Now I've placed an order for $8,000, and nobody will authorize it unless I deposit more money.

Unable to Withdraw

EASY TRADING ONLINE

Unable to withdraw

Unable to Withdraw

MAKE CAPITAL

I've never even seen this platform before. I deposited 500 and made a profit of 400. When I tried to withdraw, they kept saying the review process would take a month, and they were still talking about the review. I don't understand what they're reviewing.

Resolved

OTSO

OTSO is a typical example of a platform that uses "illegal trading and high-frequency trading" as an excuse, but its essence is a gambling model under which client's profit means the platform's loss . They don't allow clients to withdraw without any reasonable explanation, and even communicate directly in internal group chats to prevent withdrawals. Look how shameless they are! Previously, OTSO also had a direct connection with a fraudulent platform called TSKFX—after users complained about being unable to withdraw from TSKFX, their accounts were forcibly migrated to the OTSO platform.

Unable to Withdraw

OTSO

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

Unable to Withdraw

intermagnum

Initially, the investments were processed normally, but then they asked me for more and more money. When I reached $240,000 USD and wanted to withdraw my capital, they told me I had to contribute $20,000 USD, which I no longer had because I had gone into debt and had no way to cover it. I filed a complaint with the FSA and haven't received a response.

Unable to Withdraw

Trading IM

I negotiated several orders with Trading IM, but I was ultimately scammed out of a lot of them and couldn't withdraw any cash, as shown in the image below. It's been a year and I still can't withdraw any money. I haven't violated any regulations either. I don't know why I can't withdraw any cash. I'm now penniless. This is causing problems for my wife and me. I request that my problem be resolved as soon as possible.

Resolved

squaredfinancial

For example, if you have a $3,000 investment that has yielded a profit of over $20,000 in a year, and you made several withdrawals of $1,350 each, but your last withdrawal of $2,000 was rejected, and you then contacted the platform's customer service to request a refund of your principal and forgo the profits, your application for $1,650 was immediately approved and the funds arrived within minutes.

Scam

24 markets.com

My name is MUHAMMED ALI, and this review is based entirely on my personal experience over the past 6 months. I opened an account and deposited approximately $45,000 over multiple transactions. During this time, I was in regular contact with the company’s team. From my experience: - I received frequent calls encouraging me to take positions and hold trades - I was advised that my equity could improve and that I could recover losses - Based on these discussions, I made additional deposits At certain stages, I felt strong pressure to add more funds, with the understanding that otherwise my positions could be at risk. This influenced my financial decisions. Regarding trading and account handling: - My account was not completely stopped out at one stage, and I was actively managing trades - I believed I could recover my capital using my own strategy - However, due to bonus-related conditions and account restrictions, I was not able to freely trade or recover my deposited fund

Scam

Weltrade

In my trading account I had $534, of which there is a withdrawal of $531 that I do not recognize, and the customer service tells me that they are going to investigate and that it will take 10 days and they do not guarantee that I will recover my money. Every time I have made a withdrawal they always send me a confirmation code to my email.

Scam

algobi

Algobi, through its advisors, tricks people into investing and then prevents withdrawals. They claim your money is in the "financial market" and that to release your funds you must deposit more money; it's a blatant scam.

Unable to Withdraw

squaredfinancial

My withdrawal request keeps showing "pending review." Customer service initially said 1 to 3 days, then 1 to 5 days, and finally told me to wait patiently.

Unable to Withdraw

Quotex

Good afternoon, my problem is that I have tried to withdraw my balance six times from the platform and it returns the withdrawal saying that some data does not match, even though I have made sure to enter it correctly. They don't offer any solution other than to verify my data because they don't know which of my data is incorrect, and therefore they don't give me any solution.

Others

Olymptrade

I have been trading on Olymp Trade for about six years . On 24 November 2025 I submitted a complaint after observing unusual settlement behaviour in several short-expiry trades. One trade was internally reviewed by the broker and refunded on 27 November 2025. This confirmed that an execution irregularity occurred during that trading period. After this refund I reviewed other trades executed during the same session, including XAG/USD short-expiry trades. Several trades appeared to show similar settlement behaviour. In multiple examples the mini-chart displayed after the trade shows the position favourable during most of the trade duration but the final settlement becomes a loss at expiry. I documented these examples with screenshots, trade comparisons and mini-chart video recordings and submitted them to the broker. The additional trades were declined mainly due to the five-day claim rule. The case was escalated to FINACOM, where incorrect

Unable to Withdraw

Longbridge

This Hong Kong-based brokerage, Longbridge, attracted clients by offering commission-free services. However, shortly after using the platform, they began conducting large-scale due diligence, and many people have fallen victim to their schemes, with users being subjected to indefinite scrutiny.

Others

EMAR MARKETS

1) my live cent acc blocked 2) website login blocked

Others

CXM Prime

Absolutely garbage, the platform is deliberately manipulated, making it impossible for users to operate.

Scam

Fotmarkets

Fotmarkets made an arbitrary "balance correction" of -$4,562.08 to my account 1504016 on 03/25/2026, confiscating all the profit I honestly earned from GOLD trading. The arbitrage claim is false. As proof that my strategy is legitimate and based on market risk, the broker vantage (much larger and more regulated) audited the same trades and released my full withdrawal of $9,546.00. Fotmarkets only returned my initial deposit of $3,000.75 and appropriated my earnings. I demand the immediate return of the confiscated profit. This complaint will only be removed when the company acts transparently and pays what is owed to me.