FXNX

FXNX confiscated all of my trading profits after accusing me of “coordinated hedging” under their NX Boost Bonus program. The company provided no independently verifiable evidence, only vague references to internal monitoring systems and a statement claiming the decision was “final and binding” with no right to appeal. They voided all profits and confirmed by email that I would be allowed to withdraw my original deposited capital. However, despite this authorization, my withdrawal request has remained pending since 20/04 and my funds have still not been returned. This raises serious concerns about transparency and fairness. FXNX made accusations without presenting clear proof, denied any fair review process, confiscated profits, and continues to delay returning funds they themselves acknowledged should be released. I strongly advise traders to exercise extreme caution before depositing funds with this broker.

I created an account with this broker and made a deposit. Initially, my account was fully verified. After that, I started trading and earned some profit. However, when I submitted a withdrawal request, they suddenly marked my profile as unverified. I completed the verification process again, but they rejected my withdrawal. I applied for withdrawal once more, and now it has been around 10 days, yet the request is still pending with no payment made. Earlier, their account manager was in contact with me, but now she has also stopped responding. I have tried contacting them through live chat multiple times, but there is no proper response. I also reached out to their support team, but they are not replying there either. I have all the required documents and proof. This situation is very concerning, and it feels like they are intentionally delaying or avoiding the withdrawal.