Exposing FreshForex: Entices Traders with Beneficial Schemes But Scams Them Afterward

FreshForex adds to the list of fraudulent forex brokers who look nice and clean at first glance. But as you move along with it, all you witness is SCAM! Alluring traders with beneficial schemes has helped FreshForex gain an extensive clientele with massive investment portfolios. But what about the service that traders expect from brokers? This is where the broker has failed on multiple occasions and with multiple traders. In this exposure story, we will reveal all that.

Top Complaints About FreshForex

Bonus Was Only on Paper, Not on Execution

FreshForex allured investors with attractive bonus schemes. This made them deposit a substantial amount. However, the forex broker gave inexplicable reasons to deny bonus claims. But to receive the entire profit, you will need to deposit an amount relative to the earnings. It goes to prove that the company lacks customer service. To retain investors, the service quality needs to be upgraded. This complaint made us pause and ponder.

Illegitimate Ploy to Attract More Deposits

Alluring investors with bonuses is a trick in disguise. On the platform, you will see profits. But to avail of the entire profit, you will need to deposit relative to the amount you earned. You may agree to it. However, FreshForex will deny withdrawals by suddenly introducing laws that forbid the same.

Investors Made to Pay Fees Before Receiving Withdrawals

Receiving withdrawals is indeed a massive issue at FreshForex. Earlier, you saw that when investors tried to withdraw, they had to face high charges and deal with increased spreads and commissions. Some customers are asked to pay fees for withdrawals. That is totally uncalled for! Here is one investor making this complaint. Thank God, he managed to recover funds by contacting an individual named in the complaint screenshot.

The Root Cause of Scams at FreshForex

FreshForex, a Saint Vincent and the Grenadines-based forex broker, is not licensed by any competent financial authority. So, the scams mentioned above didn‘t surprise any of us at WikiFX, the world’s leading broker regulation inquiry app. We have assigned it a poor score of 2.18 out of 10. Saint Vincent and the Grenadines

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