NordFX Exposed: Account Blocking & Withdrawal Denials Hurt Traders Every Day

Is your forex trading account getting blocked at NordFX? Finding it hard to receive withdrawals? Do you face sudden fund disappearance from your NordFX trading account? These issues have not only hurt you but also many more. Their anguish on broker review platforms over these issues has become headlines across forex journals. In this article, we have shared their reviews. Take a look!

Negative Reviews Trending Against NordFX

Account Blocking & Withdrawal Denials

Enticing traders into depositing funds, blocking their forex trading account and denying them access to withdrawals have unfortunately become central to NordFX operations. Plenty of traders have accused the broker of doing this. Here is one trader who earned profits of $2,800. However, the company blocked the account and prevented the trader from withdrawing funds. Check the screenshot below.

Sudden Fund Disappearance, No Response from the Broker

A stunning revelation was made by a trader whose funds worth $13,000 disappeared from his trading account. The trader complained about it to NordFX only to hear nothing from the broker, further raising concerns about the capital safety. The screenshot below reveals this issue. Take a look!

A Trader Sought Help from the Police Over Scams at NordFX

The frustration lingering due to the numerous fake excuses NordFX gave over the scams committed by it made the trader file a complaint with the Police. The trader vowed to keep exposing the broker until he accesses his funds. Here is that screenshot where the trader expressed his problems.

Inexplicable Reasons for Withdrawal Denials

NordFX knows how to deny traders from withdrawing funds. It has excuses like, if traders want to withdraw, they must pay the margin fee. Even if the fee is paid, it will stop withdrawals, giving inexplicable excuses such as an inadequate credit score. Here is one trader who encountered this issue and saw his account frozen by the broker. Check the screenshot to know it better.

The Reason Why Trading Issues Exist at NordFX

The reason is obvious - the lack of a regulatory license to conduct forex business. It clearly means that NordFX is free from sharing details with a competent financial authority and implementing investor-friendly measures. With that, the Saint Lucia-based forex broker is able to bypass the forex trading laws, causing losses for traders. Keeping these problems in mind, the WikiFX team has given NordFX a score of 2.44 out of 10.

Moving on to WikiFX Masterminds, where forex insights, tips and latest updates enthuse community members

Want to join the bandwagon? Follow these steps.

1. Scan the QR code placed right at the bottom.

2. Download the WikiFX Pro app.

3. Afterward, tap the ‘Scan’ icon placed at the top right corner

4. Scan the code again.

5. Great, you have become a community member.