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2.3

Poor

TrustScore 2.5 out of 5

7 reviews

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Rated 1 out of 5 stars

Don't make the mistake of sending your…

Don't make the mistake of sending your money to this scam company. It's operated by a team of fake agents, claiming to be professional traders. I was unlucky to have trusted them once, which turned out to be a very terrible experience. They bait investors by offering nice profits and incentives on their investment packages. I fell for one of their tricks and opened an account on their page. They connected me with a fake account manager who convinced me to fund my account by stating that i would be making profits within a month.
I deposited a total of 5000 pounds and waited for my capital to grow with them. I requested for my money back after a month. Instead of providing my money, i was charged an undiscussed tax fee. I reluctantly paid the money, just to get my money unlocked. Although, nothing changed even after this. I repeated called the manager and customer support for days and received no response or feedback.
I reported them to the FCA whom informed me that the company is unlicensed and fake. I thought i had lost all money until i reported them to BermudaFinance Security, a cybersecurity firm. They helped me retrieve my money through a coin chargeback process, since i made the payments with bitcoin.
Do not trust Fxgtrade with your money or else you won't get it back.

17 February 2021
Unprompted review
Rated 1 out of 5 stars

THEY COMPLETELY BURNED MY ACCOUNT

FXGTrade is such an unprofessional, aggressive and to cap it all, a fraudulent broker. I'm indeed very ashamed of myself to have fallen victim of such a lame fraudster such that I begin to think maybe they hypnotized with some voodoo from Africa or whatever. My major saving grace was the fact that I kept receipts of all payments and all our conversations (including recorded calls) which came in very handy when I reported the fraud to the regulatory authorities who forwarded my complaints to top Forensic Analyst Alexander Wright (Telgram- ParadigmXP) of Paradigm CyberRecovery Organization -{ info☸paradigmtech◉org }. The team at PCRO consists of well trained experts who possess adequate skills and sophisticated equipment, they remarked that my exclusive receipts made the recovery process of my investment less tedious as they were able to pick lots of clues from the receipts which I presented.
These guys at FXGTrade seem to operate from Bulgaria (at least that's what their website says) but use a UK phone number which I should have sensed a red flag from the point when they started with their aggressive callings, making me feel a bit threatened that I had to pay the initial deposit of 250 USD. Made this payment on the 30th March, 2018 and started to pay more attention to my account as my account manager Edgar Schmidt promised that I'll make profits, which I did. He persuaded me to invest some more if I wanted to realize serious profit, after much persuasion I complied, invested more money and watched my account grow just as he promised. It became very interesting to watch my accounts grow, so I made several investments to this Fraudsters on a piece meal basis summing up to over a hundred grand, hoping to realize approximately three hundred grand in profits. To my dismay, 3rd week of May I realized that all my trading accounts started to accrue huge losses, Edgar claimed that my accounts were on the verge of getting burned and the only way out of the situation was to invest more money still on piece meal basis which I foolishly did. Eventually I got all my accounts restored and the only thing I could think about was getting the rest of money out the accounts. I requested to withdraw all of my invested funds and was instructed to purchase 0.2 btc on orangecoin website so they could have the withdrawal process facilitated, I did as they bid out of desperation to get my investment back. That was the last I heard from any representative of FXGTrade, I lost all access to my trading accounts and all my investment as well.

8 May 2020
Unprompted review
Rated 1 out of 5 stars

I am scam by someone from Fxgtrade

I am scam by someone from Fxgtrade, not to trust anything they say. When I ask to get my money, told a lot of stories to me about why I not get it now but need to send more in account more, after many week that I try, I realize they not want to pay me, I looking for help and hired an expert (details in this bio). I am glad to say I got all my money back.

20 April 2020
Unprompted review
Rated 1 out of 5 stars

REASSURANCE!!!

I traded with Fxgtrade and I lost brutally, met some online brokers here and still lost some more money, I was totally devastated and I thought I had lost it all. After loosing more to fake recovery services I was finally able to get my funds back with the help of a pro I read about on the deep web. Happy to share my experience. Reach me on johngray6020 atGmaiI dotCom

13 June 2019
Unprompted review
Rated 1 out of 5 stars

Fxgtrade is a scam

Fxgtrade is a scam. They simply want your cash and then they feed you supposed trades, that an 11 year old schoolboy thinks up for them. They take your money FAST but when it comes to repayment then there are suddenly a lot of hoops to jump through. They will ask you to identify yourself ( so they are satisfied they are returning your money to you) in this process they will ask for enough information and documentation that the next theft will be your identity. Strangely they did not need all of this documentation to take your cash and for some unforeseen reason are unable to use the debit card system they used to TAKE YOUR CASH to return it. Or so they say. Yes I fell for their scam and it was not until I reported them to the Treasurechargeback . com team did they return my money the same way it went out. Be very careful of this company you will lose money with them especially if you attempt to actually trade on their platform. This is a group of traders whose senior trader has not heard of the IG trading Platform, thats akin to saying you haven't heard of the stock market!!

21 April 2019
Unprompted review
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