Iforex Complaints - Not paying profit money as promised by iForex Here is the latest update that we gather on iforex state of affairs: It was incorporated with a fake Switzerland address. This was what was done done by IFOREX cum FIH Ltd. It appears to have no other forex trading licence from anybody whatsoever. All of you those who are interested to withdraw their funds please go to trade agreement and write a hard copy normal mail letter to that address for full refund and see the fate of your letter.

You would come to know the real play of iforex. These sources report that iforex people are not even replying to their cliam messages since last month and a half. Its very sad that you lost your harden mony, but you saved others in multiples. Thank you once again. Xforex is fraud company, Agent Mark from cyprus asked me to pump money several times.

After that he never turned back , no reply to my mails, no answer to call. These bastards are pocketing all losses of customers. Thanks dear i got call today THANK YOU AAL OF YOU Hey Vikky, I also lost my money I was amazed after reading this article, I had the same story Then I shut down my computer and again came online after 2 hours and I see I have no balance.

One of those cheats is Amit Do not know his surname or do not know whether this is the original name or not his email ID is amitr iforex. I am trading with them from last 8 months, I have withdrawed the funds thrice and their is no problem faced yet in their platform.

The problem occured when their is a problem with the internet connection Regards, Karthi, Coimbatiore. Hi karthi, Is it an Indian name? May I ask if u r in any connections with iforex? Today is Saturday, and on Monday I will begin my forex investments..

Wanna know why I would want to ask you? To prove that you are a part of their scam.. Hi, Karthi, I want to ask few questions 1. Do they allow u to change the password, 2. How much amount u have withdrawn each time, 3. Have u sent the scanned copy of ur credit card,is yes is it safe to do so.

Dear friends If you guys really want to be successful forex trader do trading with only Exchange listed Broke or With Bank like saxo bank,deutsche bank,UOB bank etc,whatever your order u put,all are in real market not in created market,Problem with online broker is that You depend on internet only,but if ur dealing with above mentioned brokers ur order can be placed online or via mobile or phone in real market Yes Iforex is a big fraud.

Plz plz plz dont go for such things. They just lure people like u n me. If you try to contact them they just dont reply. They dont even have a toll free number in India. Just some ISD phone number. Yeah, you're right iforex is a scam just like the jobsinus.

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Simply, don't fall victims to these vultures. Now i wanted to contact them but my account manager not replying.. It look like some other person is controlling the java plateform of iforex. Though i have converted my doller to doller but now i fear if i wud get my money or not.

As promised i was not given any training. Yes they charge 5 pip. Can u tell me any reliable servece provider wher pip is low and they really be trustworthy.

I live in kanpur , uttar pradesh ,India and i am success in trading. Call and talk to me: I went through countless blogs, each different in its own way, but by far this blog is far better than the rest. In both content and design, really good job in keeping it up. I was about to invest with iforex Please let me know for any trustworthy way likewise saxo and aforementioned banks.

Thank you so much for this blog,You save my USD which is going to spend next day. Thanks a lot buddy.. Hello Sir,This blog is very important Through this blog people will aware about the fraud iforex. This is a important post I would like to say thank you for the efforts you have put in this post. Hello Sir,This blog is very important to spread awareness about the forex markets That's why it is very beneficial for us. Thanks for writing this and keep writing best from your end.

This is an amazing post. Thank you so much for the info. It helps people not to get more scammed by iforex I wish this blog was here before i decided to spend and loose my money with them: Hi Sir, Thanks for this very vital blog. Luckily i found this blog to stop me become one of the scam victim.

By the way, Sir If you don't mind, will you introduce the trustworthy broker of forex to me? How to delete that Crap Account, I had not yet invested but those assholes gives me call n waists my time Thanks a lots for this post, I was about to join them. Now, I need to think twice! After seeing all this reviews I got shocked. Thanks for saving Friends I am really thankful I read your post. I've almost thought of joining iforex. Guys Please Read this as well: Thank you for the update I probably could not have come across a detailed blog on a very adverse topic like this..

Thanks alot dear for spreading this awareness. Today I also got the same mail as you mentioned in this blog. I have almost filled it up but when I was about to submit, thought to check about iForex on google. This blog came up on 4th in the search list and I am saved from this scam.

Dear all, Great job done. I was also about to invest. How to avoid a scam broker? Very simple 1 choose brokers from world financial centres such as NY, London, HK, Australia or singapore 2 Make very sure that they are regulated by the regulatory authorities in their contries 3 Avoid totally brokers operating from off shore islands, from tiny countries with no regulatory bodies and countries from caribbean islands.

I got attracted to the one to one training thus registered for an account. So a staff called from Philippines to tell that will give me a training and guide me all the way long. Thanks vikki n everyone for sharing this info. Please let me know for any trustworthy way. Same here, almost lost usd of my hard-earned money. Thank you for the awareness. I have been receiving several as in many calls already from a so called "personal consultant" of iFOREX here in the Philippines since I entered my details to their website a couple of days ago.

Thank God I haven't deposited my USD yet. And never will I. I am student and i nearly deposited the money. I was thinking that millions of people would join to iforex why didn't they. Then they told me that it will take 10 working days to receive ur amount.

But still i have not received a single penny. My account manager Dinesh K is not responding to the mails. I also called their toll free no. Every time different person attends the phone on this number and if we ask his name , every person told his name as "Shawn" which clearly states that these are fraud people. Now i have planned to register the compliant at Cyber Crime Branch and by heart wish that no one should get trapped in their fraud company. So investing my time to write this compliant here.

Again i will reiterate that " DO NOT GET TRAPPED IN THIS SCAM" I have all the mails of correspondence with them and my bank account statement as a proof of their fraud.

Tushar also be careful about your Card as you have given them scan copy of front n back, be aware they are fraud n can missuse. I've been seeing ads for these appear wherever I go. Seemed tempting given what I'm doing at my company, but I decided to check further.

Then I came across this page. I think none of what Vikky's written is a lie. I've been wanting to find another revenue stream for months since I started a new job. And losing two and a half grand's bad enough. Don't fall for this scam people. I'll try to share this as well.

Thanks for the heads up. I thank my lucky stars that I read this blog first before jumping in. The whole feel of their site presaged something fishy about it. HE allow most of us to see this. Actually Iforex is calling me few moment ago and she is guiding me how to activate my account. I just saw this when I'm searching how i could activate coz it wont work on the URL. GOD is really good! Amen to HIM who is able to control all things!!!

Great blog and Thanks a lot for all you as I was about to fill in some details and get registered for the demo account, before that I just happened to check about the same and I got this amazing blog and revealed about the scam. Good thing i researched 1st before depositing my money this afternoon.. Not sure if Google will take action against companies like iFOREX that pay them to post their ads on many sites.

Clearly, the people behind iFOREX use part of their loot to pay for Google AdWords. Thank you, Vikky, for posting this. Then lost every thing due to lack of margin ,. This is really a fraut forex portal. They are real basturds and sons of bitches and sons of many fathers I received a call from iforex today and they asked me to deposit usd. I asked them to give me some time as i needed to think before investing my hard earned money.

Thanks god that i checked in internet before investing. Forex trading is all about ur knowledge n strategy to trade. First analyse d trend then trade accordingly.

Nothing to blame d broker. Ofcourse they will take their brokerage to provide u d platform for trading. It help me a lot to decide not to get and put business with that fake business. One Riezne called from Athens,Greece called. Another lady also lankan,called for demo. We should expose the cybercrime and We can donate some to find out the truth. I parked dollors for almost an year as I wasn't trained and then after complaining someone did called me and asked me to trade so I started trading.

In two days they called me back telling me that to trade metals like Gold and Silver I need to deposit more money and they reversed the transaction of Gold and silver. Repeated attempts to reach them email and chat failed. Thanks a lot guys,for sharing your valuable feedback it has saved me from putting money in to it,only the fact that they have only out calling number and same number is not reachable when you call them, rings a bell of sumthing wrong, if these guys are fraud why isnt there any legal acction taken against them HOW CAN WE STOP THEM CHEATING PEOPLE?

PLEASE DO SOMETHING WHO HAS GOOD KNOWLEDGE ON STOPPING THEM. ALL PINOY KEEP AWAY FROM iFOREX.

This comment has been removed by the author. Thanks for taking time to write this blog. It gives awareness to all of us. They've been calling me two times. The first time they called me, the representative was convincing me to deposit the amount on the spot.

I told him that I need to make personal research about this since I don't have any idea about currency trading. I asked how legit this company and of course he told me that they are affiliated with SEC.

I'm not sure if this is true either. Although, I am very interested about this kind of business I won't jeopardize my hard earned money. Thanks God, He's given me wisdom to search about iforex before investing any cents.

Many thanks to you Vikky. They do not even have a permanent mailing address posted on their website. This is a gross violation of the law of any jurisdiction and even tax havens like British Virgin Islands. Their employees are ill trained and have poor communications. Most of them speak with pathetic south India English accents and are discourteous to customers. Many have reported that they manipulate market data as it streams in so as to grab deposits of unwary customers.

You may loose your entire deposit if you deposit it with them within a week's time. Their website indicates no names of owners of the website or responsible officials this is also a violation of law of any jurisdiction even if it is a tax haven. Employees are so very out of control that frontline employees are able to hide messages and hoodwink complaints made against them from supervisors.

All of their new deals are delayed to give you worst rates and they usually result in large losses. Their employees give you advise like'never place a loss limit as there is no need'. In case of one of my friend he had large exposures in covering deals and wanted to deposit funds their system was manipulated by their employees so that he could not deposit funds ;this was done so that he looses his entire deposit-this was most probably done by an employee against whom a complaint had been lodged by my friend.

I would strongly advice you to avoid fraudsters like iforex at all costs. They're now in the Philippines. I am afraid more Filipinos will be victimized by their scam. This must be stopped before they can make money out of other people's money. Call the BSP and NBI for protection and information for the people of the Philippines.

I hope soonest to prevent.. Let us all get together and complain to Interpol and internet regulatory authorities. I checked their european telephone numbers. They are targeting small time and uneducated people through small towns of India. And do not think you are trading in forex market when you deal on their platform-you are in fact, trading with manipulated market data,they would allow you to win few deals and this way you would deposit more then you go for big deals they would manipulate data in the middle of the deals so that you loose.

Their aim is to grab the whole deposit from you because it all goes in their pockets.

iFOREX reviews

Please spread the word as far as possible. Please ask for the following whenever iforex asks you to deposit any funds: THANK YOU ALL FOR GUIDING THE PEOPLE WRITE AWAY OF THIS FRAUD IFOREX. BUT I THOUGHT BEFORE OPENING TO ACCOUNT LET ME KNOW SOMTHING ABOUT THIS FIRST. Hello, I saw the adv on i-net and put my ID, Mob No. After 10 Minutes call came, saying they are calling from Athens. Some of them are from India also, as we call them NRI. I asked to give a single person name and contact details to satisfy myself, they are unable to provide.

They say that they can't disclose the identity of their customers. I ask them, wheather they have any office in India or not. Firstly they told that office is located in Delhi, but they can't provide the address. That office is only for paper work. Is there any one who has earn online i. So please guide me if someone has good knowledge about online work to earn money genuinely.

My email id is jkbhr gmail. I have also invested money to iforex I haven't received my PROFIT or even my MONEY INVESTED to them. I'm also one of the victim of their SCAM!!!!!!!!!!!!!!!!!!!!! I do hope authorities or government officials will make actions about these BULLSHIT SCAMMERS I wasted my money and time to them. Perhaps you guys knows nothing about Forex that is why you lose.

They are not scam i think. I already got some of the money to my bank account: Ya you should share your knowledge. I was just about to invest when I came across this blog. You appear to be the proverbial mole planted by the villain themselves. While they themselves do not come out in the open with names,identities and address and their licence details they put up rogues and idiots like you to make such false claims. Yes this is right if they are not scams whyc can't their CEO come out here with their PR and legal department.

Identify themselves with their complete contact information and defend each of these points. It is not that these poor criminal bastards are not monitoring these complaints;they are doing so on real time basis-but they cannot defend a single point. This website has been in severe cheating complaints ever since it began work. I have seen an earlier complaint board where some identified official came from iforex and tried to bully complainants.

He was immediately cornered by a flood of complaints and he ran away after single comment of defense. Now they are scared stiff as even offering such services to Indians is a crime punishable under economic offences category. These people can be booked for financing terrorism and money laundering activities also. I am of the view that all people who have a complaint against iforex join hands here so that such gross criminals can be stopped.

Imagine they are operating their website for Indians ,with little bother about law, with great impunity even today. Please come forward to file your claims. Just money lost and email would do. Importantly in the above complaint board mentioned by me..

These useless bunch of scoundrels have no scruples and they are frauds. Someone above has made a good suggestion. Go to their trading aggreement. Check the FIH address of Greece and mail them a written notice of withdrawal of your funds today and perhaps you would find your letter returned undelivered.

Iforex Complaints

Thanks you just saved me USD. We should really do something about these frauds. Hi I am From South Africa I trade wit Iforex is going good great fro me. So I do not know what you all talking about. Hi,am also in SA joburg,hw long have u been trading with them,please share your experience i also registered with them but havent deposited any money as yet. I am told there is an interpol about these frauds. Why now we all start a petition on Change.

Looks like these kids who are running iforex are not aware of the enormity of their crimes or they are too smug about what they can do by means of forex tech words and some cheap fake company patent in US gimmick I like the idea of a police complaint but it must be a criminal complaint so that most of these can never escape arrest.

People i have traded with iForex and made lots of big profits When it comes to the world of investing, three words come to mind: For us "people" the questions seem never-ending. The world of investing can be cold and hard. But if you do thorough research and keep your head on straight, your chances of long-term success are good. Can you please inbox the names of the people you have dealed with? How do you do the recearch? I ask becuase I also thinking of trade on iFOrex.

Your career is the engine of your wealth. And once you've made a decision, make sure to re-evaluate your portfolio on a timely basis. A wise holding today may not be a wise holding in the future. Why do you all keep missing the logic! When you do not know plumbing, electrical or any mechanical work like repairs - how did you assume you would know all about markets.

You hire a lawyer to fight a case, a doctor for medicine but when it comes to investing, why do you assume you have the skills!!! You may like to visit a blog by prof. You joker what analysis is needed for investing in forex with cdfs open for years-do not joke- talk about manipulation of data when you are sleeping and your cdf is open.. THANKS- MOHAMMED - SAUDI ARABIA. Philippines and with different banner name of Amikat Services Iforex is not a SCAM. It is a reputable company and has been operating since ,legalized by CYSEC.

Those people who wrote this BLOG is PAID by other company for marketing strategy. They also know how they lost that money. If your junkhead cannot see or read that and if you still DARE to call those bunch of convicts -needing immediate JAIL-as good- just check how licences are issued in CYPRUS-through money and girls- how do they operate in restricted places of Asia like India then Again, I am not sure.

I am not saying that anyone here is right or wrong. We are all entitled to our own opinions and experiences. I like to explore forex trading. I believe given sufficient knowledge it will be a rewarding investment vehicle. But again, key word is knowledge. Then also, the next prudent tip on investment, is to research the company you are dealing with. Know the credentials it claims for itself. Search the web for others opinions about it. This is not the only site where negativity reeks about iForex.

A Google search of iForex reviews reveals mostly negative stuff. Likewise, the absence of iForex in defending their credentials speaks volumes already. How come they can spend a lot for web banners and ads but not spend on some PR and address the negative reviews. If it is done as negative publicity by competitors then why not address it? Likewise, the lack of regulations and credentials in their site is fishy too. For me, I will consider ironFX, another online trading site I came across with.

I have yet to research on reviews about it but I can see from their site that they publish all their regulations and licenses and the addresses of all their offices. Although the site appears intimidating because of all the content I think it is more legit. Forex trading is a good investment but only if you are armed with sufficient knowledge. You have done the right thing as they actually freeze the system when a person starts earning and in case the person realizes some problem with the system they say it is a problem on your side If you guys have been cheated why are you not filing a FIR with your local police against iforex.

I really do not understand how u guys can simply "forget" the pain to be cheated by these crooks. In such case you simply deserve to be cheated. Friends pls add another online company called traderXP.

Same experience, i simply gave up trying to get my balance back. Many thanks that I had gone to this blog before giving out my card information As I am eager to earn and make money online, I am willing to deposit usd today as someone called me. Interesting to know then that they already have call center here in the Philippines. The girl who called me is a filipina and is convincing me to put usd on my account on the spot.

CREDITS TO THE BLOGGER. I also got a call from iforex and so i did some research about them and came across your blog. Then i had this conversation with them: Sir,it may be a coincidence! I belong to Maharashtara,India. Then we will talk in Marathi now i am a delhiite but i know a li'l Marathi as i did my engineering from pune. We are not allowed to do that. Call me from some number which belongs to Manila. Why you people are making fool of innocent people?

Don't call me again then. Then he started speaking in a bad very bad language and as he knew my name which has "Ahmed" in last ,he started making communal remarks and later started abusing my family and then he switched to North India which made me clear enough about one thing at least that he was not a North Indian and a pure racist and some uneducated guy, whom iforex has hired for few bucks to make millions: P I very calmly said DEAR Maharashtrian,sitting in Manila,calling from fcuking nowhere,PLEASE FcuK OFF!

And then i put the call on hold. After that i got around calls one after another from him and everytime i received and put it on hold until he was exhausted! BTW now i am planning to use different email ids to register on their site to have fun in my free boring time!

Haaris that is nice idea - firstly they will waste their minutes on call which is charged to them. Day before yesterday i ate up 1 hour 30 mins of their time. For those Filipino that would like to invest in forex and avoid forex scams. Please be alert on scams. Filipino need to learn about this so we cant be fooled..

They almost got me there. I saw an ad while on the internet and was interested. I filled up some info and validated my account. After a couple of days someone called me and told me she's from iforex and explained the platform. Then she asked me to deposit usd so we can start the training.

The training platform is just a demo.. I told her that I dont want to use my credit card cuz I applied for a loan and the credit card rep told me not to use the card until I made the first payment.

She asked if I have another card. I have a debit card and told her that Im not sure if it has enough cash in it It has cash on it but I was not yet ready to invest. She insisted I try. It failed She was the one who told me it failed. I guess because she has a faster internet connection, I was just using mobile. By the way she told me earlier that she can see what Im seeing on the screen the moment I logged in. She asked when can she call me again because there is something that will happen in the market after a week that will cause a lot of movements in the currency and help me make a lot of money.

She wants to call me back 3 days before that day so she can prepare me. She called me again, same person, that was a tuesday. I told her Im low on cash right now and will be busy on the following days so maybe she can call me a month later. After a week while having dinner, I overheard on the tvnews that Iforex was raided.

I did not get the details really. I just went online and saw this blog. Texted the number of the person that was supposed to be my trainer and told her to remove my account from iforex and dont call me anymore.

I felt stupid for almost falling for that. Yes, I should have checked first. That was really careless of me. Thanks for this blog and the detailed comments.

If these people are not FRAUDS then why not reveal the name of owners and their contact information-let us have a face to face talks you iforex CHEATS.

They are located at 27th Floor Fort Legend Tower 3rd Avenue Cor 31st Street, Bonifacio Global City, Taguig. For complaints, please call NBI. They are registered in the Philippines as AMIKAT Services, Inc.

I am a successful trader and if you really want to be a successful trader then call me or come and meet me kanpur, U. Can you identify your trades and profits with iforex and your withdrawals? You have not furnished the needed evidence thus far Mr.

Please know that if you are a paid mole of iforex.

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Nach na jane aangan teda Their ex employees have revealed that their only job was to manipulate individual clients out of their deposits. Do you have invoices bill for iforex trades?

Are credit cards allowing iforex transactions now? Is iforex licenced to trade in India. Who are the employees and CEO of iforex and their street address on permanent basis. These thieves are thieves and they should all be behind the PRISON.

Answer all these questions first before you start teaching- what is nothing but guessed gambling. Aaangan tede ke bacche tu yeh bata tera aangan kahan hai iforex ka permamnent address bata at least one lakh will reach that aangan with police now.

Chal tere mein himmat hai to bata iforex ka address. Kyon be abhee chup kyon hai matherchod chor. Tera mobile sahi hai ki yeh message pad kar SIM phenk dega. Sir your dougt is clear if You coll me MR JUNEJA. What doubts will you clear you accomplice and mole. Agar khair chata hai to diya gaya SIM phenk de nahin to police soonghte tere ghar par aane wali hai khurana ke bacche.

Saale yeh pata lag chuka hai kee is website main lefties of an Indian Financial Institution are involved. They are working and cheating in BLISS and quite a few of them have also been profiled. Ab kuch der hai kee yeh sab expose honge.

Unke saath tere jaise commission khane wale chor bhi. Unko ja kar bata de ki website band kar bhaagne ke socchen. Do not join them but complain to police now. April 2 guy avoid iforex with a BARGE pole Hello, I'm from Indonesia and I got interview from Amikat Service Inc as bahasa Indonesia speaker. Is the job true? Thank you so much. But pls do go and get out their owner information -name and contact and then help us all here. We are all itching to get EVEN and draw some good BLOOD.

Another good source for the topic, iforex-trader. These bastards have looted millions of dollars of innocent public and have no shame. They are still doing it.

Please join hands and send me your complaints at my email so that we can nab each of these petty criminals who once arrested will definitely be behind bars. These bastards are FRAUDS and financial criminals.

These people have looted everything from each customer they ever had and all victims should file a police complaint. Who after all are these scoundrels who can continue cheating on website almost forever. No criminal ever escapes for so long and how they have survived so far.

Please be brave and come forward with your losses in increasing numbers. Please be assured that these are small time bumpkins-who are middle class and lower middle class blokes-their organizers are also lower middle class leftist people who have no significant contact or clout anywhere except sharing monies looted from us all.

We must clamp down and expose all these rogues immediately. Anybody can check that in minutes by querying iforex trademark and then you could query swiss postal authorities as to who occupies the address claimed by iforex. You would know it is a mall and commercial shop of an entirely different name,. One of friends have done the iforex trademark verification and cross checked the registered address with Swiss postal authorities and he was shocked to see that iforex rather FIH ltd was fraudulently claiming somebody's address as its own and shock of shocks USPTO accepted it all I lost USD.

I was late to realize this fraudsters I also had a strage experience of my deals getting closed on their own without my intervention and at loss. Closing deals whenever they want for no reason. I still have about 60 dollars in the trading. Imagine how much money these bastards and scoundrels would have made by now. IFOREX is a good trading platform , I has been with them since , n recently make a profit about 20k usd, n even had withdrew to my local bank account, n puncture time to received money, why in this got so many negative for it, show the full proof of evidence to public, to me seeing is believing , feel it n experience it, thanks iFOREX guide me to succeed in currency trade.

You shagged out shit of a whore. Before depositing money with iforex i get call from iforex several times but after depositing money not a single call and mails are received and there employee tells me to purchase one commodity with wrong information. I think stay away from iforex if you want to save your money because iforex is monitored by ingenuine persons in starting if they give profits it doesnot means they are correct. This is starting to get more engaged with iforex and preparing for heavy losses.

Iforex is running with fraudulent practices just to attract customer by giving heavy returns dreams and theft there money. Millions of personnels looking to join should stay away because this is a scam runs by unknown persons. Donot faith on saying of iforex employees because they are just thefting money of persons by giving wrong information.

This is required to be banned and indian are required to be saved from such biggest scandal and loss of money. Indian government should take serious action to block the account of iforex so genuine indians can be saved from such scam.

This can create a great panic for indians. In starting you will think you are gaining. But thats the only trailer they doesnot give anything to you. They are all liers I had joined iforex to gain knowledge of forex market as per highlighting at there site regarding 7 day trial.

But no training is provided. On first day of joining iforex I lost my whole money in commodity purchased as per the instruction of the person who joined me. And in same day without any trading my account balance get zero. Now they are saying do such thing and that thing. I just like to save millions of persons from iforex. Please stay away otherwise you will also blame yourself like I am suffering. This is a scam create by the person working in iforex. I just ask her to give such thing in writing with the authorization of controlling officer they cut the call.

Because donot have any faith on them what they are saying is correct or not. Middle class , salaried people are always fall prey to these scamsters , iforex is just one of them Middle class , salaried is easy prey , sometimes they really deserve it This is the one of the best and informatic blogspot i ever seen. Hi my name is Irfan Gujjar. I'm freaking pissed off about Ironfx.

I am a client of them and trying to withdraw from last 2 months. First they said that the payments department is overloaded, then they said that since I made a lot of profits then compliance has to approve my withdrawal. How the hell are they processing so long time? And IronFX boasts on their website that they have ASIC, Cysec, FCA, Eurex license and membership.

It's a big bullshit. Payment transaction are mentioned Below: I would very much appreciate it. I've just been fool not withdrawing earlier from Iron. If you want to help me contact me on: I've been using iForex for about a year and just put in my first withdrawal request. I will update you on the progress. Hopefully I get my money out! I had to sign a withdrawal request, then send a copy of my ID and proof of address.

I received a phone call and an email confirming: This is an automatic e-mail confirming that your withdrawal request was approved. The amount was transferred to your bank account or refunded to your credit card. I'll update this once I receive the payment in my bank account. So far so good! Well got the payment in my bank account today. The payment came from a bank in the UK. I was very worried after reading all these comments but iForex seems to be ok with withdrawing from my experience.

The only thing that put me off and why I withdrew all my money was that their system closed trades because of my stop losses, but checking their charts, my trades never hit those levels and the stops should not have triggered at all. It seems a bit underhanded especially when some of those trades could have had good runs.

I'm going to move to FXCM. Makes it more risky. Anyway that is my advice and experience, wish you all well with your forex trading! Somebody needs to take action for all these fake companies.. Wow, that sounds really great. Thanks for your help! Thanks for sharing your experiences. You saved alot of people from being scammed out of they hard earned money likewise. I think that stock future and forex market needs alot of research and at the end of the of the day it can go in the opposite direction.

Please consider Sports Investing. Thats the way I am going at the moment. I would like to advise that you trade with the ultimate Forex broker. Thursday, September 24, iforex.

Dear friend, I am writing this blog to spread awareness about the forex markets and how some so called forex brokers are using this not so much regulated industry to cheat people off their hard earned money.

Let me introduce you with one of such brokers iforex. I am writing this with my personal experience with this forex broker. It all started a couple of months back when I saw a big add on my ymail account drawing my attention towards it. You will soon get to know why!! I clicked on their advertizement which asked me to fill in my personal details one of them being my phone number. The same day I got a call from their call center guy. I will not take the liberty to mention any names here!

I was in a coffee shop sipping at my coffee. I thought let me learn a few things about forex markets. So, I allowed his cold call. The guy sound like the forex is the key to be millionaire; and its the silver bullet to be rich even when market is down unlike stock markets. Well that sounds pretty interesting, got hooked. Who would not, when you are told that you would make profit no matter markets are down or up.

He told that iforex. Like brokerage is to stock markets; pips is to forex markets. Well at that time I did not know whether 3 pip is impressive, but later I knew that most of the brokers charge less that 1 pip and they all are reputable and trustworthy.

This was not all. To my shock they were charging not even 3 but 5 pip spread which is worst in the industry. So here was there first lie, which could only have become visible after opening account with them.

I was lured into opening the accound with them by depositing USD for a start. Now their second lie was about to come up visiblr. What I was told was that on deposit of USD, I will be getting a bonus of dollars which I could after I had done an initial trade of USD, but after opening the account it turned out to be USD.

SO this was their second lie. Now I started exploring the forex markets on the web, learning about them so that I can make some profits. I was moving cautiously. Now let me write down a few observations about their so called trading platform. It sucks big time--its crappy--even I reported some bugs to them. Well despite a spread of 5 pip, I started making profit. By profit I mean that the amount on the right top corner on their site was shown increasing.

But if I earn 1 dollar I was paying them 5 dollar. Days passed by and I kept on learning about how forex works through internet. There are lot of resources available like babypipis.

Now I started realising that there is something fishy about iforex. And I started complaing of high spreads, no bonuses, no payback--any forex trader will know these terms. They told me that if I deposit USD more they will reduce my spread to 3 from 5. I was still high on the prospect of earning more and neglected the dangers lurking ahead.

So I went ahead depositing more. By this time I had USD shown in that very right left corner. One thing I forgot to mention- when I deposited this extra , someone from iforex called me and requested me to tell the call centre that he persuaded me into depositing more money so that he could earn some incentive. This was more fishy, but I still did that.

Now my spread was 3 pip. Well I studied a lot into forex markets and by lot I mean really a lot. Days passed by, I played the game well. But right behind my head, there has always been this feeling what if this iforex thing is just a fraud. So I wanted to withdraw my money now. And I expressed it to them. Irritatingly, they asked my ID proof to be sent again. Well now let me tell you what were they upto. They only wanted to delay the process.

Though I sent my id proof again I was not able to withdraw money. They delayed the process and in the meantime they showed, on their platform, that I lost my money in the market.

Want to know how?? Well here it is in nutshell- The truth is that I was not putting my money in the market at all. It was all like a game. What They did was exersiced their control on their platform to reach the stop loss limits so that I could loose. And When I was making huge profits I was not able to close my deals on their platform. I wondered to myself, if all this exists in an artificial environment.

They could control the platform from their side; I have experienced that all by myself. Seriously, I went back and forth with 8 different members of their support team, a new person each time. That was hard earned money. After this experiece of mine I have come to this conclusion that Iforex.

So guys if you are investing in forex markets , do research well before choosing a forex broker. Posted by vikky at Please let me know for any trustworthy way', 'timestamp': Smart Comm retiree', 'timestamp': Then lost every thing due to lack of margin , ', 'timestamp': I am told there is an interpol about these frauds', 'timestamp': Tera mobile sahi hai ki yeh message pad kar SIM phenk dega', 'timestamp': Agar khair chata hai to diya gaya SIM phenk de nahin to police soonghte tere ghar par aane wali hai khurana ke bacche', 'timestamp': Do not join them but complain to police now', 'timestamp': If these people are not FRAUDS then why not reveal the name of owners and their contact information-let us have a face to face talks you iforex CHEATS', 'timestamp': We must clamp down and expose all these rogues immediately', 'timestamp': You would know it is a mall and commercial shop of an entirely different name,', 'timestamp': Anonymous January 4, at 3: Vijay August 21, at Anonymous January 12, at Anonymous June 2, at 9: Anonymous June 23, at 1: Pankaj Chouhan June 24, at 8: Anonymous January 13, at 7: Kaustav March 9, at 9: Anonymous January 13, at 8: Anonymous April 10, at 5: Anonymous June 15, at Anonymous November 13, at 7: Anonymous March 15, at Arsh April 15, at Rahul Gupta March 13, at 1: Anonymous December 21, at 1: Anonymous December 29, at 6: Anonymous August 5, at Anonymous February 9, at Heena February 28, at 2: Neha February 28, at 8: Payal February 28, at 8: Anonymous March 25, at 9: Anonymous April 20, at 1: Kelvin May 21, at 1: Anonymous July 31, at 7: Anonymous September 11, at 4: Anonymous September 20, at 4: Yogeswara Reddy October 11, at 6: Anonymous October 15, at Anonymous October 30, at 3: Mani Kandan October 30, at 9: Anonymous November 1, at 9: Anonymous November 6, at Anonymous November 13, at Anonymous November 24, at 7: Anonymous December 7, at 5: Anonymous December 18, at 7: Anonymous December 30, at 8: Anonymous January 11, at 3: Anonymous January 17, at Anonymous January 18, at 2: Tushar January 20, at 9: Anonymous May 21, at 2: Unknown August 12, at 6: Jonas Lopez January 30, at 7: Subhodeep Roy January 31, at 9: Anonymous February 5, at 9: Anonymous February 14, at 5: Anonymous February 17, at Anonymous February 18, at 9: Leann February 19, at 6: Anonymous February 22, at 3: Anonymous February 25, at 9: Anonymous March 1, at Anonymous March 6, at 3: Anonymous March 11, at Raju March 14, at 4: Fatema Khatun March 16, at 5: Sanjukta March 18, at 8: Anonymous March 25, at Anonymous March 29, at 9: Anonymous April 6, at 4: Rupesh Chikop April 7, at Navnit April 17, at Sulit Host May 20, at 7: Marilou Bangahon May 20, at 8: Anonymous May 20, at 8: Anonymous May 22, at 9: Anonymous December 2, at Anonymous June 12, at Anonymous June 5, at 4: Anonymous June 8, at 4: Marianne Paras-Quiaoit June 22, at 7: Anonymous June 25, at Anonymous June 26, at 6: Anonymous June 26, at Anonymous July 1, at 4: Anonymous July 8, at 4: Anonymous July 17, at Mlungisi Thusi June 4, at 8: Anonymous August 6, at 1: Sur August 7, at 3: Anonymous February 25, at Anonymous August 19, at Anonymous September 7, at 8: Anonymous September 7, at 9: Anonymous September 9, at 2: Anonymous September 17, at 9: Anonymous September 17, at Anonymous October 2, at Anonymous October 7, at Anonymous October 11, at 4: Anonymous November 11, at 2: Anonymous November 14, at 5: Anonymous June 23, at 2: Anonymous November 16, at 1: Anonymous November 22, at Anonymous April 8, at Anonymous January 1, at 7: Anonymous January 8, at 1: Anonymous January 17, at 2: Shak Datoy January 19, at 8: HAARIS January 20, at 9: DONDI LABOY January 21, at Anonymous August 20, at 3: Frances Rubio February 7, at Anonymous April 22, at 7: Anonymous February 28, at 6: Anonymous March 7, at 4: Anonymous March 7, at 6: Anonymous March 9, at Anonymous April 8, at 1: Anonymous June 11, at Ashu Khurana March 25, at 6: Anonymous April 2, at Anonymous May 14, at 3: Anonymous May 20, at 9: Areef May 27, at 9: Anonymous June 9, at 8: George Gore June 11, at Anonymous June 17, at Anonymous June 17, at 1: Anonymous June 17, at 2: Rajeesh June 19, at 3: Anonymous June 23, at Anonymous July 12, at Anonymous July 31, at 2: Anonymous July 14, at 8: Anonymous July 16, at 4: Rahul sharma October 22, at 4: Anonymous November 10, at Muhammad Irfan April 14, at Brent May 8, at 8: Brent May 11, at 6: Brent May 12, at 4: Neha Goel October 10, at 9: Anonymous January 21, at 6: Unknown February 11, at 1: Anonymous May 16, at 7: Blogger September 20, at 2: About Me vikky View my complete profile.