I had a $65,000 account with Bal FX, and they knowingly let it crash. I was mostly making my own trades, and even when I made mistakes, they never warned me. When trades went badly, they would step in and say, "Deposit more money or hedge your position." I kept depositing funds, hoping for guidance. I even asked them to guide me, but they just kept pushing me to invest more.
Then, an advisor named M*** got involved. Even though I was already struggling, he advised me to open large buy positions in Nasdaq, DAX, and USD/JPY. I followed his advice, but only half as much as he suggested. That night, the market opened lower. When I asked what would happen, he said it would recover, but the market kept dropping. My account balance plummeted from $65,000 to $2,000. Again, I was told to deposit more or hedge, but I had no more funds to invest. I tried hedging, but with no remaining assets, the account was completely wiped out. They knowingly let this happen, and I lost everything.
I have been investing with Bal FX for the past two years and have encountered several serious issues: I had a balance of $1,667 and was trading gold. They applied a $4.5 spread on around 40 simultaneous trades, causing my stop-outs. They claimed they filed a report with the liquidity provider, but ...
On December 7, 2023, I was contacted by Kale FX and persuaded to invest $100 with promises of “great mid-term opportunities and guaranteed profits.” They assigned me a so-called advisor, Ms. N***, and within just 2–3 days, I was told to add more funds due to “low margin.” From that point onward, ev...
I’ve been working with W2 Forex for about 5 months. Initially, B*** explained everything to me and encouraged me to start with $100-$200, so I began with $100. They assigned me an expert, E****, who was very attentive at first. However, over time, due to my own busy schedule and their lack of follow...
I began working for Olive Markets, which claimed to be trustworthy. Em**was assigned as my expert, however, we couldn't manage to get my account running well. Signals were supposed to be successful, yet most of the time they caused losses. When I deposited money, I was unaware of the situation, and ...
W2forex initially seemed promising, with clear explanations and a smooth start. I even managed to grow my investment significantly. However, everything went downhill when they replaced my advisor with someone named A***. From that point on, none of the trades she made were successful. Her poor decis...