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I started with 10, 000 USD equity in April 2012 and within one month went down to 8900 and after assurance from their branch manager I continued but in 2 months time it went down to 6500. I warn people not to get into their false promises it is better to work with other agencies who has stronger fundamentals to take care of your hard earned money. CMC staff is not trained properly.
The complaint has been investigated and resolved to the customer's satisfaction.
I am surprised to read all stories that how come everyone is so simple and NO NOTHING. OR might be all are innocent people
There were many illegal companies and there are many companies but remember the following;
Always check trade license copy and if you want to trade Forex, Commodities or Stocks trading then there are two Major Regulatory Authorities and these are;
1. The Central Bank of UAE for trading in Int’l Financial Markets: Forex, Commodities & Stocks trading etc
2. Dubai Gold & Commodities Exchange (DGCX) for trading in DGCX only and not Int’l Financial Markets
Now there are many companies who only have Economic Dept Trade License from Dubai or Abu Dhabi and no other license but still people blindly invest and later on cry loud and shout. If you have invested with such company then you should report the matter to Economic Dept Compliance and also to Police and tell them that this company does not have proper license and they deceitfully fooled you and took your money. Always keep your money deposit slip and account opening form copies and submit with your complaint
If Central Bank of UAE licensed company provides you DGCX platform then you should check their both license
1. Central Bank of UAE license 2. DGCX license
If DGCX licensed company provides you Int’l Financial Markets platform then you should check their both license
1. DGCX license 2. Central Bank of UAE license
In both conditions if any of the company fail to provide you license copy then directly report the matter to their licensing authority or to Police or to Niaba regarding that company LICENSE VIOLATION and also they took your money deceitfully
Many people don’t want police or court trouble so don’t report them but you must report to their licensing authorities and it will take only few minutes. You can send the complaint letters through emails or Fax or by post
Never write companies names on social media through Internet because they can sue you for defamation. You are a sufferer and then you will suffer more because you did not take action on right time thorough right Dept but they may
Century financial brokers are simply not capable..they may be doing something which is not realistic. I had invested 10, 000.00 us dollar, it went to less than 5000.00 suddenly and now at 3900 US$..i fought with them for many days and and was promised that they will get it returned. But nothing happens.hey too are frouds as i believe...i have to see now how i can complain about them...any one out there thinking about investment i would suggest only in DFM or national bonds...
Thanks...mansoor dubai...
Hi Guy's
I invested with century brokers and had really good results. 5 to 7 % return im getting on monthly basis
which is really good. but their are some month which they don't give nothing because of market uncertainty. but im happy with them.
Share you contact details
guys we need to share info together.. here is my email... faadi20@gmail.com
Its time we expose them out.We need to know if he is running some pyramid scheme, collects money from people and then fools around.Her wife is not revealing anything on social media, its time she informs people.
so finally MMA is behind bars... need great courage to hit them like that because if you will se its all fake... every single thing they pretend is fake... guys we need to share contacts incase anything happen so we can be in touch.. i am a govt employee and living here in dubai.. any one interesting in sharing please contact me you can find my contact in my profile.. thanx
I think you have lost NOT because for any broker, You must have lost because of your Greediness and mistakes. Margin Trading is a Risky Business, no body guarantees, haven't you read the disclaimer.
Dear All, thanks so much, I was about to invest $500000, as I had an impression that this company have a one trillion dollars turn over each month
Dear expat1971,
Please get in touch with me at towerquote@gmail.com to discuss more about MMA Forex. Thanks
Dear all
Please note Mma forex company operated in Dubai is fraud! Please be aware I hv lost 40000 dhs. The operators are Pakistanis and ready to face anything to take away our money. I am going to complain in quises police station please join with me. Thanks
Its getting weirder every month where Mr.Naureed is posting his pics on his twitter account @NAUREED with private jet with fake stickers which anyone can charter to horses which u can find in old nad al sheba race course which he is going to race in south african derby to his ferrari with blue export number plate (not yet registered in uae) to his failed attempt to launch mma radio and social networking site mma konnect and mma airline which was soon to launch from Ras al khaimah (UAE) but never took off and not to mention mma fashion with silly name of champakali to his mma bank which merged with mma forex afterwards plus posting comments about his new launch of mma mobiles (seriously ) with poor investors money and the list doesn't end from the month of may 2012 till September 2012 they have changed their payment methods like at least 4 times from banks not accepting our payments of really big amounts to take it cash from branch then to moving it to every second month.
And still if ur interested have a look at all the interviews which Mr Nuareed has given on various TV channels and if ur lucky u will be able to find a person who is running a multi billion dollar firm on his own(which i doubt by looking at his confidence) with out giving a single satisfactory answer for a question.
If akram can post the statement then this dispute can be clearly understood. Unfortunately 95% traders around the world loss their hard earned money. There is a certain way to be successful in forex industry if strategy is based on fixed logic with historical verification. We can assist to earn professionally. Here is a link www.trade-council.com to consult financial matters particularly mathematical based trading sysems. All problems like above arises due to flopped trading strategies
i have invested with mma forex for past couple 2 months i am getting my profits as promised hope fully it will stay the same.
Its scary, I was about to invest in Century brokers . Wt about MMA forex company.?