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EUR / USD currency / Misguided and i lost rs6000

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Dear Sir,

i would like to share my financial pain with you and really wanna to know if anybody can guide me the proper way to take necessary action to get my hard earnings back from forexnx.com website. I have opened my account with forexnx by investing Rs.6000 which is there minimum requirement on March 5th, 2014. Before investing i have enquired for this website and found is quite good earlier as these people told that they are always ready to help people who are totally new in this field. Earlier they asked me to invest more so that i will get attractive bonus but i refused. Later on i asked them all positive and negative aspect that time they told its trading but they had never seen any of their customer facing a big loss as they are always ready to help us and they had opened by demo account. Later on I started trading on my real a/c100210073 by July 2014.But when i request for a call then only they use to call me but they never bother to call by themselves on 10th july i opened a deal by buying EUR/USD and it was going on continue loss and then i called up on 27th July, 2014 so that they help to recover my loss. one mr.Akshay picked my call and suggested me to again go for the same deal of buying it. I objected saying that it is already in -50$ loss then why are you suggesting me to buy the same deal, he told me with full confident that the market is going to be in a good profit and whatever i am loosing i will get it back, listening to him i had again buy the deal the same day and it was on terrific loss. I had then done hatching and open a deal of sell of EUR/USD pair where i was getting profit but another Mr.Abhinav who use to call me once I use to request him for his help asked me to put a stop loss of 1.7001 and with his sugar coating dialogues he told that he is there to help me so I just need not to worry about my money. But today when i found the my deal was closed automatically and instantly i called him up, he have a very good clarification saying what to do market clash. I told him then who is going to repay my Rs6000 and he was speechless and when i told why your other executive mr.Akshay misguided me he was started giving me lots many clarification and simply washed off his hands.

I really want a proper justice either they should return my money back or they should get punished of cheating and misguiding people who are totally new in this market.

Your suggestions really matter for me.

Regards,
Sathi

EUR / USD currency

Mr
Aug 13, 2014
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Comments

  • Mr
      Aug 13, 2014

    yes i am agreed with the complaint as for them they will get brokerage and later on if you get full loss, hardly matter. They will misguide you and blame that market condition is not good, i am the victim of the same. Govt should take necessary step again these fraud forex companies. Ravi

    +1 Votes
  •   Oct 29, 2014

    hello Sir,


    Firstly your currency pair is GBPUSD not EURUSD :)

    Secondly it is the first thing in Forex trading that you should have a proper trainer & a tutor who makes you a trade in a perfect way according to your risk taking capability into the markets, whereas there is a particular risk to reward ratio accordingly you should take risk.

    Thirdly whenever you trade into market if your loss goes on & becomes equivalent to your whole base account equity then your account will become zero itself.

    Trading should be your decision on your analysis & final confirm decision would be yours to either take a trade or not, you should be wise enough to take care of such circumstances & trade wisely instead of being dependent on any one else.

    0 Votes

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