The most trusted and popular consumer complaints website
Explore your opportunities! Create an account or Sign In

Tradex Fx / Scam

1 United States Review updated:

Here's a scam from a forex broker company TRADEX FX.
Here's how it works:

You open an account with them.
You start trading.(placing orders)
You lose money -- the make money off commissions.
You place an order that can makes you a substantial amount of money...YOU GET SHAFTED. They will CANCEL your order if it's about to make money. I'm not kidding, they will actually cancel any orders that will make you a decent amount of money.

WHY? you may ask. Because if you make money...they lose money. Its that simple. I'm not talking about a measly 10 pips here and there, i mean 30+ pips.

I didn't know this at first, but when i started seeing canceled trades worth 4-600 bucks because of their cancellations, i was not impressed.

On top of it, they mask these cancellations as part of a system designed to 'help' you so that you don't lose all your money in case you placed a bad order.

Bottom line, if you value your money and you're in(or going into) the Forex market, i highly recommend shopping around for a good broker.

TRADEX FX is not a good broker, they will cancel your orders when they feel like it. Dont use TRADEX FX.

As for me, i learned my lesson and i wanted to share with anyone that's interested.

Bo
Sort by: UpDate | Rating

Comments

  • Wy
      27th of Nov, 2018
    0 Votes

    Hi, I actually joined them today, but luckily found this before it was too late.
    Is there actually a good broker out there?
    I am starting to think that Binary Options is not a real thing?

  • La
      5th of Dec, 2018
    0 Votes

    Binary Options is a real thing as some people actually make money off of it, but the industry is filled with scams and fraudulent brokers now. It is horrible trading with some binary options broker because most of them are fraud. No hope of withdraw after investing. I was unable to access my account after several attempts of withdrawal. It was a nightmare until I was able to recover my lost money with the help of a recovery firm, CRYPTORECOVERY・CC

Post your comment