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Resolved Trade FCM — Loss by company

R
This review was posted by
a verified customer
Verified customer Review updated:

Now again my account is loss of 3168 usd, I see all day chart of gbpusd of date 19/01/2017 to 20/01/2017 till this paire chart never go down from 1.2250, how can open this big deal sell 2.0 lot size and from 1.2165 and doing big loss in my account,

So as per mr. Sam walton commit me when I investing payment, that this time if I got loss in my account by mistek

Then company will pay my whole payment

RESOLVED

The complaint has been investigated and resolved to the customer's satisfaction.

  • Trade FCM's response · Apr 03, 2017

    Hi Rakesh,

    All the trades have been executed from an Indian IP Address, And we have informed you before . The company cannot bare any losses since we don't keep all trades with us we send it to LP . Only the company make profits in your Swap and spread charges . Since you have loss you cannot put the Blame on the company or employees . We have mentioned over the telephonic conversation before we can provide you a trading bonus of higher percentage without any terms condition to withdraw your profits . So you can Recover your losses .

    Kind Regards,
    Support TradeFCM

Read 29 comments

More Trade FCM Complaints & Reviews

Responses

  • Va
    Vasudev Nayak Jan 19, 2021
    This comment was posted by
    a verified customer
    Verified customer

    Vasudev Nayak
    Trade fcm is a company having criminals from Srilanka as their Financial officers.One Mr. Joel Garner contacted me and requested me to invest.I told him that I had no money. He went on insisting but I didnot agree. He said he would arrange for bonus of 500 dollars before my deposit.Trading would be done by his boss Mr.Lewis Lucas. I need not have to do any thing and I have to only watch. I agreed.They opened my account giving my client ID.[protected].My password was not given to me. Trading started and good profit was shown.The platform was blocked and I was unable to do any thing Even now it is so. But I was not interested in doing any thing as I had not sent deposit.After 15 days of trading when profit was accummulated I deposited 100 dollars.They asked me again to deposit 400 and went on asking to do so and promised me a withdrawal of 300 dollars out of profit.Profit was 796 usd and my deposit 500 and credit from company was 500usd.Out of this they gave me withdrawal of 150 usd and they have also drawn 15usd as commission.Then account came to the status thus. Balance was1631.60usd. this balance contains my depositof 500 and credit of 500. and profit of 631.60 usd.Trading started on 21st November and 0n the 23rd 0f December our talks started.I asked them to release additional150usd as per your words.They refused and they demanded 2000 usd deposit in the month of February 2021. Then they will give withdrawal of 150 dollars again after 15th of January2021. They sent a draft to make commitment invest further 2000 usd. I did not agree because I suspected them and refused to go a head. I told them that I am no longer interested in continuing my account.I do not want any profit.You take the entire profit but refund my deposit of 500usd..After 5 days on 28th of December Mr. Lewis Lcas took4 deals ongold
    in 4minutes time. gold buy quantity of 1lakh and 0.4 volume and sell quantity also for 1lakh and 0.4 volume. As a result he created hedging situation.Account resulted in loss. Mr Joel asks me to deposit 299usd again and he will save the account.I told him who has asked you to trade further. I had asked them to stop trading .I had told you to take all the orofit but they have cheated me. The company is also
    joining hands with these criminals. I tried to contact the cmpany through the support team.But only reply company gives that some one will call within 24 hours Even after 10 days no one calls. So beware of these cheaters from Shrilanka.

    Reply
    0 Votes
  • Va
    Vasudev Nayak Jan 20, 2021
    This comment was posted by
    a verified customer
    Verified customer

    @Vasudev Nayak this refer to the previous comment which i have put about the tradefcm.com, i am so ashamed of my act i have made that move in a hurry, that was thoroughly a misunderstanding, mr.joel garner and mr.lewis lucas contacted me, my account manager was not well and was admitted in the hospital, that is why they could not contact me, situation is understandable, senior trader mr, lewis lucas and mr.joel garner are the gem of a persons, they helped me a lot and supported me a lot, i have done trading with a several companies before but i assure you tradefcm is one of the best company i have came across, they have given me 60% compensation as written on the pam account agreement witch i have signed and sent them will continue trading with them thanks for your kind support TradeFCM

    Reply
    0 Votes
  • Ma
    Maria Garcia May 20, 2019
    This comment was posted by
    a verified customer
    Verified customer

    its all a scam, i traded with different brokers, most of them disappear when you make withdrawal request, some of them will try to convince you not to withdraw and instead invest more while others will actually allow you withdraw a little amount so they can build your trust and after that they begin to make large requests. i lost a lot to these fraudulent brokers, i was depressed for months until i was recommended to a Binary options trade funds recovery expert Mr Lucas George when i met them i didn't believe they could get back my money because i have been scammed a lot already and didn't know what to believe, but my gut feeling told me to give it a try and i did, feel free to contact them via their email address: [email protected] and they will help you claim back your investment back from your scam broker, i was obligated to recommend them for the good service which they offered to help my issue with my broker.

    Reply
    0 Votes
  • Pb
    P.Bhaskaran Mar 20, 2019
    This comment was posted by
    a verified customer
    Verified customer

    comment for Trade FCM - Committed loss and include in PAM Account without my consent and lock

    Thank you TradeFCM

    for getting me the compensation according to the agreement, i was worried since my account manager did not contact me MR Sam since his illness i got a call from him and he also helped me to get the lost amount as compensation, i was earning Good in PAMM account since the market fallen down in USD i incurred a loss, i personally tell other client's to trade with TradeFCM since even the account went on loss we can eligible for the compensation if our account type is PAMM thanks again to support team and my account manager for supporting me nice doing business with you people

    Reply
    0 Votes
  • Le
    Leonard Williams2 Mar 16, 2019
    This comment was posted by
    a verified customer
    Verified customer

    To whom it may concern.
    I have been a victim of a fraudulent online investment broker that was claiming to be trusted online broker firm.
    After defrauding me for over 5000, 00 EUR my account with them was blocked & I have had no access to my account on their site & no way of getting access to invested capital, i was advised to seek the assistance of a recovery expert, Luckily, I came across a comment here that recommend a funds recovery expert in the person of Mr Gavin Eric to a, and i contacted him immediately through his email address and explained my issues to him, God so kind i was able to get access to my funds back and place withdraw directly from my bank, I still can't believe how possible it is to get my investment back.
    I feel obligated to recommend him and his great funds recovery strategy, feel free to contact him if you have same experience via his email address: gavineric90 at gmail. com and he will guide you on steps to take and get your funds back.

    Reply
    0 Votes
  • Pb
    P.Bhaskaran Mar 02, 2019
    This comment was posted by
    a verified customer
    Verified customer

    I I deposit more than 3500 dollar in various time and include in PAM account without my consent and trade as he desire and committed huge loss and account now lock so that icanot operate
    regards
    Bhaskaran

    Reply
    0 Votes
  • Pb
    P.Bhaskaran Mar 20, 2019
    This comment was posted by
    a verified customer
    Verified customer

    @P.Bhaskaran Trade FCM - Committed loss and include in PAM Account without my consent and lock

    Thank you TradeFCM

    for getting me the compensation according to the agreement, i was worried since my account manager did not contact me MR Sam since his illness i got a call from him and he also helped me to get the lost amount as compensation, i was earning Good in PAMM account since the market fallen down in USD i incurred a loss, i personally tell other client's to trade with TradeFCM since even the account went on loss we can eligible for the compensation if our account type is PAMM thanks again to support team and my account manager for supporting me nice doing business with you people

    Reply
    0 Votes
  • Dh
    Dhananjayab1976 Jan 17, 2019

    Review for the previous comment

    HI Guys

    the previous review was placed since i was upset in my losses, i spoke to my account manager plus the support department they gave me compensation witch i incurred a loss in there broker, thanks TradeFCM and sathish kumar for supporting me, will recommend this company and give 5 star to them .

    Reply
    0 Votes
  • Dh
    Dhananjayab1976 Jan 09, 2019

    Hi everyone,

    The account manager name Sathish kumar who is the worst person was good at initial time and increased by equity well but when I increased my amount to 3000$. They started spying on me by increasing the spreads and satish sir replied that it was the same as initial and don't need to worry. He is shouting like any thing on the trades he keep pending and he become angry went sending mails to maintain the account properly. The support never reply or do anything totally dummy. What support do it they never entertain any complain and go against it favouring account manager and I have pamm account which was blowed by our great Sathish kumar but support telling they will not give compensation at all but initially they agreed to give. In my opinion you please please for god sake don't open account. There is no respect for you as a trader or investor. That satish Kumar is a devil and sick person he opened by trades during high impact news time of 8, 5, 16, 2 lots at one time which blowed my account and now after 1 week I ask for compensation company and satish not giving and giving lot of problem and telling company does not give but I will give but this time there will be a time limit to complete the lots. This company is worst and never join they don't entertain any complaints from traders and go completely against thme whatsoever. In my regards this is the worst and all people or devils and never in favour of people.

    Reply
    0 Votes
  • Mo
    Mohammad Haneef Dec 27, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @Dhananjayab1976 exactly, donot loose your hard earned money

    Reply
    0 Votes
  • Pa
    Pavan chavla Nov 20, 2018

    Great broker.
    I tried many brokers and TradeFCM is the best so far,
    Execution is fast, no hidden fees and they don't hunt stop losses. The proof is that I have several trades that rebounded several pips from SL.
    Also it's a robust broker and they managed CHF crisis really well so I'm confident that they will be here also after next crisis.
    Hope they will add also Stocks, Crypto and Features.

    Reply
    0 Votes
  • Support TradeFCM Nov 27, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @Mohammad Haneef Dear complaintsboard,

    according to your Request only we transferred your account to individual account and allocated a Trader the move your idoing is making company reputation down see the proof attached screenshot on https://www.complaintsboard.com/trade-fcm-b126872

    Kind Regards,
    Support TradeFCM

    Reply
    0 Votes
  • Mo
    Mohammad Haneef Nov 25, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @Pavan chavla Fake Broker. Now tell what is the condition of the account with Trade FCM. Market will be volatile I know but analysis is also required by the Fund Manager. Sam Walton is a snake agent, please do not fall pray and lose your money

    Reply
    0 Votes
  • Ta
    Taniya Sebastian Nov 20, 2018

    5 star broker

    Excellent, trust worthy broker with excellent trading conditions. Fast deposits and withdrawals, professional support. Trading with them few years, no issues at all. Definitely can recommend to everyone.thanks Sam sir for your support on market trend

    Reply
    1 Votes
  • Support TradeFCM Nov 27, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @Mohammad Haneef Dear complaintsboard,

    according to your Request only we transferred your account to individual account and allocated a Trader the move your idoing is making company reputation down see the proof attached screenshot on https://www.complaintsboard.com/trade-fcm-b126872

    Kind Regards,
    Support TradeFCM

    Reply
    0 Votes
  • Mo
    Mohammad Haneef Nov 25, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @Taniya Sebastian Trade FCM does not give fast withdrawals. It asks for lumpsum deposits but during withdrawals it give only pennis. It is fake that it shows huge profits. Do not fall in pray with Sam Walton & until you don't get call from other spy agent abhishek you will not realize that you lost 40% of hard earned money and he will also don't trade as he will again ask for lumpsum deposits.

    Reply
    0 Votes
  • Mi
    Michael Lawra Nov 13, 2018
    This comment was posted by
    a verified customer
    Verified customer

    I invested in this company on Aug 2016 . I'm trader and i don't ask for trading signals from anyone since im working on my own strategy I believe in my own Trading . I appreciate this company cause they have given me a tight fixed spread of 1 PIP on major currency pair, Since i don't mostly trade in cross currency . and they are providing 1:1000 Leverage so aggressive trader's like me would like this broker . I WILL BE Personal recommending this broker when i traded in this Broker I got My withdrawal's on time when i request i got the Tight spread of 1 PIP will be continue trading in this company and will be recommending others to also join .

    Reply
    2 Votes
  • Support TradeFCM Nov 27, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @Mohammad Haneef Dear complaintsboard,

    PFA document of proof where we have given the all support to customer . according to his Request only we transferred his account to individual account and allocated a Trader the move client is doing is making company reputation down Please be kind Enough to Resolved this issue.https://www.complaintsboard.com/trade-fcm-b126872

    Kind Regards,
    Support TradeFCM

    Reply
    0 Votes
  • Mo
    Mohammad Haneef Nov 25, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @Michael Lawra Don't join Trade FCM it is fake.. Levarage is fake pray to attract the honey bees.. It won't permit to withdraw. Mr. Sam Walton is the snake & spy agent of Trade FCM. All the transactions would be in line to see. All the words would be as real but until you don't get loss you will not realize that you have lost the hard earned monery

    Reply
    0 Votes
  • Ra
    Rakesh K2 Nov 13, 2018

    Thank you Tradefcm to supporting me through Pam account sharing, im trading for past three months and making a decent profit ratio of 8 % to 15 % im happy with this broker and recomend others to .i have traded in many brokers and there platforms has slipage with this broker there is not . and i was provided 1:1000 levarage, for my $2000 account i would recomend traders who wantend to do safe trading by doing pam account you will defenetley mak profit since im making profit as untill now the growth of account is slow but good trading statergy followed by Pam account manager,

    Reply
    2 Votes
  • Support TradeFCM Nov 27, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @Mohammad Haneef Dear complaintsboard,

    according to your Request only we transferred your account to individual account and allocated a Trader the move your idoing is making company reputation down see the proof attached screenshot on https://www.complaintsboard.com/trade-fcm-b126872

    Kind Regards,
    Support TradeFCM

    Reply
    0 Votes
  • Mo
    Mohammad Haneef Nov 25, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @Rakesh K2 PAMM account is a fake, it throw the levarage pray.. but atlast you will slip into loss only. Trade FCM tell the clients to transfer the compensated amount to individual account with loss of 40% as compensation and again the new fund manager comes into line who is Mr. Abhishek who tells that I cannot run the account which is impossible to recover loss and asks to invest another lumpsum which would profit both

    Reply
    0 Votes
  • Am
    Amitech Nov 13, 2018

    Hi Rakesh, I too had the same experience. This is just the modus operandi of this broker.
    This is a 100% pure scam broker. They take deposits and pretend to have a great trading platform with fixed spreads and no slippage, and once you start winning they will input fake trades to your MT4 and cause massive losses until the equity is wiped out. Then they try to get further investment by promising a "200% deposit bonus" on fresh investments so that you can trade and recover the loss. Again the fake trades hit and equity wiped out. Then they will block you forever. The liquidity provider/white label they are using is called theliquidity.com, another scam outfit that is hand in hand with tradeFCM.
    Easiest way to make money in forex, become a scam broker like tradeFCM. Beware their agent Sam Walton, he's a snake in human form, nice words and promises until the fake trades hit, and he will blame you for "bad trading and risk management practices" and basically do a 180 degree turnaround.
    I urge you to spread this information everywhere so that nobody else loses hard earned money like I did. I will do everything in my power to ensure nobody else faces this.

    Comments

    Reply
    -2 Votes
  • Support TradeFCM Nov 13, 2018
    This comment was posted by
    a verified customer
    Verified customer

    @Amitech Dear Sir,

    We are sorry to hear that all the trades have been excuted through EA and In past also we informed not to use fake EA and blame the company . Trades will excuted according to the spreads even if the market doesn’t reach that time in certain amount if the spreads is 50 pips the trade will be excuted according to the brokerage charge, every trade have been excuted through EA and through using VPS, we have screen shot of the proof where the trades have excuted through EA and what we spoke to you even we have email proof plus call recordings . Admin dosen’t place any trade in your account we did not call you and threaten we said you to post the truth, plus we offered you a bonus where if you complete a volume you can widhraw the profits even now we are offering you since you are valuable client for us for even that your not convinced . If you want the bonus back please contact is on [email protected] where will will be supporting to recover the loss you inquired in the market .

    Regards,

    Support TradeFCM

    Reply
    0 Votes
  • Mi
    Michael Lawra Nov 13, 2018
    This comment was posted by
    a verified customer
    Verified customer

    @Amitech Dear Sir,

    We are sorry to hear that all the trades have been excuted through EA and In past also we informed not to use fake EA and blame the company . Trades will excuted according to the spreads even if the market doesn’t reach that time in certain amount if the spreads is 50 pips the trade will be executed according to the brokerage charge, every trade have been executed through EA and through using VPS, we have screen shot of the proof where the trades have executed through EA and what we spoke to you even we have email proof plus call recordings . Admin doesn't place any trade in your account we did not call you and threaten we said you to post the truth, plus we offered you a bonus where if you complete a volume you can withdraw the profits even now we are offering you since you are valuable client for us for even that your not convinced . If you want the bonus back please contact is on [email protected] where will will be supporting to recover the loss you inquired in the market .and Dealer doesn't execute any trade the same review has been placed in so many website, even we have told client clearly
    regarding this issue

    Regards,

    Support TradeFCM

    Reply
    2 Votes
  • Da
    David321 Nov 05, 2018
    This comment was posted by
    a verified customer
    Verified customer

    Hi guys,

    I'm a trader and i have a account with tradefcm i was trading in my own strategy and i made a huge amount of loss, where tradefcm help me to recover my losses in a professional account by completing 100 lots per month the pam account help me out to recover my losses. Will recommend clients to trade with this company

    Thank you tradefcm

    Reply
    1 Votes
  • Mo
    Mohammad Haneef Jan 05, 2021
    This comment was posted by
    a verified customer
    Verified customer

    @Support TradeFCM Dont use the word I have made loss, Loss is done by Mr. Sam Walton. I have not done any single transactions. Iam not even given access to trade, it is fully operated by your domain only. The loss not compensated it is kept with you only. Mr. Abhishek said will trade in Jan'2021, its seems New year has not yet started to Abhishek. TradeFCM donot promise but the snakes like Sam Walton will come in line. 10% commission is been deducted in an initial profits. Later after deposited my money nearly 6000$ the original faces have came out to make loss in my account. Even till date 05.01.2021 I was not able to login to my account & as said by Mr. Abhishek the company has seized my balance remaining as I have raised my voice to complaint board. I simply need my hard earned money. Daily base near 5 to 15 calls were received on my phone. Since my account was made loss not call is received as the companies target of bluffing clients has finished. Hope people on the earth feel the pain of lossing such huge earned money.

    Reply
    0 Votes
  • Support TradeFCM Nov 27, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @Mohammad Haneef Dear Mohammad Haneef,

    You have made a loss in joint pamm account, and the compensation has been provided according to your need to individual account We have Proof where you have accepted for all terms and condition and signed the document and opened the account . And the company does not Promise any profit in black white in trading and its clearly mention in Trading Risk factor in every page of our website plus we have told if any losses in PAMM account a client cannot blame the company and you have accepted for all terms and started this account after signing the Terms and condition document . The company has Provided the Compensation amount to your trading account according to your request mail . and you should mail this things to [email protected] where we have supported for all your support tickets where the move your doing is making company reputation down where complaintsboard has know we have resolved the issues in past . We have attached all the proof what support has replied plus the documen t he has signed of accepting the terms and condition. see the level of support we have provided you . Hopecomplaintsboard will resolve this issue .

    Regards,
    Support TradeFCM

    Reply
    0 Votes
  • Mo
    Mohammad Haneef Nov 25, 2020
    This comment was posted by
    a verified customer
    Verified customer

    @David321 Fake, do not trade with Trade FCM. It is a round chart with making fake trades but in a line manner where the client doesn't know that it is fake..

    Reply
    0 Votes
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