Fx Club Forum Discussion

I lost all my funds invested in company. The team members don’t know where to invest @ right time. They only forced to maintain margin level . I told them please don’t over trade . I would be in trouble . But they didn’t want to understand. Lastly I lost all my savings . I trusted them but they played a blunder with me . They shouldn’t do like this .

Unfortunately I have to give a 1star… Unfortunately I have to give a 1star rating and not less than that. In my case it started off with a $250 investment. Big time promises were made. Inspite of having funds I was not allowed to withdraw. Finally begging I was allowed to withdraw $500 in 2 tranches which took more than 10 day to credit into my bank account. The so called relationship manager Roman, then Prashant and Harry - the so called recovery manager chased me multiple times and am ashamed to say that over a one month period I ended up investing $50k and also ended up in huge debt. They are trained well to dupe and fool people. I realised that a website and a telegram account is enough to mint money in a digital era. Now the so called recovery manager have stopped calling and all my position were squared of without any intimation to me. I am totally in a state of shock on what I did in just one month to lose this big amount. Now the balance in my account is zero and no calls as well. The recovery manager last chat was he is trying to reinstate trades and will call. Also I am not sure if we have a cyber system in India which can automatically block these websites. Please let me know if a legal suit is possible in India though it's my mistake on trusting them. I have read reviews that in US people were able to recover their loss through a legal suit. Hope it was also possible in India. These people operate out of India (mostly tamil guys i interacted with - basically from chennai) but you get calls from UK phone number. Please be careful of this website and such guys as they are well trained to extract money from people. When I told them RBI has banned FX road, they asked me to provide proof. They are so confident on not being challenged in any court of law. Beware... beware...beware is all I can request as I didn't have any such advise received. I have seen reviews now where people have been looted more than double of me and it was out of their retirement savings. Hope I had checked the review before I started investing.

Stay away from this company. They are cheats and fraudsters. I have had and having a harrowing time. I have invested more than USD 800K. Please note the following: --> Its a one way communication, only they can call and you cannot call them. You get calls from different numbers. --> No written commitment from their end and these are subject to change. -->They easily change the goal post -->Written commitments are only from the customers. Started trading with them since May 2024. February 21, 2025: Based on the below post dated February 19, 2025, received multiple emails saying they are ready to help, but I should pick up their calls (I had stopped picking up their calls after the harrowing time last Wednesday). I agreed to talk, the call came and the help rendered was the same old story. Deposit around USD 105K and give a commitment for the same by what date the amount will be deposited. I sent a general email. They wanted a commitment that the above amount will be deposited by Monday 24, 2025. Got fed up and wrote to them that my current financial situation does not support and have had enough of nuisance. My account situation is also very bad and on the verge of losing USD 880K (880,000). February 19, 2025: At the time of writing this post, I am on the verge of loosing everything. They should be booked and sent to jail. Initially, the trades given by their account managers will be closed in positive. They will show good profits and your balance(deposits + profits) also looks good. Subsequently trades will go in huge negative. For example, if the account manager recommends you to open five trades, only two will get into profits rest and the will go in negative. The balance (profit + deposits) keeps increasing at the same time the floating losses keeps mounting and you will not be able to withdraw funds. The SWAP charges on certain trades are very high and they have TRIPLE SWAPS on Wednesday. Many of the trades which did not come to profit early are still in red as the profit is not covering the SWAP charges. At the time of opening the account, their representative will not tell anything about this. Every time I was asked to deposit mentioning the account will be recovered. Each time I made the deposit, the account only got worsened. The guy heading the company Daniel called me once and asked me to sell my house to deposit for SWAP free account. Others involved: Sujith - Initial account manager Abhijit – From the recovery team, as claimed by him - very arrogant and main reason for the condition of my account. Vibin - Portfolio Manager - sweet talker, never gives anything in writing, but wants everything in writing from us. Beware of this guy. Last week, someone called MELINDA or Anna (got mixed with the name) from the accounts department called up, asked to open a website to share the screen and then I was asked to open my bank accounts to display the account balances. Is this legal thing to do? Is this not harassment? Who gives them the right to do such things. Last week they asked for an investment saying I will be given a Permanent SWAP free account for the discounted amount for which a special permission was taken from "REGULATIONS" (I have no idea what is this). I did the investment. After this I was told that I have Permanent Swap Free Account. Yesterday i.e., February 19, 2024 they changed their stand and asked to invest USD 130K more to get the permanent SWAP free account. Of this they wanted USD 65K to be invested yesterday itself. I have no funds more to invest. So the swaps were re introduced today. I am in danger of loosing all my investment or may be in the next few hours I will loose everything. Again here I am told that it is the decision of the "REGULATIONS" that I need to invest more for permanent SWAP free account. How come the "REGULATIONS" can change their mind in matter of days? Based on what the decision was changed ? No answers. In the name of "REGULATIONS" they are playing. Even more funny, I was told the first time MELINDA or Anna is from accounts department. Then they told she is from "REGULATIONS". If I made the additional USD 130K deposit, this lady Anna told me that she herself will handle my account. Can some one from "REGULATIONS" handle a customer account of a company. In my view "REGULATIONS" means a competent Government Authority...in this case they are just using the word "REGULATIONS" to play around. I think all decisions are made inside the company. They say, there is a limit to the credit they can give as a company, but I as an individual have to put one million dollars, according to them. Just as the free margin/free funds go negative they add credit(which can be taken out any time), but cannot trade. Again the calls for more investment starts.

My Journey started with FXRoad on 8th Oct 24 and by 4th Dec 24 i.e. less than 2 months I was made fool and my less knowledge and inculcating wrong messages,and creating fear of legal action made me loose my & my husband's whole life savings amounting to $91245 which is more than INR 80 lac. The officials will not let you even your withdrawable amount. As on date my withdrawable amount is $19079 and on putting my request for withdrawal even for $3000 of $5000 they reject your request but they used to demand the money on one or the other wrong pretexts.I raised my request for full and final settlement by 15th Nov 24 but they manipulated me and later created the scenario that I was made for deposit $53453 additional and I was lured that I will be paid more than $1 lac but received nothing. so my request please be aware to join this platform. Don't get prey to the officials of FX Road. It was fortunate but of no result that I have proof of every thing happened but the officials are such inhuman that they do not understand your problems or grief. I was brought to such a situation which I was always conveying that my mother in law is not well and bedridden but they left with nothing and I was not in a position to take her to the hospital and later she expired on the 20th Dec 24. So I humbly request to avoid this platform.

Not trusted people working I lost my money No body contact since two month