Broker Major Review

Read our Broker Major review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a brokermajor24.com review.

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So Broker Major is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about Broker Major in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.

Broker Major Review Conclusions

Making the Broker Major review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Broker Major review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

Was this article helpful?
YesNo
etoro

15 COMMENTS

  1. They just called me in a really unprofessional and aggressive manner and refused to tell me where they obtained my details from. I can see from their site they’re not legitimate at all.

  2. Good for you. I unfortunately fell victim to Bernard Croes and his lying and deceptive phone calls every day for a few months. I eventually funded my account to the sum of £2200. He was lucky by illegally placing trades on my behalf for about 6 days raising my equity to £6800 and then lost it all on one trade on the 7th day. Even after I told him to refund £1000 rent money. Don’t trust this lying rat or Broker Major with a penny of your money. They have but one intention. YOU’RE BEING SCAMMED!
    .

  3. i, too, have had the misfortune of a representative contacting me. They dont know that im playing them by deliberately wasting their time. To hell with investing anything with them lols!

    They will get the message via their thicks heads one day!

  4. I too have misfortune with them. They don’t have back end office to deal with the client regarding their so called account manager they assign to you. He is the one who runs your life. Do not do any trading with them at all. Even my deposit did not get credit on the platform. Even though auto email acknowledges receipt of the deposit with whom brokermajor is an affiliate, the mail generates invoice with old date and funds don’t get deposited into your account. I am from Gulf. & then they block you. No conversation, to whom to address emails? They just lure you to add deposits, no trading help, nothing. Totally unprofessional.
    PLEASE DO NOT TRADE WITH THEM. There are loads of good legal legitimate sites. Study the site and then choose the good one. There is no such thing as bonus. Because if they give you, later they will take it back.

  5. Jp finance fx is another one that is scamming people now, I invested 250 dollars with them which they increase to 520 dollars in 2 weeks and they advise me to increase my investment which I did with 500 dollars, after that my equity rose to about 1850 dollars. I requested to withdraw about 200 dollars but they won’t grant my request and stop picking my calls.
    So what can I do?

  6. Anch’io sono stata truffata da Broker Major.
    In tutto ho dato loro 25000 euro.
    Adesso ho capitale per 120000.
    Alla mia richiesta di averne indietro almeno 30000.
    Continuano a volere che ne versi ancora per le tasse
    Ho paura che non avrò indietro niente

    I too have been scammed by Broker Major.
    In all, I gave them 25,000 euros.
    I now have capital of 120,000.
    At my request to have at least 30,000 back.
    They still want me to pay more for taxes
    I’m afraid I won’t get anything back

  7. I have recently been scammed by Broker Major. I fell for it and invested a rather substantial amount of money which I borrowed from my wife. I feel such a fool. Apparently my “segregated” account is currently holding €40000+ but out of the blue my alleged broker stated that Leverate were demanding €3500 in fees and until I paid it they would block my account, even though that makes zero sense. If they allowed the withdrawal that I requested I could pay the alleged fees. I have been provided no proof, no invoices, nothing; they say because it was all a verbal agreement they’d done, and even though it was not a verbal agreement involving me I still have to pay the fees.
    So basically I have either lost my deposit, or I get tricked a second time, whilst living in hope, and lose another €3500.
    What can I do? I’m not aware of any regulatory bodies that I can threaten them with at all.

  8. Brokermajor-fx customer service is not working
    I cannot withdraw the money that i profited and deposited. Now those people that contacted me at the beginning to deposit and invest in their company blocked me. I dont know how to recover my money. I wish I could file a complaint and have my money back.

  9. they bunch of thefts!!!! my 200euros is still with them, the foolish ADAM MAXWELL. it will not be well with him in the name of Jesus Christ. Amen. Please no one should fall into they hands o!

    they might used another name o!

  10. Yes Big Scam people , especially with name Sara and Michael, call you discard it.

    they are the biggest scammers in the world.

  11. Do not use this company they will take your money and leave u with nothing like they did me. there is no where that u can withdraw i have tried everything a scam

  12. Definitely a scam i dont know how come they still exist this brokermajor people and was not apprehended by the law. These people who work in that company are all con artists and should be in jail so they can no longer victimized other people. They will just take your hard earned money and when they know you can no longer put money they will leave you and blocked you. Please guys stay away.

  13. 100% Fraud. Professional Scammers brokermajor24.com and vibeinv.com.
    Dennis
    Simon Clarke
    Sarah Benassi
    Safia Rahim

  14. @Dubai Victim. Definitely they are scammers. This Simon Clarke has lost all of my funds with profit and asked me to deposit more. Luckily, didn’t deposit. And after sometimes he texted me and tell me that he was no longer with Brokermajor and he is with vibeinv.com so I should start trading with him…who does that? How can someone trust such person?

LEAVE A REPLY

Please enter your name here
Please enter your comment!

This site uses Akismet to reduce spam. Learn how your comment data is processed.