Read our Finexro review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a finexro.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 Finexro 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 Finexro 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.
Finexro Review Conclusions
Making the Finexro 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 Finexro 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.
I found the attached video Ad on YouTube, I followed the link with contact detail. A few days later someone from the UK called on my Mobile.
The company name https://www.finexro.com/welcome
The person name Jack McMillan assess me to set up the trading account on the website. Require for $ 250 Eur, with all my ID documents to activate my trade account.
A few days later, I got a phone call from Sofia Michelle ( +447899951998) from Cyprus, who introduces herself will be my broker for my account. She made a huge promise that can help me make a lot of profit from the trade. Then she shows me my account is already made over $300 euro and even withdrew the profit through the Binance. which she requires me to set a Bitcoin account pay ID. She told me that could easily and safe to deposit the money.
After getting to know me, She tries to push me to invest more funds, which could make more money. She promises that I won’t lose money, and will have an amazing outcome in a very short time. I put further funds into the account. Everything looks are great. The day after, a man-call Tom Spencer (+44 7476730134) contact me, he introduces himself as Sofia’s manager. He strongly suggests me to increase the package to Gold, that I could make a better profit. I told him I don’t have that money at all. I sign up for a Silver Package. Which $ 10,000 Euro.
Everything under Sofia’s guidance to purchase all the trade in their platform. It looks like is a very good and promising outcome. However, they still push me to put more money which I don’t have.
0n the 21st, and 22nd Nov 2020, the trade which Sofia convinced me to purchase all the shares, went down 30%, made a huge loss on the chart. I got warming that I am reaching the leverage of liquidation, if I don’t put more money, I will clean up all my money by the system.
Tom use ANYDESK operation on my computer, going to my net bank, overdraft all credit cards, saving account, including my parent’s pension money. Total of $10,000 AUS. He told me to have to put money as quickly as possible to bring the level back to above the health percentage. Otherwise, I will lose all my account with all my investment. Which at that time, total over $ 25,000 AUS.
After he promised me, the company will cover the loss from the company insurance, however, I need to pay in addition of $ 5000 US to the account. then Tom passes the phone to Sofia. She told me that was the wrong figure from Tom, I have to put $ 10,000 US dollar for the insurance cover, that I will be grantees to get all my money back to my bank account. As soon as I transfer the $ 10,000 US, they will return all my funds in 10 mins.
I had borrowed a huge high-interest rate private loan company to fill up the hole. However, When I clean up every penny from my bank accounts, leaves me without food money. And I transferred funds as they required, they had told me there were mistakes. I need to put a further $10,000 US dollar, as my account is a high-risk account.
At that time, my trading account shows a minimum loss and leverage is healthy. I feel I got scammed, and trap by them, I closed all the trades on the system and require to withdraw my remaining money in my account. However, Tom told me, if I don’t put further $10,000, I won’t get all my money at all. I trapped by a designed looped hole, with a total of lost money of $35,000 Australia Dollar. All total sign up from the 4th Nov 2020 to 1st Dec 2020.
I found the attached video Ad on YouTube, I followed the link with contact detail. A few days later someone from the UK called on my Mobile.
The company name https://www.finexro.com/welcome
The person name Jack McMillan assess me to set up the trading account on the website. Require for $ 250 Eur, with all my ID documents to activate my trade account.
A few days later, I got a phone call from Sofia Michelle ( +447899951998) from Cyprus, who introduces herself will be my broker for my account. She made a huge promise that can help me make a lot of profit from the trade. Then she shows me my account is already made over $300 euro and even withdrew the profit through the Binance. which she requires me to set a Bitcoin account pay ID. She told me that could easily and safe to deposit the money.
After getting to know me, She tries to push me to invest more funds, which could make more money. She promises that I won’t lose money, and will have an amazing outcome in a very short time. I put further funds into the account. Everything looks are great. The day after, a man-call Tom Spencer (+44 7476730134) contact me, he introduces himself as Sofia’s manager. He strongly suggests me to increase the package to Gold, that I could make a better profit. I told him I don’t have that money at all. I sign up for a Silver Package. Which $ 10,000 Euro.
Everything under Sofia’s guidance to purchase all the trade in their platform. It looks like is a very good and promising outcome. However, they still push me to put more money which I don’t have.
0n the 21st, and 22nd Nov 2020, the trade which Sofia convinced me to purchase all the shares, went down 30%, made a huge loss on the chart. I got warming that I am reaching the leverage of liquidation, if I don’t put more money, I will clean up all my money by the system.
Tom use ANYDESK operation on my computer, going to my net bank, overdraft all credit cards, saving account, including my parent’s pension money. Total of $10,000 AUS. He told me to have to put money as quickly as possible to bring the level back to above the health percentage. Otherwise, I will lose all my account with all my investment. Which at that time, total over $ 25,000 AUS.
After he promised me, the company will cover the loss from the company insurance, however, I need to pay in addition of $ 5000 US to the account. then Tom passes the phone to Sofia. She told me that was the wrong figure from Tom, I have to put $ 10,000 US dollar for the insurance cover, that I will be granted to get all my money back to my bank account. As soon as I transfer the $ 10,000 US, they will return all my funds in 10 mins.
I had borrowed a huge high-interest rate private loan company to fill up the hole. However, When I clean up every penny from my bank accounts, leaves me without food money. And I transferred funds as they required, they had told me there were mistakes. I need to put a further $10,000 US dollar, as my account is a high-risk account.
At that time, my trading account shows a minimum loss and leverage is healthy. I feel I got scammed, and trap by them, I closed all the trades on the system and require to withdraw my remaining money in my account. However, Tom told me, if I don’t put further $10,000, I won’t get all my money at all. I trapped by a designed looped hole, with a total of lost money of $35,000 Australia Dollar. All total sign up from the 4th Nov 2020 to 1st Dec 2020.
Astonishingly a similar episode happened to me.same person called Tom Spencer is the persuader and to draw money via anydesk and,at last, in his attempt, but I detected foul play to get my term deposit 130000 transfered to the trading account failed.already As$ 47000 drawn from account and my life savings gone without my consent via anydesk and me in the believe, logging on to my bank account with open “anydesk” platform and his order “not to move the mouse”, the operation of transfering from credits cards and my pensioner servings account was too quick for an innocent on looker and helpless,now lost those savings.
ambalavar s n Sivanathan please change your 5 stars rate for the scammers Finexro, and put your review to all other websites, only you do this can stop those heartless criminals to continuing hurt more innocents like us. Good luck.
please change the ratings to nil as I made a mistake in giving a 5star rating.
If you never have any experience in the share, bitcoin, or Forex trade. Please don’t sign with them. Because they are genuinely scamming!! None of those trading charts is real, none of the money was going to your trading account as they showed to you.
They made great promises to you can help you to make a lot of money in a short time. However, the real agenda is to push you to put more money towards it. They might give you a little bit of taste of “profit” and send it to your bank account to win your trust only because they want to fish more money from your bank account.
They make you set up an account with a regulated bitcoin trading company, such as Binance. And ask you to use this portal to deposit your money, then withdraw to your Finexro trading platform. It because no one can trace it. Each transaction will be in a different PayID address. Because no one knows where is the money went. But, I am sure, it differently not in your fake Finexro trading account) Of course, you will see your money on your trading platform in the correct amount. However, I can promise that you never can withdraw out your money, if you don’t believe me, please try it.
Start a few days. The trade will be fantastic. Remember! None of those is real! It is a trap. All is it to build up your confidence with them. Also, they will start a chitty chat with you, such as what is yours do for a living? How is your finance satiation? WARNING! They are start scam you when they found out you possibly can squeeze out more money from you. At this time, you already jump into a trap that they planned for you.
After a few days, they will be a horrible trade. You are at risk to lose all your money. YOU NEED to put more funds to safe your account. IF you did, they would ask more and more. They may tell you company insurance will buy off your loss. However, you need to pay the insurance money to able to get your funds plus with profit. If you did, it would be too late. Remember, none of those trades is real, you see they are because they want you to see.
Please read this review carefully—a real story by an actual victim who made a massive loss in financial hardship. I want to WARN you, don’t believe any of those positive reviews on some of the websites, they hire someone to write a fake review. Good Luck.
I have read the above stories and mine is exactly the same. They are into me for 13K AUD… I’m pissed, to say the least. The only hope I have is VISA chargeback but I’m not sure how this will wash as they transferred it from my Binance account.
Similar experience here. I’m sorry to hear the above stories. When I signed up for an account something has been telling me not to but the american guy I talked to in Cyprus have convince me to sign up and paid $350 Australian. I had no knowledge about foreign exchange investment. After reading the negative reviews online I feel funny in my stomach and I immediately reported it to my bank and they replace my credit card for safety reasons. Justin Kelly from London called me to assist me in setting up my account but asked if I don’t go ahead can I refund the money and said yes. But I want things to be emailed so I can have a record of conversation in writing but they call me instead of replying to my email. Justin said he’s gonna get the support to process the refund by phone but never replied to my emails. Later a lady called me and convince me and questioning my decision for pulling out and I said I’m not comfortable, she became very aggressive with so i got annoyed and I told her I don’t need to explain my self ..I want out and I need to know how will I get my refund. She said I have to log in to my account and request a refund which means will require me to put in my banking details again…When I read the Webtrader link to request the refund I notice a grammatical error and part of me don’t want to do it because I already lost my trust to give out my personal details to them. Any advise how should I collect a refund or just consider the money is gone? thank you.
Unfortunately, you won’t get your money back. Only ask the bank to cancel the transcastion.
I have informed my Bank about these transactions and they have started investigating I am waiting for their results and hope for the best to at least to get half of what have lost.How could these criminals be brought to justice and to face criminal charges.
Finexro is a scam and no one should do business with this company. I paid a deposit of €250 and did not hear from them again. I have been trying hard to get my money back but to no avail. They are not returning my calls or emails. It is a scam period.
FINEXRO Webtrader.finexro.com
What can i say?? SCAMMERS SCAMMERS all the way pass on the word, keep away.
You will never get your money back. I joined with $250 and then was ask by Kevin to put another £1000 to open more trades, well you need to give money to make money, but i put in £700, now i’m making money, one week later i’m on $1585 so i made about say $300, not bad for a week trade….. then Kevin is trying to get me to put more money to open 3 trades which would be great returns he said, then i said i will let you know later on in the day, because he has given me is phone number and its on Whatsapp he said text me and i will call you, i text him 2 hours later which then it was 2.30pm No reply the next day at 11am same time that Kevin calls, it was Dylan, Kevin’s manager, really, that’s when i knew i’m being SCAMMED !! So i ask wheres Kevin hes not well then he said his off today, i said i text him and he is still on line, i find that very disrespectful, if i said i’m going to put more money i’m sure Kevin would reply, Dylan kept on saying whats the problem, so i knew from his voice that they where not going to get anymore money from me, so i played it cool and said call me tomorrow and lets see how things are going. Then i went to the withdrawal and put in for my funds to be sent total: $1558.16 i had to put my bank card numbers and they will send over once funds where in, that was on the 10/12/20. I get a call 1hr later from Dylan, why did i ask for my funds, i said its not for me i need my money back, that’s when Dylan said it will take 1 month because i’m still trading, i said stop the trading, he said lets see how things go till the end of this week, its 15/12/20 he called and he said that there is good news and bad news, i’m losing money but by this week things will change and it can still go up, i said No i’ve ask for my money back so that’s what i want, more lies i called him a scammer your site is fake not real trading you try to get people to put more money and steal there funds, he got very upset and was talking over me, i said i’m going to report this company to people in Cyprus to, and here to investigate and close you down, then he started to talk over me so then i put the phone down. Now i look at my trading and there is NO FUNDS NO TRADING so as you can see SCAMMERS.
Went to day to my bank they took more details and has given me a phone number to call and they will look into my clams and mite get my money back, not sure about that, we will see.
If anyone gets there money back Please lets US all know and how!! I’m not putting any stars it should be NO STARS
Similar experience here… Did you guys reported these SCAMBAGS? I mean to FTC, ActionFraud, Police…?
I just started to fill up all the forms. If I never see my money back at least try to stop other people make a same mistake like I did..
Hi Adam, No i havent, I went to my Bank and they have given me a Phone number which you just keep on waiting and no one picks up. It seams that banks don’t care, they know whats out there and still these SCAM Treading Sites are still acting, just don’t understand way.
Hi guys, there are a lot of scammers on the websites, even the companies who are told you that they can get money back. Just be extra aware. I just dealing a company who want scam me for $10,000 and promised tme will get my money back.
This world is in a dark place… God bless you.
Hi guys
So thankful I got to read these comments!! However I did invest with them, same story as all these previous comments, they rang me , being all nice and chatty, put $250 in, did one trade every night for 3 nights, was looking good and made $30 profit, told him I had lots of money I could invest to make more, tried putting $1500 more in but transfer wasn’t working for some reason, wire transfer wasn’t letting me fill in some blanks, and for some reason I couldn’t do another visa transfer, even though that is how I first deposited the 250, anyways thank god was watching over me. Very next day is when I did more research on them and found all these comments ( and other websites which states they are scammers) so what to do? Beat them at their own game is what! He rang again next day, “ how’s the transfer going?” AT THIS STAGE KEEP IT COOL! Keep going being nice as usual, i said look transfer are being weird and not working, any other way? He said yes, Bitcoin transfer, i said sweet let’s do it blah blah blah, next day I said right I have 2k in bitcoin ready to transfer but before I do I just want to withdraw my 250 through my Finexro acc to see if it works properly just cause I had so much issues trying to put money in, off course the whole time he was trying for me to put the 2k in through bitcoin, but I kept cool and said not just yet but soon cause I want to get this going and make lots off money . Anyways I withdrew, put my visa details in again and 4 days later, yes wait for it, I GOT MY 250 BACK!!!! Unbelievable!! Only cause I played along! And they though I would invest A LOT more with them. This return was made yesterday, soon as I got money Back i canceled my Visa card!! He rang again last night I said I was still waiting for my withdrawals , then says email me when u get it back, I say yes I will! He rang again tonight lol I didn’t answer this time, I’m sure he will ring again tomorrow to try get my 2k , tell u what he ain’t getting it!!! Now how to end it not sure yet… so I may be the only guy to ever my money back, I know it’s not much and really feel sorry for the people who have lost everything. But clearly these guys are SCAMMERS and don’t invest with them, from reading all previous comments. If u did and then read this I hope my story can help you. All the best!
wow!!!!! All the above victims i feel sorry for, as the very same thing happened to me, although the names from finexro were different mine were all men, with strong english but spanish speaking accents, using many many different mobile numbers. I never called them it was more they called me and on certain times i delibarately missed their calls. Nievely like everyone else I did drop £250 and was shown and given all sorts of finacial promises, methods mentioned by the others victims of trying to get into my account was tried a few times, i endured screaming and shouting when i didnt comply to their ask, when one failed another and another and another tried. All this time i remained carm unaware it was truely a scam. What really opened my eyes was when i was asked to open the “anydesk” app allowing them access to my computer at that point i just so happen to forget my password, the feller on the other end of the mobile phone changed it for me on my behalf!!!! Very surprised at that point i just played the game knowing the money i put in, or should I say money I could afford to lose “£250 only” was lost, I did not add any more no matter how much they tried to persuade me. To this very day I still get calls. I have asked to return my money back the same way it was recieved via debit card but nothing has happened
Very bad that broker….just stole the money,nothing else!!!…be carefully…..if you don t want to lose money do not try that broker!!!
Omg. Everybody speaking about sooo big amounts… Sad… I put only 250 e, they push me put more and more and more, but i answer all the time no. I lose only reale money 250 and a lot of time… With my work in this finexro i make by self almost 1000 dollars per almost two month. For my was called Alan Greenberg, Jonathan Grey, Justin , [email protected] this one i even dont know his name and last one was Laura. But when i try take out this money, exidently all my positions was cloused without my agree and stay only 40 dollars. In 28 of december call for me Laura and say for me that my profit will be take out and after this was bye bye. After this who call for me from finexro i just send thems on the 3 letters. But i still try get back even this money. But from the comments i see that its not possible get back… But i more scare about my private thinks like id card copy, bank card copy… Or i must to fast change this?
FINEXRO= ROBBER
Since we entered the platform, everything has been lies, until they made us open a new platform to return our money after a long time sending messages, finally they made us open a desk, and THEY COPIED AND PASTE OUR KEYS TO STEAL € 5,000 AND 4 BITCOINS . LET’S REPORT THEM TO THE POLICE
Please report finexro.com to the police so they can be investigated and prosecuted. Contact the action fraud team, they are the national fraud and cyber crime reporting centre in the U.K. You can do this online at https://www.actionfraud.police.uk/
I made a report. Please do to save others from being scammed.
I spoke to someone called Laura Bane and another called Daniel Shaw
I, unfortunately, contact them after I watched `good morning britain, ITV`, with Taxi driver news, (carrying £100K in his car boot). A guy called Justin Kelly phoned me, sound very trustworthy. Managed to make me deposited over £6000 from 07/12/20 till 19/12/20. On the 04/01/21 he called me with good news of me having £67K profit & ready into my account Now, 04/01/21, But asked me for further money to pay the VAT man.
I heard Nothing from them since, despite all my calls, email, withdraw of my funds & registered a protest via email.
I, therefore, think they Must work for a Terrorist group because they are so profissional, well organised, well spoken with good internet site taking our money legally /deposited into their Bank then releasing it to Terro.
Hi I am facing kind of same problem they not let me withdrawing money from my account. After set up my finexro n webtrade account. People from back office trade on my behalf and make huge profits. Afterthat I send some many requests for withdraw. Then few days latter Daniel Miller called me and said he gone help me to make withdrawing. he said I have to pay tax before withdrawing
and pass me the Bank of Ireland details. I paid the tax. Thenafter he said me to install Anydesk app to remote my device. Then after open account on different website like Binance, wise, Kraken with I’d verification. But everytime withdrawing process transaction gone reject for some reason. I am wonder that why they need Credit card for deposit instead of Bank account details. They said they gone deposit only in Credit or Debit Card. On my last attempt he said talk to your bank to update international transfer and tell them it is for Bitcoin buying transaction.
Is there anyone help me on this matter.
They are scammers, you never able to withdraw your money!!! Wake up!!! Don’t transfer any more money, and delete your AnyDesk from your computer, change your bank account password ASAP, report to the scam report l!!!
A big scam they steal your money, stay far away from these guys, robbers.
Hi All,
Please beware of these highly sophisticated scammers. Yes i have fallen a victim too.
After reporting to my bank about this scam, I was informed that these scammers are operating from Nigeria. They are Nigerian Mafia and are not from Cyprus or London.
Hope this helps. Please be very very careful. God bless.
Hi All,
They just use fake english names and surnames to cheat innocent people. All above people must have experienced an african accent in their voice and conversation. Specially the rascal Tom Spencer !!!
Stay away from these rogues
Absolute scam, my story is the same as everybody else, please do not deal with these parasites.