Read our FX Star Pro review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a fxstarpro.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 FX Star Pro 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 FX Star Pro 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.
FX Star Pro Review Conclusions
Making the FX Star Pro 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 FX Star Pro 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.
On 8th July 2020, I signed on with fxstarpro trading company with the view of trading in bitcoin cryptocurrency. It was all good news initially until my investment manager tried to solicit further monies from me as a way of top up. I refused and after a month decided to opt out. I filed for a withdrawal which was receipted and was promised my money would be on its way sooner than later.
Unfortunately, I have not heard from them after my persistent inquiries.
Same has just happened to me, my wife died just before Christmas 2019, I thought I spoil my son who is only 10yr old now as the last 3 Christmas have been rough due to wifes cancer treatments and her passing away, I put in £4000, and everything was going ok or so I thought now no contact phones cut off no replys to email.
I sincerely hope they get what my wife had and have an extremely painful ending 🤬
The same thing, I fortunately only deposited the minimum fee of £200 in October 2020. All seemed well until today when my emails to my broker bounced back. I asked for a withdrawal from my account to pay for court fees in Spain for a case I have won and out of this money was going to invest a further £8000 with them. They just do not want to part with any of your money which has saved me getting in deeper with them thankfully.
I was a fool and never checked up on them. I thought it was going to be a way of making some extra funds but alas I was wrong. at one point my account was registering $4700 and then the BTC started to crash but I could not stop the trade came down and went back up some but then came down again I was talking to Bryan I started to question him on the way they were handling my account, I said that a robot wasn’t working properly on my account and that I was aware that a robot was not involved at all they had made the trades 2 in number they just left them running. He got really abusive and swore at me several times then I asked for $500 to pay my bills but nothing has come and my account went down
They are scammers and need to go to jail.
In mid-December I invested 300GBP with fxstarpro which was invested in Binance. It was set up bt an agent who indentified himself as Alex Wolfe senior adviser who said he was Canadian and lived in Cyrus, he has a very slow droll voice but very convincing, I first invested 100GBP which was invested in Bitstamp but all this has now gone to the wall. I have tried to contact fxstarpro requested withdrawal, etc but to no avail
I did contact bitstamp but they said it was taken off their platform on the same day it was deposited and they have no forwarding notice. So sad as I nearly deposited 6000 from our church funds but praise the Lord I did not.
Cheaters scammers they made me invest & pay trade commission now they dont respond to paying my funds back
Hope they rot here n hell too
(1/5)