Read our FXT Brokers review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is an fxtbrokers.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 FXT Brokers 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 FXT Brokers 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. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
FXT Brokers Review Conclusions
Making the FXT Brokers 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 FXT Brokers 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].
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
FXTBROKER SCAMMERS
DANIEL ALFORD was my manager they scams me with
$41600 forty thousand and six hundred euros. When I asked them for withdraw $10.000 they disappear. but when I but my review Daniel alford he called me after 30 minutes from the review promise me they will send me all my money in 5 business days. They asked me to send them my world wire bank account i sent it to them they sent me email that they received my bank account information and they will send me the money in 5 business days by Friday March 2021. I will send you a review in Friday explain if they send me the money. My name Ahmed Hamed .from Canada
I am in the process of being scammed by FXTBrokers, the profile agent is Daniel Alford, he helped me deposit through Shakepay in Montreal, 10,000$ Canadian. The identity check went through and Shakepay received my e-transfer and immediately on the same day Daniel Alford withdrew all of the 10,000$, opened my account which I checked daily until one day my account was frozen at FXT and my money was stuck in their financial department or stolen by Daniel Alford. My many attempts to get them to liquidate my account and send me back my money have failed. Now Daniel Alford is not returning my e-mails since 4 days after I asked for my money back, it is 10,000$ + 3,500$ profit Canadian dollars. I hope others reading this will not deal with this unregulated company.
Danielle alford took all my money 31000 Canadian dollars then when I asked for withdrawal mony they disappear. FXTBROKER is scammer
Don’t deal with FXTBROKER THEY are scammer. Fake company. Fake addresses. Fake phones numbers
FXTBROKER all account managers fake names. They call you through internet they don’t call from land line. They scam people. They change companies names every year
FXTBROKER It’s only one year old. They keep stealing people money. After that they open another fake company
FXTBROKER THEY are not in switzerland not in London not in Australia not in Cyprus
FXTBROKER fake addresses
FXTBROKER DANIEL ALFORD and all the other accounts managers are fake names They ripped me off with $31000 Canadian dollars.
FXTBROKER DANIEL ALFORD ripped me off for $31000 Canadian dollars
Be careful every one FXTBROKER its scam
We will catch FXTBROKER very soon FBI are targeting them they will be in the jail very very soon they have their location and real account managers names and their real addresses.
Hi Ahmad I am very sorry to hear of your story. Me too I am having the same issues with them.
I asked to withdraw my funds and now they are telling me it’s stuck on the Blockchain.
Daniel Alford is the account manager and kept telling me the money is coming and still no money.
They are all crooks.
These people are scammers. Daniel Alford, Jordan Davis all of them. People stay away from this Company. They are not real. They never answer any of their numbers. They are never on the chat even though it would appear they are online. It’s all to fool people. I asked for my money I wanted to withdraw all my money for almost a month now and all I am hearing are different conflicting stories. Spoke to Jordan Davis telling me they sent the withdrawal through but it has been stuck on the Blockchain and I must now deposit more money into Shakepay to release or push the money through. What nonsense is this. Spoke to Shakepay and they advised that is not true they are lying and most likely scammers. People stay AWAY FROM FXT BROKERS, unless you want to loose your hard earned money like I do. I will seek every avenue getting my money back from them. FXT BROKERS SCAMMERS BEWARE!!!
Same. Sent about $4k worth of BTC, grew to over 0.4 BTC, not able to withdraw. Stories of how I have to pay income taxes from out of my pocket not this portfolio, blah blah blah, no resolution in sight. Just keep logging in to see how much compound interest I am giving them to remind me to do better research in the future. STAY AWAY
FXT BROKERS ARE SCAMMERS
REPORT THEM TO AUTHORITIES HERE ARE
ACTIONFRAUD. POLICE.UK
REORT THEM LOCALLY
REPORT THEM EVERYWHERE
Austria – Financial Market Authority (FMA) issued a WARNING!
Canada – British Columbia Securities Commission (BCSC) issued a WARNING!
Switzerland – Swiss Financial Market Supervisory Authority (FINMA) issued a WARNING!
Spain – Comisión Nacional del Mercado de Valores (CNMV) issued a WARNING!
They are scammers do not pay tax
Gov.Uk said they don’t have such thing it must be their platform fee
The names of agent Fake NAMES
YOU DONT KNOW WHERE THEIR OFFICE IS LOCATED
NOT ZURICH THAT ADDRESS IS INCORRECT
FRANKLIN NAME IS FTOM NIGERIA
I WENT ON LINKEDIN AND CHECKED HIM OUT HES IS S SCAMMER AND RICH IN NIGERIA
DO NOT INVEST WITH THEM
THEY WILL NOT GIVE YOR MONEY BACK
THERE IS NO LICENSE
NO ADDRESS
NO CORRECT CORRECT OFFICE NUMBER THAT YOU CAN CALL
AND ON AND ON OG SCAMMERS
🚩 RED FLAGS 🚩 ACCROSS
SCAMMERS
DANGERS CON ARTISTS
STSY AWAAY
REPORT TO CYBER CRIME DIVISION
POLICE
ACTION FRAUD . POLICE.UK
FXT BROKERS.com
SCAMMERS SCAMMERS SCAMMERS
RED FLAG 🚩 🚩🚩🚩🚩🚩
SCAMMERS,Scammers Scammers
Please, Please people text me on [email protected] or [email protected]
I have a lot of facts about these scammers- everything is illegal ! All the names is fake, they create STAGE NAMES FOR THEM !They located in Ukraine, Kyiv behind embassy of Peru, they makes over 2 millions per each month, now they just changed web site to Igmholdings.com and scamming still. In Ukraine everything is corrupted and I was working for them, they eved tried kill me ! Owners from Israel and George all the millions goes to Israel and they are strongly not work with USA and Israel – because FBI and Israel because all the funds they keep there.
Oahhhhh people, they located in Ukraine, Kyiv behind embassy of Peru, and СБУ protect them instead to arrest, they makes over 2 millions USD each month, only that’s true information, now they are Igmholdings.com and also exobit.io it’s the same scammers, People from Georga and Israel owners. I’m citizen of Canada and lost 83 thousand CAD by their tricky profits. Report a lot !
who can help me ?
Total scam ! Just changed web site to Igmholdings.com and scam still. All is fake and illegal, scammers as these, and other located in Ukraine.
FXT Brokers is not trustworthy, they need to be restricted and brought to justice. I don’t know what to do now my money is GONE!
FXTBROKER is a scam they ripped me off with €43000 euros
Owners from Israel and Georgia country they located in Kyiv Ukraine and all the time changing web sites with hackers. They has fully protection with Ukrainian Ssu as they share with profits, when any country want to arrest these scammers they need to do it right away and NOT TO ASK PERMISSION TO ARREST SCAMMERS IN ANY UKRAINIAN AUTHORITY AS UKRAINE IS SUPER CORRUPTED, scammers not touching USA citizens as only USA knows how to arrest and catch scammers.
They are also exobit.io , Bitstarmarkets.com , everFX.com , and for more facts text me on
[email protected]