Read our Bigmofx review to see if we recommend this broker for trading. Just to clear doubts, this is a bigmofx.com review.
Is Bigmofx Legit?
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 infamous for scamming schemes.
So, Bigmofx is just another unregulated forex broker, which means the customers aren’t 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.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does the scam work?
Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try 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 hundreds of dollars per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, they transfer clients to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good Bigmofx reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.
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 doesn’t 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 Bigmofx?
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 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 they deceived you into depositing money for a non-regulated trading company. Mention also that 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 [email protected] but don’t let your broker know they you read this article or that you are contacting 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 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 where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. 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 don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.
Make sure you leave Bigmofx reviews in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about Bigmofx, 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, mention it in the comment or let us know about it. That would be really appreciated by us by our users. Also, if you get phone calls from other companies, please put the name of these companies also in the comment. Or you can send them to us and we will expose them too.
Bigmofx Review Conclusions
Making the Bigmofx review was our pleasure, and we hope to save as many people 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 Bigmofx 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.
THEY LOOTED MY MONEY…NOT LEGIMATE…. ALSO KNOWN AS EMD FOREX AND DIGIBITS
(1/5)
Hiii bijo i saw your review many places please contact me let me see whether I can help you with my information. I have been trying to get your mail Or contact from reviews but now I got the chance to get to you
Plesde advise how you will help. They are scammers and they cheat us all…. Unless legal action is taken nothing can be done! They are not regulated and no license.
This is the BIGGEST SCAM HAPPENING NOW!!!! This was earlier called EMD FOREX and now they changed the name to BIG MO FX. They loot people’s money! They are not LEGIT and have no license to do ONLINE FOREX. When you put your money in BIG MO FX , you will loose it all. All the trades they do on MT5 are fake, you money is never in the real market. They have their RM dedicated who will do all the trades, they will give orders, you will not be able to do any trades on your own. They wil push you to invest more scaring you that your account will be washed out, their RMs are all thieves! Bilal, Akhil Kumar, Tiwari, Mohammed alll are professional thieves. Their duty is to make sure you deposit more money and they will wash your account. Please be aware! If your money is in BIG MO forget it! ITS LOST! YOU WILL NEVER GET IT BACK! PLEASE REPORT THESE FRAUDS ASAP! THEY ARE BIG SCAMMERS!
(1/5)
Brief History:
Founders are Mr BP and Mr RT and they were working in an Investment company in Dubai . They started looting people during covid time. They both from India and will reveal further informations about them by next week. Mr BP residing in Dubai (Al Wasl area) and he is riding a Bugatti and diversified his business into different sectors which is operating in 21 countries with our looted money. Mr RT mostly stays in India and coming to Dubai 3 to 4 days in a month and he is looking after call centers and RM.
Platforms :
They are working in different names and keeps changing platforms to avoid any legal risks. The platforms identified so far
1.Digibits
2.Emdforex
3.Capital pro Fx
4.Rarebulls Fx
5.U trade Markets and many other unidentified platforms.
Mode of Operation
They are working as 2 segments, call centers and RMS( I call as Retention Managers). The agents call people from the database and convince customers to start with 1000 USD. Then they handed it over to RMs. The RMs establish a rapport with the clients by showing some profits in early trades. They will allow to withdraw some profits if they 100% sure that the client will invest more. Slowly they will learn your mindset, financial background and then he will set a target the fund to obtain from him. After this RM will try to Hedge the fund by giving wrong trades and ask to invest more money to come out of this. Once the targeted amount comes then he will give a wrong trade and the entire amount will vanish in seconds. The beauty is these guys are well trained to make believe the client that due to his fault he lost money. They are doing it in a professionally convincing way and no one will doubt on them. These funds are not entering to international financial markets and they are fooling the clients with their own purchased user interface and soft ware.
Locations of Call Centers in Dubai:
Call center employees salary ranging from 4000 to 10000 and incentives based on targets. There role will finish once the customer reaches to the RMS hands. The approximate number of employees in the call center is around 200 to 250 and they scattered into different locations in business bay. Some of the locations identified are
1.Exponential Commercial(Lake Central Tower)
2.Wealth gain( Blue Bay Towers)
3.Fourth Venture ( Bay gate tower)
4.First Venture(Binary Towers)
Retention Managers(RM)
The average salary of RM ranging from 18000 USD to 25000 USD plus rewards and incentives depending up on the targets they are achieving. Each RM has a target of 125000 to 150000 USD per Month to loot from customers and bring to the company. The management kept there rewards very high so that they never regret what they are doing. Mr RT used to come to Dubai and arrange parties with these bxxxxds and throw expensive gifts on them in parties. They also works in different locations and some remotely. Will provide the detailed informations by next week ( working on it).
You guys looted my hard earned money and ruined my family life. I will fight back until I get my money back or until I die. We are moving legally in UAE with concerned authorities and got several informations about their bank and financial activities in UAE ( waiting for approvals from concerned authorities to get detailed reports of the account and company holders) . We are planning to approach media in India and Pakistan after collecting enough legal evidances so that the guys cant deny or refuse any allegations against to them. Will keep you updated once I will get the whole information.
(1/5)
Hi Mr. Bijo,
Any Positive feedback on this
Hey guys how y’all doing?! Pretty rough I guess! Down the line it’s true that it’s a PURE SCAM organization. All the positive reviews are fake which were told by these spoiled brat cock sucking managers of the company to their employees. STAY da
F AWAY!!! After EMD forex was fcked by filthy reviews, these maggots had to change their Platform name to BIG fokin’ MO! They can’t flee, every individual has to find their way out! To The skinny psy HR, Ugly stinking psy manager, of the binary tower branch 22nd floor first venture company, Fck you and have a nice day
(1/5)
I LOST ALL MY MONEY INVESTING WITH BIG MO FX THEY ARE THIEVES AND SCAMMERS! THEY HAVE NOW CHANGED THEIR PLATFORM TO U TRADES MARKETS! BEWARE! DO NOT TRADE WITH THEM! THEY ARE CHEATERS LIARS AND MANIPULATORS!!!!! BEWARE OF THEM THEIR RMS ARE ALL PROFESSIONALS!
(1/5)
If someone can take your hard-earned money from you forever, then it’s BIGMO.
The sales team begs you in the name of monthly targets to start an account and give them a chance to show profit. Once I started an account with them, they told me to install MT5 software from the app store. Then they will use their server to login. Then, once you deposit money, when the market is in a sell position, they guide you to buy; when the market is in a buy position, they guide you to sell; and they make you trade in such a way that your floating profit is always 2-3 times negative and tell you to hold equity and deposit more money to maintain margin level or face legal consequences. People get trapped into thinking that it’s real software and that their profit has gone negative and they have to pay. They make you pay thousands of dollars, which you beg and borrow. Once the first level of RM has extracted money from you, they send you to the second level of RM, who is smarter and tries to extract the last pinch of money from your account.
Their accounts are illegal. They keep switching their names every 1-2 months in order to keep business going. They won’t ever share their office address (a basic thing for a legitimate company).
I haven’t met a single person physically who can say they even do real trading or have a real office. If anyone calls you from any call center, just ask them for their country regulations copy, trade license copy, and physical address. If you plan to start trading with them, make sure you have seen the RM directly, who will give you training and support.
(1/5)
This is a big scam run by one group headed by Babji Pothina and Rahul Tanwar. They are under different names, EMD/ BIGMO/ U TRADE/ RareBull etc… Please do not throw away your money, you will never able to get it back. I lost all my USD 12,000 to them.
(1/5)
This company operates from India, Gurgaon. They use ” One success Pvt. ltd.” name for their office, but inside that office they are doing pure scam. They use Dubai office names but those offices are also fake. TO CATCH THEM YOU NEED TO FILE A COMPLAINT IN INDIA OR INDIAN EBASSY.
Office address: – Enkay Center Wing B, 3rd Floor, Udyog Vihar
CEO name is Tarun
HR Bhavya Sahni (instagram ID: @Bhavya_sahni)
I am reading these Yes, they are not a good platform i lost my money in less than 1 month. Do not invest with them. They will take the money and will open bad and negative trades and your account will vanish. They are a bunch of thieves running this. Please do not invest with these scammers.
(1/5)
This company operates from India, Gurgaon. They use ” One success Pvt. ltd.” name for their office, but inside that office they are doing pure scam. They use Dubai office names but those offices are also fake. TO CATCH THEM YOU NEED TO FILE A COMPLAINT IN INDIA OR INDIAN EBASSY.
Office address: – Enkay Center Wing B, 3rd Floor, Udyog Vihar
CEO name is Tarun
HR Bhavya Sahni (instagram ID: @Bhavya_sahni)
This is the best platform to donate our hard earned money to MR. Rahul Tiwari to survive his basic needs without delay. He is struggling to survive for his basic needs from past 3 years. This platform is very user-friendly and very easily we can donate them. Their RM will show us the easy way to donate to needy guy.
(1/5)
They use Dubai office names but those offices are also fake. TO CATCH THEM YOU NEED TO FILE A COMPLAINT IN INDIA OR INDIAN EBASSY.
Office address of this FAKE company – Enkay Center Wing B, 3rd Floor, Udyog Vihar, GURGAON
CEO name is Tarun
HR Bhavya Sahni (instagram ID: @Bhavya_sahni)
THESE ARE THE MAIN PEOPLE OF THIS FRAUD COMPANY.
This is true THIS IS A FRAUD PLATFORM I LOST MY 5000 USD HERE. They are cheaters and liars! i heard from sources that they are shifting to a NEW PLATFORM CALLED UTRADES MARKET!!!! this is also another major red flag! DO NOT TRADE WITH THESE PEOPLE!!! Fourth Venture call center headed by RAHUL TANWAR is only to target customers and make them invest them and you will loose all the money! THEY ARE FRAUDS! I was unable to withdraw my money from the wallet to my account and my RM AHMED refused to help me. They will threaten you to deposit more money or your account will be washed out. PLEASE STAY AWAY FROM ANY CALLS FROM ANY PLATFORM! THEY ARE THIEVES!
(1/5)
This company operates from India, Gurgaon. They use ” One success Pvt. ltd.” name for their office, but inside that office they are doing pure scam. They use Dubai office names but those offices are also fake. TO CATCH THEM YOU NEED TO FILE A COMPLAINT IN INDIA OR INDIAN EBASSY.
Office address: – Enkay Center Wing B, 3rd Floor, Udyog Vihar
CEO name is Tarun
HR Bhavya Sahni (instagram ID: @Bhavya_sahni)
This is a scam, before they were EMDFOREX and now BIGMOFX. They robbed USD 12,000 of my money. I am takinh them to courts and definitly recover my money. Please contact me on 058 5514102, who ever need my help and I am happy to assist,
(1/5)
This company operates from India, Gurgaon. They use ” One success Pvt. ltd.” name for their office, but inside that office they are doing pure scam. They use Dubai office names but those offices are also fake. TO CATCH THEM YOU NEED TO FILE A COMPLAINT IN INDIA OR INDIAN EBASSY.
Office address: – Enkay Center Wing B, 3rd Floor, Udyog Vihar
CEO name is Tarun
HR Bhavya Sahni (instagram ID: @Bhavya_sahni)
No one’s contact him. He is One of Another Fraud for EMD/BIGMO FX. This is AKHIL KUMAR number, Member of BIGMO FX, he is Trying again Fool us. All are Real SCAMMERS , stay away from this SCAMMERS
Working on it bro… Soon there will be a break through as they based in UAE. I have restrictions to disclose it.
(1/5)
death yes you are absolutely right!!! They are big scammers and all they do is cheat people with their investment….. Do not trust them… Their RMs Bilal and Akhil Kumar are big thieves!!!!! They have no courtesy nor will help anyone! Their target is to swindle money and and make sure account is washed out. Soo many t are now aware that this BIG MO FX is fake. All these REVIEWS ON TRUST PILOT are done by their CROOK RMs and Agents!!! They flag all the genuine reviews and they promote their positive reviews only to increase score!!!! In the end you put any money with BIG MO or U Trades or EMD Forex your money in the ocean! Never you will get your money back!!! They are frauds!!!! And big scammers!!! Stay away!!!!
(1/5)
Mr/Ms Unknown,
I won’t be sharing informations any unknown persons as instructed by concerned authorities. Post here if anything .
I feel compelled to share my recent experience and cautionary tale regarding an alarming trend in the realm of online trading. It has come to my attention that certain call center agents have been aggressively reaching out to individuals, particularly those of South Asian descent such as Indians, Sri Lankans, and Pakistanis, enticing them into online trading investments. However, these operations lack the necessary licenses for FOREX trading as required by governing bodies within our country.
Operating under the guise of “Call Centers,” these entities have perfected their tactics to prey upon unsuspecting victims. Initial interactions involve inquiries about one’s familiarity with “online trading.” In cases where respondents express a lack of experience, the agents offer assurances of comprehensive training and the appointment of dedicated Relationship Managers. These well-trained agents employ their persuasive skills to coax individuals into commencing trading activities.
The modus operandi begins with a seemingly modest investment ranging from USD 1000 to USD 2000, accompanied by promises of easy access to withdrawals. Clients are provided with login credentials to access the trading platform and are introduced to concepts such as “Trading Instruments,” “Buy,” and “Sell,” all seemingly overseen by their dedicated Relationship Manager.
As the initial trades show profitable outcomes, a sinister transformation occurs. Relationship Managers aggressively advocate for increased investments, encouraging clients to commit larger sums, ranging from USD 10,000 to USD 20,000. This higher stake seemingly leads to substantial profits, fostering a false sense of security. Regrettably, attempts to withdraw funds prove futile, a stark contrast to the earlier assurances of flexibility in accessing invested capital.
The tactics then take a coercive turn, as clients are coerced into purchasing larger volumes. This high-pressure situation creates a dilemma: either relinquish already invested funds or submit to further deposits. Trapped between losing their hard-earned investments and potential recovery, some individuals succumb to the pressure and deposit more funds, only to discover their efforts are in vain.
In my personal experience, I initially invested USD 2000 and, when confronted with requests for additional deposits, refused compliance. Subsequently, I was permitted to withdraw a mere USD 250 before relenting to deposit USD 10,000. The ensuing days were marked by coerced trades on a larger scale, ultimately resulting in the depletion of my entire investment and earned profits within a brief span of less than two weeks.
Disturbed by these practices, I have taken the initiative to pursue legal recourse against these unscrupulous operations. Collaborating with fellow victims, we are committed to exposing these fraudulent activities and bringing those responsible to justice. It is important to highlight that these entities operate under various names, yet all share common ties under a single umbrella group, predominantly headed by individuals of Indian origin.
For your reference, here is a list of some of the identified names:
– Digibits
– Emdforex
– Capital pro Fx
– Rarebulls Fx
– U trade Markets
– Bigmofx
– Click Trades
These entities operate under the following call center licenses:
– Fourth ventures Call Center
– Exponential Commercial
– Wealth Gain Call Center
– First Venture
– AVG Wealth World Wide
– Capital PROFX
– Allianz Marketing Management
I am committed to providing updates on our collective efforts to combat these fraudulent operations. I implore you to exercise utmost caution and vigilance when approached by any such entities. Together, we can thwart their attempts to exploit our hard-earned financial resources. Rest assured, I stand united with a coalition of individuals determined to unveil these scams and hold those responsible accountable.
(1/5)
Hey brother there is no way to recover my money from their hands?? Help me out we need to stop this happening
Please help me i have invested USD 4000.00 and didnt witdrew single penny and now they are forcing me to invest more otherwise my wallet will be wipe out please help me i have spend it all what i had help me brother to recover my money
Bijo jacob can you please contact me in this mail id: [email protected] i need your help i lost my money to this platform please bro contact me help me out here
Dear Death, Absolutely right BIG MO FX IS A FRAUD COMPANY AND THEY SCAM EVERYONE. They have no trading license and not regulated byt he Central Bank here in UAE. Their RMs are professional scam artist and all they do is gain your trust and wash out your accounts. They will start with 1000 USD for the start and then they will ask you to deposit more. The day you want any withdrawals they will ask you to open several trades and they will wash out your account. Mr. Bilal and Mr.Akhil are 2 RMs I dealt with and they are thieves. Alll well paid from the company and will do anything to protect this scam. I ADVISE EVERYONE DO NOT TRADE WITH THESE PLATFORMS. Your money is never In the market. They use MT5 app just to fool you all, its like a demo account you are on and the real money are with these rogues! They have cheated several clients and a lot are coming forward as this is being exposed! If they are legit, why the RMs do not want to meet face to face, why when asked several times for a meeting with the management no one came forward! All their offices in business bay is only to have small meetings if a new scapegoat wants to invest 10K USD or more as a start, they will make sure your account Is washed out! PLEASE DO NOT INVEST WITH BIG MO FX, EMD FOREX. U TRADES MARKETS!!!!! ALL ARE SCAMMERS! MANY LOST ALL THEIR HARD EARNED MONEY…… DO NOT INVEST WITH THEM! ITS FROM REAL EXPERIENCE! ALL THE REVIEWS POSITIVE ON TRUST PILOT ARE BY THEIR OWN PEOPLE! THEY HAVE FLAGGED AND REMOVED ALL THE REAL REVIEWS! BEWARE OF THESE FRAUDS! YOU WILL LOOSE EVERY HARD EARNED MONEY!
(1/5)
Everything in this comment section is TRUE I lost all my money with them. DO NO TRADE WITH THEM! They will scam you cheat you and make sure you will loose all the money.
They use Dubai office names but those offices are also fake. TO CATCH THEM YOU NEED TO FILE A COMPLAINT IN INDIA OR INDIAN EBASSY.
Office address of this FAKE company – Enkay Center Wing B, 3rd Floor, Udyog Vihar, GURGAON
CEO name is Tarun
HR Bhavya Sahni (instagram ID: @Bhavya_sahni)
THESE ARE THE MAIN PEOPLE OF THIS FRAUD COMPANY.
They are Scammers, don’t trade.
My Money is lost(almost $10k). So its my personal experience.
For more details you can call me: 0585531623, I will explain what to do.
THIS IS FRAUD REVIEW! HE IS BILAL ( AKA MOHAMMED AHMED!!!! ) THIS IS HIS NUMBER!!!! HE WORKS AS AN RM FOR EMD FOREX/ BIG MO FX/// HE HAS LOOTED SOO MANY INNOCENT CLIENTS! THIS IS FAKE IDK WHY HE IS WRITING AS A VICTIM! HE WORKS FOR THEM!!!!!!!!!! ALOT OF PEOPLE HAVE LOST MONEY WITH THIS RM….. PLEASE REPORT HIM!!!!!
Yes, You are absolutely right and it is Bilal’s contact number, he was used the same number while doing the RM service for me and he is number one devil & cheater and forcing people to invest more in the market to avoid the account washout, and I have lost my $1000 (initial deposit ) and profit too, and my RM was also Bilal. We realized later on that the account is hedged by them and we cannot withdraw any single amount after we started the Demo Trade in MT5.
They looted me. I paid from credit card and i lost 2000$.
They use Dubai office names but those offices are also fake. TO CATCH THEM YOU NEED TO FILE A COMPLAINT IN INDIA OR INDIAN EBASSY.
Office address of this FAKE company – Enkay Center Wing B, 3rd Floor, Udyog Vihar, GURGAON
CEO name is Tarun
HR Bhavya Sahni (instagram ID: @Bhavya_sahni)
THESE ARE THE MAIN PEOPLE OF THIS FRAUD COMPANY.
Anyone know there office ? Bigmofx ?
They use Dubai office names but those offices are also fake. TO CATCH THEM YOU NEED TO FILE A COMPLAINT IN INDIA OR INDIAN EBASSY.
Office address of this FAKE company – Enkay Center Wing B, 3rd Floor, Udyog Vihar, GURGAON
CEO name is Tarun
HR Bhavya Sahni (instagram ID: @Bhavya_sahni)
THESE ARE THE MAIN PEOPLE OF THIS FRAUD COMPANY.
For more details mail me on this mail- [email protected]
if i read all this reviews might i will not fooled by this EMD/BIGMO FX , i lost 50,000 dollars , they are real scammers , MR.BILAL 0585531623, i blindly believes his words, they are Heartless peoples , no limits on scamming, they knows i am a low salary guy still he insist me do invest , i lost 1st 15k dollar and it was washed-out, for get back that money he ask me deposit another 10k dollar which i barrowed , and finally same sinario it was in hedge position and ask me deposit another 10k , totally 50k i deposited and even 1 dollar they don’t gives me profit, please GUYS we have to join all and make an community and do something against this SCAMMERS
(1/5)
They use Dubai office names but those offices are also fake. TO CATCH THEM YOU NEED TO FILE A COMPLAINT IN INDIA OR INDIAN EBASSY.
Office address of this FAKE company – Enkay Center Wing B, 3rd Floor, Udyog Vihar, GURGAON
CEO name is Tarun
HR Bhavya Sahni (instagram ID: @Bhavya_sahni)
THESE ARE THE MAIN PEOPLE OF THIS FRAUD COMPANY.