FxGecko’s Post

⚠️ #DBGMarkets : A client claims $200k account was wiped out due to abnormal quotes, yet DBG Markets only offered $50k in compensation. The client is demanding full reimbursement but has hit a wall in further discussions. Details: https://lnkd.in/g3zefKtV FxGecko has sent the issue to DBG Markets for resolution, but no response yet. 📊 According to FxGecko: - 39 complaints filed against DBG Markets - 14 responded - 6 resolved Investors should be cautious of this broker's reputation and service quality. Before trading, use the FxGecko app to check brokers. File a complaint if you encounter issues. #fx #forex #trading #investing #broker #financial #markets #forextrading #forexbroker #investment #InvestmentRisks

⚠️ #VTMarkets Client Complaint: Withdrawal Issues A VT Markets client reported issues with withdrawing profits. Initially, VT Markets accused the client of money laundering and demanded various documents and proofs. In the end, the client was advised to forfeit their profits. Details: https://lnkd.in/gE4gWDP8 This issue has been reported to VT Markets for resolution. FxGecko data shows VT Markets has 34 complaints, 10 responded, and 6 resolved. Pay attention to broker reviews, service quality, and trading conditions. Before trading, use the FxGecko app to check brokers. File a complaint if you encounter issues. #fx #forex #trading #investing #broker #financial #markets #forextrading #investment #forexbroker #InvestmentRisks #TradingRisk #RiskAlert 

⚠️ Forex Client Report:  #OEXN Fails to Honor Promises？  An agent reported OEXN blocked platform access after a client’s losses, despite initial assurances from the account manager that negative balances wouldn’t need covering. The agent negotiated a $2,000 withdrawal, but now $8,000 remains stuck, with no response from OEXN or the manager.  Details: https://lnkd.in/ghEn8CfM Complaint has been escalated to OEXN, but no response has been received yet. FxGecko data shows OEXN’s low rating. Be cautious of related risks.  Before trading, use the FxGecko app to check brokers. File a complaint if you encounter issues. #fx #forex #trading #investing #broker #financial #markets #forextrading #Investment

⚠️ #CWG Markets Client Complaint: A client opened an account with CWG Markets through a manager and began trading, investing a total of $11,500. Despite some gains and losses, the client successfully withdrew $10,000. However, a balance of $7,196.31 was suddenly deducted, and the remaining $1,433 is now inaccessible. The manager has gone silent, and customer service has been unhelpful, offering no resolution. Full details: https://lnkd.in/gpyQpugS According to FxGecko data, CWG Markets has received 18 complaints so far, with 8 responses and 7 resolved. Before trading, use the FxGecko app to check brokers. File a complaint if you encounter issues. #fx #forex #trading #investing #broker #financial #markets #forextrading #investme #ForexNews

⚠️ Forex Investor Alert: #BBMarkets (Blueberry Markets) An investor reported that BB Markets unfairly deducted account profits and closed their account after a withdrawal request. Although the first withdrawal was successful, subsequent requests were denied, and the account was locked without explanation from BB Markets.  More Details: https://lnkd.in/gUE33gMQ FxGecko data indicates that BB Markets has a high-risk profile, and investors should be cautious regarding the broker's regulatory credentials, customer reputation, and service quality. Before trading, use the FxGecko app to check brokers. File a complaint if you encounter issues. #fx #forex #trading #investing #broker #financial #markets #forextrading #Investment #RiskAlert #InvestmentRisks #InvestorWarning

Last week's news highlighted the emergence of new FX brokerages like Flowbank bankrupt, and the withdrawal of CYSEC regulation from HYCM. When it comes to trading, understanding the Fx broker you choose is crucial. Here are key factors to consider: - **Financial status:** A stable financial position reduces the risk of bankruptcy, ensuring the safety of your funds. - **Regulatory licenses:** Opt for brokers licensed by reputable bodies for fund protection and adherence to conduct standards. - **Company ownership and management:** Researching owners and management provides insights into values and expertise. - **Fund management:** Segregated accounts safeguard your funds by keeping them separate from the broker's. In today's market, distinguishing between reputable and non-reputable brokers can be challenging due to the ease of obtaining awards and accolades. Stay informed and make wise choices when selecting your trading partner. hashtag #ForexTrading hashtag #BrokerSelection

⚠️ #FXDD Client Report: A client applied for a withdrawal of $415 on May 16th, FXDD delayed processing the withdrawal for the reason that the withdrawal amount exceeded the limit, the client's account funds were deducted and disappeared, the client requested FXDD to solve the problem of his withdrawal as soon as possible. Details: https://lnkd.in/guGATqxF FxGecko has sent the issue to FXDD for resolution. Always "Ask, Check, Confirm" on the FxGecko app before trading with any forex broker. If you encounter issues, file a complaint. Stay informed, stay safe! #fx #forex #trading #investing #broker #financial #markets #forextrading #forexbroker #investment #InvestmentRisks

⚠️#VTMarkets client report: the client applied for a $300 withdrawal on March 27, 2024, and hasn't received it yet. VT Markets is delaying withdrawals with various excuses. The client requests the platform to process the withdrawal promptly. https://lnkd.in/gHavXK-u This complaint has been reported to VT Markets for resolution.  FxGecko data reveals 32 customer complaints against VT Markets, with 8 replies and 6 resolved. Investors should consider this platform's reputation and service quality. Before trading, use the FxGecko app to check brokers. If you encounter issues, file a complaint. #fx #forex #trading #investing #broker #financial #markets #forextrading #forexbroker #investment 

⚠️ Forex Client Report: #FPG (Fortune Prime Global)   A client has reported that after depositing $60,000 and earning $142,510 in profits, FPG refused the withdrawal request, blocked the account, and restricted all operations.   Details: https://lnkd.in/gTpikZfC This complaint has been forwarded to FPG, but no response yet. Investors should be cautious of potential risks with this broker.  Before trading, use the FxGecko app to check brokers. File a complaint if you encounter issues. #fx #forex #trading #investing #broker #financial #markets #forextrading #Investment #WithdrawalIssues #RiskWarning

✅ Recent Resolved Complaints  1⃣ #ATFX: A client faced significant losses due to an agent's malicious trading activities, resulting in an account blowout.  Details: https://lnkd.in/gjhd_cex 2⃣ #GTC Global Trade Capital: A sudden spike in spreads to $3 caused a client's account to blow out. Details: https://lnkd.in/guz4xgPi You can check the "Resolved" section on the FxGecko website or app for detailed information on these complaints and their resolutions. Before trading, use the FxGecko app to check brokers. File a complaint if you encounter issues. #fx #forex #trading #investing #broker #financial #markets #forextrading #forexbroker #investment #InvestmentRisks #TradingRisk