Revealing The Latest Forex Scams in FXRoad

Have you been lured into forex investment through FXRoad under the fake impression of professionally managed services? Facing facing withdrawal issues in real time? You have unfortunately trusted a scam broker, which is trolled on several broker review platforms. Some reviews are just a couple of days old, highlighting the newness of its scam tactics. So, if you were thinking of joining FXRoad, stop before it becomes all the worse for you! In this article, we will disclose the latest forex scam complaints made by investors here.

The Latest Forex Scams That Rocked Investors at FXRoad

Constant Calls Made to Lure Investors into Fake Forex Trading

Investors are often promised professionally managed trading services by FXRoad executives who call them repeatedly. However, things happen exactly the opposite when investors start trading. They make profits but cant withdraw them despite multiple requests. This complaint drew our attention to the fake forex game going on at FXRoad.

One Investor Filed a Lawsuit to Recover Funds

FXRoad has become a subject of poor customer service by denying withdrawals and not giving a timeline for fund release. Although not appreciated, investors can wait for a delayed withdrawal. However, they would need clarity on the withdrawal timeline. This does not remain the case at FXRoad, resulting in the investor filing a lawsuit to recover the funds. The investor made a strongly worded comment about FXRoad. Check it out.

Manipulative Trade at FXRoad

Manipulative trade, as with most fraudulent forex brokers, is the case with FXRoad. Its trading platform shows fake profit figures, prompting you to invest more and trapping all your funds after a point.

The Company Blames the Investor for Losses

Stunning, but true! The investor lost a humongous 890,000 USD with FXRoad. While that was financially excruciating, the response from the company was not right. The investor accused the company of disowning itself from the mistakes it committed in trade positions. FXRoad also offered the investor a lure of 50,000 USD with a deadline. However, the investor felt that it could be another scam and, therefore, did not proceed further. Here is the review.

These were some fresh investor complaints against FXRoad. Talking about the Indian market, the Reserve Bank of India (RBI) has already banned it for numerous forex trading discrepancies.

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