AB
Alexander B

1 reviews | Active since May 2024

02 May 2024, 04:36

Raisefx is a ****, possibly a ponzi

Urgent Warning to All Traders, *****ulent activity at Raisefx

Unfounded Account Freezing: My account was frozen based on alleged arbitrage activities, without any substantial proof provided by Raise FX.

Lack of Evidence: Despite multiple requests, the company has failed to furnish concrete evidence to substantiate their claims against my trading activities, I provided evidence that my account was in loss for three months, only won 51% of trades and have a long trading duration.

Privacy Breaches: Raise FX has inappropriately shared my personal and trading information with other brokers, compromising my privacy and potentially violating confidentiality agreements.

Unfair Financial Penalties: They offered to return my initial deposit but imposed an arbitrary 20% penalty, which seems like a tactic to withhold funds unfairly.

Potential Insolvency: The imposition of a 20% fine on returned deposits and their overall handling of account funds suggest potential financial instability.

Risk to Personal Data and Funds: Given their practices of sharing client information and handling of disputes, there is a significant risk to both your personal data and your investments.

Given these serious issues, I strongly advise all traders to withdraw their funds from Raise FX and seek a more reliable and ethical brokerage to protect their trading interests and personal information.

0
Replies (0)