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forexwisepro - profits removed, account closed
Supcarol
United Kingdom 2023-12-06
Related Broker:
forexwisepro
Regulators:
Claims: Fund Recovery
Amount: $6,300
Progress: Replied
BrokersView BrokersView is processing
2023-12-06

We have received your complaint about forexwisepro.


Please be informed that forexwisepro is an unregulated scam! 

For more details on this broker, please check our full forexwisepro review.


Could you please provide some evidence of your trading in forexwisepro (such as account number and trading and transaction records)? We will try to contact this broker for you.

Supcarol File a Complaint
2023-12-06

After 4 months of live trading, on 27th November 2023, without any previous notice, I was informed by the broker that I "breached" their T&C with "a high volume of transactions that are opened and closed within an unusually short period of time as compared to the ‘average’ client, with a disproportionate number placed advantageously between the price of trade and the price of the underlying market instead of the 'random distribution' that would be expected when the Trading Platform is used "fairly"... And for this "reason", they unilaterally decided to close my live account. All 17 trades I made in 4 months were voided and all the profit I made (approx. 5000 GBP) was canceled.  

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