Dear user,
BrokersView has Reviewed that FxRevenues is an Unregulated Forex Broker https://www.brokersview.com/brokers/fxrevenues.
We have conveyed to FxRevenues, if any response, we will immediately inform you.
Best Regards
BrokersView Team
service@brokersview.com
As from the 12th March, FX Revenues disabled my "Trade" option. See Screenshots with digital watch and others. Take note that there are only 3 symbols shown at the bottom. Graph, Watchlist and Account. I was not able to open or close any trades from this point on. See "Trades open" that is underlined just below the Balance which is nearly $215,000 Usd. I had 16 trades open that I could not close and see profit at the top right hand corner in green. Almost $31,000. This was the last screen that I could access before they disengaged my whole investment portfolio. See signing on screenshot and what happened when I attempted to sign in. After many emails to information@fxrevenues.com and with no response, this is what I was left with.
Other email addresses are..... emily.laurence@fxrevenues.com
david.bauer@fxrevenues.com elizabeth.astor@fxrevenues.com
Services_en@fxrevenues.com
Other sources besides YouTube and Trustpilot that FX Revenues use to advertise their products are.....
https://www.forex-ratings.com/forex-reviews/fxrevenues/
https://www.tradersbest.com/en/review/fxrevenues/
https://www.financebrokerage.com/fxrevenues-review/
https://cryptoparrot.com/guide/brokers/fxrevenues/
This is all for now although I have enough evidence to be able to write a book, I think. As stated previously, I have live video of their trading platform and recorded phone conversations.
Kindest regards, Ross.
Continuation.....
After I had signed the newly amended contract, on the 23rd January, I thought that we had resolved our differences, but I was sadly mistaken. I did not realise at first, but it was a trap. Part of our verbal agreement, aside from the contract, was that their Technical Analysis specialist by the name of Emily Laurence, was to become my new Account Manager. This role was previously held by Elizabeth Astor. Apparently from my own assumption, she did not want to be my Account Manager any more so she handed that role over to Emily Laurence.
Emily gave me three Asset Trades to allocate to my trading platform. 3 lots or 300,000 units for US Gold (code: XAUUSD), 3 lots for WTI crude oil (CL-MAR 25) and 3 lots for Natural Gas (NGAS-MAR25). It was not until the next day that I realised how unrealistic and absurd the "spread" and "swap fees" were. A 1,000 spread for gold and a 281 spread for Crude Oil. Natural gas was only a 10 spread so that was reasonable.
The swap fee for gold was $2,786.00 to hold an asset overnight or to put it simply each 24 hour period. Crude oil was around $670.00. Natural gas was $27.85. But this was calculated per 1 lot so, these figures are multiplied by 3. Being the 3 lot allotment for each.
That meant that gold, as an example, held overnight accumulated as 3 X $2,786.00 = $8,358.00 per 24 hour period.
After realising what was happening, I closed the US Gold and the Crude oil assets but kept the natural gas assets open. See Screenshots:
Notice the dates that I opened them and the dates that I closed them and the swap fee amounts. There was a weekend within these dates, and weekends are not included, so the gold asset was only open for 2 days. I even profited $1,044 on the gold asset but the swap fee absolutely drowned out that profit. Imagine if I had of left them open for 7 days, or more.
Also take note of the four symbols at the bottom. Graph, Watchlist, Account and Trade. The trade option is what you use to add or close trades.
Dear Brokersview Team.
First of all, I can send some screenshots.
The contract that I signed willingly on the 23rd January, 2025 which is an exact copy of the contract that I signed unknowingly on the 21st June, 2024 with one minor change. Part 6.1.1 (Rights of the Client) shows a 10% withdrawal allowed for profits (only) generated per month. The previous contract was 2% per month. After much debate on the phone and emails, I insisted that part 6.1 (Responsibilities of the Client) be deleted altogether, but they refused. I signed this latest contract because my account was still open even though I had stopped trading with them from the 5th July, 2024 up until the 23rd January, 2025.
I spoke to three representatives before this 2nd signing. David Bauer, Elizabeth Astor and Emily Laurence. They all assured me that clause 6.1 would not apply for monthly withdrawals and would only apply at the end of the contract being 21st June, 2027. If you have someone in your organisation that knows about CFD trading, he/she can tell you how unfair clause 6.1 really is, and the fact that an investment broker has no legal right to introduce such a document to do with investment trading.
As of the the 8th March, 2025, my "client home" app became no longer active. It was not reactivated.
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