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TransX Markets
Regulator:
I opened an account with TransxMarket in September 2024 through UniversalFXSoftware and Mr. Naem, who provided a free bot for Gold/USD trading on the MT5 platform. While it seemed promising initially, the experience turned out to be a nightmare.
Withdrawals required Mr. Naem’s approval, and without it, no funds were released. This lack of transparency and control was a major issue. TransxMarket delayed payments and pressured me to refer more clients. After referring one client, they began harassing both of us for more referrals while withholding our funds. Despite raising complaints, they stopped communicating and failed to resolve our issues (as of January 2025).
TransxMarket and UniversalFXSoftware exploit clients through unethical practices and a flawed withdrawal system. I strongly advise against trusting them or investing with their platforms. Save your money and stay away!
Dear Investor,
Thank you for bringing TransX Markets to our attention. We have flagged TransX Markets as a scam and fully understand the distress and frustration this fraud has caused you. We strongly advise you to discontinue any engagement with them, regardless of their claims, as their sole intention is to defraud you. Please gather all evidence and report it to your local authorities.
We also encourage you to file a complaint on our platform at https://www.brokersview.com/complaint. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution.
Lastly, stay calm and avoid making impulsive decisions to recover your loss, though we know this can be challenging. Stay vigilant against recovery room scams, where unsolicited messages claim they can recover your losses for a fee. These fraudsters intend to exploit your urgency and revictimize you.
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