If you want everfx scam a reputable broker, you can check for IC Markets or Pepperstone. You can use credit cards, such as VISA or MasterCard, or you can transfer the money with the help of e-wallets or bank wire transfer. All methods should be fast and efficient, which is sometimes not the case with this broker. Note that account managers are notoriously pushy and will hound traders to make further deposits, and/or move funds to unregulated brokers.
Understanding CFDs and Their Risks
I was reading an article on a website about earning extra income by trading. I decided to give a try and proceeded to register. After a few minutes, I received a call frm an overseas number on 29th April 2021. It was a guy named Mahfoud Seif claiming to be my personal account manager of my account.
If you’ve lost money through EverFX’s CFD trading, you’re not alone. Thousands of investors were misled and in some cases aggressively pressured into parting with their money. EverFX offers a range of tradeable instruments, platforms and account types for novice and experienced traders. High leverage offers clients the chance to earn sizeable returns with little initial investment, however, leverage also carries significant risk.
The global brokerage is owned by ICC Intercertus Capital Ltd and regulated by the CySEC, FSA and CIMA. A source close to the investigation said that Pablo A. Held a high position in the organized crime group, similar to that of Amant Josifi, an Albanian ex-government official currently wanted for arrest for running a scam call center in Tirana. Spanish police on Wednesday arrested a key figure in a massive investment fraud network exposed by OCCRP that has defrauded victims around the world of billions of dollars.
Absolute scammed
STP (Straight Through Processing) brokers seem to be taking over the Forex market, and the efficiency of this new model is certainly worth taking a look into the matter. The majority of those new broker houses promise a set of tantalizing benefits, such as instantaneous execution, safe trading environment, tightest spreads, and so on. However, not all of those companies are equally professional and trustworthy, and our EverFX review will provide you with the necessary information about this particular trading provider. The sooner you act, the better your chances of recovering your losses. Time limits apply to financial fraud and mis-selling claims, so don’t delay in making a claim yourself or seeking expert advice about your EverFX losses. Assessing negative feedback and comments from people who have interacted with Everfx.com might provide insightful viewpoints regarding the broker’s dependability.
About Compensation Adviser
If you’ve lost money through EverFX or any other investment, our expert team can assess your situation and determine if you may have a case with our free, no-obligation initial consultation. The FCA ordered EverFX to stop offering CFD’s to UK customers, close all their trading positions, and return money to customers. These overseas entities were not authorised to provide regulated services in the UK, leaving investors without the protections they would have had with a fully regulated firm. EverFX targeted UK investors offering high-risk CFD (Contract for Difference) trading.
- This company broker doesn’t even deserve to have 1 star.
- As mobile trading continues to gain momentum, EverFX Global has ensured its services are available on Android and iOS devices.
- These overseas entities were not authorised to provide regulated services in the UK, leaving investors without the protections they would have had with a fully regulated firm.
- Concerns about questionable actions, trouble-making withdrawals, or unhelpful customer service ought to be taken seriously and investigated further.
- The owner and CEO put an emphasis on providing clients with powerful trading tools, market insights, and a 24/5 customer support team.
- EverFX is a broker offering flexible funding options and 130 instruments across 6 asset classes.
EverFX Reviews 13
If you would like to make a Mis-sold Life Insurance online claim please go to the link below and use the provided enquiry form. If you would like to make a Quilter Financial Services online claim please go to the link below and use the provided enquiry form. If you would like to make an Advice Fee online claim please go to the link below and use the provided enquiry form. If you would like to make a St James’s Place online claim please go to the link below and use the provided enquiry form. If you would like to make a True Potential online claim please go to the link below and use the provided enquiry form. If you would like to make a Pension and Investments online claim please go to the link below and use the provided enquiry form.
Compare Trading Instruments
Our free consultations can guide you through the process of recovering your funds, ultimately prioritizing your financial well-being. Stay watchful and informed to safeguard your financial interests in an ever-changing financial world. One of the most significant concerns regarding scam brokers 2024 is the absence of regulatory information.
- Is it a coincidence that a lot of people are complaining about the company.
- Thousands of investors were misled and in some cases aggressively pressured into parting with their money.
- STP (Straight Through Processing) brokers seem to be taking over the Forex market, and the efficiency of this new model is certainly worth taking a look into the matter.
- The majority of those new broker houses promise a set of tantalizing benefits, such as instantaneous execution, safe trading environment, tightest spreads, and so on.
- He even showed me a proof by email saying that one of his clients blew his account as he did not follow his intsructions.
Meet Our Team
USD 18K has been lost in fraud by acct manager – name Nick. The modus operandi is the same as most of the reviews here. Only I want to know the process of reporting to the local police and subsequently to Interpol about this scammer company.
EverFX Top Broker
In addition to the retail accounts, EverFX also lets you choose a demo account. To be fair, there’s nothing wrong about this offering, yet it’s also not something to be impressed about. Almost every broker features a demo trading platform on their website and it’s not some legendary undertaking to improve our EverFX opinion.
The brand have however, been caught up in numerous cases involving unethical behaviour towards clients. According to a joint statement from the Guardia Civil and the Mossos d’Esquadra — the Spanish and Catalonian police forces, respectively — Pablo A. Was considered the Spanish “team leader” of EverFX, and was in charge of “managing” Spanish victims who were convinced to send money to the fake brokerage. CFDs are considered an advanced trading strategy used by experienced traders.
