I opened an account with 24xForex after reading that they can assign professional advisors to assist in trades and help with your account... also they had a 10 day money back guarantee! How can I lose, I asked myself! So I did a minimum buy in and within 24 Hrs I was contacted by an advisor, his name doesn't matter, I'm sure it's a different name for others. I had 250usd in my account (minimum buy in) and he quickly convinced me that this was not enough money to make a trade and maintain a healthy margin, so we agreed that I should deposit another $1500usd, but not through a credit card, but through another site called Bull Bitcoin and so I E-transferred the money there and my advisor took over from there and transferred the money to my trade account. We made a couple trades and i was quickly up triple my original investment. All during this time they kept telling me to have a safe account, I need to have the worth of at least one Bitcoin. So now I have 4500 in my account and feeling good, Advisor tells me that if I can deposit some more we can make even bigger gains. So I put another $3000usd into my account. And with $7500 in my account we made some more trades and the balance was quickly up over $10,000usd. This is when I started to have problems, we make a couple trades and one quickly goes up into a negative balance, now my advisor is quite firm about not closing any negative positions... makes sense! My account balance kept going up. Soon I was over 20k in my account even with the negative 1500. Then another couple of big trades that quickly went negative... I'm talking within 5 minutes! This happens but to cover the trades I had to deposit 12kusd to cover them... my advisor and his supervisor kept telling me don't worry it's only temporary... the account became worse and required another 10k deposit. This is when I noticed that my position lines (the price where I bought) were moving, and moving away from the actual, causing a rise in the negative account. I realized that they were manipulating my account to maintain a negative amount, and causing me to go further into the negative... at this time I had roughly 46k in assets, and was using $5300 of their "Credit" I refused to add anymore money into my account and the account quickly when below 100% margin level, at this time I tried to close one of the lesser negative positions and found that I was locked out of my account. And could not close the position, I contacted my advisor by text and asked him why I could not close, he claimed the market locked me out... nothing he could do... the only fix would be for me to add more money! I refused to add more funds. Overnight I had one position that actually climbed out of negative territory and was in positive. I still could not close the position, I texted my advisor this... and got no reply... at this time I physically witnessed my opening position change driving the position into a negative 1500 range... this is impossible... I texted my advisor again... he finally answered me and claimed it was because of a SWAP... I said BS! This is when I had proof... 24xForex uses a hacked version of meta 4 and are completely rogue traders! It was not long after that my margin ran out and all positions closed, with after thought I figured that they gained approximately 15kusd from where they sold my positions to Forex... and where they fraudulently closed my positions.
I'm a Canadian citizen and am not a disgruntled trader, I'm a trader that got cheated by criminals... 24xForex is not an accredited trader... anyone who claims a good experience must be new or mistaken.