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Abstract：UFX Partners, a UK-based forex broker, has been flagged by many traders as a scam forex broker. Frequent reports of profit deletions, withdrawal blocks, and alleged fund scams are trending on several broker review platforms. Some traders reportedly lost all of their life savings due to the broker’s illegitimate trading activities. In this UFX Partners review article, we have highlighted numerous allegations against the broker. Read on!
UFX Partners, a UK-based forex broker, has been flagged by many traders as a scam forex broker. Frequent reports of profit deletions, withdrawal blocks, and alleged fund scams are trending on several broker review platforms. Some traders reportedly lost all of their life savings due to the brokers illegitimate trading activities. In this UFX Partners review article, we have highlighted numerous allegations against the broker. Read on!
A trader reported a whopping profit worth USD 7,571.36 on the UFX Partners trading platform. However, the trader received an email from the broker about the deletion of this profit number. According to the trader, the broker pointed out no quote on the market while trading. This means that the trader could not open the deal. However, the trader refuted it by saying he did open the deal. This revelation puts the broker under the scanner. The screenshot below perfectly captures the tussle between the broker and the trader on the profit deletion issue.
UFX Partners is also accused of frequently calling traders to deposit and trade. As traders lose capital, the broker disappears. But things dont end here. The broker comes back, convinces traders to deposit more, and then disappears. Read this UFX Partners review, where a trader shares a financially tragic incident.
A trader, while sharing the UFX Partners review, highlighted the lack of response to the email query raised regarding the lack of access to the original app, where trading details were available. This might not be a fraud, but it definitely shows a lack of empathy for the trader. We have shared the review below. Take a look!
This complaint talks about a trader who felt comfortable with UFX Partners initially. The trader believed that the broker would offer him good returns. However, the trader could only hear excuses when seeking fund withdrawals from UFX Partners. Here is a small but critical complaint regarding the withdrawal issue.
A UK-based trader made this serious allegation, which, if true, can dampen the broker‘s reputation further. As per the allegation, the trader conceded that trading based on the advice offered by UFX Partners’ officials led to losses. The trader even termed the forex brokers senior professionals as novice. Check out the complete allegation in this UFX Partners review.
Some traders gave a painful recount of the capital scams they witnessed, with some losing as much as USD 65,000. The commonality among these has been how easily the broker‘s official gained traders’ trust and later scammed them. Check out the multiple negative UFX Partners reviews on this issue.
The WikiFX team, after carefully examining the complaints, investigated the broker’s regulatory status to determine whether it is real or fake. True to our suspicion, UFX Partners was found to be an unregulated entity despite being in the business for over 15 years. Imagine the number of traders the broker may have scammed. Considering the elevated trading risks, the WikiFX team gave the broker a score of 1.64 out of 10.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
WARNING: Do not put any money into NaFa Markets. Our research shows it has all the signs of a clever financial scam. This platform lies about its legal status and uses tricks that are the same as fake investment schemes designed to steal your funds. When people search for information about NaFa Markets regulation, they need to know the truth: it is fake and made up.
Our research into NaFa Markets gives us a clear and urgent answer. For anyone asking, "Is NaFa Markets legit?", the answer is definitely no. This platform shows all the typical signs of a fake operation created to steal funds from people who don't know better. We strongly recommend that all traders stay completely away from this platform.
Has Capitalix imposed a fine on your trading inactivity? Did you still lose your capital despite paying the fine amount? Have you had multiple instances of fund scams at Capitalix? Does your forex trading account balance often become negative? Failed to receive a response to the Capitalix withdrawal application? Did you face a prolonged drawdown issue on the broker’s trading platform? You are not alone! Many traders have reported these issues on broker review platforms such as WikiFX. We have uncovered all these alleged trading activities in this Capitalix review article. Take a look!
DeltaFX Scam Alert: User reviews reveal fraud and withdrawal issues. Protect your capital—read the full warning.
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