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Forex vs Binary Options – 1. Forex vs Binary Options – 2. Notes: XForex is a trade name used by O. Were you satisfied with the quality of XForex broker services?
I Requested for a withdrawal they removed the Profit. This company is attracting clients in by exaggerating the amount of profits they will gain through investing and trading with them. French Investors about dealing with this company. They also lied about offering the demo account and about providing the professional expert who should guide me step by step and the evaluation prior to using the live account. I visited Xforex web site as advised by my relative who traded with them and lost his money later on too because of some similar reasons. In the beginning, I placed my basic information at their website and then I was forwarded to the webpage where it has the terms and conditions and the advice to read it but I closed the webpage without surfing further because I was not fully convinced of this service.
After one day I received a call from one of Xforex marketing team called Omar Abu Ataa. The Account Manager gave many false and illegal trading advices which caused a major loss in addition to neglecting the need of using stop losses strategy by her. Another major thing to complain about is the style of trading instructions, and advices I was receiving through the frequent daily calls of my Account Manager. I was requested by her to place mostly high value orders in rush basis with no understanding of the risky cases and their consequences. On the other hand, not using Stop Losses strategy is a big mistake. The Account Manager was always neglecting the need of using Stop Losses Strategies although I requested this many times by telephone and through a previous complain I sent by E-Mail. Stop losses strategy is highly important especially for beginners like me, but she was always preventing me from using it through her trading advices.