Forex Trading - FRAUD - User Reviews & Complaints - Forex Trading - FRAUD - Zurich Prime Fraud - Trade Complaint :Others
     Login| Register   Search By Id   Daily Article
Facebook

     Select Category to VIEW Complaint      Select Category to POST Complaint
 

Forex Trading - FRAUD - Zurich Prime Fraud

Mark as spam misclassified duplicated expired offensive

Consumer Complaint ID: CCN01360420

Others Published date: February 14, 2017 Add to watchlist
  • Country: Others

Name: Forex Trading - FRAUD

Search Similar Complaints

Amount Loss: $US +50,000

I have been defrauded by Zurich Prime Forex Trading.I have been defrauded in excess of +$US 50,000. It all started with being approached by Zurich Prime to start at $US 250.At all times I was following instructions from Harvey Spectre and occasionally SimonB (not sure these are real names). All started good - a few small wins. I was encouraged to commit further capital and I did, progressively. As my commitment mounted up I began to what I now see as a continual pattern. I would always be advised to make a position which left my account exposed to automatic close. Hence i was aggressively encourage to commit more capital. It got to the stage that I was trapped - lose a significant amount or continue. In the face of losing around $US20,000 initially, I chose to continue to accept Zurich Prime's directions. Again the same pattern was apparent. At the end of each trading day, my account was in jeopardy and I was aggressively requested to commit more capital.At some stages I had to react within a very short timeframe (30 seconds or so) to directions of Zurich Prime. At several stages I was mentally exhausted keeping up with the directions provided !This continued over a couple of months until I could not commit more capital and my account closed due to poor positions being advised by Zurich Prime. I feel such an idiot to have believed Harvey and Simon. Zurich Prime is a total fraud. My best guess is that my positions were not LIVE but on a practice trading version of Sirix where one can trade "pretend money" to see the outcomes and learn more.Having stated this, not only did Zurich Prime take commission on the Margins, but all my "real" money went straight into their pockets. Hence, my capital was never really in danger and they just took it. Where can I go or what can I do? Ross



Vote
Result 0 votes

Add Comment  



Views: 66    Print

Comments

    Leave your comment (spam and offensive messages will be removed)







    Latest Comments:


    Andrew has commented on tdmarkets.com - Withdrawal too much delay & no Deposit Bonus Scam Broker
    I have been with TDMarkets for 3 months now and I ...


    aditi shah has commented on Assure database - ASSURE DATABASE COMPANY IS CHEAT AND FRAUD....
    hi mene assure database company se Work liya tha o...


    SACHIN GUPTA has commented on WittyTrades.com Complaint Good or Bad ?
    is company mai paisa naa daaliye aaplog ye company...


    Ryo Hermawan has commented on forexmart.com denied my bonus money
    so far I have not experienced any problems in trad...


    Salmons Monter has commented on All Go Trade - Information
    I got scammed but I got my money back to the last ...


    Admin has commented on Forex Trade Copier and Forex VPS - Forex Accounts on Cheap VPS and Forex Trade Copier
    This is a smart comments and it may help for begin...


    Anonymous User has commented on ForexFactory.com - Can I use Forex Factory News to make money in Forex?
    They are one of the best site in market no doubt a...


    Anonymous User has commented on All Go Trade - Information
    If you are thinking of giving this company your mo...


    Salmons Monter has commented on forexmart.com denied my bonus money
    TRADING is never easy but with the right strategy ...


    Moderator has commented on hotforex.com - Very Disppointed with Service & Bankwire Withdrawal too much Delay
    Please post more details so that we may take this ...


    Johnson has commented on exness.com - Exness Worst forex broker of 2017
    Whatever it is but I just love exness - -they are...


    Anonymous User has commented on oanda.com - USA Scam broker Lost 800$ in Week Beware of them
    I really cant believe this there are so many Users...


    Hari has commented on forexmart.com denied my bonus money
    Ryo Hermawan: - Please let me know is it safe to i...


    Moderator has commented on tixfx.com needs to trained their employees
    Hi Cecelia Pestana - So sorry to hear that you hav...


    Random Users has commented on axnfx.com - Axnfx scammed me
    I simply loved your post and your analysis. And al...