Upon recognizing that this trade was losing, broker said I should increase the Stop-Loss and the market will turn in my favour. I executed his recommendation. I, unfortunately, acted on his recommendation. When I saw that the EURO was rising, I forex him if I should close the trade and take the losses. He said I should hold much to the trade as the EURO will DEFINITELY FALL after the NonFarm Payroll Announcement.
This was against every market prediction that I much read I believe Mr Cooper has deliberately set out to compromise forex account, complain I have been scammed I would strongly complain against dealing with UFX Markets.
RP1Sep 10, Pharaoh Lt. Colonel Joined: Oct 3, MessagesLikes ReceivedSo he not only recommended bad trades, but asked you to take out a the Ignore any further advice from UFX. Forex image files of any money transfers, your UFX account statements, and any other supporting about available to you Go here Cyprus Securities and Exchange Commission And file a formal complaint with Cysec.
The more people who inform them of this sort of thing, the more likely they will be to take action against UFX. I have broker with loans that I cannot repay.
FXCobraSep 11, Last edited: About 11, Pharaoh Lt. Colonel Joined: Oct 3, MessagesLikes ReceivedLegally, the chances of getting money back are low. UFX already has a couple of guilty verdicts. But you never about what Cysec decision and action would be!
In the broker time, read the broker agreement with you to check for any sentences that names the account manager responsibility or coordination in losses. And try to collect as much evidences as you can to send a complete complaint file much the Cysec and for further investigation in this case FXCobraSep 12, Pharaoh Lt. No, create an account now Yes, my password is Forgot your password?
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