Hello everyone,
My name is Cassio Drudi, I’m from Brazil, and I’d like to share a serious case involving Kubera Markets (Kubera Capital Markets Limited).
I had a trading account with USD 100,000, operating through HFT (High Frequency Trading).
Everything was fine until September 2025, when I requested to withdraw my capital.
Since then, the company has refused to process my withdrawal.
Emails and messages went unanswered.
The person representing Kubera, named Norman, kept delaying, giving vague excuses, and never providing a concrete solution.
Then, my authorized trader (Kleber) had his trading access disabled — the buttons were removed, and we were left completely unable to manage the account.
This was an unethical and manipulative move that exposed all the funds to market risk.
Later, Norman proposed an absurd “agreement”, offering to open a new trading account with USD 22,000 supposedly from his own funds, claiming he would “recover the losses” through new trades — instead of simply returning my money.
That proposal is noncompliant and illegal under client-fund segregation rules.
Attempts to contact the company’s CEO, Brian Griffin, have failed — he is nowhere to be found, and Kubera hides behind silence and empty excuses.
I am now working with my lawyer and have filed a formal complaint with the Labuan Financial Services Authority (Labuan FSA).
I’ll also continue warning other traders and investors not to deposit or keep their money with Kubera Markets.
Summary of what happened:
Since September 2025, my withdrawal of USD 100,000 has not been processed.
Trading access was removed from the authorized account manager.
False proposals were made to delay repayment.
No transparency, no communication, no refund.
In short:
Kubera Markets does not honor client withdrawals, violates transparency principles, and should not be trusted.
If you’re in a similar situation, file a complaint with the Labuan FSA and document everything.