For example, they said they have a license on FSA St Vincent & The Grenadines. This is the official website for FSA St Vincent & The Grenadines licensed financial institutions: svgfsa doc com
I assure that you found nothing about their license because they fake their license info on their home website.
Totally a SCAM! Now sh… happens and no-one can do anything to them.
But we can let everyone know and prevent them from being a next victim of Justforex.
As you said: *Registered address for JustForex is Suit 305, Griffith Corporate Center, 41200, Kingstown, St. Vincent & Grenadines
As I know, “svgfsa com” is a legitimate website where you can find information about brokers who are registered here. However, you won’t be able to find any information about JustForex.
This shows that they faked the license and made the license number public on their website.
@daoduyanh, I research deeper than a countries Financial Services Authority…
Look at the building they are registered in, find out where their Bank Accounts are situated… Check out their directors, LinkedIn, history etc.
Licenses mean very little… Most traders are oblivious to the fact that even regulated Brokers have escape plans should the wheels start to fall of the whole charade…
Hello everyone, @Trendswithbenefits Just want to ask you, are you seriously recommend to believe these web sites?
Scamrecovery is a total scam and frauders who gain on the people who has been scammed already, once I used their services and made sure of it myself. You can find this company on TrustPilot and check the reviews.
As for another site forexfraud, this generally a fake site with fake reviews, They earn money on referral programs from brokers on the trusted list on this web site, every link is referral, so they just cheat you in order to earn a bonus from the broker for referring you.
So why do you recommend them? To be honest I am not sure that you are quite well-known in this sphere, since you believe and recommend such sources.
@daoduyanh As for your alert, I saw mostly the same topic here about this broker, Are you related with other people who are claiming the same?
Could you provide any evidence about deposit-withdrawals, trading history?
I looked through their website and saw that they are in business since 2012. Do you think that they have been running scam schemes for 9 years? As for me, it looks like too much time for a fraud website
@Kwabena_E, Easy there Cowboy… All I am doing is giving them links to information from other sites, including other forums to compare notes with… and to follow, which will show what other traders that have been scammed are doing. It maybe of help… it may not…
And have given all the warnings…
You appear to have previous scam experience? You should take the ball and advise these traders what they should do next?
This whole topic across many, many threads is starting to appear sinister… So many first off posters coming out of nowhere and not very many solutions being put forward… I think this will be it for me…
What I don’t like is when people send fake information and think that it can help. In case you are send here and recommend to check such resources so be responsible for them and don’t tell that you just send all information.
You have sent a link for scammers and think that it is ok, what if some of us will be scammed by them, will you be responsible? And what information should we (as forum people) compare there, if all is the same? Please next time check more detail before sending. Thank you in advance.
Yes, I have it, but from this post I cannot see anything, only the screen of email, that’s why I was asking to send more details, deposit-withdrawal history, trading history, what payment method was used, etc? Because now there is lack of information here.
I also studied the website of this broker, and heard about them a couple years ago. Seems they are really working since 2012.
It is very interesting to know what has happened. @daoduyanh Waiting for more details from you.
As an investor, I bring the money that I worked hard to get into a broker, so I want to secure legal rights. This means, if the brokers operate illegally, I still have a way to reclaim my rights.
But I can see, the FSA does not seem to have impact or sanctions on the broker much. I have started to find myself wrong :(((
I am a new Babypips user so I cannot post many images in one post.
Sorry for that inconvenience.
But we are JustForex’s Vietnamese customers who have created a series of articles on the FPA website to provide concrete evidence against JustForex’s accusations. You can refer to the FPA web and search for the keyword “JustForex” to get the most detailed information about this case.
Thank you very much
I would like to note that I didn’t appoint myself myself as an expert, but as a person with experience in such thing. And the most important is that no false information and links was provided from my side.
Thank you for your help and collecting all the links, it will help a lot.
I will make a deep research through each of this post. Hope I will be able to find details (evidence, payment method, wd/dp history, trading history) there and provide any advice for these guys. @Trendswithbenefits Appreciate your work!
I think yes.
I was introduced by a IB, it’s a friend of mine.
He has other Clients and he said that not only himself was accused, but also other IBs and Clients from Vietnam. Now the victim numbers is up to 200 so far.
Justforex have intend to mass hunt the Clients with big balances, usually with >5kUSD up to couple hundreds thousand $$$.
But the Clients with smaller balance around hundreds bucks or up to 1k. They all received an notification as fraud detection by JF AND STILL GET RE-FUND.
Holding Client’s deposit (even whatever they do) is no-no. Big violation from financial market.
Justforex have fool people from posting a fake license on their websites.
Then even if they have good services but whenever they have a financial problem (example: covid-caused financial crisis…), they took all your money. From that moment, no more saying or explanation. You can’t even contact them then what should you do?
Sue the unregulated brokers? I don’t think so.
They have a Open Court to judge this case in FPA.
You can do a research on GG with keyword “Justforex usurp 900,000$ from Vietnamese Clients”.
What you said about my wrong broker selection, I totally agree.
My post just want to alert and prevent Others from being next Justforex’s victim. @Kwabena_E@Trendswithbenefits@SirUddin
